|Day Low/High||11.62 / 12.01|
|52 Wk Low/High||6.50 / 15.72|
We added one new name to the Bullpen during a holiday-shortened week that ended with the worst daily decline since late June.
We added to two portfolio positions this week and also used market strength to book some profits.
In a largely quiet week for the market, we exited one position and trimmed 2 others, booking profits in each case.
Builders FirstSource and CalAtlantic will benefit from improving market conditions.
We used market volatility to add a new position this week and add take profits in another holding.
We used market volatility this week to close one position and add to two others.
It was a busy time of earnings reports for the model portfolio, as the market rose for the sixth straight week.
Second Quarter profit growth substantial, led by acquisition synergy cost savings
Ballantyne Strong, Builders FirstSource, Kratos Defense & Security and Therapeutics MD are on tap for after-hours releases.
Trade-Ideas LLC identified Builders FirstSource (BLDR) as a pre-market mover with heavy volume candidate
Trade-Ideas LLC identified Builders FirstSource (BLDR) as a strong on high relative volume candidate
Builders FirstSource, CalAtlantic and McDermott are scheduled to report after today's close.
Several names in the model portfolio experienced increased volatility, despite U.S. stocks posting just fractional losses this week and holding near record highs.
We made just one trade for the model portfolio this week as the market ended with a fractional loss.