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Bobby Iaccino, Jim Iuorio, and Mike Arnold combined over 90 years of active trading experience In stocks, commodities and options. Real trades described by real traders. Look us up on your own, and ask questions..
The full newsletter with new trades will come out tomorrow, but here's a preview:
Special Weekly Trade Note:
This week, one recommendation was stopped out for a full loss, and two for small losses. FactSet Research Systems (FDS) traded below its stop on Tuesday, so that position has been closed. We will look for new entries. Dover Corporation (DOV) closed below $219.95, stopping us out at $219.83 for a small loss. We’ll also look for reentry opportunities there. Take-Two Interactive (TTWO) was triggered on a buy stop at $221.09, but then closed below that same level on Friday. We exited at $220.45, also for a very small loss.
The biggest result of the week came from Monster Beverage (MNST). Rather than exiting portions of the trade at the three targets provided on the way up, the entire position was exited at a price above our third target on a huge gap higher, producing a significant upside result and a profit that more than offset the week’s small stop-outs.
– Bobby –
JIM’S THREE CENTS - |