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Thanks But No Thanks

The screens produced 171 charts with multiple buy signals as of the last two trading days. There were 42 charts with a second sell signal. Non-subscribers click here for access.

Technical Trader subscribers click here to download the complete report.

Last week was a good week for the longs on the list and another bad week for the shorts.  Picks closed out last week or currently open, show an average theoretical gain of 4.9% on an average holding period of 26 calendar days. 69% of the picks show gains. 31% have losses. The numbers assume all cash, no leverage, no margin, no options. show losses. Non-subscribers click here for access.

The month of July as a whole was difficult. After starting off with a string of losses on closed picks, the month ended at dead breakeven on closed picks,  thanks to the good last two weeks. 63% of the picks were winners, but the result was only a breakeven. I marvel at those options tout services who report 1000% gains month after month. But I wonder why they don’t own the world. Non-subscribers click here for access.

June was solid, with 25 picks closed at an average theoretical gain of 9.7% on an average holding period of 36 calendar days. Non-subscribers click here for access.

 

Technical Trader subscribers click here to download the complete report.

Table in report. Non-subscribers click here for access.

Not a subscriber? Get price and time targets, and weekly swing trade chart picks, risk free for 90 days! 

Posted in 2 - Technical Trader
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