We finally received some meaningful movement in the market this week. Here are how the stocks in my portfolio reacted this week:
Short AFL -17%
Long APOL -2%
Short CEDC -31%
Short DOW -15%
Long HANS -4%
Short IP -11%
Long JBLU -27% (eliminated on Thursday)
Short KBE -17%
Short MTD -10%
Short TTWO -14%
Short VIP -14%
Long HBU.to +11%
Long HND.to +20%
Long K.to +2%
Long MRU/a.to -1%
Of course one week does not prove anything. My portfolio is also very much primed for downward movements in the stock market. Therefore, I will be inclined to add to my long positions on Monday in order to reduce risk.
I have posted a few long and short candidates that caught my eye today: