One of the perks of becoming a monthly subscriber to this website is enjoying the stock symbols that Trader Scott shares every day that have a high probability of being movers yielding high profits. Of course, it’s up to you to exercise the knowledge you’ve learned from his trading videos and conference calls to understand the trade set ups and when to exit the trade, taking your profits, but he does the hard work finding and filtering the symbols.
A good many of the symbols he shares every morning are more geared toward short term trading, however, this past spring, Scott worked really hard going through chart after chart and filtered 39 stocks which looked primed for moves. In part 1 of this post, we look at 19 of those 39 symbols and see how they’ve done since his April 2 post which read:
I’m going thru charts, pondering, studying earnings, considering sectors, looking for what will be the leaders coming out of the “correction” in the market. Those specialty retailers I’ve been discussing, also some oil stocks with crude in that big accum area, and some green tech stocks. Also tech and IPOs. And the ones with relative strength. I will go more in depth with these, put them into sectors, but some ideas for now.
BFAM, RSPP, MEOH, VIPS, VNOM, LE, LULU, URBN, AEO, ANF, GES, CTRN, M, NWY, PEN, TEAM, DBX, FIVE, FND, SQ, SGH, WHD, IQ, FUSZ, AMAG, ETFC, INSM, MU, ETSY, CREE, INTC, OBE, LOXO, CLNE, GWPH, ARQL, WDAY, CLDR, EC.
What a list, especially with the stock market not in a current uptrend part of the overall massive bull. There is an old Wall Street saying – “don’t confuse brains with a bull market”. Well currently the stock market is not in a bull phase on an intermediate basis. So Scott put out this list without having help from the power of the market helping him. The stock market is up 3% over the same period. That is pure ability to be able to put out such an awesome outperformance list.
We shared 19 symbols of the list here and tracked their performance. We tracked the remaining 20 symbols and all together, the entire list was up 16% in 7 weeks. That’s about a 110% annualized return which far out performs most every hedge fund out there.
And again, keep in mind that this performance was during a time when the stock market was going nowhere. Imagine the performance when the solid uptrend starts again.
CREE Price on 4/2 40.17 Price on 5/23 45.17
MU Price on 4/2 51.54 Price on 5/23 60.30
ETFC Price on 4/2 55.12 Price on 5/23 65.70
SQ Price on 4/2 48.88 Price on 5/23 54.75
ARQL Price on 4/2 2.91 Price on 5/23 4.30
CLNE Price on 4/2 1.64 Price on 5/23 2.62 Big Winner Up 60%
OBE Price on 4/2 1.02 Price on 5/23 1.19
GES Price on 4/2 20.52 Hit a high of 26.15 on May 21 Price on 5/23 24.22
M Price on 4/2 29.75 Hit a high of 35.11 on May 21 Price on 5/23 33.45
NWY Price on 4/2 3.47 Hit a high of 4.31 on April 9 Price on 5/23 3.86
TEAM Price on 4/2 53.54 Hit a high of 66.00 on May 11 Price on 5/23 62.94
AMAG Price on 4/2 19.90 Hit a high of 24.90 on May 21 Price on 5/23 23.15
INSM Price on 4/2 22.09 Hit a high of 29.18 on May 21 Price on 5/23 26.13
ETSY Price on 4/2 28.07 Hit a high of 31.83 on May 8 Price on 5/23 29.38
EC Price on 4/2 19.36 Hit a high of 23.34 on May 14 Price on 5/23 21.15
SGH Price on 4/2 49.71 Dipped to 37.32 on April 25 Price on 5/23 45.09
CLDR Price on 4/2 21.58 Dipped to 12.57 on April 10 Price on 5/23 16.09
Winners, then Losers:
CTRN Price on 4/2 30.78 Hit a high on April 9 at 32.49 Price on 5/23 29.20
FIVE Price on 4/2 73.13 Hit a high on April 18 at 78.28 Price on 5/23 72.68
FND Price on 4/2 52.08 Hit a high on April 5 at 58.28 Price on 5/23 44.70