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

Week of  December 26th 2022

 “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!”   @JTD26 on Stocktwits

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:    3765 hit with 3725-3740 key still on SP 500 pullback

As mentioned in the Dec 18th weekend report 3740 was a support line for SP 500 pullback. We got pretty close this past week and for now the correction is normal. Of some concern is the now obvious A equals C rally where A was the same length at C in the uptrend, and then the D and E afterwards culminating in essentially a failed double top breakout attempt.

This is why 3725-3750 area is key to hold and if not we could be in for some larger downside ahead.

The long term charts are questionable but at the 3491 lows that pullback from 4800 made a lot of sense to stop around 3500 which was my call at the time for a low.

So as always with my 3 swing trade services it doesn’t matter all that much if we are in a pullback, downtrend, correction, uptrend, bull cycle etc, what matters is proper positioning and timing.  With the stocks in a downtrend or correction pattern like recently I will be much higher in cash allocation and maybe just a few swing trades open at a time, and the opposite in a confirmed uptrend by my Behavioral based views.

3x ETF can go long or short at 300% on sectors via SPXL, SPXS or LABU, LABD just naming a few.  Futures service the same thing, in fact last week we hit for an 85 point win going short equivalent to about a 22% gain in barely over 24 hours.  My advice for best results in all cycles is to subscribe and follow me in the Stock, 3x ETF, and Futures services at the same time if you want more profit opportunities.  We also made a nice 12-15% gain in one of our stocks at SRP last week while the market was actually going down!  We sold it at the high or close to high of the move last week on Friday morning in fact.

So near term, 3725-3740 key to hold for SP 500.

That said, it’s end of the calendar year trading week probably nothing of note.  January will be key to watch for the trends.  AAPL, TSLA and other former leaders continue to drop, new leaders emerge and that is the work I will do both in 3x ETF sector trading and SRP Stock swing trading.

Trading Ideas at bottom of the report: Interesting to see Home Builders, Heavy Construction, Steel producers, Energy related plays, a few medical related, and some Industrial manufactures as leaders. Every market has leading and lagging sectors, key is to be in the right areas at the right time.

Updated SP 500 Charts, Long and Short Term:

 Trading Results:  SRP Stocks, 3x ETF, Tipping Point Long Term stocks, Futures

SRP stock trading service  hit BIVI For nice 12-15% gains on each half of the position as that Biotech rebounded last week.  We only hold HRMY 1/2 position remainder at this point as we go slow during the correction. Likely to add positions near term though. (See Swing Trade ideas list for starters, I work off of that depending on action during the week).

  3x ETF  service  made a quick short based trade on the Semiconductor index by going long SOXS.  We closed it for a quick small gain and now are watching market and sector trends for our next move.  

Futures Service we took huge 85 point gain also this past week for about 22% equivalent.

 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)

 Closed out TQQQ, LABU, and SOXL for gains before the market peaked and turned south two weeks ago, and few weeks ago we sold SPXL For 8% gains in 2 days, and this past week SOXS For 4-5% gains

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

 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

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

12/26/22 updated for Weekly Report and week and near term ahead.  Interesting to see Home Builders, Heavy Construction, Steel producers, Energy related plays, a few medical related, and some Industrial manufactures as leaders

CPRX up 18.8% last week in a down week after being on our list for 6 weeks. PBT also broke to the upside.

Updated list for the near term and intermediate window ahead based on sectors, individual stock fundamental strength, and Banister Behavioral Patterns lining up for strong probable upside.

FOUR- 20 week consolidation, could break out soon on speculation with Elon Musk tie ups perhaps. Payment processor expanding into 20 countries. Near highs.

CELH- 4 week correction to 10 week EMA line. Develops and markets functional calorie-burning fitness beverages under the Celsius brand in U.S., recent deal with Pepsi

CMC- 5 week base pattern near highs. Makes application-optimized server systems, chassis, server
boards/power supplies for distributors/OEM’s. PE 6

GFF- 6 week consolidation near highs, PE 9. Manufactures plastic films/laminates, garage doors, landscaping
products /electronic communication systems.

MEDP- 9 week consolidation near highs testing 10 week EMA. PE 32, 59% growth. Provides outsourced clinical development services to biotechnology, pharmaceutical/medical device industries

GMAB- 4 week pullback consolidation. Denmark based company develops antibody therapeutics for the
treatment of cancer and other diseases. PE 37 ,Recent growth 140% YOY. Testing 10 week EMA line. Denmark-based biotech and medical stock Genmab has shown accelerating quarterly growth in sales and EPS.

MODN-  Pulled back from highs, attractive. Provides revenue management software for the life science and technology industries.

TTC- 7 weeks tight closings near highs. Manufactures turf maintenance/landscaping equipment, irrigation
systems and residential yard products

TS- 7 week flat base. Makes steel pipe products and related services for energy and
industrial applications. PE 10

TTE- 6 week base near highs just now breaking out a bit. Engaged in exploration and marketing of oil, biofuels, natural gas, and renewables on a global scale.

PLNT- 6 weeks tight consolidation. Operates 2,254 fitness centers with approximately 15.2 million
members in 50 states, Puerto Rico and Canada.

TWI- 9 week consolidation near highs. PE 7 Manufactures off-highway wheels, tires and assembly products for
agricultural/earthmoving/construction

AFYA- 7 week base, back on the list. Brazil based Co provides medical and healthcare education through
professional courses in 13 states

GLP- 8 week ascending base at highs. PE 4. MLP engaged in wholesaling gasoline, home heating oil, diesel,
kerosene and residual oil in Northeastern U.S

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)

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