I'm going to kick off the day talking about the one account which has been thriving, and that's my IRA (which was also my best percentage-gainer last year). Regular readers know this is my least flexible account – – no margin, no shorting, no options, no futures. Just cash-only longs are permitted.
In spite of that, it has done, and continues to do, well. My strategy on this one is consistent – – – a multitude of small positions in battered, cheaply-priced stocks that seem to have made a base. LVLT, up 20% in pre-market this morning, is a good example:
You can look at first watch list "Long Stocks (High Risk") to see all my holdings there. I prefer adding positions when the market is really soft, but I'll be scouting around for more picks like these, since I think, percentage-wise, this portfolio has the best prospects for gains in the coming months.
