About one month ago I expected KRO to continue its upward momentum and surpass the near term overhead resistance of 25.55, that event did not come to fruition.
The stock price retrieved and formed a small base at 22 before recovering and, in the past four trading sessions, it has crossed and maintained above the 50 day moving average of 23.54
Again, I look for this stock to test and breach the resistance level. Trading this morning at 24.22, KRO shows some signs of resilience.
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Showing posts with label Stock Watch List. Show all posts
Showing posts with label Stock Watch List. Show all posts
Tuesday, May 01, 2012
Friday, April 20, 2012
Are You Ready to Gamble on EZPW ?
Painfully, EZPW opened this morning with a downward spiral. Hitting an intraday low of 25.82 at about 11:00 am EDT; now, two hours into the trading day, with close to six times the average trading volume it is selling at 26.07.
The question is: are we willing to take a gamble and buy into a possible over reaction looking for a correction and an oversold condition? If you believe in the "Dead Cat Bounce" theory, it may be worth taking a chance.
The question is: are we willing to take a gamble and buy into a possible over reaction looking for a correction and an oversold condition? If you believe in the "Dead Cat Bounce" theory, it may be worth taking a chance.
Thursday, August 04, 2011
Put Up Your DUK 's
While we are getting hammered in the markets, there is no evidence of a let up. Times like these are when traders start to look for signs of stock market capitulation as a signal marking the unpredictable bottom. Capitulation is associated with routs as investors “give up” on stocks entirely and move into less risky investments. What we would see is panic selling on big volumes while the crowd runs for the exits. Although it is usually brief and somewhat terrifying, true capitulation often means that the sell off has finally run its course, and prices begin to feel for the bottom.
To stick our necks out and go long in this environment requires great intestinal fortitude. With that mindset, I feel that a safer route at this time is to load up on Duke Energy Corp. (DUK).
Over the past twenty months, we contemplated DUK as a good alternative to the miserable returns that banks were offering through their CD's and savings accounts. DUK was mentioned in this blog's watch list on 12/1/09 when it was trading at 16.68; then on 6/30/10 we got serious and saw a buying opportunity at 16.10.
The yield that we receive from DUK at the present time is 5.40%, ex-dividend coming up in less than one week (8/10/11), the stock is trading at 18.25 and holding steady (down .20) in an uncertain climate.
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To stick our necks out and go long in this environment requires great intestinal fortitude. With that mindset, I feel that a safer route at this time is to load up on Duke Energy Corp. (DUK).
Over the past twenty months, we contemplated DUK as a good alternative to the miserable returns that banks were offering through their CD's and savings accounts. DUK was mentioned in this blog's watch list on 12/1/09 when it was trading at 16.68; then on 6/30/10 we got serious and saw a buying opportunity at 16.10.
The yield that we receive from DUK at the present time is 5.40%, ex-dividend coming up in less than one week (8/10/11), the stock is trading at 18.25 and holding steady (down .20) in an uncertain climate.
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Monday, July 18, 2011
Abandon the AVT Ship!
We have held our expectations a bit high for an early choice, Avnet Inc. (AVT).
Caught our eye on 6/5/08 at 30.33.
Resurfaced on our watch list on 10/17/10 for a chance to lower the average cost and buy it at 27.63. Overall, the average cost was 28.98.
Stock action for AVT has been less than desirable. I say, let's drop it and call it even.
Technically, the stock price has deteriorated from the highs on 5/12/11 of 38.00; at this point, trading at 28.91 I see no support level until it reaches 22.50, a possible scenario.
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Caught our eye on 6/5/08 at 30.33.
Resurfaced on our watch list on 10/17/10 for a chance to lower the average cost and buy it at 27.63. Overall, the average cost was 28.98.
Stock action for AVT has been less than desirable. I say, let's drop it and call it even.
Technically, the stock price has deteriorated from the highs on 5/12/11 of 38.00; at this point, trading at 28.91 I see no support level until it reaches 22.50, a possible scenario.
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Thursday, June 16, 2011
We Have Hit the Jackpot with SUG
During the last three years SUG was mentioned on many occasions in this blog as a buy candidate.
Commented on 5/23/08 at 26.42.
Liked it even better on 1/29/09 to lower the average cost and buy it at 13.30.
Added to choice stocks on 7/25/09 at 19.80.
Featured on the watch list on 8/19/09 at 19.04.
Again included in the watch list on 8/22/09 at 20.85.
We have had several opportunities to load up on SUG. For those who took advantage of these observations, kudos to you!
Today, Energy Transfer Equity announced that it is buying Southern Union Co. (SUG) for 33.00 per share... JACKPOT!!!
Trading at this time for 33.15 on the news, I am glad to cash in on a long awaited result.
This transaction represents a 25.5% return from the original comment price, not including an average yield of about 2.5%.
Had those of you who followed this security bought into weakness, you may have realized a total profit of nearly 75% over the past three years while the S&P 500 experienced an 8% loss, nothing to sneeze at.
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Commented on 5/23/08 at 26.42.
Liked it even better on 1/29/09 to lower the average cost and buy it at 13.30.
Added to choice stocks on 7/25/09 at 19.80.
Featured on the watch list on 8/19/09 at 19.04.
Again included in the watch list on 8/22/09 at 20.85.
We have had several opportunities to load up on SUG. For those who took advantage of these observations, kudos to you!
Today, Energy Transfer Equity announced that it is buying Southern Union Co. (SUG) for 33.00 per share... JACKPOT!!!
Trading at this time for 33.15 on the news, I am glad to cash in on a long awaited result.
This transaction represents a 25.5% return from the original comment price, not including an average yield of about 2.5%.
Had those of you who followed this security bought into weakness, you may have realized a total profit of nearly 75% over the past three years while the S&P 500 experienced an 8% loss, nothing to sneeze at.
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Wednesday, March 30, 2011
CEPH Receives a Hostile Bid
Had my eye on this one (CEPH) since November '09. Kept it in my watch list into February '10. Pulled the trigger on November 24, '10 at 64.10.
Today, CEPH received a hostile bid from Valeant for 73.00 per share. With a trading price of about 75.20, it is a good time to exit.
Sure, hostile takeovers may attract other suitors and higher bids... but then, the deal could fall apart.
Sudden spikes concern me and, with gains of 17.30% in four months, I would not hesitate to cash in.
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Today, CEPH received a hostile bid from Valeant for 73.00 per share. With a trading price of about 75.20, it is a good time to exit.
Sure, hostile takeovers may attract other suitors and higher bids... but then, the deal could fall apart.
Sudden spikes concern me and, with gains of 17.30% in four months, I would not hesitate to cash in.
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Monday, March 07, 2011
Stocks to Watch - March 7, '11
Watch list for March 7, 2011
BX------------18.18
STO-----------27.67
BX is into asset management; I still like STO.
We'll be checking the performance of these picks in a few weeks.
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BX------------18.18
STO-----------27.67
BX is into asset management; I still like STO.
We'll be checking the performance of these picks in a few weeks.
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Results for "Stocks to Watch - Oct 17, '10"
It has been a while, four and one half months to be exact, since I wrote about a stock watch list.
Unpredictable turn of events led to choppy markets and a more difficult environment for a stock picker.
For the period of 10/17/10 thru 3/4/11, this was our watch list and outcome:
Stock Symbol-------10/17/10------------------3/4/11
AVT------------------27.63-------------------34.18 (up 23.71%)
STO------------------22.08-------------------27.67 (up 25.32%)
WATG----------------10.07--------------------6.85 (down 31.98%)
The outcome was not so good, WATG has been on a slide and was the only pick that kept the average returns down, bad choice.
Our average gain for this period was 5.68% while the S&P 500 rose about 12.32% in the same stretch of time.
We'll sharpen up our pencils and try to do better.
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Unpredictable turn of events led to choppy markets and a more difficult environment for a stock picker.
For the period of 10/17/10 thru 3/4/11, this was our watch list and outcome:
Stock Symbol-------10/17/10------------------3/4/11
AVT------------------27.63-------------------34.18 (up 23.71%)
STO------------------22.08-------------------27.67 (up 25.32%)
WATG----------------10.07--------------------6.85 (down 31.98%)
The outcome was not so good, WATG has been on a slide and was the only pick that kept the average returns down, bad choice.
Our average gain for this period was 5.68% while the S&P 500 rose about 12.32% in the same stretch of time.
We'll sharpen up our pencils and try to do better.
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Monday, November 29, 2010
BCE is Still Sending Good Signals
I wrote about BCE about one year ago (see 11/17/09 blog). Since then, we have seen a gain of 31.6% (not including a 5.7% dividend), a very respectable return. On three ocasions BCE was highlighted in this blog's "stocks to Watch" list.
An updated view of BCE's attractive signs are:
•Fine chart pattern.
•Consistent uptrend and signifficant support at 32, the long term rising bottom's line.
•A good average daily volume of over 705,000 shares.
•A very nice dividend yield of 5.2%, ex-dividend date is only 14 days away.
•Forward P/E ratio is at 11.48.
At this point, I am inclined to increase a long position in BCE (trading this morning at 33.83).
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An updated view of BCE's attractive signs are:
•Fine chart pattern.
•Consistent uptrend and signifficant support at 32, the long term rising bottom's line.
•A good average daily volume of over 705,000 shares.
•A very nice dividend yield of 5.2%, ex-dividend date is only 14 days away.
•Forward P/E ratio is at 11.48.
At this point, I am inclined to increase a long position in BCE (trading this morning at 33.83).
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Sunday, October 17, 2010
Stocks to Watch - October 17, 2010
Watch list for October 17, 2010
AVT-----------27.63
STO-----------22.08
WATG--------10.07
AVT distributes electronics, STO is a Norwegian oil and gas company, WATG is a Chinese auto parts manufacturer.
We'll be checking the performance of these picks in a few weeks.
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AVT-----------27.63
STO-----------22.08
WATG--------10.07
AVT distributes electronics, STO is a Norwegian oil and gas company, WATG is a Chinese auto parts manufacturer.
We'll be checking the performance of these picks in a few weeks.
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Results for "Stocks to Watch - Sept 13, '10"
For the period of 9/13/10 thru 10/15/10, this was our watch list and outcome:
Stock Symbol-------9/13/10----------------10/15/10
BCE------------------31.85-------------------33.57 (up 5.40%)
FMCN----------------20.36-------------------24.00 (up 17.88%)
NVS------------------54.42-------------------59.02 (up 8.45%)
The outcome was very good, our average gain for this period was 10.58% while the S&P 500 gained about 4.84% during the same interval of time.
We are back on track.
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Stock Symbol-------9/13/10----------------10/15/10
BCE------------------31.85-------------------33.57 (up 5.40%)
FMCN----------------20.36-------------------24.00 (up 17.88%)
NVS------------------54.42-------------------59.02 (up 8.45%)
The outcome was very good, our average gain for this period was 10.58% while the S&P 500 gained about 4.84% during the same interval of time.
We are back on track.
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Monday, September 13, 2010
Stocks to Watch - September 13, 2010
Watch list for September 13, 2010
BCE--------31.85
FMCN------20.36
NVS--------54.42
Rather than issuing a new list at the begining of each month, I think it is better to let market conditions dictate the timing in which we pick the stocks which show a hint of a positive outlook.
Still like NVS, a foreign drug company; BCE, a Canadian telecom and FMCN, a Chinese advertising firm.
We'll be checking the performance of these picks in a few weeks.
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BCE--------31.85
FMCN------20.36
NVS--------54.42
Rather than issuing a new list at the begining of each month, I think it is better to let market conditions dictate the timing in which we pick the stocks which show a hint of a positive outlook.
Still like NVS, a foreign drug company; BCE, a Canadian telecom and FMCN, a Chinese advertising firm.
We'll be checking the performance of these picks in a few weeks.
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Saturday, August 07, 2010
Results for "Stocks to Watch - July '10"
A bit late with the results but here they go:
For the part of the month of July, this was our watch list and outcome:
Stock Symbol-------7/11/10---------------7/31/10
NLY-----------------18.15-----------------17.40 (down 4.31%)
NVS-----------------49.55-----------------48.74 (down 1.66%)
The outcome was not good, our average loss for this period was 2.99% while the S&P 500 gained about 2.19% from 7/11/10 thru 7/31/10.
Back to the drawing board.
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For the part of the month of July, this was our watch list and outcome:
Stock Symbol-------7/11/10---------------7/31/10
NLY-----------------18.15-----------------17.40 (down 4.31%)
NVS-----------------49.55-----------------48.74 (down 1.66%)
The outcome was not good, our average loss for this period was 2.99% while the S&P 500 gained about 2.19% from 7/11/10 thru 7/31/10.
Back to the drawing board.
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Sunday, July 11, 2010
Stocks to Watch - July '10
Watch list for July '10
NLY--------18.15
NVS--------49.55
We issued this list a bit late this month, still like NLY and included a foreign drug company. We'll be checking the performance of these picks by the end of July.
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NLY--------18.15
NVS--------49.55
We issued this list a bit late this month, still like NLY and included a foreign drug company. We'll be checking the performance of these picks by the end of July.
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Tuesday, July 06, 2010
Results for "Stocks to Watch - June '10"
For the month of June, this was our watch list and outcome:
Stock Symbol-------6/1/10---------------6/30/10
NLY-----------------16.96-----------------17.15 (up 1.12%)
QSFT----------------19.35----------------18.04 (down 9.32%)
The outcome was dismal, our average loss for this month was 4.10% while the S&P 500 declined about 5.39% in June, thus closing a painful Q2.
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Stock Symbol-------6/1/10---------------6/30/10
NLY-----------------16.96-----------------17.15 (up 1.12%)
QSFT----------------19.35----------------18.04 (down 9.32%)
The outcome was dismal, our average loss for this month was 4.10% while the S&P 500 declined about 5.39% in June, thus closing a painful Q2.
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Monday, May 31, 2010
Stocks to Watch - June '10
Watch list for June '10
NLY--------16.96
QSFT------19.35
This month we have a financial and a technology company. We'll be checking the performance of these picks by the end of June.
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NLY--------16.96
QSFT------19.35
This month we have a financial and a technology company. We'll be checking the performance of these picks by the end of June.
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Results for "Stocks to Watch - May '10"
For the month of May, this was our watch list and outcome:
Stock Symbol-------5/1/10---------------5/31/10
AYR-----------------12.01-----------------9.85 (down 17.99%)
NOC-----------------67.83----------------60.49 (down 10.82%)
Results were not memorable, our average loss for this month was 14.40% compared to the S&P 500 which declined about 9.18% in May, not a good show for those of us who remained long in the market.
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Stock Symbol-------5/1/10---------------5/31/10
AYR-----------------12.01-----------------9.85 (down 17.99%)
NOC-----------------67.83----------------60.49 (down 10.82%)
Results were not memorable, our average loss for this month was 14.40% compared to the S&P 500 which declined about 9.18% in May, not a good show for those of us who remained long in the market.
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Saturday, May 01, 2010
Stocks to Watch - May '10
Watch list for May '10
AYR-------12.01
NOC-------67.83
This month we have an aircraft leasing and an aerospace/defense company. We'll be checking the performance of these picks by the end of May.
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AYR-------12.01
NOC-------67.83
This month we have an aircraft leasing and an aerospace/defense company. We'll be checking the performance of these picks by the end of May.
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Results for "Stocks to Watch - April '10"
For the month of April, this was our watch list and outcome:
Stock Symbol-------4/1/10---------------4/30/10
AAN----------------22.53----------------22.57 (up .16%)
AIZ-----------------34.89----------------36.43 (up 4.41%)
RCII----------------23.87----------------25.82 (up 8.17%)
Our average gain for this month was 4.25% compared to the S&P 500 which saw a 1.48% increase in April.
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Stock Symbol-------4/1/10---------------4/30/10
AAN----------------22.53----------------22.57 (up .16%)
AIZ-----------------34.89----------------36.43 (up 4.41%)
RCII----------------23.87----------------25.82 (up 8.17%)
Our average gain for this month was 4.25% compared to the S&P 500 which saw a 1.48% increase in April.
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Friday, April 02, 2010
Stocks to Watch - April '10
Watch list for April '10
AAN------22.53 (after 3/2 split on 4/16/10)
AIZ-------34.89
RCII------23.87
This month we have a retailer, an insurance company and a rental company. We'll be checking the performance of these picks by the end of April.
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AAN------22.53 (after 3/2 split on 4/16/10)
AIZ-------34.89
RCII------23.87
This month we have a retailer, an insurance company and a rental company. We'll be checking the performance of these picks by the end of April.
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