Thursday, April 20, 2017

Best and worst trades - Apr 2017

Markets have chopped sideways in the recent month and that's the least favorable environment for the reversal levels approach. But that doesn't deter us from staying in the big trending moves while avoiding big losses. Good trading starts with realistic expectations, so once a month we show the good, the bad and the ugly of our method.

In March Global Blood Therapeutics GBT was topping our list. That move has ended and Petrobras Argentina PZE has taken over first place with a 102% gain in 80 days. The Buy signal was given on December 22 when PZE could be picked up at $5.74. It now trades at $11.63 and there may be more to come.
Second is FIZZ with an 84% gain in 59 days and GNCMA comes third after gaining 83% in 23 days. Those moves are not finished, stocks are held until their next Sell signal (or Buy signal for a short position).

The current worst trades are short KPTI (-8%), followed by long PBYI (-7%) and long DXPE (-6%). We keep losses small.

You can see all our current signals by downloading today's reversal level file: https://www.dropbox.com/s/pgvbg6cv7lt2bwi/RL_20170420.html?dl=0
(Html file. Download before opening in any good desktop or mobile browser.)

The current top 20:

The current bottom 20:

RL for Apr 20

Today's reversal levels for major indexes and some popular stocks:
  • Speculative Buy signal for Nikkei.
  • Sell signal for NFLX. Failed rally.
  • Bullish divergence for FIT.
  • Partial profits signal for SNH.

  • Hover or tap on an item in the Action column to see strategic advice for the stock.
  • Hover or tap in the "Days" column to see the start date and price for current position.
  • Hover or tap in the weekly trend ("Tr") column to see the weekly reversal level.

Daily reversal levels as of the close on April 19, 2017
NameCloseTrModeRevL (D)MoM (D)DaysP/L %Action
US - S&P 500^SPX2338.17
22
2358.31-2.34 ▼
4
0.16%
Japan - Nikkei^N22518432.20
0
18814.02-7.51 ▲
20
3.24%
spBuy
UK - FTSE 100^FTSE7114.36
41
7333.40-3.01 ▼
1
0.46%
Germany - DAX^DAX12016.45
38
12165.60-1.62 ▼
1
-0.02%
Australia - AOI^AORD5839.90
20
5907.931.69 ▼
1
0.49%
Brazil - BOVESPA^BVSP63406.97
58
64952.36-2.04 ▼
8
1.24%
20+ Y Tr. Bond ETFTLT124.02
27
121.157.50 ▲
21
4.18%
Gold (spot)$XAUUSD1279.96
3
1254.607.01 ▲
23
4.36%
$EURUSD$EURUSD1.0711
26
1.0642-0.86 ▲
1
-0.19%
Oil (CL)@CL50.85
1
50.745.26 ▼
12
0.42%
Wheat (ZW)@ZW418.50
12
430.99-0.53 ▼
2
0.89%

Daily reversal levels as of the close on April 19, 2017
NameCloseTrModeRevL (D)MoM (D)DaysP/L %Action
American Airlines GroupAAL44.40
4
42.424.29 ▲
5
-0.87%
Apple Inc.AAPL140.68
37
140.25-1.75 ▼
89
25.26%
Ambarella, Inc.AMBA52.02
23
53.77-5.24 ▼
19
4.27%
Amazon.com Inc.AMZN899.20
54
879.474.68 ▼
15
4.67%
Bank of AmericaBAC22.74
37
23.64-3.89 ▲
21
7.18%
Biogen Inc.BIIB271.94
4
276.33-0.99 ▲
23
1.50%
Chesapeake EnergyCHK5.50
8
5.920.07 ▼
2
2.14%
3D Systems Corp.DDD15.27
6
14.541.65 ▲
1
-0.20%
Dollar Tree, Inc.DLTR78.02
16
76.180.28 ▲
14
-0.24%
Facebook, Inc.FB142.27
13
139.120.02 ▲
71
17.60%
FireEye, Inc.FEYE12.19
87
11.870.05 ▲
21
4.55%
Fitbit Inc.FIT5.70
28
5.77-2.01 ▲▲
68
22.76%
dBuy
Frontline Ltd.FRO6.66
66
6.81-0.88 ▼
3
0.15%
First Solar, Inc.FSLR26.54
5
29.04-1.87 ▼
31
19.92%
Gold Miners ETFGDX23.39
0
23.264.45 ▼
10
0.95%
Gilead Sciences Inc.GILD66.28
50
67.22-2.23 ▲
30
3.97%
Alphabet Inc.GOOGL856.51
18
844.170.30 ▲
2
0.47%
Herbalife Ltd.HLF59.35
3
57.313.79 ▲
23
5.57%
Interactive Brokers GroupIBKR33.88
4
35.37-2.55 ▲
33
9.53%
Netflix, Inc.NFLX139.76
30
145.51-1.15 ▼
0
0.00%
Sell
NiSource Inc.NI24.23
7
23.662.38 ▲
26
3.24%
Orbital ATK Inc.OA96.77
22
97.80-1.59 ▲
3
-0.98%
Opko HealthOPK7.52
15
7.76-3.55 ▼
11
2.21%
PaypalPYPL43.30
39
42.59-0.08 ▲
2
0.23%
Transocean Ltd.RIG11.27
5
12.43-3.61 ▼
32
16.08%
Rockwell AutomationROK149.58
58
154.02-4.23 ▼
4
0.09%
StarbucksSBUX59.04
2
57.102.42 ▲
17
4.20%
Shopify Inc.SHOP72.64
56
67.113.75 ▲
77
66.87%
Senior Housing Prop.SNH21.95
7
20.879.03 ▼
18
9.48%
pP
Tesla Motors, Inc.TSLA305.52
16
283.176.63 ▼
17
17.24%

Note: This is a live demo portfolio to show how reversal levels work for different types of stocks, not a recommendation to invest in any of those companies.

The daily reversal levels for more than 2700 stocks and etf are available by monthly subscription.
Comes with full instructions and strategies for using the reversal levels and the MoM indicator in your own trading. Give it a try.