Profit Recap for Week Ending |
Monday, January 16, 2017
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Another profitable week despite being a relatively slower week compared to last. Most thing I noticed that several of the picks from this week's Launch Lists have not triggered yet. That is no a bad thing because there is a good inventory of Launch potentials, but the lack of triggers indicates that the momentum is slowing down, or at least taking a pause. Next week we will see how the market behaves and react to whatever it decides to do one profit at a time. All the stocks that haven't triggered yet will remain on watch. As you see from this week's profits, we had a winner that was on our list since Dec 28. $INFI made a nice move over the last few sessions and despite taking profit on it, it looks like it made quite a bullish move on Friday 1/20 and had entered into a huge gap. It will be on close watch Moday to see what it does.
Here is the Profit Launch Recap for the week of January 16th, 2017.
Profit was Launched on: $TGB, $INFI, $LUNA, $MX, $DYN, $CYH, $BLPH, $ICON, $NAK
Loss on: $NAK
Highest Profit:12%
Lowest Profit: 4%
Maximum Loss: -4%
Overall Average Profit: 6.6%
Profit Taking Accuracy: 89%
Please note that the following stocks have launched and are still in flight mode. Looking for the right point to take profits or abort if the abort price is triggered. $TNAV and $ARTX