Portfolios Update: New Adds

Our two portfolios were tested last week. And both were rated very high. The week had two moments very well defined. The firs two days, the market fell sharply. In contrast, in the last three days, some recovery was recorded. It seems that during the next few weeks, the growth experienced by Wall Street will be questioned. The Bears are ready to attack at any time.

For this reason, we consider it prudent to have some mechanisms to safeguard the returns of our portfolios. These mechanisms are mainly two: The first is to combine the positions "long" and "short" properly. The second is to locate properly the levels of "stop".

1.- Short Term Growth Portfolio (STGP).- This portfolio has begun to show greater dynamism in the last days. The cumulative return is about 21%. Last Friday, it closed three positions ( two longs and one short). In turn, we have added two stocks. Be Aerospace Inc. (BEAV) and Mack Cali Realty Corp. (CLI).

2.- Medium Term Growth Portfolio (MTGP).- This portfolio is experiencing a return of 57%. It was not considered mainstream for now any additional stock. The technical conditions of this portfolio is still very solid. It is hoped that its components continue to show good results.