Browsing articles in "Profitly Weekly"

Weekly Roundup March 2-6

Mar 11, 2015   //   by Profitly   //   Profitly, Profitly Weekly  //  Comments Off on Weekly Roundup March 2-6

It was a full week of trading and Wall Street ended lower.

The Dow was off -1.52%, S&P -1.58%, Nasdaq -0.73%, and Russell 2000 -1.29%.

Here is an overview of the week via FactSet:

US equities finished lower, with a big chunk of the pullback coming on Friday, when a larger-than-expected increase in February payrolls underpinned expectations for a mid-2015 liftoff. In terms of perceived overhangs outside of the policy dynamic, there continued to be some focus on stretched valuations in combination with negative earnings revisions. While the global policy divergence theme remained in the headlines throughout the week, it continued to have a much bigger impact on Europe. In addition there was little overall direction for stocks from a fairly busy week of macro and geopolitical newsflow. There did not seem to be anything particularly incremental in this week’s corporate newsflow. The pharma/biotech M&A theme continued, retail takeaways were fairly company specific, commodity exposure remained a big headwind, all firms passed the Fed’s stress tests as expected and both aggressive buyback activity and better capex trends received some attention in the press. Sector performance for the week was largely driven by the policy influences (rates and FX) in play on Friday. Defensive sectors like utilities, telecom and consumer staples underperformed. Financials held up the best, but still finished lower.

Payrolls underpin mid-2015 liftoff expectations:

The most widely anticipated event of the week, the February employment report, was the big headwind for stocks (and bonds). Nonfarm payrolls rose 295K last month, ahead of consensus expectations of 235-240K. This put the three-month average at 288K. Gains were broad-based and there were no signs of a weather-related drag as both construction and leisure and hospitality posted solid gains and the workweek was unchanged for a fifth straight month. In addition, the unemployment rate fell to 5.5% from 5.7%, below the 5.6% consensus. While lower participation played a role, JPMorgan noted that broader measures of labor underutilization showed even greater improvement. The big disappointment from the report was the 0.1% m/m increase in average hourly earnings that left the y/y rate up just 2.0%. The Street was looking for a 0.2% gain after an outsized 0.5% increase in January. While earnings were widely expected to be the more important input for the liftoff timing debate, the overall momentum in the labor market recovery reinforced the likelihood that the Fed will change its forward guidance next month and provided further support for a mid-2015 tightening (and continued to leave the door open for a move in June).

Sector Performance (vs S&P 500):

Outperformers: Financials -0.55%, Consumer Disc. -0.79%, Healthcare -1.15%, Tech -1.43%.

Underperformers: Utilities -4.16%, Energy -2.92%, Telecom -2.80%, Consumer Spls. -2.61%, Materials -2.02%, Industrials -1.85%.
So let’s talk about Superman first. He didn’t have very many trades but here is a notable one:

Now we’ll take a look at some notable trades from Tim (who had a lot of smaller trades but we’re only going to recap the larger ones):




And lastly, take a look at some of our previous roundups, we hope you guys enjoy these!

January 5-January 9

January 12-January 16

January 19-January 23

January 26-January 30

February 2-February 6

February 9-February 13

February 16-February 20

February 23-February 27

Weekly Roundup February 23-27

Mar 4, 2015   //   by Profitly   //   Profitly, Profitly Weekly  //  Comments Off on Weekly Roundup February 23-27

It is a busy week on Wall Street! But first, lets look at how our traders did last week (which was also busy in terms of things like economic data and earnings).

First we’ll talk about Tim, who had a number of trades around the $1-2K mark.





Next let’s talk about Superman:

Check out this first trade…six figures in one shot! That’s more than a lot of people make in an entire year…



And now for a look at what’s ahead. We’ve already had a slew of data on Monday:

Snapshot (via FactSet):

Economic news flow moves to the forefront in the week ahead, as a robust calendar includes the ISM manufacturing index to begin the week, factory orders, and Friday’s release of the February employment data in the US. Overseas the focus will be on February manufacturing surveys, along with the ECB meeting on Thursday and Germany’s industrial production data on Friday. The corporate calendar sees a shift in focus from fourth quarter earnings to a lineup heavy with analyst meetings and a batch of sell-side conferences that could provide inventors insight into first quarter trends – while US auto sales and chain store reports round out the schedule.

Monday 2-Mar:

Markit Manufacturing PMI

The global manufacturing sector expanded for the twenty-seventh consecutive month in February. The rate of output growth accelerated to a six-month high, as companies scaled up production to meet rising levels of new work and new export orders. The J.P.Morgan Global Manufacturing PMITM – a composite index1 produced by JPMorgan and Markit in association with ISM and IFPSM – rose to 52.0 in February, from 51.7 in January.

Personal Spending 

U.S. consumer spending fell for a second straight month in January, likely as lower gasoline prices continued to weigh on receipts at service stations. The Commerce Department said on Monday consumer spending slipped 0.2 percent after falling 0.3 percent in December.

Economists polled by Reuters had forecast consumer spending, which accounts for more than two-thirds of U.S. economic activity, dipping 0.1 percent in January. When adjusted for inflation, consumer spending increased 0.3 percent after December’s 0.1 percent dip.

Core PCE Index

Excluding food and energy, the so-called core PCE price index increased 1.3 percent in the 12 months through January.

ISM Manufacturing

Manufacturing expanded in February at the weakest pace in a year, limited by weaker growth abroad and a work slowdown at West Coast ports.

The Institute for Supply Management’s index dropped to 52.9, the lowest since January 2014, from 53.5 a month earlier, the Tempe, Arizona-based group’s report showed Monday. Readings above 50 indicate growth and the median forecast in a Bloomberg survey of economists was 53.

Not much outside of earnings and a few speeches on Tuesday, so we’ll skip over that.

Wednesday 4-Mar:

Beige Book

ADP Employment

non-Manufacturing PMI

Thursday 5-Mar:

Economic:

Non-farm productivity

Factory Orders

Friday 6-Mar:

Non-farm payrolls (the big jobs number!)

Average hourly earnings

Trade Balance

And lastly, take a look at some of our previous roundups, we hope you guys enjoy these!

January 5-January 9

January 12-January 16

January 19-January 23

January 26-January 30

February 2-February 6

February 9-February 13

Weekly Roundup February 16-20

Mar 4, 2015   //   by Profitly   //   Profitly, Profitly Weekly  //  Comments Off on Weekly Roundup February 16-20

The shortened trading week was a rather subdued one in the markets. The Dow ended +0.67%, S&P +0.63%, Nasdaq +1.27%, Russell 2000 +0.71%. There weren’t many big moves along the way like we’ve seen in previous weeks either. Here is a quick overview via FactSet:

Sector Performance (vs S&P 500):

Outperformers: Healthcare +1.93%, Industrials +1.59%, Utilities +1.19%, Tech +1.18%, Materials +0.98%, Consumer Disc. +0.77%

Underperformers: Energy (2.38%), Telecom (1.36%), Financials +0.10%, Consumer Spls. +0.11%

The S&P 500 posted its third straight weekly gain, ending 6.5% above its recent low on 2-Feb. Most of the higher-profile stories had relatively little influence on the broader market. The drama surrounding Greece continued to dominate the headlines despite the limited directional takeaways for risk assets. However, a deal between Athens and the Eurozone did boost US stocks on Friday. The minutes from the January FOMC meeting had a slightly dovish tilt that underpinned Treasuries on Wednesday, though there did not seem to be any meaningful shift in policy normalization sentiment. While Wal-Mart’s decision to boost pay for a third of its workforce received a lot of attention, there was some debate about its potential to trigger broader wage increases.

Greece, Eurozone reach a deal:

Stocks got a lift on Friday after Athens secured a four-month extension of its loan agreement with the Eurogroup. This was less than the six months it had sought. In addition, Greece had to commit to a successful completion of the current bailout review and pledge not to roll back any reform measures that could have a negative impact on its finances or economic recovery. It also pledged to fully honor its existing debt obligations. Athens will have to continue to run a primary budget surplus, though the statement seemed to imply that targets could be lowered. While €10.9B of Eurozone funds for the recapitalization of Greek banks will still be available, the money will be held by the Eurozone bailout fund (rather than the Hellenic Financial Stability Fund as is now the case) and dispersed only at the request of the ECB. In terms of the next steps, there is still a bit of uncertainty as Greece has to submit a list of reforms on Monday that it plans to implement over the remainder of the rescue period. Provided that Greece’s creditors are satisfied with the measures, the extension will be ratified at another Eurogroup meeting on Tuesday. After that, where necessary, national parliaments will begin their approval process.

Slightly dovish tilt to January FOMC minutes:

There was a slightly dovish tilt to the January FOMC minutes with two particular areas of focus. One was that “many participants” believed the balance of risks associated with the timing of the beginning of policy normalization implied that the fed funds rate should be kept at its effective lower bound “for a longer time”. The other was that “many participants” also highlighted concerns that dropping the “patient” forward guidance language in the statement could risk shifting market expectations for initial policy firming to too narrow a range of dates.

Earnings calendar drives notable movers:

The earnings calendar was not a directional driver for the broader market as aggregate takeaways have already been hashed out, though it did trigger some of the more notable single-stock price action. Despite the better comp/traffic trends and tailwind from lower gas prices, WMT (1.8%) underperformed with the drag on guidance from its new compensation structure and e-commerce investments. JWN +2.9% fared better as favorable top-line trends offset concerns about its investment cycle. PCLN +10.2% was one of the big gainers on solid bookings growth, with the International segment a particular bright spot given concerns about a potential deceleration. RevPAR and unit growth guidance upside helped MAR +4.5%. Better comps at Qdoba and Jack in the Box (JITB) and above-consensus guidance boosted JACK +12.5%. INTU +7.2% was underpinned by a better-than-feared start to the tax season and momentum in the Small Business segment (QBO). FOSL (13.5%) sold off sharply on concerns about negative NA trends and the upcoming launch of the Apple Watch. EOG (6.3%) was hit by lower-than-expected Q4 production and 2015 production guidance that was down at the midpoint compared to sell-side expectations for a LSD gain. The soft performance in the Mobile/Wireless segment weighed on MRVL (1.8%).

Moving on to our Profit.ly gurus,

Tim and Superman had some great trades this week. First we’ll start with Sykes.







Then we have Superman! He didn’t have as many trades this week, but sometimes it’s best not to trade than to force something. (Forcing trades is one of our gurus big “no-go’s” since that often leads to losses).

Weekly Roundup February 9-13

Feb 24, 2015   //   by Profitly   //   Profitly, Profitly Weekly  //  Comments Off on Weekly Roundup February 9-13

Time for the weekly roundup. Here are Tim’s biggest winning and losing trades of the week:



Then Superman had one whopper of a trade to put him back over the $500,000 in profits for the year!

And here is a broad market overview:

Sector Performance (vs S&P 500) via FactSet:

Outperformers: Tech +4.27%, Materials +3.01%, Consumer Disc. +2.63%, Energy +2.62%

Underperformers: Utilities (3.32%), Telecom +0.07%, Consumer Spls. +0.96%, Financials +1.20%, Healthcare +1.36%, Industrials +1.58%

US equities finished higher for a second straight week with the S&P 500 ending at a record high. Why? Some of the credit went to heightened expectations for a deal between Greece and Europe. The geopolitical backdrop was also cited as supportive with the ceasefire agreement for eastern Ukraine. However, neither of these dynamics had ever really presented a headwind for stocks and there continued to be a number of issues in both cases that still needed to be sorted out. This left some of the focus on thoughts that the market has simply been working off the negative sentiment that accrued over the better part of January despite a relatively unchanged macro narrative.

This week saw a further bounce in oil, though broader market spillover seemed more muted. While the stronger January employment report out last Friday kept a mid-2015 liftoff in focus, there was also discussion about how a lower natural rate of unemployment could slow the policy normalization process. The market largely ignored disappointing retail sales and consumer confidence data this week, while there was some positive sentiment surrounding the better growth data out of Germany. Aggregate takeaways from another busy week on the earnings calendar were limited. Tech was the big gainer this week, while utilities was the only sector to finish lower for a second straight week.

Sentiment improves:

According to the latest Investors Intelligence survey, the bullish camp stood at 52.5% for the week of 10-Feb, up from 49% in the prior week. In addition, the bears slipped to 15.2% from 16.3% over the past two weeks, while just before that, they were at a six-month high.

Oil bounce continues:

The oil bounce continued this week. After rallying 9.1% last week, Brent crude gained more than 6% to settle at $61.52 a barrel. WTI ended the week 2.1% higher at $52.78 a barrel after jumping 7.2% in the prior week. While analysts remained skeptical about the read-throughs for production, rig count data and capex cuts remained the widely cited tailwinds. On Friday, Baker Hughes reported that the US oil rig count fell by 84 this week to 1,056, down 34% from the October 2014 peak and the lowest level since August 2011. A Reuters article also pointed out that OPEC’s strategy seems to be working as the three main monthly reports out this week on average raised their demand outlook for OPEC crude in 2015. However, this week also saw another batch of cautious sell-side commentary on concerns that the market is still oversupplied and inventories are likely to build further. Citi even noted that WTI could briefly trade as low as $20 a barrel.

Tech leads market higher:

Tech was the best performing sector this week. Much of the focus was on the momentum in AAPL +6.9%. There was no one specific factor for the strength, though comments from CEO Tim Cook at the Goldman Sachs Tech & Internet conference were well received, with some focus on capital returns. In addition, following presentations from a number of hardware companies, Goldman pointed out that continued stability in IT spending seemed to be a common thread, with enterprise demand described as sturdy.

Weekly Roundup February 2-6

Feb 17, 2015   //   by Profitly   //   Profitly, Profitly Weekly  //  Comments Off on Weekly Roundup February 2-6

Time for another weekly roundup!

Stocks in the U.S. posted big gains this week with the S&P 500 posting its biggest gain since December 19. The Dow Jones was up nearly 200 points on Monday alone. It wasn’t entirely clear what drove the big rally, with some traders attributing it to simply making up for last week’s losses. Stocks are once again sitting at the record levels they reached late last year. Mergers and acquisitions also helped push stocks higher, with news that Pfizer is planning to buy Hospira Inc. for about $16 billion giving health-care sector stocks a boost.

Here’s performance broken up by sectors (vs S&P 500):

Outperformers: Telecom +6.95%, Energy +5.38%, Financials +4.81%, Materials +4.68%, Consumer Disc. +4.23%

Underperformers: Utilities (3.73%), Healthcare +0.69%, Consumer Spls. +2.22%, Tech +2.49%, Industrials +3.02%

There were some mixed takeaways from the economic calendar, though payrolls surprised to the upside again and news flow surrounding the auto and housing markets was upbeat. Greece and oil continued to dominate the macro headlines. Telecom was the best performing sector this week, with Energy being another standout with the jump in oil. Oil rallied sharply this week with WTI crude gaining 7.2%–the biggest weekly increase since February 2011. Even with a nearly 9% pullback on Wednesday, it ended the week up almost 20% from the low on January 29. The big tailwind was chalked up to falling oil rig counts in the U.S. On Friday, Baker Hughes reported that the U.S. oil rig count fell 83 to 1,140, the lowest level since December 2011 and down nearly 30% since October. OPEC must be pretty happy.

There were some mixed takeaways from the economic calendar this week. On the positive side, nonfarm payrolls jumped 257K in January, ahead of consensus expectations of ~230K. In addition, the net upward revision to November and December totaled 147K, leaving the three month average at 336K. The unemployment rate rose one-tenth to 5.7%, though the participation rate was up two-tenths to 62.9% (meaning more people jumped back into the labor force).

It’s safe to say that Greece will continue to be a major focus and driver of stocks both overseas and in the U.S. There are some key votes/discussions going on next week that will focus on austerity and budget measures. Greece wants less austerity while Germany just is not having it–saying that there needs to be a focus on getting spending, etc under control. An impasse would leave Greece without funding at the end of this month.

Now for how our gurus did this past week. Let’s start out with Tim. he didn’t have too many big trades this week, but



Next up we have Super Man. Despite having a bit of a rough week, he is still up half a million dollars since the start of the year. That’s pretty good if you ask me! These losses will also serve as a learning experience going forward for both Super Man and his students/subscribers. If you limit your losses and learn from them, you will be a much better trader.







Here are a few of our previous roundups:

December 1-December 5

December 8-December 12

December 15-December 19

December 22-December 26

January 5-January 9

January 12-January 16

January 19-January 23

January 26-January 30

Weekly Roundup January 19-23

Jan 31, 2015   //   by Profitly   //   Profitly, Profitly Weekly  //  Comments Off on Weekly Roundup January 19-23

The Dow ended the week up 1%, the S&P 500 was up 1.6% and the Nasdaq was up 2.6%, so it was a decent week for the overall market, but our gurus are still beating them year to date.

Let’s start with Tim.

$1,221 profit on ADXS; Short Stock.

$670 profit on COSI; Long Stock.

Then we have Superman, who posted some late trades from the week before that will serve as learning lessons. He may not have had such a great week, but he’s still up about $450K so far this year, and let’s be honest, nobody is perfect.
$22,302 loss on CLShort Future.

$16,260 loss on JUNOLong Stock.

Weekly Roundup January 12-16

Jan 28, 2015   //   by Profitly   //   Profitly, Profitly Weekly  //  Comments Off on Weekly Roundup January 12-16

Another week is in the books and we’re already half way through January! Time flies when you’re making money.

First off here are some trades from Tim this week. First up is a solid trade on SMSI:

Then we have another good trade on CUBA.

Lastly, Tim had a learning experience with his next trade on VOXX.

Then we have Superman, who had one trade that will give everyone else a run for their money this year! Also, did we mention he’s already up nearly $500K since the beginning of the year!! This is an example of why: check out the $47K profit on BLCM.

He didn’t stop there, profiting a sweet $5K on CLRX.

Don’t forget to check out previous roundups here:

November 3-Novermber 7

November 10-November 14

November 17-November 21

November 24-November 28

December 1-December 5

December 15-December 19

December 22-December 26

December 29-January 2

January 5-January 9

Weekly Roundup January 5-9

Jan 22, 2015   //   by Profitly   //   Profitly, Profitly Weekly  //  Comments Off on Weekly Roundup January 5-9

It’s time for the roundup of the first full trading week of 2015. We’re going to start with Tim because not only did he have a great week trading, but he got engaged!!! Congrats to him and Bianca from everyone at Profit.ly!

$2,936 profit on JOB; Long Stock by Timothy Sykes.

Entry comments: Buying this Supernova on breakout over day high, big 1st day breakout after consolidation, short squeeze, goal is to make 20-40 cents/share over the weekend into next week gap up/morning spike ideally.

Exit comments: Nice 15%ish gains on the Friday short squeeze/Monday gap up pattern as outlined in my http://howtomakemillions.com DVD, probly could run more, but this hit my goals and now I have to focus on more potential VUZI which sadly is already up to 5.75 and no chance to buy it premarket.

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$2,952 profit on LOCO; Long Stock by Timothy Sykes.

Entry comments: Speculative dip buy due to closing green/analyst upgrade today.

Exit comments: Woke up to make $3,000, best case scenario, buying hard hit stock with solid potential on chart breakout/analyst upgrade catalyst…beautiful trade all around, will do video lesson…congrats to all longs.

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$4,221 loss on EFUT; Long Stock by Timothy Sykes.

Entry comments: Bought this Alibaba wannabe on a solid intraday dip off of $5.50, see conversation from recent earnings conference call http://tim.ly/1plzhar they compare their product to Alibaba and tease a potential upcoming deal with them, if that deal is signed, this can spike 30-100%, that’s my goal to sell into that since it never holds it gains.

Exit comments: Cutting losses as this stock is dropping every day now like the overall stock market, I gave it PLENTY of time to spike/issue press releases about their mobile shopping product, but China/Alibaba is cooling off now and this is heading in the wrong direction so I have to cut losses.

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Next up is Superman, who is already up a staggering $200k year-to-date!

$64,515 profit on ES; Short Future by Super Trades.

From mid-December I stated i wanted to be short /hedged going into early Jan… shorted futures #SUPER

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$69,769 profit on FGEN; Long Stock by Super Trades.

Entry comments: CHART GS IPO i believe QP expires next week, personal stop loss 4ema area and personal target 25-28 plus depending on targets given Exit comments: #SUPER TRADE FROM $24 !!! May go higher but have to take the $6 point day !!!

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$35,350 profit on ES_F; Long Future by Super Trades.

From mid-December I stated i wanted to be short /hedged going into early Jan… shorted futures #SUPER

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$15,706 profit on ES; Short Future by Super Trades.

Futures short

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$6,898 profit on KITE; Long Stock by Super Trades.

Entry comments: TRADE – personal stop loss high 69’s and personal target 72-75 plus if it works

Exit comments: #SUPER TRADE 7k in 30 minutes !!!

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$8,897 profit on DRNA; Long Stock by Super Trades.

Entry comments: SWING / CHART – cancer IPO was in 40’s …has big analysts targets out there and only 6-7mm float…seems to be forgotten…personal stop loss mid 17’s and personal target 18-20 plus if it works Exit comments: SUEPR trade will keep on watch as I love the story…will monitor chart.

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$6,273 profit on CL; Short Future by Super Trades.

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$14,531 loss on MARK; Long Stock by Super Trades.

Entry comments: SWING – DO NOT CHASE China social media app due to launch soon per this article and said collaboration with $BABA and Tencent ..personals top loss mis 4’s and personal target 6-8 plus if it works Exit comments: Taking the loss here even though it may still work in the 8k today they changed language to 90 days……and said no partner agreement yet although they could get one….

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$6,646 loss on NERV; Long Stock by Super Trades.

tried to buy on news stopped out

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$9,386  loss on MARK; Long Stock by Super Trades.

Entry comments: SWING – DO NOT CHASE China social media app due to launch soon per this article and said collaboration with $BABA and Tencent ..personals top loss mid 4’s and personal target 6-8 plus if it works Exit comments: Taking the loss here even though it may still work in the 8k today they changed language to 90 days……and said no partner agreement yet although they could get one….

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$6,842 loss on DPRX; Long Stock by Super Trades.

Entry comments: SWING – Do Not Chase — anti-biotic play , low float IPO from 2014….. personal stop loss high 12’s and personal target 14-15 plus if it works Exit comments: stopped for loss will keep watch.

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December 1-December 5

December 8-December 12

December 15-December 19

December 22-December 26

Weekly Roundup December 29-January 2

Jan 15, 2015   //   by Profitly   //   Profitly, Profitly Weekly  //  Comments Off on Weekly Roundup December 29-January 2

After reading this post, I think you will agree that our gurus finished out 2014 on a strong note! There was even one $20k profit! While most people were off on vacation and just getting their basic salary, these guys were making some serious trades for themselves and their students.

$12,500 profit on NRX; Long Stock by Super Trades.

Entry comments: TRADE – personal stop loss 13.7 area and personal target 15 plus if it works.

Exit comments: #SUPERTRADE $12k in 3 minutes !!!!!

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$22,190 profit on CJJD; Long Stock by Super Trades.

Entry comments: CJJD – SWING / TRADE – personal stop loss 1.90 area and personal target $$2.50 -3.00 plus initial range Article today – Online prescription drug sales to be legalized in China http://www.wantchinatimes.com/news-subclass-cnt.aspx?id=20141229000010&cid=1201 “Third-party e-commerce platforms such as Tmall and Jingdong Mall have also launched dedicated drug selling sites to tap into the pharmaceutical retail market.

Exit comments: #SUPER TRADE from $2.20 !! Remember when i sell a partial position and close it out .. profit.ly posts the average for the entire trade.

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$3,232 profit on VGGL; Long Stock by Timothy Sykes.

Entry comments: Classic runner/January Effect play, spiked 50 cents/share so far, should spike more on this news as told in the chatroom: 2:29PMMichaelGoode: "VGGL+++ news not on wires. Wedbush just sent out a invite only email inviting instutional funds to attend some special announcement " per @zozotrader on twitter GOAL IS TO MAKE 30-50 CENTS/SHARE TODAY/TOMORROW.

Exit comments: Got up to the 3.45s but I’m out, big traders like http://tim.ly/tg2mil now shorting, potential re-buy before the market close, video lesson coming.

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$1,132 profit on ATOS; Short Stock by Timothy Sykes.

Entry comments: Shorted this paid pump into the bounce, shares available at IB, goal is to make 15-25 cent/share retrace.

Exit comments: Got down to 1.48, but then there was a wall of buyers, I missed the bottom, covering for roughly $1k profits, not bad, nothing great, low risk trade though for sure, video lesson coming.

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$1,778 profit on NDRM; Short Stock by Timothy Sykes.

Entry comments: Short some, SSR though annoying.

Exit comments: Yes please, nice morning panic, $2k profit!

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$2,385 profit on NEON; Long Stock by Timothy Sykes.

Entry comments: Bought this runner on intraday dip 35 cents/share off its day highs, intraday support at 2.90, analyst compared their upcoming CES product to MBLY with next generation car technology, should be multi-day runner, goal is to sell in the low to mid 3s today or tomorrow.

Exit comments: Broke out to new afternoon highs, but then a wall of sellers at 3.15 stopped it cold so I’m playing it safe and taking small profits, potential re-buy towards the market close, but I don’t like how it couldn’t retest the morning high.

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Don’t forget to check out previous roundups here:

September 29-October 3

October 6-October 10

October 13-October 17

October 20-October 24

October 27-October 31

November 3-Novermber 7

November 10-November 14

November 17-November 21

November 24-November 28

December 1-December 5

December 15-December 19

Weekly Roundup December 22-26

Jan 6, 2015   //   by Profitly   //   Profitly, Profitly Weekly  //  Comments Off on Weekly Roundup December 22-26

The team at Profit.ly hopes you’ve been enjoying the holidays with you family like we have.

$826 profit on  ATOS; Short Stock by Timothy Sykes.

Entry comments: Very small short, but 2nd up day, paid pump by Zacks, resistance at 2.20, goal is to cover in the 1.90s or 1.80s.

Exit comments: Ignore these fast trades, just showing my http://tim.ly/sykesmc students the basics of live trading/Level 2 during a webinar right now.

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$835 profit on MEDA; Short Stock by Timothy Sykes.

Entry comments: Shorting this pump on its 2nd spike, up from .04, goal is to cover for 30-50% gains, I don’t like shorting stocks so low, but this is a blatant pump up from .01 so there’s tremendous downside, IB has shares to short but going fast.

Exit comments: No big panic, but easy 15%+ profit shorting this dead pump bounce, congrats to everyone with IB.
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$9,788 loss on CUBA; Short Stock by Timothy Sykes.

One of the worst managed trades of my career, only good news is I knew I was wrong immediately so I didn’t alert it, video lesson coming to help you understand how I compounded several mistakes on this trade….greatttttttt lessons for everyone!

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$2,950 loss on CUBA; Short Stock by Timothy Sykes.

Entry comments: Shorting on the perfect downtrend, missed out on $40k in profits in between my last cover and this short, absolutely disgusted with myself, but even if its choppy the pattern works every time, next support is 10ish so I want to make 50-75 cents/share, ideally morning panic Friday.

Exit comments: Covered into nice premarket drop, might actually be a loss for me givin ex-dividend date, my high net worth broker is looking into now, when in doubt get out, video lesson coming, GREAT webinar starting n 2 minutes for http://tim.ly/sykesmc students.

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$62,950 profit on CYBR; Long Stock by Super Trades.

Entry comments: SWING – personal stop loss low 36’s and personal target 38-40 plus if it works ….dip buy on chart gap fill.

Exit comments: $55k #SUPER TRADE !! May go higher but need to get better at profit taking and will do Super Pro video telling why i sod rest….pullback below 40 and I’m stalking.

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$5,120 profit on WLDN; Long Stock by Super Trades.

Entry comments: Starter sell off for no reason i can see —- personal stop loss low 10’s and personal target 12-15 if it works and bounces.

Exit comments: super trade – may go much higher but need to get more disciplined with profits.

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$11,500 loss on LC; Long Stock by Super Trades.

Entry comments: SWING – sister IPO is tomorrow and this has some characteristic to disrupt normal business with internet so sexy…..personal stop loss low 25 or 4ema if i choose and personal target 26-30 plus if it works.

Exit comments: using stop loss here…does not look like it will reclaim 4ema…..not going to get into another EYES type mistake…..I had great profit but broke rules here and this has caused me to focus more on taking profits sooner at least partial according to rules….will keep call options as risk is 5k.

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Don’t forget to check out previous roundups here:

September 29-October 3

October 6-October 10

October 13-October 17

October 20-October 24

October 27-October 31

November 3-Novermber 7

November 10-November 14

November 17-November 21

November 24-November 28

December 1-December 5

December 8-December 12