25 Jul 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 July 26th
“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:
- Strong reversal up in QQQ and SP 500 indexes last week
- Small Caps reverse off the 200 day EMA Line last week
- Biotech continues below 200 day EMA line and struggling to get traction still
- Futures service hits for over 100 point win going long on Tuesday morning SP 500 futures
- SRP up 9% on latest swing trade put out mid last week
- 3x ETF service trying long reversals in TNA and LABU (Small Caps and Biotech)
- SRP sees GLBE position rip higher end of week. A few others remain in base patterns
- 3x ETF took profits going long LABU and TNA last week looking for reversals
- Futures service went long at 4265 for over 100 points on the upside
- TPS long term service issued research report on Friday first time in 8 weeks as we held off during small cap drop
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, SP 500, IWM ETF
Small caps bounced off the 200 day EMA Line last week and still are not out of the woods but this consolidation has gone on for about 5 and soon to go on 6 months. Biotech also unable to get out of its own way for now in terms of the XBI ETF as a group. Large caps continue to be obvious leaders with QQQ and SPY/DIA leading the charge. I have had a 4600 target for the SP 500 for a few months now, so we are still working in that direction as part of a larger wave 3 up, recently in a “3rd of a 3rd” which is usually the most bullish and powerful of waves.
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.
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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 7/25/21- Last week GLBE and CRCT among those ripping higher off this list, SRP got long GLBE at 61 max and had a good finish last week.
FRHC- 6 week base near highs. Security brokerage and other financial services for Kazakhistan based business
TBIO- 4 weeks tight base near highs. A former TPS position we made big gains on but now setting up again possibly. Develops therapeutics for the treatment of diseases caused by protein or gene dysfunction.
ROKU- Big week last week but still not yet a 52 week breakout. Moving up right side of large cup base. Streaming entertainment devices for entertainment delivery
SKY- 9 week base near highs. Single Home manufacturer of modular and park model homes
PINS- 4 week pullback correction testing 10 week EMA line. Several months base, has a shot to rally up soon. Provides visual discovery platform for projects and interests (Pinterest)
DLO- 4 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.
SPT- 6 week base near highs, tested 10 week EMA Line last Monday. Social media management platform.
DBX- 7 weeks overall base and 4 weeks tight lately near highs. 28.60 key support. Provides cloud storage, sharing and collaborating services to more than 700 mil users across 180 countries.
FIGS- 9 weeks post IPO base pattern. Has pulled back from 49 to 37 test last week at the lows. Could resume advance. Designs and manufactures healthcare apparel and lifestyle brand for men and women healthcare professionals
SSTK- 5 week base near highs. Earnings due on Tuesday, teaming up with Google on image/photo distribution etc.
AMN- 7 weeks tight base near highs, current SRP position looks poised to break out. Healthcare Staffing.
UPWK- 5 week corrective base pullback off the highs. Tested 10 week EMA line last week. Operates online platform that connects businesses and freelancers in over 180 countries. Has been consolidating since January.
DRVN- 5 week base trying to break out to run back to old highs from February. Provides automotive services like paint, collision, glass, vehicle repair, oil changes etc.
FA- 5 week Post IPO base, this pullback may provide better entry. Provides technology solutions for customers in screening, verification, safety related to human capital. Company quiet period ends soon. SRP open position now.
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.