Here is the latest update to the $2500 Launch List Performance Card. Since the start on 12/8/2017 379 Launches, 70.7% Accuracy with an average Profit/Launch of $0.30/Launch. On a per share basis for the challenge start to date the Profit per Share was $91.34/Share. If you multiply that Profit Per Share times the average number of shares per trade (currently sitting at about 463 shares), that will give you the total approximate profit on the challenge so far. Overall Profit/Loss ratio was 143.55% and the Overall profit factor is 3.42 to date.
This is cumulative portfolio growth chart that captures the profit on a weekly basis from the $2500 challenge start trading a variable number of shares per trade. This chart only contains the trades that are launched based on the Launch List published on the site. The profit growth does not include intraday day calls from our intraday alerts. The portfolio growth is based on actual entries and exits from the Launch List that are published on the site, StockTiwts, Twitter and Facebook and are traded using our SureTrader Platform. Our goal is not to brag about profits whether they are real or not, our goal is to track a winning system that generates profits based on transparent Launch plans that are published 2-5 times a week.
For this week, the portfolio gained a total of +$89.90 with the portfolio up to a total sum of $44,957
Looking forward to the next week. It will be a short and maybe slow week since Thursday the markets will be closed and Friday will be only a half trading day. However, the market usually tries to make a nice push upwards before black Friday. Lots of folks want to make some cash to get ready for the biggest shopping day of the year. So keep focused and let's try to make some profits.
It has been an insane three days with the rise and fall of the shipping companies $DRYS, $GLBS, $SINO, $ESEA and many more. We focused much of our attention or extracting profit and were successful in a couple of these namely $SINO and $GLBS and $TOPS.
Now back to the less crazy and less volatile stocks. Our picks for the next sessions are slightly volatile, but the key is always to know your abort price and to respect it in the event you take the trade.
I hope you are all enjoying this weekend. Last week was amazing, the market is showing good signs that it wants to move higher over the next few sessions. It was clear from our scanners that so many stocks are showing signs of recovery. There were multiple stocks that made it through our scanners and several of those were selected for our Launch List tomorrow.
Still be careful as the volume is still on the shy side. Although the market may be heading higher in the next few sessions, volume is still low.
What a wild two days. Yesterday there were so many stocks to choose from it was not like any day this year. We locked in profit yesterday on many of our prior days Launch list. We expect tomorrow will be starting strong then maybe some profit taking near the session's end. Tomorrow is also Veterans Day in the US. So things might be overall a little bit slow.
Here are our picks for the launch list tomorrow. $CCXI, $FLDM and $ATRS. Happy and profitable trading.
As we predicted, the market had a nice rebound this morning that continued throughout the day. Most of our stocks on the Launch List have launched. We managed to collect profits in some of them, while the others are still in flight. Not needing to state the obvious, but tomorrow is election day in the US. Most likely we will see a morning pop that will fizzle in two to three hours. We expect the market to move sideways or a little bit lower towards the end of the session. Our advice is to stay in cash by the end of the day so close all your positions.
It's been almost a week since our last published Launch List and the reason is quite simple. The market was showing signs of weakness as the S&P 500 index has moved from a prior sideways pattern to correction territory. This simply means that the index has moved into a new lower level that it hasn't been in since July.
Nothing has hit our scanners yesterday so no Launch Watch List was published. The market is showing signs of weakness as the $SPY is challenging its last confirmed support at around 212.87 level. We do have a few stocks to watch for tomorrow but be careful and monitor the market conditions as well. As you may know, a successful launch doesn't occur unless all conditions are met including a healthy positive market with upward momentum.