This is an update to our latest model portfolio report, 33 Stocks for February 2017.
Unum Group (NYSE:UNM) reached its price target in the theoretical long model portfolio and was assumed closed at the end of trading today.
Stericycle Inc. (NASDAQ:SRCL) reached a stop loss in the theoretical short model portfolio and will be assumed closed at the end of trading tomorrow.
For the MTD, six low-quality stocks in our theoretical short model portfollio have reached been stopped out of their positions. These include Honda Motor Co. Ltd (NYSE:HMC), IAC/InterActiveCorp. (NASDAQ:IAC), Tableau Software (NYSE:DATA), Legg Mason Inc. (NYSE:LM), and US Steel Corp (NYSE:X).
The S&P 500 (NYSEARCA:SPY) is up 2.96% MTD, the theoretical long portfolios are up 3.42%, and the stocks in the theoretical short portfolios are up 4.79% for an assumed short sale loss of -4.79%. The theoretical long/short model is down -1.37%.
Below are the latest price targets and returns for stocks in the theoretical portoflios.
Disclosure: I/we have no positions in any stocks mentioned, but may initiate a long position in OR SHORT POSITION IN ANY OF THE STOCKS MENTIONED over the next 72 hours.
Additional disclosure: There are limitations inherent in our theoretical model results, particularly with the fact that such results do not represent actual trading and they may not reflect the impact material economic and market factors might have had on our decision making if we were actually managing client money.