Would you like to inspect the original subtitles? These are the user uploaded subtitles that are being translated:
1
00:00:07,310 --> 00:00:07,700
Okay folks.
2
00:00:07,700 --> 00:00:08,240
Welcome back.
3
00:00:08,660 --> 00:00:12,770
Listen to, uh, the ICT
mentorship, June, 2017 content.
4
00:00:13,490 --> 00:00:17,450
This is ICT stock trading,
building buy watch lists.
5
00:00:24,400 --> 00:00:24,610
Okay.
6
00:00:24,610 --> 00:00:27,700
So what we have in front of us
is the list of the Dow Jones,
7
00:00:27,700 --> 00:00:29,050
industrial composite Stockland.
8
00:00:29,985 --> 00:00:36,015
This is all 30 stocks that presently
make up the Dow Jones industrial average.
9
00:00:37,545 --> 00:00:39,555
And this discussion is
going to be highlighting.
10
00:00:39,565 --> 00:00:45,315
Just focus on these Dow 30 stocks,
the same applications, obviously
11
00:00:45,355 --> 00:00:50,145
done on the S and P 500 and NASDAQ
100, but it's not necessary.
12
00:00:50,145 --> 00:00:54,795
You can make all the stock trades you'd
need just from the Dell Jones 30 stocks.
13
00:01:00,200 --> 00:01:04,069
As we already disclosed in the
first lesson I gave you the seasonal
14
00:01:04,069 --> 00:01:05,420
influences per calendar month.
15
00:01:06,230 --> 00:01:08,720
We're gonna be focusing on by watch lists.
16
00:01:08,780 --> 00:01:11,450
So there's going to be focused
primarily on the bullish months.
17
00:01:13,190 --> 00:01:19,850
We have a few months in here that
are bullish, but the primary focus
18
00:01:19,850 --> 00:01:22,610
I want you to have is not that
we're looking for individual.
19
00:01:23,775 --> 00:01:27,375
Trades, but we want to be looking
for areas in which the market
20
00:01:27,375 --> 00:01:30,135
will be wanting to trade higher.
21
00:01:30,825 --> 00:01:35,505
So we're gonna be focusing primarily
on two segments of the market in
22
00:01:35,505 --> 00:01:40,485
terms of the calendar year, what we're
looking for bullishness, it's going to
23
00:01:40,485 --> 00:01:43,365
be seen in the first half of the year
and in the second half of the year.
24
00:01:49,220 --> 00:01:50,870
It's a building by watch lists.
25
00:01:51,080 --> 00:01:51,260
Okay.
26
00:01:51,260 --> 00:01:55,640
So the filter number one we have to know
is the stock market poised to rally.
27
00:01:56,060 --> 00:01:58,370
In other words, is it
technically sound creed.
28
00:01:58,370 --> 00:02:02,200
You anticipate the stock market
to rally higher and filtering.
29
00:02:02,200 --> 00:02:07,010
Number two is during bullish months,
we want to be selecting higher, low
30
00:02:07,190 --> 00:02:12,350
stocks in the word stocks that have
made a higher, low the February to
31
00:02:12,350 --> 00:02:14,570
may months or ideal long swings.
32
00:02:15,450 --> 00:02:18,900
And the October to January months
or ideal lungs swing setups as well.
33
00:02:19,320 --> 00:02:24,150
Now, in my first discussion about
stock trading, it, it was on the free
34
00:02:24,150 --> 00:02:29,010
tutorials, how to pick a stocks, template.
35
00:02:30,150 --> 00:02:31,650
It focused primarily on the fall.
36
00:02:32,640 --> 00:02:35,880
What we're going to talk about
is the spring session here.
37
00:02:36,660 --> 00:02:39,630
And we also add some things to it,
to build in some additional insight.
38
00:02:40,890 --> 00:02:44,190
No, the majority of index stocks
generally rise when the market
39
00:02:44,490 --> 00:02:48,930
itself or a major market rallies
or moves higher in high tide, all
40
00:02:48,930 --> 00:02:51,330
boats rise, basically analogy there.
41
00:02:51,990 --> 00:02:56,040
So stocks that are trending
higher on the weekly, prior to our
42
00:02:56,160 --> 00:02:59,970
condition, looking to be a buyer,
they're going to be ideal scenarios.
43
00:03:01,650 --> 00:03:06,570
We want to avoid safe stocks like
Verizon GE, or general electric or.
44
00:03:09,285 --> 00:03:12,615
Strong stocks will have an
obvious bullish structure.
45
00:03:14,515 --> 00:03:16,645
The discounter raised with index SMT.
46
00:03:16,675 --> 00:03:19,075
We'll highlight companies that
are under heavy accumulation,
47
00:03:19,465 --> 00:03:20,995
throwing seasonally, bullish months.
48
00:03:22,645 --> 00:03:26,335
Try to narrow the selection to two to four
companies during your stock selection.
49
00:03:28,475 --> 00:03:31,655
And leadership stocks that are
aggressively bought by institutions will
50
00:03:31,655 --> 00:03:35,975
be found to fail, to drop lower during
bullish months when the three major stock
51
00:03:35,975 --> 00:03:40,595
indices decline until one of those indices
fails to post a lower, low comparably.
52
00:03:42,245 --> 00:03:47,795
So what am I saying here during periods
of seasonal tendencies for stocks to
53
00:03:47,805 --> 00:03:50,375
move higher, as we outlined in the
previous slide in the previous slide.
54
00:03:51,855 --> 00:03:53,085
Those months that are bullish.
55
00:03:53,715 --> 00:03:55,785
We're going to be focusing
primarily on when the three
56
00:03:55,785 --> 00:03:57,765
averages are making lower lows.
57
00:03:58,155 --> 00:04:03,615
When the NASDAQ, the S and P and
the Dow, one of those averages are
58
00:04:03,615 --> 00:04:04,755
going to fail to make a lower low.
59
00:04:05,115 --> 00:04:08,955
So that signals to the overall
market trend change to bullishness.
60
00:04:09,645 --> 00:04:12,165
At that same time, we're going
to be looking for stocks to
61
00:04:12,165 --> 00:04:13,725
make higher highs at this.
62
00:04:14,520 --> 00:04:17,820
Juncture, if it doesn't occur
for that particular stock, then
63
00:04:17,820 --> 00:04:21,149
obviously that stock is going to be
discarded and not concerned with.
64
00:04:24,950 --> 00:04:29,090
So we're focusing primarily on the
February to may portion of the year.
65
00:04:34,410 --> 00:04:34,680
Okay.
66
00:04:34,680 --> 00:04:38,850
And I've already gone through
the Dow 30 stocks to save time.
67
00:04:38,850 --> 00:04:41,580
Cause it's less than could easily
have been three hours long.
68
00:04:41,580 --> 00:04:42,540
If I allow that to.
69
00:04:43,500 --> 00:04:45,090
So I went through and I filled it out.
70
00:04:45,090 --> 00:04:50,160
All the stocks that met the criteria
of going from January into February,
71
00:04:50,730 --> 00:04:59,220
where the dowel Jones, which is the
solid line green line, it's trading
72
00:05:00,660 --> 00:05:06,510
lower going in from January, 2017
rates towards the mid point of January,
73
00:05:06,510 --> 00:05:09,690
2017, it made a lower low while the.
74
00:05:11,645 --> 00:05:13,085
Apple incorporated.
75
00:05:13,234 --> 00:05:17,044
AAP L stock failed to go
lower at that same time.
76
00:05:17,044 --> 00:05:21,395
So the month of January, apple
was unwilling to go lower.
77
00:05:21,395 --> 00:05:24,905
When the Dow Jones industrial
average went lower.
78
00:05:25,294 --> 00:05:27,544
So apple was showing
relative strength here.
79
00:05:27,994 --> 00:05:32,405
And that only occurs when
large institutions come in
80
00:05:32,405 --> 00:05:34,205
and they sponsor by programs.
81
00:05:34,234 --> 00:05:37,025
So lots of accumulation,
lots of buying took place.
82
00:05:37,800 --> 00:05:40,860
Around that 1 18, 1 20 per share.
83
00:05:42,510 --> 00:05:48,140
And from February all the way up into
may, there was a nice appreciation
84
00:05:48,140 --> 00:05:54,930
and the share of apple and
subsequently it went higher into may.
85
00:05:55,410 --> 00:05:58,320
And just this month, we've seen
it, the client at the time of this
86
00:05:58,320 --> 00:06:00,900
recording in June, but with CA.
87
00:06:02,085 --> 00:06:04,245
One stock market between February and may.
88
00:06:04,725 --> 00:06:08,715
We've seen the telltale hallmark
sign of accumulation by institutions
89
00:06:08,715 --> 00:06:13,035
where they failed to make a lower,
low against the Dow Jones industrial.
90
00:06:13,845 --> 00:06:17,715
And we can see the subsequent
price move with this stock.
91
00:06:20,485 --> 00:06:24,585
So between February and may, you
can see a very nice rally up and
92
00:06:24,585 --> 00:06:26,215
in appreciation in the sheriff.
93
00:06:31,595 --> 00:06:35,615
The next stock that was filtered from
going through the all 30 stocks and again,
94
00:06:35,645 --> 00:06:40,425
removing Verizon G and Coca-Cola was.
95
00:06:42,175 --> 00:06:46,435
And the same scenario here we see in the
month of January leading into the month of
96
00:06:46,435 --> 00:06:48,295
February, where it begins the bullishness.
97
00:06:48,595 --> 00:06:51,625
Again, the context is we're
going to see them buying early.
98
00:06:52,405 --> 00:06:56,155
So if they expect seasonally that
February into may, generally sees
99
00:06:56,155 --> 00:07:00,775
bullishness, the Dow Jones have created
a lower low in the month of January,
100
00:07:00,835 --> 00:07:04,585
but the share price of felling was
unwilling to go lower in January.
101
00:07:05,065 --> 00:07:06,145
So it diverged bullets.
102
00:07:07,724 --> 00:07:13,695
Notice that it gapped up in January and
then that gap was closed in the second
103
00:07:13,695 --> 00:07:17,505
trading day of February discount array.
104
00:07:18,104 --> 00:07:22,965
So we had that fair value gap traded
down, closed into it, and then
105
00:07:22,965 --> 00:07:28,544
rallied away price rallied up into
may, may had our typical decline
106
00:07:29,234 --> 00:07:31,755
into the third week of may then.
107
00:07:33,135 --> 00:07:35,385
Started its movement higher from there.
108
00:07:35,715 --> 00:07:42,185
And since traded even higher from
February's low, but look at the
109
00:07:42,185 --> 00:07:45,905
bulk of that bullishness, that
scene between February and may.
110
00:07:46,565 --> 00:07:48,245
This regard anything happened in may.
111
00:07:48,575 --> 00:07:52,835
We're just looking for the seasonal
tendencies that gives us a play for a
112
00:07:52,835 --> 00:07:56,225
stock trade during the first portion
of the year, beginning of February.
113
00:08:00,674 --> 00:08:05,715
The next doc that met the criteria of
a higher, low and buck, the trend that
114
00:08:05,715 --> 00:08:10,034
was seen with the lower, low in the Dow
Jones, industrial average in January,
115
00:08:11,594 --> 00:08:16,815
let's see between February and may nice
little appreciation in the share price,
116
00:08:17,114 --> 00:08:22,275
but then notice in may when seasonal
tendencies change from bullishness.
117
00:08:23,250 --> 00:08:27,750
It made the high and it's been trading
off rather precipitously on the downside.
118
00:08:33,480 --> 00:08:39,000
Another company is home Depot that met
the criteria in January, the Dow Jones.
119
00:08:39,450 --> 00:08:44,190
You can see what that solid line in the
background made a lower low while the
120
00:08:45,150 --> 00:08:50,250
home Depot shares were failing to make
that lower, low, and diverts around that.
121
00:08:51,090 --> 00:08:56,220
$135, a one on $36 a
share price in January.
122
00:08:57,390 --> 00:09:04,200
Then ultimately that large update
in January, it was creating a
123
00:09:04,200 --> 00:09:08,939
liquidity void and it treated down
into in February closing that range,
124
00:09:09,310 --> 00:09:11,819
fair value gap, discount array.
125
00:09:12,390 --> 00:09:17,760
And then you can see obviously the price
movement between the February anticipated
126
00:09:17,760 --> 00:09:20,280
bullishness beginning and to manage.
127
00:09:21,510 --> 00:09:23,760
Pretty very nice movement higher.
128
00:09:27,890 --> 00:09:28,100
Okay.
129
00:09:28,550 --> 00:09:29,810
Next one is McDonald's.
130
00:09:30,020 --> 00:09:37,600
It's a, the killer of, uh,
arteries, the Dow Jones.
131
00:09:37,600 --> 00:09:40,210
Again, we can see that
same lower lobe informed.
132
00:09:41,220 --> 00:09:43,830
Basically the same overlay
that's being applied.
133
00:09:44,310 --> 00:09:45,810
You can do this from bar chart.com.
134
00:09:45,810 --> 00:09:54,360
Just add a comparison and do a left
axis display on dollar sign D O w
135
00:09:54,360 --> 00:09:58,500
I that will give you the Dow Jones,
industrial overlay against any share,
136
00:09:58,770 --> 00:10:02,010
uh, or company price of a stock.
137
00:10:02,820 --> 00:10:03,570
And I have.
138
00:10:04,380 --> 00:10:08,550
The lower, low showing on a dowel
Jones that was seen in January, 2017.
139
00:10:09,210 --> 00:10:13,470
And the shares of McDonald's
were diverging bullishly that
140
00:10:13,890 --> 00:10:17,040
didn't make a lower low in
January and rallied higher up.
141
00:10:17,400 --> 00:10:22,710
And you can see the really nice movement
between February's inception of the Bush
142
00:10:23,550 --> 00:10:29,300
seasonal tendency up into a share price
of $142 that subsequently kept trading
143
00:10:29,310 --> 00:10:31,620
and moved as high as $153 a share.
144
00:10:36,155 --> 00:10:36,395
Okay.
145
00:10:36,395 --> 00:10:40,475
Our last example here that was
filtered out of the process.
146
00:10:42,425 --> 00:10:45,965
We have the dowel Jones again,
making that lower, low in January,
147
00:10:45,965 --> 00:10:50,885
but the share price of visa was
unwilling to make that lower, low.
148
00:10:51,695 --> 00:10:53,465
And between February and may.
149
00:10:53,915 --> 00:10:57,125
We've seen a nice little
appreciation between February,
150
00:10:57,995 --> 00:11:00,965
beginning and the month of may.
151
00:11:00,965 --> 00:11:01,055
So.
152
00:11:08,975 --> 00:11:10,085
So I have 30 stocks.
153
00:11:10,085 --> 00:11:12,155
We've already filtered out
a few of them that are just
154
00:11:12,155 --> 00:11:13,145
simply not gonna be followed.
155
00:11:13,685 --> 00:11:19,115
And again, they're Verizon Coca-Cola
general electric and in my opinion,
156
00:11:20,219 --> 00:11:24,209
Even Microsoft and Intel would be on
that list as well, because they're
157
00:11:24,209 --> 00:11:28,140
just companies, in my opinion, they,
they're just not exciting anymore.
158
00:11:28,380 --> 00:11:32,099
Now, those things may change in
the future, but at the time of this
159
00:11:32,099 --> 00:11:34,979
recording, I'm not real excited
about this particular company.
160
00:11:34,979 --> 00:11:41,010
So we feel, we figured it out,
basically six stocks out of that.
161
00:11:42,490 --> 00:11:43,510
Dao list.
162
00:11:43,840 --> 00:11:45,490
And the first is apple.
163
00:11:46,000 --> 00:11:47,050
The second is belling.
164
00:11:47,230 --> 00:11:48,280
The third is Disney.
165
00:11:48,790 --> 00:11:54,430
The fourth is home Depot McDonald's
and the final one and six is the visa.
166
00:11:54,460 --> 00:11:58,420
So selecting two to four from
this list would be accomplished
167
00:11:58,420 --> 00:11:59,740
by selecting call options.
168
00:12:00,660 --> 00:12:04,680
Affordable as well as where each
were trading in historical terms.
169
00:12:05,250 --> 00:12:08,850
Now, a stock from this list that
was too extended from a weekly
170
00:12:08,850 --> 00:12:12,540
or daily market structure would
eliminate it from the list.
171
00:12:12,990 --> 00:12:17,220
And what I mean by that, when we do low
resistance, liquidity runs, what we're
172
00:12:17,220 --> 00:12:20,040
doing is, is we're anticipating and run
through an old high or run through an
173
00:12:20,040 --> 00:12:22,140
old, low, a break in market structure.
174
00:12:22,140 --> 00:12:23,220
That's already qualified.
175
00:12:23,700 --> 00:12:29,069
And therefore, if we're looking for stocks
to be moving higher, Institutions like
176
00:12:29,069 --> 00:12:33,930
to see big breakouts, big movements,
higher, especially on a weekly chart and
177
00:12:33,930 --> 00:12:37,170
everything fundamentally suggesting it
should be getting going higher in a major
178
00:12:37,170 --> 00:12:38,610
market suggesting it's going to go higher.
179
00:12:38,969 --> 00:12:42,689
And we couple that with a seasonal
tendency for the market to go
180
00:12:42,689 --> 00:12:48,300
higher, you have blue ribbon
recipe for wonderful results.
181
00:12:49,620 --> 00:12:52,709
If you have a market
structure, hide, it's really.
182
00:12:54,515 --> 00:12:57,755
Higher than where you're going to be
entering at generally, you're going
183
00:12:57,755 --> 00:12:59,855
to see some lethargic price action.
184
00:12:59,944 --> 00:13:03,845
It might move a little bit, but then
eventually it'll Peter out and either go
185
00:13:03,845 --> 00:13:05,585
sideways or actually altogether reverse.
186
00:13:07,775 --> 00:13:11,105
Now quarterly increases in sales
and profits would also be a strong
187
00:13:11,105 --> 00:13:16,145
factor in keeping a stock on this
list and blending a simple seasonal,
188
00:13:16,535 --> 00:13:20,615
fundamental, and ultimately technical
trading process for selecting possible
189
00:13:20,615 --> 00:13:22,175
winning stocks is the outcome.
190
00:13:23,460 --> 00:13:25,380
So we have 30 stocks to begin with.
191
00:13:25,470 --> 00:13:27,540
We whittled it down to six stocks.
192
00:13:27,600 --> 00:13:30,480
So now let's take a closer look
at these individuals, six docs.
193
00:13:33,720 --> 00:13:33,840
Okay.
194
00:13:33,840 --> 00:13:35,820
The first in the list is apple Inc.
195
00:13:36,780 --> 00:13:43,380
As you can see here, we had
an old high back in the 2015.
196
00:13:45,025 --> 00:13:49,645
And at the time of these seasonal
tendency for 2000 seventeens, February
197
00:13:49,645 --> 00:13:54,175
month, price was trading in a position
where it was poised to break out.
198
00:13:55,105 --> 00:13:59,875
And as a low resistance liquidity
room above 1 35, we can anticipate
199
00:14:00,085 --> 00:14:03,535
institutions step in to do that
very thing and see a breakout.
200
00:14:04,465 --> 00:14:08,185
So this stock was actually very strong
from a weekly standpoint because
201
00:14:08,275 --> 00:14:11,185
each one of these bars are weekly
representation of the share price
202
00:14:11,545 --> 00:14:12,835
movement for apple and corporate.
203
00:14:14,625 --> 00:14:16,425
You can see the overall movement higher.
204
00:14:16,935 --> 00:14:22,395
Every down close candle was supporting
new buying from April, 2016, all the
205
00:14:22,395 --> 00:14:26,805
way leading up into February, where
they finally made an expansion and ran
206
00:14:26,805 --> 00:14:32,324
right through the 1 35 and ultimately
always all the way up to 1 55 per share.
207
00:14:36,045 --> 00:14:37,275
Next one is billing.
208
00:14:37,605 --> 00:14:38,595
Again, very similar.
209
00:14:38,595 --> 00:14:41,595
We had an old high back in 2015.
210
00:14:41,805 --> 00:14:42,885
Marco was consolidating.
211
00:14:43,275 --> 00:14:47,835
We saw a price down below the one
20 level clearing out cell stops.
212
00:14:48,405 --> 00:14:52,755
And then we started seeing institutional
order flow supporting down closed candles.
213
00:14:53,610 --> 00:14:55,080
Up close candles were being broken.
214
00:14:55,710 --> 00:15:00,240
We have very clean levels at one 50 and
the old high around that one 60 level.
215
00:15:00,660 --> 00:15:04,905
Ultimately, as we moved into our
Bush seasonal tendency in February,
216
00:15:04,905 --> 00:15:09,270
2017, the mark was sitting right
at old highs, perfectly ripe
217
00:15:09,540 --> 00:15:11,070
for a breakout institutions.
218
00:15:11,100 --> 00:15:11,970
Love this set up.
219
00:15:12,180 --> 00:15:14,370
They will buy, buy a lot of it.
220
00:15:14,370 --> 00:15:18,270
If it's funneling any sound as a
company, obviously billing is, and
221
00:15:18,810 --> 00:15:20,880
from $160 a share all the way up.
222
00:15:22,440 --> 00:15:23,820
Ultimately $200 a share.
223
00:15:23,820 --> 00:15:25,980
It looks like so long.
224
00:15:25,990 --> 00:15:28,950
Short is very, very good price movement.
225
00:15:30,240 --> 00:15:33,480
The weekly scenario here
again fits the bill.
226
00:15:33,480 --> 00:15:38,040
So apple and billing so far are
really strong candidates or would
227
00:15:38,040 --> 00:15:39,000
have been strong candidates.
228
00:15:39,000 --> 00:15:40,050
Let's say it like, like that.
229
00:15:40,050 --> 00:15:42,330
Michael, keep it in proper
perspective because everything
230
00:15:42,330 --> 00:15:43,290
we're teaching is hindsight.
231
00:15:47,250 --> 00:15:47,490
Okay.
232
00:15:47,490 --> 00:15:50,340
Our next one is Disney and
I want you to look at this.
233
00:15:51,405 --> 00:15:51,645
Okay.
234
00:15:51,645 --> 00:15:58,455
We have the 2015 highs around
the summer, and then we have a
235
00:15:59,055 --> 00:16:01,365
November high around that one 20.
236
00:16:01,365 --> 00:16:06,375
So it looks like they're having difficulty
at one 20 and then price made a short-term
237
00:16:06,375 --> 00:16:10,155
low in April, 2016 may time period.
238
00:16:10,845 --> 00:16:17,145
And we were re at that point of
breaking out above that, but we had a
239
00:16:17,145 --> 00:16:18,945
really weak market structure because.
240
00:16:19,680 --> 00:16:22,290
We have already blown
through a short-term high.
241
00:16:23,130 --> 00:16:29,130
And while we did have equal highs around
one 20, it was far less likely to see
242
00:16:29,130 --> 00:16:33,120
it appreciate based in comparing what
we saw on apple and billing, where it
243
00:16:33,120 --> 00:16:37,439
was very clean highs, and there was
already near the highs this we had to
244
00:16:37,439 --> 00:16:44,910
have it rally about $15 before it even
gets to the old high scene in 2015.
245
00:16:45,150 --> 00:16:48,030
So it has to have a lot more
movement to get to a new breakout.
246
00:16:49,020 --> 00:16:52,050
Institutions won't be that aggressive
about buying this type of stock because
247
00:16:52,050 --> 00:16:55,260
it's not poised technically, regardless
of what the fundamentals may be.
248
00:16:55,800 --> 00:16:58,620
It has to, they have to wait
until it gets to a technical level
249
00:16:58,620 --> 00:17:00,540
like that one 20 incidentally.
250
00:17:00,930 --> 00:17:04,530
Um, the first part of this
year in 2017, all the talking
251
00:17:04,530 --> 00:17:07,200
heads were calling for 1 21 25.
252
00:17:07,710 --> 00:17:11,630
And that was a built in sentiment
idea as a contrarian idea, it went
253
00:17:11,640 --> 00:17:15,900
as a little bit over one 16, and
then it's been trading softer since.
254
00:17:16,650 --> 00:17:17,040
So.
255
00:17:18,585 --> 00:17:21,585
Contrast look at what this
weekly chart was showing you
256
00:17:21,885 --> 00:17:23,295
versus what was shown in apple.
257
00:17:23,595 --> 00:17:29,025
And in belling, if you have to go back
and re run the video to the portion
258
00:17:29,025 --> 00:17:32,985
where it showed the apple and billing
individual charts, and you'll see,
259
00:17:32,985 --> 00:17:37,395
there's a glaring difference between
what we see as the old highs here at
260
00:17:37,395 --> 00:17:43,065
one 20, it would have to gain a lot more
ground versus where apple and Boeing
261
00:17:43,065 --> 00:17:45,375
were at the time of February, 2017, both.
262
00:17:49,290 --> 00:17:57,775
Home Depot again, very similar to billing
in apple at a time of the February,
263
00:17:57,775 --> 00:17:59,459
2017 version of seasoned tenancy.
264
00:18:00,000 --> 00:18:05,429
And when a Dow was making a lower, low,
how many, if it was not willing to do
265
00:18:05,429 --> 00:18:09,419
that, and we were real close to the old
high, you know, what's going to happen.
266
00:18:09,449 --> 00:18:13,020
It's just going to step in
by it, surge it through.
267
00:18:13,320 --> 00:18:13,860
Nice break.
268
00:18:15,455 --> 00:18:17,165
$20 a share appreciation.
269
00:18:21,365 --> 00:18:21,695
Okay.
270
00:18:22,025 --> 00:18:22,715
Next one here.
271
00:18:23,375 --> 00:18:29,285
McDonald's and we can see at
the time of our bullishness in
272
00:18:29,285 --> 00:18:34,355
2017, we had price trading just
inside of a larger consolidation.
273
00:18:35,735 --> 00:18:41,405
And we can see price had already respected
a or a block around that one 20 and
274
00:18:41,675 --> 00:18:43,625
anticipating a low resistance liquidity.
275
00:18:44,505 --> 00:18:51,255
To run that 130, $2 a share price, and
finally broke out a few months later
276
00:18:51,615 --> 00:18:59,925
and had a very aggressive run above 1
30, 2 trading as high as $155 a share.
277
00:19:01,185 --> 00:19:06,735
Really nice have this one coupled with
apple and belling home Depot as well.
278
00:19:07,395 --> 00:19:08,085
Very strong.
279
00:19:08,085 --> 00:19:09,645
So there's four candidates, right?
280
00:19:13,355 --> 00:19:18,395
And the final one here is visa, very
similar, where you're looking at at
281
00:19:18,395 --> 00:19:23,735
the time of 2017, February foolishness
anticipated visa was trading really
282
00:19:23,735 --> 00:19:30,425
close to its highs and ultimately they
surge price through and ultimately
283
00:19:30,605 --> 00:19:32,735
seeing it appreciate about $10 a share.
284
00:19:33,035 --> 00:19:37,115
So while this one was a little
lethargic, nonetheless, it still met
285
00:19:37,115 --> 00:19:39,185
the criteria as far as looking for high.
286
00:19:39,885 --> 00:19:42,885
Moves on the weekly chart,
the structure was sound.
287
00:19:43,635 --> 00:19:49,035
And while it didn't deliver it as high
as a share return, appreciation that
288
00:19:49,035 --> 00:19:54,555
the other four McDonald's home Depot
billing and apple did it still was very
289
00:19:54,555 --> 00:19:58,695
favorable in terms of the ferreting
out process that we're outlining here.
290
00:20:00,585 --> 00:20:05,745
So when we go through the process of going
through the February to spring highs in
291
00:20:05,745 --> 00:20:10,440
the stock market, Begin with the Dell 30.
292
00:20:10,830 --> 00:20:15,030
Uh, you can do the NASDAQ 100
the same way and the S and P 500.
293
00:20:15,030 --> 00:20:17,460
Now that one's going to take a
little bit more work to go through.
294
00:20:18,885 --> 00:20:21,345
You'll have a lot more stock
selections to choose from.
295
00:20:22,035 --> 00:20:25,155
Now, once we get through the process
of picking out which ones have a
296
00:20:25,185 --> 00:20:29,025
potential weekly breakout, and yes,
I'm saying breakout because stocks
297
00:20:29,025 --> 00:20:30,855
are predisposed to trade higher.
298
00:20:31,485 --> 00:20:34,965
And if you have a fundamental basis
to expect prices to go higher as, as
299
00:20:34,965 --> 00:20:37,935
a whole, when the stock market, and
you're looking at seasonally, they go
300
00:20:37,935 --> 00:20:41,235
higher and you're looking at relative
strength, ideas, supporting with
301
00:20:41,235 --> 00:20:43,335
SMT divergence between the indices.
302
00:20:44,445 --> 00:20:47,325
And that stock has shown
unless they go lower.
303
00:20:47,535 --> 00:20:53,205
You have every portion of a winning
recipe for that stock to go higher.
304
00:20:53,655 --> 00:20:54,765
It doesn't mean you're going to be right.
305
00:20:54,765 --> 00:20:58,755
It just means that statistically
speaking in historically speaking,
306
00:20:59,115 --> 00:21:02,955
these elements are there all the
time for winning stocks until next
307
00:21:02,955 --> 00:21:04,915
time I wish you good luck and good.
27373
Can't find what you're looking for?
Get subtitles in any language from opensubtitles.com, and translate them here.