Video: https://youtu.be/id8DIB7L1co
Another day of bounce heading toward the initial breaks own gap fill at SPY $140.0. If we break that level the entire Wednesday breakdown is negated. This is playing out similar to the pst Brexit move last summer. I would not be surprised to see some consolidation around $240 before a breakout.
AMZN and GOOGL look strong near all-time highs with round number $1000 around the corner. I will likely enter one of these today. Other strong stocks on today's focus list include HABT, TTD, AAOI, BA, CTRP, BITA and SNAP.
This week the key level is the "gap fill" range. If SPY fills the gap it could setup a big run.
The focus list remains the same with 5 new additions including 2 new China plays as China stocks continue to move.
Today's LIST: AMZN, NFLX, LABU, SPXU, GWPH, SNAP, BABA, TTD, TSLA, FB, AAPL, SHOP, PLAY BITA, STRP, AAOI, ALNY, SQ
Current Positions: Still holding FSLR, LABU and MZOR.
ETF List (for post fed longs and shorts analysis): SPY, IWM, QQQ, SMH, IBB, XHB, XLF, USO, XLE, EWZ, RSX, GLD, HACKhttps://youtu.be/id8DIB7L1coPlease 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)
