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 27th 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:   

Some pullback late in the week but markets are consolidating strong gains and hit 2024 uptrend highs recently as projected.  Bitcoin I projected 81,400 in April and after a 13 week consolidation it looks poised to break out soon I think. (See Bitcoin Chart)

NASDAQ 100 has not hit my projections yet and can still move higher. (See QQQ Chart)

SRP Stock Trade Service only has 3 positions open currently but looking to add. We just had a great run of profit taking.

Swing Trade Ideas list always produces winners, that is updated at the bottom of this report with some new names added this week.

Bitcoin and QQQ ETF charts


May 17th- Long Term Banister Wave Count is bullish. Short term we are a bit extended for sure, intermediately we can stretch my 5625-5800 ranges  is your spot to join to add ETF swing trading income from the stock market in bull or bear cycles to your arsenal!  Stock swing trading can be extremely rewarding in the right wave cycles as we just saw this past two weeks here in the service, but 3X ETF trading can also be very helpful as an add on and frankly increase your portfolio swing trade returns with LESS risk NOT more…!  Consider joining or try the 21 day free trial!  See the most recent Track Record 

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  Sign up at  Our next pick will be out shortly.

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






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

5/27/24 Updated list and updated notes on older names as well

BZ – 11 week overall base, broke out two weeks ago and pulling back last week. Chinese-based provider of mobile app BOSS Zhipin, to connect job seekers and enterprises efficiently. Ann. EPS Growth +67% PE 28 Avg.

PDD – Breaking out to highs after multi month consolidation. TEMU parent growing rapidly competing with Amazon etc, PE Ratio on forward earnings only about 12x.

CLSK – 15 week overall base near highs. Could break out if Bitcoin breaks to highs which I have been projecting. Provides bitcoin mining services which own & operate five data centers in Georgia having capacity of 230 MW.

TOST – Pullback may provide better entry opportunity. Provides technology restaurant management platform, hardware,
and software solutions for restaurant sector.

SMFG – Japanese Co provides commercial banking, leasing, securities, consumer finance, and other services in Japan. Japan stock market I had projected to be strong in 2024, so far so good.

SG –  Broke out few weeks ago on strong earnings for this greens salad high tech restaurant chain. Nice consolidation could lead to another upside breakout.

HOOD – 2nd week on list, 8 week base not far off highs (Robinhood). Provides a stock brokerage platform that offers commission-free trading intended to democratize finance.

CLS – Breaking out of 6 week base near highs to highs. Canadian contract manufacturer of electronic products for
healthcare, industrial, aerospace/defense.  May need to pull back some near term.

RXST – 2nd week on list, 4 weeks tight closings near highs. Develops and markets adjustable intraocular lens optimized for every unique eye after a cataract surgery.

HALO – SRP Position as of two weeks ago. 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 –  SRP position as of last week. 10 week base pattern, strong earnings last week pushed this up and now normal pullback. Brazil-based Co operating as a holding Co that provides a digital banking platform and services.

MNSO – 4 week closings tight pattern, some volatility last week.  China based Co operates 5,800 stores located in 90 countries and regions under the brand name MINISO.

ARIS – 2nd week on list.  2 weeks tight closings near highs . Provides infrastructure and solutions to directly help customers reduce their water and carbon footprints.

PINS – 4 week ascending base, 3rd week on list. 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. 

PAAS – 2nd week on list, moved up and broke out late last week. Nice consolidation and leading sector precious metals. Canadian company engaged in the exploration, and development of silver and other minerals in Mexico.   

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.


Contact Dave with any questions (

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