It’s taken a few days, but tech is finally pulling back. I’m more focused on individual stocks right now, than the market, but you can see the lower highs and lows in the ETF USD, which is the long side ETF for the semiconductors.
As for some stocks I’m watching and trading; there’s a few below. I’m waiting for them to dip before I buy.. usually on the 15-minute chart, and look for buy setups. This is slower than last year, but you’ve got to adapt to trading conditions. Last year, I had success with index related ETFS TZA, TNA, etc. They’re not as good right now, as money rotates into different sectors.
CGA bounced off it’s 50dma and is moving higher.
IMAX has a steady uptrend going for it.
SD is now over the 20, 50, and 200 dma’s.
