Today's Picks for the Tech 100 Model (Image 1) and the Tech All-Cap Model (Image 3)
Been trading these portfolios for the past week. I have also added the backtest for the Tech 100 Model (Image 2) and the All-Cap Model (Image 4)
I still thinking Individual Tech names have upside volatility. The QQQ is currently in the process of trying to bottom. GOOG wont help today. While many of the other names have taken large haircuts already.
Here are some trades from yesterday. I try and stick to tight take profits and stop losses until the market finds a more solid direction.
||buy|sell|||
|:-|:-|:-|:-|:-|
||| |||
|MXL| $ 83.48| $ 87.76|5.1%|5% Target|
|| $ 86.23| $ 88.68|2.8%|\~Model Target|
||||||
|UMAC| $ 19.71| $ 20.21|2.5%|Model Target|
|| $ 19.66| $ 20.66|5.1%|5% Target|
||||||
|RXT| $ 4.25| $ 4.15|\-2.4%|trail stop|
|| $ 4.23| $ 4.10|\-3%|stop |
||||||
|MU| $ 948| $ 972|2.5%|Model Target|
|| $ 946|OPEN|OPEN||
|| $ 954|978|2.5%|Model Target|
||||||
|INTC| $ 103.00| $ 105.61|2.5%|Model Target|
|| $ 103.12| $ 103.65|0.5%|trail stop|
|| $ 104.50|OPEN|OPEN||