Video: https://youtu.be/6jSuD7YjSfM
The market finally broke out of a two week range and now looks to test the all-time high. That's they key level for the week. A break and continuation over the highs has us continue to position build. Many of our watchlist stocks have posted earnings and are ready for big runs if the market cooperates.
Big tech continues to lead, with breakouts and even breakdowns reversing, which is a good sign. This was the basis of the TSLA breakdown reversal setup entered on Friday.
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.Focus list stocks NVDA and SNAP report earnings this week.Sector Adds: SAIA, CSIQ, SEDG, SPWR, RATE, IAC, WUBA, LVS, MGMLong Focus List: FB, AMZN, GOOGL, NFLX, NVDA, SCSS, AAOI, UA, ANGI, IEX, SONS, CMG, FLSR, SODA, BA, BABA, WYNN, CRCM, MNTA, CHGG, MZOR, FIT, SQ, HIIQ, X, IPHI
Current Positions: Entered TSLA on intraday gap down reversal. Still holding AAPL, 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/6jSuD7YjSfMPlease 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)
