We bought AMCC and a second helping of FXP today. CNQ opened above our buy price, hitting the high of the day in the first minute, then crashed below its sell-stop. We're not supposed to trade the first minute of price action for reasons like this. As for current holdings, in my opinion we're good. While the market can go either way, I see the downside reward as much greater than the upside, and that is amply reflected in the current mix.
| Current Holdings | ||||||
|---|---|---|---|---|---|---|
| Ticker | Basis | Closing Price |
Perf. | Sell-Stop | Addl Exit Guideline | Chart |
| FXP | 8.96 | 9.80 | +9.4% | 9.39 | N/A | Chart |
| SRS | 9.56 | 9.69 | +1.4% | 8.71 | N/A | Chart |
| DUG | 14.31 | 14.51 | +1.4% | 13.71 | N/A | Chart |
| SKF | 25.11 | 25.05 | -0.2% | 23.58 | N/A | Chart |
| QID | 23.17 | 23.03 | -0.6% | 22.06 | N/A | Chart |
| TWM | 28.06 | 28.69 | +2.2% | 26.65 | N/A | Chart |
| SSO | 34.16 | 34.32 | +0.5% | 33.33 | N/A | Chart |
| AMCC | 9.91 | 9.99 | +0.8% | 9.49 | N/A | Chart |
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