Friday the market sold off sharply towards the end of the day. The SPY is still holding in a strange pattern bound by the $220.00 level resistance and $212 support. We have a Launch watchlist developed some of which are possible continuation from Friday while others are possible launches if they reach the Launch Price Trigger. $CANN, $XNY, $NVFY, $EAC, $WAC.
Here is the latest update to the $2500 Launch List Performance Card. Since the start on 12/8/2017 501 Launches, 69.5% Accuracy with an average Profit/Launch of $0.28/Launch. On a per share basis for the challenge start to date the Profit per Share was $116.17/Share. If you multiply that Profit Per Share times the average number of shares per trade (currently sitting at about 959 shares), that will give you the total approximate profit on the challenge so far. Overall Profit/Loss ratio was 115.67% and the Overall profit factor is 2.61 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 +$635.50 with the portfolio up to a total sum of $99,667
Yesterday, 9/28/2016 our scanners did not detect good launch stock candidates. Today however, we have a few worth watching for triggers tomorrow.
$MRNS, $BRKL, $ TGTX and $BCLI. These all have Profit to Risk ratios above 150%. Look for the launch triggers to make a move but keep an eye on the abort targets. Remember that the profit price is the possible maximum potential for a move. Feel free to take profits as soon as you want.