JPM Alert: Buy! Buy! Buy!

see the trade of the week inside... You receive this email, because you signed up to get email from YellowTunnel newsletter on 07/23/19.  If you no longer wish to receive any emails from YellowTunnel, please use the "Unsubscribe" link towards the bottom of this email. [Image] July 11th, 2021 | Issue 84 Hello Traders, Bullish buying returned on Friday following a very choppy to lower week for Wall Street and the market. There has been a rolling correction throughout the past couple of weeks, even as the mega-tech stocks took the indexes to new highs, which masked the heavy consolidation underneath.  Traders have rising concerns about the virus variants, fresh regulatory actions by the Biden administration targeting transportation, technology and healthcare, along with some trepidation about the plunge in long-dated Treasury yields and further tensions with China regarding numerous issues.  With this said, the potential for a summer correction in July has risen, especially if there is rotation back out of FAANG, which is technically extended.  [Image]   To great returns, [Image] Vlad Karpel YellowTunnel and Tradespoon Founder P.S. Please see below for access to the Power Trading Live Strategy Roundtable presentation I recorded on Thursday, July 8th. The link is below...  P.P.S. Please note our new sections called Trading Concepts. This sections is designed to bring aspiring and experienced traders weekly insights to the short-term trading landscape, sector analysis, stocks and ETFs in focus, views and opinions on trading discipline and a review of what type of trading strategies are working best. TRADE IDEA OF THE WEEK As our artificial intelligence is flashing a short-term buy signal on JP Morgan Chase & Co. (JPM) as of Friday. As the leading money center bank with commercial and retail operations coupled with market research and a massive proprietary trading department, the company is the sector’s most important bank as a barometer.  Earnings are forecast to explode higher from $8.88 per share in 2020 to $13.20 per share in 2021. As noted above, second-quarter results will be out next Tuesday before the opening bell, and they should be stellar... [Click here to continue to this week’s Power Trade pick…]( [Image]( CURRENT TRADING LANDSCAPE  [Alternate text](  The $SPY briefly dipped below the key short term support level at $430. All sectors sold off this week. The reflationary stocks (energy, banks, materials, commodities, industrials) sold off the most.    The $DXY has broken above $90.60 resistance and has confirmed its break out. The next level of resistance at $93. The $TLT continued to trade higher and the next level of overhead resistance is at $148.   Based on the steep correction in the reflationary stocks, strong dollar and overbought technology stocks, the market is due for a correction in July. The $SPY short-term support level is at $430, followed by $425. The SPY overhead resistance is at $435... [Click here to read more…]( SECTOR SPOTLIGHT  [Alternate text](  Our works indicates the bond rally is overdone this past week, and as of Friday, we started to see a reversal in the yields as they ticked higher. Of the sectors that tend to be highly correlated to when yields rise, the financial sector tends to lead. Money center banks, investment banks, insurance companies, regional banks and asset managers all benefit when rates move up, and following a sharp correction, it’s time to get long.  The Financial Select Sector SPDR ETF (XLF) is the most widely-held and widely traded ETF in the sector that presents a good entry point on the recent pull back. The top ten holdings make up almost 55% of total assets with Berkshire Hathaway (BRK-B) being the largest holding... [Click here to review the TOP HOLDINGS and Market analysis…]( Power Trading Live Strategy Roundtable To effectively compete in the rapidly moving equity markets, active day traders and swing traders must stay ahead of new market innovations and technological changes used by hedge fund traders and proprietary trading firms. With traders like you in mind, we designed this intensive roundtable where you will deepen your understanding of all aspects of stock and options trading. [Click Here To Watch!            Â]( 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. TRADING CONCEPTS How Do You Make Money in the Stock Market? One of the most common questions we receive at YellowTunnel is “How do you make money in the stock market?”  With over fifteen years of personal trading experience and having spent the last few years teaching the in’s-and-out’s of the stock market, I’ve pinpointed several key factors that are conducive to a higher ROI.  Having a strong trading plan or good portfolio management skills are some of the ways I believe traders find success, but one of the most overlooked aspects of the stock market is Trading Psychology. [Click here to read more...](  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. 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](.  YellowTunnel LLC, 318 Half Day Rd., Suite #215, Buffalo Grove, Illinois 60089. Website: [](  Copyright © 2021 Yellow Tunnel LLC. All rights reserved. [Facebook]( [Twitter]( [Instagram]( In order to unsubscribe from this mailing list, please click [here](