• Market Insight

FLS Playbook Update: Stocks Higher For The Week 08.13.15

Facebook
Twitter
LinkedIn

 

 

[su_heading style=”modern-2-dark” size=”20″] Market Update [/su_heading]

Wednesday was a big support day for the major indices as the bulls showed up and quelled the bearish selling. It was encouraging to see the major indices turn positive yesterday and are now on track to close higher for the week. We want to see where the market closes tomorrow and as always we will have a full report for you this weekend. In case you missed it, here is the link to my Fox Business interview this morning video.

[su_heading style=”modern-2-dark” size=”20″] Portfolio Update [/su_heading]

Thankfully, the FLS portfolio is  performing very well considering how the major indices have been acting in recent weeks. Here is a snapshot as of 1:49 pm EST:

[su_heading style=”modern-1-dark” size=”18″] Positions [/su_heading]

  1. The service owns:   AMZN +21.58%, XLF +1.01%, REGN +11.90%, UA +14.85%

  2. The service will exit:  AMZN @482, XLF @24.03, REGN @ 521, UA @ 92.77

[su_heading style=”modern-1-dark” size=”18″] Working Buy Orders [/su_heading]

There are no new buy orders today

 

Facebook
Twitter
LinkedIn

Here are more articles you may like
Picture of Adam Sarhan

Adam Sarhan

Host Of The #SmartMoneyCircle Podcast, Founder and CEO of 50 Park Investments. Adam provides weekly market updates to ChartYourTrade.com readers. He is a FORBES Contributor and is a frequent guest on all the major financial media outlets.

Claim Your Free Guide Today

Give us your email and we will give you the tools to change your life. 

FREE 7 DAY EMAIL COURSE

Learn about Early Entry Points & much more...

© ChartYourTrade | Contact us: website@chartyourtrade.com

Disclaimer: All communication from ChartYourTrade is general in nature and for educational and general informational purposes only. Under no circumstance should it be considered personalized investment advice. All our work is general in nature and not specific to any one person. All the information on this site and/or that originates from us, or any of our partners or affiliates, is for educational and informational purposes only and is NOT a recommendation to buy or sell anything. To avoid any conflicts of interest, we do not have a working relationship with any of the companies mentioned in our work. Furthermore, we may have a long, short, or no position in any, or all, of the names that appear in our work and they may change at any time without notice. Investing and trading in capital markets or using margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you as well as for you. Before you decide to invest or trade in capital markets you should carefully consider your investment objectives, level of experience, and risk appetite, among other factors. The possibility exists that you could sustain a loss of some, all, or more of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with capital markets, investing/trading, and seek specific investment advice from an independent financial advisor and other professionals. Remember all the information we provide is for educational and general informational purposes only and is subject to change without notice.

Charts and Data are courtesy of MarketSmith Incorporated. Join MarketSmith here.

Terms of Service