Quick Summary:
SPY closed below 50dma, though IWM remains strong. Current positions MBLY and CYBR strong but still holding. Big focus list to start the week with some new cyber security stocks.
Video Analysis:
https://youtu.be/eGY3ckecHn8I 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 gives us another fake out as it pulls back into chop range below the 50 day ma. The chop range has widened from $208-214, which makes it difficult since there are no trend plays aside from a few select stocks. However, range plays are still available along with trying to game trends within sectors.
The game plan is to take a cautious approach but stike at good setups that reach entry levels.

Trades
Still holding MBLY, CYBR, JNUG, GPRO and AMZN (see video for stop strategy).
For those still holding MBLY and CYBR after the big moves, pay attention to the exit strategy discussion in the video.
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 weeks videos.
Focus List
As usual we have a bigger focus list that we'll pair down as stocks get closer to entry levels later in the week. In the video I discuss the more aggressive account for trade ideas.
Focus List: YOKU,NES,EBIX,RS,CTRP,ULTA,ABMD,LULU,KOP,BABA,TX,SEDG,OAS,KITE,BLUE,AGIO,CMCM,MOMO,TANH,MNKD,MRC,SCHN,USAT,GUID,ZIXI,PANW,FEYEOverall Watchlist from last week:TSE,CMT,PES,ARDX,SANW,CRWW,USAT,BOX,TTWO,EA,GLUU,KING,CMCM,DSKY,WAC,OCN,WD,WBAI,SGMS,NFLX,AMBA,AAWW,FIVE,CONN,VMW,DATE,PTBI,GEVO,LOGM,BLFS,ARDX,HABT,CROX,GPRO,BABA,CYBR,KITE,VDSI,AAOI,MBLY,VLTC,RXDX,JRJC,HRTX,SINA,KANG,IMGN,YOKU,AMCC,SCHN,TANH,CEMP,BAS,MNKD,OAS,GALE,SRPT
Second Qtr Earnings Breakouts: CE, SKX, GPRO, AMZN, TZOO, NFLX, MDSO, DNKN, HAS, GIMO, ORLY, RCII, RTEC, DPZ, GPRO, BLDR, ORIG, MOMO, RRGB, TTWO, QIWI, NES, Yoku
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
Key sectors include biotech, software applications and internet, gaming, select retail, steel, oil related 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)