09 JUN 2024 Ludicrous Returns Stock Model Update

Discussion in 'Trade Journals' started by Ludicrous Returns, Jun 9, 2024.

  1. Ludicrous Returns

    Ludicrous Returns New Member

    Joined:
    Jan 1, 2024
    Messages:
    27
    Likes Received:
    1
    Stocks recently sold: BE, CENX, DELL, ENS, PDYN, POWL

    Stock Model Recent Buy Triggers:
    6/5 ENPH, RUN, CLFD, VIR

    Sell Now Triggers (6/9): AVPT, BZFD, ENPH, RUN, FSTR, LPG, NEE, NEM, RDWR, SCCO, SILK, STRL, TCOM, USLM, VIR
    I know, ENPH, RUN and VIR just had new buy triggers. However, on Friday 6/7, the 200D simple moving average flashed a decline. This is a sell trigger in the model because most often it is an indicator of a spike decline. Hence the sell. Occasionally, the 200D moving average will shift back into incline, marking a buy again. While it is a pain to buy / sell / buy if this ends up being the case, it is so much better than taking a big loss. We shall see where the stock pattern goes from here.
    On 6/6, SILK 200-D moving average flashed it’s first 200D decline sell signal.

    AVPT is triggering a long-term horizontal pattern instead of a climb, marking a sell in the Ludicrous technical analysis stock model.

    In less than 3 months, BZFD flashed two spike declines greater than 10%. The stock price needs to decline at an angle less than 10 degrees from a vertical line drawn on the pattern. The first formed a stock price closing low of 2.64 on 5/23, which was a 12.4% decline from the former peak of 3.01 that formed the spike decline. Another low of 2.41 occurred on 6/8, which marked a low of 19.9% from former peak of 3.01.

    FSTR, NEE, NEM, & USLM started displaying bad pattern attributes, marking a sell signal on the Ludicrous stock model.

    On 6/4, the 10D simple moving closing average declined at an angle less than 25 degrees from a vertical line drawn the day prior (measured when chart is set to 1-year and 1-D increments), this marked a sell. I missed as well. The regular process by the model is when you see a big decline in your holdings looking after market close (after you’re done with your day job), to look at the one-year chart and identify a steep declining 10-day moving average. When you make a template guide to identify the steep angle, you can sell right away and keep your precious capital.
    On 6/4, the same sell trigger rule, which is called the R4 sell rule by the Ludicrous stock model, occurred on SCCO and TCOM stocks with the 10D declining at an angle less than 25 degrees from vertical axis line drawn the day before.
    LPG and OCGN stock dipped more than 6% below the latest 50 level, marking sell trigger.

    New Buy Now Triggers (6/9): CCLD, DERM, PYPL, TJX, VRSK, EBS, JMIA

    Close to Buy Triggers (6/9): AI, ALGM, AMBA, AMRC, ANGO, AOSL, APLD, AQN, BALY, BCRX, BEEM, BIGC, BIIB, BILI, BLDP, BLNK, BYND, BZUN, CAG, CALX, CCI, CDMO, CEVA, CGNX, CHWY, CLB, CLNE, CLOV, COMM, CONN, CRCT, DOCS, DSX, DTSS, EMBC, ENVX, ETSY, EXPE, FAST, FATE, FCEL, FMC, FOSL, FVRR, GCO, IPI, IR, JBSS, LASE, LESL, LUMN, LXU, MRSN, MRVI, MP, NNOX, PODD, RFIL, SKLZ, SLDP, SMOG, TUP, THRM, UI, VNDA, XOS, ZLAB, ZUMZ

    Current model owned stocks as of 6/9 (stop sell price):
    AA (36.11), AGI (15.31), APP (72.36), APP (72.36), BSX (67.71), CAVA (75.42), CBAT (1.50), CMRE (12.31), CWEN (23.92), D (50.21), DAL (50.15), DOV (167.65), DTI (4.97), EME (343.83), ENV (59.33), ETN (303.66), FUTU (66.12), GATO (10.56), GDDY (121.93), GKOS (97.57), GOOGL (155.41), GSL (23.12), INGN (8.84), MAMA (5.58), MESO (6.34), MMM (97.01), MTX (73.14), MU (114.50), NVAX (15.31), NVDA (987), OUST (10.20), PHG (24.55), PHIN (38.75), PWR (245.80), QCOM (171.65), QTWO (53.58), SHIP (11.45), SPXC (121.84), SRTS (5.06), TATT (12.69), TDG (1196.45), TNDM (42.09), TT (294.67), VRTX (399.10), VST (79.53), WWD (156.68), ZIM (17.40)

    Quantity of current Holdings: 67 (Stock Model Portfolio 80.9% Equity before new transactions)
    Less: New Sells - 15
    Plus: New Buys 7
    New Stock Quantity 59

    Market Status Update Ludicrous Market timing model status is GREEN as of 6/2. It is all clear to invest in equity index at this point in time.

    Happy Investing,
    Ludicrous Returns
     

Share This Page