https://screencast-o-matic.com/watch/c3QrI8VOpoPIt is Fed Day and the expectation is a 75 basis point hike and hawkish commentary from Powell. Since this is expected, we could see less than expected volatility from the market. However, if his commentary is surprisingly less negative than expected, we could see a strong market rally. On the flipside, if we get a 100 basis point hike or even more than expected negativity, the market could slide. Watch the recent SPY lows as support. If these levels breakdown, the pre-pandemic high is on the radar around SPY 343. Big tech stocks AAPL, AMZN and NFLX look interesting if the market shows strength. Energy and Metals are strong, as are select post earnings breakout setups. In today's video we go over an intraday Fed related setup. Defense stocks are gapping up this morning on news from Ukraine/Russia. Stocks on watch: SPXL, TQQQ, GIS, LMT, NOC, GD, CVX, MRO, OXY, AMD, MOS, CEIX, FL, DECK, DKS, PYPL, ZS, WYNN, HLT. The DKNG stop is moved up to entry level.Current positions: DKNG stop at 16.65.Big Tech Stock List: AAPL, META, MSFT, NFLX, GOOGL, AMZN, MSFT, NVDA, CRM, ORCL, AMD, TWTR, DIS, JETS, BJK, PEJ, RSP, QQEW, EWZ, FXI, Key ETFS: SPY, QQQ, IWM, UUP, UVXY, ARKK, IGV, SMH, XLC, IPO, XLF, XRT, XHB, XLV, IBB, XBI, XLE, USO, DBA, DBB, XME, GDX. GLD, SLV, TANhttps://screencast-o-matic.com/watch/c3QrI8VOpoP
Market Speculator Part-Time | Swing Trade Report
Paul
Singh
•
September 21, 2022

