My strategy is to buy 5-10% market corrections...
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August 23th, 2020 | Issue 38
Hello Traders,Ă‚
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.
Some long-needed consolidation for the market is occurring at near the all-time highs in impressive lateral price action. The appetite for the leading mega-cap tech stocks remains high and with six stocks accounting for 25% of the S&P 500, as they go, so goes the market. Apple, Amazon, Microsoft, Google, Facebook and Netflix continue to bear the market’s torch.
Traders are looking for alternative assets to reduce stock market and dollar risk, which is why the popularity of assets like Bitcoin and gold have flourished. The good news is recent this run-up may still just be in the early stages of a cyclical move higher which could take the price of Bitcoin back up toward its old high of around $19,000.
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To great returns,
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Vlad Karpel
YellowTunnel and Tradespoon Founder
P.S. Please see below for access to the Power Trading Live Strategy Roundtable I recorder on Thursday, August 20th.
TRADE IDEA OF THE WEEK
Of the many ways to play cryptocurrencies, stock investors need to look no further than owning shares of this trust that is the world’s largest digital currency asset manager. Shares are structured to mirror the day-to-day movement of the price of Bitcoin and trade an average of 6 million shares per day.
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Since there are no options traded for this equity, this is a pure stock trade for those that want to participate in the Bitcoin rally. But that won’t deter us from working with this strategy among our recommended trades. If my AI tools flash strong indicators, we’ll be highly inclined to get fully involved. Stay tuned!
[Click here to continue to this week’s Power Trade pick…](
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CURRENT TRADING LANDSCAPE
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The market continues to make incremental gains with the narrow leadership of Technology Sector (FAANG and WFH) stocks. Treasury prices continue to build the bottom (the TLT traded below 50 days MA) and the DXY continues to go through the bottom building process, shortly breaking current support at $92.50. Industrial, Emerging Markets, Retail, Financial and Energy sectors are trading near or below key long-term support levels.
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I expect the market volatility and the two percent daily market moves to persist.Ă‚ SPY top is set at $340 and the market can potentially retest all time high level in the next 1-2 weeks.Ă‚ The market can overshoot support and resistance levels when VIX is elevated. My strategy is to buy 5-10% market corrections...
[Click here to read more…](
SECTOR SPOTLIGHTĂ‚
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With all the attention being given to stocks, there is almost no reporting on the fact that bitcoin is trading at a 52-week high, currently quoted around $11,700. The cryptocurrency de facto leader has rebounded sharply after crashing below $4,000 back in March with the rest of all asset classes, save for Treasuries.
Now, bitcoin and cryptocurrency asset manager Grayscale has said, "the current bitcoin market structure parallels that of early 2016 before [bitcoin] began its historic bull run,"—meaning the bitcoin price could be headed sharply higher. "
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“Amidst unprecedented monetary and fiscal stimulus, investors are searching for ways to protect against an ever-expanding monetary supply," Grayscale research director Phil Bonello wrote in a report...
[Click here to review the TOP HOLDINGS and Market analysis…](
Power Trading Live Strategy Roundtable
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New Recording, Thursday, August 20th.
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Another service from YellowTunnel to help you become a better and more profitable trader!
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Access to the most recent Power Trading Live Strategy Roundtable event. [Click Here>>](
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We provide access to this webinar as an educational service for YellowTunnel subscribers to help you become a better and more profitable trader!
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I usually reviewed:
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- How to eliminate the guesswork from your trading
- What strategies work best for current market conditions
- How to refine your entries and exits with precision
- How to grow your portfolio faster with winner after winner
NOTE: We encourage all subscribers [to view the instructional videos]( on how to best use your membership and invite our members to participate in live weekly strategy roundtable workshops that are also archived for your convenience so that they can to be viewed at a later time.
AGGRESSIVE POWER TRADER
In our primary trading service [Aggressive Power Trader]( I direct our subscribers through the “trade decision-making process” with the mindset of being in and out of trades within 24-48 hours with the objective of booking 30%-60% gains against the amount of capital at risk on each and every trade
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The beauty of this service is that it provides tomorrow’s featured trades the night before so traders can analyze and work on how they might best want to participate.
WEEKLYĂ‚ POWER TRADER
We recently launched our new [Weekly Power Trader]( that we at Yellow Tunnel are very excited about. Each week on Sunday, our expert traders use out 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               we use a target gain of 2% and stop as 2% of the stock price.
The next Weekly Power Trader buy list will be posted on Sunday night, August 22nd.Ă‚
Weekly Power Trader
Stock Watch List
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Weekly Power Trader
Options Watch List
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[Click here to learn more...](
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DISCLAIMER: Vlad and his team may have a financial interest in the picks as they trade many of the same equities and options they pick. Vlad Karpel and YellowTunnel (Company) is not an investment advisory service, nor a registered investment advisor or broker-dealer and does not purport to tell or suggest which securities or currencies customers should buy or sell for themselves. As an investor, you know that any kind of investment opportunity has its risks. There is no such thing as low risk stocks and we recommend you invest wisely and that only risk capital should be used to trade. Investing in Stocks and Options is highly speculative. No representation is being made that the use of this strategy or any system or trading methodology will generate profits. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on here and on our web site. The past performance of any trading system or methodology is not necessarily indicative of future results. All of the content on our website and in our email alerts is for informational purposes only, and should not be construed as an offer, or solicitation of an offer, to buy or sell securities. Remember, you should always consult with a licensed securities professional before purchasing or selling securities of companies profiled or discussed on YellowTunnel.com. Performance results that are discussed above are from the Live Trading Room, multiple YellowTunnel tools were used to achieve these results. Trade % Gain/Loss is calculated by dividing the $ Gain/Loss by the Max Risk which is the posted Stop Loss for the trade.Ă‚
This email was sent to {EMAIL} by info@yellowtunnel.com. Questions or inquiries regarding the website and/or service may be submitted via email to i[nfo@yellowtunnel.com](mailto:Info@Yellowtunnel.com?subject=Questions%20or%20Inquires%20PTM%20Blog). You may also complete our [inquiry form located here](.
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