The market is grinding higher and I’m eyeing a couple positions to take a stab into. The IBB is finally confirming a really nice uptrend, so it’ll be great to see that pick up later this week. As we stomp our way closer to Labor Day, things are going to start to pick up even … Read more
Lots of action last Thursday to book profits in a few names into strength. That is something I’ve learned to do when markets have been choppy with low volume. I’ll have those same names on watch this week to start averaging back into to any dips. As we stomp our way closer to Labor Day, … Read more
Last week I went back to The Basics of Swing Trading, a course I recorded 7 years ago, made 3 swing trades and won on all 3, taking home +$6,200. This week I used the same strategy and have made 4 swing trades and already closed 2 of them for wins +$5,800 for a 2-week total … Read more
On October 24, 2018 Stansberry Research is hosting what could end up being one of the largest online events of all time. It’s a night filled with money-making secrets from one of the greatest minds in finance – plus a huge warning on when to expect the longest bull market in history to come to … Read more
I booked a nice profit on SNGX today, as it spiked up on news of a patent. I’ll be looking to buy back into this company sometime likely within the next couple weeks. I also sold BLRX and will be likely buying that one back sometime in September. It was just a really slow mover and my money is … Read more
I added to my position in SNGX today and shares are trading up nicely. Nothing new to report as I have a full portfolio and there aren’t a ton of new catalysts on the horizon until after Labor Day. Reminder: Charts are updated every Sunday evening for the next week! —– Related —– FREE DOWNLOAD Kyle Dennis FREE EBOOK … Read more
I added a starter position in VSTM today and I currently have 7 different positions. If the biotech index provides a little uplift, the portfolio is set up very nicely to take advantage. Reminder: Charts are updated every Sunday evening for the next week! —– Related —– FREE DOWNLOAD Kyle Dennis FREE EBOOK “The $2.9 Million Biotech Trader Playbook” … Read more
No new moves for me Monday, I opted to lay low as I didn’t love any setups. U.S. stock futures continue to advance, nearing breakout levels. After several days of run in the market, if an oversold stock hasn’t bounced, caution should be exercised in case the overall market starts to stall. With that in mine … Read more
Last week I went back to my roots, swing trading 3 oversold chart patterns that landed me +20% +$3,000, +1% +$200 and +12% +$3,000 or 3 for 3 +$6,200. I also took a step toward shutting down my $700,000 ‘baller’ TD Ameritrade account, which for me was a flop compared to trading with a much … Read more
As you can see on the chart below, it has been a choppy downtrend for the small cap biotech’s over the last 3 weeks of trading. We have fallen from over 100 on the XBI to just above 90. This looks to be nearing support and we are heading into a bunch of new catalysts very soon, … Read more