Weekly Portfolio Growth Summary
The chart below captures the cumulative portfolio profit growth on a weekly basis since the start of the $2500 challenge where we trade a variable number of shares per launch. 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 . Our goal here is to track our Launch List system profits based on transparent Launch plans that are published 2-5 times a week.
For this week, the portfolio added another $5,686.75 with the portfolio reclaiming a new high of the year to a total sum of $151,304.
Our watch list for Oct 5th, 2016. $CORT, $CBDS, $JMEI and $RIGL. These may take a few days to trigger but have great potentials. As always watch for the overall market before taking a long profit launch potential and obey the abort price every time. Remember that launching profit winners is like launching a rocket.
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.
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.