Trade Report Video: https://youtu.be/KhRMElUhssE
Yesterday was a day of consolidation as SPY, IWM and bricks all pulled back a bit. This is healthy and could be the start of a new run heading into November. Our strategy remains the same. Be patient and focus on stocks that have already reported strong earnings. This requires patience in waiting for optimal post earnings entries.
Oil is on the radar today, as are EWZ and INDL.
Possible parabolic short setups: WTW
Shorts List: BWLD ,HRTX, CMG, SKX, AMBA, P, FEYE
Indexes/Sectors: SPY, SPXL, SPXU, URE, IBB, GLD, USO, XLE, XIV, VXX, BRZU, YINN
Please read the Education Archive and posts 23 Laws of the Part Time Swing Trading the Market Speculator Way and How to Analyze Your Swing Trade Results It is important to know these setups and rules if you trade off the Report.
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