Today's Video: https://youtu.be/Jy8smm2xeJcSPY was up 5% yesterday and is sitting just under that key 50dma resistance level. A break of the moving average moves us from market neutral to slightly bullish. While being neutral, I added to positions yesterday: UCO and BRZU. Oil broke out hard yesterday on heavy volume on news that OPEC will tighten supply for the first time in years. This could be the catalyst for oil. Brazil continues to show relative strength and a better pattern than SPY.I took profits in TWLO as it hit out target level. Pay attention to today's video discussion on handling volatile stocks.The focus list remains the same.New focus list additions: ETSY, TWTR, EATToday's List: X, SOXL, ACIA, BRZU, FIT, GPRO, SHOP, BABA, AIRGFocus List: LABU, SOXL, XVV, SPXL, ERX, FAS, UCO, EWZ, NFLX, X, AKS, PYPL, AAPL, FB, AMZN, FIT, WYNN, AIRGETF List (for post fed longs and shorts analysis): SPY, IWM, QQQ, SMH, IBB, XHB, XLF, USO, XLE, EWZ, GLD, HACKCurrent Positions: Took profits in TWLO. Added UCO and BRZU. Holding LABU, FIT, AMBA (stop around $62).https://youtu.be/Jy8smm2xeJcPlease 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
•
September 29, 2016

