I have had a full plate in the accounts in the month of July but have started trimming and raising cash as the Indexes poke at new highs. The market needs to rest, digest some gains, do some profit taking in my opinion so I want to be prepared for pull-backs to do some new buying.
We are in the heart of earnings season so I increase my focus in that area. This doesn’t mean that I don’t look for regular trades (non-earnings) but I do tend to trim my efforts there while earnings are unfolding.
I have 3 newly added
regular positions that have made it to the weekend: $AIRM $SOHU & $Z. I have exited the $DDD position that I had held since 5/10/2013. I have made several adjustments to existing trades and these are noted on the Summary page with a colored Strategy column entry.
Here is the Summary: