Market Notes
Ol’ Dr. Kris is excited that the Dow Transports (DTX) FINALLY managed to close above the pesky 454 level–not by much, but just enough. Too bad the other indices didn’t follow suit, but as they say, tomorrow is another day. We’ll see if end-of-month window dressing can force them into the bull ring. Ole!
New Long Portfolio
Today’s portfolio selections come from the following *Blue Plate Specials* lists: Breaking out to new highs (3), Breaking out to new highs on lower volume (4), Darlings of the Day (1), and Low-priced Leaders (4).
Today’s portfolio close-out
The 9/14 portfolio was cashed out for almost a 4% gain. All were winners. Being a cheesehead I’m rather sorry that the only non-performer was Wisconsin Energy (WEC).
Tomorrow, the 9/15 portfolio will be sold.
[See 4/21/10 blog for further details on how these portfolios are constructed.]