Jordan's Stock Trading and Watch List for Upcoming Week August 8 2016

I am starting a new series of posts about my boyfriend Jordan's investing into stock market. It is kind of different from my investing style but I thought that some of you might be interested.

He is following charts from book "Rule#1" by Phil Town. So he basically reviews stocks MACD, Stochastics and Moving Average charts. Theses charts show when a stock is overbought or oversold. So when charts say a stock is oversold, he buys and he sells when the chart shows that the stock is overbought. Although he keeps some stocks for dividends earnings.

This week he purchased:

DIS at $95.90, PM at $99.71, LUV at $35.50 and BMY at $63.20

He sold:

FIT - He bought it at $12.15 and sold at $15.57, earning 28% in 1.5 months.

His watch list for upcoming week:

LYB, PPG, VMC, CCI, EXP

Thanks for reading and please share your opinion.