Welcome to this week’s swing trade report! Every other week on Saturday I will be publishing one of my daily swing trade reports I do for members for free on the Bulls on Wall Street blog.
The rotation into tech continues as QQQ nears all-time highs. In today’s video, we compare QQQ to pure technology ETF XLK (QQQ contains non-tech stocks) to show that strength in tech is even stronger than it seems. Even lagging software is making a comeback.
Outside of tech, retail, housing and financials are strong. I am sticking to taking profits at targets and took profits in AAPL today. I still like the stock. Stocks in play include KBH, TOL, LGIH, RL, KSS, ULTA, SIG, GPS, UA, URBN, BKE, ZUMZ, DASH, MGM, WYNN, CCL, LUV, SAVE, ROKU, SHOP, TWLO, SNAP, CRWD, NFLX, TSLA, RIOT, MRNA.
Check this week’s report video below:
Beaten downs ETFs to Follow
JETS, PEJ, BJK, XRT, XHB, MJ, XAR, DBB.
Beaten Down Stocks
UAL, LUV, SAVE, JBLU, WYNN, PENN, LVS, MGM, SHAK, EAT, CAKE, CMG, HLT, MAR, CGC, RCL, CCL, BBBY, SHAK, KSS, M, WOR, X, CLF, FCX, SIG, CMG, DKS, LULU
Big Tech
FB, AMZN, GOOGL, AAPL, TSLA, DIS, TWTR, MSFT, AMD, CRM
ETF’s to Monitor
SPY, IWM, QQQ, GLD, GDX, TLT, UVXY, EWZ, FXI, RSX, USO, XLE, XLF, SMH, IGV, XCC, XHB, XAR, MJ, XLV, XBI, IBB, CLOU, SKYY
This Week’s Trades
Took Profits in $AAPL
Took Profits in $SBUX
Stop Out $TLRY
Took Profits in $PINS
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