Art & Science of Active Trend Trading Free Report 10-16

Good Day Traders,

Overview & Highlights:  Premium members who tuned in to the “Final Hour” webinar during the final trading hour on Friday observed how I set up the Strategy III Income trades.  We successfully placed two trades that filled during the final hour.  One added feature in this week’s will include sending out the Text Alert for members who were unable to attend.  This will give all a chance to trade along with Strategy III if they choose.  Feedback from members in attendance was exceptional.

Webinars:  At Active Trend Trading we offer two webinars per week to provide training plus trade and market updates.  See the schedule below for the next webinars.

The How to Make Money Trading Stock ShowFree Webinar every Friday at 11:00 a.m. PDT.   This weekly live and recorded webinar helped traders find great stocks and ETF’s to trade with excellent timing and helped them stay out of the market during times of weakness.

How to Make Money Trading Stocks on Friday, Oct 21st   
Register now for the next live webinar at the link below:
 Register Here:  https://attendee.gotowebinar.com/register/4129966163072750594
11:00 a.m. PDT

Next Training Webinar:  Oct 19th    
For Premium Members our Wednesday evening training is developing some fantastic traders!
Topic:  Building a Strategic Plan—Pulling it all Together Part 2


Strategy Summary for week ending 10/14

Strategy I: Portfolio Building Weekly Results Week ending 10/14:
JUNO: Loss of $353.40
NUGT: Profit of $262.20

Strategy III Weekly Results Week ending 10/14:
SPY:  Profit of $766.00
TSLAProfit of $214.00
NUGTProfit of $310.00

General Market Observation:  Each of the Indexes finished down last week.  It appears that drifting sideways to slightly down may be par for the course until after the next Fed meeting and the Elections on November 8th.  Daily Momentum and TSI on each Index continues to drift lower below the ‘zero’ line.  Each of the Indexes related ETF provided weekly trade opportunities but directional trades are often completed within a day.  The next day prices reverse and eat up the previous day’s move.  It has been a good time to sell weekly option premium at support or resistance and hold on.  This provides income trades for the week with measured risk.

It still appears that the US Stock Market continues to be the only game in town, but what happens if that stops.  The Indexes have been telegraphing their potential negative move when interest rates increase.  Instability overseas is also providing bubbles of concern.  China, Germany, the EU and other tensions are adding to the weight currently on top of this market.  Add to this the outflow of funds that has been going on for a while.  The SPDR S&P 500 exchange-traded fund (SPY), one of the most popular ways for investors to play the U.S. equity market, saw more than $1 billion in outflows this week, the most of any ETF, according to FactSet data.  Money managers also took last week as an opportunity to lock in profits for the fourth quarter prior.  Our best bet at this time is to continue trading what the charts are giving us and right not that is movement between a support and resistance.

The daily chart of the SPX below shows price action is contained within the identified support and resistance.  If there is a hiccup towards support price may seek a lower range.  I will watch the Indexes most of Monday and then start planning trade once a weekly course is set.  SPX remains the weakest of the three Tracking Indexes.

NDX is the strongest of the Tracking Indexes.  The 50 day EMA held last week but the 8/20 is close to a negative cross.  RUT is close to showing weakness equal to the SPX.  Weekly oscillators for each Index show that more downside would not be surprising.  Remember current price action can result in quick and deep plunges to lower levels of support.  How the Indexes rebound from these plunges will be a good indication of overall Index health.

spx-10-14

SPX:   Downside Market Short the SPY, SPY Puts or SPXU.
Preferred Long ETF’s:  SPY, UPRO and SPXL

NDX:   Downside Market Short the QQQ, QQQ Puts or SQQQ.
Preferred Long ETF’s: QQQ and TQQQ

RUT:   Downside Market Short the IWM, IWM Puts or TZA.
Preferred Long ETF’s:  IWM and TNA

The How to Make Money Trading Stock ShowFree Webinar every Friday at 11:00 a.m. PDT.   This weekly live and recorded webinar helped traders find great stocks and ETF’s to trade with excellent timing and helped them stay out of the market during times of weakness.

How to Make Money Trading Stocks on Friday, Oct 21st   
Register now for the next live webinar at the link below:
 Register Here:  https://attendee.gotowebinar.com/register/4129966163072750594
11:00 a.m. PDT

To get notifications of the newly recorded and posted How to Make Money Trading Stocks every week subscribe at the Market Tech Talk Channel:   https://www.youtube.com/c/MarketTechTalk

–   The Active Trend Trader Referral Affiliate Program is ready.  For more information or to become an Affiliate please register here:  http://activetrendtrading.com/affiliates-sign-up-and-login/

 

Index Returns YTD 2016

index-10-14

ATTS Returns for 2016 through Oct 7, 2016

atts-ytd-10-14

Percent invested initial $100K account:  Strategies I & II invested at 11.0%; Strategy III invested at 20%.

atts-10-16a

Current Strategy Performance YTD (Closed Trades)
Strategy I:  Up $525.60 or +0.75%
Strategy II:  Up $3187.00 or +3.18%
Strategy III:  Up $27,269.00
Cumulative YTD:  30.98%

Active Trend Trading’s Yearly Objectives:
–          Yearly Return of 40%
–          60% Winning Trades
–          Early Warning Alert Target Yearly Return = 15% or better

For a complete view of specific trades closed visit the website at:  http://activetrendtrading.com/current-positions/

Outs & Ins:   SCHW and TSM make their debut on this year’s IBD 50.  Both have been on the list in past years so it appears they may have completed a rotation.  Schwab has earnings before the opening on 10/17 and has run over 30% since July.  TSM just reported a weathered earnings well.  Since late June it is up close to 30%. This can be one of the frustrating issues with the IBD 50.  Often stocks are added to the list after a big run.  There’s a couple ways of working with this reality.  First if the stock looks like it will continue to do well added to your list and then simply wait for pullbacks.  Secondly, continue to monitor the added stock but look for other stocks that are closer to proper entry points.

Earnings on the IBD 50 cover most of the stocks over the next 2-4 weeks.  With weakness in the market several IBD stocks are pulling back into a consolidation.  With a favorable market conditions these could rebound quickly.  These include: GIMO, GRUB, NVDA, ULTA, THO, VEEV, PRAH, IPHI, WOOF, COR and PLNT.

in-out-10-14

Share Your Success:  Many of you have sent me notes regarding the success you are having with the Active Trend Trading System.  Please send your stories to me at dww@activetrendtrading.com or leave a post on the website.   Thanks.

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