Video: https://youtu.be/PtJVzxSVfjAThe market put in an ugly intraday reversal after looking like it was breaking out earlier in the day. This reversal came on heavy volume which is not a good sign. Sectors like financials, biotech, big tech and energy all are putting in pullback patterns. We are watching today and tomorrow for follow through. If there is follow through, I will look to short off the new shorts focus list. If the market resumes trend we go back to the normal focus list. Potential shorts (see video and note that FAZ and LABD are inverse ETFS to go long): AMZN, FB, GOOGL, NFLX, OAS, SNAP, FAZ, LABD, XNew Energy Watch: REN, OAS, WLL, EMES, ERX, CHKToday's list: FB, AMZN, GOOGL, NFLX, TSLA, AAPL, ETSY, FIT, UA, ACIA, SNAP, OAS, SM, EMES, LABU, TOL, DHI, AAOI, AMD, WYNN, PNRA, ESPR, WIX, OMER, SODA, PUMP, WLBCurrent Positions: Still holding TTD, TZA. Stopped out UVXYETF List (for post fed longs and shorts analysis): SPY, IWM, QQQ, SMH, IBB, XHB, XLF, USO, XLE, EWZ, RSX, GLD, HACKhttps://youtu.be/PtJVzxSVfjAPlease 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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April 6, 2017

