https://screencast-o-matic.com/watch/c3XeDqVupQZThe Fed decided to ruin the party. While the Fed statement was encouraging, Powell's statement was not. Early indications gave the market hope that potential for easing of future hikes was in the works were dashed once Powell opened his mouth. The chart we posted in the chat illustrates how quickly the market went from exuberance to hopes being dashed. Today we are seeing a bit of continuation. While we still have a historically strong seasonality play in the cards, that is pitted against the hold adage "don't fight the fed." On a positive note, small and mid caps continue to show relative strength, energy is still in uptrend and stocks that have had strong earnings are trying to ignore the market. Most of the stocks on today's watchlist had strong earnings reactions or are from the energy sector. Stocks in play include AMD, NFLX, SHOP, ENPH, WING, ORLY, INTC, TBBK, JPM, GS, ORLY, UBER, TDOC, ISRG, DXCM, MCK, GM, STNG, HAL, VLO, MRO, ADM, NUE, CEIX.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: 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/c3XeDqVupQZ
Market Speculator Part-Time | Swing Trade Report
Paul
Singh
•
November 3, 2022

