Fallond vs Trade Ideas vs J. Cramer: May 16th

No surprises to see the markets down for Tuesday's week-on-week comparison. Market ETFs took an average loss of -3.57% on the week, one of the largest losses for the market ETFs. After Jim Cramer's heavy losses for Monday there were no lightning round picks available for selection on Tuesday (a lucky escape!).

My newsletter pick performance of -2.73% was saved by BKD which finished the week up +13.56%. But the star performer on the week was the Trade Ideas pick, LTXX, which finished up +20.31% (with a maximum gain of +37.69%). Because of these gains the Trade Ideas scan was able to close the week up +0.55%.

Biggest loser was my Subscriber pick, WIND. The stock closed the week down -13.82%. However, if my suggested stop price was used the loss for WIND would have been reduced to a more manageable -4.24%. Similarly, using stop losses for ACN and APCC would have reduced their losses to -1.64% and -1.84% respectively. This would have improved my newsletter returns on the week to +1.46%.

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.


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