Today's video: https://youtu.be/JwcdhJRzqFw
Best to stay in a holding pattern until Wednesday's Fed announcement, as is the market breaking even today while tech was down slightly. We continue to build the relative strength list, adding steel stocks AKS and X to the list.
We took profits in LABU on the big pop early in the day and now holding only 3 positions going into Wednesday.
Remember the big Fed meeting is Wednesday/Thursday. This is not a good time to add swing positions unless you plan to gamble.
Current positions: Took profits in LABU. Still holding UCO, AMBA, TWLO
ETF List (for post fed longs and shorts analysis): SPY, IWM, QQQ, SMH, IBB, XHB, XLF, USO, XLE, EWZ, GLD, HACK
We are building a relative strength list for post fed trading.
Relative Strength Stocks List: X, AKS, AAPL, BABA, WYNN, XNCR, EXEL, GPRO, FIT, AIRG, PYPL, REN, YELP, WB, DKS, SHOP
(No need for IPO or extended list as we focus on leveraged ETFs and a few select stocks for now).
Please 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: http://bullsonwallstreet.com/how-to-use-the-new-swing-trader-dashboard/
Chat With Traders Interview: http://chatwithtraders.com/ep-058-paul-singh/
February Q&A: http://bullsonwallstreet.com/swingtradingwebinarqa/
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