Friday, July 29, 2011

Clowns

How did our government get to this point? Self interest and party agenda put before all else. DNS -99, -10, -8.

Trades:

LULU hit its 8% trailing stop, +15.6%.

Value-sales portfolio, +27.1%
The transition to cash continues. LULU is not a stock I wanted to sell, but it wasn't supposed to fall this far, and nothing says it won't fall further. I got an alert that my PVH tsl order had triggered, but the order is still in place even though the criteria was met. That's a first with Fidelity.

The value-sales portfolio dropped to +27.1%.

Reversal alerts: (25).

Earnings growth filter: CAVM and ARBA. CAVM has strong sales and earnings growth with its P/E falling from 45.5 to 27.8. ARBA is showing a new level of earnings with improving sales. It's still a bit pricey with the P/E falling from 194 to 66.

Scanning for green in the reports ...

SPRD has triple-digit YoY sales growth for the last four quarters and is holding a P/E around 7.

MLR has good double-digit sales growth and is holding P/E around 12. IIIN is in a similar position sales-wise, shedding losses with a forward P/E of 14. The chart will appeal to bottom fishers.

MSA is looking at an upturn in earnings if not sales.

Note: recent earnings reports may not be factored into these figures yet.  Do independent research!

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