February 14th, 2021 | Issue 63
Hello Traders, Thankfully I have been recovering from Covid and feeling well. This is quite a blessing, since I have witnessed first-hand of how bad it can get. This blessing, however, comes with some serious time to reflect. I have been spending hours in isolation, surrounded by nothing but work and medicine.
So, another blessing has been my five-year-old son, who due to quarantine, is also stuck home all day. He facetimes with me, leaves me notes on the stairs and goes for walks with me, well equipped in his snowsuit and a mask. We stay pretty far apart, as we walk around the neighborhood, him showing me all the secret passages, I never knew existed. It's pretty amazing to be able to spend this random and strange time with him, but a true blessing nevertheless.
It's been another head-turning week of market-moving headlines that included everything from stunning earnings reports, to post-Presidential impeachment hearings, to dramatically improving COVID data, to a $1.9 trillion stimulus package on the verge of making it through Congress.
Against this generally upbeat backdrop, the stock market has performed in mixed fashion, digesting what had been a strong upward move in the preceding weeks that simply deserved a breather of sorts. Heading into a long three-day weekend with Monday being Presidents Day, there is typically reduced conviction given the element of headline risk when markets are closed here in the U.S. but open overseas.
By and large, though, the amount of stimulus coming in the form of Fed QE and Congressional spending in conjunction with fund flows out of bonds and into stocks, it's to the advantage of traders not to fight this bullish tape. There's just so much money looking to pounce on every dip, that until this behavior changes, where traders are looking to sell rallies, the bull trend will continue to be our friend.
To great returns, Vlad Karpel P.S. Please see below for access to the Power Trading Live Strategy Roundtable presentation I recorded on Thursday, February 11th. The link is below...
TRADE IDEA OF THE WEEK Another way to play the crypto wave is by owning companies that are providing the high-tech tools for mining cryptocurrencies. One such company is engaged in the research, design, and sale of integrated circuit (IC) final system products by integrating IC products for bitcoin mining and related components primarily in the People's Republic of China.
The company has a strategic cooperation with Northern Data AG in the areas of artificial intelligence development, blockchain technology, and data center operations. Canaan was founded in 2013 and is based in China.
This was a relatively undiscovered stock until about a week ago when the latest crypto rally had brought to light this particular company. In its most recent press release....
CURRENT TRADING LANDSCAPE The SPY continues to trade in a volatile fashion today and closed flat again. Emerging Market (EEM) and Semiconductors (SMH) are the only two sectors with strong performance late last week. The short-term range remains between $370 and $395. The DXY started its correction and continues to trade to the downside. TLT remains in the downward momentum as the yield curve steepens.
The question on everyone's mind is still: Is this the beginning of the next leg up in the market or is this a short-term bounce followed by another retest of the recent lows (ABC pattern). At this point, I would not chase the market due to the risk vs the reward. The key support is now at $364-$370 and I expect the SPY to retest these levels in the next 1-2 weeks. The $388 level is key support for the SPY short term.
The bottoming process has started and the worse part of the sell-off is now behind us. The market will finish the bottoming process by end of February and will resume bullish momentum as we approach end of February/ early March...
SECTOR SPOTLIGHT
Another week, another big move in Bitcoin after news of Elon Musk buying $1.5 billion of the cryptocurrency for the Telsa treasury as well as suggesting that customers can purchase a Tesla with Bitcoin in the future. When Elon talks, everyone listens.
He is not only the richest man in the world, but arguably the most intelligent. So, his thoughts and actions trigger huge reactions, and this time with Bitcoin was all this sector needed to fuel a move to new all-time highs, clearing $49,000.
Shares of the Grayscale Bitcoin Trust (GBTC) are in sharply in focus for traders that want to trade Bitcoin on a national exchange that is fraught with speculation and volatility. As a sector play that is highly liquid, GBTC providesis provides an instrument that is highly correlated to the underlying price movement of Bitcoin...
Power Trading Live Strategy Roundtable
To effectively compete in the rapidly moving equity markets, active day traders and swing traders must stay ahead of new market innovations and technological changes used by hedge fund traders and proprietary trading firms. With traders like you in mind, we designed this intensive roundtable where you will deepen your understanding of all aspects of stock and options trading.
I will show you:
Click Here To Watch Our Most Recent Trading Session, Recorded On Thursday, February 11th.
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
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 see how I trade Aggressive Power Trader signals in my account.
Here is a snapshot of how we produce our Daily Live Trading Room Sessions and how we pack in a lot of information which can be accessed from whatever device your driving.
WEEKLY POWER TRADER We recently launched our new Weekly Power Trader service 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.
The next Weekly Power Trader list will be posted on Sunday night, February 14th. Don't miss the next winner. Weekly Power Trader Stock Watch List Weekly Power Trader Options Watch List
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. This email was sent to edwardlorilla1986.paxforex@blogger.com by info@yellowtunnel.com. Questions or inquiries regarding the website and/or service may be submitted via email to info@yellowtunnel.com. You may also complete our inquiry form located here.
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