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This Week's Top 5 Trades
Good afternoon everyone, and happy Friday!
If you found this to be a tough week to trade, you are not alone. Market conditions have been far from optimal, and with massive indecision, the direction is not clear. Despite overall weakness and volatility, we continue to be consistent in finding great trade setups. Join our community today and leverage our guidance, experience, and proven strategies.
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Fox Corp was featured in last Thursday’s newsletter, where we bought the open. We gave a $46 price target, but the market had other plans. The stock gave us a good push, and we sold this Tuesday as the selling came in for a four-day return of 7.22%.
General Motors was featured in Tuesday morning’s newsletter. We got our $57 entry as specified, and the stock gave us a strong two days following our entry for a three-day return of 7.9%.
Spirit Airlines was featured in last Friday’s newsletter. This was definitely this week’s easiest trade. We bought the open on Friday. The stock had a massive day and then gapped up on Monday, where we sold the higher open for a two-day return of 9.2%.
Kols Corp was featured in last Friday’s newsletter. Like SAVE mentioned above, the stock had two consecutive big green days, and with market conditions being weak, we did not want to give back profits. We sold Monday into momentum for a two-day return of 10.1%.
This week’s top trade was Expedia Group.
Expedia Group was featured in last Monday’s newsletter. We got in at the open, and we gave a $185 price target for the trade that was hit this Wednesday. The trade took a little longer to play out than we originally anticipated, but it still did exactly what we thought it would. Eight-day return of 11.28%.