02 JUN 2024 Ludicrous Returns Stock Model Update

Stocks recently sold: CDNA, CEG, MRNA

Sell Now Triggers (6/2): BAND, TOST

Stock Model Recent Buy Triggers:
There were no recent buy triggers this past week.

New Buy Now Triggers (6/2): GLW, IP, SEED, TSEM, NR

Close to Buy Triggers (6/2): AMBA, AMRC, ANGO, BCRX, BEEM, BLDP, BLNK, BYND, CAG, CALX, CGNX, CHWY, CLFD, CLNE, CRK, EMBC, ENPH, ENVX, FATE, FLO, GCO, HTOO, IPI, JPSS, LASE, LESL, LUMN, LXU, NMG, NTR, NVCR, NWL, RFIL, RUN, SEE, SKLZ, SLDP, SMOG, SOL, SPWH, TAN, THRM, TUP, UFI, UI, USGO, XNCR, XOS, ZUMZ

Looking for a semiconductor manufacturing company to invest in to capture the long-term robust growth expected, but too many stocks are over-priced? AMBA is a really good opportunity that is about to feature a new investment cycle, according to the model prediction. Look for the 200D to feature an incline to mark a buy signal.

Engineering and construction companies have been on fire the last 6 months. Why? The obvious reason is the power infrastructure is in need to rapid expansion. You have EVs and AI taking up energy demand, not to mention scorching hot summers in Texas and California. AMRC is about to feature a new investment cycle, marking a great investment to buy into the segment. Just as in the case of AMBA, now that the stock price and 10D have crossed the 200D, just look for the currently declining 200-day moving average to feature an incline for the all clear signal to buy.

Current model owned stocks as of 6/2 (stop sell price):

AA (35.13), AGI (15.31), APP (71.28), AVPT (8.63), BSX (66.93), CAVA (73.77), CBAT (1.20), CENX (16.35), CMRE (11.88), CWEN (23.83), D (50.21), DAL (46.45), DELL (135.70), DOV (167.65), DTI (4.70), EME (341.55), ETN (303.19), FSTR (24.87), FUTU (66.12), GATO (10.28), GDDY (120.22), GKOS (95.58), GOOGL (153.09), GSL (22.31), INGN (7.15), MAMA, (5.47), MESO (6.22), MMM (93.35), MTX (72.99), MU (113.11), NEE (64.67), NEM (37.87), NVDA (959.03), OCGN (1.50), OUST (9.98), PDYN (1.65), PWR (245.80), QCOM (168.02), QTWO (52.69), RDWR (18.37), SCCO (107.87), SHIP (11.21), SILK (18.24), SPXC (120.44), STRL (105.86), SRTS (4.97), TATT (11.67), TCOM (47.44), TDG (1186.24), TNDM (41.27), TT (292.81), USLM (304.65), VST (77.94), WWD (153.64), ZIM (17.09)
Quantity of current Holdings: 72 (Ludicrous Stock Model Portfolio 80.9% Equity before new adds)
Less: New Sells -2
Plus: New Buys 5
New Stock Quantity 75
Market Status Update Ludicrous Market timing model status is GREEN as of 6/2. It is all clear to invest in equity index at this point in time.