Trade Report Video: https://youtu.be/g139iBapSQgBig move down yesterday as SPY continues out of the bear flag. We are now close to the August 24 close and on our way to the lows of that day. Premarket set to bounce slightly. We will reassess intraday and near the close to see if action should be taken. Oil is currently up 1.5% premarket which helps our UWTI position.Keep an eye on Biotech which is extremely oversold. Rubber band bounce plays are setting up, though we should wait for clues for entry.I was stopped out of TSLA yesterday and still holding GOOGL, AMZN, UWTI, SPXU (SPY short) and CYBR (short).The focus list was hit hard and while the list is up, there are no good long entries at the moment. That could change if we get a strong bounce.Focus List: FNFN, ACHN, DXCM, ORLY, STMP, HELE, RH, FB, VA, ULTA, UA, CMG, BWLD, AMZN, GOOGL, SHOP, SHAKOf Interest: NFLX, GPRO, TSLA, FITPossible Shorts: AMBA, MNST, SCTY, VEEV, GWPH, MBLY (and lots of biotech stocks)Biotechs: BLUE, KITE, INSY, JUNO, SGEN, SCMP, VTAE, CLVS, PBYI, NBIX, PRTA, ALSKIndexes/Sectors: SPY, SPXL, SPXU, IBB, GLD, USO, XLE, XIV, VXXRemember to stay patient and that CASH is a position.https://youtu.be/g139iBapSQgPlease 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)
Market Speculator Part-Time | Swing Trade Report
Paul
Singh
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September 29, 2015

