This article is for education purposes only, and not to be taken as advice to buy/sell. Please do your own due diligence before committing to any trade/investment.
Will the US government shutdown occur?
With the Republicans and Democrats unable to reach an agreement on the Federal budget, a government shutdown looks likely. When this happens, essential services may stop, affecting businesses and the lives of Americans.
But each time the government shuts down, it reopens shortly after. I hope that this time won’t be an exception.
Nevertheless, I’ve scanned the US stock market and found 2 brilliant stock candidates that are likely to help my portfolio begin Quarter 4 with a bang.
Before I share my findings, you may want to review the performance of the 2 stocks shared in September.
Alliant Energy (NASDAQ: LNT)
Source: alliantenergy.com
1. About the Company
Alliant Energy was formed in 1998 through the merger of Interstate Power and Wisconsin Power and Light, and IES Industries.
It provides electricity and natural gas service to customers in the Midwest.
Today, with the strong support of the market, the company enjoys a valuation of over $17b.
The golden question remains: Is there a position trading opportunity to capture?
2. Position Trading (Daily)
There are a couple of things that you can tell from the chart above.
The first is its price trend.
Can you tell that the share price of Alliant Energy was in a firm uptrend?
This can be inferred by comparing the number of blue candles (outlined and solid) against those in red (outlined and solid). Yes, this is without the need to plot trendlines or use other technical indicators such as the moving average.
Knowing this, I’m inclined to search for a buying opportunity for a position trade.
Are there other considerations before I buy its stock?
Yes! Let’s have a look at what the other 2 proprietary indicators on its chart tell me – the green arrow and Trend Impulse Factor.
Do you see a green arrow under its latest candle?
That tells me that a fresh bullish move is here.
Now, let’s turn our attention to the second proprietary indicator – the Trend Impulse Factor.
A dark green bar suggests that this fresh uptrend is likely to be sustainable.
I like what I see!
Both the green arrow and Trend Impulse Factor agree that this bullish move is likely to be sustainable for a position trade. Hence, I want to buy its shares!
Boyd Gaming (NYSE: BYD)
Source: djournal.com/boyd-gaming-unveils-mobile-gaming-app-with-nostalgic-brand/article_0bf40fe3-e810-5bd6-8603-fa344fd735ff.html
1. About the Company
Boyd Gaming was founded in 1975 in Las Vegas.
The company manages and operates gaming properties (land and sea) and websites.
Boasting a market capitalization of over $7b, is there a position trading opportunity?
2. Position Trading (Daily)
Boyd Gaming’s shares were on a huge uptrend until Feb 2025 when they took a hit.
Without the need of technical tools and indicators (such as trendlines and Moving Averages), you can easily tell the price trend by comparing the number of blue and red candles (outlined and solid).
Since mid-April, its share price has been climbing. Is there a buying opportunity?
A look at the first proprietary indicator gives me a clue.
Do you see a green arrow under its latest candlestick?
That signals a fresh bullish move is here.
With the presence of this green arrow, I want to know whether this fresh bullish move is likely to continue. Hence, I’ll turn to the second proprietary indicator – the Trend Impulse Factor.
Because the Trend Impulse Factor indicator’s bar hasn’t turned dark green, this fresh bullish move isn’t likely to continue. However, I think that this bullish move could continue, so I’m adding Boyd Gaming to my watchlist.
Conclusion
Source: unsplash.com
The US is going to be busy thrashing out its budget in the weeks to come. Although the Republicans and Democrats are nowhere near an agreement, history has shown us that an agreement will be reached sooner than later.
Thus, there’s no big worry in the US stock market.
Our proprietary indicator shows that Alliant Energy and Boyd Gaming are enjoying a fresh bullish move.
On the other hand, the Trend Impulse Factor indicator tells us that this fresh bullish move in the shares of Boyd Gaming may not be sustainable, so the time to buy their shares for a position trade isn’t here yet.
This is not the case for the shares of Alliant Energy. Both proprietary indicators signal that it’s ripe for a position trade.
Trading stocks without a proper system can be highly risky. This is why the TradersGPS (TGPS) system was created. The indicators will help you determine if a stock is ready for action to be taken. You won’t have to feel in the dark and make wild guesses.
I’m optimistic that an opportunity could emerge in days to come, so I’m adding them to my watchlist, and you might want to do the same!
What are your thoughts?
Share your thoughts with me below!
