Another week, another victory
Market is everything but quiet in the past couple of days and we think this is a good time for a quick review.
Initially profiled in March 26 “Swing Trader Bulletin”, James River Coal Company (JRCC) has gained more than +120% and remains well positioned.
Actually, we really like the action over the past few weeks – volume picked up as prices cut through key resistance (see chart). As mentioned, we’re still bullish on JRCC and expecting the stock to trend higher.
Shares of China Financial Online (JRJC) rose more than +18% today on massive volume. The stock had gains about 40% since profiled in April 25 “Swing Trader Bulletin” as a potential buy candidate.
One of the more actively traded shares in the IPO market was Titan Machinery Inc (TITN). The stock jumped more than 10% today on explosive volume.
As you can see, TITN gains about +17% in just 3 days after profiled in May 13 “Swing Trader Bulletin” as a potential buy candidate. Today’s bullish breakout had helped setting the stage for an acceleration run into the uncharted territory.
Other winning trades included:
- Big Lots Inc (BIG) set up on April 15, 2008. The position gains more than 30% in about a month.
- Lsb Industries Inc (LXU) up about +23% since set up in March 25, 2008.
- Yamana Gold Inc (AUY) set up on May 02, 2008. The position gains about +16% in about 10 days.
- Fording Canadian Coal (FDG) set up on May 05, 2008. The position gains about +14% in just 2 weeks.
- Metropcs Communication Inc (PCS) profiled on May 12, 2008. The stock gains about +10% in a week.
- Del Monte Foods Co (DLM) up about +9% since set up in April 30, 2008.
These are just couples of many successful trades that our member had enjoyed recently. After all, aren’t you glad you subscribed?
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