Video: https://youtu.be/w7yXwRwp03w
Nice bounce yesterday with the market receiving half it's Wednesday breakdown. More important, many of the big momentum stocks and biotech completely recovered Wednesday's gains. This is the reason I got aggressive at the close and entered 3 reversal plays (NVDA, LABU, FSLR) after taking MZOR intraday. We still need SPY to complete the reversal before getting more aggressive and will watch these levels closely over the next few days.
Oil is popping premarket and the market is up around .25%. New entry NVDA is already at target level and I will look to take profits near the open.
Today's LIST: AMZN, NFLX, LABU, SPXU, GWPH, SNAP, BABA, TTD, TSLA, FB, AAPL, SHOP, PLAY
Long Focus List: AAPL, NVDA, AMZN, GOOGL, NFLX, BABA, MZOR, SNAP, TTD, LABU, PLAY, EXAS, GIMO, WING, WYNN, RACE, Z, OLED, XENT, HIIQ, AAOI, HLF, TOL, DHI, LEN
Current Positions: Took profits in NVDA short and UWT. Added RRGB breakout play. Stopped out X, FB, LABU.
ETF List (for post fed longs and shorts analysis): SPY, IWM, QQQ, SMH, IBB, XHB, XLF, USO, XLE, EWZ, RSX, GLD, HACKhttps://youtu.be/w7yXwRwp03wPlease 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)
