https://screencast-o-matic.com/watch/c362q2VtHM1Our caution is being rewarded as the market pulls back today after yesterday's potential bullish reversal candle. Even with the pullback, the setup is not invalidated, so we will keep a close eye early next week to see if the indexes and stocks can hold the candle and continue off it. If that's note the case and the fade continues, I will likely go bearish with inverse ETFs SPXS, SQQQ, TZA, SARK. 5 of the big banks reported today and we are seeing very good price action in these financial stocks with 4 of the 5 up, which is not easy to do on a day where the market is down 2%. Remember we talked about low expectations during earnings season. If more industries post good earnings we could see a strong market move. We also have that mid-election year seasonality play that could lead to a bullish move. For now I am targeting big tech and bullish leveraged ETFs SPXL, TQQQ, TNA, SOXL, TARK and FAS. Stocks in play include NVDA, INTU, AAPL, DIS, ADBE, DECK, DKS, FL, OXY, VLO, TOST, YELP, ORLY, UA, DXCM, MUSA, AZO, SRPT, FAS.Potential IPO bottoms list: AFRM, AI, AMWL, ARRY, BMBL, GTLB, FROG, ABCL, CWHY, COIN, DASH, CPNG, DKNG, FIGS, FORG, FROG, FRSH, GLBE, HOOD, LMND, MNDY, PATH, PINS, PLTR, RBLX, RIVN, SNAP, SOFI, SNOW, SPOT, TOST, ZM.Current positions: 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/c362q2VtHM1
Market Speculator Part-Time | Swing Trade Report
Paul
Singh
•
October 14, 2022

