Video: https://youtu.be/Cd3SF_2eOyMWhile the market still fails to pullback, were are seeing signs of slowing down and diverging market breadth (see video). For the reason I added the LULU short play and took a small position in UVXY. Remember the UVXY play, while long, works if the market pulls back. (that's when VIX tends to spike).The swing portfolio now has two shorts and a VIX play, so I would like to balance it with a long. Potential longs include breakouts stocks, along with biotech, retail and FANG stocks.Keep an eye on current premarket levels. If these levels fail it's again a sign of weakness heading into the weekend.Focus List: ROKU, CVX, DO, ERX, HAL, ESIO, RIOT, FSLR, BKE, UA, X, FCX, NVDA, JNUG, UWT, FAS, ERX, URBN, MNST, LULU, RH, SQ, ESIO, BABA, TSLA, NFLX, LABU, FB, RACE, YINN, BRZUMetals/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: Stopped out KBH. Added LULU short and long UVXY. Holding SQQQ and RACE short.
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)
