How this Week’s Premium Top 10 Performed, May 22, 2020

Each week I post the performance of the stocks that were given to subscribers the previous Sunday. All performance is measured against the plan given to subscribers.

Eight of the 10 trades triggered this week, and 6 were closed out before the bell Friday. That left trades open in Chewy and Anaplan. Three trades were closed for a gain, 2 for break even and 1 for a loss. An equal weight portfolio gained 1.95% on the week, using 80% of capital. This however was crushed by the performance of the SPY, the QQQ and the IWM. There are no triggers or stops or targets measured in the index ETF performance. Here is this week’s rundown:

The Premium Service does not advocate an equal weight allocation, but uses it as one way to measure performance. Equal Weighted Investment Yield assumes a buy at 1/10 portfolio size for each stock that triggers and accounts for stop loss triggers in the trade plan presented to subscribers (i.e. your performance would be better). If the security is labeled no trigger than our trade plan would not have executed a trade (i.e. you would have had no position).

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Equal weight year to date performance is now +32.05%:

If you like what you see sign up for more ideas and deeper analysis using the Get Premium button above.   

If you like what you see above sign up for deeper analysis and trading strategy by using the Get Premium button above. As always you can see details of individual charts and more on my StockTwits page.

The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for my full disclaimer.

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