https://screencast-o-matic.com/watch/c0VhFUVwIp6The Santa Claus really ended yesterday officially green, but a full percentage point below the historical average and with SPY still trading within a weak range. That being said, the fact that it closed green means we dodged the negative historical trend for the coming year. The market is weak but withing the trading range the day after Fed minutes confirmed what the Fed told us in December, that interest rates will not decrease in 2023. It's rather obvious that the Fed wants a deeper recession. Earnings season starts soon which will offer plenty of trading opportunity. Stocks discussed today include CAT, JCI, ORLY, META, NFLX, ASML, ROST, BBWI, ISRG, IDXX, DXCM, ENPH, FSLR, ERX, GS, TBBK, FL, SKX, BABA, BIDU, HUYA, PDD, BILI, YINN.We also review potential bearish plays in AAPL, MSFT, AMZN, SPXS, SOXS, TZA, SOXS. Focus list stocks include SPXL, TQQQ, NFLX, META, DXCM, IDXX, AMD, MSFT, MCK, LMT, BA, ORLY, ULTA, NKE, ISRG, ETSY, DECK, BURL, OKTA, NEM, MRNA, JNUG, NUGT, SLB, NBR, CVX, VLO, OXY, DECK HUYA, LLY, MRNA, SBUX, AMD, DE, CEIX, APA, HES, BABA, BIDU, HUYA, YINN, CELH, MNST, MRNA, TBBK, PI, PODD, IRDM, MEDP, SMCI, EXAS, CROX, FL, SKX, BBWI, LOW, FCX, UA, LULU, MCK, MEDP, BDC, DOCS, MNST, ADM, CENX, AA, TEX, TBBK, TSCO, MDB, FSLR. The game plan remains the same. If we do decide to go bearish, inverse ETFs SPXS, SQQQ, TZA, SOXS, FAZ, SARK. If the market rebounds over the next few days we go long same RS stocks, leveraged ETFs and big tech before January 4.Current positions: Still holding SLB and SBUXBig 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/c0VhFUVwIp6
Market Speculator Part-Time | Swing Trade Report
Paul
Singh
•
January 5, 2023

