Trade Report Video: https://youtu.be/NXmf-mmt2E8Friday we got a continuation of Friday's reversal and an uptick in volume, which is a concern for this market. On top of that, gold broke out which could indicate a short term flight to safety. This is why we have been lightening up on positions. I will not get aggressively long again until SPY breaks up over the 9ema (see video).Gold miners have gone parabolic and a potential JNUG short is in play (see video for strategy). This is an aggressive play and must be monitored closely. Potential longs include earnings breakouts EDU, MANH, FCX, GOOGL, NFLX.Keep in mind that post fed and news often price takes a few days to shake out. Here is what I wrote on Twitter Thursday night:
Updated 2016 Stats: http://bit.ly/1NFgq7CStill holding X, UCO, FCX, VMI, GWPH, LABU, WLH, DZZ .Earnings Breakouts list (see video): HAS, TTS, EDU, BMI, ADPT, VMW, MANH, UA, VMI, NGL, NSC, AMD, STI, PACB, SKX, BLMN, CYNO, TEN, CPLAToday's stocks: APEI, ERX, UWTI, BRZU, NUGT, X, WYNN, TSLA, LULU, UA, VMW, PACBFocus list:AHGP,SXC,WLB,APEI,ERX,KORS,WYNN,CYBR,TSLA,BABA,GWPH,TOL,DHI,WLH,MHO,BRZU,FCX,JOY,X,WYNN,OAS,WLL,EPE,LULU,CTRP,CPXX,VCELIndexes/Sectors: SPY, SPXL, SPXU, URE, IBB, GLD, USO, XLE, XIV, VXX, BRZU, YINN, XLF, FAShttps://youtu.be/NXmf-mmt2E8Please 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.How To Use Swing Dashboard: https://blog.bullsonwallstreet.com/how-to-use-the-new-swing-trader-dashboard/Chat With Traders Interview: http://chatwithtraders.com/ep-058-paul-singh/Member Only Webinar Recording: https://vimeo.com/152938272New subscribers and trial members please leave me any feedback/comments in the comments, via email (singhjd1@aol.com) or twitter(twitter.com/PaulJSingh)
