11 Jul Weekly State of the Markets and Swing Trading Ideas Report
TheMarketAnalysts.Com
SWING TRADING OF 3X ETF’S , STOCKS, E MINI SP 500 FUTURES, AND MOMENTUM GROWTH STOCK RESEARCH SERVICES VIA SUBSCRIPTION
StockReversals.com Members get an exclusive 25% coupon offer to join our SRP Swing Trade or Momentum Growth stock TPS subscription services.
Read up on all 4 Subscription Options at TheMarketAnalysts.Com or bottom of this Report
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 12th
“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:
- QQQ in powerful wave 3 (Chart)
- SP 500 in Wave 3 of 5 of 3 (Powerful, Chart)
- XBI ETF (Biotech) trying to break out of wedge pattern (Chart)
- IWM ETF in 5 month sideways base pattern (Chart)
- SP 500 heading to my 4600 long standing target it looks like intermediately
Recent results:
- SRP alerted BKE on Thursday, rallied almost 6% on Friday, 4 other open positions basing
- 3x ETF working back into SOXL and moving green for us late in the week
- Tipping Point Stocks about to release new research report this week on Real Estate Platform play
- Futures service missed a few epic long entries on correctly forecasted pullbacks just barely
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: Updated Banister Market and Elliott Wave Views on SP 500 and more
SP 500 and General Market Commentary
4600 is continuing to be on the radar for the SP 500 as my longstanding intermediate price target I put out in March this year. Overall the obvious evidence is markets moving to the upside. We are in a powerful 3rd wave in both the SP 500 and the QQQ (Tech Stocks). The small caps and Biotech have not fared as well on a relative basis, but they could both regain leadership in the weeks ahead. Take a look at the IWM ETF chart which again remains in a 5 month rooftop pattern and trying still to breakout. Also we have the Biotech ETF XBI with a possible attempt coming up to break out of a wedge pattern.
Bottom line is healthy markets remain for swing trading and we may finally get some movement in small caps. If you are small cap focused on a long term portfolio strategy like I tend to be, its been a long 4-5 months of grinding.
Chart this week on SP 500, IWM ETF, QQQ ETF, XBI ETF
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. Crypto 3.0 research and advisory added soon! Recent new pick that is a SPAC about to complete a merger just out recently and in buy ranges! New position in the Real Estate TECH area is soon to be profiled as well possibly week of July 12th.
Consider joining for powerful upside potential in a portfolio of 8-12 names that is dynamic and moving.
Read up at Tippingpointstocks.com
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
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 7/11/21
GRWG- Long consolidation and now right side of this base trying to move higher last 2 weeks. Engaged in the distribution of organic nutrients, soils, hydroponic equipment to commercial and home growers.
CELH- 6 week base overall. SRP has played this a few times for profits of late. Develops and markets functional calorie-burning fitness beverages under the Celsius brand in U.S.
INMD- Moving up out of 5 weeks tight pattern off last weeks list and now a breakout to new highs, again… Israeli seller of radio frequency devices used in minimally & non-invasive cosmetic procedures, women’s health
NET- 4 week ascending base at or near highs. Develops software for fi rewall, routing, traffi c optimization, load
balancing, and other network services.
CLF- 5 week recent base near highs. Producer of fl at-rolled steel and supplier of iron ore pellets in
North America
SNAP- 5 month overall base near highs. Operates the popular Snapchat mobile application for Android and
iOS devices.
CRCT- 7 week base with recent pullback on this Post IPO play. If it holds 33 that would be key. Sells computer-controlled machines used by home crafters to cut paper, fabrics, leather and other materials.
SKY- 7 week base near highs .Manufactures single- and multi-section homes, modular homes
and park models.
SPT- 4 weeks tight base near highs. Provides a platform for businesses to manage social media
engagement, publishing and analytics.
AVTR- 3 weeks tight pattern near highs. Provides mission critical products and services to customers in
biotech, health care, education, government and tech industries.
YETI- 13 week tight base, this should break out. Designs, manufactures and marketing innovative and outstanding
outdoor products.
TASK- 5 week Post IPO base, current SRP open position. Provides digital outsourcing focused on serving tech companies to represent, protect and grow their brands
UPWK- 3 weeks tight base on right side of multi month base, close to breakout. Operates an online platform that connects businesses and freelancers and clients in over 180 countries
AMN- 5 weeks tight base near highs. Offers permanent and temporary staffi ng of physicians and nurses to
healthcare facilities in the U.S.
DKS- 7 week base near highs. Operates 854 Dick’s Sporting Goods stores in 47 states and 98 Golf
Galaxy stores in 35 states and e-commerce
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.
Contact Dave with any questions (Dave@themarketanalysts.com)