MFG Trade of The Week

Direxion Daily Utilities Bull 3X Shares (UTSL)

Hey MFG!

The markets continue to climb higher! The Nasdaq (QQQ) and the S&P 500 (SPY) continue to lead the Wind. Both assets pulled back a bit and are no longer trading at extreme-high RSI readings. Still use caution here and lock in profits.

The Dow Jones (DIA) is still in a stage 2 uptrend and trading at a near extreme-high RSI reading. Oil (USO) and Gold (GLD) are still in stage 2 uptrends above their 200-day SMA.

A stage 2 breakout is underway in Bonds (TLT) right above its 200-day SMA. Bitcoin (BTC) and Bitcoin Cash (BCH) are in stage 1 accumulation zones. I’m a buyer of all stage 1s of BTC and BCH.

We saw a nice move in The Russell 2000 (IWMY) and Utilities (XLU/UTSL) broke out.

TSLA continued to climb higher. I locked in gains on the 2x leveraged TSLA swing trade TSLR/TSLL and let the rest of the positions run.

This week, I added to MPW, my B&B swing trade in BMY, and called an audible on MCD and added shares.

My last message to you was about my swing trade in Lyft, Inc (LYFT) which is currently still in a stage 1 accumulation zone. I’m accumulating shares here.

Grab a free copy of Gerald’s ebook You Don’t Have To Die Broke! CLICK HERE!

Always remain bullish and follow The Money Flow.

The Peters Report - Stock & Crypto Trader’s Resource

-GP a.k.a Fullauto11

Looking for a group of likeminded people to trade with? Text alerts and the MFG Discord. Text GP 1-936-661-7786 or email GP fullauto11@gmail.com to join.

NEW ANNOUNCEMENT!!

My newest ebook, The Bread-And-Butter Trading System will be available for sale soon!! I’m not sure where that term came from, but bread and butter are staple American foods.

This strategy became my staple food- my go to strategy to add “alpha” to my buy and hold stock dividend portfolio. It literally became my bread-and-butter trading method.

Stay tuned for the release date and be among the first to get your copy. Don't miss out on this opportunity to step up your buy and hold portfolios and advance your trading skills.

Follow the MFG Substack: The Peters Report: The Ultimate Resource for Traders to receive an exclusive discount and be notified as soon as the ebook is available!

THIS WEEK’S HOMEWORK VIDEO!! THE EVOLUTION OF A TRADER!! VERY IMPORTANT CONCEPTS TO UNDERSTAND!! CLICK HERE!!

Quick trade update:

2x leveraged crude oil trade UCO hit both of its targets. Now is time to lock in some profits.

[See UCO chart below with target zones.]

MFG Swing Trade of The Week

Today's message is about Direxion Daily Utilities Bull 3X Shares (UTSL). This ETF seeks daily investment results, before fees and expenses, of 300% of the performance of the Utilities Select Sector Index.

Essentially, UTSL is a leveraged ETF that aims to triple the daily movement of utilities prices.

Utilities (XLU/UTSL) is currently in a stage 2 breakout according to the Money Flow Trading System and trading above its 200-day SMA. I opened my swing trade earlier in the week and added shares Tuesday. You could add on any weakness.

[See UTSL chart below with the target zone.]

See UTSL chart inside my “Trade Ideas” Chart Pack CLICK HERE

Why Invest In Utilities Stocks?

Investors typically start buying utility stocks during periods of economic uncertainty or market volatility. This behavior is due to several factors:

1. Stability and Reliability: Utility companies provide essential services (electricity, water, gas), which ensures a steady demand regardless of economic conditions. This makes their revenue and dividends relatively stable.

2. Defensive Characteristics: Utilities are considered defensive stocks. They tend to perform well during downturns because their services are always needed, offering a safe haven for investors.

3. Dividend Yields: Utility stocks often pay higher-than-average dividends, making them attractive for income-focused investors, especially when interest rates are low or during periods of market volatility.

4. Low Beta: Utility stocks typically have a low beta, meaning they are less volatile and tend to move less than the overall market. This makes them appealing during times of high market volatility.

Some of the top holdings in the XLU SPDR ETF include NEE, SO, DUK, D, and AEP. Dig into these companies, look for stage 1 setups, and consider adding some to your buy and hold portfolio.

GP’s Wrap-Up

UTSL is one of, if not, my most favorite leveraged fund to trade around a position.

Overall, investors start buying utility stocks when they seek stability, consistent income, and lower volatility to protect their portfolios during uncertain economic times.

DO YOUR HOMEWORK!!!

I can’t stress enough the importance of doing your homework every weekend! This practice is essential for learning how to observe market structure and rotation and being successful in the stock market

By doing my whiteboard, I’m able to get ahead and stock pick perfect swing trade setups.

This is how I identify all my trades—by diligently doing my homework each Sunday!

If you need help with identifying which stages your stocks are in, or using the Money Flow indicators, consider my course:

“The Money Flow Trading System Swing Trading Bootcamp Course!” CLICK HERE!

“There are three motives for which we live; we live for the body, we live for the mind, we live for the soul. No one of these is better or holier than the other; all are alike desirable, and no one of the three—body, mind, or soul—can live fully if either of the others is cut short of full life and expression.” - Wallace Wattles, The Science of Getting Rich

Always remember, whatever you think about comes about, whatever you focus on grows. - GP

Purchase a hard copy of Gerald’s swing trading strategy book called The Money Flow Trading System. CLICK HERE!

We never know where the market is going to go. We do know the stock market climbs higher 70% of the time. Check your charts everyday and keep in flow. 

If you need help with this, consider Gerald's course, "Getting Started with Stock Charts the Money Flow Way" and you will be ready to add shares to your portfolios on stage 1 when the markets are about to possibly rotate and trim profits when opportunities arise.

They say that you can’t buy bottoms or sell tops; The Money Flow Trading System can show you how to buy ALL the tops and the bottoms and stay in the flow.

That is what the Money Flow Trading System is all about. Being in flow with the stock market. Simple? YES! Easy? NO, but what in life that is worth having is? Stay the course, don't give up and don't get shaken out by wars, the Fed raising rates, rumors of recession, or any other event that may come.

Don't forget, 70% of the time the stock market climbs higher and the other 30% sets up for good buying opportunities.