Market Speculator Part-Time | Swing Trade Report

Paul
Singh
January 13, 2023
How to trade stocksbows-opengraphTrading-Watch-List

https://screencast-o-matic.com/watch/c0VIYoVwaw2Earnings season is under way with the big banks reporting and the day did not lack drama. As we mentioned when the banks were tanking pre-market, the earnings numbers were not bad. They beat expectations. However, all three in a seemingly coordinated effort warned of mild "recession". This initially spooked the market before seeing big reversals. JPM went from down 4% premarket to currently up 3%. WFC and BAC followed suit. These types of reversals are often strong signals. Thus, financials are front and center and I will look to enter FAS (see video for game planning financials). We also go over a few other favorite stocks, including ERX, SHOP, OKTA, NVDA, ETSY, CELH. The indexes followed the banks lead and are all up on the day and clearing key resistance levels. SPY is testing the 200ma. If it clears the moving average and the recent high, it technically breaks the year long down trend. Obviously that would be a very strong signal.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.Current positions: Still holding 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/c0VIYoVwaw2

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