Video: https://youtu.be/5wY9QYuWfk0SPY continues to show strength after Monday's intraday breakdown, remounting the 50ma yesterday and today getting up over the 9ema. It's interesting that while today SPY was only up .11%, versus yesterday's .75%, today's move was more broad based with lagging sectors like energy and retail participating. The next major level to remount is last week's breakdown candle. If that is taken out then the potential bearish move is invalidated.I took profits in AMZN and was stopped out of SNAP. I also added UWT and TTD (see video for trade analysis). Oil showed strength after the inventories report and remounted the 9ema. TTD continues the trend pullback bounce off the 50ma.Today's list: FB, AMZN, NFLX, FIT, UA, BABA, OAS, SM, LABU, WYNN, SNAPMonday's Focus List: LABD, FAZ, X, NFLX, AAPL, SPXU, JNUG, AAOI, TTD, TOL, DHI, LABU, BABA, HABT, ETSY, GPRO, ACIA, CNCECurrent Positions: Took profits in AMZN and stopped out SNAP. Added TTD and UWT. Still holding NVDA, TZA, and UVXY. ETF List (for post fed longs and shorts analysis): SPY, IWM, QQQ, SMH, IBB, XHB, XLF, USO, XLE, EWZ, RSX, GLD, HACKhttps://youtu.be/5wY9QYuWfk0Please read the Education Archive and posts 23 Laws of the Part Time Swing Trading the Market Speculator WayHow 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/29 Essential Trading Posts For 2016: https://blog.bullsonwallstreet.com/29-essential-swing-trading-posts-2016/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)SPY is healthy holding the key 9ema heading into tomorrow's fed meeting and is pulling back slightly pre-market. While we have a few stocks setting up, I will not likely take on any positions until the fed is in the rearview mirror. I continue to watch biotech for potential entry and possible rubber band bounce plays in oil and gold miners.Stay patient until Wednesday.I will likely not add positions going into the meeting. If looking to trade, I've added some low float "junk" that's not as impacted by market news events to the focus list.Focus List: LJPC, CALA, DHI, LEN, TOL, SNAP, GOOGL, FB, X, BABA, GWPH, JNUG, ETSY, CYBR, LABU, YELP, PANWPotential shorts: SPXU (inverse), TZA (inverse), FAZ (inverse), UVXY (to go long VIX), BA, X, AKS, MT, NVDA, LABA/LABD, AMD, POT, MOS, AAOI, COHR, AAPL, CNCECurrent Positions: Short NVDA, long FAZ. Still holding AMZN, NFLX, TZA, TSLA.ETF List (for post fed longs and shorts analysis): SPY, IWM, QQQ, SMH, IBB, XHB, XLF, USO, XLE, EWZ, RSX, GLD, HACKhttps://youtu.be/eeyjPbGgAmcPlease read the Education Archive and posts 23 Laws of the Part Time Swing Trading the Market Speculator WayHow 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/29 Essential Trading Posts For 2016: https://blog.bullsonwallstreet.com/29-essential-swing-trading-posts-2016/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)
Market Speculator Part-Time | Swing Trade Report
Paul
Singh
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March 29, 2017

