Video: https://youtu.be/KE8xH16e-tcThe debate: Was today's price action bullish or bearish? At first glance it looks bearish, especially when influenced by the geopolitical news and Asia's price reaction. Furthermore, the indexes were read and breadth showed most stocks red as well. However, technically the price action is a positive. Both SPY and QQQ held up well compared to Asia, and close way off the lows while remounting key levels. That being said, caution is a must in this market. No matter what price action tells us, we can not predict what governments and world leaders will do or say right now. Thus, no big bets. In fact, staying out of the market and waiting for the right time to pounce is not a bad choice. Those choosing to trade overnight positions should make sure to position small and wise.New stocks to watch: UVXY, ERX, JUNO, SNAP, LL, YINN/YANG.Focus List: CENX, FCX, X, CLF, ARCH, WYNN, LABU, YINN, BRZU, SEDG, RDFN, YELP, LL, NVDA, TSLA, BABA, BIDU, WUBA, SINA, JNUG.Current Positions: Stopped out WTW. Still holding NFLX, RACE, FSLR and FB.https://youtu.be/KE8xH16e-tcETF 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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September 6, 2017

