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Newsletter, Members Click HereNov 30th: Bulls and bears continued their struggle. For the bears there was higher volume churning in the Dow (at resistance), NASDAQ (at support), NASDAQ 100 (between support/resistance), and S&P (between support/resistance). Technicals suffered in the NASDAQ as its MACD trigger line breakdown strengthened - weakening the price action at the support channel line. For the bulls there was the shift in the relative strength relationship between the markets: Small caps > Tech averages > Large caps - the most bullish alignment for the indices. Also working in the bulls favor were the crosses above the 5-day EMA for the tech market internals: $BPCOMPQ and $NAA50. However, the former suffered from increasing bearishness in its supporting MACD trigger line as the indicator weakened, counter to the gains in the $BPCOMPQ. The latter bounced off the former resistance line from June-July which has acted as support in October and now twice in November. The $NASI continued its bearish form and looks well placed to drive lower. The $NASI looks to have shaped a bearish head-and-shoulder pattern with a short term target of -38; based on the rate of current losses this could see a 4-week period of weakness.

Target hit: none

Stop hit: none

Newsletter, Members Click HereNov 29th: Trader Mike made some nice observations on the bullish state of market internals such as the TICK, even though on the surface Wednesday's gains looked more like a relief bounce. The S&P, Russell 2000 and NASDAQ were able to push back inside their former rising channels, marking Tuesday's action as bear traps for these indices. The Dow fell shy of regaining channel support, but did register a bullish accumulation day - however, the net effect remains bearish for this index. The semiconductor index holds support at the 20-day MA, which lies a few points above the 200-day MA. The MACD 'sell' trigger is of concern, but bears won't be able to claim a victory until the 20-day, 50-day and 200-day MAs are decisively broken. Large caps [S&P] have started to edge gains against small caps [Russell 2000] in relative strength, but the relationship remains finely balanced (this is bearish). Tech market internals [$NASI, $NAA50 and $BPCOMPQ] were relatively unchanged from yesterday.

Target hit: none

Stop hit: BOH rose into its November 15th stop price for a 1% loss; an earlier October 24th Subscriber pick closed flat. MTCT featured as a Subscriber pick for September 18th and again for October 20th. The stock gapped below its latter stop price, but after Wednesday's substantial gain following the initiation of analyst coverage by Cowen and Co, it was able to rally back into the latter stop price for an 8% gain and an 7% loss respectively.

Newsletter, Members Click HereNov 28th: Bulls will have been pleased to have seen the volume of buying greater than that of Monday's selling. Unfortunately, the level of gains left some doubt as to the veracity of bullish intent. Support at the rising channels in the NASDAQ, NASDAQ 100 and Russell 2000 held, while the broken channels from the Dow and S&P remained broken.

Technically, there was the new addition of a MACD 'sell' trigger in the NASDAQ 100 and a bearish cross of the 5-day EMA in the tech market internal, $BPCOMPQ. This leaves all three tech market internals [$NASI, $NAA50 and $BPCOMPQ] in a bearish state.

Target hit: none

Stop hit: FCH hit its raised stop after a scrappy few months. The March 6th Subscriber pick and November 22nd Breakout pick closed for a 4% gain and a 5% loss respectively. KOF turned a positive pennant breakout into a bull trap; the stock featured for Subscribers on September 8th, October 13th and a potential swing trade for November 17th. The three plays closed for a 22% gain, 12% gain and a 1% loss. PRFT hit its stop price from its November 13th Subscriber feature. The earlier September 11th Subscriber feature closed for a 20% gain, the November play for a 4% loss. HELE dipped outside of its narrow consolidation after experiencing 4 days of declines. An outstanding play from way back in December 2004 closed for a 24% loss - the second largest closing play loss for Subscriber picks. The later November 16th play closed for a more manageable 5% loss. CSX gapped down to a new reaction low, breaking below the 50-day MA and knocking out the stop from the November 17th Subscriber play for a 4% loss; an earlier September 26th Subscriber play closed for a 16% gain. LQDT marked a false breakout; the November 14th Subscriber play closed for an 11% loss.

Newsletter, Members Click HereNov 27th: Hardly a surprise to see the markets get hit after weeks of mini-gains. The degree of losses were a little startling but given this was the first day after the holiday it is a little early to say if today's actions sets the tone for the rest of the year.

The NASDAQ was hit with a 'sell' trigger in the MACD; confirming a new bearish divergence in this indicator, but is still able to hold the June-July bullish divergence (at least for now). In addition, the 2.2% loss on the day failed to break the bullish rising channel or the 20-day MA. There is a good chance of seeing support buying over the next few days. The NASDAQ 100 was a little stronger in that there was no MACD 'sell' trigger and at least for now no bearish divergence in this indicator. The semiconductor index fared the best (but was by far the weakest of the tech indices) as it maintained its break of the 200-day MA while holding reasonable technical strength. The Dow and S&P were less fortunate as each generated a 'sell' in their MACD trigger lines and sliced through their respective 20-day MAs, plus neither have MACD bullish divergence support to look forward too. In addition, the 5-month price channel of each index was breached to the downside. Large cap indices [Dow and S&P] look ugly if you are a bull.

The Russell 2000 suffered its own tough day, but roughed it enough to find support at its rising channel line and the 20-day MA. Technicals reversed to 'sell' triggers for the MACD, +DI/-DI and CCI - a greater level of technical damage than seen in other indices.

The tech market internals [$NASI, $NAA50 and $BPCOMPQ] were interesting in that there was little change in the $BPCOMPQ, but the $NAA50 played to an ever strengthening bearish picture (as led by the large bearish divergence in the MACD). There should be opportunities to bail individual stocks in the weeks ahead as the indicator suffers a plenty from whipsaw and is well placed to bounce after Monday's losses - but these opportunities should not be ignored (even if I have been harping a bearish stance since September 23rd). The 'calmer' $NASI was singing a similar tune as it gave a 'sell' trigger in its 5-day EMA, to butter up a larger 3-month bearish divergence in the MACD trigger line. Bulls will find cold comfort in this internals. Finally, volatility was singing the tune of a bounce off a declining wedge - a rise in fear looks on the cards and likely further downside.

Target hit:

Stop hit: LEA featured as a Subscriber pick for April 19th and again for October 9th. It also featured as a Breakout for October 20th and November 13th. The two Subscriber plays closed for a 67% gain and a 35% gain respectively, while the two Breakouts closed for a 7% gain and a 5% loss. PSMT took it on the chin as it crashed through its 50-day MA to hit the November 16th Breakout stop price; the stock originally featured as a breakout for September 22nd. The latter play closed for a 15% gain, the former a 4% loss. USB failed to build on a breakout as it reversed through its 50-day MA. The stock first featured for Subscribers for March 16th, closing for an 8% gain (less dividends). It also featured as a Breakout for May 1st, September 15th, and November 17th - each play closing for a 6% gain, breakeven, and a 1% loss respectively. WMI featured twice for Subscribers; the first for September 12th and the second time for November 7th. After closing below its 50-day MA, the former play closed for an 11% gain, while the latter finished for a 1% loss. CYBS featured as a Subscriber pick for March 7th and again for September 14th; the stock drifted through its 200-day MA and into its raised stop to close the two positions for a 13% gain and a 13% loss.

Newsletter, Members Click HereNov 22nd: No real change. Volume dropped (unsurprising giving the week), although the semiconductor index gave back the some of yesterdays gains, bringing its performance back in line with the other indices. Of tech market internals; the $NAA50 triggered a sell in its 5-day EMA as it reformed its prior bearish divergence with respect to its parent NASDAQ (I have redrawn the divergence) with the supporting bearish divergence in the MACD and ultimate oscillator holding. The only other change came in the MACD 'buy' trigger in the $NASI - but there is still some way to go before it challenges its bearish divergence. Keep watching.

Target hit: SOFO featured as a Subscriber pick for October 11th and a Breakout for November 10th; the former play closed for a 64% gain and the latter a 32% gain as its price target was comfortably reached. GROW featured as a Subscriber pick for November 10th and rallied powerfully into its target price for a 38% gain.

Stop hit: GPM pushed down into its November 15th stop. The stock also featured for May 25th and October 20th. The three plays closed for a 21% gain, 4% gain and a 2% loss. SVA was a Subscriber pick for November 16th and a Breakout for September 28th; the former closed for a 5% loss, the latter a 4% gain after the stock broke its 50-day MA.

Newsletter, Members Click HereNov 19th: Late afternoon selling hit large cap indices [Dow and S&P] but the net damage was negligible. Tech averages [NASDAQ and NASDAQ 100] evaded the assault and the semiconductor index even went as far as to log an impressive 1.75% gain. The timing of the sell off was a little ominous (after lunch when the "Big Boys" return to the market) but it was not the kind of day to give Bears something to cheer. I don't expect the rest of the shortened week to be any different. Next Tuesday should see a return of the volume and maybe an inkling as what this rally will do (as we approach seasonal strength). The only other point of note was in the tech market internal, $NASI; it could shape a double top given the bearish divergence of its MACD is still dominant. It will take a bearish cross of the 5-day EMA and a loss of 215 to confirm this pattern and that is still a few days away at minimum.

My folks are in town for the week so unless there is a big change on the market I will be post-lite until the middle of next week.

Target hit: none

Stop hit: IFN featured to Subscribers for August 8th and as a Breakout for November 14th. The former play closed for a 23% gain and the latter a 3% loss.

Newsletter, Members Click HereNov 18th: More of the same as the rallies kept pushing along. Volume climbed to register an accumulation day in large cap indices the Dow, but not the S&P (or other indices) . Small caps [Russell 2000] managed a positive test of 783 support; but lost out against tech averages [NASDAQ and NASDAQ 100] in terms of relative strength - pushing a more neutral alignment of markets {Tech averages > Small caps > Large caps}. On the flip side, the semiconductor index was able to cling on to its break of the 200-day MA as its supporting technicals continue to improve.

Tech market internals [$NASI, $NAA50 and $BPCOMPQ] were mixed with gains in the $BPCOMPQ and $NASI, but a small loss in the $NAA50. However, there was no bearish cross of the 5-day EMA in the $NAA50. It is important to note that bearish divergences in supporting technical indicators remain for these market internals. Also, volatility held bullish wedge support for a fourth day in a row (this is likely bearish for the market with a move to 23, from 15.33, to coincide with a drop in the markets).

To repeat a mantra of recent weeks, I remain bearish for the Ticker Sense Blogger Sentiment Poll.

Target hit: none

Stop hit: SIM hit its raised stop from November 14th. The stock featured as a Breakout for September 6th, October 10th, October 25th and November 14th. Each play closed for a 28% gain, 17% gain, 1% gain and an 8% loss respectively.

Newsletter, Members Click HereNov 16th: The charts of Richard Lehman [a public lister on Stockcharts.com; "Trend Channel Magic"] are always a thing of simplicity. He has a number of interesting charts showing large caps [Dow and S&P] and small caps [Russell 2000] resting against channel resistance - in the case of the Dow and NASDAQ, it is 3-year resistance. But he has an additional chart which shows the S&P beyond 3-year channel resistance and it is not outside the realms of possibility for the Dow and NASDAQ to do likewise. His work is well worth checking out because he uses nothing else but just channel lines - a welcome break from technical indicators and moving averages. The flip side, should channel resistance hold, is a decent short-side opportunity down to channel support - none of which would negate the net bullish trend, unless such support was lost (so bulls and bears can both come out winners). For the record, he has Dow support at 10,750 and rising slowly; 3-year channel support for the NASDAQ sits at 1,940; and 3-year support for the S&P lies at 1,215.

Other than these charts there was little to add on the days action. There were MACD trigger 'buy' signals for large caps [Dow and S&P] and their supporting technical indicators are improving in strength. Across the board, volume eased in the run up to Friday's option expiration, weakening the relevance of Thursday's minimal changes. Tech market internals [$NASI, $NAA50 and $BPCOMPQ] added another few points; based on the difference between current closing levels and a price point for tops, divided by Thursday's change puts a top in $BPCOMPQ at around 28 trading days; the $NAA50 70 days from a top; and the $NASI only 14 trading days from a top; as these time periods get closer it will help determine a more accurate point in time when the actual top will be in place.

Newsletter, Members Click HereNov 15th: More of the same from the markets as all gained for a third day in a row (with the exception of the S&P) on higher volume (= bullish accumulation). The key change on the day was the re-assertion of leadership from small caps [Russell 2000]; setting up the most bullish alignment for markets {Small caps > Tech averages > Large caps}. Action in the large caps [Dow and S&P] was a little disappointing given the fuss these averages have attracted over the last couple of months. Tech market internals [$NASI, $NAA50 and $BPCOMPQ] all gained, but changed their technical picture little. Finally, volatility remained at support and should be watched closely for further change.

Target hit: GNPI featured to Subscribers for October 17th and hit its target price for a 33% gain.

Stop hit: KMA dropped below near term support to hit its stop price. The stock featured to Subscribers for August 14th and November 13th, and as a Breakout for October 30th; the former Subscriber plays closed for a 22% gain and a 2% loss; the latter Breakout play closed for a 7% gain.

Newsletter, Members Click HereNov 14th: Not wanting to be left out of the tech breakout party, it was finally left to large caps [Dow and S&P], small caps [Russell 2000] and even the semiconductor index to make significant moves of their own. The move in the semiconductor index was perhaps the most interesting as its push above the 200-day MA (although still well off its highs) should help keep tech averages [NASDAQ and NASDAQ 100] motoring along. The Russell 2000 was finally able to break its May highs - ensuring the speculative money is still out there chasing stocks. Meanwhile, large caps [Dow and S&P] have long since left May highs behind, so for them Tuesday's move was simply a new reaction high.

Technically, the semiconductor index enjoyed a sharp upswing in its supporting technicals; an increase in bullish trend strength (+DI); out-performance relative to the NASDAQ 100; overbought CCI; and additional upside in the MACD trigger line. Other indices saw continued improvement (most notably in accumulation trends for on-balance-volume), but there were no particular, or unique, change in supporting technicals following the days action (nor reversals in bearish developments e.g. negative divergences in MACDs of Dow, NASDAQ, NASDAQ 100, Russell 2000 and S&P all hold true).

Supporting tech market internals [$NASI, $NAA50 and $BPCOMPQ] saw some changes too. Biggest was the break of the bearish divergence in the $NAA50; accompanied by a MACD trigger 'buy' and a return above the bullish mid-line for slow stochastics. Also primed for something big is volatility; it can go one of two ways - either it is right on bullish wedge support and will rally strongly to send markets into a tiz; or it is about to collapse in a move which likely be accompanied by sharp gains in the markets. Not much help, I know - but something has to give.

Target hit: none

Stop hit: TCX featured way back in 2004 and again for October 27th as a Breakout play; the former closed for an 18% gain, the latter a 7% loss.

Newsletter, Members Click HereNov 13th: Tech averages [NASDAQ and NASDAQ 100] had their day as both indices broke to new closing highs, the NASDAQ doing so on net accumulation (but below average volume). Other indices gained in sympathy, but were unable to finish with new closing highs of their own. Unfortunately, gains in the semiconductor index were insufficient to push it over its 200-day MA - a firm resistance level, but the index was able to break its MACD bearish divergence.

 

There was a marked improvement in tech market internals [$NASI, $NAA50 and $BPCOMPQ]. The $NASI followed the $BPCOMPQ and $NAA50 by closing above its 5-day EMA; a bullish alignment for these indicators. As for top watching; the $NASI has some 270 points to run to a top (~1 month); the $BPCOMPQ a healthy 14 points (~2 1/2 month); while the $NAA50 has 400 points (~2 month) - given these time frames the final top could be another 2 to 2 1/2 months away (an early Santa rally????). But these potential time frame targets shouldn't distract from the various bearish divergences in supporting technicals of the tech market internals [$NASI, $NAA50 and $BPCOMPQ] - none of which look likely to go away anytime soon.

Target hit: none

Stop hit: none

Newsletter, Members Click HereNov 11th: I have just completed my review of the opinion of the public Stockcharters (available every weekend) and I was surprised by the general net bullishness of the comments. Mitchell Meana's charts were particularly interesting given he uses simply illustrated Elliot Wave counts (something I can never get right); his opinion favors another leg of the rally - whereas I am sticking to my more bearish tone (it is important to look at all sides of the argument). Even if this final leg was to come to fruition, one would still need to be cautious on adding new positions, but existing ones may enjoy another profit surge.

The indices closed the holiday Friday on light volume (no surprise) with no real change as the battle to beat resistance continues. The areas to watch remain the bullish divergence of the NASDAQ MACD; the indicator is currently running along this support line (the NASDAQ 100 MACD is well above its bullish divergence). The increasing divergence between large caps [as measured by the Dow] and tech [as measured by the NASDAQ 100] - which in the current state, is bullish for the market. Rising channel support in the Russell 2000 as it fights 770 resistance (the index is tightening into the apex of these support/resistance levels). The 200-day MA resistance in the semiconductor index - still much work to do here before it gets anywhere close to matching the strength of parent tech averages [NASDAQ and NASDAQ 100].

Tech market internals [$NASI, $NAA50 and $BPCOMPQ] showed some improvement as the $BPCOMPQ finished the week at new reaction highs with a return to overbought levels in its ultimate oscillator - the flip side was the confirmed break of the June-July bullish divergence in its MACD. The $NAA50 regained its 5-day EMA, but I would look for a break of the bearish divergence running from early October before I would consider this out of the woods and back on the bullish track; it too gave up it May-June MACD bullish divergence (and is heavily influenced by is Sep-Oct bearish divergence). The $NASI was little changed, but the Sep-Oct bearish divergence in its MACD is the primary concern for bulls. Finally, volatility lost support with the second of two big losses; 16 support is no more - prepare for sympathetic upward breaks of resistance in tech averages (with other indices to follow suit soon afterwards) - this will be false dawn given how deeply oversold volatility is.

As per last week, I am holding to my bearish sentiment in the Ticker Sense Blogger Sentiment Poll (bearish since September 23rd); based on this poll I have been wrong for the third week in a row :(. But I hope I have made clear why I am bearish on the markers in the foreseeable future.

Target hit: none

Stop hit: OMCL clipped its stop at the very intraday low of Friday. The October 23rd Subscriber play closed for a 9% loss. VAS closed Friday on a bullish hammer, but it its raised stop in the process. The November 8th play closed for a 5% loss, the August 10th play closed for a 1% gain.

Newsletter, Members Click HereNov 9th: Bears popped their head over the turret as a positive CSCO figure was unable to stem the tide of selling which swept the markets. In terms of technical damage little was done other than to bring tech breakouts [NASDAQ and NASDAQ 100] back to support and set up potential double tops in large caps [Dow and S&P]. The Russell 2000 was left stalling at support, while the semiconductor index reversed off its 200-day MA; a now stiff resistance level.

The selling strengthened across the board bearish divergences in the MACDs, not to mention the already strong MACD bearish divergences in the tech market internals [$NASI and $NAA50]. The $NAA50 (again) crossed below its 5-day EMA, making its bearish divergence relative to the tech markets [NASDAQ and NASDAQ 100] advances, alarming. When fewer stocks partake in a rally it is a surefire recipe for failure.

Bulls have been very resilient but a downside move can't be long in the offing.

Target hit: none

Stop hit: ADAM dropped like a stone after it collapsed on earnings. The stock featured for February 9th and October 11th; the former closed for a 31% loss (after gapping below the initial stop) and the latter a 11% loss. ITB struggled as it broke below its 50-day MA. The September 27th Breakout closed for an 8% loss.

Newsletter, Members Click HereNov 8th: Markets held off on selling the results of the election and were able to push high enough to trigger breakouts in Tech markets [NASDAQ and NASDAQ 100]. Volume climbed across the board, registering the third accumulation day in a row for many markets. Volatility took a big step down - a sign that complacency is still a problem in the market place, another surge in this indicator could see a repeat of the May breakdown in the markets.

 

Large caps [Dow and S&P] gained on higher volume, but were unable to follow the lead of the NASDAQ and NASDAQ 100 by finishing the day with resistance breakouts. Small caps [Russell 2000] pushed decent gains but still have room for improvement. Tech market internals [$NASI, $NAA50 and $BPCOMPQ] did not significantly change.

Target hit: none

Stop hit: ABX featured to Subscribers for October 18th but after a period of sideways trading it closed below its 200-day MA. The stock closed for a 3% loss.

Newsletter, Members Click HereNov 7th: It looked likely one was to see new closing highs for the markets, but afternoon trading kept the party pieces under wraps. There was some technical repair; on-balance-volume of the Dow was back above the bullish mid-line; the MACD of the NASDAQ looks set to bounce off support of its June-July bullish divergence; there was a MACD trigger 'buy' in the semiconductor index after a second day of solid gains, resistance at the 200-day MA awaits, the index was also able to gain relative to the NASDAQ 100 - a good sign for bulls. Tech market internals [$NASI, $NAA50 and $BPCOMPQ] saw a little improvement with a bullish cross of the 5-day EMA by the $BPCOMPQ. Overall, the tech market internals have not reached overbought levels typical of bull markets - this could give the markets a final push to their stops

Given Democrats have control of the House, bruised Republicans can take heart the result should be good for their stock portfolios over the long term. It will be interesting to see how the market reacts to the news; will it sell the news?

Markets have been kind to bulls with a decent stretch of a rally since the bottom in June. Although I have been touting a bearish point of view to cover the next 3-4 months (I am a month into that observation and the market has turned yet!), cyclical bulls can take heart from the new 52-week highs, stalling the start a new cyclical bear sequence (within a secular bear market), only the Russell 2000 remains vulnerable to this outlook. Selling into strength is the strategy to employ, new positions in this market enviornment are a more risky proposition.

As for individual stock holds - look to trail your stop; give stocks room to move upside, but protect profits (particularly for positions taken in the June-September stretch); for some it will be breakeven at minimum, but I really like whatever low the stock made in last week's dip and place your stop 1% away from that - this should see a 20-25% profit on many positions (don't worry if its not - a new long side opportunity will present itself over the next 6-9 months).

Target hit: none

Stop hit: XIDE clipped its stop at the lows. The stock featured to Subscribers for September 22nd and as a Breakout for October 17th; the former closed flat, the latter for a 3% loss. IGT reversed its breakout to close the April 21st Subscriber pick for a 9% gain and the November 6th play for a 4% loss.

Nov 6th: Monday's gains helped relieve the series of losses markets have experienced over the last few days, but don't expect the big action to hit the markets until the election results are known. The relative lack of volume means the gains can only be considered weakly bullish (although Monday's trading did rank as a technical 'accumulation' day in all indices bar the S&P). There were bigger changes in supporting tech market internals [$NASI, $NAA50 and $BPCOMPQ]; breaks in the 5-day EMAs of the $NASI and $BPCOMPQ - aided by a bearish divergence in the $NAA50 (fewer stocks now support the rally); the break of the June-July bullish divergences of the ultimate oscillator of all three internals; similarly, strengthening of the bearish divergence in the MACDs, although a divergence has yet to develop in the $BPCOMPQ it has triggered a 'sell' signal. The $NAA50 attempted a bullish cross of its 5-day EMA, but the indicator is shaping a significant bearish divergence relative to its parent tech indices [NASDAQ and NASDAQ 100].

The earlier break of the rising channels in the tech [NASDAQ and NASDAQ 100] may turn out to be a 'bear' trap - but it will take a break of October highs to confirm. Large caps [Dow and S&P] bounced off channel support while small caps [Russell 2000] redefined channel support. Breaks of June-July bullish divergence of the MACDs were observed in the Dow and Russell 2000. While the Dow lost strength against the NASDAQ 100; the NASDAQ 100 and NASDAQ gained against small caps [Russell 2000]; and the S&P weakened against small caps [Russell 2000] - placing Tech as the leading market averages [Tech indices > Small caps > Large caps].

I am still bearish for the Ticker Sense Blogger Sentiment Poll (since September 23rd).

Target hit: none

Stop hit: Just a snap shot of exited positions for the last few days. ANST featured for August 28th and October 6th; the positions closed flat and for a 9% loss. CMRG featured as a breakout for March 17th, July 25th, and October 13th; the plays closed for a 41% gain, 25% gain and a 1% gain. COGN closed for a 2% gain and for a 2% loss on the September 25th and October 11th features. JSDA featured as a Breakout for October 19th and as a Subscriber pick for July 14th; the former closed for a 6% loss, the latter a 15% gain. KNOT also hit its raised stop; the September 26th Breakout play closed for a 1% gain. TYL dropped sharply after pushing a breakout as it hit its raised stop price; the August breakout closed for a 11% gain; the October breakout closed for a 7% loss - the earlier July Subscriber pick closed for a 15% gain and a later October feature for a flat gain. LG clipped its stop to close the Oct 31st play for a 3% loss. ADM crashed through its stop after a promising start; the October 16th Subscriber pick closed for a 3% loss. WMT fared little better, a series of gap downs took this October 24th Subscriber pick out for a 5% loss. BIDU failed to get out of the gates, the October 31st play closed for a 12% loss. BLK reversed its consolidation breakout; the October 31st play also closed for a 7% loss. CCBL featured for October 3rd and October 27th for Subscribers; the former closed for a 2% gain, the latter an 8% loss. DSCM hit its stop after reversing a late October breakout; the September 11th play closed for a 3% gain while the October feature closed for an 8% loss. GG was a longstanding play which gapped below its stop price, but managed to rally back into its stop price for a 4% loss. SLV suffered the same fate; it featured on June 19th and September 1st for Subscribers, and on August 2nd as a free Breakout play. The latter play closed for a 4% gain. The former plays closed for a 19% gain and a 5% loss. XPRSA had the misfortune to fall 89 cents shy of its price target; instead it reversed all the way back to its entry price and then some, to hit its original September 12th stop price for an 8% loss. WXH crashed through its stop as the 50-day MA rapidly gave way. The May 10th play closed for a 6% gain, the September 15th play for a 5% loss.

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