With one day left in the trading month, a Friday rally would be nice to complete the month. We are currently up 6.3% for the month, with many of the stops now above of close to break even. The S&P is struggling to remain positive, having seen a 0.89% gain todate.

As I mentioned in the last update, i have now moved the stops up tighter on the energy stocks, there is no point giving all of the gains back. We can always re-enter any of these stocks if they give us further signal.

Here is the current spreadsheet www.ezeetrader.co.uk/stockwatch/300508.xls

Best wishes

Kym

The good balance of stocks within the virtual fund has seen it through the turmoil with oil prices, that said, we have also seen a rally from the 38% retrace level in oil resulting in a rally in many of the stocks.

I have moved a couple of stops up to lock in more of the gains, but aside from that I have not made any other changes. We were stopped out of CRR at break even.

Here is the latest update, www.ezeetrader.co.uk/stockwatch/280508.xls   

Best wishes

Kym

After seeing the price action over the last 4 days, we can be glad the markets are closed today. Whilst the fall in the S&P has been quite steady, our stocks have held on quite well although they have lost some of their gains.

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We are see some further good progress with some of our stocks this month, with the virtual fund now up by 6.6% month to date.

You can review the current progress on the following link.

Http://www.ezeetrader.co.uk/stockwatch/210508.xls

Best wishes

Kym

We hope you followed the newsletter stocks which we are now providing with video links for further guidance. As we have seen a number trigger their entry signals, I have provided an update.

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Once again the emphasis for the week ahead is on inflation, with the US, Europe and the UK all releasing their April figures. In the UK we will see the Producers Price Index, which gives us factory inflation, then the consumer inflation report followed by the Bank of England Inflation report. For the US it is important to watch for the core Inflation figure, as this is what is used by the Federal Reserve as their guide.

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