• Portfolio Management for July 1, 2014

     
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    Even though I was prepared to open new trades yesterday, I ended up closing MYL and SWFT because of poor EV patterns in an otherwise bullish end-of-month trading environment.

    The real issue with yesterday's trading is that the 20DMF was showing slight accumulation, but not something that could justify a price ramp and hence, I felt that this was just window dressing and that some windows could get smashed by the close of today's trading.



    This now leaves us with a long TBT and a short CPWR positions. Today, my goal is to buy weakness in the stocks highlighted in yellow.