Saturday, September 21, 2013

Trades for the Week

After being 40% cash, I put some to work with the following positions on Thursday. The market is definitely heated, and I will keep close tabs on the new positions that I added. The positions except PKX were filtered from the piotroski screen, that I covered in another post.  Added longs: EBIX, WNC, TGA, MERU, PKX

I considered adding some Gold positions (after selling AG into the spike) but decided against it, and the market sold Gold off fairly heavily on Friday. Friday's action could point towards just profit taking after the easy money on Wednesday.
I used R's package performance analytics and quandl.com API code to get the data to create the below charts.