Dow and S&P 500 Set New Record Highs
Markets set new records as they closed higher today. Technology stocks recovered from a pullback last week. The Dow Jones industrial average rose about 140 points and hit intraday and closing records, surpassing a previous all-time high of 21,391.97, which was set last week. The S&P 500 gained 0.8% to also reached record levels, with information technology rising 1.4 percent to lead advancers. The Nasdaq composite gained 1.65%. Large-cap technology stocks such as Facebook, A
4 Winners - Optik up 426% YTD
Today we realized a gain of 25% on the alert we issued for Citigroup Inc. (C). That was the fourth winning alert realized this week. For the week we have gained 117%. The markets are still in a bullish posture and we continue to monitor for dips that present great opportunities. Our new methodology of limiting stop losses to a maximum of 35% (if possible and so far, so good) has resulted in significant gains in the first six months of 2017. At this pace we could see a tota
Markets Dip on Tech Selloff - Alert on SPY
The markets started off very strong Friday establishing new highs on a number of stocks and ETFs. As we've stated we will be watching for dips and opportunities to buy. This presented a good opportunity and we issued an alert on the SPY with an entry at $1.95 or less. As a result we closed up 3.5%. We are looking for the option to hit $2.44 for a return of 25% and we could see that pop at the open Monday June 12th. Oil as well as geopolitical news keeps tugging at the marke
Where’s the Market Heading? BABA 25% Win! Optik Up 334% YTD
We are still in a bull market. So it is grinding higher. Along the way we will see dips, some more substantial than others. The VIX is a very low levels so any crazy Trump Tweets, geopolitical issues or other form of black swan can provide a good dip and an opportunity to buy in. This week we scored another win with a 25% return on BABA. The SPY eluded us, as we could not see a clear by in point. Again, we maintain a bull market position and watch for dip to buy in. The une
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