Portfolio Management for February 7, 2017

Yesterday, I opened a long PZZA at the end of the day. Early in the day, the bounce started to attract sellers and I was afraid that the stock would collapse, but later on, large investors came in.







CRM is pulling back somehow, with JNJ.





The three positions are doing fine, but it is hard to make real money here. I believe that real money will be made by keeping CRM/PZZA through earnings, but real losses could also be the consequence. It all depends on each person's risk level.



The Portfolio's max possible drawdown is now 1.65%, which is elevated, although the "statistical" loss risk for the next five days is only 0.98%.



The trade ideas for the day are below. Nothing really interesting, except for POT, but I believe that I am too much invested on the long side for now.