I gave up about 1.34% of my gains this week. However, all in all, I’m still up 11.86% for the week so far. Again, this are speculative stocks that have been beaten down into the dust.
This weeks gains for the “Dirty Dozen” included:
CENX +43.04%; SFY +29.43%; IX +29.11%; SGY +28.62%; AFL +28.03%; PVA +26.95%; OSG +26.45%; TXT +23.58%; GDP +23.10%; WTI +22.43%; DRI +19.27%; CRZO +17.48%.
Added money to : LDK +10.93%; MGM +8.27% and SGY +28.62%
Out of 28 stocks, I have 3 losers: ACAS -0.96%; AMGN -6.08% and AINV -6.27%.
Of course, all this could change tomorrow.
Allocation: 47.4% stocks; 52.6% cash.
Going into tomorrow’s Triple Witching, I’m keeping my stops somewhat looser than normal, in anticipation of potential volatility. I’ll be skiing out of the office (as opposed to skiing in the office) and will let the market decide if the stocks I bought this week are worthy. I’ll be back Monday.
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