Stocks recently sold: WES Sell Now Triggers: There are currently no sell now triggers as of Friday 8/16 close. Stock Model Recent Buy Triggers: 15 AUG: ERII, ILMN, MKTX, MRCY, NOW, LLY 13AUG (as reported on the reply to last weeks report): CWEN, INGN, COMM, XEL, VRNS, VRNA New Buy Now Triggers: ASPN, DY, EVGO, EXFY, FMC, MG, MRVI, ABBV Close to Buy Triggers: CALX, CHPT, ENPH, EXPI, EXTR, FND, FRO, GLOB, IAG, INSP, META, NVST, PGY, S, SBUX, SEDG, SFM, SG, THRM, TSEM, UA, VECO, VTEX, CRS, DGII, EXAS, FLGT, GKOS, GS, HMY, HSY, JD, LCID, LUMN, MTCH, NEOG, NOVA, NVCR, NVDA, PCT, SKX, THS, VFC, VICR Current model owned stocks (stop sell price): Updated stop sell orders calculated from technical analysis model output. ALKT (28.28), BALY (15.45), BSX (71.87), CDMO (9.03), CDNA (27.06), CLFD (36.83), COMM (37.83), CSV (38.83), CWEN (39.83), EVR (207.94), GDDY (136.57), ICUI (129.92), ILMN (119.59), INGN (11.12), INVA (17.28), ISRG (415.97), LLY (824.17), MMM (104.67), MRCY (32.88), NOW (801.40), OMCL (35.20), QTWO (60.37), REGN (1008.25), TJX (104.37), UI (152.17), UPST (31.02), VERX (34.12), VIRT (24.86), VRNA (25.08), VRNS (53.54), XEL (56.90), ZUMZ (22.47) Quantity of current Holdings: 24 (Stock Model Portfolio 32% Equity before new transactions) Less: New Sells -2 Plus: New Buys +4 New Stock Quantity 23 Market Timing Model Status Update Status is BACK TO GREEN as of Thursday 15 AUG. The S&P500 index (^GSPC) closed at 5543.22, WHICH IS 3.8% ABOVE 10d SIMPLE MOVING AVERAGE OF 5343.31. The closing price is not within +/- 1.5 of closing price in the 2-3 month period prior, and there were no 4% declines of the market price outside of the red zone, which lasted from 8/5 – 8/7. Therefore, status pivots from dark blue to green starting Thursday 8/15. It is green to move from cash to equity index. Happy Investing, Ludicrous Returns
21 AUG 2024 Ludicrous Returns Stock Model Update Stocks that hit buy triggers after Market close on 19 AUG (for market purchase on Tuesday 20 AUG: EOSE, NOVA, KRNT, GKOS My apologies that I didn’t get the message out on Monday night on EOSE to share the wealth. EOSE is manufactures batteries for energy storage for the utilities. It is a huge future growth area, as the electrical infrastructure is trying to expand capacity for EVs and artificial intelligence. More specifically, the expansion in capacity is also focused on renewable energy, which really needs places to store clean energy generation so that it can be put to use when the sun is not shining or the wind is not blowing. I wouldn’t worry that the 26% pop from yesterday was missed, my model predicts plenty of growth ahead for this new opportunity growth stock. Joseph Furnari - Ludicrous Returns
