Since the market now looks promising and in an upward trend I re-entered with RSU which is a 2X leveraged version of the S &P 500. I will add SPY on Monday, which simply is the S & P 500.
I did get my Dividend Stocks updated and may write more about those in the future. Since I review those differently I won’t regularly write about them
What did I see in the weekend review?
1. IBD’s Market Current Outlook switched this week to “ Confirmed Uptrend”, I was very glad to see this.
2. My interpretation of the Copernicus System continues to be long in the Market.
3. For stocks of interest I was attracted to BIDU, DRIV, INSP, T, BIIB, CPWR and GILD
But, the "Stocks for a Trade" bucket is pretty full so I will need to wait until some of those sell and I hope to be able to let the rules sell those... in spite of 3 out of 4 dropping for the week....Ouch! I hope they don't exit out the bottom of their boxes, but that is possible
My "Stocks for a Trade" now consists of:
(Gains shown are the total since purchase)
KLAC 1.63%, dropped a little for the week
CMG 10.89%, an nice pop for the week, another week like this and this will get sold .
EMC 7.62%, dropped a little for the week
AAPL 8.69%, also dropped a little for the week
ETF's for a trade are:
USO 6.25% up again .
GLD down –.68 %, still soft
IBB 3.57 % I did pick up this Biotech ETF this week with a nice start
Have a great week!