Did You Buy The Dip?

PDS loaded up on the dip. Here is tonight’s subscriber email which details the stocks that were sold at today’s close. It also lists the stocks that closed above their exit thresholds so that subscribers can sell them at tomorrow’s close. Tonight’s list shows an unusually high (~85%) number of winning trades. We typically expect about 70% of trades to be winners. (This number drops to approximately 67.5% once commissions are included).

Note that there are no new picks for tomorrow. The idea is to buy weakness, and sell strength. Thus, no new picks.

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Here’s a quick summary of today’s action:

The following positions were sold today at the closing bell:

Sold JNPR for a 6.64% gain.
Sold SNCR for a 6.63% gain.
Sold FIG for a 6.51% gain.
Sold BX for a 6.08% gain.
Sold KNL for a 5.62% gain.
Sold CELL for a 5.44% gain.
Sold FNSR for a 5.07% gain.
Sold CIEN for a 4.91% gain.
Sold RAS for a 4.91% gain.
Sold SIRO for a 4.84% gain.
Sold TM for a 4.74% gain.
Sold MDVN for a 4.66% gain.
Sold URBN for a 4.46% gain.
Sold ZOLT for a 4.43% gain.
Sold DIS for a 4.14% gain.
Sold SCI for a 4.01% gain.
Sold EMC for a 3.97% gain.
Sold VITA for a 3.93% gain.
Sold SNCR for a 3.50% gain.
Sold HGR for a 3.42% gain.
Sold OPEN for a 3.39% gain.
Sold KNL for a 3.35% gain.
Sold MDVN for a 3.35% gain.
Sold SCI for a 3.32% gain.
Sold CDNS for a 3.00% gain.
Sold CDNS for a 2.79% gain.
Sold KSU for a 2.59% gain.
Sold OIS for a 2.52% gain.
Sold DVA for a 2.00% gain.
Sold TIBX for a 1.99% gain.
Sold TM for a 1.94% gain.
Sold XRT for a 1.90% gain.
Sold CDNS for a 1.84% gain.
Sold RAS for a 1.79% gain.
Sold NATI for a 1.04% gain.
Sold SMCI for a -0.33% loss.
Sold DEPO for a -0.71% loss.
Sold TRI for a -1.72% loss.
Sold HILL for a -3.25% loss.
Sold SINA for a -7.52% loss.
Sold OPXA for a -29.66% loss.

The following positions closed above their exit thresholds today, and are scheduled to be sold at the next closing bell:

KCI
BLC
KCI
BECN
BECN
SFLY
SKT
GT
BECN
SPG
UA
SFLY
WFMI
YUM
ARE
SFLY
BWA
BG
LNT
BWA
CHTR
JLL
WAL
WYNN

No new picks were generated tonight.

-The Power Dip Team

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