Weekly Recap
This Week's Top 5 Trades
#5 XEC
Cimarex Energy Co was featured in this Wednesday’s newsletter. Given the selling we have seen recently, the stock gave us a strong push from the open, and we sold that same day into momentum for a one-day return of 6.82%.
#4 EOG
EOG Resources Inc was featured in Tuesday’s newsletter. We bought the open and sold the following day as the stock was very strong and gave us decent profit potential. Two-day return of 7.4%
#3 DIS
Walt Disney was featured in last Thursday’s newsletter. We gave an entry price of $186, which did not trigger until Monday and a price target of $200 which was hit two days later for a two-day return of 7.55%.
#2 WYNN
Wynn Resorts was featured in last Wednesday’s newsletter. We gave an entry price of $122.50 and a price target of $135. It was a bit of a bumpy ride due to the volatility but the stock did exactly as we had expected. Our target was hit this Tuesday for a five-day return of 11.55%.
#1 RIOT
This week’s top trade was RIOT. Interestingly enough this was also a day trade!
We featured RIOT in Monday’s newsletter as a day trade given the current surge in Bitcoin’s price. We also mentioned that this stock typically moves $8 per day and that was our target. The stock opened strong and hit our target in the first 30 minutes of trading for a 30min return of 13.05%.
