A few weeks ago, I introduced MarketClub's new Internet portfolio. This portfolio consists of five major stocks that are heavily involved with the Internet. Today I thought I would revisit this portfolio and share with you the current positions and money management stops. Last year this portfolio produced a positive 65% return on invested capital. No one has a crystal ball that can say exactly what is going to happen to the markets in 2014. However, I do feel that the odds of these five Internet stocks moving either to the upside or the downside is very high. As traders, we need to have movement in order to make money. We cannot make money in stocks that are stagnant and moving sideways. That's why it's important to have diversification in any portfolio. In MarketClub's Internet portfolio: Facebook (FB) - Driven by advertising and social media. Netflix (NFLX) - The #1 streaming video and DVD delivery service. Yelp (YELP) - Provides reviews and comments on restaurants, cafes and other points of interest. Yahoo (YHOO) - A little bit of everything, but does own a large stake in Alibaba. Amazon (AMZN) - The e-commerce juggernaut of the Internet for selling products. I am confident that these five stocks will have big movements either to the upside or the downside. They are part of both the American and world culture and commerce and their importance cannot be ignored. Here are the current positions in our Internet portfolio. CURRENT POSITIONS: Facebook Inc. (NASDAQ:FB) Current Position: SIDELINES @ 66.51 Entered On: 3/21/14 Alert until 5/09/14 ENTER on a GREEN WEEKLY Trade Triangle @ 63.65 Netflix Inc. (NASDAQ:NFLX) Current Position: SHORT @ 312.10 Entered On: 4/28/14 Alert until 5/09/14 EXIT on a GREEN WEEKLY Trade Triangle @ 380.88 Yelp Inc. (NYSE:YELP) Current Position: SHORT @ 66.47 Entered On: 4/4/14 Alert until 5/09/14 EXIT on a GREEN WEEKLY Trade Triangle @ 68.96 Yahoo! Inc. (NASDAQ:YHOO) Current Position: SHORT @ 34.45 Entered On: 4/4/13 Alert until 5/09/14 EXIT on a GREEN WEEKLY Trade Triangle @ 37.30 Amazon.com Inc. (NASDAQ:AMZN) Current Position: SHORT @ 354.48 Entered On: 3/24/14 Alert until 5/09/14 EXIT on a GREEN WEEKLY Trade Triangle @ 337.50 If you're not familiar with MarketClub's three model portfolios, I invite you to check them out. In addition to the Internet portfolio, we also have a portfolio that is largely futures driven which is our World Cup Portfolio. It has produced triple digit returns over the last several years. Lastly, we have the Perfect ETF portfolio, which is suitable for IRAs and 401(k)s plans and is very conservative.
You are now leaving a Magnifi Communities’ website and are going to a website that is not operated by Magnifi Communities. This website is operated by Magnifi LLC, an SEC registered investment adviser affiliated with Magnifi Communities.
Magnifi Communities does not endorse this website, its sponsor, or any of the policies, activities, products, or services offered on the site. We are not responsible for the content or availability of linked site.