https://screencast-o-matic.com/watch/c31UqwV0DFbThere is little edge as the market consolidates near the bottom of the post bounce range. Good arguments can be made for either a dead cat bounce continuation of downtrend or a consolidate before testing the 50ma. Many stocks are in the same position. For that reason it's a good time to be patient, wait for resolution and have our potential longs and short lists ready. Potential longs include: MSFT, T, INTU, DDOG, TEAM, PDD, FROG, SNOW, LNTH, PLTR, OKTA, MCK. China ETF YINN is also still a potential long after taking profits yesterday. Potential Shorts include: SNAP, SQ, LYFT, UBER, UPST, U, SHOP, SPOT, RIOT, LOW, HD, DHI, LEN, PTON, SIG, NVDA. 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: Still holding ZM. Took profits in YINN.https://screencast-o-matic.com/watch/c31UqwV0DFb
Market Speculator Part-Time | Swing Trade Report
Paul
Singh
•
June 29, 2022

