https://screencast-o-matic.com/watch/c3iFFuV0S00The market opened strong on positivity surrounding the Fed indicating they will likely raise rates at 75 basis points instead of the expected 100. However there has not been much follow through and we are seeing some intraday pullback. A bit of consolidation here near resistance is healthy. SPY and QQQ are near 50ma remounts. Growth continues to show accumulation. Reflex bounces in ugly energy and commodity stocks are in play, but don't change the terrible looking charts. This is a big earnings week. IBM and NFLX report today and tomorrow which will start the big tech earnings season over the next two weeks. Stocks in play include ARKG, LABU, RIOT, COIN, DKNG, OKTA, SQ, TEAM, MDB, NFLX, INTU, ROKU, YETI, FORG, AI, LOVE, LCID, GLBE, PATH, RLBX, CHWY, ULTA, CELH, MNST, SBUX, DKS.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/c3iFFuV0S00
Market Speculator Part-Time | Swing Trade Report
Paul
Singh
•
July 18, 2022

