The Peters Report: GP's Swing Trades of The Week Are Hotter Than Summer, and This One Is Set to Be Just as Sizzling!

Hey, MFG!

I hope you're doing well and staying cool this summer. We may be finally seeing our first possible market correction here.

The Diamonds (DIA) are now the leading asset class of “The Wind.” Bitcoin (BTC) was close to hitting an extreme-high RSI and previous high; however, it’s now looking like it may rollover.

A stage 2 breakout is underway in Bonds (TLT) above its 200-day SMA. Gold (GLD) is still holding its stage 3 consolidation zone. The Nasdaq (QQQ) and the S&P 500 (SPY) are still in stage 4 declines. Be patient here.

Oil (USO) is also in a stage 4 decline, but closed with a doji bar right below its 200-day SMA. I’m watching closely here for a stage 1 setup and trigger before entering a 3x leveraged oil trade in OILU. I’m also watching leveraged technology funds (TQQQ, AMDL, and AMZU) for entries as well.

Most of the major indexes tracked by The Peters Report are in stage 4 declines, indicating that "The Wind" is not currently in our favor. In these conditions, selecting the right stocks becomes even more important.

One of my favorite pieces of The Peters Report is the Trade of the Week. These trades are simple and clear-cut and come with stop-losses, profit targets, and clear entry and exit strategies.

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

Long-time followers and MFG members know about my track record with these stock picks, thanks to the in-depth effort and research I put into selecting them. I aim to find trades that are simple, low-risk, and have high profit potential.

Some notable successful trades from the past include DPST, AIR, PILL, GILD, UCO, and BMY, among others. I’m confident that this week's pick will be equally 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!!