Video: https://youtu.be/lPEg2GRlvDMBig day Friday as big tech sold off and we saw rotation into beaten down sectors like energy, commodities, financials, retail and biotech. Keep in mind that this was not a market selloff, but a very specific selloff in momentum areas like tech and recreation. Overall the market was strong, with IWM up .5% while Q was down 2.5%. We have not seen a day like this in a long time. We will keep a close eye on potential rotation into these areas. Today's video is an important one to watch since we analyze exactly how to play Friday's move. Watch IWM,QQQ, XLE, XLF, IBB, SMH and their relationships for market signals.On Friday I entered FAS and ERX (financials and energy) as potential rotation plays. I was stopped out of AMZN.Focus List: FB, NFLX, AMZN, GOOGL, NVDA, AAOI, AAPL, TSLA, FAS, ERX, UA, BA, POT, OAS, FCX, KSS, MCurrent Positions: Entered ERX, FAS. Stopped AMZN. Still holding X and FSLR.https://youtu.be/lPEg2GRlvDMETF List (for post fed longs and shorts analysis): SPY, IWM, QQQ, SMH, IBB, XHB, XLF, USO, XLE, EWZ, RSX, GLD, HACKPlease 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)
Market Speculator Part-Time | Swing Trade Report
Paul
Singh
•
June 12, 2017

