Come For The Fun, But Stay For the Performance
Stock indexes fell again, capping a week in which the Dow Jones Industrial Average posted its steepest decline since December, driven by large share-price swings at widely followed companies issuing quarterly earnings reports.
Shares of biotechnology companies led Friday’s decline, after Biogen plunged 22% on a soft sales outlook. The biotech pullback countered a 9.8% gain in Amazon.com, the latest stock-price surge in a technology company that posted better-than-expected earnings.
For the week, the Dow fell 2.9%, while the S&P 500 declined 2.2%.
IBM, CAT, UTX, MMM and AXP were big killers for the Dow last week.
The week was horrible, but as usual Upsidetrader subscribers greatly outperformed the stock market. Please review the table below. It is all trades done up to the close of trade Friday. If you think this can be of a benefit to you, then please sign up today. There is no better time than now to finally make the decision and become a Premium member.
The offer is still 50% off and you will also receive, for free, my 60 minute video where I analyze my favorite stock setups. That alone is a $300 value, but yours for free.
Join today and good luck net week.
Date
Stock
Entry
Stop
Date Sold
Action
P/L ($)
Active
% Return
12/9/14
CELG
119
115
7/15/15
Sold1/4
+16.50
Yes
+13.9
12/17/14
BLUE
88.50
140
1/14/15
4/27/15
5/30/15
Sold1/4
Sold1/4
Sold1/4
+17.00
+45.00
+108.17
+19.0
+51.0
+122.2
4/1/15
BIIB
411
375
4/9/15
Sold1/4
+18.00
Yes
+4.4
6/14/14
NDRM
16.20
15
7/6/15
Stop
-1.20
No
-7.4
6/17/15
DPLO
41.50
45
7/4/15
7/13/15
7/15/15
Sold1/3
Sold1/3
Sold
+5.00
+7.90
+10.13
No
+12.0
+19.3
+24.4
6/22/15
DYAX
27.25
25.40
7/16/15
Sold
+.10
No
+.03
CHRS
28
34
7/10/15
7/16/15
Sold1/3
Sold1/3
+5.60
+8.70
Yes
+20.0
+31.0
6/25/15
RGEN
41.80
39
7/21/15
Stop
-2.80
No
-6.7
KITE
67
67
7/15/15
Sold1/4
+6.45
Yes
+9.6
7/7/15
TNET (short)
25.35
26.25
7/24/15
Covered
flat
No
flat
TNA
87.50
88
7/14/15
7/23/15
Sold1/4
Stop
+6.00
+.50
No
+6.5
+0.5
UPRO
66.70
71
7/14/15
7/23/15
Sold1/4
Stop
+4.60
+4.30
No
+6.9
+6.4
NVAX
11.32
11.80
7/15/15
7/24/15
Sold1/3
Stop
+1.30
+.48
No
+11.5
+4.2
HDB
62.50
59
Yes
7/10/15
FOLD
14.40
16.25
7/15/15
7/16/15
7/21/15
Sold1/3
Sold1/3
Stop
+1.13
+1.75
+1.85
No
+7.8
+12.1
+12.8
7/13/15
ALKS
64.75
67
7/15/15
7/24/15
Sold1/4
Sold
+4.25
+3.20
No
+6.5
+4.9
PRTA
52.50
62
7/15/15
7/16/15
7/22/15
Sold1/4
Sold1/4
Sold1/4
+5.00
+6.50
+15.70
Yes
+9.5
+12.4
+30.0
FIT
44.40
45.50
7/15/15
7/20/15
Sold1/4
Stop
+4.00
+1.10
No
+9.0
+2.5
7/15/15
CNX (short)
19.70
20
7/24/15
Covered 1/4
+2.30
Yes
+11.7
7/16/15
CLDX
27.20
25.50
7/21/15
Stop
-1.70
No
-6.2
7/20/15
NBIX
53.95
50
Yes
short
YELP
34.45
36.25
7/24/15
Covered
flat
No
Flat
7/22/15
ANTH
10.15
10.15
7/25/15
Sold1/4
+1.20
Yes
+11.9
7/23/15
JUNO
53
48
Yes
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