• Portfolio Management for May 12, 2015

    Yesterday, I sold the EFA extra position that I bought on Friday.





    Since the market will probably open on a down gap, today will probably be a "position management day" If the market opens in a very weak fashion, I usually wait for the first 1/2 hour of trading so see the price levels. If we open below a stop, I would place a new stop below the low of the first 1/2 hour and would sell if we break past that level.



    The trade ideas for today are below, but I doubt we will be able to trade these ideas.