The Peters Report: This Week’s Power Play Swing Trade!! Don’t Miss Out!!
This week’s swing trade packs a spark!!
Hey, MFG!
I hope you're doing well and working on your goals daily. Building wealth requires consistency and commitment to the mundane.
To achieve the results that the top 5% of people in the world achieve, you must be willing to do what 95% of others won’t. Trading requires you to be disciplined and study the markets everyday.
Bitcoin (BTC) and Bitcoin Cash (BCH) are both hitting new all-time highs and trading at extreme-high RSI readings here!! I haven’t trimmed any of my crypto stocks or coins yet. The S&P 500 (SPY), the Nasdaq (QQQ), and the Dow Jones (DIA) are still trading above their 20-day SMA.
Gold (GLD) is in a stage 1 accumulation zone far above its 200-day SMA, while Bonds (TLT) are still in a stage 1 right below its 200-day SMA. Oil (USO) is still in a stage 1 zone below its 200-day SMA, while the Energy Sector (XLE) has been in a beautiful stage 2 uptrend and is now trading at a near extreme-high RSI reading.
Most of the major indexes tracked by The Peters Report are still holding their 20-day SMA and stage 3 zones indicating that The Wind is currently still in our favor. We will find out this week if the major indexes hold here, fall, or keep climbing. No matter what stage the markets are in stock selection is always very important.
One of my prized pieces of The Peters Report is the Trade of the Week. These trades are simple and straightforward and come with stop-losses, profit targets, and clear entry and exit strategies.
A text Today from one of G’s Inner Circle:
For years, my long-time friends, followers, and fellow MFG members have witnessed my success with these perfectly timed swing trades. This success stems from the rigorous effort and meticulous research I dedicate to selecting them. I focus on identifying trades that are straightforward, low-risk, and poised for significant profits.
Last week, we saw our first ever Trade of The Week beat earnings and pop almost 27%! LYFT hit its target picture perfectly!! It blew through its 200-day SMA and nearly hit its true value of $20!! I took gains and put them into this week’s pick. I call this rolling profits forward.
The Trade of the Week is our newest offering, carefully handpicked by the MFG Research Team to identify the safest and highest-return swing trade of the week.
Each selection includes a detailed fundamental breakdown, a marked-up chart, and a 5-10 minute video walking you through the entry point, stop loss, and profit targets.👈👈
Additionally, we share 1-3 runner-up trades that came close to making the cut. Our goal is to consistently provide you with the safest, highest-quality trade opportunities available.👈👈
With this Trade of The Week, I’m giving you THREE bonus trades I’m watching for an entry along with 5 exclusive Trade of The Week updates!!👈👈
Let’s dig into the charts!!👇👇