15 Aug, 2018
Trade of the week update 8/15/2018

Unfortunately, I got stopped out of CHK today at about $4.26. -$373.44 ?

14 Aug, 2018
Trade Update 8/14/2018

CHK stabilized so I jumped in mid day today at $4.51. Recently this has bounced in the $4.35-$4.40 range so my stop is just below that. I’m hoping for 5% on this trade but may take less if it doesn’t move by the end of the week!

13 Aug, 2018
Trade Plan for Week of 8/13/2018

The overall market looks like it will be continuing the pull back that began towards the end of last week. The QQQ, SPX, and DJI daily charts have all pulled back to the 20 SMA: It isn’t a good idea to force a trade during a weak market and while I think this pullback is short term, I will not trade until I feel like the market has conviction. Don’t try to catch a falling knife! I will reassess near …Read the full article

12 Aug, 2018
Trade Wrap-up 8/12/2018

The Trade of the week did not work out for us this week. I bought 80 shares of PETS at $38.25 on Monday and sold shortly before the close on Friday at $37.65. (1.9% loss) To be honest, this was a very poorly timed entry for me. As you can see in the plot below, I bought right before the previous high of $38.34 on August 3rd as it pulled down from a new high of $38.40. I was expecting …Read the full article

6 Aug, 2018
Trade of the Week 8/6/2018

This week’s trade is Petmedsexpress.com Inc (PETS). This company had bad earnings (reported 7/23) and has been consistently green since then. It appears to be recovering. I will be looking for an entry in the mid $30s.

6 Aug, 2018
Welcome StockMarketGarage.com

At the beginning of each week, we’ll be making a single trade that we expect to perform well in the coming week. Normally we’ll be expecting between 4%-8% profit on each trade. We’ll use these trades to teach you how we mitigate risk while trading for substantial gains. Check out our trade log to see how we’re doing!