Weekly Review for 11/4/2018

James Kimball | November 3, 2018

The NQ 100 All Stars model was up +1.84% this week. The QQQ Benchmarkt closed the week up +1.70%.

After putting in another new recent low on Monday, the SPY rebounded and closed the week right on top of the 10 DMA and right below the 200 DMA. Despite a strong jobs report, the indicies closed below their opening range on Friday.

With November, we had a series of position changes. XLNX, ESRX, and TSLA filled the three empty portfolio slots leftover from stop-outs in October. We also delayed one final position change due to an imminent earnings report in AAPL. After the poor earnings response, AAPL fell sufficiently in the TSI rankings so that no additional position changes were necessary to get the portfolio to accurately reflect the TSI rankings.

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Best wishes for your trading,

James Kimball

Trader & Analyst MarketGauge