AMEX:LABU   Direxion Daily S&P Biotech Bull 3X Shares
44
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.

Stock trade 1 ended with 6019,75 $ profit. Total capital is 16019,75$.

I moved the following positions from stock trade 1:
100 LABU entry price: 41.11$
100 LABU entry price: 41.79$


Comment:
Buying 100 LABU at 44$ today before the close
Total position 300 LABU
Comment:
Buying 50 LABU at 44.90 as we closed the gap.
Comment:
How interesting Clinton was talking about Mylan Pharm. just before LABU breakout....
Comment:
Still holding LABU. I will update just going through the news.
Comment:
Holding the position.
Comment:
The S&P couldn't even test back the breakout level.
At the end of the day the "Unlimited buyer" enters and pulls back the price. While S&P is running I'm not afraid that LABU will fall too much.
The election war will end soon so whatever Clinton is saying sooner or later LABU will break out.
It will be so powerful that a retail trader like us will not be able to enter after this breakout. We have to be in by that time. I was playing in-out in the last few months but now we broke out of the consolidation. I don't want to wake up for a news that XYZ Biotech company has found the cure for cancer . How will you enter if LABU opens at 70$ one day?
And even Clinton is punishing BIO, she also said this is the future. There is the innovation.
So if S&P rallies LABU will not just follow it will pull up ths stock market in 2017.

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