https://screencast-o-matic.com/watch/c3nFqyVb0AGContinuation of the market dead cat bounce continues as all three indexes SPY, QQQ and IWM form the textbook bearish pattern. We are seeing a little strength as they day progresses and Re-Opens, Industrials, Energy and Banks continue to show relative strength while growth gets hit. This is a classic split market. For those wondering about holding shorts over the weekend, keep in mind historically the day after President day is weak. However, news related to Ukraine could jolt the market in either direction. It's a bit of a news related gamble. Relative strength stocks include CAKE, YUM, EAT, ULTA, NUE, DLTR, FCX, FITB, WH, PLNT. The short list includes ROKU, DKNG, SQ, NET, MDB, ZN, CRWD, ZS, NOW, TEAM, JMIA, IQ, CRON, CGC, CELH, DDD, PANW, RH.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: Holding AL long and holding RKLB. APPS, DOCU short.https://screencast-o-matic.com/watch/c3nFqyVb0AG
Market Speculator Part-Time | Swing Trade Report
Paul
Singh
•
February 18, 2022

