Update: June 19, 2017

| June 19, 2017

June 19, 2017

 

Portfolio Update

Since the start of June, the market has been making new high after new high.  

We’re climbing a wall of worry right now.  What I find interesting is the new highs are hitting during the summer slow season… and after the Fed hiking rates.  Normally a Fed rate hike is a signal to the market to slow the growth of the economy.

That said, we’re going to work with it and continue to trade on this positive momentum.

One quick note:  Next week, I’ll be traveling… so no trade alert Monday… Watch for a new trade the following week.

Let’s look at the portfolio…

 

Portfolio Highlights

Just a quick note:  We won’t update every open position every update.  I try to focus on the positions that have some significant news or price movement.

  • KBH & BZH, F & GM…  These four stocks are in the portfolio in case of a market downdraft.  We haven’t had one yet.  Keep holding for protection… we’ll be rolling into new protective trades in a few weeks.  
  • AVY… The stock had a nice run and looks to be taking a breather right now… The option is in the money… so the next leg up should produce big gains.
  • HLT… HLT is up and holding. We’re in the money on this option and loving every minute of it. Aggressive traders hold for a bigger move.
  • TIF… is the golden child… the option is up big.  Aggressive traders hold tight.
  • SBUX… A nice move so far.  Keep holding, we’re up 38%.
  • CCL & NCLH… has started moving higher… just what we expected.  We’re up 62% and 51% on these trades… keep holding for more bigger gains down the road!

 

Category: AOA Updates

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