Video: https://youtu.be/RpsELHKtY2UNEW FOMO POST: https://blog.bullsonwallstreet.com/get-rid-trader-fomo-flip-negative-positive/It is all about energy this morning with oil gapping up 4% on more news of production cuts. Obviously this is great for our oil and energy positions. I will look to take profits today. SPY continues to show strength but is overextended, as are key sectors. The focus list to start the week included these hot stocks that we've been watching, but also added areas that are not quite extended like FANG. Tech is making a comeback which is good for the overall market.Current Positions: Still holding X (short), FCX, UCO, OAS, TWLO, AIRG, PLAY. Focus list to start week: GOOGL, NFLX, AMZN, FB, AAPL, GWPH, WLB, TWTR, AA, RSX, TLRD, TLYSFocus List: GWPH, X, AKS, FCX, POT, BA, LMT, SXC, WLB, ERX, NFLX, GS, WFC, OZARK, ZION, FAS, ARCB, SWFT, XPO, NVDA, AAOI, SOXL, AMD, TWTR, WLB, ARCHEnergy List: UCO, ERX, MRO, RIG, WLL, OAS, WPX, EPE, NBR, CRZO, REN (there are literally over 100 strong energy stocks).Stocks to watch: LABU, NVDA, SOXL,AMKR, AAOI, AMD, LUV, X, FCX, AKS, GGB, SXC, ARCH, WLB, BA, LMT, GD, UCO, ERX, REN, ARIA, ZLTQ, FB, NFLX, AAPL, GES, AKS, CLF, AMD, EXEL, SINA, AXP, https://youtu.be/RpsELHKtY2UOf our 7 sectors to watch post election.
- Biotech (LABU)
- Marijuana (GWPH)
- Financials (FAS/GS)
- Russia (RUSL)
- Industrial Metals/Copper/Steel (FCX, X, STLD, MT, GGB)
- Shipping (New) (EGLE, DSX, GLNG)
- Defense (BA, GD, LMT, BEAV, TASR)
Notice that the current market breakout looks very similar to the post-Brexit move. String sectors are extended and we could take quick counter-trend shorts on signal.ETF List (for post fed longs and shorts analysis): SPY, IWM, QQQ, SMH, IBB, XHB, XLF, USO, XLE, EWZ, GLD, HACKPlease read the Education Archive and posts 23 Laws of the Part Time Swing Trading the Market Speculator Way and How to Analyze Your Swing Trade Results It is important to know these setups and rules if you trade off the Report.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/Webinars: January: https://vimeo.com/152938272 February Q&A: https://blog.bullsonwallstreet.com/swingtradingwebinarqa/February: https://blog.bullsonwallstreet.com/pages/swing-trading-webinar-feb2016.htmlMarch: https://blog.bullsonwallstreet.com/webinar/paul-singhs-top-five-stock-picks/May: https://blog.bullsonwallstreet.com/webinar/day-swing-trading-energy-sector/June: https://blog.bullsonwallstreet.com/webinar/state-swing-trading-2016/#replayNew subscribers and trial members please leave me any feedback/comments in the comments, via email (singhjd1@aol.com) or twitter(www.twitter.com/PaulJSingh)
