https://screencast-o-matic.com/watch/c3lhqkVvfZrThe market is pulling back today on stronger than expected PMI numbers. This causes a little bit of concern that Fed could tighten more, although it does feel like a bit of an over-reaction. Breadth is still strong and VIX is not jumping. UUP is bouncing right at it's 200ma while SPY pulls back at it's 200ma test. RSP continues to show relative strength. Remember December seasonality is in play (soft start to December with strength in mid-December followed by the Santa Claus rally). Our focus list is still made up mostly of stocks that posted strong earnings breakouts. Stocks in play include GRWG, CELH, MNST,NFLX, SBUX, META, ENPH, WING, ORLY, CHWY, DXCM, ISRG, ETSY, OKTA, IDXX, ASML, YETI, PDD, BABA, BIDU, HUYA, DADA, FAS, ERX.Current positions: SHOP, TQQQ and NVDABig 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/c3lhqkVvfZr
Market Speculator Part-Time | Swing Trade Report
Paul
Singh
•
December 5, 2022

