Stocks recently sold: AEYE, AVPT, BCRX, BJ, CCI, CLB, CLFD, DSGN, PCT, LUMN, TASK, TSEM, TT If you followed the stock model updates on LUMN, you got the opportunity to pocket a 169% return (buy price was 2.02. The stock did sell at the trigger price of 5.44 on Thursday 8/8. Ironically, this stock could feature another buy trigger soon. Sell Now Triggers: CCI, VRSK My apologies on CCI, it appeared a new break-out was going to keep going, however, it appears the stock price pattern fell back into a 6-month to 12-month horizontal pattern, which is a sell signal on the Ludicrous technical analysis stock model VRSK triggered a sell. This is a sell trigger on my model that I missed last weekend, as the sell trigger occurred after market close on 8/1, when the 10D flashed a decline at an angle that is less than 25 degrees from the vertical. Stock Model Recent Buy Triggers: There were no new buy triggers this past week after Monday’s buys. New Buy Now Triggers: DASH, DOCS, UPST Close to Buy Triggers: AMRC, CAG, CALX, CHPT, ERII, EVGO, EXAS, EXPI, FLGT, FMC, GDYN, HLIO, HSY, ILMN, INSP, JD, LCID, MKTX, MRCY, MRVI, MTCH, NEOG, NOVA, NVCR, NVDA, OPRA, PCT, PGY, S, SG, TSEM, VECO, VFC, VICR, XEL My Current Holdings Updated stop sell orders calculated from technical analysis model output. Quantity of current Holdings: 24 (Stock Model Portfolio 32% Equity before new transactions) Less: New Sells -2 Plus: New Buys +4 New Stock Quantity 23 Market Timing Model Status Update Status is dark blue on the Ludicrous Market Timing Model. For individual stocks, this status enables a cautious buy. However, for equity index fund accounts that are in cash, the recommendation is to stay in cash. The market still has not met buy-back requirements for buying back into equity index. Because the 10D declined more than 4% from a peak to the day after red zone ended, there is more things the index needs to do to meet buy back requirements. The 10D peak prior to the 8/5 red zone start was 5597.45. 8/7 was the last day of the red zone, where the 10-Day moving average line was declining at an angle less than 30 degrees from a vertical line drawn. The day after the red zone, 8/8, had a 10D average of 5361.98, featuring a 4.2% decline from peak. At this point, the requirement for buy back is the following: 1) 10D must feature an incline of at least 0.2% 2) 10D Market price close must exceed 10D at close by at least 2.5% on any particular day 3) After requirement #2 is met, if the market price forms either a 2-3 month horizontal pattern, a 5-7 month horizontal pattern, or a 4% market price decline where price drop is less than 10% from vertical, then buy requirement is market price close of meeting #2 + 5%. If not, buy back into equity index can proceed after meeting requirement #2. Happy Investing, Ludicrous Returns
13 AUG 2024 Ludicrous Returns Stock Model Update 6 new buy triggers as of today: CWEN, INGN, XEL, COMM, VRNS, VRNA Stop sell orders of new buys from Monday: DASH (111.76), DOCS (32.51), UPST (29.76)
