5 Winners – 2 Losers (33% Jump Zone). Interesting week… that started well – but ended with our 2 misses. Overall everyone made money if they followed the system.
Here is how it unfolded…
Jump 1
RAX + 7.1% First trade on Monday after market did an inital move down but not as big as we wanted. We went long right at market close and got our % and it popped. The next day after market opened it fell back significantly.
What we reported
What really happened
Jump 2
CREE 12.8% This was a typical drop and did as forecast. The surprise ending was the bounce back the next day – even though they missed their estimates. It was still a solid Jumper and unfortunately we did not trade this over the full 24 hour period as it was an easy one to extract max profit from.
What we reported
What really happened
Jump 3
FOSL 8.2% We grabbed the initial spike up within minutes of market close and were out of the trade in less than 15 minutes. This one could have easily been a 2 -trade set up, had we traded short at the top,
What we reported
What really happened
Jump 4
KSS + 11.3% Solid data and trade outcome.
What we reported
What really happened
Jump 5
AAP + 11.7% This was a fairly high priced stock – but it did well as we expected and we got the nice up move.
What we reported
What really happened
Jump 6
JCP -10.29% Bomb. We had it has an initial down and then up move. Stopped out at 5% on the pre-market spike up.
What we reported
What really happened
Jump 7
KING -15.0% Bomb. Stopped out when it failed to make the initial up move.
What we reported
What really happened
See you on the next Jump!