Weekly Recap
This Week's Top 5 Trades
#5 KSS
Kohls Corp was featured in this morning’s newsletter, where we mentioned that the stock was coiling up for an expansion breakout. We got an amazing entry right at the open, and the stock broke out just as expected. It was such a strong move that we took half off the table for a one-day return of 4.8%.
#4 SAVE
Spirit Airlines was also featured in this morning’s newsletter and gave us a strong push off the open as expected. We decided to close out half at the close as we did with KSS and will add them back next week if the trade is still valid. One-day return 5.6%.
#3 NIO
Nio Inc was featured in Wednesday’s newsletter, where we purchased it near the lows as it held support. The stock finished strong Thursday and Friday but fell short of our price target, so we decided to exit today at the close for a three-day return of 10.1%.
#2 AA
Alcoa Corp was featured in Tuesday morning’s newsletter. This is not an exciting stock to trade as it tends to be a slower-moving stock, but it paid the bills this week. We got in at the open Tuesday and sold Thursday into momentum for a three-day return of 12.7%.
#1 DKNG
Draftkings Inc makes it to the top spot for two consecutive weeks now!
This trade was featured in Tuesday morning’s newsletter, where we gave a $62.50 entry price and a $75 target price. We got the entry we were looking for on Tuesday, and the stock came within .91c from our target today before reversing its course. Still an amazing trade for a four-day return of 17.9%.
