Today's Video: https://youtu.be/ncG_ORf-6pUSpy pullback back hard down 1.26 percent. While it's still in the $212.30-217 range, it did test the bottom of the support range and broke a small trend line. This has us potentially thinking about shorts. I have added a "potential shorts" watchlist, which is basically strong momentum stocks breaking or ready to break their 9EMAs, along with a few weak stocks. I still am not ready to go aggressive in either direction until there is a trend break, but could add 1 position today.IBB is beaten down and could be a decent bounce play on strength. Semiconductors and Gold miners are ready to break down below moving averages. Inverse ETFs SOXS and DUST/JDST are in play.Current Positions: UWTI with a stop in the $27.50-.75 range. I am still short X.Remember the shorts watchlist becomes longs again if the market reverses:Potential Shorts: AMBA, BABA, XONE, TSLA, NTES, BRZU, AMZN, AMKR, GPRO, YELP, WB, NFLXLONGS FROM YESTERDAY IF MARKET REVERSES BACK UP:New Focus list adds: GOOGL, FB, NFLX, TSRO, NTES. IPOs TWLO and ACIA broke down below key moving averages.Focus List: AIRG, TWLO, ACIA, LN, LABU, SOXL, ERX, USO, AMBA, GPRO, RL, CRUS, YRD, REN, JNUG, NUGT, NFLXETF List (for post fed longs and shorts analysis): SPY, IWM, QQQ, SMH, IBB, XHB, XLF, USO, XLE, EWZ, GLD, HACKhttps://youtu.be/ncG_ORf-6pUPlease 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
•
October 12, 2016

