Market Speculator Part-Time & Swing Trade Report

Today's report is in video format with written summary. I am under the weather and can't sit at the screen for extended periods. Thank you for your patience.A short summary of the video:While SPY did not get hit hard and barely closed below the $199 old high, it is still in the midst of rolling over. IWM and QQQ got hit hard with momentum stocks getting hit hard today across the board--hardly any were spared and many gave up a month of gains in one day (YY, YELP, TSLA to name a few).The best bet right now is to be patient, manage the index short and wait for a clear trend or bounce levels. If you must trade, keep risk small and use tight stops. Focus list stocks like PNRA, VRNS, LULU and BIDU have decent entries for swings.In the coming days, momentum stocks will setup as short or longs depending on price action. If there are weak bounces to resistance level ranges, those would setup as shorts. Move down to support ranges would setup low risk bounce plays. This applies to stocks like YY, YELP, TSLA, SCTY, NFLX, FB.I will send a list with entry areas tomorrow morning. The video is 8 minutes.