07 JUL 2024 Ludicrous Returns Stock Model Update

Discussion in 'Trade Journals' started by Ludicrous Returns, Jul 7, 2024.

  1. Ludicrous Returns

    Joined:
    Jan 1, 2024
    Messages:
    47
    Likes Received:
    2
    Stocks recently sold: BILI, CHWY, ORLY, ETN, MESO, MU, PHG, PWR, VST

    Sell Now Triggers (7/5): DERM, DOV, FNKO, IP, SILK, TDG, WWD

    Stock Model Recent Buy Triggers: There were not any buy triggers that occurred during the week.

    New Buy Now Triggers: ALKT, AMD, ANET, STAA, WIT

    Close to Buy Triggers: AAP, AEO, AHCO, AI, ALGM, AMBA, AUOTY, BCRX, CHPT, CYTK, EVGO, EXPE, GOGO, HBM, HLF, HLIO, ICUI, IOT, MDRX, MXL NTNX, NVCR, OPRA, PCT, PENN, PGY, PI, RUN, SGH, THS, TSLA, TTGT, UI, USLM, VIR, VRNA

    Current model owned stocks (stop sell price):

    AOSL (29.02), AVGO (1367.36), BJ (80.06), BSX (70.66), CAMT (117.69), CAVA (82.46), CGNX (42.74), CMRE (13.85), CYBR (231.45), EBS (5.79), EME (352.69), (25.41), GLW (36.89), GDDY (127.59), GKOS (103.72), GLW (36.89), GOOGL (163.98), GSL (25.91), ISRG (406.60), LLY (804.16), MMM (97.01), MTX (76.93), NFLX (628.63), NVDA (109.46), PODD (178.37), QCOM (185.03), QTWO (56.16), REGN (1008.25), SPXC (128.57), TJX (102.62), TSEM (34.69), TT (306.50), VECO (39.14), VRSK (254.42)

    Quantity of current Holdings: 41 (Stock Model Portfolio 58.4% Equity before new transactions)
    Less: New Sells -7
    Plus: New Buys 5
    New Stock Quantity 39

    Market Status Update Ludicrous Market timing model status is GREEN as of 7/7. It is all clear to invest in equity index at this point in time.

    Happy Investing,
    Ludicrous Returns
     
  2. Ludicrous Returns

    Joined:
    Jan 1, 2024
    Messages:
    47
    Likes Received:
    2
    Update on 10 JUL (12:54 AM EST 11 JAN):

    Sell Now: STAA Even though it’s up 10.9% today, the 200 Day average (200D) is now appearing to be flat (less than 1.5% from 6 week prior 200D average). This is an ominous sine. The 200D will now need to increase to 38.25 (6-week low + 1.5%) before buy can proceed, according to my technical analysis stock model.

    Stop sell prices for Sunday’s published buy nows:
    ALKT – 26.85
    AMD – 150.76
    ANET – 293.06
    WIT – 5.42

    New Buy Nows:
    AMBA, MXL, UI, ICUI, SOUN, TSLA

    Hope all is going well!
     

Share This Page