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Strategies & Market Trends : Underexposed Technical Analysis

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To: Underexposed who wrote (153)8/13/2017 12:58:19 PM
From: Underexposed  Read Replies (2) of 249
 
Update of Fantasy Portfolio as of Aug 11, 2017. A pullback in a bad market week





As you can see, we are making good progress. We seem to be pulling back a bit after each large gain, However, we have consistently having higher highs and higher lows as well. We came close to selling HIIQ this week...it dropped to $30.05 but recovered to $31.40 without tripping the limit Stop-loss trigger of $30.00.

We have only 2 stocks that are really performers - NOMD and HIIQ.

We have 4 stocks that are basically going sideways - ETG, ECC, VMO and GBCP. Why don't we sell these and choose others? Well they are still hanging in there in what has become a difficult market in the last week. It would be difficult to find better for long term growth. It would piss me off to sell one of them only to see it finally take off.

The only real loser of the bunch is MLCO at a loss of -8.43%. I will put in a Limit Stop-Loss order to sell if it falls below $19.45. It gives it a chance to recover but we draw a line in the sand as to how much more we are prepared to lose.

Here is the portfolio status


Underexposed Fantasy Portfolio Value





Initial:
$100,000.00

Cash :
$32,012.04






Date Value %Gain/Loss
28-Apr
$100,000.00

5-May
$101,693.87
1.7%
12-May
$102,748.72
2.7%
19-May
$101,254.65
1.3%
26-May
$102,355.65
2.4%
2-Jun
$103,159.70
3.2%
9-Jun
$102,136.79
2.1%
16-Jun
$103,365.54
3.4%
23-Jun
$103,639.69
3.6%
30-Jun
$102,936.59
2.9%
7-Jul
$102,430.64
2.4%
14-Jul
$103,988.74
4.0%
21-Jul
$105,716.34
5.7%
28-Jul
$104,171.04
4.2%
4-Aug
$106,296.89
6.3%
11-Aug
$105,091.34
5.1%



Current Portfolio as of Aug 11, 2017




















Ticker Company Shares Price Value % Gain/loss












ETG
Eaton Vance Global Dividend income fund
590
$16.80
$9,912.00
0.30%
MLCO
Melco resorts & Entertainment
455
$20.10
$9,145.50
-8.43%
NOMD
Nomad Foods Ltd
760
$14.39
$10,936.40
9.68%
ECC
Eagle Point Credit Co. Inc.
490
$20.32
$9,956.80
-0.39%
VMO
Invesco Municiple Opportunity Trust
750
$13.20
$9,900.00
0.08%
HIIQ
Health Insurance Innovations Inc.
430
$31.40
$13,502.00
41.44%
BGCP
BGC Partners Inc.
780
$12.47
$9,726.60
3.14%



















Total
$73,079.30





ORDERS













HIIQ
Health Insurance Innovations Inc.
Limit
Stop loss
Trigger: $30.00
End:$29.00
effective: Aug 7/17
MLCO
Melco resorts & Entertainment
Limit
Stop loss
Trigger: $19.45
End:$29.30
effective: Aug 11/17
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