https://screencast-o-matic.com/watch/c3fOq2VYwVuIt's an ugly market with few good setups to trade in either direction. The indexes are testing reset lows and the overall topping pattern is looking more and more like it will confirm soon. It's a huge week for earnings with the following focus list companies reporting: MSFT GOOGL UPS V PEP MMM JBLU DHI FB BA PYPL SPOT F T QCOM PINS TDOC HUM ADP HTZ TWTR AMZN ROKU MCD LUV MA LLY DPZ CAT XOM CVX AAPL. GOOGL and MSFT report today. Watch earnings closely for 1) future guidance 2) price reactions to good news 3)overall price action. Rubber bands are barely holding even with stocks extremely oversold. The silver lining in this market is that T2108 and other breadth indicators are showing postive divergences as we test lows (see video). Stocks in play include FCX, TSLA, NFLX, IBM, TWTR, COST, TGT, KOS, MRO, OXY, USO, ERX, REGN, ULTA, PANW, LMT.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: nonehttps://screencast-o-matic.com/watch/c3fOq2VYwVu
Market Speculator Part-Time | Swing Trade Report
Paul
Singh
•
April 26, 2022

