Market Speculator Part-Time | Swing Trade Report

https://screencast-o-matic.com/watch/c3QQFAVOQtzThe market is popping today, and this does not come as a surprise considering how well it handled Powell's reiteration of his earlier comments on inflation. This is a big clue that the market has priced in the 75 point hike and should handle it well unless guidance for the future becomes even more negative. We have 2 weeks until the next rate hike meeting, so this is a good time to take some shots without worrying too much about a scheduled news event. Growth and post earnings plays are strong. The dollar is pulling back (UUP), which is good for the market considering the recent inverse relationship (See video). Be careful taking on stocks that are too extended right now. Look for stocks that are near pullback or consolidation buy points and offer good risk-to-reward. Short will want to see a failure of the bounce/consolidation. 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. Post 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, DXCM, TWTR, ETSY, ENPN, FSLR, ADM, ASAN, DHR, SMCI, SBUX, CVNA, SHAK, RH, SPOT Current positions: PANW and DKNGBig Tech Stock List: AAPL, META, MSFT, NFLX, GOOGL, AMZN, MSFT, NVDA, CRM, ORCL, AMD, TWTR, DIShttps://screencast-o-matic.com/watch/c3QQFAVOQtz