https://screencast-o-matic.com/watch/c3n6YrVDWlmThe market is reacting today to CPI numbers that surprised some with inflation hitting record highs at 7.5%. All three indexes are gapping down but still within their recent ranges and not showing any failure of the current bounce. While macro-economic news is not good, company earnings continue to show strength. DIS and DDOG were big winners today and Coke also impressed. It has been a strong earnings season so far. The question now is does the short term market value the strong earnings more than the macro-economic data. Im taking a cautious approach today, but if we see strength tomorrow, I will look to add a few positions (see report). Travel, industrials and growth stocks are showing RS today. Stocks in play include AMD, MU, MSFT, AMZN, GOOGL, TWTR, CGC, SNAP, BABA, PTON, ZS, BARK, RVLV, RBLX, CHWY, SNPS, SYNA, FCX, AA, NUE, GLBE, SIG, DKS, RL, DLTR, DIS, DDOG, TTD, MOS, BTU.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 AAPL.https://screencast-o-matic.com/watch/c3n6YrVDWlm
Market Speculator Part-Time | Swing Trade Report
Paul
Singh
•
February 10, 2022

