https://screencast-o-matic.com/watch/c0Vqq5Vw7dnNo surprise that we are seeing a continuation of the pullback at overbought conditions in the market. What is a bit of a surprise is that the Fed heads continue to make hawkish comments in the face of positive inflation numbers; although it's not a big surprise since we are operating under the thesis that the Fed is trying to deepen the recession. For now overall the market patterns are still in tact as we head into the meat of earnings seasons. NFLX is the big one today, and in the Report we go over different tactical scenarios to play the stock post earnings. We also go over in depth stock with earnings coming up for "earnings drift" plays and post earnings setups: OKTA, ISRG, PDD, DIS, OXY, SHOP, PYPL, ORLY, FANG and WDAY.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 SBUX and stopped out FASBig 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/c0Vqq5Vw7dn
Market Speculator Part-Time | Swing Trade Report
Paul
Singh
•
January 19, 2023

