Paul Singh Quick Summary: Lots of meaningless bounces or holding the line today. We continue to watch the 5 categories of stocks and sit on our hands for the most part, occasionally taking a stab at a position. I added BWLD today. The Market Key SPY Pivot Levels: 198.20 : new high resistance, 195.52 20 dma, 191.84: 50 …
Here are the stocks that fit each of the categories we are watching over the coming days. Click on symbols for charts. There are a lot of stocks, more than what would be on a normal focus list. These are being monitored, so we are not necessarily looking for entries yet. 1) get extremely oversold …
Let’s go off script today. This discussion is based off the webinar and emails that I have received. First let’s talk about losses. Embrace Small Losses Some of you are having a hard time dealing with losses. To become a successful trader, you MUST be able to deal with losses. This is not exclusive to …
Quick Summary: While the market pullback was small, many momo stocks were hit hard. We watch for a deeper pullback. GS and FUEL removed from focus list. AAPL negative divergence setup. Comment on taking small shots. Today’s trades: TSLA, BWLD and FANG. The Market Key Pivot Levels: 198.20 : new high resistance, 195.16 20 dma, 191.18: …
Quick Summary: Totally revamped watchlist with many new stocks. Focus list stocks to start the week: FB, BKS, BWLD, GS, MELI, WLT, XOM, GWPH, FUEL, FANG. I am still holding DUG and MUSA. SPY short in the 199-200 range. The Market Key Pivot Levels: 198.20 : new high resistance, 195.16 20 dma, 191.18: 50 dma and …
Quick Summary: Note: Tomorrow is a half day and Friday the market is closed. This is the last report until the Report for Monday, which will come sometime before Monday morning. I do not plan to trade tomorrow, so there will likely be no alerts. I will have my stops in place for DUG and …