• Portfolio Management for March 12, 2014

    Although I entered a new long ENDP position early in the day, general weakness forced me to close all the portfolio long positions, keeping the SDS longs that were the long trade hedges.

    We can see below that the three stocks still seem to be under accumulation, but the general market weakness is a negative for all these positions and so they had to be closed.









    Even though the Portfolio has logged returns twice those of the S&P500 since early September 2013, as of 2014, returned have lagged the S&P500. This means that the trend following environment has given way to a choppy market where it is better to trade less.

    The trade ideas for today are shown below. Note that SPWR and UAL are still in the list.
    It could be interesting to "buy fear" if the S&P500 pulls back to the 1850 support level with no short signal being issued.