Trade Ideas Update Mar 13th
Forgot to post this update yesterday; other than the Trade Ideas picks, JC and my newsletter picks use last Monday's open price. The closing price is yesterday's close (not today's current price). There were only 4 stocks selected from the Trade Ideas scan.
Poor performance all around, none of selection groups were able to beat the market over the period. My free Breakout picks took the greatest hit, with HOMS and IFNY down almost 17% on the week; not surprisingly, each play was stopped out for an average loss of 11% (above the typical 9.6% protection risk priced into my Breakout picks). The Subscriber picks fared better, with a modest loss in NLY, but respectable gains in FCH (the highest of any stock on this list).
Performance from the Trade Ideas picks was limited by the small sample size. JC's picks had 2 poor performers in PDC and MRV.
If these results are say anything about the market, it is "Stay Away!"
If you would like to try a full version of the Trade-Ideas software, follow this link for a free 7-day trial.
If you would like to Subscribe to my newsletter you can do so by ordering monthly, 6-month, or annual membership from the 'Quantity' box in the right-hand-margin.
If you would like to see Jim's picks you can tune into his TV show, or get them from Madd Money
Poor performance all around, none of selection groups were able to beat the market over the period. My free Breakout picks took the greatest hit, with HOMS and IFNY down almost 17% on the week; not surprisingly, each play was stopped out for an average loss of 11% (above the typical 9.6% protection risk priced into my Breakout picks). The Subscriber picks fared better, with a modest loss in NLY, but respectable gains in FCH (the highest of any stock on this list).
Performance from the Trade Ideas picks was limited by the small sample size. JC's picks had 2 poor performers in PDC and MRV.
If these results are say anything about the market, it is "Stay Away!"
If you would like to try a full version of the Trade-Ideas software, follow this link for a free 7-day trial.
If you would like to Subscribe to my newsletter you can do so by ordering monthly, 6-month, or annual membership from the 'Quantity' box in the right-hand-margin.
If you would like to see Jim's picks you can tune into his TV show, or get them from Madd Money
