Wave Chasing

I’m in PHX for the week tending to some family business – YAY market today. :-D

Wasn’t a bad day for most of it, but we just couldn’t hold the gains in the end.

Closed:
TNP, +2.54%, held overnight (divs)
COGT, -11.05%, held 11 days (GTrades)

Month to Date:
My ports: 3.2%
Brokerage: 4.3%
BBE Overall: 3.7%
S&P 5.7%
% of Targets reached: 105.0%
I’m screwed ratio: 1.8 to 47.9

I’m laid up with a screwed up back so I didn’t pay real close attention to any news in particular.

Closed:
BAP, +1.35%, held overnight (divs)
CNSL, +1.21%, held 6 days (divs)
KED, +1.48%, held 3 days (divs)

Month to Date:
My ports: 7.4%
Brokerage: 6.6%
BBE Overall: 7.1%
S&P 8.5%
% of Targets reached: 204.7%
I’m screwed ratio: 0.7 to 47.9

Just happy to have an up day.

Closed:
GLO, +1.55%, held overnight (divs)

Opened:
BAP (divs)

Month to Date:
My ports: 6.0%
Brokerage: 5.3%
BBE Overall: 5.7%
S&P 6.8%
% of Targets reached: 157.6%
I’m screwed ratio: 0.8 to 47.9

Or were we due for a genuine pullback?
Or both?

Closed:
NPD, +1.16%, held overnight (div)
AEC, -6.34%, held 4 days (div)
FSE, -6.72%, held overhnight (div)

Opened:
KED, GLO (divs)

Month to Date:
My ports: 5.6%
Brokerage: 4.6%
BBE Overall: 5.2%
S&P 5.5%
% of Targets reached: 142.8%
I’m screwed ratio: 0.8 to 47.9

There was a pullback, but it was a measured, rational and understandable pullback. If we hadn’t rallied in the PM, I actually wouldn’t have minded as we weren’t looking at a bloodbath for a change.

Opened: GTrades pick

Month to Date:
My ports: 5.7%
Brokerage: 3.1%
BBE Overall: 4.5%
S&P 3.4%
% of Targets reached: 125.9%
I’m screwed ratio: 0.6 to 47.9

Closed:
BBT, +2.49%, held overnight (dividends)

Month to Date:
My ports: 4.3%
Brokerage: 2.2%
BBE Overall: 3.4%
S&P 2.2%
% of Targets reached: 93.5%
I’m screwed ratio: 0.7 to 47.9

Record loan losses on the way, end of the world, blah, blah – we’ve heard it all at this point.

Opened: BBT (Dividend)

Month to Date:
My ports: 6.1%
Brokerage: 3.9%
BBE Overall: 5.1%
S&P 4.7%
% of Targets reached: 142.5%
I’m screwed ratio: 0.4 to 47.9

But the market seemed to be able to shrug it off. Could this be a sign that we’re past the worst and the market will again be the leading indicator of recovery??

Closed:
RIO, +7.41%, held 9 days (GTrades)
CMO, +1.59%, held 7 days (dividend)

Month to Date:
My ports: 7.7%
Brokerage: 4.5%
BBE Overall: 6.2%
S&P 5.6%
% of Targets reached: 175.2%
I’m screwed ratio: 0.3 to 47.9

Two nice up days in a row – sweet!

Closed:
KIM, +3.09%, held overnight (incl dividends)
CYBS +7.1%, held 5 days (GTrades)
SY, +6.06%, held 10 days (GTrades)

Month to Date:
My ports: 6.5%
Brokerage: 3.9%
BBE Overall: 5.4%
S&P 4.6%
% of Targets reached: 151.7%
I’m screwed ratio: 0.2 to 47.9