It has been another week of very few stocks passing my screens with the net result that I only had one equity trade. August 03 Valero Energy (VLO - Shares Purchased) I purchased shares in VLO which represented 6.7% of my portfolio dedicated to equities and...
With the prices of many asset classes increasing recently, it was expected that the cash allocation in my models would fall as allocations were made to various asset classes. As you will see in the table further down in this post, allocations were made this week to...
For my style of style stock trading, conditions are still not favourable for initiating long positions and, therefore, I hold no individual US stocks. As I noted in last week's post, there was a possibility that my tactical asset allocation models would reduce the...
My models have kept me from purchasing any stocks so I had no trades this week. My tactical asset allocation models indicate that it won't take much of a price increase next week in several ETFs to trigger "Buy" recommendations.
For the week ending July 08, it's a repeat of recent weeks - I haven't opened any new stock trades as no stocks have passed my screens. That makes for rather dull posts on my part but I have rules to follow for entering trades. Tactical Asset Allocation My TAA...
If you followed my posts last year, I stated many times that stock trading felt too easy. It was easy to produce winning trades. This year is as unlike last year as it gets. I have had very few trades and they certainly haven't been as profitable as last year's...
I had no stock trades this past week. As you will note in the tactical asset class allocation table, there were only minor changes over the past week. Tactical Asset Class Allocations
June 13 Brigham Minerals (MNRL) - Stopped Out My $31.50 sell stop was triggered and my shares were sold at an average price of $31.48 for a 16.5% gain over a 21-day holding period. June 14 Brigham Minerals (MNRL) - Shares Purchased I took a 4.5% portfolio...
June 06 Vici Properties (VICI) - Sell Stop Raised Shares of VICI rose just over $1.00 today closing at $32.45 giving me an open profit of 10.1% in 18 days. I rose my sell stop from $29.83 to $30.83. June 07 Targa Resources (TRGP) - Sell Stop Raised Shares of...
June 01 Reliance Steel & Aluminum (RS) - Shares Purchased I allocated 4.4% of my account RS. I now hold four stocks (TRGP, MNRL, VICI, RS) and all have open profits. Brigham Minerals (MNRL) - Changed Stop I have a 13.9% open profit on MNRL after just 9 days...