The market was predictably unpredictable and volatile today, finally closing at essentially breakeven. Some are taking this as a strong signal, while others still see the bearish flag pattern break. There is no "all's clear" signal and those making either claim are playing on their preconceived biases. We continue to wait for a real clue, and until then will use pair trade strategy to profit from any directional move, play it safe and wait to get aggressive.I am still holding FEYE long/CYBR short and SPXL/VXX pair trades.In today's video we discuss China and oil possibilities, India, VIX, SPY levels, the re-emergence of biotech, personal biases in trading and the overall focus list. MBLY, MNST, BLUE, FIT, TSLA, NFLX and a few biotechs are at the top of the list.Trade Report Video:
https://youtu.be/aeYAc1BqgbQFocus List: (see video for setups) New addtions: PRTA, TANH, GWPHVXX,OZN,VIX,UVXY,BRZU,TSLA,KITE,INDL,FXI,MOMO,TWTR,SUNE,FOGO,NFLX,MBLY,BLUE,BMRN,AMZN,INSY,FIT,SGEN,AMBA,GPRO,FEYE,MNST,SEDG,YOKU,HRTX,,GUID,VDSI
