17 Dec Weekly Stock Market Forecast 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
Weekly Stock Market Forecasts, Charts, and Swing Trading Ideas List and Strategies Report
Week of December 18th 2023
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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 and more:
Per my projections markets continue towards uptrend highs in 2023. I continue with my 4900 SP 500 target. Small caps and Biotech enjoying a rennaisance as interest rates drop making for great sectors to swing trade and invest in both. The tipping point stocks service has benefited with a 70% gain in TGTX in the recent window of time, 70% in COYA, and a strong move up in HIMS for example. Good time to re-join if you are a former member and or join if not. Huge gains can be made during these favorable cycles.
Trading: Stocks, 3x ETF’s, and SP 500 futures services
3x Service banks profits of 19% on SOXL and we remain long TQQQ. SRP stock service took gains on AMPH 1/2 for 8%, ARM for 13%, LMND for 13% this past week. TPS as noted we are up big on several positions taken in the past few months COYA, HIMS, TGTX naming a few.
The 3x ETF service (Just $40 a month and 70% plus success rate since 2019 inception!)
QQQ ETF: NASDAQ 100 running to 2023 highs
IWM ETF: Small caps reverse hard to 2023 highs
Trading Results: See full SRP Stock Swing Trade results 70% success rate since 2009 click below
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:
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- 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
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
12/17/23 Updated list and updated notes on older names as well-
Recent swing list ideas: LMND, ARM, NET, MMYT all moved nicely off this list last week, two of those SRP positions.
Click on Symbol to see Chart for each Stock listed
ALKT – Nice 5 week tight closing base near highs. SRP position on 12/1, we sold 1/2 for 6% gains already, remain long final 1/2. Offers a cloud-based platform that delivers digital banking solutions to U.S. banks and credit unions
IOT – 3rd week on list, 3 weeks tight closing pattern. Breaking out of 6 month base to highs and as I projected 2 weeks ago it would likely consolidate a bit. Provides an end-to-end solution that allows businesses that depend on physical operations to harness IoT data.
SKWD – 4rd week in a row on list. 3 weeks tight closings near highs. Offers commercial property and casualty products and solutions predominantly in the U.S.
HG – 6 weeks post IPO tight base closings and pullback this past week offers potentially better entry. Bermuda-based insurance company offers diverse insurance and reinsurance services to clients worldwide.
DKNG – 5 week overall base, recent 3 weeks tight pattern. Operates an online sports platform that enables users to play fantasy games and win cash prizes.
NET – Nice 8 day consolidation near highs for this Cloud provider with an A.I. focus.
CRSP – Nice pullback on the good FDA news for Crisper Therapeutics. This is likely a good long term entry with their DNA editing therapy getting first approval ever.
ARM – Broke out late this past week, SRP position already took 6-7% gains on 1/2, but still attractive. (Former spinout from Intel). UK-based Co that designs and licenses high-performance, and energy- efficient semiconductor technology.
AMPH – SRP Position 1/2 remainder, 5 weeks tight closings near recent highs, but has room to move yet. 5th week on list Strong earnings report Still room to run on weekly view. Products include the Primatene Mist asthma inhaler and just reported 203% surge in earnings from the year ago period. Sales jumped 50%.
STNE – A re-rating of valuation by Wall Street continues after powerful earnings. Brazilian company provides financial technology solutions for merchants and integrated partners.
BRZE – Back on the list after this ripped higher a few weeks ago off this list. Now a nice 4 week base consolidation. Provides customer-centric interactions between consumers and brands in customer engagement platform.
LPG – Back on list , 7 week overall base with recent 4 weeks tight closings near highs. A global shipper of liquified petroleum gas with Very Large Gas Carriers.
ONON – 7 week overall base, looks poised to run higher. Switzerland-based Co operates in 9,232 retail stores worldwide that offer premium sports shoes and apparel
ACMR – 14 week over all base pattern, could push to highs. Manufactures and sells single-wafer wet cleaning equipment and products for the semiconductor industries.
DT – 3 Weeks tight near highs. Develops software intelligence platform to allow customers to
modernize and automate IT operations.
AMZN – 6 week consolidation near highs. Provides online retail services which enable merchandise and content
to be sold via Amazon.com
FOR – 4 weeks tight closings near highs, low PE high growth rate. Owns, acquires/develops real estate for single-family residential and mixed-use communities in 23 states.
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 2023 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. Very volatile movements and not suitable for moderate or low risk investors.
E-Mini Future Trading Service ESALERTS.COM $50 a month on stocktwits
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 (firstname.lastname@example.org)