Stock Portfolio Report NYX

The stock portfolio report for my assets has been positive recently, at the same time fluctuating. As I had previously stated, I have pared down my portfolio several weeks back because of risk jitters. Soon there after I flip-flopped and took more money from cash and placed it in individual stocks. My stock portfolio performance has been very good this year save one stock.

That one stock is the New York Stock Exchange (NYX). It has dipped significantly since my original purchase in January, and I have even double and tripled up on it. Last week I took about 30% out because I needed to pay for taxes for an IRA transfer to a Roth IRA. I have faith that NYX will be a long-term success and I will not reduce that position until it turns around and is positive unless some extraordinary circumstances prevent that. Short-term, the New York Stock Exchange (NYX) might have more problems though will not dip below 80, however, it could jump to 100.

When and if this stock rises significantly my overall stock portfolio performance will rise with it. I do not expect this until quarter-earnings are reported in a couple months.

Written by Nagel on June 9th, 2007 with no comments.
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