Channeling Stocks Update

No blog today but I did cover my DO short in the Channeling Stocks Portfolio. Below is the table of current and closed positions. In this market, a much better recipe to be playing is the Channel Breakout strategy. Once a stock breaks out of its channel, it has a strong tendency to continue moving in that direction. Here’s a list of non-ETF stocks that have recently broke out of their channels: AAPL, AMTD, BBW, CEC, DTV, FLS, KBH, LAZ, MCHP, MHP, NBL, NVDA, ORCL, PANL, PCAR, SEED, SPAR, ZRAN, and ZUMZ (Zumiez) which broke out today.

Click on table to enlarge.

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