Expect the best. Plan for the worst.

Expect the best. Plan for the worst… I lifted this heading shamelessly from Copernicus this week, but it fits my plans perfectly.

I have been selling out positions were possible and yet still keeping an eye open for good stocks that have dipped to allow short term profits

I  was able to sell UNG this week after a nice recovery and captured a modest profit. I was able to sell AAPL for a very nice gain. This was some purchased for a short term gain, I still have a long term position in place. It did not happen on Monday as planed but later in the week

What did I see in my weekend review?

 The 10-yr Treasury yield is now up to 1.87

IBD (Investor Business Daily) continues:  Confirmed Up Trend 

Copernicus Systems: Is still long, still mixed

Moneys Flows now has money flows all up and prices coincide

IBD 50 Top Five:

SWI, KORS, MLNX, ALXN, AAPL

Last Week:

SWI, KORS, MLNX, ALXN, AAPL

Copernicus Top Stocks are:

RAX, CSC, EBAY, GIB, AAPL

Last Week:

RAX, CSC, EBAY, GIB, AAPL

Currently my "Stocks for a Trade" now consists of:

All sold for now

IBD 50 Basket Holdings Are:

FRAN -6.72%, after the  really ugly dive last week, a nice recovery, but still more ground to cover. I plan on selling this retail stock on or before Dec 1.

ETF’s for a trade are:

(All gains or losses shown are the total since purchase)

QLD +5.87%continues to march upwards, still unsure of when to sell, now thinking  +15% may be a possibility.

What will I do?

My watch list for the week will be comprised of:

SWI, ALXN, RGR, EBAY, RAX, GILD, AMZN

As time allows I will be looking for a good entry point in any of these

I hope you have a great week.