Momentum Trader

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Zacks Momentum Trader

This service sends daily emails delineating new stock trades and a brief market commentary. For $995 I expect better results. In the past three months (which included a strong bull market), I have 5 of 7 losses (several for over 10%), one even and one 10% winner. The open trades are mostly flat to less than 5% gains.

Granted, this is a short time, but results with Zacks’ Whisper Trader (which started this month) are five open trades, all less than 5% change and three closed trades for 8-30% losses. So, my faith in Zacks’ trading services is shaky.