On the Radar

This page is updated on Sunday’s or Monday’s if stocks or ETFs on our Private Watch List are approaching proper buy points. 

May 1, 2017

Good Day Traders,

Overview & Highlights for On the Radar:  With earnings coming up on TSLA, COMM and WB focus tonight’s On the Radar the plan for each of these prior to earnings.

On the Radar: TSLA reports earnings AMC on Wednesday, May 3rd.  My intention is to wait until Wednesday to sell a Call and Put position against the Strategy III straddle.  This position has almost met the objective of earning 100%.  If by Wednesday the 100% objective has been reached, I will close the long 2018 TSLA LEAPS Straddle.  If price action moves over the $330 level the gain will be very close to achieving the target return.  If this position is closed, I will establish a new position on TSLA within two weeks.

COMM reports out on 5/4 BMO (Before Market Opens) which means this position must be closed by the close on May 3rd.  I will have tightened the trailing stop on the remaining shares of COMM to 41.70 OCO order in place to close just before the close on May 3rd.  If price action moves above 43 I will adjust the trailing stop up to the 42.75 level.

WB reports on 5/11 AMC.  Setting trailing stop at 53.30 and will adjust profit targets if 58 is reached.

I’m leaving the information about the four leveraged ETFs I’m following from past weeks.  We can standby on several of them as we move towards the time of year where they start to move.  While this has not been a typical year seasonality wise the expectation is that there will still be buying opportunities coming for each in the months defined below.

Gold:  Tends to rally in June or July with the rally lasting until late August or early September.  This coincides with the seasonal weakening in the dollar.  Last year NUGT rose of 150% during this rally.  While we do not know if a similar move will take place this year, I will look for buying opportunities in the June and July. Between now and July I would like to see Seasonality kick in. Then I will enter a full positon up to a double position.

FinancialsTends to rally through the end of April, but has lagged this year.  Price is looking for support at the 100-day moving average so a move up through the end of April may take place.  The biggest move in the Financials tend to take place in October.  Last year FAS moved over 50% from late October through the end of the year. 

Biotech’s:  Tends to rally in June-July through the end of the year.  IBB is showing a reversal from a lower high.  Last year LABU provided two 80% moves between June and December. LABU is on my list today for potential buys.

Oil:  Tends to rally after February, but not this year.  Oil has not been following the seasonal pattern.  Last year UCO had multiple runs of over 40% between April and December.  Currently price is stuck in a range on UCO between the 16 and 24 levels.  No buy or sell signals presently in play.


 

Outs & Ins on the IBD 50: CSX and MDSO joined the IBD 50 this weekend.  CSX recently broke out after earnings but doesn’t provide a solid technical pattern. 

The stocks that rose to the top of the Fundamental Sort were: AEIS, LRCX, CGNX and ANET.  Remember we are in the midst of earnings season.  We’ll see how well AEIS & CGNX tomorrow after reporting today! 

 

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April 24, 2017

Good Day Traders,

Overview & Highlights for On the Radar:  Great quote today from Tom Sosnoff, “Wealth creation is a derivative of mechanically addressing opportunity.”  In other words, have an above average mechanical system and then use it.  Takes patience, persistence and perseverance.

Our entries into FAS, TQQQ and COMM are looking good going into this week.  Some profits taken so will look for a pullback to add to the remaining position and carry a trailing stop on each of these.

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

After Market Monday’s—Free Fast Paced Webinar every Monday after the Market closes at 1:10 p.m. PDT.  Invitations are posted weekly at:  https://www.facebook.com/ActiveTrendTrading/

How to Make Money Trading Stock WebinarFree 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, April 28th
Register now for the next live webinar at the link below:
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Time 11:00 a.m. PDT

 Next Training Webinar: April 26th
For Premium Members, our Wednesday evening training is developing some fantastic traders
Topic:  Using ATTS Entries for Options

 ** Friday’s “Final Hour”: April 28th  ** 
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 today’s opening gap many stocks and ETFs went along with the Indexes and are now extended away from the moving average.  Thus, they are not in ideal entry positions.  Very pleased with last week’s selection of stocks and ETFs.  Each came out of the entry on 4/18 and have either hit our resistance targets or better.  With today’s power move on the Indexes we could be in for a few more days of upside both on the Indexes and our current holdings.

I’m leaving the information about the four leveraged ETFs I’m following from past weeks.  We can standby on several of them as we move towards the time of year where they start to move.  While this has not been a typical year seasonality wise the expectation is that there will still be buying opportunities coming for each in the months defined below.

Gold:  Tends to rally in June or July with the rally lasting until late August or early September.  This coincides with the seasonal weakening in the dollar.  Last year NUGT rose of 150% during this rally.  While we do not know if a similar move will take place this year, I will look for buying opportunities in the June and July. Between now and July I would like to see Seasonality kick in. Then I will enter a full positon up to a double position.

FinancialsTends to rally through the end of April, but has lagged this year.  Price is looking for support at the 100-day moving average so a move up through the end of April may take place.  The biggest move in the Financials tend to take place in October.  Last year FAS moved over 50% from late October through the end of the year.

 Biotech’s:  Tends to rally in June-July through the end of the year.  IBB is showing a reversal from a lower high.  Last year LABU provided two 80% moves between June and December. LABU is on my list today for potential buys.

Oil:  Tends to rally after February, but not this year.  Oil has not been following the seasonal pattern.  Last year UCO had multiple runs of over 40% between April and December.  Currently price is stuck in a range on UCO between the 16 and 24 levels.  No buy or sell signals presently in play.

TSLA was upgraded with an upside target of $368.  In addition, there is a measured target just above $330.  TSLA continues to march to its own drummer regardless of what the Indexes are doing.  Can it gain another $50 in the near term?  Yes, it can, but will an opportunity appear to jump onboard?  We shall see!  The Strategy III trade on TSLA is pushing over 75% so if it hits 85% – 100% return I will close out the long LEAPS straddle and then buy back in for another ride.  Waiting for a short-term signal that typically fires off weekly.

Other stocks/ETFs “On the Radar” include TNA or TQQQ for an add to, LABU triggered today, WB and FAS need a pullback to add to the exiting position.


Outs & Ins on the IBD 50: QIWI added to the list this past weekend.

The stocks that rose to the top of the Fundamental Sort were: COHR, LRCX, CRUS, AMAT, ESNT, SBCF and NTRI.  If any of these setup for an entry, double check earnings date before pushing the “GO” button.

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April 10, 2017

Good Day Traders,

Overview & Highlights for On the Radar:  Great quote today from Tom Sosnoff, “Wealth creation is a derivative of mechanically addressing opportunity.”  In other words, have an above average mechanical system and then use it.  Takes patience, persistence and perseverance. 

I’m posting Mike’s Macro Market Musing in On the Radar this week because it is time sensitive.  Good Stuff—Sell in May and Go Away?

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

After Market Monday’s—Free Fast Paced Webinar every Monday after the Market closes at 1:10 p.m. PDT.  Invitations are posted weekly at:  https://www.facebook.com/ActiveTrendTrading/

How to Make Money Trading Stock WebinarFree 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, April 13th
                                 Friday the Market is Closed in Honor of Good Friday
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Time 11:00 a.m. PDT

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Topic:  ATTS Rules—By the Numbers Part 2

** Friday’s “Final Hour”: April 13th  ** 
Time 12:00 p.m. PDT
For Premium Members, provides trades and set ups during the final hour of weekly trading.


On the Radar: It’s good to get away from the market every occasionally.  I try to take a week off 4 times per year on the months that have approximately 5 trading weeks or close to it.  I’m back from that respite and ready for another quarter!  I’m going to leave up the seasonality information from last week. 

Gold:  Tends to rally in June or July with the rally lasting until late August or early September.  This coincides with the seasonal weakening in the dollar.  Last year NUGT rose of 150% during this rally.  While we do not know if a similar move will take place this year, I will look for buying opportunities in the June and July.  If the market continues to fade presently look for NUGT to continue at least a short-term rally.  I am long a small position in NUGT entered on March 31st.  I closed ½ of this position at 10.10 for an 11% gain. Between now and July I would like to see Seasonality kick in. Then I will enter a full positon up to a double position.

FinancialsTends to rally through the end of April, but has lagged this year.  Price is looking for support at the 100-day moving average so a move up through the end of April may take place.  The biggest move in the Financials tend to take place in October.  Last year FAS moved over 50% from late October through the end of the year. 

 Biotech’s:  Tends to rally in June-July through the end of the year.  IBB is showing a reversal from a lower high.  Last year LABU provided two 80% moves between June and December.  The 50 day EMA is flat so price could continue to move in a horizontal range until mid-year. LABD may be the ETF of choice on continued weakness if one wants to trade both ways. 

Oil:  Tends to rally after February, but not this year.  Oil has not been following the seasonal pattern.  Last year UCO had multiple runs of over 40% between April and December.  Currently price is stuck in a range on UCO between the 16 and 24 levels.  No buy or sell signals presently in play.

TSLA was upgraded today with an upside target of $368.  It also became the most valuable Auto Maker in the USA!  Since it began its run last November there was one pullback and then a couple of short pauses.  If this price action continues, I want to wait for the pause or pullback and then load up.  TSLA continues to march to its own drummer regardless of what the Indexes are doing.  Can it gain another $50 in the near term?  Yes, it can, but will an opportunity appear to jump onboard?  We shall see!  The Strategy III trade on TSLA is pushing over 75% so if it hits 85% – 100% return I will close out the long LEAPS straddle and then buy back in for another ride.

Other stocks/ETFs “On the Radar” include FAS, TNA, AMAT, WB and MOMO. 

Mike’s Macro Market Musings: Sell in May and Go Away?

The concept of seasonality has arisen with regularity in recent weeks and months as it might apply not only to equity markets but to other entities as well.  And for good reason – there are seasonal tendencies in many financial markets that tend to repeat themselves over time frames of many years and even decades and therefore can reasonably be relied upon to continue doing so.  Does this mean that every time period is guaranteed to perform according to the long term proven track record?  Of course not.  Tendencies are formed as long term averages of distinct data points, each independent of the others.  However, as investors and traders, the best we can do is be aware of probabilities and try to act on opportunities that present the highest probabilities in our favor while minimizing the risks associated with said opportunities.  And historical tendencies can certainly help us in this regard.

Since our focus tends to mostly be on the U.S. equity markets, there is fortunately a wealth of data we can analyze and refer to in order to determine tendencies and probabilities.  The well worn cliche of “sell in May and go away” is one of these.  Cliches, while often easily dismissed, are often based in real and repeatable factual experience.  So let’s take a look at the applicable historical tendencies that underpin this particular cliche and see if there might be something to it, rather than just accepting it prima facie.  Some of the following information has been previously presented, but since May is rapidly approaching, an update seems to be timely and appropriate.

The following data should illustrate the effectiveness (or not) of a long term investing strategy that involves being actively engaged in and exposed to U.S. equity markets from the months of November through April while being relatively disengaged from May through October over a period of 60 years from 1957 – 2016:

We can certainly see from just a casual visual examination that a hypothetical $10,000 account in 1957 grew much more robustly being invested in the S&P 500 from November – April than it would have had it only been invested during the months of May – October.

It is certainly possible to determine the profitability factor or expectation of a “sell in May’ strategy utilizing the above data in order to more accurately determine its efficacy or robustness.  In order to keep the arithmetic simpler, I will employ a bit of rounding for the following calculations.  For the time period of November – April, there is a 73% chance of earning 10.5% and a 27% chance of losing 6.05%, resulting in an expectation or profitability factor of 4.72, meaning that over the 60 year time frame of this data collection you would have earned $4.72 on your winning trades for every $1 that you lost on your losing trades (keeping in mind that any system or strategy with a profit factor over 2 is generally considered to be pretty robust and worthy of consideration and that a profit factor less than 2 is probably not worthy of further exploration).  For the months of May through October, there is a 65% chance of earning 7.27% and a 35% chance of losing 8.91%, resulting in an expectation or profitability factor of 1.5, still an overall long term profitable proposition but nowhere near as robust as the November – April time period expectation of 4.72 in terms of long term growth of wealth.

Does this necessarily mean that the markets are destined to decline during the months of May – October of 2017, as the “sell in May” cliché would seem to dictate?  Not at all.  We can’t possibly know that right now, nor can we know with any degree of certainty that November 2017 – April 2018, will be unquestionably positive for the U.S. equity markets.  What we can know is that over long periods of time an investing strategy that dictates full exposure to the equity markets during the months of November – April while lighter to no exposure during the months of May through October will certainly put the odds in our favor of growing longer term investing accounts, thus at least partially validating the “sell in May” cliché and the concept of seasonality in the U.S. equity markets.

Something to think about.
Outs & Ins on the IBD 50: No new stocks added to the IBD 50 this past weekend.

The stocks that rose to the top of the Fundamental Sort were: AMAT, CRUS, NTRI and ESNT.  Others of interest include: WB, AEIS and MOMO.

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April 3, 2017

Good Day Traders,

Overview & Highlights for On the Radar:  Patience and persistence are key traits of successful traders.  Tonight, I highlight the key time periods on the leveraged ETFs when they tend to move.  During these seasonal moves each of the ETFs we follow moved in the high double or even triple percentages.  Our objective be in the right place at the right time and capture some of these moves. 

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

After Market Monday’s—Free Fast Paced Webinar every Monday after the Market closes at 1:10 p.m. PDT.  Find you invitation at:  https://www.facebook.com/ActiveTrendTrading/

How to Make Money Trading Stock WebinarFree 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, April 14th
Register now for the next live webinar at the link below:
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Time 11:00 a.m. PDT

Next Training Webinar: April 12th
For Premium Members, our Wednesday evening training is developing some fantastic traders
Topic:  ATTS Rules—By the Numbers Part 2

** Friday’s “Final Hour”: April 14th  ** 
Time 12:00 p.m. PDT
For Premium Members, provides trades and set ups during the final hour of weekly trading.

On the Radar: I’m out of the office this week but will be following up with reports and alerts when appropriate.  No webinars this week due to poor internet connection and low bandwidth.  Interesting action in the market today.  SPX & NDX held up well, but Rut held at the lows rather than bouncing.  Tonight, I want to remind everyone of the timing we expect for the four ETF categories we’re following.  These include Gold, Financials, Biotech’s and Oil.  I will highlight the time of year they usually start to perform best so all can start getting ready.

Gold:  Tends to rally in June or July with the rally lasting until late August or early September.  This coincides with the seasonal weakening in the dollar.  Last year NUGT rose of 150% during this rally.  While we do not know if a similar move will take place this year, I will look for buying opportunities in the June and July.  If the market continues to fade presently look for NUGT to continue at least a short-term rally.  I am long a small position in NUGT entered on March 31st.

FinancialsTends to rally through the end of April, but has lagged this year.  Price is looking for support at the 100-day moving average so a move up through the end of April may take place.  The biggest move in the Financials tend to take place in October.  Last year FAS moved over 50% from late October through the end of the year. 

Biotech’s:  Tends to rally in June-July through the end of the year.  IBB is showing a reversal from a lower high.  Last year LABU provided two 80% moves between June and December.  The 50 day EMA is flat so price could continue to move in a horizontal range until mid-year. LABD may be the ETF of choice on continued weakness if one wants to trade both ways. 

Oil:  Tends to rally after February, but not this year.  Oil has not been following the seasonal pattern.  Last year UCO had multiple runs of over 40% between April and December.  Currently price is stuck in a range on UCO between the 16 and 24 levels.  No buy or sell signals presently in play.

TSLA pushed up to a new high today and may test 280 tomorrow.  There is neither a long nor short entry at this point.  For Strategy III traders, the TSLA position with the residual value of the long LEAPS is up over 60%.  If it gets up to between 90%-100% I will sell the position and re-enter with a new LEAPS straddle at the money.  For Strategy I & II traders, look for a pullback into support at either the 8/20 day EMA combo or a breakout level between 287 & 291.

Many stocks and ETFs are showing a divergence between daily and weekly charts.  Daily’s look ready to turn up while the weeklies look ready to continue a drop.  When this happens a bounce and then rollover is a common outcome.

Outs & Ins on the IBD 50: TEDU makes its debut on the IBD 50 this past weekend.  This is a low volume stock and not of interest currently.

The stocks that rose to the top of the Fundamental Sort were: COHR, AMAT, ESNT, SBCH and NTRI.  NVDA, NTES and WB are worth watching for pullbacks and bounces.

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March 26, 2017

Good Day Traders,

Overview & Highlights for On the Radar:  Active Trend Trading memberships dues increase on April 1st for new members.  If you already are a Premium member we will keep our promise of never increasing fees if you maintain an active membership.  If you join this week you can take advantage of the current discounted price of $32.99 for the monthly membership. 

Join Here:  http://activetrendtrading.com/monthly-membership-introduction/

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

After Market Monday’s—Free Fast Paced Webinar every Monday after the Market closes at 1:15 p.m. PDT.  Find you invitation at:  https://www.facebook.com/ActiveTrendTrading/

How to Make Money Trading Stock WebinarFree 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, March 31st    
Register now for the next live webinar at the link below:
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Time 11:00 a.m. PDT

Next Training Webinar:  March 29th        
For Premium Members, our Wednesday evening training is developing some fantastic traders
Topic:  ATTS Rules—By the Numbers

** Friday’s “Final Hour”: March 31st   ** 
Time 12:00 p.m. PDT
For Premium Members, provides trades and set ups during the final hour of weekly trading.

On the Radar:  If current futures hold the market will open down tomorrow in reaction to the “no vote” on healthcare.  Market’s don’t like uncertainty, so if Paul Ryan was unsuccessful with healthcare, there will be doubts of his leadership ability going into tax reform.  So, what do we do?  Wait for the reaction to work its way out.  If prices do open hard down this often sets up a quick bounce.  At this point this bounce may prove to be an opportunity to get short the Indexes by either buying Puts on SPY, QQQ or IWM.   Another way to trade a selloff would be buy the inverse leveraged ETF’s which would be SPXU, SQQQ or TZA.  I would lean more towards SPXU or TZA if selling continues, but wait for pullback move into the moving averages on either 1-2 Hour intraday or daily charts.

Gold:  Goldminers may benefit from an Index selloff.  Keep watching the US Dollar if it tanks with the Index then Gold should have a positive reaction.  Watch either NUGT or JNUG if gold bounces.  I’ve added the minor miners to the ETFs for Gold.  These include JNUG and JDST.  Both are very liquid but will swing more than NUGT or DUST so position size appropriately.

Biotech’s:  IBB is showing a bearish flag pole or ledge like formation.  If prices drop 287.51 then look for further downside.  This makes LABD the EFT of choice on further weakness in the Biotech’s.

TSLA remains on the watch for weekly and monthly moves.  ESNT continues to base and has held above the 50 day EMA.  The challenge is being ready to enter given we were just stopped out of ESNT

Many stocks and ETFs are showing a divergence between daily and weekly charts.  Daily’s look ready to turn up while the weeklies look ready to continue a drop.  When this happens a bounce and then rollover is a common outcome.

Outs & Ins on the IBD 50:   VMW makes its debut on this year’s IBD 50 list.  VMW has appeared on the list several times over the past few years.  VMW failed to raise to the top of the Fundamental Sort on this week’s list.  If a stock doesn’t rise to the top of the sort should we not trade it?  It depends on how many stocks that did reach the top of the Sort and the type of patterns the non-top notch growth stocks shows.  Some stocks like TSLA have poor fundamentals but outstanding technicals.  The have large ranges each week that can provide ample opportunities for profitable swing trades.  While I would like to buy the top-notch, growth stocks based on the Fundamental Sort, there can be times when other stocks can be acceptable.  One way we’ve found around this issue it by trading leverage ETFs from the Premium Watch List.  This opens some great opportunities that are less dependent on fundamentals.

The top stocks from the Fundamental Sort this week were:  AMAT, ESNT and NTRI.

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March 12, 2017

Good Day Traders,

Overview & Highlights for On the Radar:  The big news for the week will be how hawkish will the Fed be at its meeting this week.  The Indexes may be tenuous waiting to see what the Fed reports on Wednesday.  The jobs report Friday was above expectations so the higher rates at this meeting may result.  Last rate hike resulted in very little negative pressure on the Trump Rally.  Will the same thing happen this time?

Starting the week of March 19th, the format of the How to Make Money Trading Stocks webinar will change to a shorter webinar twice a week.  Because your time is important, I want to pack a quicker paced and shorter webinar in to approximately 10-15 minutes.  It will include brief market update and a highlight of at least one trading opportunity.  The first webinar would be on Monday’s shortly after the market closes to help prep for the week.  The second webinar will be on Friday with a quick rehash of how the weekly plan turned out.    If you have any comments or suggestions, please email me at: dww@activetrendtrading.com

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 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, March 17th
Register now for the next live webinar at the link below:
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Time 11:00 a.m. PDT

Next Training Webinar:  March 15th       
For Premium Members, our Wednesday evening training is developing some fantastic traders
Topic:  Two “Go-No Go” Indicators

 ** Friday’s “Final Hour”: March 17th   ** 
Time 12:00 p.m. PDT
For Premium Members, provides trades and set ups during the final hour of weekly trading.


On the Radar:  I’m long ESNT in Strategy I: Portfolio Building.  This week the Fed may raise interest rates again so the market may be wishy-washy through Wednesday.  Not in a hurry to entry anything long but if signals appear taking the trade is appropriate.

Strategy I:  NUGT flashed a TSI tick-up on Friday from support at the 7.40 level.  Sellers did come in just below the 8 day EMA at 8.36.  I would like to see a retest in between 8 and 7.40 prior to entering a trade.  Watch the Dollar Index.  If it weakens then gold should strengthen. Intraday there is support at the 7.80 level so a test there could trigger a trade to the upside.

TSLA may be showing a Bear Flag.  Trigger short below 242 or at the 8/20 EMA combo.  BEAT just triggered long so pullbacks to the 8 day EMA would provide an entry trigger.

LABU is respecting the 8 day EMA.  IBB the non-leveraged ETF for the Biotech’s is setting at a support/resistance zone if it breaks out successfully LABU will go along for the ride.  Look for bounces at the 8 day EMA on LABU.

FAS has pulled back to support at the 20 day EMA.  Wait for the TSI tick-up for a potential entry.  If the Fed raises rates that may be good for the Financials.

Outs & Ins on the IBD 50:   EFX & SSNC make their debut the IBD 50 this week.  Both stocks are coming out of a consolidation pattern.  Neither ranked in the top 10 stocks from the weekly Fundamental Sort.

The top three stocks from the week’s sort were: AVGO, AMAT & ESNT.  Others just out of the top of the sort include: PAYC, AEIS, CGNX, BEAT, NTES & NVDA.  I’m long ESNT waiting for momentum propel prices.  AMAT and AVGO have already made their moves.  BEAT & NTES look promising.  NVDA is looking for a bottom, but needs to retake the 50 day EMA.


February 26, 2017

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.

See the newest Bonus Training video on the TSI-Uptick.

 

See this powerful training at:

http://activetrendtrading.com/tech-tip-tsi-wait-for-it/

 

 

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 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, March 3rd  
Register now for the next live webinar at the link below:
 Register Here:  https://attendee.gotowebinar.com/register/385843200414302723
Time 11:00 a.m. PDT

Next Training Webinar:  March 1st        
For Premium Members, our Wednesday evening training is developing some fantastic traders
Topic:  Early Warning Updates

 
** Friday’s “Final Hour”: March 3rd   ** 
Time 12:00 p.m. PDT
For Premium Members, provides trades and set ups during the final hour of weekly trading.

On the Radar:  I closed out IDCC and DUST last week for a good return.  IDCC reacted violently to the downside after reporting earnings.  The unknown of earnings is one reason I do not like holding over holdings unless up more than 10%.  NVDA was disappointing due to a downgrade after I entered.  Stopped quickly!

Strategy I:  If gold goes into a swoon DUST will pick up.  Watch for a move up from  current consolidation.  Bounces from the 8 day EMA provides a long opportunity.

TSLA needs to stabilize after earnings.  Will look for entries for all three Strategies.

Remember we have an open order to buy THO which cancels itself on March 1st.  This may need to be readjusted the trigger for a bounce off the 8 day EMA.  ESNT looks very promising between the 33.75 to 34 level.  The other thing that could trigger a trade would be a tick up on the TSI.

Outs & Ins on the IBD 50:   COR and SBGI make their debut on this week’s IBD 50 list.  Neither of these made the cut when sorted for strongest Fundamentals.

Stocks that made the cut this week included THO, AMAT and ESNTESNT has pulled back and may provide an entry soon.  Other stocks of interest include NVDA, THO and MOMO.

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.


For our all Active Trend Trading Members here’s how I will utilize my trading capital

Trading Capital Setup and Position Sizing:  This year the Active Trend Trading starts from a baseline of $116,600

–          Each trader must define their own trading capital to properly size trade positions to meet their own risk tolerance level!

–          Strategy I:  Capital Growth—60% of capital which equates to approximately $140K at full margin.  This strategy trades IBD Quality Growth Stocks and Select Leveraged ETFs.  Growth Target 40% per year.

–          Strategy II:  Short Term Income or Cash Flow—10% of capital or $10K.  This strategy focuses on trading options on stocks and ETF’s identified in Strategy I.  The $10K will be divided into $2K units per trade.

–          Strategy III:  Combination of Growth and Income—30% of capital or up to $34K.  This strategy will use LEAPS options as a foundation to sell weekly option positions with the intent of covering cost of long LEAPS plus growth and income.

–          The $70K Strategy I portion of the trade account is split into 4 positions.  I will use up to 2 stocks and  2-4 leveraged Index ETF.  Actual number of shares will vary of course depending on price of the entity traded and amount of margin available.

–          Naked Puts or short term options strategies will be used occasionally for Income Generating Positions

–          None of the trade setups are recommendations to trade only notification of planned trades from set ups using the Active Trend Trading System.  Each trader is responsible for establishing their own appropriate risk level if they decide to parallel trade.

–          The Active Trend Trading System objective is to provide a clear and simple system designed for members who work full time.

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