https://screencast-o-matic.com/watch/c3VXYbVowNnNo surprises from Powell in today's confirmation hearing has the market continuing off yesterday's hammer formations. While the is constructive, there is some more work to be done for an all systems go rally alert. SPY could be forming a higher low, while QQQ is still in "rubber band" phase. Small caps are bouncing off the lows. There are two setups to watch for right now. Continuation pattern in shallow pullback relative strength areas and rubber bands in beaten down bounce stocks like software and growth. Stocks in play include GOOGL, TSLA, FB, AAPL, DIS, BABA, LTHM, ALB, PLNT, DKS, WYNN, UAL, ALK, CCL, RCL, FCX, CENX, AA, LCID, DASH, BROS, COIN, CGC, TLRY, WIX, TTD, U, MDB, SHOP, APPS, INTU, ADBE.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/c3VXYbVowNn
Market Speculator Part-Time | Swing Trade Report
Paul
Singh
•
January 11, 2022

