Video: https://youtu.be/m9AcLyUGiigThe market is on a tear to start the year with SPY and QQQ hitting all time highs and IWM near those levels. Tech has taken the lead with hot sectors commodities and retail starting to show signs of slowing down a bit. I used the strength to take profits in ROKU and NFLX as both hit profit targets. I also added SQ and TSLA. TSLA is gapping down. I will use the gap down strategy in the morning to see if the lows of the day hold. If they do not I will exit (see video for gap down strategy).New Focus ListAdds: OSTK, NFLX, ERXIn play today: BABA, FB, LABU, BKE, URBN, KSS, DO, UWT, TSLA, NVDAFocus 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: Took profits in NFLX and ROKU. Added SQ and TSLA. Still holding 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)
