https://screencast-o-matic.com/watch/c3Q1FnVTW64The market continues to slide and become even more oversold as it nears a potential support range. While the market pulls back, a number of post earnings breakouts have pulled back to support levels that make them strong candidates if the market starts to bounce. These are the stocks we will focus on for potential longs. Short strategy is a bit more difficult at oversold levels. It's tough to short in this spot, but if the market bounces and fails shorts will setup. Since the market is very correlated, the easiest short play is to go bearish the indexes with inverse ETFs like SPXS, SQQQ, TZA, SOXS or FAZ. Pose earnings and relative strength stocks include NFLX, AMZN, DIS, AAPL, TSLA, DKS, DECK, LULU, MCK, MELI, SNAP, ARRY, SPWR, RUN, RIVN, OXY, VLO, YELP, PYPL, PINS, UBER, DKNG, TEAM, NET.Current positions: NoneBig Tech Stock List: AAPL, META, MSFT, NFLX, GOOGL, AMZN, MSFT, NVDA, CRM, ORCL, AMD, TWTR, DIShttps://screencast-o-matic.com/watch/c3Q1FnVTW64
Market Speculator Part-Time | Swing Trade Report
Paul
Singh
•
September 6, 2022

