I have 22 consecutive profitable trades of 15% or better. How is this possible? Every day there are hundreds of stocks setting new highs, no matter what happens in the overall market. Many of these stocks are still at very reasonable valuations. Afraid of buying stocks at their highs? Think of it this way: a new high is really a future floor for companies with solid financial underpinnings. Quantitative momentum modeling makes it easy to identify stocks that can continue this upward momentum trend. Why does this happen? It's really very simple..ask me about what investors and cows have in common. I am $$$ MR. MARKET $$$. I AM HUGE!!! Bring me your finest meats and cheeses. You can join in on the fun. Register for free and you'll be able to post messages on this forum and also receive emails when $$$ MR. MARKET $$$ makes his own trades. ($$$MR. MARKET$$$ is a proprietary investor and does not provide individual financial advice. The stocks mentioned on this forum do not represent individual buy or sell recommendations and should not be viewed as such. Individual investors should consider speaking with a professional investment adviser before making any investment decisions.)
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Surprise, surprise! AVGO hit the target today at 36.89, 17.26% from buy point of 31.46 and 30.49% from low of 28.27 on March 17th. It took a whopping 139 days, 2nd longest time period in uptrenders history.
We now have 51 of 68 hitting target (75%) with 1 buyout (BRNC)
GMCR is a buy at 75.98 or lower with a target of 88.14
This post disappeared from yesterday. Good thing if none of you bought GMCR
-----------billy
Hold the phone and stop the presses! We've got another one. GMCR hit the target today at 88.69, a 16.73% gain from buy point of 75.98 and a 23.49% gain from low of 71.82 on May 6th. It took 55 days. That gives the uptrenders a 52-16-1 record or 76.47% success rate. The Huge One is 33/41 for 80.49%. At this rate I'll match him in 8 more years. At that time he'll have a 90% success rate.
Billy...The market was good last week (Altho IBD was a day late and 42.51 points short in changing to RESUMED UPTREND) the volume was low...My Today's MoMo list was light last week because of the low volume.
However, yesterday we had 122 ALL TIME NEW HIGHS and 14 of them had 1.5x + ADV yesterday.
Doug
"Trade What Is Happening...Not What You Think Is Gonna Happen"
ZAGG, our 1st 3X qualifier since May 18th. ZAGG is a buy at 14.36 with a target of 16.66. Meanwhile we have 52 stocks active in the uptrender database with just 7 , 2X qualifiers. They are: AET, CCIX, CNTF, HLF, PSMT, TIF, VHC
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