Video https://youtu.be/Z2gQiA2rVbwThe market pulled back another 1% and is now under the key 50ma and 9ema. QQQ, which is showing relative strength, is above those levels but pulling back hard from testing all time highs. As expected, February was a weak month (the first in the last 11 to be red). This is in line with the historical seasonality we talked about as the month began, and why we exercised caution. March tends to be a strong month, so we'll keep an eye on a decent market run.Until the market shows strength, we remain passive in our approach.I was stopped out of UWT and near stop level in LABU, which is close to break even.The focus list remains the same with most stocks pulling back with the market, although retail department stores M, JCP and KSS showed relative strength yesterday.Keep an eye on volume patterns. At this point the volume pattern is very strong, with upside volume stronger than the volume on the selloff. While we are only half way back from the high, this is an encouraging sign.Focus List in Play: BA, NFLX, X, KSS, URBN, RL, BABA, RACE, NVDA, TSLA, TWTR, FASFocus List: NFLX, NVDA, ROKU, MNST, GWPH, TWTR, SNAP, LULU, BKE, URBN, KSS, BIDU, BABA, SEDG, SFLY, UWT, BRZU, X, FCX, FAS, TWLO, TSLA, BACurrent Positions: Added NFLX. Still holding LABU, WBAI short and UWT long.
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