Fallond / Trade Ideas / Jim Cramer : May 5th

The selling which swept through Thursday and Friday took large chunks out of the modest gains stocks had built up earlier in the week. The stock picks of Jim Cramer weathered the storm best and were able to finish in the green (+2.45%). My newsletter picks struggled, closing the week down -5.55%. Performance of my newsletter stocks improved (slightly) to -3.66% when my suggested stop price was used. The Trade Ideas picks ended the week down -1.96% but were able to outperform the market ETFs (-2.52%).

Jim Cramer had two strong performers in GM (+14.73%) and ZOLT (+21.23%) which were able to compensate for his weakest pick, ZL (-11.35%). Unfortunately, my newsletter pick, DXCM, was the biggest loser on the week; the stock shed -14.86%.

Jim Cramer absolute week-on-week performance of 23% ranks alongside that of the market ETF's 25%. But the real gain was in his average weekly returns per trade; closing up +0.72% and comparable to the Trade Ideas scan picks which slipped down to +0.79%. My newsletter picks hold station with the market ETF's at +0.35% and +0.37% respectively.


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 or Mad Money Recap.

SPONSORED BY:-

Popular posts from this blog

Round 2 for the bearish "black" candlestick in S&P and Nasdaq

Big bearish engulfing patterns as positive start negated

Being "Right" but still losing...

Archive

Show more