https://screencast-o-matic.com/watch/c3VIYrVogevThe market is pulling back today with growth and tech getting hit the hardest failing hard at resistance levels. We continue to stay away from this area for now until we see improvement other than a reflex bounce. It is a split market with continued strength in banks, energy, industrials and housing. This is a good time to be patient and wait for earnings season to get going. Both DAL and KBH had strong earnings today. Stocks in play include KBH, DAL, UAL, SAVE, BA, EXPE, MAR, SIG, F, GM, PFE, DIS. Software stocks are forming dead cat bounce patterns but don't offer good risk/reward here. Watch for a weak intraday bounce tomorrow for potential shorts.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/c3VIYrVogev
Market Speculator Part-Time | Swing Trade Report
Paul
Singh
•
January 13, 2022

