Quick Summary:
SPY pulls back and holds the 50 dma. Today's trade entry LOCO off breakout-pullback setup. New additions to focus list HAR, P, GRPN.
Video Analysis:
https://youtu.be/0lbNwP8MV4UI highly recommend that you watch the video, rather than just read the notes. I talk about strategies, entries and exits more in depth in the video, yet short enough that they are only 5-10 minutes long.
Indexes and Game Plan
SPY pulled back slightly which is to be expected after yesterday's gains. As long as the market holds that 50 dma remount we remain slightly bullish, still looking for quality setups without chasing.
Our game plan is to play conservatively with small position size, good value and reward to risk and a tight focus list until the market plays its hand.
Trades
I am still holding BWLD, AAPL, TWTR, BIS, BRZU.
Today's new entry was focus list stock LOCO off a breakout-pullback setup.
2015 Trade Results will be updated soon: http://bit.ly/161Yl4w
Focus List.
New Additions: HAR, P, GRPN
LNKD,UA,HAR,P,GRPN,DATA,RMD,NFLX,AAPL,FSLR,GOOGL,TWTR,NANO,LOCO,GWPH,ESPR,RGLS,XON,JUNO,SHPG,ONCE (see video)
Q1 2015 Earnings Breakouts:
Sector Watch
Key sector to start the week is biotech.
Please read the Education Archive and posts 23 Laws of the Part Time Swing Trading the Market Speculator Way and How to Analyze Your Swing Trade Results It is important to know these setups and rules if you trade off the Report.New subscribers and trial members please leave me any feedback/comments in the comments, via email (singhjd1@aol.com) or twitter
(twitter.com/PaulJSingh)
