Before we dive into this week’s Alpha Intel Weekly Watchlist, I just wanted to let you know that later today, I’ll send you a free trade idea pulled directly from this list — all just for being a reader of Alpha Intel.
But please, do not enter this trade unless you’re comfortable managing this position on your own. If you want me to manage positions for you, check out my strategies like KingMaker Alerts, which is an excellent entry point where I give you monthly stock and options trade alerts.
And be sure to check out my weekly watchlist each Monday!
Now, on to this week’s watchlist!
Do you know where the “King Makers” (big, institutional traders) are investing their money in the market? We don’t have access to their exact buy and sell orders in real-time, but the good news is they can’t hide!
Why? Because everything they do shows up in my two favorite indicators: PRICE and VOLUME.
The Alpha Intel Weekly Watchlist gives you my top 5 stocks that have unusually high price and volume activity, and have crossed my “Alpha Line.” That doesn’t always mean these stocks will rally from here, but those are the major ingredients that help a stock soar!
One more thing I look for before deciding whether to enter a trade is where the stock’s price is in relation to its 50-day moving average. All things being equal, I want to buy a stock that is trading near or just above its 50 DMA line, and just below its 52-week high.
The Alpha Intel Weekly Watchlist is not a recommendation. It is for trade ideas only. Do not enter a position unless you’re comfortable managing it on your own.
If you want more than just trade ideas, I send actionable, KingMaker Alerts trades via text and email alerts. And not only will I send you monthly alerts on when to get into KingMaker stocks and options, but also when you should get out of them.
If you’re new to trading, don’t worry! There’s plenty of handholding and educational material, including weekly market video updates, so check out KingMaker Alerts!
And as always, please like and subscribe to our YouTube channel and podcast, “Smart Money Circle,” where I interview some of the most brilliant minds in the business. You can also follow me on Twitter, and read more of my thoughts on the market at WealthPress and on Forbes, where I’m also a contributor.
Check back each Monday morning after the open for the Alpha Intel Weekly Watchlist.