Here is the latest update to the $50K Launch List Performance Card. Since the start on 2/05/2019 we completed 16 Launches, 87.5% Accuracy with an average Profit/Launch of $0.30/Launch. On a per share basis for the challenge start to date the Profit per Share was $4.55/Share. If you multiply that Profit Per Share times the average number of shares per trade (currently sitting at about 859 shares), that will give you the total approximate profit on the challenge so far. Overall Profit/Loss ratio was 77.15% and the Overall profit factor is 4.55 to date.
Weekly Portfolio Growth Summary
The chart below captures the cumulative portfolio profit growth on a weekly basis since the start of the $50K challenge where we trade a variable number of shares per launch. This chart only contains the trades that are launched based on the Launch List published on the site. The profit growth does not include intraday day calls from our intraday alerts. The portfolio growth is based on actual entries and exits from the Launch List that are published on the site, StockTwits, Twitter and Facebook . Our goal here is to track our Launch List system profits based on transparent Launch plans that are published 2-5 times a week.
For this week, the portfolio added it's first $3018.85 with the portfolio inching forward to a total sum of $54,738.
The early results from voting in Italy indicate a sizable majority of voters have rejected the reform measures proposed by Prime Minister Renzi. It is not clear what this means to the stock market so tread carefully in tomorrow's trading session.
Here is our Launch List for 12/5/2016: $FNBC $ARTX $EBIO $TESO $BPMX $WAC $NVCN.
This was most certainly a busy week. In addition to the stocks traded from our Launch List, several intraday alerts triggered on our scanners and we managed to take Profit on.
Here are the results for our launch list. Profit was Launched on :
$HTBX, $SGY, $JONE, $TTPH, $URRE, $EGLT, $TICC, $ARTX, $ATEN, $MDCA, $RGLS, $JE, $FRSH, $VCEL, $NEO
Loss on $AXAS, $RENN and $BLPH
Average Profit: 4.8 %
Highest Profit: 27%
Lowest Profit: 1%
Maximum Loss: -6%
It's been two days since we published a Launch List. We were extremely busy developing three proprietary intraday stock scans that have good probabilities of profit. We are excited because the three scans we developed show incredible odds of success and profit returns. Here is a list of these strategies and the expected profit and win %.
Today several of our past picks have triggered and some of those have already reached their destination profit target. Most notably was $HTBX, which looks like it has one more stretch ahead of it. We are finding more day picks that are making strong moves throughout the day and we make sure those are posted on Twitter. Like we mentioned yesterday, we have created a new scanner based on a strategy we developed that is called "Dodeka" breakout.
I hope everyone had a great Thanksgiving Holiday if you live in the US. Last week was relatively slow and short, our Launches on the daily lists were profitable but not as strong as the weeks prior. We did trade several other day Launches that were not on our daily list but hit our scanners intra day. Make sure you follow us on Twitter and Stocktwits to get those alerts.
Tomorrow is the last full trading day of the week and the expectation is that trading will be slow and choppy. The market is challenging all time highs in the midst of a pending holiday so anything is possible. Several of the stocks that showed on our scanners are related to the oil and gas industry. If the prices of oil go up tomorrow, the expectation is that these would launch tomorrow. If not, it's best to stay on the sidelines and get ready for Thanksgiving.
We wish you all a great holiday and happy profit making.
Looking forward to the next week. It will be a short and maybe slow week since Thursday the markets will be closed and Friday will be only a half trading day. However, the market usually tries to make a nice push upwards before black Friday. Lots of folks want to make some cash to get ready for the biggest shopping day of the year. So keep focused and let's try to make some profits.