• Portfolio Management for November 29, 2013

    The Weekly stock selection rotated this morning. This means that we took the stocks from the daily section and started a new 5 days monitoring.



    As a reminder, The daily section selects the leading stocks for long trades and the laggards for short trades. Usually, leading stocks are extended compared to the rest of the market. The idea is that in a bullish market, extended stocks become more extended. Of course, extended stocks have a tendency to pull-back to their 5MA. This is the area where I would typically buy. My trades are recorded in the Portfolio Management.

    As of now, the Portfolio is in cash. The latest positions were closed as we can see below. Even though the market is up today, typically, the week following Thanksgiving is down. I hence prefer waiting for a better buying opportunity next week.



    I understand that it can be frustrating for some of you to see that I do not trade much. However, you can see below that the Portfolio trades produce much better statistics - win ratio of 67.6% and return/risk of 4.44 - than the Stock Selection (Which are already excellent: win ratio of 57% and return/risk of 2.38.)