Market Speculator Part-Time | Swing Trade Report

Paul
Singh
August 21, 2015
How to trade stocksbows-opengraphTrading-Watch-List

Trade Report Video: https://youtu.be/SEVA1pxRX6gThe market was crushed yesterday down 2 percent and violating the 200 dma and the $208-214 range. Note that while it feels like we are oversold, stochastics and the T2108 indicator are not there yet. Until we get to those levels, we will not play a bounce unless there is a clear signal of money flowing into the market.The only plays working are gold and VXX, which are not surprising during this type of move where there is fear and a flight to safety. Keep an eye on these two for entry.The game plan on this Friday is to stay defensive and take no positions going into the weekend unless we get a clear signal intraday or at the close.Remember a big part of swing trading is knowing when to trade. If the market is not conducive to swings and there are not many good setups, do not push trades just for the sake of dong something. When it's time to get aggressive, we will. Until then, it pays to be patient. Money saved is money gained.Current Positions: GOOGL, AMZN, ERXStopped out of TNA yesterday. ERX and AMZN are close to stop outToday's Focus List: NONE, though we will keep an eye on PNRA, WLB, HRTX, FB, TREE, TANH, PYPL, FOGO, NFLXWeekly Focus List: FIT, PYPL, AAPL, UGLD, NFLX, GPRO, FB, TANH, WBAI, TWTR, MBLY, HRTX, RAREEB setting up: PLOW, VA, UA, X, EXPE, BWLD, SLCA, FSLR, WWE, CMGThe 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,ERXhttps://youtu.be/SEVA1pxRX6g

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