Stock trade 1.I'm going to post an Energy / Stock / Metal Trade for the followers to trade.
I will post the update in the "update status" section of the portfolio post.
Starting capital is 10.000 $ in each portfolio. When I close the actual trade I will move the whole amount to the next trade - in this case it will be Stock trade 2.
This is the last portfolio I'm launching. But I think this will make a monster rally in the following few months.
LABU - Direxion Daily S&P Biotech Bull 3X Shares
Buying 100 LABU in the open
Price: 27,20
Margin impact : 2888 $ (28,8%)
Most of the S&P components will be testing the prevoius highs this week or the next. Biotech was forgotten somehow.
Actually not everybody forgot it because smartmoney was building position in this rounded base in the last weeks.
Yesterday we had a record volume. Something is happening in this sector...
LABU trade ideas
Biotech - The next big thingBiotech (LABU) is ready to rally finally.
I think this sector has a fantastic opportunity in 2016-17.
This is just beginning next week. We just confirmed the big volume breakout last week.
I'M already long in LABU for a few weeks now..
I'm looking for at least 100% in this trade, but even the 400-500% is not impossible.
We were coming down from 235 $. I would like to see a new high in this vehicle.
And that is 1000%...
Are you ready to make some money?