If you are interested in a system which covers only a handful of stocks, charges only for profitable months, delivers trades via email or mobile phone in real time and is verified by a third party - then my
actively managed portfolio is the system for you. System subscribers will have the option of receiving my newsletter at no additional cost.
General notice on Breakout stocks: I will be restricting my free picks to those previously provided to my Subscribers first. My blog
will become my primary source of free stock picks. Subscribers to my newsletter (subscribe by filling out a payment scheme in the right-hand blue box) will receive regular stock picks at least four times a week via the newsletter. Subscribers to my trading porftolio will receive real-time trade signals. In addition, subscribers to my Collective2 portfolio will have the option to receive the newsletter at no additional cost. The monthly subscription for the Collective2 portfolio is $19.95, charged during profitable months only.
Breakouts
for June 1st : The first pick, FII, most recently featured as a breakout for April 4th, but this is the fifth time the stock has featured as one of my picks. The latest action follows a break of 6-week declining resistance, but yet contained under larger resistance of $39.11; a break of the latter should see an additional surge in buying interest as this would clear an 16-month base (see a weekly chart) - making the last 6 weeks of trading the 'handle' is this broad 'cup-and-handle' pattern. The projected target for this pattern is up around $48 which was my most recent price target. The point-n-figure chart shows a double top breakout from April 17th with a target of $45. Technicals are reasonably bullish; the MACD trigger 'buy' is a solid confirmation signal for the breakout, but on-balance-volume is a little flat for a pending long term breakout. A chance for the early adopters? The second pick, REP, is working through a 6-month cup-and-handle pattern which has seen some nice accumulation since its correction back to the low $30s. A push to $37 would be enough for a double top breakout on the point-n-figure chart with solid prospects for a move to $59. Technicals are nicely positioned, although one still awaits confirmation breakouts in the MACD trigger line and on-balance-volume. Trend strength has, however, swung back in favor of the bulls [+DI > -DI; ADX > 20]. The stock featured for Subscribers for March 15th and was again a free pick for May 14th. The third pick, LECO, was a Subscriber pick for April 27th. The stock spent the past 4-weeks consolidating around $68-70 before edging a mini-breakout on Thursday's close. The stock gained on higher volume, enough to generate a fresh upside price target and a breakout in on-balance-volume. Remaining technicals are modestly bullish with the MACD trigger on a 'sell' which should revert back to a 'buy' if Thursday's breakout can hold. The stock was upgraded on April 30th by Barrington Research. May 23rd saw an ascending triple top breakout on the point-n-figure chart with an upside target of $81.
The information found on the Fallond
Stock Picks Inc. website (www.fallondpicks.com) has been prepared
without regard to any particular investor's investment objectives,
financial situation, and needs. Accordingly, investors should
not act on any information in this site without obtaining specific
advice from their financial advisors and should not rely on information
herein as the primary basis for their investment decisions. Information
contained herein is based on data obtained from recognized statistical
services, issuer reports or communications, or other sources,
believed to be reliable. However, such information has not been
verified by Fallond Stock Picks Inc. or any of its employees,
Fallond Stock Picks Inc. makes no representations or warranties
or takes any responsibility as to the accuracy of completeness
of any recommendation or information contained herein. Fallond
Stock Picks Inc. accepts no liability to the recipient whatsoever
whether in contract, in tort, for negligence, or otherwise for
any direct or consequential loss of any kind arising out of the
use of the information provided on this website, or of the recipient
relying on any such recommendation or information (except insofar
as any statutory liability cannot be excluded). Any statements
nonfactual in nature constitute only current opinions, which
are subject to change without notice. Fallond Stock Picks Inc.,
or their respective affiliates or their officers, directors,
analysts, or employees may have positions in securities referred
to herein. Neither the information nor any opinion expressed
shall constitute an offer to sell or a solicitation or an offer
to buy any securities mentioned herein. This document does not
purport to be a complete description of the securities market
or developments to which reference is made. There may be instances
when fundamental, technical, and quantitative opinions may not
be in concert. There are risks inherent in all investments, which
may make such investments unsuitable for certain persons. These
include, for example, economic, political, currency exchange,
rate fluctuations, and limited availability of information on
international securities. Fallond Stock Picks Inc. and their
affiliates make no representation that the companies which issue
securities which are the subject of their research reports are
subject to, or in compliance with certain informational reporting
requirements imposed by the Securities Exchange act of 1934.
Sales of securities or services covered in any report or on the
web site may be made in only those jurisdictions where such securities
or services and Fallond Stock Picks Inc. are qualified for solicitation.
Fallond Stock Picks Inc. does not warrant, represent or endorse
the accuracy or reliability of any of the information, content,
advertisements, or Third Party Sites and Content (as defined
below) (collectively, the "Materials") contained on,
distributed through, or linked, downloaded or accessed from Fallondpicks.com,
nor the quality of any products, information, or other materials
displayed, purchased, or obtained by you as a result of an advertisement
or any other information or offer on or in connection with Fallond
Stock Picks Inc. You acknowledge that any use of or reliance
upon any Materials shall be at your sole risk. Fallond Stock
Picks Inc. reserves the right, in its sole discretion and without
any obligation, to make modifications to any portion of the Fallondpicks.com
web site or publications at any time. You acknowledge and agree
that you bear responsibility for your own investment research
and investment decisions, and that Fallond Stock Picks Inc. shall
not be held liable by you or any others for any decision made
or action taken by you or others based upon reliance on or use
of information or materials obtained or accessed through use
of Fallondpicks.com. Prior to any transaction in securities,
you should consult with a qualified professional securities or
financial advisor.