Amazon Stock Split
Hi everyone and welcome to the Yellow Tunnel community, an aggressive short-term trading service dedicated to all classes of traders seeking to elevate their trading skills, market awareness and trading profits.
August closed out with a bang, September sucked all the rally chasers in at the top and this past week saw the Robin Hood crowd get buzz sawed as the high fliers like Tesla, Zoom, Nvidia, Square and DocuSign filled some major gaps underneath. It has been a full two-day rinsing for the Nasdaq, which was by every measure very overbought.
There is constructive rotation occurring where industrials and the epicenter stocks are seeing strong fund flows. Money isn’t leaving the market - it’s just moving into more economically sensitive sectors – a very healthy and technically constructive development for the primary uptrend to be sustained.
Now that we seen the market incur a sharp haircut, stocks like Apple, Home Depot, MasterCard and Nvidia are once again popping up on our AI platform as attractive trades from the long side. We’ll be working these and other leading blue-chip stocks next week as the market stabilizes from the much-needed pull back.
NEW WEEKLY POWER TRADER SERVICE
We recently launched our new Weekly Power Trader service that we at Yellow Tunnel are very excited about. Each week on Sunday, our expert traders use our AI Tools to provide the Top Bullish and Bearish Stocks, each with an Entry Price, Target Profit, and Stop Loss.
Also, note that the Weekly Power Trader signals are meant to last for 5-10 days as long as the vector confirms the same direction as the original pick; for stocks, we use a target gain of 2% and stop as 2% of the stock price.
Signals have averaged over 75% accuracy in my live trading since inception. Sometimes we hold position 2-5 days by using options (selling OTM BULLISH PUT spread) and targeting 1% target gain and 1% stop loss using stock price. Green color should be interpreted as a bullish signal and Red color as a bearish signal.
What is highly notable is the quality of the trades our AI platform puts out week after week and now that economic data is showing marked improvement with housing, jobs and consumer spending numbers all firming up, we are using the current market weakness to line up our favorite names to trade for the week ahead.