Happy New Year to you!
Well this has been quite a year for The Entry Points , the stock market, and the economy. We’ve survived a year of Trump being our president. The stock market continues to run with the bulls. Bitcoin blasted to the moon for some of whom we hope took some profits and the term ‘cryptocurrencies’ is now on the tips of everyone’s tongues.
And to those of you who have subscribed to our paid content, we hope you’ve learned a lot about markets and trading. We’re sure you have realized by now that this business is much harder than you probably had bargained for, but truly hope you are thriving and prospering through hitting singles. The hard work WILL pay off through perseverance and consistency.
The market provided crazy good opportunities to profit through the excellent trade set ups we’ve shared all year long.
IMMU was one of those stocks that we talked about over and over in our pre-market comments that went from 3.00 to 16.00 this year. We witnessed it break out of it’s 15 year accumulation area and become a strong mover. The pull backs provided great entry points and it continues to strengthen.
We saw the shippers like DRYS, DCIX, TOPS, SHIP, and others hit the very bottom. It was ugly, but when they started finding their legs again, some of them shocked us by skyrocketing, some 14 times their value. DCIX went from 1.56 on November 2 to 28.48 by November 6. The trading opportunities were plentiful for a couple of good weeks to trade in and out. It was great fun!
Then, there was Bitcoin. Wow. On May 1st, it was trading around 1350 and hit an incredible high of 19722 on December 17. Luckily, for our subscribers, who felt they missed out on trading Bitcoin yet paid attention to our pre-market comments, we shared symbols of companies (crypto stocks) that were moving along with Bitcoin. They were quite a bit easier to trade than Bitcoin and offered tremendous opportunities to trade them and take profits: OTIV, MGTI, MARA, INTV, OSTK, RIOT, XNET, and DPW just to name a few.
As we enter 2018, we look forward to continuing our work here and sharing it with you. We do humbly ask that you get a bit more involved with leaving comments on our posts as it’s only through your participation that we can truly gauge how we are doing and how well you are understanding the material.
And for those handful of subscribers whom actively participate, and you all know who you are, you will make it in this business because of your passion, interest, desire to learn and most importantly through your hard work. You guys rock!
We hope 2018 brings everyone a great year of wonderful health, wealth and prosperity!!!!
Trader Scott & Stevie Swai