Weekly  Stock Market Forecasts, Charts, and Swing Trading Ideas List and Strategies Report

Week of  February 20th 2023

Bill L.   Member of multiple services

“By the way I want to thank you once again for the amazing service you are offering…Have been a member of SRP for more than 4 years and I really have no words…only huge respect and gratitude…my account keeps growing steadily and consistently…it’s really a blessing for me and my family…The 3xETF service is a huge additional value to my portfolio and I plan to join more of your services very soon…”

–Peter Brandt, CEO, Factor LLC #10 2017 Twitter Favorite Traders Poll and Top Ranked Commodity Trader

“David, you are, without a doubt, one of the best if not the best Elliott Wave guys I am aware of” 8/30/17

Stock ,ETF , and SP 500 Futures Swing Trading plus Growth Stock Investing options for members

Read up at TheMarketAnalysts.com for all Advisory Subscription Services and Track Records  

It’s best to belong to three or four of my subscription offerings at the same time to have the most opportunities across all market conditions with multiple shots on goal! Asset allocation as a Trader is key for long term success in all environments– Dave 

General Market Summary plus Swing Trade Ideas List: 

Updated Banister Market and Elliott Wave Views on SP 500 and more and weekly swing trade updated ideas list is at bottom of this report

Markets and more:     A few weeks ago I said new uptrend highs likely hit a short term top. That was the week ending February 3rd…

After yet another 24 trading day up cycle we have corrected in an ABC fashion going into late last week.  FOMC talk, inflation issues, jobs reports and all.  Bottom line though is inflation is likely to drop dramatically in the coming few quarters as many of the metrics that go into the recent PPI and CPI updates are lagging indicators. Instead, pay attention to the leading sectors and leading stocks within those sectors to profit consistently with swing trading. I do this every week at SRP since 2009, and the 3x ETF service 2019 also focuses on leading sectors but also trading them both up and down based on behavioral pattern analysis I perform.  80% of our 3x ETF trades have been profitable since inception, 70% SRP stock trades since inception.  Using human behavioral pattern analysis coupled with fundamental strength and sector focus on individual stock trading yields strong results over time in all cycles.  3x ETF is great because we can easily enter and exit liquid position and either fade rallies near highs or trade into pullbacks near lows.

The market will likely work toward 4370 target I laid out many weeks ago over next many weeks, the day to day I would not get too caught up in.

Trading Results:  Issued new alerts in PARR and ARHS while we continue to hold 2 others.  Have gone slow last week or so as the expected correction unfolded.  We sold out of TOST Last week for 8-9% gains within 1-2 days of the alert and it tanked recently, always be sure to take profits religiously. 3x ETF service has had 17 straight closed trades for gains, we are currently adding to SOXL position and we closed out ERX last week for profits also before it dropped hard.

$SPX updated Daily chart, in middle of  larger Wave 3 up hopefully for the bulls… need to hold this 4050 area…

  Consider joining my 3x ETF Swing Trading room on Stocktwits, gives you very nice exposure to sector swings based on human behavioral patterns.  Removes single stock risk and gives you a better upside beta and lower risk with your overall trading plans (SRP, 3x ETF, Futures etc)

Consistent trading income in ALL market cycles using Bull or Bear 3x ETF’s and my human behavioral pattern analysis.  25% gains on SOXL and LABU already in early 2023. Additional gains in late January in ERX, SOXL, CWEB and LABU as well!  17 straight trades closed for profits as of 2/16/23

Just $40 a month and worth it to add to your stock trading

Read up at the3xetftrader.com and join on stocktwits at $40 a month.

Futures service is also on Stocktwits and just $50 a month, huge profits last several weeks and you can now sign up for Auto-Trade platform again!!

Members of all the premium services are updated daily on market maps and forecasts and we strategize accordingly.   

In addition to being a member of various services,  you can follow my comments during the week: 

• Twitter @stockreversals
• Stocktwits @stockreversals for daily commentary and or in my subscription services to stay up to speed daily. 
• Follow me on  Linked In as well where I provide periodic updates to professionals

List is updated every Sunday, names removed if they broke out to the upside strongly and or broke down. New names added, many names repeated if still in a bullish pattern. A lot of stocks will pull back harshly right before a big breakout reversal, so be advised

SWING TRADING 101– Click to review my 10 plus keys to profitable and consistent swing trading I’ve used since 2009

2/19/23 SWING LIST UPDATED:  SWING TRADE IDEAS WITH A COMBINATION OF STRONG FUNDAMENTALS AND ATTRACTIVE BEHAVIORAL PATTERN CHARTS COMBINED

NEW FEATURE: CLICK ON SYMBOL TO SEE CHART IMAGE QUICKLY   

RVNC – 5 weeks consolidation near highs, bullish pattern and new product approved by FDA (Botox alternative). Develops treatments for aesthetic/therapeutic indications such as lateral canthal lines.

SMCI– 12 week consolidation now near highs. Makes application-optimized server systems, chassis, server
boards/power supplies for distributors/OEM’s.

PERI – 4 week consolidation near highs. Israeli-based provides digital advertising solutions to brands,
agencies, and publishers.

PD – 4 week ascending base pattern. Provides services that collects signals from software-enabled
systems or devices

UBER – 3 week consolidation near recent highs. Develops and supports proprietary technology applications that
providers of ridesharing, and meal preparation

FND – Cup with now handle 3 weeks tight pattern. Operates multi-channel specialty retailer of hard surface flooring
and related accessories

DT –  Corrective 3 week pullback after run up. Develops software intelligence platform to allow customers to
modernize and automate IT operations

PSTG – 3 week consolidation near highs, close to breakout. Provides flash-based storage systems for large and mid-size
organizations in the U.S. and abroad.

GPK – 4 weeks tight closings near highs. Makes paperboard packaging products for companies in the food,
beverage/household products industries.

PDD – 7 weeks tight closings near highs, testing 10 week line. Chinese provider of third-party mobile e-commerce platform for buyers with merchandise shopping experiences

ARHS – 3 weeks tight closings near highs, current SRP Position as of last week. Operates as an omnichannel retailer with 75 Showrooms, including three Outlet stores, across 27 states

TNP– Breakout out of 6 month base. Greek provider of tanker transportation services for crude and refined
oil products

WNC – 3 weeks tight closings near highs. Designs and manufactures standard custom trucks, tank trailers and
related transportation equipment.

NXT – 2 weeks post IPO pattern. Provides intelligent, integrated solar tracker and software solutions
used in solar projects globally. 7 day pattern post $24 offering.

LTH – 6 week consolidation near highs. Operates health, fitness, and wellness experiences to an individual
member.  Needs to hold 17.32 area

XPOF – 6 week consolidation near highs. Provides recreational centers, franchised studios that offers boutique
fitness space.

IMCR – 6 week flat base near highs. Develops and markets immunotherapies with T-cell receptors to treat
cancer, infectious and autoimmune.

PARR – 5 week consolidation near highs. Engaged in the refining, distribution and marketing of oil and gas,
commodity marketing. Current SRP position.

DV – 4 weeks tight closings on right side of base. Develops software platform to provide transparency of digital
advertising via 19 offices in 12 countries

Read up on my various offerings to take advantage of Bull and Bear cycles in the markets below or at Themarketanalysts.com  

We offer 4 different subscription services for our Members, helping you cover the gamut of SP 500 futures trading with tax favorable treatment, Long Term Growth Stocks, Stock Swing Trading, and Growth Stocks with 50-200% upside plus.

Read up at TheMarketAnalysts.com for more details  Track Records available for all services!

 The3xETFtrader.com–  Swing trading Bull or Bear 3x ETF securities only. Hosted on Stocktwits.com for just $40 per month.  A great way to trade bull and bear reversals using my behavioral pattern analysis with a twist! Launched in late September 2019 and have established a strong track record of  over 70% profitable trades since inception November 2019!

StockReversalsPremium.com–   Stock Swing Trading with SMS text, Email, and Post on each alert, morning pre market reports daily on the SP 500 forecasts, position updates, and strategy notes. 70% success rate in 11 years of advisory services!  Track Record of 2019 to 2022 YTD Trades  

Tippingpointstocks.com– Growth Stocks aiming for 1x-5x upside with our proprietary research!      Fresh ideas every month and ongoing advice! 9 stocks doubled or or better  after bear cycle ended in 2020. With Bear market 2021-2022 now offering many public companies trading below private market valuations Constantly rotating portfolio with deletions and additions as time goes on. 

E-Mini Future Trading Service   ESALERTS.COM $50 a month on stocktwits including AUTO TRADE!!

SP 500 Futures Trading Advisory service.  Hosted on Stocktwits.com… Great morning SP 500 Futures trading guidance and alerts! We keep you on the right side of the market direction and trades.  Tax Favorable treatment, simple reporting to IRS, eligible for IRA and Regular Accounts both!  

We also offer Auto- Trade option as of June 2022 again!! We handle the entry and exits for you!!

This service focuses on the SP 500 using  my Wave based market behavioral models and then translates that to Futures Trading advice and alerts. Short term and long term views…morning updates, trades and more.

Contact Dave with any questions (Dave@themarketanalysts.com)

TheMarketAnalysts.com