Medium Term Growth Portfolio

Yesterday, the MTG Portfolio benefited from the rising market. Despite the deterioration experienced by Wall Street a day earlier, the market return its upward trend. From the early hours in the morning, the bulls took control of the market and did not quit until 4.00 pm. This benefited the stocks that make up this portfolio. Mainly because these are showing a great performance and react very favorable to the market rises. Yesterday, was incorporated into this portfolio to Golar Lng Limited (GLNG) at the closing price.

Medium Term Growth Portfolio (MTG) includes two types of stocks.  One the one hand, select stocks that are showing outstanding performance in the last 26 weeks. Stock picks are carefully performed taking into consideration various factors such as the Daily volume of shares, the price performance during this period and the momentum. In this process we used five technical indicators. Some of them, try to identify the trend of stocks and others are oscillators.These elements allow us to select "long positions".

On the other hand, consider stocks that are showing very poor performance in the last 52 weeks. Stock picks are made carefully taking into consideration various factors such as the daily volume of shares (must be high enough to close a position quickly), the evolution of prices during this period and the momentum. In this process, we use also, five technical indicators. Some of them try to identify the trend of stocks and other are oscillators. These elements allow us to select the "short positions".

The average tenure of a stock in this portfolio varies between 10 and 26 weeks. The number of stocks in this portfolio varies between 8 and 12.