Read the Beforeitsnews.com story here. Advertise at Before It's News here.
Profile image
By Philstockworld (Reporter)
Contributor profile | More stories
Story Views
Now:
Last hour:
Last 24 hours:
Total:

PhilStockWorld September Portfolio Review – Part 1

% of readers think this story is Fact. Add your two cents.


Image result for one million dollars animated gifImage result for one million dollars animated gif$2,167,659!  

That is up $15,088 on our paired portfolios since our last review and, I am very happy to say, $1,878,544 (86.6%) of it is now CASH!!!  We cut about half of our Long-Term Portfolio (LTP) positions but then we added 5 more in past month and we are very well-hedged in the Short-Term Portfolio (STP), with roughly $500,000 worth of downside protection against a 20% drop in the S&P 500 so, at the moment, we probably make more money on a drop than we would on a pop.

The S&P 500 is hovering right about where it was on August 17th, when I wrote: “Top of the Market Tuesday – Cashing Out While We Can” so I’m not going to rehash our reasons.  In fact, the Friday before that (13th), the S&P had finished the week at 4,450 and this morning we’re at 4,466 and we’ll see how that holds up into Quad Witching tomorrw.  

As I noted in yesterday morning’s report, the S&P 500 has been week this month and 4,480 is the Strong Bounce line, according to our 5% Rule™, so we’ll see how that goes into the weekend.  It doesn’t affect our well-balanced portfolios and we have no intention of getting too bullish again ahead of earnings next month but we are finding bargains and some of the biggest bargains are sitting right in our portfolios!  

These are the positions that have survived the gauntlet of several purges and we have 40 positions that are using $368,250 in cash and $555,000 in margin that can easily make another $500,000 (54%) over the next 12 months.  At this point in the cycle (toppy and looking to correct), we shouldn’t have any position that we wouldn’t be THRILLED to double down on if it drops 40% – meaning we would ride out a 20% correction and see what happens.

  • Short Puts – These are all stocks we REALLY would like to own at the net price.  We just sold 10 AAPL Sept 2023 $105 puts for $7 and that puts us in 1,000 shares at net $98 – yes PLEASE!!!  If that doesn’t happen, we get to keep the

Provided courtesy of Phil’s Stock World.

To read the rest of this article now, along with Phil’s live intra-day comments, live trading ideas, Phil’s market calls, additional member comments, and other members-only features – Come to the winning side at Phil’s Stock World by clicking here.

To sign-up for a free trial membership, click here.



Source: https://www.philstockworld.com/2021/09/16/philstockworld-september-portfolio-review-part-1/?utm_source=beforeitsnews&utm_medium=feed&utm_campaign=psw-feeds&utm_content=article-link


Before It’s News® is a community of individuals who report on what’s going on around them, from all around the world.

Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.

"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.

Please Help Support BeforeitsNews by trying our Natural Health Products below!


Order by Phone at 888-809-8385 or online at https://mitocopper.com M - F 9am to 5pm EST

Order by Phone at 888-388-7003 or online at https://www.herbanomic.com M - F 9am to 5pm EST

Order by Phone at 888-388-7003 or online at https://www.herbanomics.com M - F 9am to 5pm EST


Humic & Fulvic Trace Minerals Complex - Nature's most important supplement! Vivid Dreams again!

HNEX HydroNano EXtracellular Water - Improve immune system health and reduce inflammation

Ultimate Clinical Potency Curcumin - Natural pain relief, reduce inflammation and so much more.

MitoCopper - Bioavailable Copper destroys pathogens and gives you more energy. (See Blood Video)
Oxy Powder - Natural Colon Cleanser!  Cleans out toxic buildup with oxygen! 
Nascent Iodine - Promotes detoxification, mental focus and thyroid health.
Smart Meter Cover -  Reduces Smart Meter radiation by 96%!  (See Video)

Immusist Beverage Concentrate - Proprietary blend, formulated to reduce inflammation while hydrating and oxygenating the cells.

Report abuse

    Comments

    Your Comments
    Question   Razz  Sad   Evil  Exclaim  Smile  Redface  Biggrin  Surprised  Eek   Confused   Cool  LOL   Mad   Twisted  Rolleyes   Wink  Idea  Arrow  Neutral  Cry   Mr. Green

    MOST RECENT
    Load more ...

    SignUp

    Login

    Newsletter

    Email this story
    Email this story

    If you really want to ban this commenter, please write down the reason:

    If you really want to disable all recommended stories, click on OK button. After that, you will be redirect to your options page.