Stock Reversals | Weekly Stock Market Forecast and Swing Trading Ideas Report
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Weekly Stock Market Forecast and Swing Trading Ideas Report



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

Week of  May 13th 2024


Read up on all 4 Swing Trading and Long Term Research based Subscription Options at TheMarketAnalysts.Com or bottom of this Report

 General Market Summary plus Swing Trade Ideas List: 

Updated David Banister Market and Elliott Wave Views on SP 500 and more plus the weekly swing trade ideas list is at bottom of this report

Markets, Charts and more:   

The S&P 500, Dow and Russell 2000 retook 50-day lines, joining the Nasdaq, as they all moved toward highs – IBD 5/12/24

After a low of 4964 on the ES SP 500 Futures during the correction, we have since rebounded in an Elliott Wave ABC or 1-2-3 fashion.  Towards the end of last week the markets were looking more like a 3rd wave up off the lows was or is possible and if so, that would mean a push up to test the March 2024 highs is possible ahead.

From the March 10th 2024 Weekend Report: Turned out to be prescient advice:

China may also be a good turnaround candidate, we are only long YINN right now in the 3x ETF service. China is universally hated and maybe a good time to take some shots.  I also expect Japan to continue to be in a new bull market cycle.  Gold broke out of a 13 month base pattern I had told everyone about in the 3x service two weeks ago, and took gold stocks up with it.  Bitcoin could run into some triple top resistance around 68k for now, but remains a long term favorite of mine since I recommended it at 27,000 last year.

A short to intermediate top in April will not surprise we as we are seeing Greed levels at pretty big extremes but still room for a few of my indicators to indicate a top ahead yet.

Sector and investing ideas going forward: 

 In the 3x ETF service which was formerly hosted on Stocktwits from Nov 2019 to February 2024, we are doing extremely well in all cycles.  Most recently we took profits of 13% on LABU in 3 days (Biotech Bull) catching the behavioral pattern bottom near 92-94 and selling at 107.  We also made nice quick gains on ERX (Energy) and TQQQ going from 51.50 to 57 for nice 10% gains. We currently are long BITX adding late last week to a longer term Bitcoin 2x Bull position, and we are working into a 1/2 position on semiconductors as well last week. Make sure to join, its $40 a month and gives you ideas outside of individual stocks daily with market forecasts included. for details.

I do like Micro-Caps and Small caps the best moving forward on a valuation and risk reward basis.  I am spotting a ton of values to “buy right” in my service.  We have already had multiple 70-120% gainers in the last 18 months as it stands, but I still see values everywhere.  We have held off on new positions for last few months as the market was toppy, but now a possible new position will be coming out this week related to Crypto and Energy production,  and its an extreme value in my opinion the market is overlooking. Sign up at

2 months ago in March  we closed out a stock for 130% gains, another 1/2 position for 45% gains, and in the recent past closed out TGTX for over 100% gains for the 2nd time in 12 months, and sold COYA For 100% plus gains. All of these sales turned out to be great timing, its one thing to pick a stock for 50-100% potential, it’s another knowing when to sell based on market conditions, not easy for sure.

Futures service has been doing great as well we have seen huge moves in reversals in the past few trades, we are currently long the market again…   ESALERTS.COM for details, and also hosted on

QQQ ETF: Possible 3rd wave up, but we need a strong push soon

BITCOIN MONTHLY: BULLISH STILL 58000 key support- BITX 2x ETF Bull can be played







Swing Trade ideas list is updated at the bottom of this report reflecting current market conditions and relative leaders based on my review of fundamentals and chart patterns both.   

In addition to being a member of various services,  you can follow my comments during the week: 


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

  • 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

5/13/24 Updated list and updated notes on older names as well

New Names updated and some are removed if they broke out and ran or broke down etc… a few names broke out big last week off this list… OSCR, APP, ALCC at one point which we sold at SRP, etc.

HALO – Could break out of 10 month consolidation to highs. Develops recombinant human enzymes and novel oncology therapies that target the tumor microenvironment.

IOT – Back on the list. Consolidating near 52  week highs. Provides an end-to-end solution that allows businesses that depend on physical operations to harness IoT data

IBTA – New Issue, Post IPO 4 week base building. Provides platform allowing brands to deliver digital promotions to
consumers through a network of publishers.

NU – Back on the list, 8 week base pattern. Brazil-based Co operating as a holding Co that provides a digital banking platform and services.

MNSO – Building up right side of base. China based Co operates 5,800 stores located in 90 countries and regions under the brand name MINISO.

ARIS – Back on the list, 5 week base near highs testing 10 week EMA line. Provides infrastructure and solutions to directly help customers reduce their water and carbon footprints.

PINS – Broke out of long base with strong earnings. May consolidate some then move higher. Provides a visual discovery platform that helps users to discover ideas for various projects and interests

MRX – Post IPO base pattern. United Kingdom based financial services co provides liquidity, market access and infrastructure services.

CADL –  SRP Position we sold 1/2 for 8-10% gains last week. 7 week consolidation pattern, speculative but nice chart pattern. “off the shelf” allogenic therapies (CAR-T etc). 

PAAS – Nice consolidation and leading sector precious metals. Canadian company engaged in the exploration, and development of silver and other minerals in Mexico. Needs to hold 18 area

OSCR – Shot higher last week off this list, broke out of that 13 week overall base  Offers health insurance built around a full-stack technology platform focused on serving its members.   

GBDC – 5 week base at highs. Business development company investing in senior secured, one
stop and second lien loans. Would like to see it hold 17 area  

VRT –   SRP Position this week 4/29, we sold 1/2 for 6-7% gains last week.   Strong sector for A.I./Mining Etc. Manufactures and services of digital infrastructure technology for data centers and communication networks. 

TCOM – At or near highs, may consolidate some. Chinese consolidator of hotel accommodations/airline tickets
targeting individual business . Needs to hold 48

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

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 for more details  Track Records available for all services!–  Swing trading Bull or Bear 3x ETF securities only. Hosted on from 2019 to early 2024, and now on our own platform Jan 2024! $395 a year or  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!–   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 2024 YTD Trades– 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. Very volatile movements and not suitable for moderate or low risk investors. 

E-Mini Future Trading Service   ESALERTS.COM $50 a month on Stocktwits from 2018-2024, now on our own platform along with 3 x ETF service!

SP 500 Futures Trading Advisory service.  Formerly hosted on… 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.


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