It’s Back! Resumption of the *Blue Plate Specials* Portfolios

The past few months has been quite a rollercoaster ride for the market but the fact that the S & P 500 (SPX) stayed above its 40 day moving average (dma)* was the signal for me to initiate the Blue Plate Specials portfolios to the long side. In case you are new to this site, the criteria for selecting the daily portfolios are given in the 4/21/10 blog.

The following candidates were selected from today’s “Breaking out to new highs,” “Breaking out,” and “Darlings of the day” lists. Each position is equally weighted at $1000. Note that no commissions or fees are included in this analysis.


*For you tech geeks, the SPX is above both its arithmetic and exponential averages.

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