Dec 22, 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 new Top Pick of the Week is : ZILLOW GROUP Z to retest the recent high again.
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 |
12/22/2024 Markets were lower again for the week as T-Bonds dropped more on another FED Cut of short term Interest Rates. Bonds don’t want the FED to cut short term Rates because it normally fuels Inflation.
The Indices could not get above the recent highs, so profit taking came in. The Leading Big 7 and NASDAQ 100 Fund (QQQ) were able to go higher. Most Leaders are quickly back in the Green Zones for Buy Signals soon. Try to Buy investments that are still above the 50-day avg. (Red Line).
Bit-Coin is quickly becoming over-sold and should be having a bounce up to retest the High.
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 2.18%, the S&P 500 was down 1.83% and the NASDAQ 100 was down 2.24%. The major Indices still have a Relative Strength below 80, so you should currently own the stronger Funds here.
The Inflation Index (CRB) was down 0.60% the week and is Above the Green Line, indicating Economic Expansion.
Bonds were down 1.66% for the week, and are Below the Green Line, indicating Economic Expansion.
The US DOLLAR was up .63% for the week.
Crude Oil was down 2.57% for the week at $69.46 and GOLD was down 1.15% at $2645.10.
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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 5 investments on the Short Term Watch List.
Be patient and WAIT for Green Zone Buy Signals!
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.
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: Jeff writes “Hello, in trying to understand your DONT TAKE A LOSS comments.
ANSWER: Hi Jeff. When the Money Wave > 50, then the Stop is raised to the Buy Price. (Don’t Take a Loss!). Something might be wrong with the stock, so Go to Cash. There will be plenty more Buy Signals.
Thanks for writing.
ATGL