https://screencast-o-matic.com/watch/c3hFq2VrvNPThe bounce has failed and the "dead cat bounce" is setting up as all three indexes drop back below their 9ema's. The move today was spurred by Target indicated inflation is starting to hit consumers. Retail is getting hit hard. The trading bias is now bearish and we are looking for short setups over the next week. Today's entry was SARK, which is the inverse ETF to growth ETF ARK (go long SARK to make a bearish bet on ARK). Bearish setups include: AAPL, AMZN, GOOGL, TSLA, NFLX, TGT, COST, DLTR, DG, ADBE, CYBR, INTU, SNAP, NET, MDB, TEAM, SHOP, UPWK, SIG, RACE, JWN, ROKU, VEEV, SFIX, GM, W, ULTA, DKS. Also inverse ETFs like SPXS, SQQQ, TZA, FAZ, SOXS can be used as an alternative to shorting.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: SARKhttps://screencast-o-matic.com/watch/c3hFq2VrvNP
Market Speculator Part-Time | Swing Trade Report
Paul
Singh
•
May 18, 2022

