Must Watch Video: https://youtu.be/ThDW1PHbHlE (must watch for post election trading)Holy smokes what an intraday reversal! While we are slightly bullish, don't get too excited. This is a wild time and there are bound to be some wild swings. Position build slowly. We added two yesterday from 2 of our 5 key areas.
- Biotech (LABU)
- Marijuana (GWPH)
- Financials (FAS/GS)
- Russia (RUSL)
- Industrial Metals/Copper/Steel (FCX, X, STLD, MT, GGB)
Important is the relationship between SPY and IWM. SPY was up 1 percent while IWM rocketed to 3%. This means the big guys are lagging and small and mid caps are moving. We like this! Very surprising that FANG (AMZN, FB, GOOGL, NFLX) did not participate in the move. This is a clear sign of post election sector rotation into the areas discussed above.Remember to be patient. There is no need to trade the first move. That is what we did post-Brexit and it became the most profit time period of the year for us. Current positions: Added LABU and GWPH. Still holding BRZU and PYPL.Post Election In Play: IBB, LABU, GWPH, GLD, UGLD, JNUG, NUGT, DUST, JDST, FAS, VXX, XIV, GS, RUSL, YINN, X, FCX, STLD, MT, GGB, AXPFocus List: SOXL, BBD, GGB, FAS, AMKR, ULTA, RACE, AXP, NVDA, REN, SHOP, WLB, GWPH GOOGL, FB, AMZN, NFLX, CYBR, NTES, X, AKS, MT, PYPL, BRZU, AXP, AKAM, HABT, BABA, WLB, HOG, ETF List (for post fed longs and shorts analysis): SPY, IWM, QQQ, SMH, IBB, XHB, XLF, USO, XLE, EWZ, GLD, HACKhttps://youtu.be/ThDW1PHbHlEPlease 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)