Two Things To Know About The Uptrend

With earnings from banks outpacing even ambitious expectations, there is one word that describes this market. Momentum. After a short pullback at the end of last month we have seen the market extend this epic climb and right now it isn’t showing any signs of letting up. Today brought good news from the financial sector and also positive news on jobless claims. The market has really been a driving force with untampered optimism for recovery from the pandemic. Even now, with rumblings of issues with vaccines and spikes in cases, traders continue to look forward and drive this climb upward. This leaves us with two key points to pay attention to. First, how can we leverage this upward move to get the biggest possible return? Momentum patterns are great tools to spot the stocks that are breaking out and outpacing the direction of the market. By understanding these set ups and using them to get in early, there is big money to be had. Couple that with low volatility creating cheap options, when a stock does take off the options can be very lucrative. Second is the ever present need for caution. While we can’t deny the trend we have to be diligently aware of the potential for a reversal. Again, momentum patterns are great tools for identifying when the trend is running out and exhaustion is setting in. If you want to brush up on these patterns and even learn some new ones that work with amazing reliability, grab the book Lee Gettess offered early. It is the perfect quick read packed with effective patterns. [If you missed it you can still get it here.]( --------------------------------------------------------------- [TradeWins Logo]( © 2021 Tradewins Publishing. All rights reserved. | [Privacy Policy]( | [Terms and Conditions]( | [Contact Us]( The information provided by the newsletters, trading, training and educational products related to various markets (collectively referred to as the "Services") is not customized or personalized to any particular risk profile or tolerance. Nor is the information published by Lee Gettess a customized or personalized recommendation to buy, sell, hold, or invest in particular financial products. Past performance is not necessarily indicative of future results. Trading and investing involve substantial risk and is not appropriate for everyone. The actual profit results presented here may vary with the actual profit results presented in other Lee Gettess, publications due to the different strategies and time frames presented in other publications. Trading on margin carries a high level of risk and may not be suitable for all investors. Lee Gettess, does not make any guarantee or other promise as to any results that may be obtained from using the Services. Lee Gettess, disclaims any and all liability for any investment or trading loss sustained by a subscriber. You should trade or invest only "risk capital" - money you can afford to lose. Trading stocks and stock options involves high risk and you can lose the entire principal amount invested or more. There is no guarantee that systems, indicators, or trading signals will result in profits or that they will not produce losses. Some profit examples are based on hypothetical or simulated trading. This means the trades are not actual trades and instead are hypothetical trades based on real market prices at the time the recommendation is disseminated. No actual money is invested, nor are any trades executed. Hypothetical or simulated performance is not necessarily indicative of future results. Hypothetical performance results have many inherent limitations, some of which are described below. Also, the hypothetical results do not include the costs of subscriptions, commissions, or other fees. Because the trades underlying these examples have not actually been executed, the results may understate or overstate the impact of certain market factors, such as lack of liquidity. Lee Gettess, makes no representations or warranties that any account will or is likely to achieve profits similar to those shown. No representation is being made that you will achieve profits or the same results as any person providing a testimonial. No representation is being made that any person providing a testimonial is likely to continue to experience profitable trading after the date on which the testimonial was provided, and in fact the person providing the testimonial may have subsequently experienced losses. Lee Gettess' experiences are not typical. Lee Gettess is an experienced investor and your results will vary depending on risk tolerance, amount of risk capital utilized, size of trading position, willingness to follow the rules and other factors. If you wish to stop receiving our emails or change your subscription options, please [Manage Your Subscription]( TradeWins Publishing, 528 North Country Rd., St. James, NY 11780