Market Speculator Part-Time | Swing Trade Report

https://screencast-o-matic.com/watch/c312FoV3ge9The market is in a holding pattern heading into tomorrow's *big* fed meeting. A 75 basis point increase has become the expectation, so now we wait and see if they surprise with a 50 pt cut that could send the market into a big rubber band bounce. If this happens, the leak of .75 will look like a stroke of genius market manipulation. The short term edge in *risk* is likely to the upside since the market likely now won't tank on a 75 raise, but will bounce on a 50 pt raise. The easiest way to position for this is to take one of the leveraged index or sector ETFs like SPXL, TQQQ, TNA, SOXL or FAS. Financials are very beaten down so FAS is a good candidate. Positions should be small and outlook defensive. Cash is not a bad idea either. As always, remember that it often takes a few days for true post Fed trend to develop. We took profits in the RH short today, moved stop to entry on SARK, and still holding ZM.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 profit in RH short. Holding SARK AND ZMhttps://screencast-o-matic.com/watch/c312FoV3ge9