Apollo Global Management, LLC Reaches Long Price Target,Ā Sensata Technologies Holding NV Reaches Short Sale Stop Loss
This is an update to our model portfolio report, 23 Stocks for November 2016.
A long position inĀ Apollo Global Management, LLC (APO) reached its price target today and will be assumed closed and replaced with cash at the end of the next day of trading.Ā
A short sale position inĀ Sensata Technologies Holding NV (ST) hit a stop loss and will also be assumed closed the next day of trading, which is Friday, November 25, 2016.
For the month to date, stocks in the theoretical Core Long Model are up 5.68% and stocks in the theoretical Core Short Model are up 7.51% for the equivalent short sale loss of -7.51%. The equivalent Long/Short Core Model is down 1.83% for the month.
The Opportunistic Long/Short Model, which uses the same basket of stocks as the Core model but adds additional cash allocation rules, is up 0.64% for the month to date (+6.20% -5.57% = +0.64%).
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