• Portfolio Management for May 9, 2014

    Not much to write or plan for today.
    I would like to buy Friday late weakness, but there are not that many opportunities.
    The only interesting trades are Energy on the short side, but I hesitate to go into that direction.
    However, a TBT long could be an interesting trade if rates bounce up.

    The tables of the day are below.

    You will note that PCYC has 91% chances to hit its stop. I intend to respect that stops or even get out earlier.

    PCYC has much potential but is technically broken, together with the rest of the Biotech stocks.


    Pascal