https://screencast-o-matic.com/watch/c3lQYwVvFxIThe market is in a holding pattern as we await for Powell and the Fed to either catapult or tank the market next week. It is a positive that we have December seasonality in play and that the market has held this week's pullback low. Market breadth remains decent. Current positions NVDA and SHOP have nice cushions that mitigate risk heading into the Fed. While there are a number of setups I like, with 3 positions I will not look to add before the Fed. My 6 current favorite potential entries are NFLX, SBUX, META, OKTA, ENPH and CELH. The energy ETF XLE is pulling back toward that key potential pullback entry level at the 200ma. Us Dollar ETF UUP is teetering at the 200ma. If this level breaks it is healthy for the overall market as we head toward mid-December seasonality. 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, OXY, MRO, VLO, WDAY, BSY, MDB, CROX, FL, CECK, DKS, BYND, MCK, DXCM, LULU, ULTA, SIG, LNW, DOCS, DKS, DECK, EXPR. 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/c3lQYwVvFxI
Market Speculator Part-Time | Swing Trade Report
Paul
Singh
•
December 9, 2022

