Video: https://youtu.be/_U55gu88ArMEvening Report: News of the N. Korea missile launch has futures on edge this evening and VIX popping up 7%. However, at this point it's not a significant down move with the indexes down only around .5%. That's a garden variety down day. At this point it's tough to predict what he market will do. It could easily reverse trend and ignore the news, or drop like a rock. Thus we prepare with a narrow list of trading vehicles and plans for each possibility.If the market tanks early or later in the day, the go to move will be putting on a UVXY trade (or VXX for only double leverage) and managing current positions as they hit stops. In inverse ETF like SQQQ or LABD are also possibilities.If the market ignores the news, it's business as usual and we keep to our focus list, especially LABU, SNAP, FCX, BRZU and China stocks.That's it. Simple plans for each possibility. Best not to over trade during this period--that's when traders get crushed.Current Positions: Still holding WTW, RACE, FSLR and FB.https://youtu.be/_U55gu88ArMETF 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
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August 29, 2017

