5 straight months of profitability

This is a nice stat.  We have not had a streak like this since 2006.  The market has been kind to this strategy.  We did not have downgrades nor negative earnings surprises for our stock picks.  May is a down month with the NAS100 down about 3% which provided us with many opportunities to buy oversold stocks.  The market usually pullbacks about 2-3 days then bounce back allowing us many profitable trades.  The energy sector had pulled back hard and rebounded nicely.   The following chart of  BWA showed our entry point.   BWA have been dropping for 2 weeks without any significant bounce.  It finally hit its support of 66 back in February.   We enter the trade on May 24 and got a nice bounce the next day.

  I hope our subscribers are doing well.  To trade well, you need confidence in the system, take all the trades and have the discipline to exit a few days after. 

June is starting out with  a -270pt in the DOW.  We are not in any stocks. That is a good sign.  Let’s make June a profitable month as well.