SPY pulled back in yesterday but is holding the 9ema, while IWM and QQQ look even more vulnerable. We are at an interesting stock because even with the market’s vulnerability , there are some interesting setups. So the question is, to we continue to build longs after already having long positions, or do we pass on these setups? Today’s watch included TSLA, WTW, GPRO, AAOI, ILMN, SEDG, LOW, GOOGL, MCD, PETS, RACE and FCX.
Focus List: FB, AMZN, GOOGL, NVDA, SNAP, STRP, DWCH, PETS, X, FCX, IRBT, LABU, FAS, SEDG, LABD, UA, POT, UVXY, LOW, ERX, SOXS
Gap up list: NFLX, NKE, AMTD, DWCH, SRPT, ATHN, PETS, SGMS, AKS, FCX, X, CA, ATI, IRBT, X, AMD, BA, ADP, TREE, BCOR, AXTI, AAN, BIDU, FSLR, ACHC, SOHU
Gap down list: HOG, GS, LOW, HD, AXP, GOOGL, AMZN, TWTR, BWLD, MAT, AKS, MD, OZRK
ETF Focus List: SPXL, FAS, SOXL, CURE, BRZU, YINN, EDC, UWT
Current Positions: Entered LABU and FB. Still holding SQQQ, FSLR and NFLX.
ETF List (for post fed longs and shorts analysis): SPY, IWM, QQQ, SMH, IBB, XHB, XLF, USO, XLE, EWZ, RSX, GLD, HACK
Please read the Education Archive and posts 23 Laws of the Part Time Swing Trading the Market Speculator Way
How To Use Swing Dashboard: https://bullsonwallstreet.com/how-to-use-the-new-swing-trader-dashboard/
Chat With Traders Interview: http://chatwithtraders.com/ep-058-paul-singh/
29 Essential Trading Posts For 2016: https://bullsonwallstreet.com/29-essential-swing-trading-posts-2016/
February Q&A: https://bullsonwallstreet.com/swingtradingwebinarqa/
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