Posts belonging to Category 'Portfolio Progress'

Sold UNG @ 19.24

Stopped out of UNG at 19.24 for a 5% gain.  Markets are wonky as the new bailout plan was released.  Looking to take profits on SMN and possibly XLU later today.  Senate vote in about 5 minutes, or 12 EST.

Entries on market close – Friday 2/6

Long SMN @ 34.90
Short XLU @ 29.99
 
Markets are not appearing to enjoy the delay in the stimulus package.  I don’t care for the fact that the markets are heavily news driven right now and as a result have kept my positions very small with stops very tight.  Here are my stats for the year, thusfar.
 

Statistics

Stocks

Number [...]

Sold SRS (Half Position)

Sold half of my SRS position for a +5 gain.  I will happily take a 10% gain without hesitation.  10% gains with 2% losses?  I can still win with a 20% success ratio.

Long USO

Long USO @ $29.05
Stop @ 27.75

Long SRS

Long SRS @ $50.05.
Stop at 47.95.
I may get stopped out in the morning.  Wasn’t expecting the washout near the end of the day.  SRS may be placed on the “Never Trade Ever” list, hah!