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Swing Trade Screen Picks – Adding 3 Shorts for Each Long

Over the past two trading sessions there were 37 charts with a second buy signal on the week, and 174 with a second sell signal. That suggests that suddenly all isn’t well beneath the surface of the market averages that are scraping new highs. However, a high percentage of the sells were fixed income funds and interest sensitive stocks like utilities and REITs. That’s not necessarily bearish for the rest of the market.  Non-subscribers click here for access.

Technical Trader subscribers click here to download the complete report.

On the other hand, when I visually reviewed the charts of the screen output, I added 7 shorts and only 2 longs this week. The result is that the list is now evenly balanced between buys and shorts.  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.

This public report is not the full report.  Only subscribers have access to the full report and regular tracking of the theoretical picks and closeouts made in the reports.  Non-subscribers click here for access.

Attention New Subscribers! Please check your spam folder for your subscription welcome messages and post notifications and whitelist Liquiditytrader.com. Some email providers like Hotmail and others which use the Proofpoint gatekeeper are blocking Liquidity Trader emails completely. I have been unable to get them to stop. Please notify them to “Let my emails go!”

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THANK YOU FOR YOUR SUPPORT!

Is This the End, or Only the Beginning

All signs point to the path of least resistance continuing to be to the upside including updated long-term cycle projections.  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! 

Attention New Subscribers! Please check your spam folder for your subscription welcome messages and post notifications and whitelist Liquiditytrader.com. Some email providers like Hotmail and others which use the Proofpoint gatekeeper are blocking Liquidity Trader emails completely. I have been unable to get them to stop. Please notify them to “Let my emails go!”

If you continue to have issues receiving Liquidity Trader emails, just check here daily at 9 AM ET for the latest posts.

THANK YOU FOR YOUR SUPPORT!

_______________________________________

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. 

What’s Up with Down Withholding Tax Collections

Withholding taxes rebounded in January, but they were still negative year to year in inflation adjusted terms, and barely positive in nominal terms. Non-subscribers, click here for access.

Subscribers, click here to download the report.

By any standard, the withholding tax data doesn’t support the jobs report.  Non-subscribers, click here for access. 

But that’s not what matters. Here’s what does.    Non-subscribers, click here for access. 

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In the Goldrums

A possible 13-week cycle upturn here could finally get gold out of the doldrums but it would need to clear xxxx for the impetus to get back to xxxx. But in the bigger picture, there are some bad signs.    Non-subscribers click here for access.

Subscribers, click here to download the report.

Meanwhile, I’m keeping two mining charts on the pick list. Non-subscribers click here for access.

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Attention New Subscribers! Please check your spam folder for your subscription welcome messages and post notifications and whitelist Liquiditytrader.com. Some email providers like Hotmail and others which use the Proofpoint gate keeper are blocking Liquiditytrader emails completely. I have been unable to get them to stop. Please notify them to “Let my emails go!” THANK YOU FOR YOUR SUPPORT!

If you continue to have issues receiving Liquidity Trader emails, just check here daily at 9 AM ET for the latest posts.

The strategy and tactics suggestions in this report are informational and general in nature, and illustrative of one approach. They are not investment advice. No representation is made that it is the best approach, will be profitable, or even suitable for any particular investor.

Nothing in this letter is meant as personalized investment advice and you should not construe it as such. Trading involves risk of loss, and in the case of options, the loss can be 100% of the amount invested. Any trading that you do with reference to strategies and tactics suggested in this report should be done only after consulting with your financial adviser. Trade at your own risk. 

Swing Trade Screen Picks – Clearing Out the Shorts

OK, not all but most. Two hit their stops over the past couple of days and 5 more will be closed out from the list based on this morning’s opening price in New York trading. That will still leave 5 shorts from our last review last week. There are also 5 longs remaining open. Non-subscribers click here for access.

Technical Trader subscribers click here to download the complete report.

The pick list gained a tad in the past week. It currently shows an average gain of 1.8% on an average holding period of 20 calendar days. That’s up from an average gain of 1.6% on an average holding period of 18 calendar days last week. This includes currently open picks, those that will be closed out today, and those that have hit stops over the past week. Non-subscribers click here for access.

Over the past two trading sessions there were 27 charts with a second buy signal on the week, and 22 with a second sell signal. That’s both a small total and a small buy side margin. It suggests that this rally is very narrow and in its late stages.  Non-subscribers click here for access.

I visually reviewed all of the charts. I wasn’t enthused about the sells. I’m not a fan of exercises in top picking when we’re only looking at the charts once a week. Even if they break, the bounces come quickly. I chose 5 buys to add to the list, as shown, with charts below.  Non-subscribers click here for access.

I will start tracking the new picks based on a price assuming a half position at the open and half at the close today, January 30, 2024. I have added or adjusted stops on a few of the picks. The rest I’m giving room to breathe for this week. The table also shows picks to be closed out as of today’s open.  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.

This public report is not the full report.  Only subscribers have access to the full report and regular tracking of the theoretical picks and closeouts made in the reports.  Non-subscribers click here for access.

Attention New Subscribers! Please check your spam folder for your subscription welcome messages and post notifications and whitelist Liquiditytrader.com. Some email providers like Hotmail and others which use the Proofpoint gatekeeper are blocking Liquidity Trader emails completely. I have been unable to get them to stop. Please notify them to “Let my emails go!”

If you continue to have issues receiving Liquidity Trader emails, just check here daily at 9 AM ET for the latest posts.

THANK YOU FOR YOUR SUPPORT!

The Danger Is that the Rally is Narrowly Based

The rally lives on and cycle projections point higher still, but there are danger signs everywhere.

Does that mean we should put on our crash helmets? Here’s your answer.  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! 

Attention New Subscribers! Please check your spam folder for your subscription welcome messages and post notifications and whitelist Liquiditytrader.com. Some email providers like Hotmail and others which use the Proofpoint gatekeeper are blocking Liquidity Trader emails completely. I have been unable to get them to stop. Please notify them to “Let my emails go!”

If you continue to have issues receiving Liquidity Trader emails, just check here daily at 9 AM ET for the latest posts.

THANK YOU FOR YOUR SUPPORT!

_______________________________________

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. 

Fed Balance Sheet Right Now Says Bears Should Get Ready to Rumble

Despite the fact that the Fed is no longer the only driver of the markets in one direction, it still plays a role indirectly. So we still monitor the Fed’s weekly balance sheet. It is still the timeliest source of data on several critical market drivers. It’s published weekly, virtually in real time, with data through the current Wednesday, published on Thursday after the financial markets close.  Non-subscribers, click here for access.

Subscribers, click here to download the report.

The numbers and the discussion are dry, and can be dense, so I’ve been thinking about ways that I could relate those numbers to the reality of stocks and bond prices on the ground, without putting you to sleep.  Non-subscribers, click here for access.

Then it dawned on me!  Non-subscribers, click here for access.

So, in this report I present a few charts of the Liabilities side of the Fed’s balance sheet. They show us that maybe we shouldn’t be so sanguine about the continuation of this bull market. In fact, it looks like something bad is coming, and soon.  Non-subscribers, click here for access.

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KNOW WHAT’S HAPPENING NOW, before the Street does, read Lee Adler’s Liquidity Trader risk free for 90 days! Act on real-time reality! 

 

Attention New Subscribers! Please check your spam folder for your subscription welcome messages and post notifications and whitelist Liquiditytrader.com. Some email providers like Hotmail and others which use the Proofpoint gatekeeper are blocking Liquidity Trader emails completely. I have been unable to get them to stop. Please notify them to “Let my emails go!”

If you continue to have issues receiving Liquidity Trader emails, just check here daily at 9 AM ET for the latest posts.

THANK YOU FOR YOUR SUPPORT!

No Way Gold Has Forceful Breakout – 1/26/24

Short-term cycles are opposed. That normally leads to rangebound chop. The longer intermediate cycles also appear to be opposed. The result is a triangle pattern. As price gets closer to the apex a forceful breakout…    Non-subscribers click here for access.

Subscribers, click here to download the report.

The outlook for the mining stocks has a couple of bright spots. I have put them on the chart pick list. Non-subscribers click here for access.

Subscription Plans

Try Lee Adler’s Gold Trader risk free for 90 days!

Attention New Subscribers! Please check your spam folder for your subscription welcome messages and post notifications and whitelist Liquiditytrader.com. Some email providers like Hotmail and others which use the Proofpoint gate keeper are blocking Liquiditytrader emails completely. I have been unable to get them to stop. Please notify them to “Let my emails go!” THANK YOU FOR YOUR SUPPORT!

If you continue to have issues receiving Liquidity Trader emails, just check here daily at 9 AM ET for the latest posts.

The strategy and tactics suggestions in this report are informational and general in nature, and illustrative of one approach. They are not investment advice. No representation is made that it is the best approach, will be profitable, or even suitable for any particular investor.

Nothing in this letter is meant as personalized investment advice and you should not construe it as such. Trading involves risk of loss, and in the case of options, the loss can be 100% of the amount invested. Any trading that you do with reference to strategies and tactics suggested in this report should be done only after consulting with your financial adviser. Trade at your own risk. 

Swing Trade Screen Picks – Adding Shorts

The pick list gained a tad in the past week. It currently shows an average gain of 1.6% on an average holding period of 18 calendar days. That’s up from an average gain of 0.3% on an average holding period of 15 calendar days the week before. This includes currently open picks and those that have hit stops over the past week. Non-subscribers click here for access.

Technical Trader subscribers click here to download the complete report.

Over the past two trading sessions there were 18 charts with a second buy signal on the week, and 77 with a second sell signal. Do I detect a theme? In the previous week there were 46 charts with a second buy signal on the week, and 161 with a second sell signal. I took a look at all of the charts and walked away with no new buys and 5 new shorts. I’ll give them a little room to breathe before adding stops. Non-subscribers click here for access.

I will start tracking the new picks based on a price assuming a half position at the open and half at the close today, January 25, 2024. I have added or adjusted stops on most of the picks. See the current stop levels on the table. Non-subscribers click here for access.

We’ll be running with 18 open picks this week including the 5 new ones. Of those, only 5 will be longs, and 13 are shorts. 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.

This public report is not the full report.  Only subscribers have access to the full report and regular tracking of the theoretical picks and closeouts made in the reports.  Non-subscribers click here for access.

Attention New Subscribers! Please check your spam folder for your subscription welcome messages and post notifications and whitelist Liquiditytrader.com. Some email providers like Hotmail and others which use the Proofpoint gatekeeper are blocking Liquidity Trader emails completely. I have been unable to get them to stop. Please notify them to “Let my emails go!”

If you continue to have issues receiving Liquidity Trader emails, just check here daily at 9 AM ET for the latest posts.

THANK YOU FOR YOUR SUPPORT!

Primary Dealers Are Maxed Out Again

The dealers have gone to an extreme of leverage against their bond positions for the second time since last July.  Back then, the extreme lasted for about a month, and it coincided with an intermediate top in stock prices and an accelerated decline in bond prices and the necessary inverse rise in yields.  Non-subscribers, click here for access.

Subscribers, click here to download the report.

This report shows the pictures that tell the story, and that tells us what to do about it.

Subscription Plans

KNOW WHAT’S HAPPENING NOW, before the Street does, read Lee Adler’s Liquidity Trader risk free for 90 days! Act on real-time reality!