Video: https://youtu.be/nYu41-ZQfMUFor a second straight day SPY broke to new highs and IWM took the lead moving 1% while at already extended levels. New sectors continue to emerge as we have added apparel stores to our watchlist. With the holiday coming up I will not aggressively trade today, though I may take a position if there is a really good setup. Defense stocks are holding pivot levels after pulling back from big runs. Premarket is flat while biotech is gapping down. FAZ and GWPH are near stop levels. LABU, X, POT, AIRG, LN, OAS, FB, NFLX, UWTI, ERX, RL, URBN, GES, BKE, EAT and EXPKey sectors I am eying for entry this week include: Biotech, steel, copper, coal, airlines and military/aerospace.Current Positions: Still holding TWLO, GWPH, FCX and FAZ. Stocks to watch in these sectors to start the week: LABU, NVDA, SOXL,AMKR, AAOI, AMD, LUV, X, FCX, AKS, GGB, SXC, ARCH, WLB, BA, LMT, GD, BEAVOf our 7 sectors to watch post election.
- 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)
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.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, GLNG, NFLX, AMZN, GOOGL, FB, AAPL, XNCR, AMBA, AMKRFocus 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/nYu41-ZQfMUPlease 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)
