Our blogging is back again! It's been a great 2 years, especially 2017!
So far, 2019 has also been great, until of course since early May! True to the saying, we did end up selling in May and got away!
We were hoping, wishing for a deeper correction, but unfortunately it was a very short lived 10% correction, which for most part we sat on sidelines, scaling down to 85% cash-position in 3 phases (see our annotated picture of Nasdaq chart with our Alert-1, 2 and 3 on May-7, May-13 and May-23 respectively).
We also experimented (for second time) with our "enhanced dollar cost averaging" using Momentum strategy based ETFs during the correction which we used to park (portion of) our cash position. More on that in a separate blog for another day. We used the Investors Business Daily's (http://www.investors.com) IBD-50 based ETF, FFTY (both this time and also during the 2018-Oct-Dec correction).
In an effort to bring back our regular featured "Individual Stock recommendations" (+ recent breakouts/buy-opportunities), we will try to publish at least Monthly, if not Weekly.
[In the future we will try to make it into a nice TABLE format with ENTRY PRICE(range), STOPS and/or $ RISK for position/quantity calculation].
* indicates we have a position (in BOLD) or plan to take position soon.
S indicates these may not be pure momentum stocks (falls into our 'Slow-n-Steady' category!)
Happy trading.
So far, 2019 has also been great, until of course since early May! True to the saying, we did end up selling in May and got away!
We were hoping, wishing for a deeper correction, but unfortunately it was a very short lived 10% correction, which for most part we sat on sidelines, scaling down to 85% cash-position in 3 phases (see our annotated picture of Nasdaq chart with our Alert-1, 2 and 3 on May-7, May-13 and May-23 respectively).
We also experimented (for second time) with our "enhanced dollar cost averaging" using Momentum strategy based ETFs during the correction which we used to park (portion of) our cash position. More on that in a separate blog for another day. We used the Investors Business Daily's (http://www.investors.com) IBD-50 based ETF, FFTY (both this time and also during the 2018-Oct-Dec correction).
In an effort to bring back our regular featured "Individual Stock recommendations" (+ recent breakouts/buy-opportunities), we will try to publish at least Monthly, if not Weekly.
[In the future we will try to make it into a nice TABLE format with ENTRY PRICE(range), STOPS and/or $ RISK for position/quantity calculation].
P
|
Symbol
|
Score
|
NOTES
|
GH
|
n/a
|
brokeout last week. Little late now
|
|
UBER
|
n/a
|
IPO watch; buy on pull-back if any
|
|
*
|
SWAV
|
n/a
|
new buy rec.
|
PLAN
|
n/a
|
earning breakout last week. Little late now
|
|
BYND
|
n/a
|
IPO watch; buy on pull-back if any
|
|
TNDM
|
27
|
Our 2018 super star multi-bagger is
ready for a 3rd stage entry point again.
|
|
CDNA
|
27
|
brokeout last week. Little late now
|
|
EPZM
|
26
|
new buy rec. (warning: Low liquidity
stock)
|
|
SKY
|
25
|
earning breakout last week. Little late now
|
|
NTRA
|
25
|
earning breakout last week. A little off ideal entry point
|
|
*
|
DQ
|
25
|
new buy rec. (warning: Low liquidity
stock)
|
NEPT
|
25
|
new buy rec. (warning: Low liquidity
stock)
|
|
*
|
GSHD
|
24
|
new buy rec. (warning: Low liquidity
stock)
|
S
|
UAA
|
24
|
new buy rec.
|
S
|
SBS
|
24
|
new buy rec.
|
ACA
|
24
|
new buy rec. (warning: Low liquidity
stock)
|
|
*
|
ZS
|
24
|
Our 2019 super star is ready for a
2nd stage entry point again.
|
MDB
|
24
|
Our missed opportunity at 1st-stage
in 2018-Feb is ready for a 2nd entry now.
|
|
BL
|
24
|
In our watch list
|
|
TTD
|
24
|
earning breakout last week. Little late now
|
|
LOVE
|
23
|
Pull back opportunity (warning:
Earning upcoming)
|
|
*
|
CVRS
|
23
|
new buy rec. (pullback) (warning: Low liquidity
stock)
|
S
|
BRKS
|
22
|
new buy rec.
|
CDLX
|
22
|
earning breakout weeks ago. Little late now
|
|
*
|
WKHS
|
22
|
new buy rec. (warning: Low liquidity
stock)
|
FANH
|
21
|
new buy rec. (warning: Low liquidity
stock)
|
|
S
|
HAS
|
21
|
new buy rec.
|
S
|
GNRC
|
21
|
new buy rec.
|
KL
|
21
|
new buy rec.
|
|
*
|
CRSP
|
21
|
new buy rec.
|
S
|
AZPN
|
21
|
new buy rec.
|
BPMC
|
21
|
new buy rec.
|
|
INSP
|
21
|
new buy rec.
|
|
S
|
MNST
|
21
|
new buy rec.
|
ROKU
|
20
|
Our 2019 super star that we regret to
have exited in April! Too late now!
|
|
ARWR
|
20
|
missed opportunity (during
correction). Got to let it go!
|
|
*
|
KURA
|
19
|
new buy rec. (warning: Low liquidity
stock)
|
TGTX
|
19
|
Low-risk entry before potential
breakout (advanced early entry)
|
|
*
|
SFIX
|
19
|
new buy rec.
|
S
|
SAP
|
18
|
new buy rec.
|
BHVN
|
18
|
We missed the Jan-2019 great entry
opportunity. New buy rec for 2nd
entry point
|
|
S
|
NDAQ
|
18
|
new buy rec.
|
SMAR
|
18
|
new buy rec.
|
|
S
|
TWTR
|
18
|
new buy rec.
|
S
|
EBAY
|
15
|
new buy rec.
|
S
|
PRSP
|
15
|
new buy rec.
|
S
|
ILMN
|
15
|
new buy rec.
|
S
|
MTN
|
15
|
new buy rec.
|
S
|
CIEN
|
15
|
new buy rec.
|
*
|
AVLR
|
13
|
new buy rec.
|
S
|
CRM
|
13
|
new buy rec.
|
ICLN
|
9
|
ETF (we have no position in this)
|
|
*
|
FFTY
|
9
|
ETF (we have a position in this since
start of recent correction)
|
* indicates we have a position (in BOLD) or plan to take position soon.
S indicates these may not be pure momentum stocks (falls into our 'Slow-n-Steady' category!)
Happy trading.
