Arete Sunday Newsletter
Do you want to live the dream? ☁️⭐
Do you want to live the dream? Of course, we all do. Everyone has dreams and they are all specific to the individual. Once you clearly define it you must ask yourself some tough questions. Most importantly, what am I willing to do to achieve my dreams? What will this mean for me and those closest to me? I bring this up for a reason. When you decide to invest in the stock market you are doing it for a reason. More freedom. More independence.More stuff. Whatever the reason, it does not matter. What matters is what are you going to do so that it happens. There is no magic guru or tools that will get you there. The only person that is going to get you there is you! Remember that.
“Go confidently in the direction of your dreams! Live the life you imagined!”
-Henry David Thoreau
The $QQQ closed above $338.77 for the first time since this minor pullback started. The $342 high is the next pivot. Once we see a new high more volume will chase the breakout. One key to the market move will be how this market is being led by large-cap stocks while smaller caps, Spacs , new issues are getting annihilated. The single best performing sector in the Nasdaq is the $SOXX While we look for signs of rotation it’s pretty clear where the majority of equity inflows are going. We will continue to look for rotation while investing in semiconductors. We are seeing signs of the $IBB bottoming which could set us up for a $LABU trade but we need confirmation. Also, the $CLOU sector looks very strong and looks like it could be the next leading sector. $NET had an amazing week and $CRWD is setting up for higher prices. Be aware this coming week is loaded with earnings reports $TSLA Monday kicks things off. $PINS $AAPL $MSFT $FB $GOOGL $AMZN all this week just to name a few.
$SPY looks great and continues to rally. $XLF broke out of a 12-year base. Slower movers but it’s definitely worth looking at that sector. $IWM continues to base and needs to get above the $227 level. This may trigger a trade in the $TNA.
Let’s look at the indexes!
Let’s look at the stocks!
Subscribe to YouTube! 👈Subscribe and turn on notifications. Below is a video of our first live stream that took place at 1 pm EST on Saturday. I start by going over the top ten stocks to look at this week. We get into a lot of processes. At the end of the video is a link to the Top ten stock short squeezes that our setting up. Consider making these videos part of your routine. I go over the lessons from the trading of the pro series during them and point them out in real-time situations.
As always all investment decisions need to be made by the individual. We all have different risk profiles.No two people trade the same. Understand the buy points, stop losses, trims are suggestions. For example on stops. I want to see it close there at the end of the day.
You need to develop your own process. I am willing to help and offer feedback.
Please make sure you Subscribe to Twitter! 👈and turn on notifications. There are times my updates are timely in regard to the Newsletter as well as other ideas. I called buy levels on $OCGN and $SNAP that did quite well.
Any questions please message me.
Thank you again for all the messages telling me how this Newsletter improved your performance and made you a better trader!
Wishing everyone Massive success!
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