Video: https://youtu.be/RLzNiXLk8MIAfter a strong start to the year the market is pulling back premarket, down .3-.5%. Key levels to watch are the 9ema and old highs. We want to see stregnth as the market pulls back to these key levels. If the market reverses premarket moves I will likely enter a long positions. If it continues or holds premarket levels, I may add another short position in an extended stocks like NVDA, NFLX , AMZN or a retail stocks.Yesterday I added short FCX and long LABU (see video for entry and setup discussion). ROKU is nearing stop level. SQ is 4 points above entry and I have moved stop to entry level to make this a "free trade".Focus List: BABA, NFLX, FB, AMZN, GOOGL, YELP, BRZU, X, OLED, NVDA, RH, FAS, TWTR, RL, RACE, FCX, WYNN, TSLA, URBN, LULU, OSTKMetals/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: Added LABU long and FCX short.. Still holding SQ and ROKU.
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)
