Ming Jong Tey
Independent Analyst
Watch the video extracted from the live session on 18 Jul 2023 below to find out the following:
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The only essential element to confirm if the bull or bear is winning.
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The outperforming sector to focus on maximizing the return.
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The red flag for a trend reversal to watch out for.
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The price target for S&P 500 and Nasdaq 100.
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And a lot more.
The bullish vs. bearish setup is 639 to 98 from the screenshot of my stock screener below pointing to a positive market environment.
Both the long-term and the short-term market breadth are pointing to a sustainable rally (e.g. buy on dip is back) with strength.
13 “low hanging fruits” (ACLS, UBER, etc…) trade entries setup + 25 others (U, PETQ, etc…) plus 17 “wait and hold” candidates are discussed in the video (47:04) accessed by subscribing members below.
A “good problem” from a member
Below is a screenshot from a member.
And here is her problem: how to maximize the profit while only focusing on the “strongest stocks” among a few dozen of decent trade setups? This is indeed a “good problem” to have in the current market environment.
Perhaps some would think that she could focus on the top 5 stocks and scale in to maximize the return while scaling out the rest of the stocks. This makes sense only if there are valid setups that show up in the top 5, else this will only increase the risk.
At this point, it is essential to re-assess the trading plan.
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Short-term swing trade or long-term swing trade?
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Are you comfortable switching to a position trade to aim for a higher target price and managing accordingly? This will involve allowing a higher drawdown if the stocks have a meaningful pullback.
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Could you redeploy the money stuck in those underperformed stocks back to those that trigger your setup?
The answers to the questions above are different for everyone. Therefore the trading plan will be different based on the risk profile and the adopted tactics according to the market environment.
Let me know what would you do if you are the owner of the portfolio above.
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Editors’ Picks
EUR/USD flatlines below 1.1800 ahead of Fed Minutes
EUR/USD struggles to find direction and continues to move sideways below 1.1800 for the second consecutive day on Tuesday as markets remain in holiday mood. Later in the American session, the Federal Reserve will publish the minutes of the December policy meeting.
GBP/USD retreats to 1.3500 area following earlier climb
GBP/USD loses its traction and trades flat on the day near 1.3500 after rising to the 1.3530 area early Tuesday. Trading conditions remain thin ahead of the New Year holiday, limiting the pair's volatility. The Fed will publish December meeting minutes in the late American session.
USD/JPY declines as BoJ tightening supports Yen, Fed Minutes awaited
USD/JPY trades slightly lower on Tuesday, hovering around 155.80 at the time of writing, down 0.15% on the day. The pair’s decline reflects a modest strengthening of the Japanese Yen (JPY) following the release of the Bank of Japan (BoJ) Summary of Opinions from its December policy meeting.
Editors’ Picks
EUR/USD flatlines below 1.1800 ahead of Fed Minutes
EUR/USD struggles to find direction and continues to move sideways below 1.1800 for the second consecutive day on Tuesday as markets remain in holiday mood. Later in the American session, the Federal Reserve will publish the minutes of the December policy meeting.
GBP/USD retreats to 1.3500 area following earlier climb
GBP/USD loses its traction and trades flat on the day near 1.3500 after rising to the 1.3530 area early Tuesday. Trading conditions remain thin ahead of the New Year holiday, limiting the pair's volatility. The Fed will publish December meeting minutes in the late American session.
Gold aims to regain the ground lost
Gold gathers recovery momentum and advances toward $4,400 on Tuesday after losing more than 4% on Monday. Increased margin requirements on gold and silver futures by the Chicago Mercantile Exchange Group, one of the world’s largest trading floors for commodities, prompted widespread profit-taking and portfolio rebalancing.
Tron steadies as Justin Sun invests $18 million in Tron Inc.
Tron (TRX) trades above $0.2800 at press time on Monday, hovering below the 50-day Exponential Moving Average (EMA) at $0.2859.
Bitcoin Price Annual Forecast: BTC holds long-term bullish structure heading into 2026
Bitcoin (BTC) is wrapping up 2025 as one of its most eventful years, defined by unprecedented institutional participation, major regulatory developments, and extreme price volatility.
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