Liquidity Trader

The latest screens resulted in 87 stocks meeting preliminary buy side criteria versus just 24 on the sell side. That compares with 79 buys and 18 sells the week before. Sells have all but disappeared, and buys are holding steady at a modest level.  Non-subscribers click here for access.

Technical Trader subscribers click here to download the complete report.

Next, I counted the signals that were triggered on Friday alone. After applying these trigger filters, just one of the preliminary sells qualified on Friday, while 11 of the buys did. That still does not signify broad thrust. I only liked 2 of the buys enough to add to the list. I did not add any sells.  Non-subscribers click here for access.

One pick hit its stop price last week. Another loser will be dropped based on today’s opening price. Dropping those and adding the 2 new ones, will leave 10 buys and 2 shorts on the list for this week.  Non-subscribers click here for access.

I have added or adjusted stops for several existing picks. New picks are added without stops. Risk management is assumed via multiple small positions that won’t break the bank if they go wrong.  Non-subscribers click here for access.

Subscribers, see table of picks and charts in report. Non-subscribers click here for access.

List performance was minimally positive last week. Including picks still open at the end of the week plus those stopped out during the week, the list had an average gain of 1.3 % with an average holding period of 11 calendar days. That compares with 2.3% with an average holding period of 18 calendar days, for the prior week. The change was mostly due to adding 8 new picks that started last week.  Non-subscribers click here for access.

For picks closed in May, it was a losing month. Picks closed out during the month had an average loss of 0.1% and an average holding period of 22 calendar days.  Non-subscribers click here for access.

For all picks closed out in April the average gain was 15.2% on an average holding period of 34 calendar days. Of those 7 were buys and 4 were shorts.   Non-subscribers click here for access.

Past performance does not suggest future results.

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 market is currently set up for a consolidation. But there’s a question about whether it might turn into something worse.  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. 

List performance was slightly positive last week, but underperformed the market. Including picks still open at the end of the week, plus those stopped out during the week, the list had an average gain of 1.5% with an average holding period of 17 calendar days. This compares with the prior week’s drawdown of -0.4% on an average holding period of 15 calendar days. Non-subscribers click here for access.

Technical Trader subscribers click here to download the complete report.

The screening data lately has not kept up with the strength in the market averages, which are dominated by a few stocks. Non-subscribers click here for access.

The latest screens ferreted out 74 stocks that met buy side criteria on Friday before the trigger test. That was up from 32, the week before. There were just 14 sells versus 41 the week before. While the buys had a solid edge, it was not broad strength. Non-subscribers click here for access.

Next, I counted the signals that were triggered on Friday alone. After applying the trigger filters, none of the 14 sells hit their triggers on Friday, while 4 of the buys did. I liked two of them enough to add to the list and start tracking as of Monday. Non-subscribers click here for access.

With the 2 new picks and an existing pick stopped out last week, that will leave 5 buys and 2 shorts on the list for this week. 7 picks remains a low number relative to the 11 to 20 that we’ve typically had in recent months. This indicates low confidence and suggests limiting exposure. Non-subscribers click here for access.

5/6/24 For all picks closed out in April the average gain was 15.2% on an average holding period of 34 calendar days. Of those 7 were buys and 4 were shorts. 9 of the 11 picks close out were profitable. Non-subscribers click here for access.

Past performance does not suggest future results. Non-subscribers click here for access.

I have added or adjusted stops for several existing picks. New picks are added without stops. Risk management is assumed via multiple small positions that won’t break the bank if they go wrong.  Non-subscribers click here for access.

See the table and charts in the 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!