Weekly Review OCT 20, 2024

How was your weekend? Mine was good, it’s beautiful here in the Midwest this time of year. Many other places like the North East and the Pacific coast are also.

What do you consider to be a “beautiful chart” ? For me it’s one that has broken out of a long term consolidation and price has risen to the upper right corner. A month ago we here at theoptionscoach.net alerted you to one that became just that. Over the past few months we have alerted you to many just like this actually.
Here’s the one we are speaking of, it’s AGX. This is what we alerted our readers to a month ago

This is AGX now

Look at that Volume bar on the day it broke out. The day we alerted you. Volume was insane, price advanced from there. A 43% increase in stock price in one single month. Maybe it’s just me, but in my personal opinion that doesn’t suck. In investing your personal belief system or trader phycology, your willingness to act or react, makes for over 90% of how far you will succeed or not succeed. That’s with stocks, bonds, etf’s options, futures, crypto, even those monkey faced trading cards called NFT’s
Alert services simply show you the plays, the rest is up to you

Recently we also alerted our readers to
SFM at 63, it’s now 118 or 87%
CAT at 330, it’s now 395 or 20%
SN at 80, it’s now 109 or 36%
The list goes on, you get the point

Not every stock that we mention is going to have those kind of returns
~~~It’s called “Trade Management” for a reason, save the strong, lose the weak~~~

Earnings Season is here, this is it.
Banks have already showed great strength
Tech is on deck
Finding stocks that beat earnings with strength is a great place to look for new entries

This is a comprehensive list of upcoming earnings from Yahoo Finance
You can check here to see if anything is of interest to you
https://finance.yahoo.com/calendar/earnings/

As earnings unfold we will be watching diligently for the ones with the best possible setups for going to the “upper right corner”, just like the ones mentioned up above
Be back in the morning

The Options Coach