Yep it was just two days ago that the market was showing signs of a reversal and what happens today? The S&P500, Small Cap, Nasdaq, and the Dow 30 all hit high’s for the year and high’s for most indexes dating back 18 months. That is pretty awesome. We will keep following the trend until it tells us to bail.
I had 6 out of 9 stocks up today with 4 up over 2%, but I had one down 4.6%. This was the sixth day in a row that my portfolio was up in value. MIPS was the stock that got pounded and I have decided not to move my stop loss on this one position until January 28th when the earnings are to be reported. I will leave it where it is and hope that I do not get stopped out prior. The maximum loss I can take is 5.8% and I can tolerate that. The last earning report by MIPS was estimating .08 per share and they reported .17 per share and the stock price jumped 41%, so I want to stay in this stock if at all possible. Normally I move my stop loss up via the 21 day moving average after it catches up to my initial stop loss order set.
$0.00 realized profit today. AVG = $17.89 a day. Personal goal = $50 a day. 8 of 20 trading days for January complete.
| Jan | Feb | Mar | Apr | May | Jun | YTD 2011 |
| $143.16 | - | - | - | - | - | $143.16 |
| Stock | Entry | Price | Stop | Profit | % Gain |
| AGCO | $52.90 | $55.11 | $51.05 | $104 | 4 |
| ARMH | $22.54 | $24.02 | $21.06 | $151 | 7 |
| ATML | $12.90 | $13.79 | $12.65 | $178 | 7 |
| CTSH | $64.98 | $75.24 | $73.42 | $476 | 7 |
| CY | $18.14 | $20.34 | $18.54 | $330 | 12 |
| ENTR | $13.00 | $13.27 | $12.20 | $52 | 2 |
| FNSR | $32.10 | $33.66 | $29.67 | $106 | 5 |
| KEM | $15.23 | $15.35 | $14.59 | $20 | 1 |
| MIPS | $16.72 | $16.52 | $15.74 | $30 | 1 |
| TOTAL | ------------ | ----------- | ---------- | $1387.00 | ---------- |
No comments:
Post a Comment