Disclosure: Will be long most stocks mentioned.
I am just starting a portfolio of about 5 or 6 stocks that have been knocked down during the course of the year, with tax selling adding pressure. The theory is that small cap stocks that performed poorly through tax loss season will rebound in the first couple of weeks in January - hence the "January Effect". So far the stocks I am looking to acquire for this two or three week trade are: CPE LMLP GPIC MEA PDO CRWN and possibly a couple others. I will buy some this week and then double the position next week. My intention is to sell during the second or third week in January.
Disclosure: Will be long most stocks mentioned. |
Paul SaadSenior Manager, Paul Saad and Associates, LLC Archives
May 2020
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