Market Speculator Part-Time | Swing Trade Report

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The market is resting near the week’s highs, consolidating gains at extended levels. This has been a constructive week for the market as we now look for consolidation and a retest of all time highs. We added TNA as it broke it’s strong multiple resistance levels. We are also off to a decent start to earnings season. If that continues it will be helpful for the continued improvement of small caps. Keep an eye out on industries that most impact IWM.

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Focus List: FAANG, NAIL, TSLA, SBUX, BA, UA, SKX, MDV, VEEV, COUP, SGMS, BZH, LGIH, X, FCX

Key long leveraged ETFs (if reversal):  TQQQ, TNA, LABU, ERX, SOXL, FAS, BRZU, NAIL, YINN

Current Positions: Added TNA. Still holding BIDU, NVDA and DIS.

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