It has been a great month so far, and we'll close it out strong next week.
You can see just how profitable the month has been so far. Out of the 11 trades that have been placed, 9 of them have resulted in profits for a 81.8% accuracy rate.
Take a look for yourself!
As the market sold off in the early part of the month, my analysis of the market and the direction it would ultimately go suggested we were at a near-term bottom, and being positioned long was the logical direction to trade. As a result, when the market dropped lower, members of the SharePlanner Splash Zone added more positions for the inevitable bounce that would come.
On the year, I have brought in over $40,914.85 in profits on a $200,000 portfolio which comes out to a +20% return and we are not even done with August yet.
So if you want to learn what it means to trade profitably, then become a member of the SharePlanner Splash Zone as soon as you can, and start profiting consistently, each and every month. Even if you can't trade during the day, you can automate all my trades via Ditto Trade.
With your membership you will receive access to my trading chat room where I reside Monday through Friday fielding questions and providing analysis on the markets, trading ideas and providing my own real-time trade alerts that also come to you via email and text (international numbers too).
Try out the SharePlanner Splash Zone with a Free 7-Day Trial. With The Splash Zone, you will get my low risk and high probability trade setups that no other trading service can offer.Read more...
Economic reports due out (all times are eastern): Janet Yellen speaks at Jackson Hole
I'm back in the saddle doing my weekly Google Hangout videos and today I fielded some user questions that included how do I scan for trade setups, identifying legit market downtrends, and the kind of short setups that I like to take and when.
Also I cover the following stocks and trade setups in STLD, AAPL, ETFC, DDD, STT, KOG, RRD, STT, WFT. Not to mention the general market analysis in the S&P 500 and a market timing indicator that is a favorite of mine.
Here's the video:Read more...
Economic reports due out (all times are eastern): Jobless Claims (8:30), PMI Manufacturing Index Flash (9:45), Philadelphia Fed Survey (10), Existing Home Sales (10), Leading Indicators (10), EIA Natural Gas Report (10:30)
Last week's update of the SharePlanner Reversal Indicator stated that a significant bounce was bound to happen and it did.
And still the reversal looks like it is in the early stages on both time frames.
Here's the Daily SPRI:Read more...
Economic reports due out (all times are eastern): MBA Purchase Applications (7), EIA Petroleum Status Report (10:30), FOMC Minutes (2)
This will be brief, but I wanted to share with you a screen shot of one member's portfolio who has been automating all my trades through his brokerage account with Ditto Trade. He, like the rest of Splash Zone members, has been doing fantastic this year, and he provided me with a look at how well he has been doing in August by showing me a screen shot of his portfolio.
See for yourself!
You can start trading with me today by signing up for a Free 7-Day Trial of the SharePlanner Splash Zone. With your membership, you will get access to all of my Real-Time Trades via email and text (International numbers too), and you'll be apart of our awesome chat room of traders who are experiencing incredible success in their trading.Read more...