I have made some better buys, have taken some profits, but I also now have a couple of downers
What did I see in my weekend review?
The 10-yr Treasury yield is now at 1.66
IBD (Investor Business Daily) continues: Confirmed Up Trend
Copernicus Systems: Is still long, still mixed
Moneys Flows now has money flows improving, good to see this.
IBD 50 Top Five:
SWI, KORS, MLNX, ALXN, AAPL
FRAN, SWI, KORS, MLNX, AAPL
Copernicus Top Stocks are:
RAX, CSC, EBAY, GIB, AAPL
CSC, RAX, EBAY, AAPL, VRSN
Currently my "Stocks for a Trade" now consists of:
All sold for now
IBD 50 Basket Holdings Are:
FRAN -17.98%, a really ugly dive this week nailed me to this one. I may be stuck with this one for a while due the announced retirement of a key individual. But the company performance is good and I have hopes of a recovery.
ETF’s for a trade are:
(All gains or losses shown are the total since purchase)
QLD +3.59 a nice initial position this week, need to determine when to take the profit
UNG -4.49% a lingering poor buy, will hold for a while but will be looking to unload when possible
What will I do?
I did sell IBB, AMGN and KORS for modest profits last week
I have removed GLD from tracking as it is a long term holding. I will report it has now recovered for a modest profit
I do not track AAPL here, but will say that I now have a 15% profit for a purchase about 2 months ago that I hope to sell on Monday
My watch list for the week will be comprised of:
SWI, ALGN, ALXN, TCBI, QCOR, RAX, GIB, AMZN
As time allows I will be looking for a good entry point in any of these
I hope you have a great week.