Video: https://youtu.be/CVn6OqNvNos
The market was volatile and tested the 9ema, and IWM continued to slide after Fed day, but is gapping up this morning. If today's gap holds it's a positive for the market and we could see a test of the highs. TSLA and FB reported after the close and both are gapping down premarket, but they are note huge gap downs at this point. I will watch for potential gap down reversals plays, much like the AAPL entry from yesterday (see video).Oil was looking like a potential entry after yesterday's pop, but is gapping down big this morning.We continue with the same focus list although we are keying in on solars, trucking, internet content and casinos, while financials and oil could come into play after today.Sector Adds: SAIA, CSIQ, SEDG, SPWR, RATE, IAC, WUBA, LVS, MGMFocus List Adds to Start Week (some post earnings breakouts): WYNN, SCSS, EXAS, DWCH, MCD, NFLX, UA, CYBR, XLong 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: Entered AAPL on intraday gap down reversal. 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, HACKhttps://youtu.be/CVn6OqNvNosPlease 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)