Video: https://screencast-o-matic.com/watch/cYQDFYJzR1
The “beaten downs” are showing relative strength today while tech lags right at support levels. Airlines, financials, hotels, gambling/casinos, metals, energy, retail and housing are all leading with many potential entries in play. With six current positions in play it’s tough to add, but there are a number of stocks I’d like to take entries. Stocks in play include FAS, LUV, UAL, USO, XLE, LGIH, NAIL, TOL, LEN, KSS, LB, ULTA, MAR, FSLR, CLF, STLD, BEKE, GOGO, SNOW
Potential shorts list: AMZN, SHOP, TTD, STMP, TDOC, WIX, NFLX
Beaten downs ETFs to follow: JETS, PEJ, BJK, XRT, XHB, MJ, XAR, DBB.
Big tech: FB, AMZN, GOOGL, AAPL, TSLA, DIS, TWTR, MSFT
IPOs: KC, NKLA, INO, GAN, RVLV, LMND, DKNG
RS Extended (potenial longs and shorts): PTON, TSLA, ZS, SQ, SPOT, SHOP, WIX, TTD, ETSY, TAL, COUP, ZM, DOCU, FSLY, LVGO, BABA
China List: TME, YINN, HUYA, SINA, BABA, BIDU
BD: UAL, RCL, CAKE, MGM, WYNN, MAR, H, EAT, SHAK
ETF LIST: SPY, IWM, QQQ, GLD, GDX, TLT, UVXY, EWZ, FXI, RSX, USO, XLE, XLF, SMH, IGV, XCC, XHB, XAR, MJ, XLV, XBI, IBB, CLOU, SKYY
Still holding AMD, SHAK, ZM, SQ, ZSL and short TWLO.