Week's evaluation; DJIA was down for the week but my trades were up

Good morning,

It’s Saturday again to evaluate the performance of the stocks selected by KUTE.

DJIA last Friday’s close was 10,618.19 and we have expected the market to edge up on expected positive earnings. The strategy was to buy and sell at higher target returns. Well, stocks ended the week lower after disappointing report from JP Morgan last night at 10,609.65, down 0.08%. Before last night fall, DJIA Thursday’s close was 10,710.55 and the week’s high was 10,767.15. It was during these indexes high and most of the KUTE recommended stocks were squared at good profits.

NOV last Friday’s close was $47.11 and last night’s close was $46.24. The recommendation was to avoid this stock. During the week I had traded this stock when it had dipped way below last week’s close and made very good profits. I had another position opened at $45.95 and this position is in the money.

DOX last week’s close was $28.49 and the call was to avoid this share. It closed last night at $28.47. NE was $44.87, and there was no buy signal. It closed $43.73 last night. PDE was $33.86 and KUTE’s signals were bearish. It ended last night’s session at $32.78. DSX last week’s close was $16.09 and the KUTE’s technical suggested that it will be flat and the recommendation was to buy when there’s opportunities from observing the daily candle formations. It closed last night at $16.09. The week’s low for this share is $15.81 and had high of $16.62. I have bought and sold this share during the week because the candles were bullish and made very good money. RDC last week’s close was $25.25, the recommendation was to place orders at higher than previous close. The stock ended the session last night at $24.13. Its week’s high was $26.16 and low was $23.85. This stock was profitable for the trades I made; however, I still have a position bought at $24.68 that is out of the money. I bought another position at $24.08 and this position is in the money.

Have a great weekend and see you on Monday for the new KUTE selections.

Francies Cheng
BBus MAppliedFinance