My Take
Today’s key word - PATIENCE. July 9th has been a target for a while and we saw the market not like some of the tariff talk yesterday, but it wasn’t a panic like back in April. It pays to be patient sometimes in a market like this. Seasonally I’ve shown how the market tails off in to August and September traditionally through seasonal charts so patience is key.
The data is clear - the more you trade, the less of a return you can expect. So during times like this I like to try and find some momentum trades to put small “trades” on. It keeps my mind sharp and gets the blood flowing no matter how little the trade is. I always make sure it’s identified as a trade so I try not to overstay my welcome.
The current trade of TQQQ 0.00%↑ is still working out, but today I have some scanners in Trendspider for momentum trades. If you don’t have Trendspider, I hope your charting tool can find stocks like these.
For the Seeking Alpha part, fundamentals are typically not short term trades (but they can be). I’ve found that Top Stocks section to be a golden cup of stocks if you can time them right.
The point is you can trade as much as you like, but make sure your main portfolio is laser focused on long term. I say don’t follow me because I’m down YTD in my portfolio based on my Apple ( AAPL 0.00%↑ ) position. But as I stated yesterday - the rest of my portfolio is shining and outperforming.
LAST DAY OF THE TRENDSPIDER SALE - You won’t get better offers until Black Friday so don’t miss out
✅Trendspider sale ends SOON - Don’t wait!
Sign up for an annual plan and then email me to get all of my tools or just try it out for $7 for 2 weeks. Either way - make sure you have a chart. Click on the photo above for more information.
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Spotify, Apple and YouTube Links
Spotify
Apple
YouTube
Pod Notes
Tuesday
💭 Wealth Perspective
You can be wealthier than others like Jenson Huang or the wealthy that are trapped. So it’s not just about money which was one of the comments from my rant last week.
📉 Buy the Dip? Tesla ( TSLA 0.00%↑ )
And are you buying the dip like Portnoy?
I’m buying on the 4 hour algorithm and have alerts set based on the performance.
🍏 Apple AAPL 0.00%↑ Drama:
And AAPL 0.00%↑ - things keep getting worse
✈️ $DAL Update
I brought up DAL 0.00%↑ yesterday - here you go
🤖 AI as the Ultimate Tool
And remember - the greatest tool out there is AI right now. I didn’t know what this meant so I went and asked AI
If you’re not using ai …. You’re just not serious about this stuff … Ai is the life hack now - save $25/mo and not subscribe to yahoo finance.
📊 Bullish Scans & Tools
So we’re going to use the tools we have to find some opportunities - USE THEM!!!!!
Trendspider - charts that look bullish - whether it’s scanning for entries in the 4 hour algorithm or finding another scan and using the 4 hour algorithm strategy to see if any stocks in those scans fit both.
And if you’re looking for stocks that are squeezing - here’s a scan for you
They listed AMZN 0.00%↑ CRWD 0.00%↑ GEV 0.00%↑ FTNT 0.00%↑ CRM 0.00%↑ UNH 0.00%↑ JNJ 0.00%↑ SO 0.00%↑
I scanned these to look at stocks that are bullish in the 4 hour algorithm
BKR 0.00%↑ - 18% upside to the Wall Street Target
DAL 0.00%↑ - in to earnings
🔍 Custom Momentum Scanner
And here’s a custom momentum scanner that’s modeled after Warrior Trading to find nasdaq stocks that are HUGE trending higher RIGHT now
Using this I found NDRA 0.00%↑ is up 190% right now as I type this at 8:14am
🏆 Seeking Alpha’s Top Stocks
Seeking Alpha Premium has a list of TOP STOCKS
NUTX 0.00%↑ - interesting in the 4 hour algorithm with an average win of 45%
MFG 0.00%↑ - this one is interesting because it just went to Strong Buy - and I love bank deregulation
CCL 0.00%↑ - this one might have reached a “trim” if you’re trading it. The 4 hour algorithm works so set an alert - but it remains a top stock
BTG 0.00%↑ - I was researching this one and found SSRM 0.00%↑ - now I’m not going to say the name of the portfolio I’m subscribed to - but that’s a recent pick. There was just a buy at $13.05 in the 4 hour algorithm for it
📈 ETF Standouts
And I looked at the TOP ETF’s too
Top ETFs
ARKW 0.00%↑ and ARKF 0.00%↑ are tops
I like NUKZ 0.00%↑ for Nuclear and UFO 0.00%↑ for space - both have been on fire
🛠️ Screeners & Strategies
And I built screeners
This one that focuses on the PEG ratio being under 1.18 which means a hyper growth company with a large cap market cap - BOOM - 5 of them and YTD this portfolio is outperforming.
SCANS - Stocks that are bullish in the 4 hour algorithm
Leveraged ETFs
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