Video: https://youtu.be/KCNcF-UuyfYMentorship Recordings : https://blog.bullsonwallstreet.com/swingmentorship/The market was hit hard yesterday as SPY bounce failed at the 9ema and QQQ dipped below that level down almost 1%. The only area that looked good was retail, with out KSS position actually green on a pretty negative day. I took profits in AAXN as it hit target levels just before the market reversed. LABU put in a reversal candle which got me out of the trade with a very small win. I added IQ short, which is a speculative short in an overheated market putting in reversal candles. If you take trades like this make sure to position size small and risk little. This is a low risk/high reward setup.Oil and energy are popping big time this morning. If I do anything this morning, it will be in this space so keep UWT and ERX on your radar. The only way I add stocks in other areas is if SPY and QQQ reverse and continue off the green in premarket levels.Today's Focus: UWT, ERX, BKE, FB, NFLX, AMZNIPO LIST: ROKU, HUYA, SPOT, IQ, SHOP, DBX, APRN, BILI, NTNX, BRUB, AAXN, OKTA, SNAPFocus List: TQQQ, FANG stocks, ROKU, TSLA, SQ, SGMS, NVDA, GWPH, CYBR, SHAK, LULU, KSS, URBN, UA, SNAP, IQ, HUYA, TWTRCurrent Positions: Took profits in AAXN. Took small profit in LABU. Added IQ short. . Still holding BIDU and LABU.
Please read the Education Archive and posts 23 Laws of the Part Time Swing Trading the Market Speculator Wayhttps://blog.bullsonwallstreet.com/23-laws-part-time-swing-trading-market-speculator-way/How 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)
