• Portfolio Management for April 25, 2017

    Yesterday the Trade Ideas service issued many short overbought signals, but all of these related to stock that are about to publish earnings.

    The Small caps Monef Flow signal was however showing much selling and since IWM was at the top of its envelope, I decided to open a short position at $139.





    I am not sure that this short position will work since markets can be more irrational than expected. Risk is however limited.



    The trade ideas for today are shown below. Those in blue are about to issue earnings. I do not intend to trade those.