Major averages moved to new highs Friday on higher volume, overcoming early weakness. The opportunities remain on the long side with leading stocks such as CYBR, LCI, FB, and others continuing to streak higher.
Pocket pivots and buyable gap ups have been key over the current and prior market cycles, even though some of our competition do not follow either. Yet, as we wrote to our members on Friday before the market opened: “…the market is all about being in the right stocks at the right time, and huge opportunities have been seen in names that we have issued reports on or discussed in our webinars, such as CyberArk Software (CYBR), up well over 50% since we first issued a Pocket Pivot Report on the stock, and Intrexon (XON), which was discussed in our webinars when it was setting up along the 30 price level. So while one can fret about what the indexes might or might not do, the fact remains that it is possible to make strong progress in this market IF one is in the right stocks, end of story.”
So as we've always said, the opportunity of a lifetime often comes around every few weeks if one remains vigilant and open to opportunities as they emerge in real-time. The question now is where the next big opportunities lie, but it is likely they will emerge in the same manner as others have in this market via more subtle buy points like pocket pivots or buyable gap-ups. As long as the market rally remains intact we expect more to emerge along the way, and we will issue our real-time reports in response to the next wave of opportunities as they become evident according to the alternative buying techniques we employ.