https://screencast-o-matic.com/watch/c0VTb1Vx1bEThe market indexes opened down 1-2% after a number of earnings reports raised concerns. While many of the stocks had did fine in terms of expectations on revenue and earnings, the guidance is what's concerning. This market is about the future, not the now, and when a stock that makes up 10% of the Nasdaq/QQQ sounds weak in their guidance it concerns the market. That being said, the market has recovered nicely and MSFT, which was down 4% is not near breakeven on the day. In today's report we also look at the reaction of T, ASML, ISRG, TXN and BA. Stocks reviewed for potential entries include NFLX, ALLY, JPM, URBN, FL, ROST, WING, ORLY. We also review potential entries post earnings in big tech stocks GOOGL, AAPL, META and TSLA. TSLA reports after hours today.Took profit in SBUX today, which has earnings next week.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: Took profit in SBUX. Still holding CELH.Big 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/c0VTb1Vx1bE
Market Speculator Part-Time | Swing Trade Report
Paul
Singh
•
January 25, 2023

