Below are all of my current Chaikin Power User portfolio holdings. Despite today's market pullback, there was no drawdown. Some bad bearish option trades in February put a drag on our performance, bt we're still up $4,745.91 for the year in our account. Below is our account P/L year to date. We started with a Chaikin Power User account value of $100,000 on January 1, and net of commissions, we're up 1.8% for the year. The broad market is up half a percent for the year (Morningstar Index Returns). A QQQ an unnecessarily large bearish option spread trade, sold in early February just before the market bottomed is the one I want back. It cost us $1,000 and would have put our returns closer to 3% for the quarter. Here's our account statement for the week ending April 8, 2016. This reflects all OPEN positions in my Chaikin Power User Portfolio. We're fully invested. I save about 20% of the total buying power for risk defined option spreads, which can be used as a hedge against directional stock risk (We're trading in an IRA, not a margin account). Right now, we have no bearish options trades on, but with earnings season almost upon us, it's probably time to start looking for hedge trades. Small hedge trades! BOT +600 NAV @12.07 Today I added $NAV to the portfolio. It's very bullish, with all technical indicators lined up in my favor, not to mention heavy insider buying and good financial metrics when one examines "under the hood". Relative Strength buying signals tend to be longer term Chaikin signals. I set the stop 3% below the 30 day moving average, which is my line in the sand for 2016 trend trades.
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June 2017
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