Market Speculator Part-Time | Swing Trade Report

https://screencast-o-matic.com/watch/c3QUFRVte7HA surprising development in the recent inverse relationship between UUP and the market with UUP down today and testing it's 9ema. We would expect a green market when this happens, but today the market is tanking and giving up all of yesterday's potential reversal candle gains while it testing the June lows. An explanation for this could be that Wall Street is anxious with regard to tomorrow's inflation numbers. This is understandable considering the last few releases have been negative surprises. Stay cautious as we head to Friday. In today's video we go over some key industries and focus on consumer cyclicals (stocks tied to the business/economic cycles like retail). Notice that AAPL and Carmax have been hit hard this week both warning about the economy. Leaders in this area like AMZN, Ford, LEN, TSLA could provide good short setups, along with the inverse ETFs. No stocks are on the longs watchlist today. That could change based on tomorrow's reaction to the CPE inflation report.Current positions: NoneBig 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/c3QUFRVte7H