The second quarter of 2013 was largely
profitable for most companies, although there was more stock market volatility
in Q2 compared to Q1. Q2 heralded the
start of a narrowing phase for the stock market where stock selection becomes
much more important than just buying an index ETF and holding.
Following are the results of our stock/ETF trading
recommendations for Q2 2013:
April
11: Bought PNM Resources (PNM) @ 23.61
April 17: Sold PNM @ 22.70 (stopped out)
April 18: Stopped out of PowerShares S&P
500 High Quality Portfolio (SPHQ) @ 17.28; bought at 17.08
April 26: Stopped out of Bristol Myers Squibb
(BMY) @ 40.65
May 6: Bought Cree Inc. (CREE) @ 58.10
May 6: Bought Splunk Inc. (SPLK) @ 43.40
May 11: Took some profit in CREE @ 61.62
May 21: Took some profit in SPLK @ 46.49
June 4: Stopped out of SPLK @ 43.40
June 10: Bought Starbucks Corp. (SBUX) @
65.66
June 24: Stopped out of CREE @ 60.00
June 24: Stopped out of SBUX @ 64.00
