Weekly Active Setups | Closing BTC, IWM, XLRE, and MCHI
No new activations this week. Key Highlights: This week we closed trades on Bitcoin, XLRE, and IWM trades for respectable profits. We also close MCHI for a loss. More details are provided below. SPY, NFLX and XLY hit their 2nd targets over the past week, while ADBE and AMZN hit target 1. In some instances, […]
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Weekly Pending Setups Report | New Setups WMT, Copper Future
Many of our pending setups have either been activated or moved back to a monitoring status given the significant weakness in markets last week. We have two new setups this week, while AMZN, GOOG, ADBE and XLE turned active. New Setups Walmart Inc. (WMT) Copper Future Asset Classes Equities Walmart Inc. (WMT): New Setup Amazon.com […]
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Weekly Market Roundup | Week of September 25
Key Developments The S&P 500 declined 2.9% last week, the worst weekly return since March of this year. All 11 sectors were lower. Health Care was the best relative performer, losing 1.2%, while Consumer Discretionary lagged, falling 6.4%. The September FOMC was interpreted as hawkish, as the Fed’s median projection for the Fed Funds rate […]
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Weekly Active Setups | New Additions GOOG, AMZN, ADBE
We have three new activations over the prior week, GOOG, AMZN and ADBE. Key Highlights: Stocks have continued lower following the September FOMC meeting, including IWM falling below target 3 and AAPL below target 2. New Activations Short GOOG Short AMZN Short ADBE Previous Activations Short ITB Long Corn Future Short XLV Short Bitcoin (Tgt […]
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Weekly Pending Setups Report | New Setups AMZN, BAC, XBI
If you missed it, we provided an introductory video that summarizes the Trader Membership and its strategy. We also explain our strategy on potential stop losses here, and entry points in this report. We have three new setups this week, while ADBE and ITB turned active. New Setups AMZN BAC XBI Asset Classes Equities Amazon.com Inc. (AMZN): […]
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Weekly Market Roundup | Week of September 18
Key Developments The S&P 500 declined 0.2% last week, with defensive sectors outperforming. Utilities led all sectors, gaining 2.7% while Tech lagged (-2.2%). Inflation data came in slightly above expectations, with the YoY CPI and PPI prints coming in above consensus. Retail sales also showed a continued strong consumer, as the MoM figure was well […]
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