See The Trade of The Week Inside...
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September 27th, 2020 | Issue 43
Hello Traders,Ă‚
Is it just me or does everyone get this sick to your stomach feeling when making a change? Ă‚ As I clean out my file cabinets and sorted through years of files, I cannot help but feel like so much of my life is already in the past. Ă‚ Forcing myself to look into the future, I continue to feel this internal void.Ă‚ Is it a feeling of future regret or simply a natural, nostalgic response to the memories of the past? Ă‚
I hardly ever get this feeling, mostly because I am a positive person who consistently looks ahead and doesn’t dwell on the past. Searching through these file cabinets is like searching through my youth, which does make me feel somewhat old or in the language of my children, ancient.
The market was due for a correction following a blow off top in August, and that’s exactly what has taken place for what will now be four weeks of lower stock prices. Mega tech stocks led the way and have also led the way down. Their heavy index weighting just has way too much influence for the market to ignore the direction of the top ten tech stocks that account for over 50% of the Nasdaq and over 25% of the S&P 500.
With that said, there is a bottoming process underway within the tech sector and with third-quarter Ă‚ earnings just around the corner, it should support a renewal of buying interest heading into the Q3 numbers that are forecast to be quite strong. The Atlanta Fed GDPNow real GDP estimate for Q3 2020 is a roaring 30.5%...Ă‚ [Read More ](
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To great returns,
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Vlad Karpel
YellowTunnel and Tradespoon Founder
P.S. Please see below for access to the Power Trading Live Strategy Roundtable I recorder on Thursday, September 24th.
TRADE IDEA OF THE WEEK
One stock within the remote work space that has garnered a lot of headlines this year is the leader in digital documents that thousands of businesses have adopted to keep the contracts, agreements and all manner of documents that require signatures.Ă‚
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The world's #1 way to sign electronically on practically any device, from almost anywhere, at any time. Today, more than 500,000 customers and hundreds of millions of users in over 180 countries use its technology to accelerate the process of doing business.
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The company is experiencing phenomenal growth in 2020 with revenue growth forecast to top 42% to $1.38 billion. Earnings are estimated to soar by...
[Click here to continue to this week’s Power Trade pick…](
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CURRENT TRADING LANDSCAPE
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All the sectors fluctuated between gains and losses this week in the volatile bottom building session. Technology, Metals, Material, Defense sectors (QQQ, XME, XHB, XLB, XME, XLU) closed in positive territory and retail, healthcare and work from home stocks closed in the red (WFH, XRT, XLV). The markets are oversold and due for a bounce in the next couple of trading sessions.
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On the downside, the $318 level on SPY is critical for the bulls.Ă‚ If the SPY is unable to hold on to the $318, the SPY will most likely test the 200-day moving average ($300).Ă‚ However, the bottoming process has started as the U.S. dollar is overbought, closed flat, and should start a pullback Ă‚ Ă‚ Ă‚ Ă‚ Ă‚ Ă‚ in the next few trading sessions.Ă‚ Ă‚ Ă‚ Ă‚
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The TLTĂ‚ continues to trade in the range and does Ă‚ not show any signs of the market reversal. The DXY is trading near key overhead resistance $94-95. Short term, the SPY overhead resistance is at $342 and will trade between...
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SECTOR SPOTLIGHTĂ‚
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Lately, market sentiment seems split between optimism about a forthcoming vaccine and the eventual recovery of all the epicenter stocks (travel, restaurants, leisure, etc.) and those of the view that a second lockdown for the economy is an eventuality when flu season arrives. As such, market volatility between the two views is high.
There’s little doubt or argument about the current and future trends of a remote labor force that are clearly in place. Technology has advanced these trends with more corporations finding it a constructive business model from the standpoint of worker flexibility and big cost savings.
For those of the second persuasion, the work-from-home crowd, the Direxion Work From Home ETF (WFH) has served as the go-to ETF for playing the sector. From the Fund’s website “WFH offers exposure to companies across four technology pillars, allowing investors to gain exposure to those companies that stand to benefit from an increasingly flexible work environment....
[Click here to review the TOP HOLDINGS and Market analysis…](
Power Trading Live Strategy Roundtable
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Another service from YellowTunnel to help you become a better and more profitable trader!
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Access to the most recent Power Trading Live Strategy Roundtable event. [Click Here>>](
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I will review
- How to eliminate the guesswork from your trading
- What strategies work best for current market conditions
- How to refine your entries and exits with precision
- How to grow your portfolio faster with winner after winner
[Click Here To Watch Our Most Recent Trading Session,](
[Recorded On Thursday, September 24th.](
NOTE: We encourage all subscribers [to view the instructional videos]( on how to best use your membership and invite our members to participate in live weekly strategy roundtable workshops that are also archived for your convenience so that they can to be viewed at a later time.
AGGRESSIVE POWER TRADER
In our primary trading service [Aggressive Power Trader]( I direct our subscribers through the “trade decision-making process” with the mindset of being in and out of trades within 24-48 hours with the objective of booking 30%-60% gains against the amount of capital at risk on each and every trade
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The beauty of this service is that it provides tomorrow’s featured trades the night before so traders can analyze and work on how they might best want to participate.
Once you become a member, I encourage you to review our Live Trading Room recordings to se how I trade Aggressive Power Trader signals in my account.
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Here is a snapshot of how we produce our Live Trading Room Sessions and how we pack in a lot of information which can be accessed from whatever device your driving.
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WEEKLYĂ‚ POWER TRADER
We recently launched our new [Weekly Power Trader]( that we at Yellow Tunnel are very excited about. Each week on Sunday, our expert traders use out AI Tools to provide the Top Bullish and Bearish Stocks, each with an Entry Price, Target Profit, and Stop Loss.
Also, note that the [Weekly Power Trader]( signals are meant to last for 5-10 days as long as the vector confirms the same direction as the original pick we use a target gain of 2% and stop as 2% of the stock price.
The next Weekly Power Trader buy list will be posted on Sunday night, September 27th.
Don't miss the next winner.
Weekly Power Trader
Stock Watch List
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Weekly Power Trader
Options Watch List
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[Click here to learn more...](
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DISCLAIMER: Vlad and his team may have a financial interest in the picks as they trade many of the same equities and options they pick. Vlad Karpel and YellowTunnel (Company) is not an investment advisory service, nor a registered investment advisor or broker-dealer and does not purport to tell or suggest which securities or currencies customers should buy or sell for themselves. As an investor, you know that any kind of investment opportunity has its risks. There is no such thing as low risk stocks and we recommend you invest wisely and that only risk capital should be used to trade. Investing in Stocks and Options is highly speculative. No representation is being made that the use of this strategy or any system or trading methodology will generate profits. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on here and on our web site. The past performance of any trading system or methodology is not necessarily indicative of future results. All of the content on our website and in our email alerts is for informational purposes only, and should not be construed as an offer, or solicitation of an offer, to buy or sell securities. Remember, you should always consult with a licensed securities professional before purchasing or selling securities of companies profiled or discussed on YellowTunnel.com. Performance results that are discussed above are from the Live Trading Room, multiple YellowTunnel tools were used to achieve these results. Trade % Gain/Loss is calculated by dividing the $ Gain/Loss by the Max Risk which is the posted Stop Loss for the trade.Ă‚
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