The Peters Report: GP’s Swing Trades of The Week Have Been on Fire, and This One is Likely To Be Just as Successful!!

Hey, MFG!

I hope you're doing well. It's hard to believe that we’re more than halfway through 2024! We’re just now seeing our first possible market correction.

The S&P 500 (SPY) and the Nasdaq (QQQ) have rolled over into stage 4 declines along with Bonds (TLT). The Dow Jones (DIA) is still in a stage 3, but looks like it may rollover as well. I'm watching tech stocks and their leveraged funds closely here.

The breakout in Bitcoin (BTC) has lost some momentum, but it never tagged an extreme-high RSI, meaning there’s still room for price to move higher. Stay bullish. Gold (GLD) is still holding a stage 3 above its 200-day SMA.

Oil (USO) is in a stage 4 decline, but closed with a doji bar today. I’m watching for an anchor point and sideways movement of price before entering a new 3x leveraged oil trade, I’ve been researching.

Most of the major indexes tracked by The Peters Report are in stage 4 declines. This means “The Wind” is currently blowing in our face. In these situations, picking the right stocks is even more critical.

One of my favorite sections of The Peters Report is the Trade of the Week. These trades are straightforward and include stop-losses, profit targets, and clear entry and exit strategies.

A text Today from one of G’s Inner Circle:

Long-time followers are aware of my success with these selections, thanks to the extensive effort and research I invest in picking them. I strive to find trades that are straightforward, low-risk, and offer high profit potential.

Notable past successful trades include DPST, AIR, AAPL, TSLA, PFE, and DRN, just to name a few. I’m confident that this week's pick will be just as favorable.

Let’s dig into the chart and watch a short video of G breaking down the trade of the week with the entry, exits, and price targets.

And as a bonus, 2 runner-up trades that were almost this week’s pick!!