Dec 15, 2024.
For busy investors that don’t have time to Swing Trade, we now have a simple Strategy: Top Pick of the Week. You Buy the “Pick” on Monday morning, and then Sell on Friday’s Close.
This “Pick” is emailed to you with the Sunday Weekly Commentary. If the stock exceeds the 15% target before Friday, it will be sold immediately to lock in profits. Otherwise, the stock is sold at Friday’s market close, regardless of the outcome (more details here).
The Top Pick of the Week is : SMALL CAP FUND IWM, to retest the recent high again (or UWM for more aggressive 2 X Leveraged Fund). (Caution, Markets are stretched up high from FOMO, and we won’t Exit this stock until Friday’s Close.)
During the week you can view the current Weekly Stock Pick Charts.
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SWING TRADING (SHORT TERM)Watchlist and Charts
| Watch List | Watch List Charts |
| Current Positions | Current Charts |
| Closed Results | Trading Dashboard |
Current Pick and Chart
| Top Pick of the Week | Featured Stock Chart |
12/15/2024 Markets were mostly lower for the week as T-Bonds dropped 4.48 %. Bonds are warning the FED to stop cutting short term Interest Rates (which fuels Inflation).
The Indices retested the recent highs, and the Big 7 and NASDAQ 100 Fund (QQQ) were able to go higher. But the DOW 30, NYSE, & Small Caps were lower. and many average stocks are not moving much (narrow breadth).
Bit-Coin is very over-bought and should be having a Buying Climax soon.
We Buy the strongest Leaders that make new highs, on pull-backs. So follow the Green Line System and you should continue to win more than you lose. SEE WATCH LIST
With the Green Line System, your Money should flow into the Strongest areas and your Account value should be able to grow in both Bull and Bear Markets. Follow the MONEY, not the MEDIA.
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For the week the Dow was down 1.74%, the S&P 500 was down 0.59% and the NASDAQ 100 was up 0.77%. The major Indices still have a Relative Strength below 80, so you should currently own the stronger Funds here.
The Inflation Index (CRB) was up 2.66% the week and is Above the Green Line, indicating Economic Expansion.
Bonds were down 4.48% for the week, and are Below the Green Line, indicating Economic Expansion.
The US DOLLAR was up .61% for the week.
Crude Oil was up 6.09% for the week at $71.29 and GOLD was up 0.61% at $2675.80.
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DAY TRADERS: We are doing many profitable Day Trades on our Discord Trading Hub (free). Please join Discord or X (Twitter) with your cell phone app for the fastest Trade Alerts and Daily email notifications during the day. Other methods of notification have been too slow. Also, please check our our Live Trading Room on YouTube during Market hours.
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SWING TRADE BUYS SOON:
We are now in 2 Three Star logged Swing Trading Positions for the Short & Medium Term. There are 3 investments on the Short Term Watch List.
Be patient and WAIT for Green Zone Buy Signals!
Completed Trades this week: GDS GDS HOLDINGS Target was Hit at $23 with a 22.9% Gain.
Completed Swing Trades thru Nov. 2024: 260 Trades, + 1055% Total. Avg. Trade = 4.06 % Gain (before taxes and commissions).
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LONG TERM WATCH LIST
ATGL Long Term Weekly Watchlist- Click here for scrolling charts.
CADL CANDEL THERA. Dec 11 Target was Hit at $10 for a 16 % Gain.
Completed Long Term Trades thru Nov. 2024: 43 Trades, +270.71% Total, or 6.3% / Trade (before taxes & commissions).
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Important Links| Top 100 | Stage Chart Investing | CNN Fear & Greed Index |
| Dividend Growth Portfolio | ETF Sector Portfolio | Dogs of the Dow |
| Long Term Strategy | Stage Chart Investing | Articles |
Alert! Market Risk is Medium (YELLOW). The probability of successful Short Term Trades is better, when the % of stocks above the 50-day avg. is below 20.
Tell your Friends about the Green Line, and Help Animals.
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QUESTION: Jose M writes “Morning, I seem to have difficulties on finding the Money Wave chart on the ETFs. Thanks.”
ANSWER: First go to MY TRADING DASH BOARD. Then the Charts with the Money Waves can be pulled up by clicking on the Symbol of the Investment on the Watch List or Current Positions links in every Daily email.
The Money Wave is the Red and Green Zone on the bottom part of the Chart. Buy after the Money Wave has gone down into the Green Zone, and then turns up above 20.