Indexes and Game PlanSPY again tested the bottom of the $208 to $214 range as stocks showed weakness across the board. If the 200 dma breaks, we could see a selloff and we will adjust accordingly with pair trades and possible VXX plays. Stocks that are working as swings continue to narrow and consist mostly of post earnings plays. This strategy is working very well for day trading and swing trading in this market. We had a big dip at the open today and reversed and went green a hammer off 200dma. Looks like potential run to top of the range.The game plan continues to focus on a select group of relative strength stocks, IPOs and earnings breakouts. We will keep an eye on commodities for a clue as to a short setup or continuation long. Trades (see video)http://youtu.be/cNUuzsNguNsEntered ERX, up 2 points from today's entry.Also holding GOOGL, TNA and AMZN. Pay close attention to GOOGL strategy as discussed in video.Focus List (see video)The Focus List: SHOP, BLWD, VA, PNRA, PLOW, PYPL, WBAI, TWTR, UGLD, IBB, XLE, ERX, GOOGL, AMZNThe biotech list (long and short): SAGE,EPZM,PRTA,SCMP,INSY,BLUE,POZN,RARE,KITE,RGEN,SGEN,FOLD,ALKS,FOLD,REGNCommodity List: USLV,TANH,SEDG,WLB,JKS,FSLR,CSIQ,FCX,WOR,X,OA,ERXSome Kunal stocks that we added today. $sune $sm $plnt $expe $va Here is todays report video!http://youtu.be/cNUuzsNguNs
Market Speculator Part-Time | Swing Trade Report
Kunal
Desai
•
August 13, 2015

