Welcome to the Weekly Game Plan! The 'MARA Lists' are updated in real-time. The 'Market Summary' is provided weekly. The 'Deep Dive Video' is the recording of our weekly Trading Prep DEEP DIVE.
Market Summary


One of the key components of how I use this whole ‘red, yellow, and green’ MARKET MOOD coding system is personal performance. There’s a number of reasons for it. One that I’ll highlighting here is psychological.

Picture this, have you ever started to see a bunch of stocks setting up, the market starting to look like its getting ready to go…and feel you’re about to miss the boat? Or how about this… Have you ever been stuck at a traffic light and the moment it turned green someone blasted their horn at you? Maybe they were impatient. Maybe you were distracted. Either way, there was likely a sense of urgency to step on the gas.

My point here is this. The market is an infinite stream of opportunity. If you believe that to be true, then there is never a need to rush. You can operate at your own pace. And part of that pace is tied to current performance and overall confidence.

So, all that said, I still have the market in a ‘yellow’ condition. Here’s the criteria for a yellow condition. When any of these appear, the most I’ll consider the market to be in is ‘yellow’.

Initial buys are 50/50
Trade ideas are 50/50
Some ‘B’ and ‘A’ setups
New Highs vs New Lows are mixed
Indexes are mixed

Given the above, the one thing really keeping the market in a yellow condition is initial buys being 50/50. Last week I attempted 3 new trades: RF, POOL, and CUTR. Both RF and POOL generated marginal losses (-0.5R and -0.27R). I’m still holding CUTR and its up close to +3R. Had my trade selection been different, had I taken say PDCE or ZIP from last week’s trade ideas list instead, I’d be up close to +8R overall on the week and would have the market in a green condition. Since that didn’t happen, I still need to ease my way in.

Does all that make sense? Post a comment in our Discord to let me know.

Heading into next week we have a LOT of high quality setups. The most I’ve seen in a while. There are nearly 40 names on the trade ideas list. I had to really scrutinize which ideas would make it onto the focus list. I’ve added notes on every single idea so you can see the thought process. I encourage you to do the same as you’re building your lists. If there’s a candidate you’re considering, write notes on it whether you take it or not. That then creates the opportunity to go back, review, and learn.

There are a number of A and B level setups. The number of stocks hitting fresh highs is beginning to ramp up again on the NASDAQ and NYSE. More importantly, new lows are in the single digits. Price action is improving on the indexes across timeframes with price moving back toward all time highs and getting back above all moving averages.

Checkout the charts of the indexes below for a closer look at the action.

MONTHLY CHARTS (indexes) Overcall Direction = Up https://www.tradingview.com/x/xVm89apt/?aff_id=15325&offer_id=10

WEEKLY CHARTS (indexes) Overcall Direction = Sideways: https://www.tradingview.com/x/vWwSBz9y/?aff_id=15325&offer_id=10

DAILY CHARTS (indexes) Overcall Direction = Sideways: https://www.tradingview.com/x/4EBqEhB3/?aff_id=15325&offer_id=10
(on the lower right is the image of stocks hitting new highs vs new lows on the NASDAQ & NYSE)

Deep Dive Video


DISCLAIMER: Futures, stocks, and options trading involves a substantial risk of loss and is not suitable for every investor. The valuation of futures, stocks, and options may fluctuate, and, as a result, clients may lose more than their original investment. The impact of seasonal and geopolitical events is already factored into market prices. The highly leveraged nature of futures trading means that small market movements will have a great impact on your trading account and this can work against you, leading to large losses, or can work for you, leading to large gains.
If the market moves against you, you may sustain a total loss greater than the amount you deposited into your account. You are responsible for all the risks and financial resources you use and for the chosen trading system. You should not engage in trading unless you fully understand the nature of the transactions you are entering into and the extent of your exposure to loss. If you do not fully understand these risks you must seek independent advice from your financial advisor.
All trading strategies are used at your own risk.
Any content on marawealth.com should not be relied upon as advice or construed as providing recommendations of any kind. It is your responsibility to confirm and decide which trades to make. Trade only with risk capital; that is, trade with money that, if lost, will not adversely impact your lifestyle and your ability to meet your financial obligations. Past results are no indication of future performance. In no event should the content of this correspondence be construed as an express or implied promise or guarantee.
marawealth.com or Mara Wealth LLC. is not responsible for any losses incurred as a result of using any of our trading strategies. Loss-limiting strategies such as stop-loss orders may not be effective because market conditions or technological issues may make it impossible to execute such orders. Likewise, strategies using combinations of options and/or futures positions such as “spread” or “straddle” trades may be just as risky as simple long and short positions. Information provided in this correspondence is intended solely for informational purposes and is obtained from sources believed to be reliable. Information is in no way guaranteed. No guarantee of any kind is implied or possible where projections of future conditions are attempted.