I have the following stocks in my account: qcom, unh, fdx, xbi, bbby, xlb, fis, ftnt, rh, mlco, okta, kbh, crc, okta, nvda, cpri, amd, fhl, mu What are the ones you like or dislike?
How many of those are longs & shorts ? Have you payed attention to their correlation with each other & Beta, when building it ? Are you long on Qcom, if so, will you ride, potentially till $100 ? Im currious, Thank you.
All longs. Paid some attention to correlation. Of these names, most bullish on qcom; it will get to $98 .
Is that pure technicals or fundamentals too ? If pyramiding & if another 1%/2% down, i would add, just a little bit more, Beta 0.74 + close to trend line soon. (watching through mobile app, might be wrong )
Qcom: 2/3 of the analysts are bullish on the legal settlement, 1/3 is waiting for the earnings to seek clarification on the details of the settlement. FTC lawsuit will conclude at any moment. Further upside will be propelled by these two events (earnings & FTC). FIS: its peers are down too in April...
How much you are making on your portfolio? Why did you choose such portfolio in a first place? What is your trading strategy? I think that we could give you better advise which stocks are good for you to hold, if we have more information on your rationale