Video: https://youtu.be/DwqEJFZ1IoUHappy New Year!Friday ended the year on a sour note with indexes breaking below key support levels on heavy volume, and many strong stocks and sectors putting in reversal candles. Normally this would be an indication to put on one or two shorts, but we are going to hold off since it was the last day of the year and could have been year end profit taking.Leading sectors commodities and retail are very extended and could be ready for a pullback. I have created a separate list for them. These could be longs or shorts depending on price action (see video). While I do expect strong moves in these areas for 2018, for now we could get quickie "runner" short trades out of them.Focus List: OLED, DO, KSS, MDGL, MNST, BIDU, BABA, NFLX, TSLA, BRZU, UWT, TWTRMetals/Commodities and Retail list (long or short): FCX, CENX, AA, ARCH, BTU, FCX, X, JNUG, NUGT, KALU, ANF, EXP, AEO, ROST, GPS, URBN, RACE, LULUCurrent Positions: Still holding NFLX, ROKU and FSLR.
Please 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: https://blog.bullsonwallstreet.com/29-essential-swing-trading-posts-2016/New subscribers and trial members please leave me any feedback/comments in the comments, via email (singhjd1@aol.com) or twitter(www.twitter.com/PaulJSingh)
