Starting with the 08/09/2021 Newsletter- I shall publish weekly on Substack. I shall only publish the “full” Newsletter occasionally. The expenditure of time has required that I publish using substack BUT the trade-off is that I am NOT able to publish as much information on Substack- My apologies for any inconvenience. The 08/02/2021 Newsletter is the last “full” newsletter. I have imported everyone into the Substack email list. The Substack subscription link to The Market Algo Newsletter is here: https://themarketalgonewsletter.substack.com
Again- my sincere apologies to all for any inconvenience that this may cause. Very Respectfully--- Patrick OConnell
The Market Algo Newsletter : 08/02/2021
Now available to ALL Market Algo Newsletter(NL) subscribers! Access the Ninja Guide: 24/7 here: https://tinyurl.com/MyNinjaGuide
Delia Garcia-Celedon, much sought-after/renowned Forex-crypto-futures market analyst agrees-The Ninja Guide & The Market Algo NL are top tier:
“Patrick O’Connell is the ‘go-to’ person to connect with if you are a start up company that needs that extra push! He has many connections from all over the globe! I am currently working with him to connect me with the right people from my industry.
Please see his “Ninja Guide” as it has a great deal of information to connect you to the right people to start your business! He has connections with investors that will help you get your company off and running!”
My shameless pitch: Raise Money-Make Money! FREE Guide for the Ninja Entrepreneur to Fund/Sustain your Stellar Startup-How to Avoid Failure : Free link avail thruMy MarketAlgoNL: https://tinyurl.com/061421NL
Let’sTalk:DM/email me: https://lnkd.in/gqmVA5e OR: Access the Ninja Guide here: https://tinyurl.com/MyNinjaGuide
Empowering Others: We promote startups & entrepreneurs to our Dealmakers (Venture Capitalists (VC’s), wealth funds, hedge funds, angel investors, etc)- pro bono!
Our motto:
Stay Disciplined & Empower Others.
Long version: Dream big, work hard, stay focused, surround
yourself with good people.
Every day, ask yourself:
How have I spent my Dash? How have I lived my Dash?
What is your Dash? Don’t know? Then google “The Dash Poem”.
The Future is yours: Embrace it with great vision and passion!
The Market Algo Forecast for the Week Ahead:
Market Trends for the week ahead (as forecast by our proprietary Market Algo):
Our proprietary market algo forecasts show the following as of 08/02/2021 and moving forward:
Risk-on:
Copper, VIX-SPY variance correlation
Risk-off: WTI-Crude, QQQ ; VIX & VVIX are increasing. This week will be volatile!
Reminder: Daniel Riley (Mr TopStep: https://mrtopstep.com ) shares that August could be a “rude awakening”. His website & free email newsletter is a MUST!!! Time will tell, concerning August- let me know your thoughts!—Patrick
Conclusion:
A volatile week ahead: Could be choppy and only the nimble traders will succeed in day or swing trades- IMHO.
Enjoy the week ahead, traders! -IMHO-
Swing Trader:
I am illustrating P/L (Profit/Loss) results of Ed Barsano’s algo in a paper-trading acct at TD Ameritrade:
Check out my P&L at this link – using Ed Barsano’s free Algo- no software to download: Just set up an account at TDAmeritrade- I Love the algo!
Here is the link:
https://gobabytrade.com/gobabytrade_b0c29d35_0
Email Ed Barsano if you have any questions:
As of market close on 8/02/2021: All data is USD!
Initial equity in the paper account: $7000.00 USD
Stock Price Shares Total Profit/Loss
RUN 51.18 25 +88.91
MRNA 345.81 2 +706.34
PENN 68.06 25 -595.97
******* About The Market Algo Newsletter: *******
I do the research. You reap the rewards. ---- Patrick OConnell/ editor & algo developer: Albuquerque, NM – USA