The Peters Report: Swing Trade Updates!!
Recent highlights on significant trades in the MFG portfolio to keep you in flow!!
Hey, MFG!
YES! YES! YES!
Weekends are for getting RICH!! I really hope you study your charts and do your Sunday homework every weekend.
I’m going to give you a quick market update before we get into The Peters Report swing trade updates. The markets were on fire on this past week!!
Gold (GLD) has broken out and hit a new all-time high again! The S&P 500 (SPY) and the Nasdaq (QQQ) also broke out and had their best weeks of the year! The Diamonds (DIA) climbed a bit higher and we saw a beautiful breakout move in the Russell 2000 (IWM).
The breakout in Bonds (TLT) has lost some momentum, but price is still above the 5-day EMA and never hit an extreme-high RSI reading. It would be nice to see bonds come down again, but this move isn’t over.
A stage 2 breakout is underway in Bitcoin (BTC) below its 200-day SMA. I bought 5 future contracts and have been drip adding. Bitcoin Cash (BCH) is also in a stage 2 breakout.
On Friday, Utilities (XLU) were the best performing sector of the S&P 500 (SPY), while Healthcare (XLV) was the worst. I’m in a 2x leveraged utilities trade in UTSL UTSL 0.00%↑ and still holding my shares and letting my position run.
Three standout stocks in the MFG portfolio were among the best and worst performers in the SPY SPY 0.00%↑ . Warner Bros Discovery Inc. (WBD) jumped over 10%, while Adobe Systems Inc. (ADBE) dropped 8%. Additionally, last week’s 'Trade of the Week' pick, Etsy Inc. ETSY 0.00%↑ , gained over 7%, making it the second-best performer in the SPY!
This week, I added to swing trades in X X 0.00%↑ , AMDL, TQQQ TQQQ 0.00%↑ , and UPRO UPRO 0.00%↑ . The markets look great here!! Always stay bullish!!
Let’s dig into the latest updates, insights, and moves taken on our MFG trades.
👉Let me know in the comments if you dig these swing trade updates. I appreciate you.
-GP a.k.a Fullauto11 🧙🐼
The Peters Report - Stock & Crypto Trader’s Resource
Always remain bullish and follow The Money Flow.
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The Peters Report: Swing Trade Updates!!
1. Airbnb Inc (ABNB) 💥
ABNB ABNB 0.00%↑ has finally broken out!! I’ve been accumulating shares on this recent stage 1. You could buy the breakout and look to add on any weakness. My first target is $140, my second target is $152, and my third target is $162.
2. Advanced Micro Devices, Inc (AMDL) 💥
AMD AMD 0.00%↑ is back in a stage 2 breakout. I added to my swing position in AMDL AMDL 0.00%↑ this week. This trade is past a buy point, but you could look to add on any weakness or the RSI dips below 50. Remember, when trading leveraged funds, to use the un-leveraged chart for your analysis and moves. AMDL is a 2x leveraged daily AMD ETF, so you would use the AMD chart.
3. Maplebear Inc (CART) 💥
CART CART 0.00%↑ is still in stage 2 uptrend and approaching an extreme-high RSI. I haven’t sold any shares since starting this position because I have solid, long-term conviction in this stock. Swing traders should be ready to trim at an extreme-high RSI and $38 target.
4. Chevron Corp (CVX) 📦
CVX CVX 0.00%↑ is back in a stage 1 accumulation zone. Oil (USO) had entered a stage 4 decline last week, but recovered early this week with price dropping an anchor point, putting in a doji reversal bar, and jumping above the 5-day EMA. I never closed my trade in CVX because price didn’t break the anchor point; however, it did hit its stop loss of $139, so if you got stopped out, just get back in!! This is a stage 1 buy zone here.
Grab a free copy of Gerald’s life-changing ebook “You Don’t Have To Die Broke!” CLICK HERE!
5. Krispy Kreme Inc. (DNUT) 💥
DNUT DNUT 0.00%↑ is in a stage 2 uptrend and approaching its first target of $12, its 200-day simple moving average (SMA). This stock is past a buy here. If this is a B&B trade for you, be ready to take profits. I’m holding this stock until it hits its true value range of $14-15.
6. McDonald’s Corp (MCD) 🎉
MCD MCD 0.00%↑ hasn’t stopped running!! Price blew through its second target zone and is banging an extreme-high RSI again! According to analyst Sean from Morningstar, fair value is $292 and MCD is now trading fairly valued. Look to downsize your position here, but let the rest run!!
8. Altria Group Inc. (MO) 🤑
MO MO 0.00%↑ is one of the MFG Discord favorites! This stock just went on a beautiful run and printed money along the way. Price looks to possibly be rolling over here. According to analyst Kristoffer from Morningstar, fair value is $58 and MO is trading fairly valued. There’s nothing to do here; just hold your position and collect the dividend.
9. Occidental Petroleum Corp. (OXY) ❤️🩹
OXY OXY 0.00%↑ is currently in a stage 4 decline and trading at an extreme-low RSI reading. OXY broke its $55 stop loss. Watch and wait for a proper stage 1 Money Flow setup before getting back in the trade or adding to your position. If you don’t want to trade single oil stocks and are looking to gain more market exposure, I’m in OILU OILU 0.00%↑ . This is a triple leveraged ETN of oil & gas exploration & production.
10. Roku, Inc (ROKU) 🎉
ROKU ROKU 0.00%↑ blew through its 200-day SMA and is trading at a near extreme-high RSI reading. Be ready to lock in profits in this trade again. My next target is $82.40. ROKU is also one of the MFG Discord’s favorite trades.
Get access to my “MFG Trade Ideas of The Week” chart pack CLICK HERE!!
GP’s Wrap-Up
As we wrap up these swing trade updates, it's important to remember that each of these trades is rooted in disciplined analysis and timing.
Whether you're already positioned in these trades or watching for new opportunities, staying informed and patient is key.
Continue following along as we navigate the markets together, keeping our focus sharp and ready for the next move.
Thank you, MFG!! Let me know if you enjoy these swing trade updates. I appreciate you.
Always remember, whatever you think about comes about, whatever you focus on grows. - GP
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.
Purchase GP’s Trading Book The Money Flow Trading System CLICK HERE!
Yes yea yes thank you Gerald
MFG🖨️💸💸💸💸