https://screencast-o-matic.com/watch/c3frq0VYbNVPowell says taming inflation is essential and 50 basis rate hike likely in May. Is anybody surprised? Probably not, yet the market is taking this news like it's the second coming of March 2020. Don't over-react. We've seen many fake-outs. A few shorts in either direction are fine, but not a good sport to get overly aggressive (see video). In the face of inflation TSLA had great earnings, as did airlines. Stocks in play (some long/some short) include: NFLX, TSLA, CRM, NVDA, UAL, DAL, GPS, ULTA, RL, LMT, KBH, LEN. 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 exited OXY at breakeven. Still holding UGL.https://screencast-o-matic.com/watch/c3frq0VYbNV
Market Speculator Part-Time | Swing Trade Report
Paul
Singh
•
April 21, 2022

