https://screencast-o-matic.com/watch/c3ioFEV0NeyAs we expected, after five down days the market looks like it will end the week with a reflex bounce. At this point the bounce does not indicate much of anything. For a good bullish indication, we need to see continuation, and it will help if the indexes can remount their 50 day ma's. Biotech continues to show relative strength and unlike many areas, is following through on it's bottom formation breakout. Stocks in play include ARKG, LABU, CRSP, EDIT, BEAM, RCKT, INMD, ULTA, CELH, MNST, SBUX, SHAK, DKS, BA, DKNG, LOVE, BYND, AAPL, NFLX, GOOGL, AMZN. I am still watching the bearish inverse ETF's if the market does rollover next week.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: nonehttps://screencast-o-matic.com/watch/c3ioFEV0Ney
Market Speculator Part-Time | Swing Trade Report
Paul
Singh
•
July 15, 2022

