The beatings shall continue. DNS -276, -53, -32.
MNTA was up 20.9% today. I was fortunate that SPRD and MIC were up today. Everything else, not so much.
Trades:
I've got just about every position protected with trailing stop loss orders. If everything sells, then I'll just wait for the next cycle. I'm taking no profit for granted.
HAYN hit the 8% TSL, +9.9%.
VRTS hit the 5% TSL, +5.5%.
CVI hit the 4% TSL, +1.7%.
The contingent order on my MSCC call options fired and filled, +9.6%.
Reversal alerts: (1).
AEM - kind of a long shot.
Monday, October 31, 2011
Saturday, October 29, 2011
Adding BAS to Watch List
It's getting hard to find good growth candidates that haven't already run very well in the last 3-1/2 weeks.
My earlier strategy as we came out of the bottom was to buy many small positions in my favorite stocks and rotate out of the losers into the winners. But after so many stocks ran so well I was content to let the winners drift down into trailing stop loss orders and sell, then I'd buy something at the bottom of the cycle.
So here we are with oil above $93, and the under-performers are fewer and of lesser quality. On that cautionary note, here's the latest addition to the watch list, BAS. With consistent quarterly sales growth above 60%, and sustaining a higher level of earnings while shedding losses to drop the P/E from 37 to under 9.
My earlier strategy as we came out of the bottom was to buy many small positions in my favorite stocks and rotate out of the losers into the winners. But after so many stocks ran so well I was content to let the winners drift down into trailing stop loss orders and sell, then I'd buy something at the bottom of the cycle.
So here we are with oil above $93, and the under-performers are fewer and of lesser quality. On that cautionary note, here's the latest addition to the watch list, BAS. With consistent quarterly sales growth above 60%, and sustaining a higher level of earnings while shedding losses to drop the P/E from 37 to under 9.
| EPS Growth | |||
|---|---|---|---|
| Prev Yr | Past Yr | Growth | P/E |
| -0.61 | -0.05 | 91.8% | - |
| -0.54 | -0.46 | 14.8% | - |
| -0.27 | 0.41 | 251.9% | - |
| -0.23 | 0.66 | 387.0% | 37.4 |
| Next Two Quarters (est) | |||
| -0.05 | 0.61 | 1326.0% | 16.62 |
| -0.46 | 0.59 | 227.2% | 8.86 |
| Sales Growth | ||
|---|---|---|
| Prev Yr | Last Yr | Growth |
| 128.1 | 212.9 | 66.2% |
| 143.0 | 246.1 | 72.1% |
| 175.1 | 296.9 | 69.6% |
| 197.3 | 346.0 | 75.4% |
Holdings
Here's what I've got right now along with its performance. Option gains are computed using intrinsic value only.
| REIT | ARR | 5.3% | |
| NLY | -5.8% | ||
| Advertising | FMCN | 78.6% | call spread |
| Chemicals | CF | 30.4% | |
| Food | GMCR | -6.5% | |
| GMCR | 78.6% | call spread | |
| Infrastructure | MIC | 7.5% | |
| Investment Svcs | VRTS | 9.7% | |
| Metals | HAYN | 17.9% | |
| LIWA | 3.1% | ||
| Oil | CVI | 6.1% | |
| KEG | 13.5% | ||
| RES | 2.9% | ||
| Semiconductors | MSCC | 7.5% | |
| MSCC | 23.9% | call | |
| SPRD | 52.0% | call |
Friday, October 28, 2011
Good Enough
Not a bad close considering yesterday's run and the fact the markets were underwater most of the day. DNS +23, -1, +1.
Watchlisters up 8% or more are JDAS, AMD, JKS, VDSI, GMCR, and MIPS.
Trades:
UEPS opened up 14% so that got sold from two accounts when it drifted down into a red tape, +13.4% and +9.0%.
Portfolios:
This great week brought the porfolios up considerably. The ESG port is at -10.55% with 8 of 37 positions above water (the most ever) and the Value-Sales port moved up to +12.97%.
Reversal alerts: none.
Watchlisters up 8% or more are JDAS, AMD, JKS, VDSI, GMCR, and MIPS.
Trades:
UEPS opened up 14% so that got sold from two accounts when it drifted down into a red tape, +13.4% and +9.0%.
Portfolios:
This great week brought the porfolios up considerably. The ESG port is at -10.55% with 8 of 37 positions above water (the most ever) and the Value-Sales port moved up to +12.97%.
Reversal alerts: none.
Thursday, October 27, 2011
Ca-Ching!
A proposed resolution to the Greek quagmire sent the markets flying. DNS +340, +88, +43.
Watchlisters gaining over 15% today were VDSI (29.5%), VIT (25%), CWEI (22.9%), NEWP, MS, YGE, and SWS.
Portfolio members with a good showing were VRTS (11.5%), HAYN (11.4%), KEG (8.5%), and RES (8%).
Trades:
Some early volatility sent GTLS into the 8% TSL at 10 am, +12.2%.
TAL hit the 8%-er and SPRD the 7% TSL around 11 am, +5.2% and 15.6% respectively. I still have SPRD call options.
Reversal alerts: (1), junk.
Watchlisters gaining over 15% today were VDSI (29.5%), VIT (25%), CWEI (22.9%), NEWP, MS, YGE, and SWS.
Portfolio members with a good showing were VRTS (11.5%), HAYN (11.4%), KEG (8.5%), and RES (8%).
Trades:
Some early volatility sent GTLS into the 8% TSL at 10 am, +12.2%.
TAL hit the 8%-er and SPRD the 7% TSL around 11 am, +5.2% and 15.6% respectively. I still have SPRD call options.
Reversal alerts: (1), junk.
Wednesday, October 26, 2011
Schizophrenic Day
Start strong, tank, finish stronger. That was enough to drive someone crazy. DNS +162, +12, +13.
ANAD topped the other watchlisters with a nice 18% gain. Portfolio members SPRD, GTLS, WPRT, KEG, and CVI were up between 5.1 and 7.7%.
Trades:
WLL hit the 8% trailing stop, +11.4%.
My nemesis GMCR continued to vex me. It looked like it bottomed, I bought more to dollar cost average. Then it went down. Then it went down more. I threw up my hands and sold my first, most expensive position, -36.2%. Then it went up. I lost money on both trades. Grrr. No, Gmcrrrr.
I bought CVI and UEPS shares as mentioned in the last post.
The sale of the GMCR gave me some extra cash so I re-bought HAYN shares which I wanted to do since HAYN was hammered yesterday, and was down another 4% today. That worked out okay because it rebounded and the position closed the day up 4.7%.
While I was selling GMCR shares, I was buying GMCR's November $55/$60 call spread for $2.80. [I just noticed that I bought November options, not Friday's weekly options. Gmcrrrr.]
Reversal alerts: none.
ANAD topped the other watchlisters with a nice 18% gain. Portfolio members SPRD, GTLS, WPRT, KEG, and CVI were up between 5.1 and 7.7%.
Trades:
WLL hit the 8% trailing stop, +11.4%.
My nemesis GMCR continued to vex me. It looked like it bottomed, I bought more to dollar cost average. Then it went down. Then it went down more. I threw up my hands and sold my first, most expensive position, -36.2%. Then it went up. I lost money on both trades. Grrr. No, Gmcrrrr.
I bought CVI and UEPS shares as mentioned in the last post.
The sale of the GMCR gave me some extra cash so I re-bought HAYN shares which I wanted to do since HAYN was hammered yesterday, and was down another 4% today. That worked out okay because it rebounded and the position closed the day up 4.7%.
While I was selling GMCR shares, I was buying GMCR's November $55/$60 call spread for $2.80. [I just noticed that I bought November options, not Friday's weekly options. Gmcrrrr.]
Reversal alerts: none.
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