Shooter’s Primary Wave Set-ups

These are my Elliott Wave set-ups for Plug & Play Stocks, Broader VSL and Global Trends ETFs, as well as, several that I am trading or investing in. Each week, I’ll cover 5-10 set-ups that catch my eye as higher potential and/or higher certainty. We’re using the intermediate term weekly charts as our primary guide, but have to mind the other time frames for clues too.

Elliott Wave is not perfect, nor is the operator, and neither is my Primary Wave Set-up. However, from a targeting perspective, I have found it to be an excellent tool. Even when I miss, I learn a lot and can adjust. I encourage you to think that way. Think in probabilities, not certainties. And, remember, mind your asset allocation by scaling in a piece at a time.

The US Dollar Index (DX) Updated 01/08/2023 still bullish equities!

Plug & Play Stocks

Apple Inc (AAPL) Update 01/08/2023. Sell the higher low or down to the speedline (around $129) for the more conservative folks. This is a swing position that will likely become a position trade should the market grind higher with good data and easing inflation. A close below the primary wave label gets me to close the position.

Uber Technologies Inc (UBER) Updated 01/08/2023. Building the base for the next leg up. Weekly has triggered so 3/4 of a position then above $33.36 (close should be good for full position) but I’d really like one more little back-test of the two prior lows. .

Freeport-McMoRan Copper & Gold Inc (FCX) Update 01/08/2023

Ford Motor Company (F) Update 01/08/2023

Vici Pptys Inc (VICI) Update 01/11/2023 could sell Mar-July $30 put here

Digital Realty Trust Inc (DLR) Update 01/08/2023

Broader VSL

Exact Sciences (EXAS) 11/29 EXAS sell April $30 put for $4 + Updated 01/08/2023

Home Depot (HD) Updated 01/08/2023. 11/16 HD sold a Jan $300 put for $9.00+ we now have a weekly trigger.

Global Trends ETF

Emrg Mkts Inet and Ecommerce Updated (EMQQ) Updated 01/08/2023

My Shots

iShares Biotechnology ETF (CRSP) stalking an entry now!

Boeing Co (BA) Updated 01/08/2023 Sold Feb $160 for $6.95+

iShares Biotechnology ETF (IBB) Updated 01/08/2023 sold a Dec $110 put for $3.40+. 5 x 5! A Primary Wave Set-up with a Full position off the back-test. As a result, a 1/2 position size. The first target is $127.15.

Tracking Recent Trades

Shooter’s Risk Disclosure & Performance Disclaimer Statement

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