23 Apr Weekly Stock Market Forecast 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

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

Week of April 24th 2023

Bill L.  1/3/22- Member of multiple services

“By the way I want to thank you once again for the amazing service you are offering…Have been a member of SRP for more than 4 years and I really have no words…only huge respect and gratitude…my account keeps growing steadily and consistently…it’s really a blessing for me and my family…The 3xETF service is a huge additional value to my portfolio and I plan to join more of your services very soon…”

–Peter Brandt, CEO, Factor LLC #10 2017 Twitter Favorite Traders Poll and Top Ranked Commodity Trader

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

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 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:   Bull Market Consolidates

The last few weekends I did not produce a weekly report. The market has actually been consolidating in a 3 week base and likely to work higher over next few months. I still maintain my 4370 SP 500 target I’ve had for a few months.  Currently SP 500 Futures bets are at all time bearish levels according to Bloomberg, which for me means not many sellers left and a lot more buyers can be converted.

With my services though, we are mostly short term swing trader whether it be 3x ETF, SP 500 Futures, or Stocks.  I look for the best sectors and best stocks within those sectors on a weekly basis. I also use behavioral pattern analysis to then attempt to time the best entry and exit windows for those opportunities.  Recently seeing a huge rally in our LABU position at the 3x ETF service after everyone had given up, we got long with 3x leverage and banked 15% gains. The behavioral patterns were bullish while everyone was neutral to bearish.  This market may continue to surprise as the year goes on.

Trading Results:   SRP Stock service had nice gains in IOT, OPRA, PLX recently.  3x ETF has been banking some gains on SPXL (SP 500) and LABU (Biotech) as well. TPS service is back on fire with a new bull market intact since October.  Recently over 50% move in TGTX, 70% move off the lows in GANX an an 18% move this week in another new play.  You can read up and join at tippingpointstocks.com.  Futures service is currently long the ES contract looking for 4230 possible.

NASDAQ 100 Consolidating

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

4/23/23   SWING LIST UPDATED:  SWING TRADE IDEAS WITH A COMBINATION OF STRONG FUNDAMENTALS AND ATTRACTIVE BEHAVIORAL PATTERN CHARTS COMBINED

NEW FEATURE: CLICK ON SYMBOL TO SEE CHART IMAGE QUICKLY

TGLS UP 8%, DKNG UP 14.7%, IOT UP 8% ALL MOVED TO THE UPSIDE OFF THE LIST  LAST WEEK 

ONON– Current SRP position as of last week, 5 week consolidation near highs. Was on list a few weeks ago and ran up 46% that week. Switzerland Based CO operating 9,232 retail stores worldwide that offer premium sports shoes and apparel.  Earnings due 5/16

SOVO – 5 week ascending base near highs. Maybe consolidates awhile. Provides food and beverage products by acquiring brands to build one-of-a-kind brands. Earnings due 5/10

DRVN – 4 week ascending base consolidation. Provides automotive services like paint, collision, glass, vehicle repair,
oil change, maintenance/car wash.

MBLY – 12 week consolidation near highs. srael-based Co develops autonomous driving technology and solutions
and advanced driver assistance systems. Earnings due 4/28

 AESI –Recent IPO, nearing breakout of IPO price at 18 after energy stocks are now rebounding. Provides proppant and logistics services to the oil & natural gas
industry.

XPOF – 7 week consolidation, but near highs. Provides recreational centers, franchised studios that offers boutique
fitness space. Essentially several versions of fitness specialty centers and growing rapidly and profitably. Earnings due 5/2

LTH – 10 week consolidation, moving up right side of base now. Operates health, fitness, and wellness experiences to an individual member. Earnings due 4/25

RELY – 5 weeks tight base near highs.  Provides digital financial services for immigrants through Cross-border remittance and banking services

DV – Back on the list, 4 week tight base near highs. Develops software platform to provide transparency of digital
advertising via 21 offices in 17 countries 

SMCI – 5 week consolidation near highs. Makes application-optimized server systems, chassis, server boards/
power supplies for distributors/OEM’s.

INTA – 4 weeks tight closings near highs. Provides cloud-based and AI-powered software solutions for the
professional and financial services industry

Read up on my various offerings to take advantage of Bull and Bear cycles in the markets below or at Themarketanalysts.com