UPRO trade ideas
Stocks will storm higher after today's upgradesIt's insane how many stocks got huge increases in their earnings forecasts today. Virtually all the mining stocks, energy stocks, China tech stocks, aerospace stocks, airlines stocks, and rideshare stocks got bumps. Some of the biggest raises came in Baidu, Boeing, and Uber. I'm also seeing some pharmaceutical upgrades in companies like Abbvie and Alexion. Some retail players got upgrades, including CVS and J Alexander's. Shipping company UPS got an upgrade, as did social media company Snap and chipmaker AMD. Given the enormous change in earnings outlook, the market's strong move higher today is just the beginning. We could see huge gains in January.
S&P500 3x: UPROSystem T Performances: Annual Compound Profit 40%, Win Rate 55%, Risk Reward 2:1, 20 Years of Backtesting Data! Follow me for my Buy & Sell signals!
S&P 500 TECHNICAL ANALYSIS ON DAILY TIMEFRAME
Last week,the index rose up to 3028 area as it was expected.
The index fell approximately -0.80,as geopolitical tensions in middleast escalated over drown attack to Saudi Arabia pipelines,which made the oil prices rise about 10%.
If 3028 servers as a mid-term pivotal support,the index prices may rise up to 3028.
S&P 500 technical and fundemental analysis on daily timeframe
Last week,the index rose up to 3028 area as it was expected.
The index fell approximately -0.80,as geopolitical tensions in middleast escalated over drown attack to Saudi Arabia pipelines,which made the oil prices rise about 10%.
If 3028 servers as a mid-term pivotal support,the index prices may rise up to 3028.
I Hope You Didn't Let The Down Days Intimidate YouI hope you haven't let the down days keep you from taking advantage of the uptrend we have been in. And remember when it reverses to sell these and go into SDS, SXPU, or SQQQ. If that is all you do you can make money without even trading stocks - just ride the appropriate ETF that either takes advantage of an up trend (like this one) or shorts the market on a downtrend (like the others mentioned)....easy peazy :)
Good Luck!
Triple Profits?ProShares UltraPro tracks the S&P 500 and uses leveraging techniques to triple the performance of the S&P 500. If tomorrow goes as expected this thing will move back above the 50 day MA. In the stock trading world crossing back above the 50 MA is called "finding support." We may as well take advantage of the expected across the market move upward; It's worth "at least" a small position to take advantage of an expected move up at triple profits isn't it?
Join me if you must, but this ain't no financial advice :)
UNFAITHFUL or CUCKOLD...I wonder if i'm not crazy, but for me the market will continue go to heaven.
Ok, price may be drops and go down... Volatility is present... but the market will continue to go UP for me !
2018... great year or ... dead year ?
Nevertheless, I wonder if the Trump's economic war with China is not a real pretext for his friends of all over the world to buy the market at the lowest...
In any case, Americans and Chinese begin to agree each other... as by chance... while last week they were ready to kill each other
Amazing, no ?
The more i look the market, the more i feel like watching a theatre piece with an unfaithful woman and a husband playing the role of the cuckold... funny indeed !!
In fact trader has to choose between two roles : Unfaithful or Cuckold :)
OPTIMISM...hello Traders,
Just to say that the next target for UPRO : around 200
Hope that UPRO go to this level :)
Bye
Jeanne
SANTA CLAUS !...Hi Traders,
Next target for UPRO : around 150
I'm a bit hallucinating of the sp500's trend and Nasdaq's trend for 1 year.
At the beginning of this year, many economist said the crash of the market was about to happen
And...
And SP500 and Nasdaq will go to the sky during 2017 !
No doubt that Crash of the market will occur... but I'm convince it's not right now in view of certain economic data.
In fact, I may be wrong, but I bet that market will continue to climb during few months again.
So to conclude, with his reform Tax, Trump is a real Santa Claus for traders at the end of this year !
Merry Christmas for everybody
Bye
Jeanne
A GOOD DEALER ?Hello traders,
UPRO is going up ?
Actualy, we can answer YES !
Next target : around 139-140
In fact, if the tax reform of Trump falls down, it can occur a big market correction.
We will see soon...
Hope that trump is a good dealer to implement his tax reform...
So, at the end, let’s be optimistic… but stay alert if bad weather happens … by arbitrate your wonderful wallet or fund with other bank asset (Gold for instance…)
Bye
Jeanne
GIVE ME A DREAM MY SWEET UPRO...Hi traders,
If you are patient...
UPRO is for you :)
target : 130
Why not...
Bye
New short opportunity Between the Fib resistance lines, the Stochastics and the Momentum, this is looking like a short setup for me.
Possible Bearish CypherBearish Cypher
Come with a chart later with SPX in focus with a reason why
White line need to be recaptured
If you agree with my chart(s) or just want to show appreciation - please... click the thumbs up in top left corner of the chart.
I would really appreciate it! Thanks!
TWUC
@BLawrenceM
Follow me on Twitter for intraday updates and scalp plays. I do my updates there.
It's a lot quicker and easier for me and you get the benefit of having the update by phone or tablet
I hope to see you there too
