Hey all! Well, what a nice Friday we had. Let me go over how we went 3/3 on the daily picks and review the fourth long term pick that was an alert sent out for a buy on Friday. Our first Buy Pick of the Day was FAS with a recommended entry point of 68.85, which we got in the first few minutes of the market opening. From there, we were looking for a 4% gain to 71.60. We reached that gain at 10:20 AM. If you held onto the stock, you could have made upwards of 10%. After FAS, our second Buy Pick of the Day was Advanced Micro Devices Inc. (AMD). The stock was another winner as we called a tech rally on the Apple upgrade. We got into this one at the recommended entry point of 5.10. We were looking for 2-3% increase on this one as well for an exit at 5.25, which we hit at only about 15 minutes later. It was a quick 3%. The third pick was our short sale of the day, which was the inverse Ultrashort Proshares Technology ETF (REW). The ETF had a recommended short sale entry at 30.40 – 30.50. We were able to enter at 30.40 right after the market opened. From there, we were looking for a 2-3% gain for 28.79 – 28.49. We were not able to ride it all the way down for 3%, but we settled for a 2% gain at 28.79. Finally, in the afternoon at 2:45 PM, I recommended entering into Family Dollar Stores Inc. (FDO) for a long pick. My entry point, therefore, is 26.63. We are looking to hold this one through the earnings report on Wednesday evening. 3/3 yeah!
Now, let’s get to the Monday Madness.
Buy Pick of the Day:
Sell Pick of the Day:
In Progress…