Okay, we did our weekly meeting for the first time and only found 1 stock that looked really strong on the 1 year chart, had 3 green arrows and a volume surge. The symbol is NE. As an added bonus, it is trading at a discount according to the valuation. So, we made the move. Log the trade, in on NE@50.85.
So, a quick recap of the portfolio at this point:
AAPL@135.5 (currently at 146.73 or up 8%)
NE@50.85
I started thinking about how I am reporting return. Since size of the position does affect the overall portfolio return, I am wanting to get a neutral way of analyzing my successes. So, for the purposes, of the blog, I'll deal with portfolio yield in terms of trading 1 share of stock without commissions.
Meet Vivian
13 years ago
2 comments:
the issue withe NE trade is that it isn't in an up trend.
Yea, we thought the volume surge was heavy enough, but turned out not to be. As I'll post later today, we got stopped out at 48.50. Yea...small loss!!!
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