Week 14 April 1thry 4 2019

[blygh]

Week 14 2019                               
Mon April 1                                 post time                                                                  @fc = "At Friday close         dft = default pick             sh=short   OC=ON A CLOSE

Rider	Horse	Open	Latest	G/L	%	Stop		Rank
1   DJIA	DJIA	26075.1			%
2   Ira	MITK	12.20			%
3Spiderman	APD	192.15			%
4   SD	ARKG@fc	32.88	.		%	31
5 RealDeal	GEO	19.30	.		%
6   Blygh	FCX@fc	12.89			%
7   Market	SPY	284.70			%
	QQQ	181.42			%

 

[blygh]

Week 14 2019                               
Mon April 1                          Into the far turn                                                                   @fc = "At Friday close         dft = default pick             sh=short   OC=ON A CLOSE

Rider	Horse	Open	Latest	G/L	%	Stop		Rank
1   DJIA	DJIA	26075.1	26258.82	+183.72	+0.7%			2
2   Ira	MITK	12.20	12.20	0	0%			7
3Spiderman	APD	192.15	191.49	-0.66	-0.34%			8
4   SD	ARKG@fc	32.88	33.00	+0.12	+0.37%	31		4
5 RealDeal	GEO	19.30	19.43	+0.13	+0.67%			3
6   Blygh	FCX@fc	12.89	13.10	+0.21	+1.62%			1
7   Market	SPY	284.70	285.33	+0.63	+0.22%			6
	QQQ	181.42	182.04	+0.62	+0.34%			5

 Blygh takes the early lead

[blygh]

Week 14 2019                               
Tues April 2                                 Out of the far turn                                                                 @fc = "At Friday close         dft = default pick             sh=short   OC=ON A CLOSE

Rider	Horse	Open	Latest	G/L	%	Stop		Rank
1   DJIA	DJIA	26075.1	26179.13	+104.03	+0.4%			6
2   Ira	MITK	12.20	12.00	-0.20	-1.67%			8
3Spiderman	APD	192.15	190.48	-1.67	-0.87%			7
4   SD	ARKG@fc	32.88	33.47	+0.59	+1.79%	31		1
5 RealDeal	GEO	19.30	19.47	+0.17	+0.88%			3
6   Blygh	FCX@fc	12.89	13.12	+0.23	+1.78%			2
7   Market	SPY	284.70	285.97	+1.27	+0.45%			5
	QQQ	181.42	182.73	+1.31	+0.72%			4

 Lead change - SD by a hair

[sd]

That's a mighty thin lead !
Markets started off with a pop Monday! Hope it continues this week-
Getting the charts updated late: stockcharts.com/public/1675108

[blygh]

Week 14 2019                               
Wed April 3                                 Into the backstretch                                                                  @fc = "At Friday close         dft = default pick             sh=short   OC=ON A CLOSE

Rider	Horse	Open	Latest	G/L	%	Stop		Rank
1   DJIA	DJIA	26075.1	26218.13	143.03	+0.55%			6
2   Ira	MITK	12.20	12.04	-0.16	-1.31%			8
3Spiderman	APD	192.15	191.72	-0.43	-0.22%			7
4   SD	ARKG@fc	32.88	34.21	+1.33	+4.05%	31		1
5 RealDeal	GEO	19.30	19.48	+0.18	+0.93%			4
6   Blygh	FCX@fc	12.89	13.16	+0.27	2.09%			2
7   Market	SPY	284.70	286.72	+2.02	+0.71%			5
	QQQ	181.42	183.78	+2.36	+1.30%			3

 SD EXTENDS HIS LEAD

[blygh]

Week 14 2019                               
Thurs April 4             Out of the clubhouse turn racing for home                                                     @fc = "At Friday close         dft = default pick             sh=short   OC=ON A CLOSE

Rider	Horse	Open	Latest	G/L	%	Stop		Rank
1   DJIA	DJIA	26075.1	26384.63	+309.53	+1.19%			5
2   Ira	MITK	12.20	12.00	-0.20	-1.64%			8
3Spiderman	APD	192.15	191.77	-0.38	-0.20%			7
4   SD	ARKG@fc	32.88	33.91	+1.03	+3.13%	31		2
5 RealDeal	GEO	19.30	19.62	+0.32	+1.66%			3
6   Blygh	FCX@fc	12.89	13.57	+0.68	+5.28%			1
7   Market	SPY	284.70	287.18	+2.48	+0.87%			6
	QQQ	181.42	183.71	+2.29	+1.26%			4

Lead change - Blygh surges to the lead - SD chasing  

[sd]

Had a few minutes this AM- Markets happy on the jobs report I see!- Green across the board- Going to give Blygh a run today I hope! I'll continue with ARKG at the FC today-

Noticing that the Utility sector- VPU had a pretty decent run since January, and this week with the market's rallying , it has had a succession of declining red bars-as I assume this is now
the markets way of shifting $$$ into "Risk -On". It will be interesting tp see if the markets can continue to move higher in April, but this has been a positive week!
i.imgur.com/pbCvKTD.png

[blygh]

The charts look good but I just wonder of the retail investor is being set up for "Go away May". I have made my money for the year and I am content.  I am happy to collect dividends on safe utilities for the rest of the year.  I still can't figure out the Oct -Dec sell off last year?  
Blygh


SD: I also don't know the rationale for the selling- perhaps it was just market psychology- fear of the crowds.... I think everyone was told that we were in uncharted territory-It turned out to be a plus for me as my stops were hit and I was able to repurchase at lower prices-on the pullback lower -10% and did some buying on Dec 24, 26 Ala Warren Buffet Also, We were in a long term uptrend that beat all historical norms and pundits cited that we were "Overvalued" - So we had a sharp sell-off- and also fear of an overly aggressive Fed..and future hikes..and the yield curve--- seems to be off the table for the time being. and the political rhetoric- just think if the Country was on the same page politically and socially .......... For the second time in 2019 , I am (this week) just now above my Sept 2018 high values- so I am LONG and very overweight Tech, with a focus on allocating into those areas with upside momentum-
As far as exposure and Risk goes- I sold my VPU position last week on a raised stop. I'm Still at a point where I am seeking growth -and despite making a decent Gain from the December lows, I hope to see 2019 exceed the 2018 levels ... so I feel that the recent basing period that many sectors are now moving higher from offers a perfect set up for setting a reasonable stop-loss- using the low of the prior range.....and seeking to go with the momentum. Stops can always be tightened-
As far as May goes- I think it has not lived up to it's "Go Away In May"... It became one of those truisms - that always have exceptions- in 3 recent years- 2016,2017, markets went up and ended higher after a May entry - 2018- markets went higher until September-
Ultimately, it seems it's a crap shoot as to what will be the forces in play- at any time - most of it seems to turn out to be Noise.........and stop-losses are the logical way to enter and follow an expected upside momentum play. SD
i.imgur.com/Cr3gK9r.png

[blygh]

Week 14 2019                         At the finish               
Fri April 5             @fc = "At Friday close         dft = default pick             sh=short   OC=ON A CLOSE

Rider	Horse	Open	Latest	G/L	%	Stop		Rank
1   DJIA	DJIA	26075.1	26424.99	349.89	+1.34%			6
2   Ira	MITK	12.20	11.92	-0.28	-2.30%			8
3Spiderman	APD	192.15	193.19	+1.04	+0.54%			7
4   SD	ARKG@fc	32.88	34.64	+1.84	+5.60%	31		1
5 RealDeal	GEO	19.30	20.08	+0.78	+4.04%			2
6   Blygh	FCX@fc	12.89	13.33	+0.44	+3.41%			3
7   Market	SPY	284.70	288.57	+3.87	+1.36%			5
	QQQ	181.42	184.66	+3.24	+1.79%			4

 Final lead change -SD for the win - Real Deal with a surge to finish 2nd - 

[blygh]

YTD for 2019 as of 4/5  Week 14

Rider	Wins	Place	Show	YTD	Default	YTD
Tiarra	2		1	-6.823%
Ira	4	1		-4.665%	VIXY
Spiderman	3	2	2	+36.679%	EXAS
SD	2	2	2	+40.524%	CME
Real Deal	1	1	1	-9.277%	GLD
Blygh	2	4	2	+0.992%	IDTI
SPY		4	2	+15.870%

SD takes the YTD lead with a 5.6% gain 

                       

 

[realdeal]

Congrats SD!

I will go with QEP "long"

-rd

[Spiderman]

Congrats SD
I'll ride FOLD long this week.
Spiderman

[ira85]

This week VCYT long

My pick last week was defensive. I thought it would hold up pretty well if the market went down. That might have been true, but I'll never know. It seems like every time I try to take a short or defensive position the market goes the other way. I'm a slow learner. I should stick with my momentum strategy with high flying biotech and tech firms. The one that fills the bill this week is VCYT, up 80% in the past 3 months and up 36% in the past month. Buy high, sell higher. -ira

[blygh]

Congrats SD - I am starting to follow those ARK stocks -  next week I like China on deal rumors.  EDU long stop 77

Blygh