The3xETFTrader

The3xETFTrader

Morning Reports

3X ETF Morning Report 3/1/24

Morning Reports
Comments 3
{:like=>"Like", :liked=>"Liked", :likes_html=>{:one=>"1 <span class='like-text'>like</span>", :other=>"%{count} <span class='like-text'>likes</span>"}, :index=>{:more_likes=>{:one=>"And one more", :other=>"And %{count} more"}}} 1
Website Tips:  Your account link is listed below to manage your account

Account Link: [hidden link]

Markets:   SP 500 at 5096, I've had a 5140 target for almost 2 months now, so getting close. ES Futures members are long from 5077 looking to sell 1/2 at 5110 and ride the rest higher hopefully.  5101 currently.  NAS 100 (QQQ) Can push higher per our TQQQ new position we are adding into today.

3x ETF…

3X ETF Morning Report 2/29/24

Morning Reports
Comments 0
{:like=>"Like", :liked=>"Liked", :likes_html=>{:one=>"1 <span class='like-text'>like</span>", :other=>"%{count} <span class='like-text'>likes</span>"}, :index=>{:more_likes=>{:one=>"And one more", :other=>"And %{count} more"}}} 1
Website Tips:  Your account link is listed below to manage your account

Account Link: [hidden link]

Markets:   Futures up on benign PCE Inflation Report

 ES Alerts members are long the SP 500 via buying 5090 and 5065 dips this week, currently 5098.  Markets could still push higher yet.  Last week I had an ES (SP 500) chart showing 5110 area as likely resistance on the futures, that has held true so far.  If…

3x ETF Morning Report 2/28/24

Morning Reports
Comments 0
{:like=>"Like", :liked=>"Liked", :likes_html=>{:one=>"1 <span class='like-text'>like</span>", :other=>"%{count} <span class='like-text'>likes</span>"}, :index=>{:more_likes=>{:one=>"And one more", :other=>"And %{count} more"}}} 1
Website Tips:  Your account link is listed below to manage your account

Account Link: [hidden link]

Markets:   Futures down .50% or so to start the morning

 QQQ is in a 3 week consolidation near highs, could make one more push yet. SP 500 also consolidating not too far off highs, could also push another leg up.   

3x ETF Updates:  I'm patiently watching... my job is to do the best for my members…

3x ETF Morning Report 2/27/24

Morning Reports
Comments 1
{:like=>"Like", :liked=>"Liked", :likes_html=>{:one=>"1 <span class='like-text'>like</span>", :other=>"%{count} <span class='like-text'>likes</span>"}, :index=>{:more_likes=>{:one=>"And one more", :other=>"And %{count} more"}}} 1
Website Tips:  Your account link is listed below to manage your account

Account Link: [hidden link]

Markets:   
 QQQ is in a 3 week consolidation near highs, could make one more push yet. 

3x ETF Updates:

Watch List: SOXL, NUGT, TQQQ

I'm watching SOXL currently 41.23 for a possible re-entry.  Recall we sold at 39 which was my target from 34.40 for nice gains recently, so that is on my radar on a…

3x ETF Morning Report 2/26/24

Morning Reports
Comments 1
{:like=>"Like", :liked=>"Liked", :likes_html=>{:one=>"1 <span class='like-text'>like</span>", :other=>"%{count} <span class='like-text'>likes</span>"}, :index=>{:more_likes=>{:one=>"And one more", :other=>"And %{count} more"}}} 1
Website Tips:  Your account link is listed below to manage your account

Account Link: [hidden link]

Markets:   

Talking SP 500 here, we basically nearly hit my 5140 ES target I had put out weeks ago last week at the highs.  Now consolidating a bit, long positions here have some higher risk but doesn't mean this Bull market can't run further. 

3x ETF Updates:

Watch List: SOXL

I'm watching SOXL currently 40.60 for…

3x ETF Morning Report 2/23/24

Morning Reports
Comments 0
{:like=>"Like", :liked=>"Liked", :likes_html=>{:one=>"1 <span class='like-text'>like</span>", :other=>"%{count} <span class='like-text'>likes</span>"}, :index=>{:more_likes=>{:one=>"And one more", :other=>"And %{count} more"}}} 2
Website Tips:  Your account link is listed below to manage your account

Account Link: [hidden link]

Markets:  See long term QQQ and SP 500 Charts at bottom for bull market reference, these are monthly charts showing breakouts in early 2024 of long term resistance. Short term a bit overbought, 5140 was my SP 500 target I put out in January and we are close.

3x ETF Updates

Closing YINN This morning for 22-23%…

3x ETF Morning Report 2/22/24

Morning Reports
Comments 0
{:like=>"Like", :liked=>"Liked", :likes_html=>{:one=>"1 <span class='like-text'>like</span>", :other=>"%{count} <span class='like-text'>likes</span>"}, :index=>{:more_likes=>{:one=>"And one more", :other=>"And %{count} more"}}} 0
Sorry the Annual Members did not get report this morning. It was my clerical error

Here it is

Website Tips:  Your account link is listed below to manage your account

Account Link: [hidden link]

Markets:

As I said yesterday, normal correction in markets.  NVDA earnings blew away all expectations and have accounted for this smash higher in futures trade this morning. The ES Futures contract ran from 4960 to 5068 which is a…

3x ETF Morning Report 2/22/24

Morning Reports
Comments 0
{:like=>"Like", :liked=>"Liked", :likes_html=>{:one=>"1 <span class='like-text'>like</span>", :other=>"%{count} <span class='like-text'>likes</span>"}, :index=>{:more_likes=>{:one=>"And one more", :other=>"And %{count} more"}}} 1
Website Tips:  Your account link is listed below to manage your account

Account Link: [hidden link]

Markets:

As I said yesterday, normal correction in markets.  NVDA earnings blew away all expectations and have accounted for this smash higher in futures trade this morning. The ES Futures contract ran from 4960 to 5068 which is a stunning turnaround. Therefore we are seeing 3x ETF's like SOXL, TQQQ etc ripping higher, none of which you…

3x ETF Morning Report 2/21/24

Morning Reports
Comments 2
{:like=>"Like", :liked=>"Liked", :likes_html=>{:one=>"1 <span class='like-text'>like</span>", :other=>"%{count} <span class='like-text'>likes</span>"}, :index=>{:more_likes=>{:one=>"And one more", :other=>"And %{count} more"}}} 1
Website Tips:  Your account link is listed below to manage your account

Account Link: [hidden link]

We are looking to add hopefully 1-2 new positions or adds this week to existing positions, so stay tuned.

Markets:

Normal correction here in the SP 500, Small Caps, QQQ ETF etc.  Key is determining levels that make sense on a pullback and then having a strategy, whether that's stock swing trading, 3x ETF, Futures etc.

SP…

3x ETF Morning Report 2/20/24

Morning Reports
Comments 0
{:like=>"Like", :liked=>"Liked", :likes_html=>{:one=>"1 <span class='like-text'>like</span>", :other=>"%{count} <span class='like-text'>likes</span>"}, :index=>{:more_likes=>{:one=>"And one more", :other=>"And %{count} more"}}} 1
Website Tips:  Your account link is listed below to manage your account

Account Link: [hidden link]

We are looking to add hopefully 1-2 new positions or adds this week to existing positions, so stay tuned.

3x ETF Action Items:   TNA and YINN

TNA- Sell Position if you see $41, Double up over 24 hours scale in if you see 36.50

YINN- Stop now 16 near close on final 1/2 of trade up…

3x ETF Morning Report 2/13/24

Morning Reports
Comments 0
{:like=>"Like", :liked=>"Liked", :likes_html=>{:one=>"1 <span class='like-text'>like</span>", :other=>"%{count} <span class='like-text'>likes</span>"}, :index=>{:more_likes=>{:one=>"And one more", :other=>"And %{count} more"}}} 1
Market reacting negatively to early Inflation Report:
  • Stock futures are falling further after this morning's inflation data came in hotter than expected.
  • The report shows consumer prices rose 3.1% in January from a year earlier. That was a cooldown from last month but more than the 2.9% increase economists polled by The Wall Street Journal expected.
  • Core prices—which exclude food and energy items—rose 3.9%. That was also above the 3.7% increase economists…

3x ETF Morning Report 2/6/24

Morning Reports
Comments 0
{:like=>"Like", :liked=>"Liked", :likes_html=>{:one=>"1 <span class='like-text'>like</span>", :other=>"%{count} <span class='like-text'>likes</span>"}, :index=>{:more_likes=>{:one=>"And one more", :other=>"And %{count} more"}}} 1
Website Tips:  Your account link is listed below to manage your account

Account Link: [hidden link]

Double up on TNA if $32 hit , Remove double up on YINN at 14 for now

SOXL  $35.48 pre market up, Avg entry 34.30 10%

Didn't quite get to my pivot lows to double up so we are still 10% position here but now back in the green at 35.50 area from 34.30 entry average. Maintain…

3x ETF Morning Report 2/1/24

Morning Reports
Comments 2
{:like=>"Like", :liked=>"Liked", :likes_html=>{:one=>"1 <span class='like-text'>like</span>", :other=>"%{count} <span class='like-text'>likes</span>"}, :index=>{:more_likes=>{:one=>"And one more", :other=>"And %{count} more"}}} 1
Website Tips: Comments or questions on posts

If you are logged into the full site, you can comment on any post and I will keep an eye out to respond during the day.   Click on the Email you get and the Title and it will take you to the website and the post where you can comment or ask questions.

Morning Market notes from SRP service: Stockreversalspremium.com

ES Futures hit 4872…

3x ETF Morning Report 1/30/24

Morning Reports
Comments 4
{:like=>"Like", :liked=>"Liked", :likes_html=>{:one=>"1 <span class='like-text'>like</span>", :other=>"%{count} <span class='like-text'>likes</span>"}, :index=>{:more_likes=>{:one=>"And one more", :other=>"And %{count} more"}}} 1
Quick Website Tips:   If you get an SMS text alert that has a URL for the 3x ETF Trade Alert Post, click on the URL in the text message, and when logged in you MUST click the post title to read a full post. This also is true for morning reports and regular posts online.  Click the title on any post in the Email to go to the website directly.  The…

3x ETF Morning Report 1/26/24

Morning Reports
Comments 0
{:like=>"Like", :liked=>"Liked", :likes_html=>{:one=>"1 <span class='like-text'>like</span>", :other=>"%{count} <span class='like-text'>likes</span>"}, :index=>{:more_likes=>{:one=>"And one more", :other=>"And %{count} more"}}} 1
Quick Website Tips:   If you get an SMS text alert that has a URL for the 3x ETF Trade Alert Post, click on the URL in the text message, and when logged in you MUST click the post title to read a full post. This also is true for morning reports and regular posts online.  Click the title on any post in the Email to go to the website directly.  The…

3x ETF Morning Report 1/25/24

Morning Reports
Comments 0
{:like=>"Like", :liked=>"Liked", :likes_html=>{:one=>"1 <span class='like-text'>like</span>", :other=>"%{count} <span class='like-text'>likes</span>"}, :index=>{:more_likes=>{:one=>"And one more", :other=>"And %{count} more"}}} 1
Quick Website Tips:   If you get an SMS text alert that has a URL for the 3x ETF Trade Alert Post, click on the URL in the text message, and when logged in you MUST click the post title to read a full post. This also is true for morning reports and regular posts online.  Click the title on any post to read the entire post.  The title will always be…

3x ETF Morning Report 1/24/24

Morning Reports
Comments 0
{:like=>"Like", :liked=>"Liked", :likes_html=>{:one=>"1 <span class='like-text'>like</span>", :other=>"%{count} <span class='like-text'>likes</span>"}, :index=>{:more_likes=>{:one=>"And one more", :other=>"And %{count} more"}}} 1
Quick Website Tips:   If you get an SMS text alert that has a URL for the Alert Post, click on the URL in the text message, and when logged in you MUST click the post title to read a full post. This also is true for morning reports and regular posts online.  Click the title on any post to read the entire post.  The title will always be bolded black color. …

3x ETF Morning Report 1/23/24

Morning Reports
Comments 1
{:like=>"Like", :liked=>"Liked", :likes_html=>{:one=>"1 <span class='like-text'>like</span>", :other=>"%{count} <span class='like-text'>likes</span>"}, :index=>{:more_likes=>{:one=>"And one more", :other=>"And %{count} more"}}} 3
Bull market continues to run so today I thought I would give you my views of what is going on from a LONG TERM Elliott Wave perspective.  Again, Elliott Waves can be interpreted in different ways using the same chart with 5 different people giving you 5 different views. Mine have tended to be very simplified, less labels, gut instinct projections that for 15 years have worked very well most of the…

3x ETF Morning Report 1/22/24

Morning Reports
Comments 3
{:like=>"Like", :liked=>"Liked", :likes_html=>{:one=>"1 <span class='like-text'>like</span>", :other=>"%{count} <span class='like-text'>likes</span>"}, :index=>{:more_likes=>{:one=>"And one more", :other=>"And %{count} more"}}} 1
The morning report comes out each morning prior to 930am EST market open. Please make sure to review as I will update strategy plans, stop losses possibly, targets and open positions.

The market continues the Bull run and those who have followed me awhile or are members of this or other plans I offer know I updated my SP 500 forecast to 4900 in early November. I had a 4800 target for…

3x ETF Morning Report 1/19/24

Morning Reports
Comments 0
{:like=>"Like", :liked=>"Liked", :likes_html=>{:one=>"1 <span class='like-text'>like</span>", :other=>"%{count} <span class='like-text'>likes</span>"}, :index=>{:more_likes=>{:one=>"And one more", :other=>"And %{count} more"}}} 0
Markets moving higher, turns out the sharp pullback earlier this week was a shakeout if you will and we sold out of both SOXL and TQQQ a bit early but a profit is a profit. TQQQ getting close to my 54 target from weeks ago so my behavioral pattern analysis is on target

LABU did not pullback far enough and now is over 111, so I may adjust the parameters and will…