60% Total Returns in 2 Weeks
by Mike Paulenoff
February 17, 2017 • 6:39 PM EST
The last several weeks have featured several outstanding trades of 28.7% (CLF) and 30.5% (NUGT), with a third trade of 7.8% (CSCO). On the downside were trades of just -4.1% (VXX) and -2.1% (UNG).
The result was a total of return of more than 60% from just 5 trades.
Below is a chart of how Mike saw CSCO setting up when he entered on February 2, and a table of these recent trades.
Mike Paulenoff is the author of MPTrader.com, a real-time diary of his technical analysis & trade alerts on
ETFs for precious metals, energy, currencies, and an array of equity indices and sectors, including international
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More Top Calls From Mike
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On March 10, 2025, fifteen minutes before the closing bell and Oracle's forthcoming Earnings Report, below was the analysis I posted to the MPTrader Discussion Room about ORCL:"... My preferred scenario indicates a negative reaction to the news that sends ORCL reeling to test important support at 139.50-141.20-- where ORCL MUST reverse to the upside to avert triggering still lower projections into the 118-123 (back the truck up) target window... Last is 149.32"...
Last October 21, 2024, I alerted MPTrader members to a Goldman Sachs upgrade of optical products retailer Warby Parker (WRBY) to Buy from Neutral. Goldman attached an 18.00 target price to the stock. At the time of my post to members, WRBY was trading at 17.55 in reaction to the GS upgrade, up 6% from the prior close, and just 2.5% from Goldman's 12-month target price.
