Major averages finished mixed and near breakeven Friday on higher volume though the risk-on Russell 2000 finished almost a percent higher but on lower volume.
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:
+46.8% gain in SKX, members notified 4/22 at 74.8, current price: 109.78
+11.0% gain in VRX, members notified 4/29 at 212.03, current price 235.41
+36.6 gain in AMBA, members notified 5/14 at 75.63, current price 103.33
+12.1% gain in REGN, members notified 5/8 at 481.29, current price 539.4
+16.4% gain in SUPN, members notified 5/21 at 13.26, current price 15.43
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. By ‘baby-stepping’ his account in this manner, the co-founder of Virtue of Selfish Investing, Gil Morales, was able to achieved a triple digit percentage return in 2014. And some of our members have told us of their trading account victories despite the challenging QE-driven market. Bravo.
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