Dec 20

Review of open positions 12/20/2014

Wow, a ride the past two weeks Dow went from 18000 to 17000 to 17736, forming a V shape on the charts. Does that mean “v” for victory. I hope so. So far we have weathered the volatility well, We lost 2 this week $AAPL and $BAH and picked up 2 $BABY and $GPK. We opened up a small swing position on $CYBR at 41.95  that will not be tracked in this blog.

 $JNS is pushing hard against resistance for a new break out. It has an excellent risk reward factor. On the signal, (close above 16), would make a good place to open, or add to a position. $MNST and $COV also appear to be poised for a new breakout, but as always, you should wait for the appropriate signal.

Sadly we have to report that $NQ has reported earnings and so far has not helped price much. We wrote in a previous blog” The story of Fundamental Analysis, a tale of Woe” our reflections of $NQ. We did not follow our plan and we did not follow our systems signal. We chose to hold on and follow what has now proven ,  a disastrous strategy. $NQ has dragged our portfolio down from what would be an amazing profit to a small loss.

The good thing about our horrible strategy in $NQ is we have learned from our mistakes and subsequently proved the validity of our trend following system .

Christmas is coming up next week and then New years, so this blog may not be updated untill the new year.

So, to you and yours,

We wish you a Happy Holiday, Merry Christmas and a  Prosperous New Year .

 

 Current Charts of open positions.  Click here

Current charts of closed positions. Click here.

Watch list

 

SUMMARY AS OF 12/20/2014       
OPEN POSITIONS:- Total 15:  14 winners,1 losers. Average win +12.8 %, average loss 76.4%.
CLOSED POSITIONS:- Total 32: 12 winners,20 losers. Average win +15 %, average loss-10.1%.
ALL POSITIONS SINCE INCEPTION (2/24/2014)  
Total 47: 26 winners, 21 losers 55 % win . The average win is +13.8 %, the average loss 12.8%.
OPEN POSITIONS AS AT 12/20/2014    
Position Opened Closed % loss % gain
Long $NQ 3/24   -76.4  
Long $NKE 08/25       18.5
Long $VRTX 9/23     14
Long $COV 10/8     10
Long $MNST 10/7     21
Long $CMN 10/14     5.6
Long $CSX 10/15     9.5
Long $JNS 10/15     17.9
Long $ROST 10/15     18.1
Long $LB 10/21     19.3
Long $BABA 10/21     19.8
Long $BLL 10/21     1
Long $NAVI 10/20     18.4
Long $BABY 12/15     1.9
 Long $GPK 12/16     3.6
         
         
      -76.4 178.6
         
29 CLOSED POSITIONS AS AT 12/20/2014:-    
      % loss % gain
Long $KNDI 3/24 4/7 -19.8  
Long $TSLA 4/8 4/15 -7.8  
Long $XCO 4/8 6/3 -13.6  
Long $TWTR 4/15 7/9 -10.3  
Long $PLUG 3/24 7/9 -24.3  
Long $AER 3/28 7/9   5.3
Long $VLP 4/15 7/15   10.5
Long $FANG 3/24 7/31   36.9
Long $SAIC 4/16 7/31   11.3
Long $CODE 7/9 7/31 -4.3  
Long $BHI 7/17 7/31 -0.6  
Long $CL 6/3 7/29 -2.3  
Long $KOG 7/10 8/11 -1.9  
Long $OAS 7/9 8/11 -18.2  
Long $WYNN 7/31 8/25 -8.8  
Long $CLF 8/4 9/3 -8.4  
Long $FCX 7/10 9/9 -2  
Long $ACHN 8/11 8/16   42
Long $AA 3/28 9/23   25.7
Long$CAR 8/11 9/23 -1.1  
Long$X 7/31 10/2   9.4
Long$DIS 8/15 10/2 -2.3  
Long $UA 9/3 10/8 -7.2  
Long $ADM 7/8 10/8   5.5
Long $OVTI 8/4 10/10   8.2
Long $FB 4/24  10/12   18
Long $MCK 8/4  10/14 -3.5  
Long $CELG 9/25  10/14 -9  
Long $HIMX 9/25  10/21 -24.53  
Long $TKMR 10/1  10/20 -22.3  
Long $AAPL 9/9  12/16   4.3
Long $BAH 10/20  12/15   2.7
         
      -192.23 179.8
         
         

 

 

Disclaimer

Each trader has different position sizing, risk parameters and execution prices which will change overall  portfolio return. We do not give financial advice. Trade at your own risk. We are not responsible for any losses you may have by following our blog. We are only making known when we enter or exit a stock. The numbers that we are disclosing are a record of entries or exits made since the start of this blog. We may or may not show each stock that we own or are following  We may not show other transactions not mentioned on this blog. The prices mentioned here may or may not show our real transaction execution prices. Percentages may represent an aggregate of stock holdings. Calculations may not be accurately reflected. Trade at your own risk. We are not responsible for any losses you may have by following our blog.

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