Dec 29, 2924.
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 : GRAYSCALE BIT-COIN FUND GBTC 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 |
12/29/2024 Markets were slightly higher for the week, but T-Bonds were still lower on Inflation Fears. T-Bonds are now very over-sold now on FEAR, and should bounce up soon. This should help the weaker Indices like the NYSE & Small Caps (that are not skewed with the Big 7 Stocks) to recover.
The Leading Big 7 Stocks (MAGS) and NASDAQ 100 Fund (QQQ) are back up near the highs, as they should be the least effected with higher long term Interest Rates. Most Leaders are quickly back up in the Red Zones (probably too late to Buy for the short term). Try to Buy investments that are still above the 50-day avg. (Red Line).
Bit-Coin has quickly become 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 up 0.34%, the S&P 500 was up 0.65% and the NASDAQ 100 was up 0.91%. 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 0.23% the week and is Above the Green Line, indicating Economic Expansion.
Bonds were down 1.37% for the week, and are Below the Green Line, indicating Economic Expansion.
The US DOLLAR was up .41% for the week.
Crude Oil was up 1.65% for the week at $70.60 and GOLD was down 0.50% at $2631.900.
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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:
PDYN PALLADYNE AI Target was Hit at $6.78 for a 60.3 % Gain!
We are now in 2 Three Star logged Swing Trading Positions for the Short & Medium Term. There are only 2 investments on the Short Term Watch List.
Be patient and WAIT for Green Zone Buy Signals!
Completed Swing Trades in 2024: 293 Trades, + 1296% Total. Avg. Trade = 4.42 % Gain (before taxes and commissions).
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LONG TERM WATCH LIST
ATGL Long Term Weekly Watchlist- Click here for scrolling charts.
SMMT SUMMIT THERA. was bought on Friday. Target is $28.
Completed Long Term Trades in 2024: 51 Trades, +333.46% Total, or 9.6 % / 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: Jerry S. writes “How do I know when to Sell?”
ANSWER: Hi Jerry. Please follow the Rules for Selling below based on the Time Frame that you want to be in the Investment:
- Short Term: Sell when it Closes below the Pink Line (10-day avg).
- Medium Term: Sell when it Closes below the Red Line (50-day avg).
- Long Term: Sell when it Closes below the Green Line (250-day avg).
Or Follow the PORTFOLIO (please click) on your daily emails.
Good trading, and tell your friends!