• Portfolio Management for January 20, 2014

    The past few trades in the Portfolio have produced losses, as we can see in the table below.



    The few strongly winning trades were initiated during the bullish trend of December. Since the beginning of the year the market has been in a trading range with a short-term daily reversal that only stop losses could handle.



    The portfolio statistics are still good, but it has only been 41% invested since September, which is too low. I am having a hard time finding good long candidates on the leading list apart from the momentum plays that could crash and burn on negative news.

    As a result I have decided to add some names from the Low Supply filter, which features more "normal" stocks that are not going to lose 15% overnight.



    The list for Monday is below. In yellow are the names that come from this Low Supply list. DRC is a Nat Gas Liquefaction company, MET is related to health insurance and WRI is a REIT.