• Portfolio Management for January 16, 2014

    Yesterday, I opened a new long HLF, which I had to close after just a few hours, because I felt that the reaction to NUS 20% drop could spill over on the following day (Today,) when funds would detect that the sector is under pressure and would lower their collective exposure.

    Today, we have ONVO on the list. It is a Bio-tech, but trades like a 3D printing for tissues. XONE and SSYS had big drops in past days. ONVO could be dangerous. As a matter of fact, all these leading high-flyers are difficult to hold during earnings, because any bad news from a stock in their group could badly affect them.

    A company like MU is easier to trade, because they have published earnings some days ago. No risk for a nasty surprise there.

    SBUX looks interesting as a short trade and so are most clothing sector stocks, but these are already well below a safe shorting point (This is why the GPS and PVH probabilities to hit the entry target are so low.)