01 Aug Weekly State of the Markets and Swing Trading Ideas Report
SWING TRADING OF 3X ETF’S , STOCKS, E MINI SP 500 FUTURES, AND MOMENTUM GROWTH STOCK RESEARCH SERVICES VIA SUBSCRIPTION
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SWING TRADING OF 3X ETF’S , STOCKS, E MINI SP 500 FUTURES, AND GROWTH STOCK RESEARCH SERVICES VIA SUBSCRIPTION
Weekly Stock Market and Trading Strategies Report Week of August 2nd 2021
“I’ve mentioned it before, but it’s worth mentioning again. I’ve been a subscriber in three of Dave’s services – SRP, TPS and 3xETF for about a year now. Because I feel so highly in regards to Dave’s services and the performance I’ve experienced; my daughter, my brother and another friend have become subscribers to at least one of his services. I’m working on a couple other people as well😉 Dave thanks so much for all you do!” – 1/7/21- @JTD26 on Stocktwits
Notes on indicators and charts:
- CHIP Stocks breaking out (SOX Chart), usually bullish sign for market and tech
- Small Caps in 6 month base, look to have bottomed, still lagging large caps (IWM Chart)
- Biotech still trying to confirm bottom (XBI Chart)
- SP 500 on way to 4550-4600 targets put out 2 months or so ago here
- SRP takes profits on GLBE, Issue 2 new alerts during week.
- 3x ETF took profits on TNA and stopped out of LABU for loss
- Futures service on sidelines after huge win prior week, missed entry a few times on pullbacks last week
- TPS positions look poised to rally in 4th quarter as small caps recover
Stock ,ETF , and SP 500 Futures Swing Trading plus Growth Stock Investing options for members
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General Market Summary: Updated Banister Market and Elliott Wave Views on SP 500 and more
Chart this week on XBI ETF, IWM ETF, Semiconductors (SOX)
We remain in Wave 3 of 3 in SP 500, QQQ etc so those areas of market continue to lead. Small caps trying to gather some strength in a 6 month consolidation pattern and Biotech continues to lag, I think much of that related to FDA performing poorly in my opinion.
Tipping Point Stocks- Wealth building looking for multi-baggers before the crowd comes in, 9 stocks have more than doubled since June 2020. Looking to add Crypto analysis near term after this correction cycle winds down in Bitcoin etc. Recent new pick that is a SPAC about to complete a merger out recently and in buy ranges! A New position in the Real Estate TECH area was just released on 7/23 to TPS members. Also a possible 3-4x stock over next 12 plus months.
Consider joining for powerful upside potential in a portfolio of 8-12 names that is dynamic and moving.
Read up at Tippingpointstocks.com
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Swing Trade Ideas with a combination of strong fundamentals and attractive behavioral pattern charts combined. 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
Updated List 8/1/21
NVDA- 5 week base near highs post split. Designs graphic processing units used in personal computers,
workstations, game consoles and mobile devices.
CELH- 9 week base near highs, needs to hold 68 area. We traded this for profits at SRP a little while ago. Develops and markets functional calorie-burning fitness beverages under the Celsius brand in U.S.
FRHC- 7 week base near highs. Security brokerage and other financial services for Kazakhistan based business
SNAP- 2 weeks tight at highs after a breakout on earnings, could pick steam back up. Operates the popular Snapchat mobile application for Android and iOS devices
ROKU- 5 week base near highs. Moving up right side of large cup base. Streaming entertainment devices for entertainment delivery
SKY- 10 week base near highs. Single Home manufacturer of modular and park model homes
SPT- 6 week base near highs, tested 10 week EMA Line last Monday. Social media management platform.
DLO- 5 week post IPO base, had a strong rip up from 35 to 55 area and now in 4 week consolidation, could break out again soon to highs. Cloud based payment platform for merchants in 29 countries for this Uruguay business. Needs to hold 44.50 area
DBX- 6 week ascending base at highs. Provides cloud storage, sharing and collaborating services to more than 700 mil users across 180 countries.
ESI – 13 week base looks ready to break out. Makes a broad range of specialty chemicals used in the electronics,
metal and plastic plating, graphic arts
LKQ- 12 week base near highs. Distributes aftermarket replacement parts to collision repair shops and
mechanical repair shops
YETI- 8 week base near highs. Designs, manufactures and marketing innovative and outstanding
OCDX- 8 week base near highs. Provides diagnostic testing solutions to the clinical laboratory and
transfusion medicine communities
DOCS- 6 week Post IPO ascending base. Offers cloud-based platform for medical professional and physicians
with tools across 50 states
CTKB- 2 week post IPO base. Provides fl ow cytometry products and services designed to advance
cancer and cell biology research.
Read up on my various offerings to take advantage of Bull and Bear cycles in the markets below or at Themarketanalysts.com
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 already establishing a strong track record of 80% profitable trades!
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 nearly 8 years of advisory services! Track Record of 2019, 2020, and 2021 YTD Trades
Tippingpointstocks.com– Growth Stocks and advice with 1x-5x plus upside with our proprietary research! 9 stocks have doubled or more since June 2020! Fresh ideas and research every month as the portfolio rotates with regular updates every week on all positions and ongoing advice. Adding Crypto Trading advisory services summer 2021 to TPS and recently a new NFT related research report just out last week of May with 2-3x upside.
E-Mini Future Trading Service ESALERTS.COM $50 a month on Stocktwits.com
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!
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.