About the Author

Stephen Oakes is an experienced financial titan from New York who brings Wall Street to Main Street. Over the past 11 years, he has developed and tested the renown, Oakes Momentum System, which uses a unique constellation of technical indicators to find timely buy and sell points. He holds an M.B.A. in the United States (New York) and has studied internationally at the Reims School of Management in France.

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Is Your Investment Portfolio on Steriods?

So just how is your portfolio doing? Hopefully as good, if not better than ours!

What a crazy week it has been. The market keeps going up, and up, and up. The Jutia Portfolio has been tacking on gains left and right, with no end in sight. In my investment research firm, everyone seems to be in a hysterical frenzy over my recent pick in J Crew Group (JCG). I knew the technical setup was one of a kind, but had no idea that the stocks’ gears were in motion just in time for a stellar earnings season.

Well, I bought in and made a killing, 19% in three days on solid volume, thanks to an early breakout from consolidation. It’s usually at this point where it’s time to regain composure and lock in profits. My apologies for not having the time to post on this play sooner.

But it’s not too late…

Once the stock pulls back and fills the gap near $45/share, I would recommend that you jump in head first and hold onto those shares for a little while.

I should warn you, a good 75% of my portfolio is sitting in cash right now. To be frank, I’m being extremely picky in what I buy into because my gut instinct tells me that this market is temporarily overbought. Above average profits and a negative divergence on the major indices is enough warning to us all that either you walk away with your head held high, trigger tighter stop-losses, or risk a portfolio shock when the market get cranky.

Send us your thoughts and opinions. We’d love to hear stories from investors who have traded along-side Jutia Group in the market trenches.

Good Investing…

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