Dec 6, 2011

Having had pretty poor luck on trades this year – and generally bearish on the likelihood of a positive longer-term trend developing anytime soon, I’m going to try a couple of tracking experiments for shorter-term trades. I’ve never been good at this but hopefully can develop the discipline here.

My trading universe is roughly 40 stocks (see JMVF).
Today’s buys are Lincoln Electric (LECO at 39.76 – rating (B)CCAB – Aroon/MAX); Centene (CNC at 37.95 – rating (A)BBAD – MAX); Sensient Technologies (SXT at 36.93 – rating (B)DCBA – MAX), Intel (INTC at 25.35 – rating (B)CCAD – CCI); and Westinghouse Air Brake (WAB at 68.83 – rating (B)CCAB – MAX). SPY baseline is 126.26.