Tuesday, February 1, 2011

ADX Portfolio Strategy - New Buy Signal - YRCW

First off, yes, I understand YRCW is a beaten down old dirty trucking company that had an outsized balance sheet and tons of debt, especially after merging from Yellow and Roadway.

But the ADX momentum indicator is concerned about momentum only - and YRCW is showing upward momentum.

I added YRCW to the ADX portfolio. The current statistics are below in the spreadsheet. All data is based on unrealized gains/losses.

The portfolio closed out 3 trades for January. It currently holds 3 stocks in the portfolio. It is up 5% for the month/year.

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