Market Speculator Part-Time | Swing Trade Report

Quick Summary:

SPY tests highs. Steel and metals show relative strength. JNUG basing right below moving average. New earnings breakouts stocks and focus list.

Video Analysis:

Along with our normal analysis, today's video talks about swing trading and not over trading for the sake of making trades.

https://youtu.be/R2JQoxH_rjcI highly recommend that you watch the video, rather than just read the notes. I talk about strategies, entries and exits more in depth in the video, yet short enough that they are only 5-10 minutes long.

Indexes and Game Plan

SPY tested the high we have been keying in on and pulled back. We now wait and watch for either a breakout or consolidation. Industrial metals and steel leading today and we will look for pullback entries.

The game plan remains to capture a market move to the old highs by keying in on strong focus list stocks and sectors.

Trades

Still holding JNUG, FEYE and AAPL.

Note: JNUG is not our typical swing trade as we build positions and even average down if prices go lower. This is a small position that allows me to enter more on deeper pullbacks without getting stopped out. This setup has been discussed in the last two videos.

Focus List

Tomorrow we continue to look to build a position in JNUG or UCO. Other focus list stocks include FCX, EYES, ARAY, WOR, TX, GPRO, AGIO and ONCE.

Today's breakout adds: DNKN, DPZ, MDSO, ORLY, SKX

2nd quarter breakouts: HAS,CE,NFLX,TZOO

FocusList: TZOO,NFLX,CE,KMX,ALEX,ARAY,EYES,CYBX,AGIO,TWOU,JCOM,TWTR,WBAI,EA,X,ULTA,UCO,PANW,CYBR,QLYS,AMZN,DIG,JNUG,NUGT

Energy focus list: TK,OII,FTI,NOV,XEC,CRZO,ESV,NBR,OAS,VLO,CLR,OIS,WNR,FANG,SCTY,DVN,CVX,DRQ (see video)

Q1 2015 Earnings Breakouts:

SAAS, AHS, PBPB, ANGI, JCOM, CFX, SCOR, SKX, IFF, PNK, GNC, FEYE, STMP, TWTR,LNKD,CBM,MTSI,XLS,GLUU,DATA,ORLY,RTEC,NANO,CYN,INFN,RMD,BWLD,APP,QSII,X,AN,BSET,THOR

Sector Watch

Energy and Gold for long term big swing trades. Cyber security, medical devices, biotech, data storage, internet.

Please read the Education Archive and posts 23 Laws of the Part Time Swing Trading the Market Speculator Way and How to Analyze Your Swing Trade Results It is important to know these setups and rules if you trade off the Report.New subscribers and trial members please leave me any feedback/comments in the comments, via email (singhjd1@aol.com) or twitter

(twitter.com/PaulJSingh)