Market Speculator Part-Time | Swing Trade Report

Quick Summary:

Market pulls back as SPY and IWM digest 4 days of gains. Took profits Friday in AMZN. Results spreadsheet is updated. 30 stock watchlist to start the week.

Video Analysis:

https://youtu.be/S67366sXE3YI 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 and IWM consolidated four days of gains. This rest is healthy as long as key levels hold. Overall the market looks good with IWM leading SPY, which is a positive sign. While there is still a narrow list of momo stocks, a few new sectors are emerging, like residential real estate.

Since I currently only have 3 positions, my game plan is to get slightly more aggressive and stalk entries.

Trades

Still holding JNUG, GPRO and CYBR.

Took profits in AMZN on Friday for a big gain.

The 2015 spreadsheet: bit.ly/161Yl4w

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 cast a wide net of focus list stocks to start the week which will be paired down as the week proceeds (WATCH THE VIDEO)

Keep an eye on residential real estate (RYL, LEN, MTH), cyber security (GUID, CYBR, FEYE, PANW, VDSI) AND IPOs (WING, FOGO, FIT, SEDG, TANH).

Focus List: WING,FOGO,FIT,LULU,MNST,GOOGL,GTLS,KITE,HABT,SHAK,TWTR,QIWI,DSKY,NES,YOKU,TANH,MNKD,MRC,ZIXI,IMGN,KOP,LEN,RYL,MTH,SEDG,GUID,FEYE,PANW,CYBR,VDSI

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)