https://screencast-o-matic.com/watch/c3V6YiVou0yThe market gapped down big this morning on inflation and fear of added rate hikes in 2022, but has reversed much of the gap down with all three indexes only down around 1% and hammers forming. Beaten down areas like growth, software and tech have good candidates for potential rubber band setups, while relative strength areas still feature nice continuation pattern setups. We will now wait to see if there is follow through on some of these developing hammers as we are in a reactionary news based market. Stocks in play include GOOGL, TSLA, FB, NVDA, AMD, DIS, ZS, U, FRSH, ADBE, INTU, LCID, PFE, MRNA, UAL, ALK, FCX, X, NUE, CLF, AA, EXPE.Re-open stocks: UAL, LUV, SAVE, JBLU, WYNN, PENN, LVS, MGM, SHAK, EAT, CAKE, CMG, HLT, MAR, CGC, RCL, CCL, BBBY, SHAK, KSS, M, WOR, X, CLF, FCX, SIG, CMG, DKS, LULUBig tech: FB, AMZN, GOOGL, AAPL, TSLA, DIS, TWTR, MSFT, AMD, CRMETF LIST: SPY, IWM, QQQ, GLD, GDX, TLT, UVXY, EWZ, FXI, RSX, USO, XLE, XLF, SMH, IGV, XCC, XHB, XAR, MJ, XLV, XBI, IBB, CLOU, SKYYCurrent positions: Still holding OXY, MGM, TNA.https://screencast-o-matic.com/watch/c3V6YiVou0y
Market Speculator Part-Time | Swing Trade Report
Paul
Singh
•
January 10, 2022

