Friday’s market closed strong on a pick up in volume. When we saw volume coming in during the final 30 minutes of the trading day, we begin calling it out to our members on our VIP Twitter feed.
When the market opened yesterday, Monday, Oct 12, it gave us a nice lift via the gap-up and then continued to move higher throughout the day. Strong closes, typically, lead to a strong market the following day. It doesn’t happen every time, but more often than not, it does follow-through.
While we know this is really a 3-run-triple, we’re calling it a Grand Slam because we had other positions such as BABA & TSM open as well. All-in-all, it was a very good day yesterday. We are both thankful and humbled that we can consistently make profits for both ourselves and our VIP Members.