Presenting the Earning & Sales Growth (ESG) Portfolio (click on image to view all fields):
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| ESG Portfolio |
Sunday, July 31, 2011
New Portfolio (ESG)
I put together a new portfolio with ttm earnings projected to increase by 50% over the next two quarters, two quarters of YoY quarterly sales acceleration, four quarters of sequential sales growth, and a P/E above 20. I had to exclude VRTS because ClearStation said "Huh?".
Presenting the Earning & Sales Growth (ESG) Portfolio (click on image to view all fields):
We'll see where it goes from here.
Presenting the Earning & Sales Growth (ESG) Portfolio (click on image to view all fields):
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%.
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!
Trades:
LULU hit its 8% trailing stop, +15.6%.
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| Value-sales portfolio, +27.1% |
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!
Thursday, July 28, 2011
Weird
The market seemed to give up this afternoon, yet all of my stock positions were up. AEA, BABY (shown because it appears frequently in reversal alerts, not because I like it), WIRE, WLL and GTLS got punished today. SKX had a great day. DNS -62, +1, -4.
Trades:
EFII hit the 6% trailing stop, +3.4%.
Reversal alerts: (34).
TAL has accelerating YoY quarterly sales growth (+56% MRQ) and triple-digit YoY quarterly earnings growth for the last three, and next two projected quarters. The P/E is falling from 11 to 7.8. It bounced off of what might be support at $29.50 for 4.8% gain today. Update: they beat earnings and raised the quarterly dividend (around 7% yield).
Trades:
EFII hit the 6% trailing stop, +3.4%.
Reversal alerts: (34).
TAL has accelerating YoY quarterly sales growth (+56% MRQ) and triple-digit YoY quarterly earnings growth for the last three, and next two projected quarters. The P/E is falling from 11 to 7.8. It bounced off of what might be support at $29.50 for 4.8% gain today. Update: they beat earnings and raised the quarterly dividend (around 7% yield).
Wednesday, July 27, 2011
That's Going to Leave a Mark
DNS -199, -75, -27. Unless you own DNKN or EM you probably didn't have a good day. AMZN and LVS had a decent day considering. GTLS started off well enough, but couldn't hang in there.
Trades:
GTLS hit the 8% trailing stop, +1.2%.
Other stock hitting their 6% trailing stops were CMI (+1.2%), CVI (-7.8%), and WPRT (-3.4%).
I hate getting dumped out of the market like this, but that's the cost of insurance. I'm hoping to catch a rebound on a debt ceiling agreement, but not willing to bet more on it. The stops stay in place.
Reversal alerts: (7). NFLX alerted again. KEYN and OPNT are slightly interesting.
Trades:
GTLS hit the 8% trailing stop, +1.2%.
Other stock hitting their 6% trailing stops were CMI (+1.2%), CVI (-7.8%), and WPRT (-3.4%).
I hate getting dumped out of the market like this, but that's the cost of insurance. I'm hoping to catch a rebound on a debt ceiling agreement, but not willing to bet more on it. The stops stay in place.
Reversal alerts: (7). NFLX alerted again. KEYN and OPNT are slightly interesting.
Tuesday, July 26, 2011
Treading Water
DNS -92, -3, -5.
LVS beat by a penny ($0.45 eps),
CMI came in at $2.60 eps vs. the expected $2.01.
AMG's earning are up 39% YoY with nice sales growth - not sure how they came in at $0.85 vs. the estimates for $1.64 but everyone seems happy with the results.
CSTR seems to go down when NFLX goes up, and go down when NFLX goes down. My $50/60 spread is in dire straits unless they bring some good news when they report on Thursday.
RBCN might even get above $16 so I can turn a profit on my called shares.
All of my equity positions are in the black except the REITs ARR and NLY. But the nice dividends will roll in later this week and make it all better.
Trades:
ACOR never got moving and finally triggered the TSL order, -7.9%.
Limit orders to buy call options for ODFL and TIBX were filled.
Reversal alerts: (5). With so few results I did a double-take to see whether I scanned a portfolio or my stock universe. By lowest forward P/E first: MENT, ETP, and MTOX. The numbers are good, the charts are dismal.
LVS beat by a penny ($0.45 eps),
CMI came in at $2.60 eps vs. the expected $2.01.
AMG's earning are up 39% YoY with nice sales growth - not sure how they came in at $0.85 vs. the estimates for $1.64 but everyone seems happy with the results.
CSTR seems to go down when NFLX goes up, and go down when NFLX goes down. My $50/60 spread is in dire straits unless they bring some good news when they report on Thursday.
RBCN might even get above $16 so I can turn a profit on my called shares.
All of my equity positions are in the black except the REITs ARR and NLY. But the nice dividends will roll in later this week and make it all better.
Trades:
ACOR never got moving and finally triggered the TSL order, -7.9%.
Limit orders to buy call options for ODFL and TIBX were filled.
Reversal alerts: (5). With so few results I did a double-take to see whether I scanned a portfolio or my stock universe. By lowest forward P/E first: MENT, ETP, and MTOX. The numbers are good, the charts are dismal.
Monday, July 25, 2011
Waiting for Resolution
I'm ignoring the markets' movements for now. DNS -88, -16, -8. NFLX is down after hours, IMAX took a 12.8% hit.
I didn't like seeing ARR and NLY down, but many other watchlist stocks were down between 3 and 6 percent today. At least CVI, LFUS, TW, and VRTS were up.
Seller's remorse: ATHN and CPX. But sometimes the trailing stop orders save you money; e.g., HURC.
I should have shorted MNTA instead of just thinking about it.
Trades: Low-ball orders for AMG and TW filled. I canceled the other orders pre-market.
Reversal alerts: (13).
The hlr script alerted on ARBA and ARUN which have very good growth but the forward P/Es are 66 and 81 respectively. It also alerted on NFLX which hasn't been a reversal candidate in quite a while.
The t2 script yielded TIBX which has 20% YoY quarterly sales growth and strong double-digit earnings growth with the P/E falling from 52 to 35.5. Institutions own 89% of the float with a 30% bias toward the buy side.
I didn't like seeing ARR and NLY down, but many other watchlist stocks were down between 3 and 6 percent today. At least CVI, LFUS, TW, and VRTS were up.
Seller's remorse: ATHN and CPX. But sometimes the trailing stop orders save you money; e.g., HURC.
I should have shorted MNTA instead of just thinking about it.
Trades: Low-ball orders for AMG and TW filled. I canceled the other orders pre-market.
Reversal alerts: (13).
The hlr script alerted on ARBA and ARUN which have very good growth but the forward P/Es are 66 and 81 respectively. It also alerted on NFLX which hasn't been a reversal candidate in quite a while.
The t2 script yielded TIBX which has 20% YoY quarterly sales growth and strong double-digit earnings growth with the P/E falling from 52 to 35.5. Institutions own 89% of the float with a 30% bias toward the buy side.
Friday, July 22, 2011
What Dow?
It was a good day for me regardless of the Dow 30 Industrials. DNS -43, +24, +1.
Trades:
ATHN gapped up and ran for +17.5% today ... and my stop loss order triggered. I adjusted it up to 8% pre-market then left. It ran up, drifted down 8% and dumped me out at the post-pop bottom for the day. I'd have made more if I'd left the TSL order alone, or moved it up another percent or two. Maybe it will give some back next week. +34.3%
I bought shares in TW and AMG, and call options for LFUS. The other four orders for calls didn't fill.
The values-sales port moved up to +33.4% this week.
Reversal alerts: (34). I see great numbers with bad charts.
MNTA keeps alerting but the estimates are for this year's $3.05 in earnings to drop to $0.54 next year. Institutions have a 73% bias toward the sell side. It may be time to short them.
COGO should double its numbers on the next report, 20-some% YoY sales growth, 85 institutions hold 50% of the float with a 76% bias toward buying. It's Chinese, and the chart is lousy unless you're a bottom fisher.
SPRD has been hard to trade but has 150%+ YoY sales growth for the last four quarters and a P/E falling below 7.
SWC has triple digit earnings growth for the last four and next two projected quarters with good sales growth and a P/E falling from 24.6 to 12.5. Their earnings estimates were just revised downward - there's probably other bad news that caused them to take a hit. But it's worth researching to see if it could rebound.
QCOM had good sales growth and a P/E falling from 22 to 15.
NBIX has strong (mostly triple-digit) YoY quarterly earnings growth though sales popped and are trailing off.
TSCO is okay with double-digit sales and earnings growth and a forward P/E of 24.
Then PLCM, MDRX, and INFA have increasing earnings and strong sales with forward P/Es ranging from 32 to 43.
Trades:
ATHN gapped up and ran for +17.5% today ... and my stop loss order triggered. I adjusted it up to 8% pre-market then left. It ran up, drifted down 8% and dumped me out at the post-pop bottom for the day. I'd have made more if I'd left the TSL order alone, or moved it up another percent or two. Maybe it will give some back next week. +34.3%
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| Value-sales portfolio, +33.4% |
The values-sales port moved up to +33.4% this week.
Reversal alerts: (34). I see great numbers with bad charts.
MNTA keeps alerting but the estimates are for this year's $3.05 in earnings to drop to $0.54 next year. Institutions have a 73% bias toward the sell side. It may be time to short them.
COGO should double its numbers on the next report, 20-some% YoY sales growth, 85 institutions hold 50% of the float with a 76% bias toward buying. It's Chinese, and the chart is lousy unless you're a bottom fisher.
SPRD has been hard to trade but has 150%+ YoY sales growth for the last four quarters and a P/E falling below 7.
SWC has triple digit earnings growth for the last four and next two projected quarters with good sales growth and a P/E falling from 24.6 to 12.5. Their earnings estimates were just revised downward - there's probably other bad news that caused them to take a hit. But it's worth researching to see if it could rebound.
QCOM had good sales growth and a P/E falling from 22 to 15.
NBIX has strong (mostly triple-digit) YoY quarterly earnings growth though sales popped and are trailing off.
TSCO is okay with double-digit sales and earnings growth and a forward P/E of 24.
Then PLCM, MDRX, and INFA have increasing earnings and strong sales with forward P/Es ranging from 32 to 43.
Thursday, July 21, 2011
Stealth Rally
If you're not paying attention, or only paying attention to the bad news, you might not notice that good stocks are making nice gains. Watchlist stocks up over 20% for the month: IDCC AEA VRTS CWEI UDRL GTLS GOOG HNR LULU BEXP WYNN WPRT FMCN CPX BIDU & AAPL. DNS +152, +20, +18.
Trades:
My CSTR limit order triggered converting my August calls to a bull call spread.
Reversal alerts: (104). Screening for growth and a decent chart leaves me with AEL, CSGS LFUS TW CPRT AMG ODFL PAA MMSI FARO EPAY and WIRE.
Trades:
My CSTR limit order triggered converting my August calls to a bull call spread.
Reversal alerts: (104). Screening for growth and a decent chart leaves me with AEL, CSGS LFUS TW CPRT AMG ODFL PAA MMSI FARO EPAY and WIRE.
Wednesday, July 20, 2011
And Down Again
DNS -16, -12, -1. Don't own IDCC? Too bad, +29%. Own RVBD? Too bad, -23%.
Trades:
I put in limit orders to convert break-even call options for CSTR, CVI, and DAR to call spreads. The last two filled and should return about 30%.
The FMCN calls have doubled in value.
All of these options expire in August.
Reversal alerts: (20). In order of lowest forward P/E first:
YGE: strong double-digit sales growth and maintaining a low P/E below 5 ... if you can trust the numbers.
TEO: Good double-digit sales and earnings growth, P/E falling from 9.6 to 5.6 (based on a spike in earnings and sales in the previous quarter (MRQ-1) that wasn't present in last week's database).
BRKR is due to report on the 28th with an expected rise in earnings level with decent sales growth and P/E falling from 35.5 to 28.5.
LPSN has sales growth in the 20-30% range with modest earnings dropping the P/E from 67 to 47.
Trades:
I put in limit orders to convert break-even call options for CSTR, CVI, and DAR to call spreads. The last two filled and should return about 30%.
The FMCN calls have doubled in value.
All of these options expire in August.
Reversal alerts: (20). In order of lowest forward P/E first:
YGE: strong double-digit sales growth and maintaining a low P/E below 5 ... if you can trust the numbers.
TEO: Good double-digit sales and earnings growth, P/E falling from 9.6 to 5.6 (based on a spike in earnings and sales in the previous quarter (MRQ-1) that wasn't present in last week's database).
BRKR is due to report on the 28th with an expected rise in earnings level with decent sales growth and P/E falling from 35.5 to 28.5.
LPSN has sales growth in the 20-30% range with modest earnings dropping the P/E from 67 to 47.
Tuesday, July 19, 2011
Turns on a Dime
You just never know what's coming next with this market. Stop loss orders triggering one day, record gains the next. DNS +202, +61, +21.
Trades: none.
Reversal alerts and other prospects to resume as soon as home projects and class permit in the next few days.
Trades: none.
Reversal alerts and other prospects to resume as soon as home projects and class permit in the next few days.
Monday, July 18, 2011
Bleak
DNS -95, -25.11,
Trades:
KELYA share hit the trailing stop, -10.9%.
HAYN shares were stopped out too, -4.1%.
Trades:
KELYA share hit the trailing stop, -10.9%.
HAYN shares were stopped out too, -4.1%.
Sunday, July 17, 2011
Oil and Gas
Energy stocks were up good today on the BHP HK news, BEXP, PTEN, CHK among lots of others. DNS +43, +27, +7. GOOG had a good day too.
Trades:
I had a sell limit order in for my NFLX spread and it sold, +57.2.
HURC shares hit the trailing stop, +9.9%.
RBCN tanked another options expiration taking me from a 50% gain to a 50% loss, depending on where I can sell the called shares.
PTIE options expired worthless, -100%.
The value-sales port closed the week at +29.7%.
Trades:
I had a sell limit order in for my NFLX spread and it sold, +57.2.
RBCN tanked another options expiration taking me from a 50% gain to a 50% loss, depending on where I can sell the called shares.
PTIE options expired worthless, -100%.
The value-sales port closed the week at +29.7%.
Thursday, July 14, 2011
Bad
The opposite of yesterday ... only worse. DNS -54, -34, -9.
Trades:
I bought some WPRT shares and was doing okay. Not so good by the close.
I bought some NFLX put options, the sold some for a bear put spread.
Later my limit order for CSTR call options filled.
Reversal alerts: (4) - nothing to recommend here.
Trades:
I bought some WPRT shares and was doing okay. Not so good by the close.
I bought some NFLX put options, the sold some for a bear put spread.
Later my limit order for CSTR call options filled.
Reversal alerts: (4) - nothing to recommend here.
Wednesday, July 13, 2011
Not Bad
DNS +45, +15, 4.
CLNE, ZAGG, CPX, SLV, JKS and AEA were up 5% or more today.
RBCN can't hang onto a gain. Super frustrating because I had a 50% going into Friday's expiration. There was only one other position down for the day (ARR -0.63% *), but RBCN was down 5.27%. Grrr.
Oh yeah, I'm probably going to short NFLX if I can see some profit potential. I'm one of those angry subscribers that minimized my services. There went two thirds of their revenue from this household. I already like Redbox (CSTR) - I should have bought CSTR calls this morning as I was canceling services. Now I just need a better streamer.
Trades: See previous post (corrected).
Reversal alert: (4) - YGE, HMX, LCC and BABY.
(*) The data feeds are showing ARR up 0.27% for the day, but the charts are down. Dunno.
CLNE, ZAGG, CPX, SLV, JKS and AEA were up 5% or more today.
RBCN can't hang onto a gain. Super frustrating because I had a 50% going into Friday's expiration. There was only one other position down for the day (ARR -0.63% *), but RBCN was down 5.27%. Grrr.
Oh yeah, I'm probably going to short NFLX if I can see some profit potential. I'm one of those angry subscribers that minimized my services. There went two thirds of their revenue from this household. I already like Redbox (CSTR) - I should have bought CSTR calls this morning as I was canceling services. Now I just need a better streamer.
Trades: See previous post (corrected).
Reversal alert: (4) - YGE, HMX, LCC and BABY.
(*) The data feeds are showing ARR up 0.27% for the day, but the charts are down. Dunno.
Tuesday, July 12, 2011
Tech Stocks Get Hit
MCHP dropped 12% followed by EGHT, LCOM, MSPD, BRKS, DIOD, ENTR, ARUN, ASML, VDSI, MSCC, JKS and ADI (-5%).
DNS -59, -21, -6. LULU split. AEA added on another 6%.
Trades: none.
One third of my positions were up for the day with no stop loss sales. Kind of odd given the indexes.
Reversal alerts: (2).
CHRM alerted on the HLR script. It's a Chinese company with earnings expected to double recent highs next quarter (triple the MRQ), has five quarters of sequential sales growth, 85% and 48% YoY sales growth for the last two quarters. P/E falling from 24 to 12.7. It may be worth a look or watchlist entry.
DNS -59, -21, -6. LULU split. AEA added on another 6%.
Trades: none.
One third of my positions were up for the day with no stop loss sales. Kind of odd given the indexes.
Reversal alerts: (2).
CHRM alerted on the HLR script. It's a Chinese company with earnings expected to double recent highs next quarter (triple the MRQ), has five quarters of sequential sales growth, 85% and 48% YoY sales growth for the last two quarters. P/E falling from 24 to 12.7. It may be worth a look or watchlist entry.
Monday, July 11, 2011
Ouch!
A tough day for the indexes. DNS -151, -57, -24. RBCN managed a gain after being added to the S&P SC600 but even gave up some of that. PDLI had a nice day, VDSI and LCOM added to their gains.
Trades:
TAL hit the trailing stop loss order to close out at +3.6%. I'm surprised more positions didn't sell.
Reversal alerts: (2). Nope.
Trades:
TAL hit the trailing stop loss order to close out at +3.6%. I'm surprised more positions didn't sell.
Reversal alerts: (2). Nope.
Friday, July 8, 2011
Good Recovery I Guess
I was glad to see I wasn't dumped out at the bottom. The trailing stop loss orders held and the market recovered from a bad morning session. DNS -62, -13, -9.
Like everyone else, I was hoping for decent employment news, especially given my KELYA position (which was the hardest hit). It was nice to see DAR and VRTS gain some ground.
Trades: none.
The value-sales port dropped this week, down to +36.4%.
Reversal alerts: (3), junk.
Like everyone else, I was hoping for decent employment news, especially given my KELYA position (which was the hardest hit). It was nice to see DAR and VRTS gain some ground.
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| Value-sales portfolio, +36.4% |
Trades: none.
The value-sales port dropped this week, down to +36.4%.
Reversal alerts: (3), junk.
Thursday, July 7, 2011
Now That's a Rally!
DNS +93, +39, +14.
Trades:
I bought shares of HAYN, KELYA, and VRTS. So I do eat my own cooking so to speak.
Just a touch of seller's remorse over CWEI but that often goes away in a day or two (especially if the price drops!).
Holdings:
FWIW my personal mutual fund now consists of : ACOR, ARR, ATHN, CMG, CVI, DAR, EFII, FMCN, HAYN, HURC, KELYA, LULU, LVS, NLY, PTIE, PVH, RBCN, TAL, and VRTS. Everything is up except some DAR calls and my OTM PTIE spread.
Reversal alerts: (7).
BKS alerted again, tonight on the t2 script with a decent reversal pattern. Its fundamentals are still bad. IBI alerted on the t2 script as well with okay fundamentals and pattern.
EM has modest sales growth but triple digit earnings growth for the last two, and next two quarters. Next quarter's EPS is expected to jump from $0.05 to $0.25/share. The P/E is falling from 55 to 20. Not a great chart though.
Trades:
I bought shares of HAYN, KELYA, and VRTS. So I do eat my own cooking so to speak.
Just a touch of seller's remorse over CWEI but that often goes away in a day or two (especially if the price drops!).
Holdings:
FWIW my personal mutual fund now consists of : ACOR, ARR, ATHN, CMG, CVI, DAR, EFII, FMCN, HAYN, HURC, KELYA, LULU, LVS, NLY, PTIE, PVH, RBCN, TAL, and VRTS. Everything is up except some DAR calls and my OTM PTIE spread.
Reversal alerts: (7).
BKS alerted again, tonight on the t2 script with a decent reversal pattern. Its fundamentals are still bad. IBI alerted on the t2 script as well with okay fundamentals and pattern.
EM has modest sales growth but triple digit earnings growth for the last two, and next two quarters. Next quarter's EPS is expected to jump from $0.05 to $0.25/share. The P/E is falling from 55 to 20. Not a great chart though.
KELYA, VRTS, HAYN
Kelly Services' sales have grown sequentially for all seven most recent quarters (I only have eight in the database). YoY sales growth is between 11% and 22.4% for the last four Qs. YoY quarterly earnings growth is over 100% for five of the last four plus next two quarter (estimated). P/E falling from 21 to 15.7. 167 institutions own 77.7% of the float with a 5.8 buy-side bias. (website)
Virtus Investment Partners has the same seven quarters of sequential sales growth, YoY between 17.1% and 32%. Earnings growth is strong YoY (87% then 146%+) and sequentially (two Q of the last three and next two est. Qs). Next quarter's EPS is estimated to jump from last quarter's $0.48 to $0.81 (reports Aug 1), then $0.96 after that. P/E falling from 54 to 24. 106 institutions hold 51.8% of float with a 25.3% buy-side bias. (website)
Haynes International has had sequential sales growth for the last five quarters, YoY growth of 22% to 47%. Quarterly earnings have grown sequentially for all seven quarters in my database plus anticipated for the next two. YoY quarterly earnings growth for the last four quarters has accelerated from 134% to 550%. The growth should drop the P/E from 37 to 26.5. 123 institutions hold 87.2% (per Y!Fin) with a 8.1% buy-side bias. (website)
Virtus Investment Partners has the same seven quarters of sequential sales growth, YoY between 17.1% and 32%. Earnings growth is strong YoY (87% then 146%+) and sequentially (two Q of the last three and next two est. Qs). Next quarter's EPS is estimated to jump from last quarter's $0.48 to $0.81 (reports Aug 1), then $0.96 after that. P/E falling from 54 to 24. 106 institutions hold 51.8% of float with a 25.3% buy-side bias. (website)
Haynes International has had sequential sales growth for the last five quarters, YoY growth of 22% to 47%. Quarterly earnings have grown sequentially for all seven quarters in my database plus anticipated for the next two. YoY quarterly earnings growth for the last four quarters has accelerated from 134% to 550%. The growth should drop the P/E from 37 to 26.5. 123 institutions hold 87.2% (per Y!Fin) with a 8.1% buy-side bias. (website)
Wednesday, July 6, 2011
Odd Up Day
The indexes are up, every one of my stock positions (*) is up, but it seems like the losers gave up a little more than the gainers gained. Most of the portfolios (2:1) in my ClearStation page are down. DNS +56, +8, +1. Watchlisters PTIE, UDRL, and ATHN were up over 5% today. ZAGG, VECO, UTSI, MCP gave up 4.5% or more. Too bad PTIE is so OTM.
Trades:
CWEI hit the trailing stop order as indicated below. (* This was a stock position ... until about 10).
I bought CVI shares.
I've been very protective of my gains here, placing trailing stop loss orders under everything with a larger gain. Maybe I'm selling too early ... I wouldn't have bought these stocks if I didn't think they had good long term potential. But I can't predict the future and I don't trust this market. Recent sales of ZAGG, MCP, and JKS have been to my advantage as stocks are not holding new highs very well. Besides, it makes the blog name that much more apropos.
Reversal alerts: Not counting an ultra-short fund, (1) BABY. Decent sales and earnings growth, P/E dropping from 29.5 to 22.7.
Trades:
CWEI hit the trailing stop order as indicated below. (* This was a stock position ... until about 10).
I bought CVI shares.
I've been very protective of my gains here, placing trailing stop loss orders under everything with a larger gain. Maybe I'm selling too early ... I wouldn't have bought these stocks if I didn't think they had good long term potential. But I can't predict the future and I don't trust this market. Recent sales of ZAGG, MCP, and JKS have been to my advantage as stocks are not holding new highs very well. Besides, it makes the blog name that much more apropos.
Reversal alerts: Not counting an ultra-short fund, (1) BABY. Decent sales and earnings growth, P/E dropping from 29.5 to 22.7.
CVI
I haven't talked about CVR Energy (CVI), so ...
- Analyst opinions: four "Buys", one "Strong Buy".
- 15 of 16 earnings estimates have been revised upwards.
- YoY quarterly sales have increased from 24% min to 30.5% max over the last four quarters.
- Positive earnings for all four quarters this year vs. two quarterly losses last year. Growth has been mixed but estimates are for a new level of earnings, which is why I wanted to have a position in CVI before the earnings announcement (Aug 3). EPS ranges: last year -$.016 to 0.49, this year 0.01 to 0.53, next two quarters $1.29 and $0.92. That's triple digit growth for four of six quarters.
- P/E dropping from 30 to 9.
Tuesday, July 5, 2011
Got NFLX?
A good 8.1% gain for NFLX today put it up almost 180% for the year. DNS -13, +10, -2. It was also a good day for ZAGG, CWEI, and ATHN.
Trades:
MCP gapped down and tripped my trailing stop loss order, +4.1%.
I bought CVI calls today.
In an untracked account, I sold NLY shares and bought DAR and CVI call options.
Reversal alerts: (1) - BKS. Good luck with that one.
Trades:
MCP gapped down and tripped my trailing stop loss order, +4.1%.
I bought CVI calls today.
In an untracked account, I sold NLY shares and bought DAR and CVI call options.
Reversal alerts: (1) - BKS. Good luck with that one.
Friday, July 1, 2011
What a Week!
We don't get many weeks like this. It sure helps to rebuild the account balances after the pummeling we took a few weeks ago. DNS +168, +43, +19. I could make a really long list of the stocks up big for the last two weeks, or just post the perf chart.
Trades:
As much as I like what I know about DAR, I got spooked by the pre-market action. That, in conjunction with yesterdays loss and the spike down let me to think someone knows something I don't. My plan in such a case is to get out until the news breaks or the stock settles down. Hopefully get out early and come back in at a lower price if still a good prospect.
I set trailing stops for the stock (5%) and calls. My stock sold just after the open. DAR went lower then rebounded somewhat, -7.0%.
Oh yeah ... I just found that I had a low-ball limit order in for more DAR calls that filled. So much for my plan of reducing my position. I sure hope it's done going down!
I sold call options for RBCN to convert my Aug calls to a call spread. I had a good price on my limit order but could have gotten more. (Some people are never satisfied!)
Corrected: The value-sales port moved up considerably, to +39.4%.
I chased VRTS a bit and still didn't get it. Sigh ...
Reversal alerts: (2), junk.
Trades:
As much as I like what I know about DAR, I got spooked by the pre-market action. That, in conjunction with yesterdays loss and the spike down let me to think someone knows something I don't. My plan in such a case is to get out until the news breaks or the stock settles down. Hopefully get out early and come back in at a lower price if still a good prospect.
I set trailing stops for the stock (5%) and calls. My stock sold just after the open. DAR went lower then rebounded somewhat, -7.0%.
Oh yeah ... I just found that I had a low-ball limit order in for more DAR calls that filled. So much for my plan of reducing my position. I sure hope it's done going down!
 |
| Value-sales portfolio, +39.4% |
Corrected: The value-sales port moved up considerably, to +39.4%.
I chased VRTS a bit and still didn't get it. Sigh ...
Reversal alerts: (2), junk.
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