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- TRUE MARKET LEADER
Victor Sperandeo
“The key to trading success is emotional discipline. If intelligence were the key, there would be a lot more people making money trading… I know this will sound like a cliche, but the single most important reason that people lose money in the financial markets is that they don’t cut their losses short.
MOVING AVERAGES USED |
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REDLINE = 50 DAY MOVING AVERAGE |
GREENLINE = 10 DAY MOVING AVERAGE |
PINKLINE = 21 DAY MOVING AVERAGE |
This week the stock market ended the week in bullish mood as the S&P 500 for the first time closed above the 5,000 level on Friday. More key firms are now set to report earnings in the coming week.
The Nasdaq move up 1.3% on friday and ended the week up a 2.3%. We may have pullback coming into the nextweek as the index has moved up in 14 out of the past 15 weeks. The Nasdaq index now has the 16,000 level in its sights as it sits above all its short term moving averages (10 and 21-MA)
The S&P 500 raised 0.6%, making another all-time high in the bargain. while making 1.4% as its weekly gain of means it is almost 5% above the key 10-week MA . The benchmark index is also up more than 5% for the year so far.
We can expect pullback to the suppport which was the previous resistence .i’m asking you to continue take most of your profits at 20-30% ,And rotate your money to the fastest moving stocks.
HERE ARE LIST OF STOCKS WHICH I HAVE BOUGHT OR I’M LOOKING TO BUY ONTO THIS WEEK. |
MY STOCK PERFORMANCE RATING IS A+,A,B AND C WITH A+- BEING THE TOP AND C-BEING NORMAL. |
I HAVE MORE THAN ONE TRADING ACCOUNT SO WHEN I’M SAYING I HAVE A POSITION THIS MEANS IN ONE OF MY TRADING ACCOUNT. |
MOVING AVERAGES USED |
REDLINE = 50 DAY MOVING AVERAGE |
GREENLINE = 10 DAY MOVING AVERAGE |
PINKLINE = 21 DAY MOVING AVERAGE |
RATING: A I bought my first position (5%) on wednesday before ER ,and added 20% after ER gap up,Great company with both fundamentals and technicals patterns.Best IBD mutual fund has been accumulating shares of this company since last year,remember institutions are not doing daytrading.
RATING:A I dont have position on this but for those have a position this stock,i want to let you know that is one of my four star stock it has everything you want to see on the best company.keep holding and pay attention to it.
RATING: B I have a position on this although the stock has too much overhead supply but as long the demand of the stock is increase day over day we can overcome the supply provided to the market,i bout the stock at the pivot point.
RATING: B I sold my whole position before and after ER,and relocated my money to the fastest moving stocks such as ARM and MDB,Thats is what your required to do ,send your money to the fastest moving company.
RATING: B I bought the stock on thursday after the stock crossed the short term moving average (10 and 21) .I will add 5% at the pivot point,the stock has best fundamentals and positive future earning expectations.
RATING:A I have a position on this bought when it was crossing the short term consolidation (redline), positive future expectation and triple digit EPS will push this stock upside. let see how will act in the nextweek
RATING: B I sold my whole position on this and used the proceed buy the fastest sctocks.slow moving stock for me.its a pass may change in a character happen .
RATING:A I still have my position on this stock and i will continue to hold until change in character happen ,the whole industry group of this company is performing well .one of the stock everybody wish he/she had bought more shares.
RATING: A Bought this stock after EPS gap up,best fundamentals and technicals,triple digit and double digit sells.positive earning expectations and volume extremely high on the gap-up . best stock and worth paying attention to.
RATING: A I have a position on this ,the stock has both good fundamental and technical analysis.and the whole industry group performing well.although we have negative earning expectatios. will see how the stock will continue to act.
RATING:A I saw the stock on IBD STOCKS ON THE MOVE ,the stock had huge volume (600+) as moved past the pivot point. The company has good fundamentals (triple digit EPS) .I will continue to hold this stock until there is change in character
RATING: A Will this domant volcano last?… this question diddnt prevent me from taking position on this stock after huge gap up on ER, And added more when it touched the pivot point on volume .will continue hold this stock until i see change in character.
RATING : A I have a position on this stock though is medium position (15%) ,took 10% of the table ,the stock is still acting well and current year earningexpectations are positive.
THANK YOU
FOR YOUR TITML FIVE TRADING RULES
1. Buy the stock as it break above base or trendline on above average volume
2. Sell -4% to 7% from buy point,intra-day
3. Take gains 20-30% above buying point
4. Use trailing stoploss to protect your gains
5. If you have three straight failure -4% to 7% ,stop buying and do postanalysisME
NB;ALL GRAPH/CHART IS FROM MARKETSMITH APP WHICH IS IBD TRADEMARK. You can join here : https://t.ly/UxNt0 |
DISCLAIMER;This email It does not contain (legal) advice. Although we try to provide quality information, we do not guarantee of results obtained from the use of this information, and without warranty of any kind, express or implied, including, but not limited to warranties of performance for a particular purpose |