This Week’s Strategy Lesson: Guidelines for Constructing a Portfolio
(Part 2)
Last week we began a short series on common guidelines and principles for building your own customized portfolio. This is very important because a well-designed portfolio should have several …
This week there were no position changes in the Sector Plus model. Our three positions are SOXL, ERX, and DRN. To open next week, the “basic” model will remain in those three ETFs. In the “Stops & Targets” model we …
This week we made one position change in the ETF Country model. On Friday, we sold out of SSO and entered FXI. Our current three positions are FXI, TMF, and IFN. For those trading the “Stops & Targets,” TMF is …
Longs:
CTRP
GMCR
INTC
HPQ
JWN
COST
KMX
HCA
JBLU
FCX
GLPI
ODP
GE
WMT
EW
IPG
UA
MTW
SODA
Shorts:
NFLX
APC
PSX
EBAY…
No New Positions now-will be watching how market acts next week before we add long or shorts.…
Many of my readers have attended at least one of the webinars we do on market phases. I begin each one the same way-talking about the cycle of EVERYTHING in nature, including the markets. I further comment that not understanding …
Trade Plan For 8/1
…
Longs:
COST
CTRP
GMCR
XRX
KMX
DRI
FB
MGM
BID
SODA
SCCO
Shorts:
NFLX
PSX
APC
OHI
POT…
Wednesday night I wrote, “Watch Retail, the Financial plus Regional Banking sectors to take the lead. Then, follow that money trail. If they don’t cut it-could be the first “real” sign that the market needs a serious correction.”
Real alright, …
PM: Stopped out 82.97 PHO Stopped out 25.33 CSC Stopped out 63.34 URA stopped out 14.99-now ALL CASH
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Existing Position: PM: Long 85.07 ATR 1.10 out 82.97
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Existing Position: PHO: Long 26.05 ATR .27 out 25.33
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Existing …