Market Speculator Part-Time | Swing Trade Report

Paul
Singh
January 26, 2023
How to trade stocksbows-opengraphTrading-Watch-List

https://screencast-o-matic.com/watch/c0VOYcVx61LMarket patterns are strong with SPY and IWM basing above key 200ma and QQQ testing it's moving average. Breadth is strong with T2018 and equal weighted ETFs showing RS to the indices. Tech and growth patterns are starting to improve with many broken stocks starting to indicate classic bottom formations. Most sectors are strong with very few not participating. Earings season is off to a decent start. Big tech stock's TSLA and MSFT are constructive, with TSLA gapping up big and MSFT completely reversing it's initial gap down (that was the basis for today's entry- see video). TSLA is a good example of our low expectations thesis. The headline for TSLA is "not as bad as feared". Even a bit of good news will get stocks to pop, and as we saw with MSFT, even concerns with guidance can reverse quickly. Stocks reviewed today include PDD, IQ, BABA, BIDU, SE, SFIX, SPOT, DIS, AMD, META, CVX, COP, DVN, SLB, MRO, OXY, CENX, MDB, SPXL.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/c0VOYcVx61L

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