Today's Report is written - I am having problems with internet connection and video recording. If I can get it fixed by pre-market I will send out a video.
Today's Trades:
Took profits in GPRO and MOMO.
Both of these are earnings breakouts, but different variations on entry. GPRO is the classic breakout-pullback in a momentum stock and MOMO is a more aggressive early entry based on parameters that signal early entry. I will record a video going over both setups.
As I've talked about in the videos, I will start trading my more aggressive setups like MOMO in the Trade Report account. This one was a smaller position. As time goes on and members get a better feel, I will increase position size.


I am still holding AMZN, JNUG, DIG and TZOO.

Indexes and Game Plan
SPY and IWM continue to consolidate and Monday's analysis still applies.
"SPY closed at new highs and IWM broke above the 50 dma, which is what we were waiting for going into the week. However, it did so on very low volume and many leading momo names are not participating. Thus we will still not get too aggressive.
That being said, we will look to take a shot at IWM as an index play using leveraged ETF TNA if it pulls back tomorrow.
Because "junk stocks" along with bigger low volatiltiy stocks are the types that are moving right now, we will adjust and develop both a junk stock watchlist and a parabolic short watchlist. You must be very careful with these types of stocks and monitor more closely than normal.
The game plan is to key in on high quality focus list stocks, junk stocks and commodity sectors. Still not getting overly aggressive."
Focus List
Focus List: (SEE VIDEO) TTWO, ORIG, QIWI, AMZN, BRZU, USO, DIG, HABT, POT, MOS, SCCO, CHOP, MBLY
NEW Junk Stock List: VCTY, PTBI, PFNX, TRIL, ZEUS, SCHN
NEW Parabolic Shorts List: CALM, CMCM, EBIX, ZEUS
Second Qtr Earnings Breakouts: CE, SKX, GPRO, AMZN, TZOO, NFLX, MDSO, DNKN, HAS, GIMO, ORLY, RCII, RTEC, DPZ, GPRO, BLDR
Energy focus list: TK,OII,FTI,NOV,XEC,CRZO,ESV,NBR,OAS,VLO,CLR,OIS,WNR,FANG,SCTY,DVN,CVX,DRQ (see video)
Sector Watch
Commodity sectors gold miners, energy, aluminum and coal. Financials, biotech and cyber security.
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)