Nothing is Impossible

It would seem that someone forgot to tell the system that it’s impossible to time the market.  Even I am impressed with this chart, and I designed the system!

Looking back over 2018, the trades on the chart here make it look easy, but it’s never easy when real dollars are on the line.  I am humbled when I hear the great feedback I receive.  It is hugely gratifying to help others smash it!

I will remain with my feet on the ground and continue to work to make these systems consistently perform in all markets for myself and anyone that chooses to follow along.

Thank you and congratulations to all the members of the site that took this last trade.  For some of you it was your first trade, particularly the futures trade, and I am genuinely delighted it worked so well for you all.  And for those of you who went all out with triple margin in the QLD ETF…you know where to send the bottle of scotch.  Hehehe!

Now let’s see it fall so the systems can do it again!

My best,

John

P.s. If you want to learn how to do this, register for out FREE course in June, click on the eventbrite link:

https://www.eventbrite.ca/e/profit-power-tickets-43767177807

or go to our website via this link for more information:

Profit Power Course


6800 – My Line In The Sand

In my opinion, should the Nasdaq Futures stay above 6800 overnight, I think we will see higher prices tomorrow. It’s currently around 6850.

The QLD ETF Trade closed up 12.04% today, with the Nasdaq NQM18 currently up around 400 points (+6%). I would love to see the QLD get to over $83 per share tomorrow to record a $10 per share gain. So, that is what I am hoping for, and the pattern still looks bullish to me.  Therefore, only unexpected news or a doozie of a Trump tweet can derail this trend I think.

Congratulations to all the fellow traders following this one and scooping such a big win.  I am truly delighted for you all!  But let’s hope for even more 😉

Bring in the bulls!
John

Netflix Smashes Its Earnings

 

The open trades still have stops at breakeven, but I need the market to advance a little further before I can tighten them. At the close today the ETF trade is up over 7%, but Netflix just posted earnings that smashed their expectations and added 2 million subscribers.  This has led to the Nasdaq Futures spiking in the after market.  My NQ trade is also doing very well and is now up +259.25 points ($5,185 per contract). So despite the many market concerns recently, the system did manage to get a good swing low entry into the recovery.

Assuming the futures hold on to these after hours gains I will get my required higher price in the QLD (See picture above) to allow me to zoom in on a closer profit taking stop in both Nasdaq trades.

The fly in the ointment may be at 10PM tonight, as we will have China’s Q1 GDP report – The Chinese economy grew at an annualized rate of 6.9% last year, and expectations are for the Q1 number to come in at 6.8%. This will likely influence the futures market, hopefully to the upside with a beat for another gap higher into the open tomorrow!

Bring on the bulls!
John

Friday’s “Closing Bull” Facebook Live Broadcast

Posted by How do I trade stocks? on Friday, April 13, 2018


June Event is Filling Fast

If you are a visual person, you may appreciate this picture of the system’s trades in the QLD in 2018 (Nasdaq ETF).  As you can see it has performed very well.  I am pleased with the returns and this could be a cracking good year should it keep up this kind of performance.

If you want to learn how to do this, the only way is to sign up for my course in June.  I love sharing my success, believe me, when I share my trades, I feel the emotions around my money every bit as you do, there is no bravado or arrogance here.  I just applied myself for almost 15 years to figuring out the how to get in as close to the bottom and get out as close to the top as possible.  And as you can see here, it’s doing exactly that.  And now I want to pass these findings onto others.

I would be delighted to share my insights and systems with you, space is limited, and I don’t mean that as a sales technique, as the course is FREE! 

It’s just limited as its the only event I am running this side of summer, and there will not be another opportunity until September.

At this course and any other course, you will never be sold anything, no up-sells, no special VIP group nonsense.  Just great information and an opportunity to understand the systems so that you can follow or go trade them yourself.  I promise to teach everyone how to fish for themselves.

So whats’s the catch?  Well, not exactly a catch, after the course, should you decide you want to make your life easier and just follow my signals there is a membership fee, that is all.

With 50 seats already taken, we are closing in on capacity, don’t miss out!

For more information and to sign up for the course here is the link:

https://howdoitradestocks.com/training/profit-power-course/  

My best,

John


Nailed It

Image result for hammers a nail with liquid-crystal monitor

I know it’s a bit uncouth to brag, and perhaps it’s still a little early.  But even I am impressed with the systems entry yesterday.

I am long at $73.08 in the QLD (Nasdaq ETF).  My last trade, having sat out the entire fall was Long QLD $85.73, exiting at $89.52 a few days later on March 13th.  The market has done nothing but fall since then.  And I have had to be patient and wait for a bottom signal ever since.  My last Futures trade in NQM18 was equally impressive. (As is it’s current entry point)

Now it looks like the systems have just scooped at least a short term bottom.  Both systems look like they are in for a multi-day move higher.  I don’t just say this in hope, it is based on statistics and trusted indicators and tools I have used for over 10 years.  When it works well, it can be truly dazzling!

So enough bragging…Let’s talk about overnight.  What a wild ride.  China increases it’s tariffs without putting a date on their implementation.  This caused a 40 point drop in the S&P around 4-5am.  When the panic settled, Trump’s tweet was actually quite funny:  Referring to a possible trade war – “When you’re already $500 Billion DOWN, you can’t lose!”…funny!

Anyway, it was dicey this morning, but unexpected news has a way of shaking out the weak hands and then going back in the direction it was already headed. I had noted that I expected a trend up day this week, well I got my wish right away today.

That being said, nothing will humble you faster than the stock market, so my feet are on the ground and vigilant, but this is looking really good for a swing higher, how high is anyone’s guess, but GREED is back!

Good Trading,

John


‘Mechanical Bull’ Market

Image result for wild ride mechanical bull

I got back in the market today and I had to stop myself from watching it…  It was like I was on one of those mechanical bulls!  It started the day positive after a move up in the index futures.  But Trump’s 4th tweet this week against Amazon tanked the Indexes as a whole shortly after the open.  My stop thankfully was further away than the drop, but it was a wild ride.

In the S&P 500 it reflected a drop just after 9:30am of 20 points, then it rallied 30 points before falling 25 again only to finish the day with a further 35 point rally.  I am dizzy!

Anyway, bottom line, this looks and feels like a market bottom to me.  I can of course be wrong and I am prepared to be as always.  Volatility is obviously still at play, meaning there is still a lot of fear in the market, but it’s a high probability trade in my humble opinion.  It will be cemented by a trend up day (a series of Higher Lows and Higher Highs into the close).  So I am looking for one of those tomorrow to confirm my synopsis, starting with a move higher in the futures overnight.

Bring on the bulls!

John