Video: https://youtu.be/mLtvPZCa7r8The market put in a healthy inside day while semis breakout and shipping went wild. I added oil ETF UWTI as planned post oil inventories. It was announced in the evening that UWTI will be delisted December 12th. This should not impact UWTI much as it tracks USO, though I will watch closely to make sure that's the case. Oil is gapping up over 1.5% this morning.I have added coal stocks WLB and SXC to the watchlist as this sector and our steel stocks begin to consolidate after the initial run.Of our 7 sectors to watch post election, all continue to show strength except Russia.
- Biotech (LABU)
- Marijuana (GWPH)
- Financials (FAS/GS)
- Russia (RUSL)
- Industrial Metals/Copper/Steel (FCX, X, STLD, MT, GGB)
- Shipping (New) (EGLE, DSX, GLNG)
- Defense (BA, GD, LMT, BEAV, TASR)
Current positions: Entered UWTI. Still holding TWLO, GWPH and FAZ.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.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. Post Election In Play: WLB, SXC, 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, NVDA, BA, GD, LMT, BEAV, TASR, EGLE, DSX, GLNGFocus 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/mLtvPZCa7r8Please 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)
