Quick Summary:
SPY continuation with big volume behind it. While still slightly bullish, will get more aggressive if this action continues. Still holding AAPL, BRZU, BWLD, TWTR, LOCO. Focus list for tomorrow UCO, FSLR, P, MNST, SHAK, RGLS, XON, GOOGL.
Video Analysis:
https://youtu.be/Uv7oLBuqJGMI 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
Big continuation move from SPY today as the market bounces off the 50 dma and closed above the 20 dma. More important than the price action was the big positive volume behind it. If this type of action continues I will go from slightly bullish to aggressively bullish. However, one day does not make a market.
Our game plan is to play conservatively look for 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, LOCO, BRZU.
2015 Trade Results will be updated soon: http://bit.ly/161Yl4w
Focus List.
New Additions: MNST, UCO, SHAK
Close to entry for tomorrow: UCO, FSLR, GOOGL, XON, RGLS, SHAK, P, MNST
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
Oil ETF. Biotech. Internet and social media.
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)
