9/28/23
Technical Alert:
Fabrinet (FN) pending breakout alert, posted 9/27/23, at $159.17
Closed the next day at $167.90.
On July 20 and July 21 we started to book partial gains across the board in many of our Nasdaq 100 related positions, that we had been buying actively from March through June 2023. We were able to lock in gains in many positions before 5-20% drawdown in many (NDX) majors over the next 30 days.
On August 17 we informed our subscribers that the major indices were at the most oversold levels since last September/October and to expect a sharp reversal.
The indices (SPX) (NDX) made their recent low the next morning.
On August 17, at (SPX) 4370, we informed subscribers that (SPX) 4325 was a key support level.
The low that day and in the recent pullback move went to 4335.
August 17, near the index lows, we started to buy Alphabet (GOOGL) and added to or Energy Sector ETF position (XLE).
August 17, we informed Members that reversal signs we would like to see:
Any sharp reversal in (TNX) <bond yields> which is breaking out. <This occurred on 8/23/23>.
A selling flush and reversal higher in the indices, ideally on heavy volume. <This occurred on 8/18/23>.
An 85-90% upside day in the indices. <This occurred on 8/23/23>.
A second 85-90% upside follow through day. <This occurred on 8/29/23>.
80%+ higher upside days within 4 trading days of each other.
7/27/23
Our current open positions tracker.
All trades are shared with our Subscribers in real-time and tracked on our website 24/7.
This data is for general informational and educational purposes only.
The last 20 days “POSITION NAME” is omitted to preserve the value for our subscribers.
All data and symbols are listed on our Members site.
Posted on July 18:
Every morning, I post a Chart of the Day Best Idea for Members, pre-market, and Chart of the Week, on Sunday. All are tracked on the site.
Last 30 days posted ideas: 24 up, 2 down.
(SPY) +2.09% over 30 days
Some recent technical alerts and posted best ideas:
7/18/23
Microsoft (MSFT) book profits alert at 365.51.
On 7/18/23, we alerted that (MSFT) had reached a short-term sell level.
The high for the move so far was 366.78.
(MSFT) traded down to 333.11 8 days later, 8.8% lower from our alert.
7/24/23
Copper stocks breakout:
Southern Copper (SCCO) was added to our Weekly Top 25 List on 7/23/23 at $78.37.
Freeport McMoRan (FCX) was alerted on 7/24/23 at 42.33 and was our Chart of the Day on 7/25/23.
(SCCO) is + 7.2% in 3 days, (FCX) is +2.5%.
Schlumberger (SLB)
Added to our High Beta list on 7/5/23 at 49.47.
Alerted again on 7/7/23 just below the $50 breakout level.
(SLB) closed on 7/11/23 at 56.05.
+13.3% in 6 days.
DraftKings Inc. (DKNG)
On our Weekly High-Beta/Active Traders List for the past 12 weeks, since April 23 at $21.97.
Breakout alert on 7/10/23 at $27.
Closed 7/11 at 28.96, +7.2% in 2 days.
+31.8% since added to the weekly High-Beta list on 4/23/23.
Global-e Online
Breakout alert on 6/28/23 at 39.57.
Closed 7/11/23 at 43.62.
+10.2%.
Baker Hughes (BKR)
Alerted on 7/6/23 at 31.60.
Closed 7/11/23 at 34.03.
+8.54% in 4 trading days.
Nvidia (NVDA) gained 58.5% in 8 weeks after our Chart of the Week and Day alert, on 4/30/23, at $277.49.
We also took a position in (NVDA) that day, and shared it with our subscribers, in real-time.
Super Micro Computer (SMCI) gained 103% after our technical alert to subscribers on 5/3/23, at $133.95.
(SMCI) first appeared on our weekly High-Beta list on 2/12/23 at $90.03.
Tesla (TSLA) gained 34.5% in 20 days after our Chart of the Day alert, at $203.93, on 6/1/23, and position buy, alerted to Members in real-time.
We alerted Members in real-time throughout April and May to the upside potential in AI stocks.
On May 11, we published a special Asset Allocation Update for Subscribers, with 7 reasons why we were increasing our equity allocation and reducing cash exposure. This was before a major breakout week in the Nasdaq 100 and many leading tech and growth stocks.
(SPY) closed that day at $410.60, it traded up to $443.18 on June 16.
(QQQ) closed that day at $325.75, it traded up to $372.34 on June 16.
Timestamped screenshot and excerpt below:
SHOPIFY (SHOP) +24.3% IN 4 WEEKS
Chart of the Week 4/24/23
CELSIUS HOLDINGS (CELH) ALERT
+32.8% in 3 weeks
NVDA TREND ALERT
5/1/23
5/1/23
NVIDIA (NVDA)
+14.1% in 3 weeks.
Chart of the Week 4/30/23.
BUILDERS FIRST SOURCE (BLDR) TECHNICAL ALERT
+29% in 3 weeks.
NVIDIA (NVDA) TREND ALERT
5/2/23
$284.27
QQQ TREND ALERT
4/28/23
322.62
AMAZON.COM ALERT
+11.4% in 3 weeks
SALESFORCE.COM ALERT
+7.6% in 3 weeks.
ALPHABET (GOOGL) +7.9% PRE-BREAKOUT ALERT
(GOOGL) was our Chart of the Day, posted pre-market on 5/10/23.
We also alerted members at 12:29 pm of the 1:00 pm Developers Conference that could be a price catalyst, which it was, with a +7.9% move so far in 24 hours.
ADVANCED MICRO DEVICES (AMD) +5.5% INTRADAY
Intrda-day alert
(AMD) gained 5.5% in just over 2 hours after our technical alert for subscribers.
Alerted at 90.67, intra-day high 95.65.
(AMD) was also posted to Sunday’s High Beta/Active Traders list.
MICROSOFT (MSFT)
+15.06% since our 3/16/23 Chart of the Day alert
SHOPIFY (SHOP)
+25.0% since our Chart of the Week alert on 4/24/23
BUILDERS FIRST SOURCE (BLDR)
+23.7% since our Chart of the Day alert on 3/29/23
MERCK (MRK)
+2.8% breakout, alerted before the breakout, same day.
NVIDIA (NVDA)
+4.18% breakout day.
Alerted to our Members the exact day before the breakout, from a 5-week consolidation range.
4/11/23
SPOTIFY (SPOT)
+29.8% since going onto our Top 25 list and Chart of the day on 1/31/23.
4/11/23
CADENCE DESIGN SYSTEMS (CDNS)
+10.6% in 7 weeks
New all-time high
Our 2/23/23 Chart of the Day alert
4/4/23
GOLD MINERS ETF (GDX)
+16.5% in 3 weeks
Our Chart of the Day for Members, on 3/15/23
MERCADO LIBRE (MELI)
+$62, +4.9% in 23 hours, after our intra-day alert for Members on 3/30/23.
S&P 500 ALERT
3/27/23
Bullish 8/20-sma cross at 3997
+99 SPX points in 4 days
NVIDIA (NVDA)
Chart of the Week on 2/27/23
+18.9% in 5 weeks.
C3.AI (AI)
3/31/23
+18% day, +28% week
Technical buy and sell alert.
Our sell alert on 3/31/23 helped Members avoid a 26% sell off on 4/4/23.
Our sell alert above on 3/21/23 avoided this 26% drawdown.
CYCLICAL STOCKS REBOUND ALERT
3/27/23
Point: Cyclical strength could lead to more (SPX) strength.
NETFLIX (NFLX)
Chart of the Week on 3/27/23.
+4.37% week.
S&P 500 INTRADAY ALERTS
3/29/23 at 4010, before a +76 point move in 2 days.
GENERAL ELECTRIC (GE)
Chart of the Day on 3/1/23
+12.1% in 4 weeks and new 52-week high.
ARISTA NETWORKS (ANET)
Chart of the Week on 3/12/23.
+13.4% in 3 weeks and new all-time highs.
GOLD MINERS ETF (GDX)
Chart of the Day on 3/15/23
+9.7% in 2 weeks.
NASDAQ 100 ETF (QQQ)
Chart of the Day on 3/14/23 +9.7% in 17 days
ADVANCED MICRO DEVICES (AMD)
Chart of the Day on 2/1/23
+25.7% in 2 months
MARATHON PETROLEUM (MPC)
Alert on 3/27
+4.8% in 2 days
SOFTWARE ETF ALERT (IGV)
3/24/23
+4.8% in 7 days.
