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It was quite a day in the market with the S&P up 3.29%. Of course the gap at the open accounted for much of the rise.

Our real-time scanners started off with very few picks in the first hour. This is because most stocks moved lower off the open and the candles were red early. The picks started streaming in about 30 minutes after the open, when the candles turned green. From then on the lists kept appending more and more stocks and as the market soared up to close at the high, it pretty much took everything with it. If you were fortunate enough to be in today’ session, you did well.

 

Here’s a few of the picks and note the price shown is the Pick Price and the Percent is the change from the Pick Price at today’s close.

 

 

 

Here are a few Trade Plans from yesterday.

 

UCO hit Target 3 today.

 

PPO hit Target 2.

 

NTRI hit Target 2.

 

It’s interesting that we average 10 trade plans a month over the last 16 months, however this May we only had 2 trades up until yesterday. The prior trade was 13 days ago, then all of a sudden the system generated 3 for the same day.

With the Monthly market close occurring tomorrow, it looks like our long-term market timing system will not hit the sell and we will be in for June. Conservative portfolios might want to still adhere to the stop we have, based on the weekly close.

Tomorrow is the last trading day in May and ahead of a  Holiday weekend. Should be exciting.

 

Join us live in the Research Lab as we watch the opening bell and mark up the charts.

 

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