Quick Summary:
SPY continues move to test the highs. Entered RUSS. Current positions LEN, SSO, CYBR (short), AAPL, MNST, X, BIS. Looking for entries in energy and residential real estate.
Video Analysis:
Note: First quarter trade results are complete and spreadsheet is updated. Feel free to email (Singhjd1@aol.com) your thoughts and analysis. I will have my own analysis later this week. Your feedback will let me know topics I should discuss.
https://youtu.be/ShsMeSWxE8oI highly recommend that you watch the video, rather than just read the notes. I talk about strategies, entries and exits more in depth in the video, yet short enough that they are only 5-10 minutes long.
Indexes and Game Plan
Nice continuation bounce off the 50 dma remount. Now we watch for a test of the old highs. We are still looking for pullbacks in energy and residential real estate.
The game plan is to stalk energy for a good entry, and look for entries in our small focus list.
Trades
Entered RUSS (inverse/short Russia RSX)
LEN, SSO, CYBR (short), AAPL, MNST, X, BIS (inverse shorts IBB).
2015 Trade Results: http://bit.ly/161Yl4w
Focus List
Focus List: WBAI, KMX, CBT, BABA, GPRO, WLB, ULTA, HD, BLUE, EA, X, XON, UCO, MNST, LNKD, ONCE, TWTR, MTSI, FEYE, AAPL
Energy focus list: TK,OII,FTI,NOV,XEC,CRZO,ESV,NBR,OAS,VLO,CLR,OIS,WNR,FANG,SCTY,DVN,CVX,DRQ (see video)
homebuilders: LEN, DHI, SPF, RYL, MTH (see video)
Focus List: amzn, hd, ea, xon, ggal, kmx (see video)
Q1 2015 Earnings Breakouts:
Sector Watch
We are looking for positions in homebuilders and energy
Please read the Education Archive and posts 23 Laws of the Part Time Swing Trading the Market Speculator Way and How to Analyze Your Swing Trade Results It is important to know these setups and rules if you trade off the Report.New subscribers and trial members please leave me any feedback/comments in the comments, via email (singhjd1@aol.com) or twitter
(twitter.com/PaulJSingh)
