Top picks for today. (Above 50% is what i focus on for additions)
Was able to get a solid position prior to this XLE rally. The model kept me heavier cash early last week as it was making less than 10 picks per day. Then became more active after the pullback. Picking 28 Thursday, 18 Friday and 16 yesterday. Only 10 picks today. I will add those. And then i will do more cleaning later in the day. Since this is a 5-day model, I will trim positions from last Wednesday and tomorrow I will need to clean out the 28 trades from last Thursday.
My main thesis for this is XLE's range for the year will be 50-70, so buy XLE on the dips and play the rallies.
