First, let's take a look at the state of Llama Portfolio. It is now at a position of -0.07% against its original value of 50,000 :) 2 weeks of tumble rumble effort has gotten some results in rescuing the Llama portfolio.
Cash is maintained at a high level to capture the next opportunity. Be it in Tumble Rumble, or in any big news ahead. Meanwhile, attention is on oil as US-Iran relationship warms up, pushing oil prices low. ECB has also lowered its interest rate; implying that US is about to do the same too.
My principle is to see where oil prices move. If it goes down, I buy some. If it goes up, I will stay out.
Let's move on to talk about the actions in Llama portfolio for this week then.
Napco Security Technologies Inc (NSSC)
Above picture to give you a sense of...