Thursday July 20- ENERGY NOW PERKING UP TOO

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Things are really stacking up for traders and investors now. As mentioned in prior reports, and proven true on a day to day basis, Metals, Energy, Solar stocks, Precious Metals, and more are all signaling good things to come.  Let's get right into it...

   

NASDAQ - The NASDAQ has moved higher for 9 straight days.  It even gapped open on Wednesday. We got a 'safer buy signal' on the move out of the lows above the 50sma last week, so...

If you entered TQQQ you are up 11% in 8 days. Not bad for a fairly safer trade.

I do want to mention 1 thing though....

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Wednesday July 19

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SPX - Going long the break out is still working with a loose trailing stop, after this long sideways consolidation. The SPX held the 50sma in the recent drop.

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Just Take A Look

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For more than a month now, following weeks of choppiness and sell offs,  I've been pointing out some nice set ups in various sectors. We are now seeing decent trades and some follow through, so today I want to point out an area that I think we all should take a look at...

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