We currently hold only three positions. Of the three positions one, Crew Energy, is quite profitable and has been a superb performer recently. Gran Tierra is in a nice profit position now and the last one Surge Energy, while recovering is still in a modest loss position. We expect to add to all three positions on the next low risk BUY signal as well as add many additional ideas.
With the sharp run up in the energy sector of the last few weeks, this parabolic move seems to be another blow-off and we know how parabolic moves end after they roll over.
For now we will watch for the start of decline in the sector and wait for the next S&P Energy Bullish Percent BUY signal to be triggered. When it is triggered we will add back some of the ideas harvested and also add new ideas from the new coverage area of pipelines & infrastructure. We are sitting with cash and defensive positions until it is time to move the funds back into the best ideas when the next low risk BUY signal arrives.
Patience and perseverance required for now!
You can always find the most recent Action BUY List under REPORTS > Action Alert Lists. (View Action Alert Policies.)