Trade Report Video: https://youtu.be/wLgMjjK0tLQNice start to the week (aside from NFLX after-hours tank job) as SPY held Friday's candle, momentarily thwarting the bear's attempt to push back below the former all-time high. Our focus list stocks consists of post-Brexit relative strength stocks and we are mostly looking for pullbacks and holds of key levels. I am also watching for select parabolic short opportunities in extended stocks (see video discussion).Since I received a number of questions, in the video we talk about profit taking strategy for AMBA after today's breakout.Earnings season is under way and we will start monitoring earnings breakouts (NFLX today getting crushed)New Sectors: Homebuilders and related sectors, biotech/medical, retail, trucking/auto, radio, BRIC/Brazil and most relative strength stocks were earnings breakouts last quarter.New Add: GOOGLFocus list for the week: AMZN, BEAT, CYBR, CRS, GPRO, FCX, X, JOY, KORS, NFLX, RYI, TSLA, WLH, TWLO, YELP, Z, BRZU, AVXL, TSROPotential Parabolic Shorts: ACIA, CHRS, CUDA, GOL, HSC, KURA, OMN, REN, SPUNote: The parabolic short list is full of explosive stocks. These stocks are extended and potential shorts, but they are not setup yet. Only enter on strong reversal signal. The setup is countertrend and many of these stocks could become long setups again. Countertrend trades are risky. If traded use small position size.2016 Stats: http://bit.ly/1NFgq7C (UPDATED Saturday)Current positions: Short NUGT, Long FB, LABU, TWTR, ERX (stop 27.75-28), AMBA (stop 47.50).Indexes/Sectors: SPY, SPXL, SPXU, URE, IBB, GLD, USO, XLE, XIV, VXX, BRZU, YINN, XLF, FAShttps://youtu.be/wLgMjjK0tLQPlease 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/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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July 19, 2016

