13 Jun 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 June 14th
“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:
- Biotech appears to have bottomed from it’s Bear Cycle (Chart) Long LABU in 3x Service
- IWM (Small Caps) took out 231 area per last weeks note, close to breakout to new Bull Market (Chart)
- SP 500 broke out of 8 week Banister pattern to upside, 4600 remains intermediate target
- Cryptos still consolidating. Bitcoin re-tested lows and bounced, key time ahead for Bulls to re-take over
- Silver looks ready to bust out big, consider getting positioned there via stocks or ETF’s (Chart)
- SRP took nice gains in LOOP, YETI, ASO this past week and added new positions
- 3x ETF service up huge on LABU (Biotech) and still holding, added SOXL late in week (Chips)
- SP 500 Futures service on Stocktwits has been long since 4195 on a nice trade, looking for 4275
Recent results: Big gains in LOOP, ASO, YETI taken this past week. New alerts issued in SRP flagship stock swing service. 3x ETF long LABU up over 23% and now SOXL too. Futures are up big on a trade long SP 500, and TPS is accumulating a SPAC play via Warrants.
Stock ,ETF , and SP 500 Futures Swing Trading plus Growth Stock Investing options for members
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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
SP 500 and General Market Commentary
Briefly we are seeing the SP 500 take out the 8 week Banister Base pattern and likely attempting move to 4280 and then intermediately 4600 is my target I’ve had for over a month now. Small Caps and Biotech are re-taking control after a 90 day bear cycle from February into May this year, now playing catch up. IWM ETF is close to confirming a new bull cycle in the 8th wave pattern. Crypto is still on the ropes, I am watching Bitcoin to HOLD 33,000 even though it briefly dipped below this past week. If it cracks hard all bets are off and we see 23,000 possibly on Bitcoin, so watch that area.
Watch Silver for a breakout this week likely. Inflation is here to stay…
SRP stock swing service continues to crush it, you can see all the recent and last few years results at srpmembers.com. I combine fundamentals and behavioral patterns for consistently profitable trade results over a 1-4 week windows on each position depending on action. TPS service is looking to add Crypto exposure during this Bear Cycle but just being patient while we see our current 6 positions all now up trending nicely.
Charts this week on SP 500, XBI ETF, IWM ETF, SILVER ETF (SLV)
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.
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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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
CLF ripped big last week off of this list along with INMD, YETI , QFIN, LOVE, CDNA and others. Make sure to review for some of my better ideas every Sunday.
Updated List 6/13/21:
FCX- 6 week base for Freeport Mcmoran- Engaged in exploration/development of copper/gold/silver/molybdenum mines in Indonesia, North & South America
MS- 6 week ascending base near highs. Provides fi nancial products/services to corps, govts, fi nancial
institutions and individuals worldwide. PE 12
AVTR- 10 week base close to breakout to highs. Provides mission critical products and services to customers
TIGR- 17 week overall base, strong move up last week but has room to climb to try to take out old highs still. Chinese company provides online brokerage platform focusing on global Chinese investors.
CDNA- 8 week recent base ,broke out last week and was on this list. Still looks good. Develops diagnostic surveillance products used to monitor organ transplant recipients
NVCR- 9 weeks near highs. Develops novel therapy for the treatment of solid tumor cancers
including glioblastoma brain cancer.
PGNY- Has been on list often, 3 weeks tight closing base at highs. This could rally big. Provides fertility and family building benefits solutions in the United States for 2.7 mil members.
UCTT- 11 week base near highs. Current SRP position as of last week. Manufactures gas delivery/chemical mechanical planarization systems for the semiconductor sector.
TPX- 14 week base. Makes temperature sensitive visco-elastic pressure foam mattresses, pillows, and comfort/lumbar cushions
SLM- 10 week base for Sallie Mae Originates, acquires/collects loans made to students/their families to
finance the cost of their education.
DKS- 3 weeks tight base at highs. Operates 854 Dick’s Sporting Goods stores in 47 states and 98 Golf
Galaxy stores in 35 states and e-commerce
ZIM- 4 weeks tight base near highs. Israel-based asset-light container liner shipping co provides cargo
solutions for all industries
SEMR- 6 week base near highs, recent IPO. Provides SaaS platform to run SEO, pay-per-click, content, social media, and competitive research campaigns
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)