Market Speculator Part-Time | Swing Trade Report

Paul
Singh
October 6, 2015
How to trade stocksbows-opengraphTrading-Watch-List

Trade Report Video: https://youtu.be/6LJf0wYZ2wEThe market gapped into resistance to start the week, giving us 5 strong days in a row. Probabilities tell us that a sixth up day is unlikely. The expectation is a consolidation or pullback day today that might setup some decent long entries.Keep an eye on the open gap just above us that also is near the 50 dma, and the open gap below that formed yesterday. How SPY handles these gaps will be telling for the rest of the week.Biotech lagged the market yesterday, which could be a start of the next leg down (see video).I am on the lookout to add a long position or two from the focus list and sector ETFs INFL, BRZU and YINN.Premarket action is flat while oil us up around 1 percent.Took profits INDL. Still holding GOOGL, AMZN, UWTI, SPXU (SPY short) and CYBR (short).Stocks to key on today as they are setting up: WYNN, SHOP, FCX, UA, BWLD, NFLX, BRZU, FIT, SINA, CHINA, JBLU, TWTRBiotechs: BLUE, KITE, INSY, JUNO, SGEN, SCMP, VTAE, CLVS, PBYI, NBIX, PRTA, ALSKIndexes/Sectors: SPY, SPXL, SPXU, IBB, GLD, USO, XLE, XIV, VXX, BRZU, YINNRemember to stay patient and that CASH is a position.https://youtu.be/6LJf0wYZ2wEPlease 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)

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