Big Picture Hard Trade Has Officially Begun

    
   
   
_____________________________
Broad Market Outlook
The easy trade of the last 6 weeks has officially come to an end as the hard trade kicks off. Our last hard trade period lasted just about a month. Given this run up was steeper and faster, the hard trade period could be shorter but that is being very optimistic.  
For now, less is more, cash is king, and keeping a short list of your favorite names to add to seems to be the move. Let the hero trades who have been preying for a pull back rush into the fire which often leads to increased losses and a drain on mental capital as they are not patient enough to wait for the proper time to act. 
We are seeing lower highs, support breaking and bearish engulfing candles at new all time highs. All red flags that it is time to tighten the purse strings and keep cash ready. 
With virtually every major sector down on Friday separate from Biotech's that closed the day up a bit, we have not seen a collective sector pull back during this entire run up recently. Lets leave our ego's aside and let them do what they want.  
This is a great time to narrow down the list of names you really like and understand that there is a time and place to take advantage of them when the time is right, right now however, it is time to wait as the dust has barely had time to kick its self up before settling. 
One name in particular that I am keeping an eye on is this MTCH. 
As it comes into major support, it could just as easily break this major support level and head lower or buyers will continue to defend this area. Time will tell, if the later is the case, being able to sneak into this name up through 140 vs 130 is a set up that is on my radar. 
Take some time this week to find your name that you have your highest conviction with and lets hear the full game plan. For the next few weeks into the end of the year, if any money is to be made, it will be selective quality trades, not quantity trades where we want to just put risk on in anything. 
 

                                                                                     
From Ben G

 

 

_____________________________

Macro Rotation Outlook

SPY
Dow Jones
Nasdaq 
Mid Caps 
Small Caps
_____________________________

Do You Have The Patience to Make It On the Leader Board?

Or the PnL?

Email a screenshot of your YTD PnL to be added!

_____________________________
Sector Rotation
Sensitive -  sectors that have moderate correlations to overall market conditions. 

Tech
Energy 
Industrial
Telecom
 
_____________________________
"Don’t tell me what you think, just tell me what’s in your portfolio"
If you are tired of entering in buy stops to mirror our entries you can follow the links below to open an M1 account that will do all this for you with ease!
PS before you open an account at TD, reply to this email with: Your full name and email to get a $50 bonus

.

 

_____________________________
Cyclical - sectors that are more sensitive overall market conditions.
 
Materials
Consumer Discretionary
Financials
REIT
_____________________________

Defensive- sectors that tend to outperforming during sub par market conditions.
Consumer Staples
Healthcare
Bio Tech
Utilities
 
_____________________________
Offer a 2 month credit to any referrals made for the rest of 2021!

 
_____________________________
Big Picture Set Up
AFL
AFL continues to show us resistance at 58 as the 200 day continues to support the stock, limiting our downside when this name is finally ready to breakout. 
JBHT
Still flagging nicely and might need to shake out support but for now just going to wait for 202. 
MDB
We took the Blue Sky Breakout at the beginning of the month and after it pulled back and started to hold the prior support area, got back in to see if this Sneaky Buy Back is ready for another leg higher. 
SSNC
SSNC still flagging nicely, given the close on Friday would not be too surprised to see it push down through 78 and head closer to the earnings day low. Which could give us a chance to get in at a better price then having to be perfect buying 80.
 
  
_____________________________
Traveling Experts

Dates:

4th Annual Vermont Snowboarding Trip Jan 20th-23rd

2nd Annual Blue Ridge Rally May 13th-15th

1st Annual Private Track Day June 9th

2nd Annual Long Beach Island June 15th to 19th

 

4th Annual Vermont Trip 

  

Our biggest Trading Experts event is less then 2 months away!! We still have a few spots open if you would like to attend let me know!

Video from the last snowboarding trip!

 

Let me know if you'd like to learn more about any of our upcoming trips!
_____________________________

_____________________________
Terms and Conditions Trading Experts LLC (“Company”) is not an investment advisory service, nor a registered investment advisor or broker-dealer and does not purport to tell or suggest which securities or urgencies customers should buy or sell for themselves. The independent contractors and employees or affiliates of Company may hold positions in the stocks, or industries discussed here. You understand and acknowledge that there is a very high degree of risk involved in trading securities. The Company, the authors, the publisher, and all affiliates of Company assume no responsibility or liability for your trading and investment results. It should not be assumed that the methods, techniques, or indicators presented in these products will be profitable or that they will not result in losses. Past results of any individual trader or trading system published by Company are not indicative of future returns by that trader or system, and are not indicative of future returns which be realized by you. In addition, the indicators, strategies, columns, articles and all other features of Company’s products (collectively, the “Information”) are provided for informational and educational purposes only and should not be construed as investment advice.

Leave a comment