Pete and Teresa review the following stocks: CIEN, BF.B, NKE, UA, DMND, MCP, CLNE, PLL, HIBB, DKS, CTSH, HWD, EWZ, PNC, MET, SKH, DBLE, JDSU, EXFO, MERC, FNSR, ALLT, IPGP, BRKS, IO.
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Thank you Pete for the chart review; is the thought to wait for earnings for UA? The chart looks compelling, and I like the products.
One question about diversification. Yes, keep position size commensurate with volatility. But would it make sense to also hold $20K TLT and $20K GLD for every $100K in stocks, thus mimicking the Satellite?
Hi Tony,
We suggest that members have a “mad money” account for stocks, and say we follow the 2 percent rule where no position is allowed to exceed 2% of your capital. 2% x 10 stocks = 20% of total money invested in the stock market. The rest of the funds would go to the Core/Satellite portfolios.