https://screencast-o-matic.com/watch/c3ejYlVFIBS The market is getting more and more volatile with SPY putting in a 12 point range today. Unfortunately, the volatile move is still within a downtrend and the overall index topping pattern is still in tact. Most of the industries that make up the market are still in bearish patterns. They are either topping, like retail, housing and financials, or in downtrends that topped a while ago, like growth, IPO and tech. The bullish segment of the market is still energy, solars, metals, industrials, defense and medical devices. Caution with small occasional shots and nimble swing trading is still the game plan. The bias is still to short bounces, until the market proves otherwise. Potential longs include FITB, DLTR, AAPL, FCX, SQ, JO, KTOS, RTX, GSL, FCEL, BEEM, AA, PBCT. Potential bearish plays and shorts include SPXS, SQQQ, CVX, PB, KR, OXY, LMT, NOC, SNAP, NOW, COUP, TTD, ADBE.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: Took profits in ROKU short and stopped out NVDA.https://screencast-o-matic.com/watch/c3ejYlVFIBS
Market Speculator Part-Time | Swing Trade Report
Paul
Singh
•
March 8, 2022

