Art & Science of Active Trend Trading Report June 30

June 30, 2018

Good Day Traders,

With 1/2 of 2018 now in the books the Markets have provided plenty of excitement, fake-outs, positive and negative moves!  Between tweets, fake news, and tariff saber rattling the indexes seem hardwired to the react mode.  The reactions have been wild and wide or in other words sloppy and choppy.  For the nimble trader willing to take on 1-10 day swing trades for 2-10% gains the current market environment has been very profitable.  Over all the Dow is down almost 2% for the year and the Nasdaq’s showing gains between 8-10%.  Several tradable +10% swings have taken place in each of the Tracking Indexes.  We know the market will eventually find a direction which may very well be to finish 2018 out strongly.

While I wait for the Tracking Indexes gain directional traction I will favor 5-10% moves in NDX and RUT.  Additionally, I will be placing my trades to take advantage of seasonality in both Gold & Oil very, very soon.  The seasonal move on either of these commodities is about 10-14% between now and October.  Don’t miss the move!

Trend Trading Tips:  What do you want out of trading?  This is a question that often goes unanswered with beginning and experienced traders.  If the trader’s reason is just potential gain and excitement trading success will be illusive and challenging!  What about perfect execution of a perfect system?  Again this is illusive and challenging because no trading system is perfect. 

As a trader digs into what they want from trading they can start by seeking a simple and clear system.  A great trend trading system will have a 60-65% win-loss ratio.  It will have a few (5 or less) rules to enter a trade that are clear, simple and objective.  Lastly, focusing on just a few trading vehicles teach valuable skills that will help trading become a profitable way of life.    

You will never be an extra-ordinary trader until you are willing to do what the ordinary trader won’t do!

Bounce Zones for Premium Members: If you are a premium member some very powerful conditional order setup information will soon be available to complement the “Go-No Go” Table each week. Chart showing zones where traders can expect prices to bounce due to supply and demand pressures. What does this mean for Premium members? Charts of our ETFs and Core Stocks with define Bounce Zones will empower you to place conditional orders around these areas for both entry and planned exits. This will be one more way Active Trend Trading will help Premium Traders with limit time for market analysis. Stay tuned for more on this beneficial feature!

Remember to register for the After Market Monday and Making Money Trading Stocks and ETFs each week. In these webinars I will provide 10-12 stock set ups per year. All Levels of ATTS members will receive these trade email alerts. The NEW Composite Watch List provides a sort of all stocks that appeared on multiple Premium IBD Watch Lists this week. Often appearing on multiple list is a sign of strength and identifies a strong long term candidate. New Composite List Provided Below!

Register here to not miss the BONUS Trades or the ATTS Webinar Invitation list:

Running List, Strongest Fundamental stocks on the IBD 50 and the NEW Composite List of Stocks showing up on multiple IBD Watch List on June 30th.

Running List: 144 stocks are on the 2018 Running list. Major swap out this week. Find the list here: Running 6-30

When the new IBD 50 list comes out twice per week I conduct a fundamental sort which results in the top fundamental IBD 50 stocks being identified. The top fundamental stocks for this week are:  VNOM, GRUB & ABMD This sort is provided at:  6-30 Sorted

A new addition to the weekly watch lists for Active Trend Traders is a Composite List of IPOs and Growth Stocks appearing on multiple IBD watch list each weekend. When a stock appears on multiple Premium Lists it can potentially be an indication of excellent strength. The stocks on the weekly Composite List may not be at a sound trigger point but may be worth watching for future entries. I will do an analysis of the list looking for price near potential triggers. Stocks near potential triggers will be highlighted. The top stocks appearing on more than one IBD watch list last week are shown in the table below. The Composite List for this week: Composite  6-30