IBD 50 & Free On the Radar

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:
Register Here: https://attendee.gotowebinar.com/register/4614023961915264513
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.

Financials, Biotech’s & Oil highlights provided to Premium Members.  If you want training and triggers, become a member. 

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.