Weekly Preview Session
MAY 1 2022 WEEKLY PREVIEW
Finding the last of the bearish stocks for the rest of the 80 day cycle with fundamental research, scans on strength and weakness. Preparing for the end of this 80 day cycle.
Guys this is a no nonsense place of business. I want you to know I don't fluff, waste time, try to inspire or anything like that. Im just trying to get my points across and be done. We are all here to learn and make money if possible. This week, I am doing the introduction to scanning for stocks that are going to do bad at the end of an 80 day cycle. This is going to be like a normal class that I will be giving for those that are part of the upcoming program in cyclical trading. I will send you the stocks that are found on the scans if you submit your email address to the link in the description, I will send them.
We have to first remember that opportunity is also cyclical. The important thing is that at least once in a while, that we are all ready to take the very best trades as they come. If I am looking at it on a live stream or recorded class like this, its because its important. And It is only cyclical. Im not looking at fundamentals, news, politics anything else at all. So it can get boring. I apologize for that. But the quicker you soak up the knowledge In providing, the better for your understanding.
Goals for today:
Find the next probable 10 day trough in SP500
At the end of an 80 day cycle, we need to scan for stocks that are going to do badly in the next week, as the final sellers appear before a new 80 day cycle. Of course, to also get ready for the upcoming 80 day cycle in hot sectors, its important to be ready, so we are gonna make sure to look at that. It is always at the end of the 2nd half of the 80 day cycle that we will make preparations for the end of the 80 day cycle. Thats what were doing.
Scan page and sector rotation with list of good and bad sectors
10 weeklies stocks and sectors watchlist in description
One stock of each sector:
Information, communication, consumer discretionary, financials
HPQ, EA, YUM, COF
There are no bullish stocks
Theres a lot more to this, so I suggest you use discretion and try to understand cycles before using any information that I gave you today. But please go to the description link for the watchlist for this week.