Video: No video for Monday. Post-market I will post the detailed analysis of new emerging sectors and earnings breakouts
The market pulled back as it tested all-time highs, with IWM getting hit hard and QQQ closing green. This week it's all about the all-time high break. A break setups up a new market run after a 2 month consolidation. If Friday's high rejection leads to consolidaton, I will focus on stocks moving outside the market like post earnings breakouts and breakdowns. After booking some profits last week I am holding no new 2017 positions. I will look to slowly build as the market reveals itself. Some of the focus list stocks "higher" on my list to start the week include NFLX, GOOGL, AMZN, LABU, UWT, BA, WIX, SCSS, UA and DWCH.The focus list analysis remains the same heading into the new week. I have added a list of stocks that are forming patterns post earnings breakout. These are the types of stocks I will look to pre-market breakout.I am also watching biotech and oil closely.Biotech broke the 50ma last week and is holding this level. I am watching for pullback and hold or recent high breakout.
Oil is putting in a potential higher low off a "W" pattern. UWT is on watch.
Focus List Adds to Start Week (some post earnings breakouts): WYNN, SCSS, EXAS, DWCH, MCD, NFLX, UA, CYBR, X
Long Focus List: WYNN, FB, ETSY, SNAP, AAPL, BABA, SODA, WIX, TSLA, CMG, GOOGL, FSLR, NFLX, WIX, BA, TWLO, RACE, GWPH, AAOI, NVDAPotential runner shorts: IEX, ISRG
Current Positions: Still holding TZA hedge.
ETF List (for post fed longs and shorts analysis): SPY, IWM, QQQ, SMH, IBB, XHB, XLF, USO, XLE, EWZ, RSX, GLD, HACKPlease 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)
