Author: Lee Adler

The screens generated more buys than sell signals again over the past week. For the week ended Friday, there were 61 charts with a second buy signal on Friday and just 2 with second sell signals. The numbers are smaller but still overwhelmingly bullish.  Non-subscribers click here for access.

Technical Trader subscribers click here to download the complete report.

I reviewed all of the charts from today’s screen results. The two sells weren’t compelling enough to swim against the tide.  We already have so many buys on the list that I didn’t want to add more given that this rally has aged a bit. Some of these charts were interesting, but I took a pass this week.  Non-subscribers click here for access.

We come into this week with 18 longs on the list. I had no stops on any of them. This week I have added stops to 11 of them as they’re starting to look ready for the Thanksgiving table. The rest I will let ride for another week without stops.  As of Friday’s close, the average theoretical gain on the existing picks was 7.3% with an average holding period of 13 calendar days. This is now double October’s loss. Finally, some progress after treading water since July.  Non-subscribers click here for access.

Table of picks and performance in the subscriber report. Non-subscribers click here for access.

Not a subscriber? Get price and time targets, and weekly swing trade chart picks, risk free for 90 days! 

The strategy and tactics opinions expressed in this report illustrate one particular approach to trading. No representation is made that it is the best approach, or even suitable for any particular investor. This is a developmental and experimental exercise, for the purpose of providing experienced chart traders with ideas and concepts to use or not use as they see fit.

Nothing in this report is meant as individual investment advice and you should not construe it as such. These picks are illustrative and theoretical.

The public facing report is not the complete report. Only subscribers have access to the full report and regular tracking of the theoretical picks and closeouts made in the reports.

The screens generated more buys than sell signals over the past week. For the week ended Friday, there were 46 charts with a second buy signal on Friday and just 9 with second sell signals. Things are settling down after the huge surge in buy signals of the past few weeks.  Non-subscribers click here for access.

Technical Trader subscribers click here to download the complete report.

I reviewed all of the charts from today’s screen results. I chose 6 to add on the buy side and no sells. As usual, there will be no stops set for the first week. I also refrained from adding stops to the existing picks.  Non-subscribers click here for access.

Last week I had added 5 longs to the list with 7 previous buys and no shorts remaining from previous weeks. I had no stops indicated for any of the picks because it is early in the up phase and I want to allow room for shakeouts. As of Friday’s close, the average theoretical gain on the existing picks was 3.9% with an average holding period of 10 calendar days.  Non-subscribers click here for access.

Table of picks and performance in the subscriber report. Non-subscribers click here for access.

Not a subscriber? Get price and time targets, and weekly swing trade chart picks, risk free for 90 days! 

The strategy and tactics opinions expressed in this report illustrate one particular approach to trading. No representation is made that it is the best approach, or even suitable for any particular investor. This is a developmental and experimental exercise, for the purpose of providing experienced chart traders with ideas and concepts to use or not use as they see fit.

Nothing in this report is meant as individual investment advice and you should not construe it as such. These picks are illustrative and theoretical.

The public facing report is not the complete report. Only subscribers have access to the full report and regular tracking of the theoretical picks and closeouts made in the reports.

Intermediate term technical indicators launched last week, supporting the expectation of an extension of the rally. However, while we might expect an extension lasting at least xxx xxxx xxxx to xxxx xxxxx xxxx, unless Fed policy flips back to QE, or the Treasury starts paying down T-bills again, the rally’s days are numbered. This does not look like a new bull market upleg. In this report, I show the likely price and time targets of the move, along with key support and resistance levels. How the market behaves around those levels will dictate how we drive on these curves. Non subscribers click here to access.

Technical Trader subscribers click here to download the complete report.

Not a subscriber? Get price and time targets, and weekly swing trade chart picks, risk free for 90 days! 

These reports are not investment advice. They are for informational purposes, intended for an audience of investment and trading professionals, and other experienced investors and traders. Chart pick performance changes week to week and past performance may not indicate future results, as you know. Trading involves risk, and these reports assume that you understand those risks and manage them according to your tolerance.