Shakedown 3/11/18

the SHAKEDOWN

MARCH 11, 2018

Happy birthday to the Shakedown. 52 straight weeks of feasts in your inbox. The market must have begun the celebration early because this week was an absolute buffet. 35/40 stocks mentioned in last week's letter moved higher - all you can eat indeed. Let's take a look.

**When the first newsletter came out AMZN was $852 (now $1578), NFLX was $143 (now $331) FB $138 (now $185) BABA $103 (now $190), SHOP $64 now $150, NVDA $99 now $245, SQ was $17 and on that newsletter for a buy through $18 (now $52) -- you get my point.

Video of SQ trade early in the week ^

IONS Long

IONS getting tighter and tighter after earnings with all the moving averages clustered (can see on bottom daily chart) presenting a good swing opportunity. Looking to get involved with this one on high volume through $54.

Trigger: $54

Stop: $51.99

Target: $63-64+

Hope to see you in the chat Monday!