Market Lab Report - Premarket Pulse 6/22/15
While sideways markets have been prevalent over the last number of months, a number of leading stocks continue to provide profitable buy points to our members such as:
+49.1% gain in SKX, members notified 4/22 at 74.8, current price: 111.58
+57.8% gain in AMBA, members notified 5/14 at 75.63, current price: 119.35
+25.1% gain in SUPN, members notified 5/21 at 13.26, current price: 16.59
+41.2% gain in KYTH, members notified 6/2 at 53.1, current price: 75
As we have said, the key over the last couple of years has been to take profits when you have them in context with the overall chart and general market. Some of the best performers have traded higher in clean fashion thus sell stops were less likely hit even for those members who sell into strength. To those members with their trading account victories despite the challenging QE-driven market: Well done.
AMBA note - we sent out an email to members on Friday about how to handle this stock.
SUPN note - we have discussed in the recent webinar how to handle this one if one still had shares in it on or after 6/16.
KYTH note - this one was bought out so should be sold.
As members are aware, two more stocks became actionable on Friday.
This information is provided by Virtue of Selfish Investing, LLC (VoSI) is issued solely for informational purposes and does not constitute an offer to sell or a solicitation of an offer to buy securities. Information contained herein is based on sources which we believe to be reliable but is not guaranteed by us as being accurate and does not purport to be a complete statement or summary of available data. VoSI reports are intended to alert VoSI members to technical developments in certain securities that may or may not be actionable, only, and are not intended as recommendations. Past performance is not a guarantee, nor is it necessarily indicative, of future results. Opinions expressed herein are statements of our judgment as of the publication date and are subject to change without notice. Entities including but not limited to VoSI, its members, officers, directors, employees, customers, agents, and affiliates may have a position, long or short, in the securities referred to herein, and/or other related securities, and may increase or decrease such position or take a contra position. Additional information is available upon written request. This publication is for clients of Virtue of Selfish Investing, LLC. Reproduction without written permission is strictly prohibited and will be prosecuted to the full extent of the law. ©2016 Virtue of Selfish Investing, LLC. All rights reserved.