Quick Summary:
SPY pulled back slightly and is still expected to test highs. Exited and re-entered BIS. Still holding the rest of the positions. FEYE, AAPL, TWTR, XON, ONCE, WLB, EA, LNKD near entry levels.
Video Analysis:
https://youtu.be/rsMMxiOfLDkI 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
SPY consolidates and looks ready to test highs. We are still looking for pullbacks in energy--a two day pullback would be ideal and we will track the energy watch list if that happens.
The game plan is to stalk energy for a good entry, and look for entries in our small focus list.
Trades
Exited and re-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
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