https://screencast-o-matic.com/watch/c3hXqOVrXOEThe CPI numbers are in and while they do indicate potential topping of the inflation trend, the number was higher than what was hoped (see video). The market has been volatile today and while at times looked like it might bounce, as we head into the close we are at lows. The topping pattern is still in tact and there is no bounce play. The only area of strength is commodities, and we are not seeing great patterns in these setups either. Exited SPXL and will likely exit OKTA before close. These were small speculative positions that amount to about 1% risk. Very few stocks in play today. Stocks in play include: CRWD, SE, OKTA, NET, UBER, SNAP, HOOD, COIN, RBLX, PANW, DKNG, PLTR, JNUG, CENX, AA, FCX, NEM, FB, AAPL, AMZN, GOOG.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: Stopped out SPXL. Holding OKTA.https://screencast-o-matic.com/watch/c3hXqOVrXOE
Market Speculator Part-Time | Swing Trade Report
Paul
Singh
•
May 11, 2022

