This week saw the start of the 4th Quarter and it started with a bang. All major indices continue to make historic all time highs with nothing being able to stop the upward trend. The momentum in small caps continued with insane 100% + moves over the last 10 days on multiple stocks including $ECYT $YECO $IZEA $HMNY $MNKD $CDNA $LINU $CERC and more. These kinds of moves have been nonexistent over the summer months. If you have trained your mind -justifiably- to shy away from these kinds of stocks during that period it makes it hard to jump in now since most of the summer months rallies did not sustain the momentum like we are seeing now. But this is the time to grow small accounts in my opinion as long as you manage risk accordingly. When we started our Launch List process last year in August 2016, in one and a half quarter the portfolio grew by more than 577% mostly on small caps that were showing phenomenal momentum like we are seeing now.
For this week, the performance remained steady and both accuracy and profit/share were very healthy. There was a total of 20 Launches with 14 winners and 6 looser putting the week at 70% accuracy and $4.73 profit/share. 4 of the six losers $WEB $HMN $ILG and $ZUMZ made another comeback and blasted through the launch and profit targets after the first attempt failed. So, in essence those could have all be traded again with the same setup to become winners. In the case of $WEB, it was traded twice both on the losing and then on the winning side. $APVO was a special case, as the stock’s original Launch plan was altered on 10/5 because there was news and strong price action premarket. The entire launch entry, profit and abort prices were moved by 33 cents as a good setup presented itself premarket.
On the majority of the winners, the profits exceeded the original profit target because of the strong momentum as we held onto some of the stocks longer past the profit target.
$HPE remains in flight mode for the second week! It seems that it’s trapped in a trading range moving sideways waiting to breakout above $15. It will remain on the inflight list until next week but we may exit if the stock fails to move higher.
Here are the winners for this week $SGMO $QTWO $APVO $QURE $WEB $CAMP $CATB $ZAGG $KBH $OZM $SQ $FELE $CTSO $OSG and the losers $FIT $ATKR $WEB $HMN $ILG $ZUMZ.
This is cumulative portfolio growth chart that captures the profit on a weekly basis from the year's start trading 2500 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. Lots of people ask me if this is real or not. I don’t understand why does this matter. 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 actual portfolio varies in large because of other trades that are taken intraday. If it makes you feel better that this is based on simulated trades that is okay, you can assume it is paper trading. 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 Launch transparent plans that are published 2-5 times a week.
For this week, the portfolio added another $11,825 reaching a total sum of $374,833
Here is the latest update to the Launch List Performance Card. To date 547 Launches, 64% Accuracy with an average Profit/Launch of 4.17%. On a per share basis for the year to date the Profit per Share climbed to $139.93. If you multiply that Profit Per Share times the number of shares per trade, that will give you the total profit per year. Overall Profit/Loss ratio was 271.35% and the Overall profit factor is 4.71 for the year.