MONSTER PORTFOLIO 2011
Balance: Inception 01/07/11
$1977.32 Stock
$13.65 Cash
Total $1990.97
Balance: Week 10 03/28/11
$2074.83 Stock
$58.16 Cash
Total $2,132.99
Excluding cash inflow of $187.00 we have a balance of $1,945.99. Coming back! I need a fire to light under Apple and Weatherford. Weatherford (WFT) was smoking today! Up +4.28%. I picked up some more WFT this morning. I didn't get it for a rock bottom price, but I'm happy with the closing price. With the recent news of increased production of oil in Saudi Arabia, WFT should get a nice lift in it's stock price over the next few months, as WFT has a strong presence in the Middle East. Remember this stock was trading in excess of $26.00 a share roughly 6 weeks ago. WFT has plenty of room to run. For all of you that follow charts this appears to be the 2nd day of a bullish upward trend. With trading volume in excess of 27 Million shares today, I'd say someone is buying this stock like crazy. I don't like to chase stocks, but I believe WFT will continue to go up. It feels good to have both Apple and WFT up on the same day. Maybe I will finally get a break with the Monster Portfolio 2011!
Since Inception: -2.26%
Current Holdings:
Apple (AAPL)
Cosi Inc. (COSI)
Weatherford International (WFT)
Have a great night!
Clay-
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