This week, we welcomed Eli Lilly as our eleventh stock placed into the Coffee Can portion of our Top-Down Trend Trading portfolio. Here in February of 2024, LLY has now doubled since we purchased it in September of 2022, so we sold half of our shares to extract our original cost basis and are now playing with “risk-free” shares with the house’s money on the remaining half.
Like all of our trend trades in that class, all eleven of our “doublers” that now find themselves in our Coffee Can holdings, were originally pulled from our proprietary tool called the Stock Selector, which is updated every weekend and is available exclusively to Premium members of Market Scholars.
Premium members are invited to view all the transaction notes/details of these eleven Coffee Can holdings here:
Never Stop Learning,