Investor Spotlight

YES

You Can TIME The Market

Here is what I wrote in my blog post last week in my second paragraph.

"IBD changed the market pulse to "Market in a Confirmed Uptrend" as of the close of the trading session on Friday Jan 4th. That's a signal to Growth Stock investors to start putting their CASH to work by initiating small positions on stocks that are breaking out now. The last 2 "Follow Thru" days of Nov 7th and Nov 28th had fizzled. There is no guarantee that this "Follow Thru" day will work either. One has to take the risk now and be exposed to the market. These are the ideal times to initiate small test positions. When the "Follow Thru" days do materialize, one can very quickly attain a +15% to +20% profits within 1 week to 3 weeks."

The "Follow Thru" day worked like a charm this time around. In my post last week I had alerted my readers to look over some of the stocks that I had highlighted in my weekly blog posts in the months of October and November. Small size test positions should have been initiated on Monday January 7th at the market open price. Here are the results of the performance of the 18 leading stocks on my watch list within one week:

$BEAT ... + 14.91%
$MEDP ... + 13.22%
$WING ... + 12.15%
$NFLX ... + 11.75%
$CYBR ... + 11.60%
$INVA ... + 7.84%
$VEEV ... + 7.73%
$TEAM ... + 7.41%
$ALRM ... + 6.75%
$UBNT ... + 6.35%
$HZNP ... + 6.27%
$TTD ... + 6.15%
$PLNT ... + 6.12%
$NOW ... + 6.05%
$TWLO ... + 6.05%
$FIVE ... + 5.93%
$EW ... + 3.14%
$MPW ... + 2.79%

Leading growth stock index $QQQ did only +2.65% in the same time frame. Stocks that I have highlighted are the ones that outperformed the $QQQ by 2 to 5 times. These are the true leaders exhibiting RS ratings above 95 and the RS line that is at an all time high as well. To truly make a difference in the performance of your portfolio, one needs to concentrate the position in the top 5 to 8 stocks highlighted.

Market Outlook

Most traders had thrown in the towel by Christmas eve and couldn't believe the buying binge that occurred right after the Christmas day. The market gave us a very clear clue on that day that the institutions were deploying their profits by going on a buying spree. The 3 indexes - $DJI, $SPY and $QQQ - had a surge from a V shaped bottom. We don't know if we are completely out of the woods yet. 11 days of distribution we had prior to Christmas eve has dragged down the 50 day sma(simple moving average) in a downward bearish slope below the 200 day sma. That is quite concerning. We need these indexes to rise above the 200 day sma and the slope of the 50m day sma to turn decidedly upwards. We have banks and transport stocks reporting earnings this week. That will help us decide if this rally is for real and if we are in a definate uptrend like the one we had in February of 2016. Market will consolidate these gains in the coming week.

Mentoring Program

Did your portfolio suffer a -20% decline prior to the Christmas day?

Did you know what to look for when the $QQQ surged over +6.2% the day after Christmas?

Ask yourself the question how you could have taken advantage of a "Follow Thru" day that we just experienced.

2019 will be a very challenging year and the best prepared and skilled traders and investors will do very well. Make a commitment to yourself to learn:

How to find the winning Growth Stocks?
How to Buy the Stocks Right?
How to Plan your Trade for Profit, Loss and Time in the Trade?
How to Sell your Stocks Right?
How to TIME the market?

If you are committed to improving your performance in 2019 than schedule a FREE 30 minutes of "Discovery Call" with us. Investigate how best we can help you become a consistent and a profitable trader and an investor in 2019. It will be harder to make profits in 2019 due to increased volatility. Let us help you sharpen your chart reading skills and what to look for in identifying the leading Growth Stocks. Start this year with a resolution to invest in your investing education.