Video: https://youtu.be/Hajio-6Sv0g
Last Wednesday's big gap down is now completely in the rear view mirror as the market not only filled the gap but also broke to all time highs. Premarket SPY is continuing off yesterday's move. This is what strong market's do. They ignore bad news as momentary blips. I will look to add a position today if the market continues to show intraday strength.
I used market strength to enter FB yesterday and take profits in FSLR was it hit target level. I also entered X yesterday but got out quickly before the initial stop level because of the news after entry that there was a class action lawsuit (see video).
Stocks I am watching closely today include PLAY, HABT, SNAP, TSLA, ERY, FAS, RRGB and RACE.
Focus List: AMZN, X, CLF, CYBR, FAS, TTD, GWPH, NFLX, BA, SNAP, HABT, EXAS, GLYC, SGMO, FORM, Z, RACE
TUES LIST: AMZN, NFLX, LABU, SPXU, GWPH, SNAP, BABA, TTD, TSLA, FB, AAPL, SHOP, PLAY BITA, STRP, AAOI, ALNY, SQ
Current Positions: Took profits in FSLR. Entered and exited X. Added FB. Still holding GOOGL and 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/Hajio-6Sv0gPlease 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)
