Trade Report Video: https://youtu.be/p_jTPgiZ65MAnother day with all three major indexes holding the 9 but not yet breaking out. I continue to look for pullbacks that form pivots that indicate resumption of trend for longs and extended stocks for shorts.I took profits in UCO and NUGT which pushed the account above 50% year to date versus 8% for SPY. See updated stats here: bit.ly/1NFgq7CMany earnings breakout stocks look ready to put in pivots after consolidation or pullbacks. We now look for strength for entry, indicating pullback pivots and resumption of trend.Current positions: Took profits in UCO and NUGT. Still holding NFLX, BWLD, REN (short), UGLD.Adds to focus list: ICE, JACK, WMGI, CSTE, EAT, BABA, SSRI, YELP, IMAXFOCUS LIST: EXEL, FIT, GPRO, GRMN, LABU, ERX, TUP, TWTR, ZLTQ, FB, GOOGL, YRD, XNCR, X, NTES, OASExtended stocks: REN, MPET, CWEI, MIME, HWAY, XONE, AVID, KTOS, SINA, AMKR, BID, GRPN, GOGO, ADXS, YRDIPO LIST: TWLO, ACIO,LN, YRDAlso watching the earnings breakout list.https://youtu.be/p_jTPgiZ65MIndexes/Sectors: SPY, SPXL, SPXU, URE, IBB, GLD, USO, XLE, XIV, VXX, BRZU, YINN, XLF, FAS, JNUG, NUGT, LABU, UGLD, EDCNote: The parabolic short and regular short list is full of explosive stocks. These stocks are extended and potential shorts, but they are not setup yet. Enter only 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.Please 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/Webinars: January: https://vimeo.com/152938272 February Q&A: https://blog.bullsonwallstreet.com/swingtradingwebinarqa/February: https://blog.bullsonwallstreet.com/pages/swing-trading-webinar-feb2016.htmlMarch: https://blog.bullsonwallstreet.com/webinar/paul-singhs-top-five-stock-picks/May: https://blog.bullsonwallstreet.com/webinar/day-swing-trading-energy-sector/June: https://blog.bullsonwallstreet.com/webinar/state-swing-trading-2016/#replayNew subscribers and trial members please leave me any feedback/comments in the comments, via email (singhjd1@aol.com) or twitter(www.twitter.com/PaulJSingh)
Market Speculator Part-Time | Swing Trade Report
Paul
Singh
•
August 19, 2016

