Profit Recap For The Week of January 9th, 2017

What a terrific week.  Three Launch lists were published and those brought in very nice profits.  The market continues to give opportunities to launch profits but caution is warranted as a possible correction may be imminent.  Some of the stocks on the launch list gaped in premarket.  When that occurred, I waited for reentry at the launch target and rode the momentum up.  The portfolio was reset at the year start to $25000 with a share size per trade of 2500 shares.  An updated portfolio growth since the start of 2017 is shown below and indicates a growth of 71% so far. All it takes is some nightly homework and diligence when the market is active. As you all know, I publish intraday alerts from my scanners, and the profits from those alerts have been great as well.   2017 is starting with a bang, but next week there is a new administration taking over. The market may decide to slow down and digest the tone of the new administration before deciding where to go next.  

Here is the Profit Launch Recap for the week of January 9th, 2017.

Profit was Launched on: $XGTI, $BIOC, $ARWR, $PTX, $RUN, $HMNY, $ENPH, $NURO, $BETR, $AXGN, $VOC, $ADMP, $AAC, $OPXA, $EBIO, $SPWR

Losses on: $TA, $AVID, $BIOS

Highest Profit:52%

Lowest Profit: 3%

Maximum Loss: -5%

Overall Average Profit: 10.1%

Profit Taking Accuracy: 84%

Please note that the following stock have launched and are still in flight mode.  Looking for the right point to take profits or abort if the abort price is triggered.  $DYN, $TGB, $ICON and $CYH