https://screencast-o-matic.com/watch/c3hwFpV3n9HWhile the overall pattern in the market is topping, last week was positive as the first resistance level was remounted as SPY QQQ and IWM are all above their 9ema's. There is much overhead resistance with price action supply and the 50ma looming as earnings season catalysts wind down. Thus, the very short term bias is bullish on the reflex bounce, but still bearish on all longer time frames. While all focus lists stocks this week are long, most become "dead cat bounce" shorts very quickly if the market or growth areas start failing. Stocks in play include: INTU, ADBE, ZM, TEAM, DKNG, COIN, JO, ADM, MOS, AMZN, GOOGL, PFE, BABA, HUYA, COST, TGT, ULTA, DKS. Stocks in play include SNAP, ZM, INTU, PLTR, PINS, MSFT, TGT, DKS, ULTA, KOS, APA, EXPE.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: SARK, AAPL and NVDAhttps://screencast-o-matic.com/watch/c3hwFpV3n9H
Market Speculator Part-Time | Swing Trade Report
Paul
Singh
•
May 31, 2022

