Finally this broad market got a hold of a little Peruvian marching powder and decided to wake up after a 3 week slumber!
Almost every Monitor in the report woke up this week including:
Swing Monitor:
HIMS 0.00%↑ which has been on a tear since we added it at the end of September
TSM 0.00%↑ - new all time high ahead of earnings this week. Trimmed longs today big 4 month move for subscribers.
Boing Boing Monitor (left for dead):
ELF 0.00%↑ - nice move the last few days and nice gains
Momentum Monitor
MSFT 0.00%↑ - Nice opening drive long to make some gains.
The report is dynamic - it’s all in how you use it and when you unlock it, it really is as good as it gets because you get to trade cross-asset: short-term, long-term, long or short… I mean there’s no shortage of idea generation.
That’s key and I don’t care who you are reading this it benefits everyone.
New YouTube Channel - The Momentum Monitor
I get a lot of questions still about day trading/momentum setups on the weekly AOTW and I just really reply to you all on email.
The show is really meant for investing long term/macro/fundamentals but I have to admit - it does get boring to talk about and the day trading/momentum stuff is second nature to me after two decades.
My goal is to make 2 videos a week.
All around Momentum Trading & The Momentum Monitor.
No macro. No futures. No balance sheet analysis.
Just simple momentum trading - something I’ve done for nearly 2 decades and still do here and there.