Step 7 All-Star B List Performance 4.12.17


EOM Garden II Prep:  Step 7   4.13.17

“I have learned through the years that after a good run of profits in the markets, it`s very important to take a few days off as a reward. The natural tendency is to keep pushing until the streak ends. But experience has taught me that rest in the middle of the streak can often extend it.”
                                                                                          Marty Schwartz

Our time off is just as important as our time on. Take tomorrow and this weekend off-get away from the market and focus on what is important.               DOE

Today we continue with our All-Star B analysis in our next Garden Growing application exercise.

Step 7

Today we analyze the one-year performance of the All-Star B list (BA 2). Next week, we begin analyzing each candidate, extrapolate the number of shares purchased with an estimated target price then determine alert conditions.

Key Points

1.  JGH is the strongest, outperforming the SPX 31% to 15%
2.  HIX is the laggard, still outperforming the SPX 22% to 15%
3.  Since my Garden Growing goal is share appreciation for the next seven years, I want to buy after a price drop then only with a weekly SS Buy Signal, confirmed with a daily SS Buy Signal
4.  I plan to buy incrementally and budget $500 for each purchase

Action Point 

Even with the title of All-Star B, these candidates are extremely profitable investing and trading candidates. 
 
When my analysis is complete, I plan to compile all steps into a single PDF document, available exclusively to EOM Members.

If you have questions, please send them to eyeonthemarket@outlook.com.

Next week, we continue analysis of the All-Star B candidates for our next Garden.

Enjoy your weekend,

David O. England

 

Plan your work, work your plan, and share your harvest! 1 Timothy 2:1-2

This information is for Educational purposes only. It shall in no event be construed or interpreted as an offer or recommendation to buy or sell securities of any kind.

DAVID O. ENGLAND is the founder of the Eye on the Market-Training Academy and Associate Professor Emeritus of Finance. This column is presented for educational purposes only and not intended as financial advice.

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