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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Sunday, October 17, 2010
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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Thursday, September 16, 2010
Being Patient With Covidien
We noticed Covidien (COV) at 36.05 on June 13, 2009. Since then, it had a good run and hovered at the 52.00 level between January 20 and April 20 of this year. Not bad, if you chose to sell; but we are not going to talk about "what could have been". If you are still holding on to the stock, all you have to show is about 1.9% in dividends plus a 5.1% gain in stock value, that is still alright in this day and age.
Yesterday COV's stock price touched the 50 day moving average at 38.27 and closing just below it at 37.90, I expect the move in the next two days to be up and break above that line, if so, we can see a sharp increase in price in the following week or two. Good time to buy again or increase our long position in Covidien.
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Yesterday COV's stock price touched the 50 day moving average at 38.27 and closing just below it at 37.90, I expect the move in the next two days to be up and break above that line, if so, we can see a sharp increase in price in the following week or two. Good time to buy again or increase our long position in Covidien.
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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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Bouncing Back
It is still early but we may have been right on our call of August 12, 2010. The S&P500 index held its ground at around the 1050 level (closed at 1047.22 on 8/26/10) and since then, in nearly four weeks, it has gained about 6% from those lows.
Technically, I could see a continuation of the uptrend for at least the next quarter. This may be a good time to pick up some bargains.
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Technically, I could see a continuation of the uptrend for at least the next quarter. This may be a good time to pick up some bargains.
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Thursday, August 12, 2010
...and the beat goes on
Yesterday, we experienced a tremendous beating of most of the markets and individual stocks. This morning, we expect that the downtrend to continue in a significant manner, at least for the early part of the trading day.
If the S&P 500 Index closes today below the 50 day moving average at 1087, then the downward momentum will continue with the next support level at 1023, that would represent an additional 6% drop in the index.
Should the index retreat reach near the 1050 level and bounce back in the next two weeks, then we can view the chart as having formed a reverse "head and shoulders pattern". In that case, it may be a good time to go bottom fishing for some bargains. These are the times when we position our funds for future profits.
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If the S&P 500 Index closes today below the 50 day moving average at 1087, then the downward momentum will continue with the next support level at 1023, that would represent an additional 6% drop in the index.
Should the index retreat reach near the 1050 level and bounce back in the next two weeks, then we can view the chart as having formed a reverse "head and shoulders pattern". In that case, it may be a good time to go bottom fishing for some bargains. These are the times when we position our funds for future profits.
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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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Wednesday, June 30, 2010
Searching for a Safe Haven in DUK
Our stock holdings have been taking a serious beating as of late. We wonder when the markets will find a consolidation base and reverse the present course. We have experienced the worst Q2 in a while.
For those of us that are trying to weather the storm, and have kept some cash on the sidelines, this may be a good time to look at a relatively safer investment in Duke Energy Corp. (DUK).
DUK is selling this morning at 16.10, dividend yield is at 6.0%, heavy average daily volume of near 10 million shares.
This utility company could be a good place to park funds and get a return that is more attractive than cd's and savings accounts. I don't expect DUK to appreciate greatly since the stock price fluctuations are limited and slow.
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For those of us that are trying to weather the storm, and have kept some cash on the sidelines, this may be a good time to look at a relatively safer investment in Duke Energy Corp. (DUK).
DUK is selling this morning at 16.10, dividend yield is at 6.0%, heavy average daily volume of near 10 million shares.
This utility company could be a good place to park funds and get a return that is more attractive than cd's and savings accounts. I don't expect DUK to appreciate greatly since the stock price fluctuations are limited and slow.
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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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Thursday, April 29, 2010
BINGO! AKAM Gives Us Something to Smile About
On good earnings report, Akamai Technologies, Inc. (AKAM) has gained about 15% in today's early trades.
Back on 2/25/09 I liked AKAM at 18.23, today we see a huge pop and trading at 38.25 (a 110% return in 14 months).
My rule is: too high + too fast = cash-in.
I say take profits and look for other oportunities.
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Back on 2/25/09 I liked AKAM at 18.23, today we see a huge pop and trading at 38.25 (a 110% return in 14 months).
My rule is: too high + too fast = cash-in.
I say take profits and look for other oportunities.
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Wednesday, April 14, 2010
USU on the Upswing
Increasing my long position on USU.
Chart and future prospects look promising, trading this morning at 6.43.
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Chart and future prospects look promising, trading this morning at 6.43.
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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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Thursday, April 01, 2010
Results for "Stocks to Watch - March '10"
For the month of March, this was our watch list and outcome:
Stock Symbol-------3/1/10---------------3/31/10
DECK----------------120.20--------------138.00 (up 14.81%)
ENDP----------------22.75----------------23.69 (up 4.13%)
RTN-----------------56.24----------------57.12 (up 1.56%)
Our average gain for this month was 6.83% compared to the S&P 500 which saw a 5.88% increase in March.
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Stock Symbol-------3/1/10---------------3/31/10
DECK----------------120.20--------------138.00 (up 14.81%)
ENDP----------------22.75----------------23.69 (up 4.13%)
RTN-----------------56.24----------------57.12 (up 1.56%)
Our average gain for this month was 6.83% compared to the S&P 500 which saw a 5.88% increase in March.
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Monday, March 01, 2010
Stocks to Watch - March '10
Watch list for March '10
DECK----120.20
ENDP-----22.75
RTN------56.24
We have chosen a mix of sectors for this month. We'll be checking the performance of these picks by the end of March.
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DECK----120.20
ENDP-----22.75
RTN------56.24
We have chosen a mix of sectors for this month. We'll be checking the performance of these picks by the end of March.
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Results for "Stocks to Watch - February '10"
For the month of February, we chose to follow these stocks :
Stock Symbol-------2/2/10---------------2/26/10
AMGN----------------58.72----------------56.61 (down 3.59%)
CEPH----------------64.80----------------68.67 (up 5.97%)
GENZ----------------54.19----------------57.20 (up 5.55%)
Our average gain for this month was 2.64% compared to the S&P 500 which saw a 2.85% increase in February.
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Stock Symbol-------2/2/10---------------2/26/10
AMGN----------------58.72----------------56.61 (down 3.59%)
CEPH----------------64.80----------------68.67 (up 5.97%)
GENZ----------------54.19----------------57.20 (up 5.55%)
Our average gain for this month was 2.64% compared to the S&P 500 which saw a 2.85% increase in February.
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