Trade Report Video: https://youtu.be/YWpoO6ZcL84Yesterday the market consolidated and today premarket not much is going on as we are slightly in the green. The open gap above at $197.67 is a key level and if SPY reaches this level we will watch to see if the market pulls back at this level or holds it. This is where my stop is for the SPY short (SPXU) and if this level is hit and I get stopped out, I will likely reverse course if the close is above that level.I am stalking UA and CMG for good entries. NBIX, RARE and VA have been added to the relative strength watch list.I am still holding GOOGLE and AMZN, both holding their 50 dma. In the video I talked about your decision for stop placement on these positions.Possible Shorts: UPRO, TSLA, FOLD, PTRA, CYBRFocus List: UPRO, USO, GLD, IBB, XLE, X, FCX, NFLX, GOOGL, AAPL, TSLA, HRTX, UA, CMG, AMZN, NBIX, RARE, VA, MNST, MBLYRemember to stay patient and that CASH is a position.https://youtu.be/YWpoO6ZcL84
Market Speculator Part-Time | Swing Trade Report
Paul
Singh
•
September 3, 2015

