Rearview Mirror

Here are watchlist stocks up 18% or more over the last two weeks. Sure beats a 2% CD.

Visiting Old Friends

I'm seeing more good days than bad, so I'm reestablishing positions with my favorite group. DNS +102, +32, +15.

Homebuilders HOV and TOL came out strong today with gains over 7%.

Trades:

PTEN, KEG, RES, BAS, and ROSE were on my short list of energy stocks that I want to accumulate. The first four were in my order editor. I put in limit orders for PTEN and KEG and got them. BAS and RES were up more (sigh), 6.7% and 4% respectively.

Reversal alerts: (6).

The t2 script alerted on BMY. RCKY also has a good reversal pattern.

CS and DMND also alerted.

Here's an "oil" tracking portfolio I put together Friday morning on ClearStation:

Fear of Shoes

... or at least of the other one dropping. This market can't decide whether to celebrate great earnings or hide in the closet from Italy, Greece, or wherever the dart sticks in the map of Europe next week. DNS +85, +9, +8.

Force Protection (FRPT) got a nice bid from GD today, up 30.6%.

LIWA was up 9.1% today. Yep, sold that one too soon.

I'm still too cautious to take the tight limit orders off of MIC and RES ... I'm just glad they didn't get dumped at the low for today.

Trades: none.

Reversal alerts: (9).

None of these is particularly compelling, but some are okay ... lowest forward P/E first: UAL,  BMY, BBBY, CL, CPSI.

Not So Bad

While the indexes were down for the week, many of the better stocks actually closed higher. DNS -61, -12, -8.

RBCN, ACOR and VECO had a good day, up 10% or more.

Trades:

GMCR held the line (and then some) so the $55/$60 call spread I bought Wednesday expired well ITM, +36.0%.

Portfolios:

The ESG portfolio now has 12 (of 37) positions above water and is at -10.67%. The value-sales port is at +9.63%.

Reversal alerts: none.

Missed the Boat?

Well I sure don't like being on the sidelines here. The markets were supposed to resume the downtrend today, but there was too much good news. DNS +208, +58, +23. Sigh.

ANR tops the watchlist with a 13.3% gain today. NFLX was up 10.7% when the closing bell rang.

GMCR gave me some relief on my call spreads, up 8.5%. RES may be getting in gear with its peers, up 7.6%.

Trades: none.

Reversal alerts: (1).

IDCC looks like it will start improving two quarters out but I'd wait for the numbers to firm up a bit (or a lot).

DOAH!

It was a great day, unless you were in cash. DNS +178, +33, +20.

I want my KEG, CF, and LIWA back! All were up 5% or more today. At least FMCN had a good day, and SPRD continues to nudge upwards.

Trades:

I ditched the NLY after getting the dividend and seeing the distribution days pile up. The cap "gains" across three accounts come in around -8%. Fortunately the dividends covered a large portion of that.

I bought Friday's $55/60 GMCR bull call spread. I'm hopeful, but this one's certainly not money in the bank.

Reversal alerts: (4).

ATHN popped up after eight days of decline. The stock had a nice run for reasons I never understood ... double digit sales growth with a P/E falling from 91 to 70 didn't do it for me, and I didn't see anything in the news to fall in love with. I'm not expecting lightning to strike twice here, but the reversal pattern looks pretty good.

The t2 script came up with CVC and AVP.

CVC is sporting a "value-trap" looking P/E of 3 until they shed the MRQ's earnings of $4.27 and revert back to the $0.32 range. Not interested.

AVP announced a dividend today and is expected to have a little earnings bump next quarter with a P/E between 9 and 11. Curious.

Cash By Default

It's been a pretty brutal week so far. DNS -297, -77, -35.

SPRD and MIC were up again today.

Trades:

The trailing stop loss orders continue to do their job.

CF shares sold, +18.3%.
KEG shares sold, +1.1%.
LIWA shares sold, -4.1%.
MSCC shares sold, +1.2%.
WPRT shares sold, +2.1%.

Many of these closed higher than they sold, but if the markets tank again tomorrow, I'll be quite content.

Reversal alerts: none.