Sunday Arete Newsletter

New Year! New Start! Lets Go!

Happy New year!

$SPY continues to be muted. Although we closed at an all time high on huge volume. The Russell index is most troublesome. This constitutes SPAC stocks.While the 5 and 8 day moving average cross over is not overly bearish. Its not ideal. We need to watch the 21 day moving average. There has not been a close below that level since OCT 2020. The $QQQ continues to look the best. I mentioned this could be the leading index and its starting to shape up that way. We are seeing a solid rally in Semiconductor stocks as well as biotech.This is a classic bull market move.Expect to see several new buy alerts in the coming weeks.In Regard to our $TNA position. We have been in since the $40s in November. I map the plan out. Consider following it. The rejection of the gap bottom could be an issue.

Congratulations to those in $CELH and $FNGU. Nice way to finish the year.

Lets look at the indexes!

Lets look at our ETF position.

Lets look at our stock ideas!

I have enclosed a link to today’s Newsletter YouTube video. There are also some potential new ideas. Also subscribe to the channel as I will be doing videos periodically based upon the positive responses I received.

**Expect to see Buy Alerts this week several stocks are setting up.****

As always all investment decisions need to be made by the individual.We all have different risk profiles. No two people trade the same. Please make sure if you follow the Newsletter, you follow @aretetrading on Twitter. If you already follow me on Twitter consider turning on notifications. There are times my updates are timely in regard to the Newsletter. If you do not see a position and have questions please ask me. Thank you again for all the messages telling me how this Newsletter helped your performance or made you better.

Happy New Year !!!

Lets Start the year strong!