The Latest Swing Trade Catalyst! â â â â â â â â â â â â â  â â â â â â â â â â â â â  â â â â â â â â â â â â â  â â â â â â â â â â â â â â â â â â â â â â â â â â  â â â â â â â â â â â â â  â â â â â â â â â â â â â  â â â â â â â â â â â â â â â â â â â â â â â â â â  â â â â â â â â â â â â â  â â â â â â â â â â â â â  â â â â â â â â â â â â â Hey folks, Tim here. Iâm always looking for the next swing trade setup in the market. Especially during this 2024 insanity. Every single week it seems thereâs a new catalyst thatâs pushing mid-cap stocks higher. Donât worry, Iâve got some penny-stock runners on this weekâs watchlist too. But to scratch my swing-trading itch real quick, letâs look at some mid-cap stocks that offered great profit opportunities last week. This momentum could continue. The biggest catalyst in the swing trading market last week came from China. The Chinese economy is not doing well. Between: - Low employment among young adults.
- A full-blown real estate crisis.
- Western businesses pulling out of Chinese markets. Itâs not looking good. And as a result, the Chinese Communist Party is pulling out all the stops to buoy the economy. Last week we learned the government vowed ânecessary spendingâ to meet the countryâs GDP growth targets. Already last week we saw the country push $140 billion into its financial system, among other efforts. Some economists arenât convinced itâs enough ⦠But in the short term, Chinese stocks are soaring higher. And thatâs what Iâm most interested in! Take a look at KraneShares CSI China Internet ETF (NYSE: KWEB). It soared past 52-week highs last week for a 20% spike. Every candle represents one trading day. KWEB chart multi-month, 1-day candles Source: StocksToTrade Hereâs a chart of JD.com Inc. (NASDAQ: JD) making a similar move. The spike measured 30% last week: JD chart multi-month, 1-day candles Source: StocksToTrade [Use our AI swing-trading bot to build smart positions on the strongest runners!]( AI is a perfect tool for swing trading because thereâs SO MUCH data to crunch. For our AI bot, Iris, it takes no time at all. But before we had this tool, I would spend hours on this strategy. Iris can help inform our trades in this hot market. [Click HERE For My Full Watchlist]( P.S. Itâs not just higher-priced Chinese stocks, Iris is always searching for the next swing trade opportunity. It doesnât matter which sector or what catalyst. This AI is scanning the market 24/7 for the next mid-cap winner. [Try it this week!]( P.P.S. Join me Monday night at 9pm Eastern for a first-of-its-kind event! Weâre meeting LIVE to scope out the hottest trade opportunities in the market. [Donât miss out!]( Stay steady, Tim Bohen SteadyTrade Team Lead Trainer Recommended Membership Gift ACCESS NOW: Click below to activate exclusive content and daily market intel from our market pros. Exclusive]( Analysis and]( Videos](
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