Stock indexes fell again, capping a week in which the Dow Jones Industrial Average posted its steepest decline since December, driven by large share-price swings at widely followed companies issuing quarterly earnings reports.
Shares of biotechnology companies led Friday’s decline, after Biogen plunged 22% on a soft sales outlook. The biotech pullback countered a 9.8% gain in Amazon.com, the latest stock-price surge in a technology company that posted better-than-expected earnings.
For the week, the Dow fell 2.9%, while the S&P 500 declined 2.2%.
IBM, CAT, UTX, MMM and AXP were big killers for the Dow last week.
The week was horrible, but as usual Upsidetrader subscribers greatly outperformed the stock market. Please review the table below. It is all trades done up to the close of trade Friday. If you think this can be of a benefit to you, then please sign up today. There is no better time than now to finally make the decision and become a Premium member.
The offer is still 50% off and you will also receive, for free, my 60 minute video where I analyze my favorite stock setups. That alone is a $300 value, but yours for free.
Join today and good luck net week.
|
Date
|
Stock
|
Entry
|
Stop
|
Date Sold
|
Action
|
P/L ($)
|
Active
|
% Return
|
|
12/9/14
|
CELG
|
119
|
115
|
7/15/15
|
Sold1/4
|
+16.50
|
Yes
|
+13.9
|
|
12/17/14
|
BLUE
|
88.50
|
140
|
1/14/15
4/27/15
5/30/15
|
Sold1/4
Sold1/4
Sold1/4
|
+17.00
+45.00
+108.17
|
+19.0
+51.0
+122.2
|
|
|
4/1/15
|
BIIB
|
411
|
375
|
4/9/15
|
Sold1/4
|
+18.00
|
Yes
|
+4.4
|
|
6/14/14
|
NDRM
|
16.20
|
15
|
7/6/15
|
Stop
|
-1.20
|
No
|
-7.4
|
|
6/17/15
|
DPLO
|
41.50
|
45
|
7/4/15
7/13/15
7/15/15
|
Sold1/3
Sold1/3
Sold
|
+5.00
+7.90
+10.13
|
No
|
+12.0
+19.3
+24.4
|
|
6/22/15
|
DYAX
|
27.25
|
25.40
|
7/16/15
|
Sold
|
+.10
|
No
|
+.03
|
|
CHRS
|
28
|
34
|
7/10/15
7/16/15
|
Sold1/3
Sold1/3
|
+5.60
+8.70
|
Yes
|
+20.0
+31.0
|
|
|
6/25/15
|
RGEN
|
41.80
|
39
|
7/21/15
|
Stop
|
-2.80
|
No
|
-6.7
|
|
KITE
|
67
|
67
|
7/15/15
|
Sold1/4
|
+6.45
|
Yes
|
+9.6
|
|
|
7/7/15
|
TNET (short)
|
25.35
|
26.25
|
7/24/15
|
Covered
|
flat
|
No
|
flat
|
|
TNA
|
87.50
|
88
|
7/14/15
7/23/15
|
Sold1/4
Stop
|
+6.00
+.50
|
No
|
+6.5
+0.5
|
|
|
UPRO
|
66.70
|
71
|
7/14/15
7/23/15
|
Sold1/4
Stop
|
+4.60
+4.30
|
No
|
+6.9
+6.4
|
|
|
NVAX
|
11.32
|
11.80
|
7/15/15
7/24/15
|
Sold1/3
Stop
|
+1.30
+.48
|
No
|
+11.5
+4.2
|
|
|
HDB
|
62.50
|
59
|
Yes
|
|||||
|
7/10/15
|
FOLD
|
14.40
|
16.25
|
7/15/15
7/16/15
7/21/15
|
Sold1/3
Sold1/3
Stop
|
+1.13
+1.75
+1.85
|
No
|
+7.8
+12.1
+12.8
|
|
7/13/15
|
ALKS
|
64.75
|
67
|
7/15/15
7/24/15
|
Sold1/4
Sold
|
+4.25
+3.20
|
No
|
+6.5
+4.9
|
|
PRTA
|
52.50
|
62
|
7/15/15
7/16/15
7/22/15
|
Sold1/4
Sold1/4
Sold1/4
|
+5.00
+6.50
+15.70
|
Yes
|
+9.5
+12.4
+30.0
|
|
|
FIT
|
44.40
|
45.50
|
7/15/15
7/20/15
|
Sold1/4
Stop
|
+4.00
+1.10
|
No
|
+9.0
+2.5
|
|
|
7/15/15
|
CNX (short)
|
19.70
|
20
|
7/24/15
|
Covered 1/4
|
+2.30
|
Yes
|
+11.7
|
|
7/16/15
|
CLDX
|
27.20
|
25.50
|
7/21/15
|
Stop
|
-1.70
|
No
|
-6.2
|
|
7/20/15
|
NBIX
|
53.95
|
50
|
Yes
|
||||
|
short
|
YELP
|
34.45
|
36.25
|
7/24/15
|
Covered
|
flat
|
No
|
Flat
|
|
7/22/15
|
ANTH
|
10.15
|
10.15
|
7/25/15
|
Sold1/4
|
+1.20
|
Yes
|
+11.9
|
|
7/23/15
|
JUNO
|
53
|
48
|
Yes
|
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