Weekly Recap
This Week's Top 5 Trades
#5 COST
Costco Wholesale was featured last Wednesday after it triggered our oversold alert, and we were looking for a reversal. The stock did just that and gave us a strong move higher for the week. Eight-day return of 7.7%.
#4 LEN
Lennar Corp was featured in last Friday’s newsletter. The stock paused for a few days after our entry and then took off yesterday and today. It fell just shy of our price target as the pause lasted a bit longer than expected, but a great trade nonetheless. Six-day return of 8.5%.
#3 PHM
Pulte Group was featured in last Thursday’s newsletter. Like LEN mentioned above, the stock had an extended pause and then exploded the past two days for a seven-day return of 9%.
#2 UPST
Upstart Holdings was featured in this morning’s newsletter and was by far this week’s most exciting trade. We outlined this trade with pinpoint accuracy and delivered it to our members 3 1/2 hours before the market opened. We specified that the stock typically moves $17-$19 per day, but we were only looking for a $15 profit per share given the current weakness. We hit our target by 11 am for a 12% return in less than 2hrs.
(See below what was sent to members at 6 am)
#1 TRIP
This week’s top trade was Tripadvisor!
Tripadvisor was featured in Wednesday morning’s newsletter, where we were specifically looking for a sharp reversal around the $45 area. The stock came within $1 of $45 and then gave us a massive reversal exactly as we had game planned, for a two-day return of 19%.
(See below what was sent to members at 6 am on Wednesday)
