• Portfolio Management for May 27, 2015

    At the start of the day, the Portfolio was 40% long and 10% short.
    I sold 1/2 of the long ADM position (although I still like it) and entered into a short WWW when the stock broke below $30.





    KORS, in blue, will issue earnings today. Very unwise to keep a position.



    As of now, none of the above ideas look interesting, except for a long FMX.

    FMX is discussed here:

    http://www.effectivevolume.com/showt...?8510-Long-FMX

    It is interesting to see that yesterday, the three short ideas "on a breakdown" triggered a short signal, while four long ideas triggered a buy signal.

    On the Buy side, FMX was an "Oversold Buy" trade. It pre-triggered, but as it never reversed above the entry price, the trade was not confirmed, and so the line kept its yellow color.

    Also, please note below (with the pink arrows) that the four long trades that were confirmed are now above the purchasing price.