_____________________________
Broad Market Outlook
It is great to see that over the years with each new pull back the group has faced, we enter them more calm and better prepared then the prior.
Shake had a bold and correct call two weeks ago, calling the top and hammering in the lets sit on our hands and avoid the chop, which is what we have been seeing lately and doing a great job at avoiding.
The mistake I personally made during the last crash (not expecting this one to be) was that I put risk on too soon when names looked "cheap" during the breakdown.
Yet they all got much cheaper in such a short span that as we start to see these new deals, we need to remember that when stocks look cheap, they are bound to get cheaper.
We need to wait for names to start to base before looking to buy, my prior mistake was trying to buy in the breakdown stage, when it was easier, more profitable and smarter to wait for the bases.
Given the obvious "h" pattern in the broad market, we almost want that level to get smoked to let the market actually correct and reset after the insane run its been on lately.
Right now we are only 5% off highs, yet it feels as if we are in a bear market.
Correction territory puts us at 420. A price earlier this year we thought was too high, now most are thinking that is too low.
Right now we are shifting out of breakout market we have grown accustom to and are shifting into a breakdown market.
This is where you want to be very careful with support buy backs. As tempting as they may look like low risk trades, they can often be much riskier when the market is "h"ing over.
We are still just about 2 weeks into the hard trade and really should be open minded to giving the market another 2 weeks before we look to put any capital to risk.
Continue to be patient with your active accounts, continue to let your longer term accounts stay the course and just when you feel like you have been patient enough, be even more patient.
From Ben G
SPY
Dow Jones
Nasdaq
Mid Caps
Small Caps
_____________________________
Thank you to all the members who already pre-ordered!
We are sold out of the Large and Extra Larges, we still have a few Small's and Medium, can still grab them for only $29!
On Friday the price will be going up to $49!
_____________________________
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"
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
_____________________________
Video Lesson Playlists
_____________________________
Defensive- sectors that tend to outperforming during sub par market conditions.
Consumer Staples
Healthcare
Bio Tech
Utilities
_____________________________
Want Trading Experts to Max out Your IRA?
To learn how we can max out your Roth for you( $6,000 a year) by sending us referrals. Please reply to this email saying Max My Roth!
_____________________________
Big Picture Set Up
BOX
This BOX will more then likely shake the 25 area lower in the short term but for now only focused on the entry up through 27 when that time comes.
HSY
Chocolate still looking great even with all the market weakness.
MMC
Given how weak the overall market it, I am pretty shocked how this MMC is still holding up. I will keep an closer eye on this name to see if its worth adding up through the new all time highs, however I still have a hard stop in under 160 if this is a topping pattern instead of a bull flag.
UPS
Will still take plenty of time to set up but we can see this clear as day that this 220 could be a nice blue sky breakout down the road.
_____________________________
Traveling Experts
We have a few exciting experiences planned for the year ahead. We hope you find a trip that sparks your interest to come enjoy and network with other like minded members!
Dates:
4th Annual Vermont Snowboarding Trip Jan 20th-23rd
2nd Annual Blue Ridge Rally May 13th-15th
2nd Annual Long Beach Island June 15th to 19th
4th Annual Vermont Trip
Video from the last snowboarding trip!
10 spots left, $100 deposit to hold your spot!
2nd Annual Blue Ridge Rally
4 spots left, $100 deposit to hold your spot!
2nd Annual Long Beach Island
Video from the last beach week vacation!
10 spots left, $100 deposit to hold your spot!
_____________________________
_____________________________
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.