HTO: Weekly Update: Beware the Ides of March!
So today was one of my better days on CAPS but one of my worst in real life. My HTO portfolio was down 0.90% for the day while the index was down only 0.15%. Ouch. That put me in the negative for the week (-0.11% vs +0.63%) though I am still ahead 4.39% to 3.11% for the index.
It was a busy week for the portfolio as I expanded it to 31 stocks by adding MPC, NRF, SRT, HSNGY & DTEGY. That brings me up to 31 (I plan to stay in the 24-33 holdings range).
I'm low on cash so unless I one of my current holdings goes bad on me I don't expect to do much buying next week. If I was buying right now, SWY and OMAB are at the top of my wish list (how's THAT for diversification!).
Maybe I need to avoid stocks that start with C. My four negative stocks right now are CCUR, CFI, CRD-B and CYOU (down 11.5, 5.6, 11.3 and 13.5% respectively. F is my best letter with FFCH up 57% and FIBK up 21%.