Liquidity Trader

There are a few reasons to think that the market should top out here. Should and will are two different things and there are more reasons to think that it’s going higher. High enough in fact, to xxxxxxx xxxxxxx xxxxxxxx xxxxxxxxxx xxx xxxxxx xxxxxxxx. 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. 

The screens still generated more buys than sell signals on Monday despite the drop in the market. But as I reviewed the charts, the quality of those buy signals wasn’t great. They were late cycle, higher risk signals. On the other hand, there were still hardly any sell signals. For the week ended Monday, there were 47 charts with a second buy signal in a week, and just 9 with a second sell signal. Monday’s raw totals were 63 buys to 35 sells. On not one day last week did sell signals outnumber buys. 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 will add one on the short sale side, but with a limit price, and a protective stop in case it goes the wrong way. I added two on the buy side for the first time in 3 weeks. Non-subscribers click here for access.

We came into last week with 12 longs and 2 shorts on the list. I had stop prices on all of them. 4 of the longs hit their stops. The stops were too tight because a couple of them reversed and went higher. That left 8 longs and 2 shorts on the list to start this week. I adjusted stops on all of them. This is with the intent of closing out the longs as this rally ages. Non-subscribers click here for access.

As of Monday’s close, the average theoretical gain on the existing picks was 11.9% with an average holding period of 24 calendar days. That’s up from an average gain of 7.3%, with an average holding period of 20 days the week before. So we tacked on 4.6% last week. Non-subscribers click here for access.

November was a good month with 10 of 12 closed picks registering gains. Closed picks had an average gain of 5% with an average holding period of 15 calendar days. These results are theoretical, based on the assumption of all cash trades, no margin, no options.  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 Christmas goose is in the oven. Its temperature is rising, and it’s almost done. Be careful. If the holiday guests like this market goose enough, they’ll eat too much. And then they’ll puke.

I’m thinking Christmas puke party. But first, there are Wall Street office parties to attend. All the spiked Kool Aid you can drink. 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. 

The screens still generated more buys than sell signals again over the past week but the advance is tiring. For the week ended Monday, there were 18 charts with a second buy signal on Monday and 14 with second sell signals. That’s down from 61 to 2 on the buy side, the week before. 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. For the first time in a long time I found two that I will add on the short sale side, but with protective stops in case they head out of the gate the wrong way. I did not like any of the buys. For the second straight week, I’m forgoing adding any buy side picks. Non-subscribers click here for access.

We come into last week with 18 longs on the list. I added stops to 11 of those and six of them got hit. That leaves 12 longs on the list to start this week. I added or adjusted stops on all of them. This is with the intent of closing them out as this rally ages. Non-subscribers click here for access.

As of Monday’s close, the average theoretical gain on the existing picks was 7.3% with an average holding period of 20 calendar days. That’s the same average gain as last week, with an average holding period of an additional week. In other words, the list treaded water last week. The gain for November so far is 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.