Video: https://youtu.be/1njoZd-eIngThe post election reaction was strong last week, not only getting back into our key trading range, but putting in strong breakout volume an nearing all-time high breakout levels. Even more impressive is the lead small and mid-caps have taken. Sector rotation is in play as money moves out of big tech (FANG are getting crushed), while our four out of five of our key sectors remain strong (Russia is lagging).
- Biotech (LABU)
- Marijuana (GWPH)
- Financials (FAS/GS)
- Russia (RUSL)
- Industrial Metals/Copper/Steel (FCX, X, STLD, MT, GGB)
Notice that the current market breakout looks very similar to the post-Brexit move. String sectors are extended and we could take quick counter-trend shorts on signal.I added NVDA (earnings breakout, BBD (Bank) and AIRG (IPO) to our watchlist.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: Stopped out PYPL. Still holding LABU and GWPH.Post Election In Play: IBB, LABU, GWPH, GLD, UGLD, JNUG, NUGT, DUST, JDST, FAS, VXX, XIV, GS, RUSL, YINN, X, FCX, STLD, MT, GGB, AXP, AIRG, BBD, POT, MOS, BBD, NVDAFocus 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/1njoZd-eIngPlease 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)
