TQQQ (correction continues)

The TQQQ continues its correction; today it gapped down. System has 5.93% invested with a risk of 0%.

Disclosure

This is for information purposes only as I am not a securities broker-dealer or an investment adviser. No information herein is intended as securities brokerage, investment, tax, accounting or legal advice, as an offer or solicitation of an offer to sell or buy, or as an endorsement, recommendation or sponsorship of any company, security or fund. I cannot and do not assess, verify or guarantee the adequacy, accuracy or completeness of any information, the suitability or profitability of any particular investment, or the potential value of any investment or informational source. The reader bears responsibility for his/her own investment research and decisions, should seek the advice of a qualified securities professional before making any investment, and investigate and fully understand any and all risks before investing. I in no way warrant the solvency, financial condition, or investment advisability of any of the securities mentioned in communications or websites. In addition, I accept no liability whatsoever for any direct or consequential loss arising from any use of this information. This information is not intended to be used as the sole basis of any investment decision, nor should it be construed as advice designed to meet the investment needs of any particular investor. Past performance is not necessarily indicative of future returns.

Portfolio Update

System has two stocks left in its portfolio and both have at least 15% gains: PCTY and VRRM.

VRRM has retreated back to its last base,

PCTY has also acted quiet well this past week. Waiting for another base to form in order to add shares. I expect it to come back to its last base if the correction, continues. So far it is been going up since its last base.

Disclosure

This is for information purposes only as I am not a securities broker-dealer or an investment adviser. No information herein is intended as securities brokerage, investment, tax, accounting or legal advice, as an offer or solicitation of an offer to sell or buy, or as an endorsement, recommendation or sponsorship of any company, security or fund. I cannot and do not assess, verify or guarantee the adequacy, accuracy or completeness of any information, the suitability or profitability of any particular investment, or the potential value of any investment or informational source. The reader bears responsibility for his/her own investment research and decisions, should seek the advice of a qualified securities professional before making any investment, and investigate and fully understand any and all risks before investing. I in no way warrant the solvency, financial condition, or investment advisability of any of the securities mentioned in communications or websites. In addition, I accept no liability whatsoever for any direct or consequential loss arising from any use of this information. This information is not intended to be used as the sole basis of any investment decision, nor should it be construed as advice designed to meet the investment needs of any particular investor. Past performance is not necessarily indicative of future returns.

TQQQ (correction)

TQQQ closed below the bar from last Wednesday. Market is in a correction. System will be waiting for a bottom signal.

Disclosure

This is for information purposes only as I am not a securities broker-dealer or an investment adviser. No information herein is intended as securities brokerage, investment, tax, accounting or legal advice, as an offer or solicitation of an offer to sell or buy, or as an endorsement, recommendation or sponsorship of any company, security or fund. I cannot and do not assess, verify or guarantee the adequacy, accuracy or completeness of any information, the suitability or profitability of any particular investment, or the potential value of any investment or informational source. The reader bears responsibility for his/her own investment research and decisions, should seek the advice of a qualified securities professional before making any investment, and investigate and fully understand any and all risks before investing. I in no way warrant the solvency, financial condition, or investment advisability of any of the securities mentioned in communications or websites. In addition, I accept no liability whatsoever for any direct or consequential loss arising from any use of this information. This information is not intended to be used as the sole basis of any investment decision, nor should it be construed as advice designed to meet the investment needs of any particular investor. Past performance is not necessarily indicative of future returns.

TQQQ (reversal?)

If TQQQ closes below the bar from May 15, we can confirm that the correction will continue. For now, no more buying or adding onto existing positions.

Disclosure

This is for information purposes only as I am not a securities broker-dealer or an investment adviser. No information herein is intended as securities brokerage, investment, tax, accounting or legal advice, as an offer or solicitation of an offer to sell or buy, or as an endorsement, recommendation or sponsorship of any company, security or fund. I cannot and do not assess, verify or guarantee the adequacy, accuracy or completeness of any information, the suitability or profitability of any particular investment, or the potential value of any investment or informational source. The reader bears responsibility for his/her own investment research and decisions, should seek the advice of a qualified securities professional before making any investment, and investigate and fully understand any and all risks before investing. I in no way warrant the solvency, financial condition, or investment advisability of any of the securities mentioned in communications or websites. In addition, I accept no liability whatsoever for any direct or consequential loss arising from any use of this information. This information is not intended to be used as the sole basis of any investment decision, nor should it be construed as advice designed to meet the investment needs of any particular investor. Past performance is not necessarily indicative of future returns.

TQQQ (buy signal)

We had a BUY signal on the TQQQ yesterday. If it breaks below the low from $55.39 (Wednesday's prices), we don't buy or add to existing positions.

Disclosure

This is for information purposes only as I am not a securities broker-dealer or an investment adviser. No information herein is intended as securities brokerage, investment, tax, accounting or legal advice, as an offer or solicitation of an offer to sell or buy, or as an endorsement, recommendation or sponsorship of any company, security or fund. I cannot and do not assess, verify or guarantee the adequacy, accuracy or completeness of any information, the suitability or profitability of any particular investment, or the potential value of any investment or informational source. The reader bears responsibility for his/her own investment research and decisions, should seek the advice of a qualified securities professional before making any investment, and investigate and fully understand any and all risks before investing. I in no way warrant the solvency, financial condition, or investment advisability of any of the securities mentioned in communications or websites. In addition, I accept no liability whatsoever for any direct or consequential loss arising from any use of this information. This information is not intended to be used as the sole basis of any investment decision, nor should it be construed as advice designed to meet the investment needs of any particular investor. Past performance is not necessarily indicative of future returns.

TQQQ (waiting for a bottom)

So, we had a major correction starting from the latest top on APR-25. I believe the correction was 19%. We now start the count for a meaningful bounce. Starting tomorrow (day 3 since the bottom) and ending on MAY-29 the system will monitor the TQQQ for a signal like the one it received on JAN-02 after the last correction in DEC-2018. See below...

Disclosure

This is for information purposes only as I am not a securities broker-dealer or an investment adviser. No information herein is intended as securities brokerage, investment, tax, accounting or legal advice, as an offer or solicitation of an offer to sell or buy, or as an endorsement, recommendation or sponsorship of any company, security or fund. I cannot and do not assess, verify or guarantee the adequacy, accuracy or completeness of any information, the suitability or profitability of any particular investment, or the potential value of any investment or informational source. The reader bears responsibility for his/her own investment research and decisions, should seek the advice of a qualified securities professional before making any investment, and investigate and fully understand any and all risks before investing. I in no way warrant the solvency, financial condition, or investment advisability of any of the securities mentioned in communications or websites. In addition, I accept no liability whatsoever for any direct or consequential loss arising from any use of this information. This information is not intended to be used as the sole basis of any investment decision, nor should it be construed as advice designed to meet the investment needs of any particular investor. Past performance is not necessarily indicative of future returns.

Market Environment (TQQQ)

Don't buy anything. System issued a red warning since last Thursday. This means that a market correction (10%-20% from the high of 67.64) is underway. So, the drop for the TQQQ would be to 57.50---54.04 range. We are currently at the 55.91 (18% market correction).

Disclosure

This is for information purposes only as I am not a securities broker-dealer or an investment adviser. No information herein is intended as securities brokerage, investment, tax, accounting or legal advice, as an offer or solicitation of an offer to sell or buy, or as an endorsement, recommendation or sponsorship of any company, security or fund. I cannot and do not assess, verify or guarantee the adequacy, accuracy or completeness of any information, the suitability or profitability of any particular investment, or the potential value of any investment or informational source. The reader bears responsibility for his/her own investment research and decisions, should seek the advice of a qualified securities professional before making any investment, and investigate and fully understand any and all risks before investing. I in no way warrant the solvency, financial condition, or investment advisability of any of the securities mentioned in communications or websites. In addition, I accept no liability whatsoever for any direct or consequential loss arising from any use of this information. This information is not intended to be used as the sole basis of any investment decision, nor should it be construed as advice designed to meet the investment needs of any particular investor. Past performance is not necessarily indicative of future returns.