Video: https://youtu.be/cDc-Cq0GZEQ
The market continued to ramp at all time highs on Friday with the Qs leading and IWM looking strong as well. However, the market is a bit extended so it's not a great time to aggressively add. We will watch for consolidation this week. IBB is waking up and oil is still getting crushed. Both sectors are potential entries if we get specific setups (see video). FANG is on fire as is the rest of big tech.
I added AMZN on Friday as it broke the key psychological $1000 level.
Current Positions: Entered AMZN. Still holding X.
ETF List (for post fed longs and shorts analysis): SPY, IWM, QQQ, SMH, IBB, XHB, XLF, USO, XLE, EWZ, RSX, GLD, HACKhttps://youtu.be/cDc-Cq0GZEQPlease 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)
