Wednesday, May 17, 2017

Best and worst trades - May 2017

Markets have climbed to new highs in the recent month and that has given us good trending moves in a lot of stocks. The aim of reversal levels method is to ride those trending moves whenever they come along. Good trading starts with realistic expectations, so once a month we show the good, the bad and the ugly.

In April Petrobras Argentina PZE was topping our list. That stock is still doing well but Shopify SHOP has taken over 1st place with a 118% gain in 96 days. The Buy signal was given on December 28 when SHOP could be picked up at $43.53. It now trades at $94.93 and there may be more to come.
Second is MOMO with an 112% gain in 90 days and TGS comes third with 112% gain in 121 days. Those moves are not finished, stocks are held until their next Sell signal (or Buy signal for a short position).

The worst trades are short MEDP (-19%), followed by short UEIC (-12%) and short SNAP (-6%). We keep losses small.

You can see all our current signals by downloading today's reversal level file: https://www.dropbox.com/s/k35nub35a5arf5n/RL_20170517.html?dl=1
(Html file. Download before opening in any good desktop or mobile browser.)

The current top 20:

The bottom 20:

RL for May 17

Today's reversal levels for major indexes and some popular stocks:
  • Ongoing partial profits signal for DAX.
  • Speculative Buy signal for BIIB.
  • Sell signal for DLTR.
  • Sell signal for SNH. Failed rally.
  • Bearish divergence for TSLA. Can Sell early.
  • Partial profits signal for AMZN, FEYE and PYPL.
  • Bearish continuation for RIG. Can add to short positions.

  • 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 May 16, 2017
NameCloseTrModeRevL (D)MoM (D)DaysP/L %Action
US - S&P 500^SPX2400.67
26
2381.632.88 ▼
16
0.81%
Japan - Nikkei^N22519919.82
2
19157.0410.00 ▲
13
5.55%
UK - FTSE 100^FTSE7522.03
1
7311.897.92 ▲
7
3.08%
Germany - DAX^DAX12804.53
42
12523.038.31 ▼
15
2.78%
pP
Australia - AOI^AORD5882.20
24
5917.00-1.94 ▼
7
-0.31%
Brazil - BOVESPA^BVSP68684.50
62
65878.186.68 ▲
14
5.44%
20+ Y Tr. Bond ETFTLT121.51
31
121.77-2.68 ▲
15
0.01%
Gold (spot)$XAUUSD1236.78
7
1249.68-5.95 ▲
11
1.58%
$EURUSD$EURUSD1.1081
2
1.08173.33 ▲
20
3.27%
Oil (CL)@CL48.24
2
49.39-1.93 ▲
18
4.89%
Wheat (ZW)@ZW425.00
1
435.90-1.46 ▼
1
-0.59%

Daily reversal levels as of the close on May 16, 2017
NameCloseTrModeRevL (D)MoM (D)DaysP/L %Action
American Airlines GroupAAL46.94
3
44.194.81 ▲
7
5.25%
Apple Inc.AAPL155.47
41
147.8210.00 ▲
108
38.43%
AmbarellaAMBA63.59
2
56.757.61 ▲
16
15.89%
Amazon.com Inc.AMZN966.07
58
926.387.69 ▲
34
12.46%
pP
Bank of AmericaBAC23.99
41
23.612.58 ▼
16
0.00%
Biogen Inc.BIIB257.64
8
271.47-8.03 ▲
12
5.05%
spBuy
Chesapeake EnergyCHK5.54
12
5.421.68 ▲
4
-4.15%
3D Systems Corp.DDD23.31
2
17.5210.00 ▲
20
52.35%
Dollar Tree, Inc.DLTR79.10
2
81.520.59 ▼
0
0.00%
Sell
Facebook, Inc.FB149.78
17
147.243.25 ▼
90
23.81%
FireEye, Inc.FEYE15.65
2
13.439.82 ▼
40
34.22%
pP+
Fitbit Inc.FIT5.74
33
6.070.76 ▼
2
0.52%
Frontline Ltd.FRO6.36
71
6.52-4.03 ▲
22
4.65%
First Solar, Inc.FSLR36.78
1
32.2910.00 ▲
14
24.64%
Gold Miners ETFGDX22.96
2
22.121.08 ▲
2
-0.74%
Gilead Sciences Inc.GILD65.72
54
67.49-3.49 ▼
4
1.57%
Alphabet Inc.GOOGL964.61
22
921.059.19 ▼
21
13.15%
Herbalife Ltd.HLF72.22
7
63.8510.00 ▲
42
28.46%
Interactive Brokers GroupIBKR34.98
8
35.51-0.05 ▼
3
-0.17%
Netflix, Inc.NFLX159.41
34
153.876.66 ▼
15
5.20%
NiSource Inc.NI24.21
11
24.040.90 ▲
45
3.15%
Orbital ATK Inc.OA97.69
26
98.72-0.87 ▼
2
0.13%
Opko HealthOPK6.60
20
7.47-5.37 ▼
9
12.47%
PaypalPYPL50.34
43
46.609.34 ▼
21
16.53%
pP+
Transocean Ltd.RIG10.69
9
11.38-1.44 ▼
51
20.40%
AddSh
Rockwell AutomationROK157.50
62
155.200.89 ▲
16
-0.47%
StarbucksSBUX59.98
6
59.640.14 ▼
36
5.86%
Shopify Inc.SHOP94.93
61
80.5010.00 ▲
96
118.08%
Senior Housing Prop.SNH20.92
11
21.32-2.56 ▲
0
0.00%
Sell
Tesla Motors, Inc.TSLA317.01
20
305.253.44 ▼▼
7
1.97%
dSell

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.