The NASDAQ All Stars trailed the QQQ’s 3% gain this week, but remain slightly ahead of the QQQ’s year-to-date with a 5.5% return.
There were not any changes in positions this week, and none of our positions are very close to a stop or target. However, AVGO has just broken out to new highs and it certainly could reach its next target if it has a strong week.
With little more than a week to go in the month it seems likely that WFM and SPLS could be replaced given they have fallen so far out of the top 5 ranking, but don’t assume anything, a lot can happen in a week.
Below you’ll find a snapshot of each position:
For more information about the current and closed positions go to the Model Portfolio section of your NASDAQ 100 All Stars member area.
Best wishes for your trading,
Geoff Bysshe