For a quiet week in the middle of the summer, this is the third update in a row, so it will be short and sweet: We are long Energy and Precious Metals with fresh trades this week in XLE & GLD. With these two sectors leading the market, anything is possible vis a vis the stock indices, so its day-by-day insofar as any new trades on the horizon in QQQ and/or SPY. As is apparent from our timely purchase of August USO calls, it just takes one knock it out of the park trade to tango: As of Open, Wednesday July 22nd. I did the math: The average gain on all of the above recommended trades is +74%, that is with 4 of the 7 trades showing negative returns. If you get nothing else out of this service, learn to limit losses (to 50%) and let profits run.
