Good Day Traders,
Overview & Highlights for On the Radar: On the Radar is intended to provide a short highlight of stocks and ETFs which show promise for the following week. I will publish the “On the Radar” report for that purpose. Two versions will be posted to the website. One for Premium Members who can access the report on a secure webpage. This version will call out specific stocks or ETFs that are on my radar. The second version will include only a list of stocks that turned up on my review of the IBD 50 over the weekend. This will be posted to the Blog portion of the website on the Homepage.
I hope all members will find this new report valuable to your weekend planning.
I have added a new bonus training video for Premium members specifically discussing the Leveraged ETFs on the Active Trend Trading Watch list. Each of the Leveraged ETFs on this list will provide multiple opportunities throughout the year. In addition, by becoming intimate with these entities weekly and daily review time will be greatly reduced and simplified for members!
See this powerful training at:
Upcoming Webinars: At Active Trend Trading we offer three 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 Show—Free 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, Jan 27th
Register now for the next live webinar at the link below:
Register Here: https://attendee.gotowebinar.com/register/8107225178346987265
Time 11:00 a.m. PDT
Next Training Webinar: Jan 25th
For Premium Members, our Wednesday evening training is developing some fantastic traders
Topic: Seasonality tied to the Leveraged ETFs
** Friday’s “Final Hour”: Jan 27th **
Time 12:00 p.m. PDT
For Premium Members, provides trades and set ups during the final hour of weekly trading
On the Radar: With a focus towards Strategy I-Portfolio building, the stocks and ETF’s highlighted below are either at or approaching price levels of that could result in Trade Alerts being generated this week. Traders who trade options could look at these for option trades on proper triggers if entity has good OI for an option string 4-8 weeks out. Check for earnings before jumping into an overpriced option string.
63% of my trading capital has been dedicated to trade Strategy I. My plan for 2017 is to have no more than 2 Growth Stock positions. This will insure capital is available when the Leveraged ETFs set up. The 3x Leveraged ETFs cannot be bought with margin.
I want to stay aware of the Post-Election Seasonality as time proceeds towards the first couple of weeks of February. I do not want to let this chart over bias my decisions. I just want to be aware of the historical track. I will continue to look for proper entry action points but remember that the inertia over the next 6-8 weeks may be favoring a pullback or brief correction. All the Indexes are living off the emotional energy of the forward-looking optimism associated with the new Administration. Again, this will not keep me from entering solid trades, but I want to adjust expectations accordingly.
Outs & Ins on the IBD 50: Eight stocks made their debut on the IBD 50 this week. None of these newbies made the Strong Fundamental sort. At this point they are not of interest.
Stocks that came to the top of the Fundamental Sort include: IDCC, THO, CPE, NVDA, AMAT, UBNT and ESNT. IDCC, NVDA and ESNT look the to be pulling back or consolidating.