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Category: 2 – Technical Trader

Lee Adler’s proprietary cycle analysis with market trend and position recommendations for investors and a recommended option trade for traders. Click here to subscribe. 90 day risk free trial!

Skating on Thin Ice, Keep Life Preservers Handy

We may be skating on very thin ice here, but the weight of the evidence still supports a weak bull case for the near to intermediate term. So I’m adding buy picks on the chart pick list and adjusting trailing stops to account for the risk.

Technical Trader subscribers click here to download the report.

Not a subscriber? Follow Lee’s weekly swing trade chart picks with Lee Adler’s Technical Trader, risk free for 90 days!  

These reports are not investment advice. They are for informational purposes, for a broad 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. 

Bear With Me, Here’s Why I Gotta Stay Long

If you are a cranky grizzly like me, you want to be short. Well, trust me, any time someone says , “Trust me,” I don’t trust them. But regardless, I am not shorting. Not even close. The market is going higher. It may even be going a lot higher for a lot longer. That’s what cycle projections and long term indicators are showing at the moment.  That said, my trading horizon is no more than several weeks, and for that we have 13 chart picks that look well positioned for nice moves.

So come along, peek inside, and I’ll show you why, and how we might capitalize prudently.

Technical Trader subscribers click here to download the report.

Not a subscriber? Follow Lee’s weekly swing trade chart picks with Lee Adler’s Technical Trader, risk free for 90 days!  

These reports are not investment advice. They are for informational purposes, for a broad 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. 

Mealy Mouthed Technical Analyst Gets Punched in The Mouth

Mike Tyson famously said, “Everyone has a plan until they get punched in the mouth.” OK, so the market didn’t quite punch us in the mouth last week, but it did lull me to sleep last weekend. No worries. This week, there were so many charts with buy signals, I’m going all YOLO.

Technical Trader subscribers click here to download the report.

If you want to join the fun and see the 15 new stocks on the list, click below.

Not a subscriber? Follow Lee’s weekly swing trade chart picks with Lee Adler’s Technical Trader, risk free for 90 days!  

These reports are for informational purposes, aimed at a broad 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. 

Last Week Won’t Lead to a Crash – Yet

There were lots of sell signals last week, but this isn’t the big one. Yet. We just need to be prepared for it.

Technical Trader subscribers click here to download the report.

Not a subscriber? Follow Lee’s weekly swing trade chart picks with Lee Adler’s Technical Trader, risk free for 90 days!  

These reports are for informational purposes, aimed at a broad 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. 

Cycle Analysis Target Projections Point Higher Still

Near term cycle projections have risen as the relentless mania just trends right along. We may as well take advantage, right? I’ve added a couple of swing trade chart picks that look well positioned to do just that.

What about all those sell signals? Failed again. Short sellers are setting themselves up as targets in a carnival shooting gallery. That’s typical of an entrenched mania.

When and where will it end? I’ve posted near term and longer term projections based on current trends and cycles.

Technical Trader subscribers click here to download the report.

Not a subscriber? Follow Lee’s weekly swing trade chart picks with Lee Adler’s Technical Trader, risk free for 90 days!  

These reports are for informational purposes, aimed at a broad 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. 

Lots of Signals, Mostly Sells, Means Good Shorts Ahead

Short term cycles have topped out and concurrent down phases are ideally due to last 2-3 weeks. With weak upward momentum in the 6 month cycAle, the potential exists for a significant downdraft. That, in turn would signal the onset of a 6 month cycle down phase. This is the best shot that bears have had for a turn in the tide since August-September.

As a result, I’m shifting my focus to be alert for more swing trade chart picks on the short side.

Technical Trader subscribers click here to download the report.

Not a subscriber? Follow Lee’s weekly swing trade chart picks with Lee Adler’s Technical Trader, risk free for 90 days!  

These reports are for informational purposes, aimed at a broad 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. 

How to Play the S&P Heading for 4200

This report shows why that’s the target, and adds a few more swing trade picks to take advantage.

Technical Trader subscribers click here to download the report.

Not a subscriber? Follow Lee’s weekly swing trade chart picks with Lee Adler’s Technical Trader, risk free for 90 days!  

These reports are for informational purposes, aimed at a broad 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. 

Projections Point Higher, So When Will Shorts Start Working?

Cycle configurations remain bullish. I have updated cycle projections for both the short and intermediate term, and the long term. There’s no respite in sight for bears yet, but a few more shorts than usual showed up in this week’s chart picks. Here’s what that could

Technical Trader subscribers click here to download the report.

Not a subscriber? Follow Lee’s weekly swing trade chart picks with Lee Adler’s Technical Trader, risk free for 90 days!  

These reports are for informational purposes, aimed at a broad 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. 

Explosive Rally Ahead, or Plotz

The current setup has the potential for an explosive rally. It doesn’t guarantee it, but we want to be prepared to take advantage if it happens. By the same token, we want to be alert for the signs that this could go south on us.

The charts, tables and discussion in this report show what to look for, with some ideas on how to trade it.

5 short term chart picks were closed out last week. 4 hit trailing or fixed stops. One was a proactive decision to close out. That left 10 open picks at the end of the holiday shortened week.

Including both the closed and open picks, the theoretical average gain (100% cash, no margin, no options) was +3.2% with an average holding period of 11 calendar days. That’s down from +4.3% and 11 days, the week before. The average gain has shrunken from 11% with an 18 day average holding time in the last 4 weeks as the market’s trading range has tightened.

This will leave us with 16 open picks. 3 will be shorts and 13 will be longs. That remains a strongly bullish bias. I have some thoughts in this report on how to tweak setting stops to improve list performance.

Technical Trader subscribers click here to download the report.

Not a subscriber? Follow Lee’s weekly swing trade chart picks with Lee Adler’s Technical Trader, risk free for 90 days!  

These reports are for informational purposes, aimed at a broad 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. 

Charts Show Market Set Up For Santa Claus Rally and Rockin’ New Year

Oh boy, bears are not going to like this setup. It’s bad. Really bad.

The 10-12 month cycle continues to trend upward against its supposed cyclical down phase. What happens when the next up phase starts?

Short Term Chart Picks – Trailing and fixed stops took out 2 shorts and one long last week. That left 7 open picks on Friday. I’m closing out one of them as of Monday’s opening price.

Including both the closed and open picks, the theoretical average gain (100% cash, no margin, no options) was +4.3% with an average holding period of 11 calendar days. This week I have 6 new picks, 5 of which are buys. Only one is a short. This will leave the list at an extremely lopsided 11 longs and one short.

Scary.

Technical Trader subscribers click here to download the report.

Not a subscriber? Follow Lee’s weekly swing trade chart picks with Lee Adler’s Technical Trader, risk free for 90 days!  

These reports are for informational purposes, aimed at a broad 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.