Vid: https://youtu.be/QuwDuMafNj4
*How to use new site*: https://youtu.be/DwVI21S9cb8
The market is pulling back off highs and testing the 9ema. This, along with the old highs, are key levels that we’d like to see hold. Overall market breadth is improving, as evidenced by the T2108 indicator, although we would like to see more improvement out of small caps. The focus list remains the same with some new additions. Current positions ROKU, LULU and BRZU were on fire yesterday, while AAPL pulled back on an analyst downgrade and KSS was flat.
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Focus List: FANG stocks, SNAP, DIS, CYBR, MDB, TWLO, TME, HUYA, BABA, SGMS, M, X, LOW, HD, FSLR, HUYA, ISRG, PYPL, MA, ULTA, UA, OKTA, KBH, COST
Key long leveraged ETFs (if reversal): TQQQ, TNA, LABU, ERX, SOXL, FAS, BRZU, NAIL, YINN
Potential short plays: SQQQ, TZA, SPXS, FAZ, LABD, SOXS, YANG, PAYC, SHAK, ILMN, SBUX
Current Positions: Holding ROKU, BRZU, AAPL, LULU, KSS
Today’s video: