https://screencast-o-matic.com/watch/c3XnqhVuBQKNo surprise that the market spent most of the day in a tight range below yesterday's close and post Fed interest rate decision is acting like a chicken with it's head cut off - initially popping big and then dropping hard once Powell started speaking. The expected 75 pt hike is in, and some indications of slowing of future rate hikes. We should not base any decisions off today's market reaction. Wait a few days and let things shake out. If the market holds are remounts key support/resistance levels, the election and end of year rally is in play. If it fails, we should start looking for short opportunities. Big tech is weak with GOOGL, MSFT and AMZN breaking down below earnings gap down levels. Stocks on the radar today include DXCM, TBBK, TDOC, GS, NFLX, AMZN, INTC, AAPL, PINS, TDOC, FAS, OXY, VLO, CVX, DVN, MRO, SM, TMDX, SBUX, F, GM, ORLY, ULTA, NVDA, PANW, ENPH, FLSR, TLRY, CGC, LABU, REGN, HLT, ISRG, DECK, NVDA, CELH, SPXL, TQQQ, TNA, INMD, SHOP, HOLX, PINS, GM, UBER, IDXX, BJ, SIG, MCK. 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: DISBig 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/c3XnqhVuBQK
Market Speculator Part-Time | Swing Trade Report
Paul
Singh
•
November 2, 2022

