Stocks Analysis/Signals Launch
This week we are launching our stock analysis and signals. Conditions are perfect for our style of trading as we have volatility and clarity across many stocks and opportunities by the bucket load.
Monday opens to a classic “world didn’t end at the weekend” scenario where the markets are forced to chase a gap higher after reducing risk ahead of Friday’s close. Should they be chased or will they turn sharply lower? Our view is clear and we have already signaled our first Apple (AAPL) trade based on observations of a similar set up already to play out today.
This was our AAPL view from the July 2017 lows. $180 was finally tested at the January high – what a reaction!
As the week progresses, our view will be guided by leaders such as Amazon (AMZN), Boeing (BA) and Netflix (NFLX). Can they keep trends intact and lead once more? We have clear inflection points and expectations.
Apple (AAPL) has shown relative weakness for several weeks now and an update of our successful NDX/AAPL view shows how this ratio is expected to perform. Will it catch up or will weakness continue?
In our Hot Stocks section we will be looking at Tesla (TSLA) following its earnings disappointment. After reaching the inverse head and shoulders target at the 2017 highs, a head and shoulders pattern now points the other way. Is it finally time for the plunge?
Chief Stocks Analyst
You can subscribe to either our stocks analysis service or signal services for a monthly cost of $99 or $150 for both. See our subscription page for details. Existing indices/forex subscribers should click here for a lower price when taking a single packages
Note on Signals
Because individual stocks typically move in larger percentage terms than indices (which contain advancing and declining stocks which balance each other), they tend to need wider stops in percentage stops, which translates to a lower Matrix Score. (risk/reward x probability). Because many such, particularly shorter term, stock trades would not exceed our normal major market threshold of a Matrix score of 15, we will often take stock trades if they are greater than 10. As a result we may often reduce our position size to 50% rather than the normal 100%.