AMEX:LABU   Direxion Daily S&P Biotech Bull 3X Shares
75
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...
Comment:
We confirmed the big volume breakout on Friday.
The stock trade is in + 3% now.

Comment:
Breakout is holing in LABU.
The portfoilio is in 8,5% now.
I'm going to add at the next pullback if there will be any...
Comment:
Buying 100 LABU at 33.48.
Comment:
I think the pullback is done.
Buying 50 LABU at 30.30.
Comment:
We are testing back the trendline.
This trade is still active I'm waiting for the breakout.
As soon as stocks bottom - I hope that tomorrow - LABU will rally as well.
Comment:
Very high volume today while price is not moving too much.
Someone is accumulating...
Soon we will be ready to run here.
Comment:
Selling half of the LABU position as we almost tagged the 100 EMA at 39.50.
I feel the NFP data will be week and we will open a GAP down. If not I will be riding the trend with the rest of the position

Sell 125 LABU at 39.50$
Comment:
I will be watching LABU open today. I might reopen the closed
125 LABU position at US market open today.
Comment:
Buying 125 LABU at 28.85
Comment:
As we are turning into the right direction and I'm waiting for a 20$ rally I will add to the position.
This is the day when we have to enter.
Buying 100 LABU at 29.49$.
Comment:
Total position 350 LABU
Comment:
We entered a bit early. It seems it wants to tag the trendline at 25$.
I will be adding on my personal account at 25$. Here we are at 100%.
Comment:
That's why I wanted to get in early. I had a feeling that they will not give a trendline touch again.
That would heve been to easy...
Comment:
Selling 100 LABU at 35.40$ at the open.
Total position: 250 LABU
Comment:
Buying back the 100 LABU at 32.35
Should have sold more....
Comment:
If we drop tomorrow I will continue adding.
Comment:
Selling 150 LABU in the breakout before market close.
Comment:
Selling all LABU position at 44.75
Comment:
I'M afraid that smartmoney is selling into this breakout and this will be the daily cycle top.
While S&P is running to new highs LABU couldn't make new high.
Big gains on this trade time to lock it in.
We will enter later again.
Comment:
Never say never. Someone doesn't want the stocks to fall this year.
It seems the correction might be over.
So I'm starting load the trucks by LABU. Will start the stock trade 2.
But I want those people who want to enter now.
I'M planning to buy 300 LABU.
So today I will buy the 33% of the planned position : 100 LABU
Comment:
BUYING 100 LABU at 41.11
Comment:
Buying 100 labu at the close

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