Market Gameplan….and Portfolio Updates

I had a great week considering all the messed up bodily functions.

Salesforce is at all-time highs, Apple is still cooking, Amazon did not blow up, I had a good agriculture trade to the short side, and my two financial stocks Verizon and American Express are doing fine.

My gold positions were shellacked and my China short (FXP) was hammered. I am still holding my Netflix small position.

My bottom fish in Smith and Wesson is also working out.

There are some tough market conditions still prevailing. Wal-Mart is near all-time highs, but the rest of retail is in the toilet. The financial news gets worse, but the stocks are rallying. Bank of Hawaii (BOH) is at all-time highs by the way.

Eric from Blackstar sent me his most interesting looking stocks near or at all-time highs:

GDI
LTC
BOH
WAB
RBA
GWR
SNH
ARO
ACC
AIXG

I am adding a few breakouts next week and will allocate additional money to Blackstar’s long/short equity fund again in May. (They are fractionally higher on the year).