Saturday, December 31, 2011

Disappointing

I was really hoping for more of a rally this week. Overall it was okay though with a higher high and a higher low. That's bullish in my book. DNS -69, -9, -5.

Trades: none.

Portfolios:

The test portfolios continue to bob around. The ESG port is at -14.61% with 10 of 37 stocks above water. The value-sales port is at -1.12%.

Reversal alerts: none.

Here's hoping for a better year in 2012 because this market has been a beast to trade since April.

Cheers!

Thursday, December 29, 2011

Getting There

Today's gain got us closer to going positive for the week, but we're not there yet. DNS +136, +24, +13.

Trades: none.

Reversal alerts: (3).

ULTA has some growth and a forward P/E improving from 40 to 35.

A Day Too Early

Hmmm, seems I should have waited a day. DNS -140, -35, -7.

Trades:

The rest of my KOG order filled, then I doubled down.

Then I gambled that MCP was going to bounce so I added on there. That didn't pan out when MCP drifted down more to close down 14.1%, and is down again today.

Reversal alerts: (3).

The only one to even consider here is TGT with modest growth and a 2.3% dividend yield.

Tuesday, December 27, 2011

Toes In

DNS -3, +7, 0.

Trades:

I figured I'd get set up for the new year with a few option positions. From my growth scan I ended up with calls in CDE, KOG, MCP, and OAS. Unfortunately, KOG only got a partial fill.

Reversal alerts: None.

Friday, December 23, 2011

Ho-hum

We managed to hang onto Tuesday's gain and ended up higher for the week. Almost to where we were two weeks ago. DNS +124, +19, +11.

Trades: none.

Portfolios:

Not much difference this week. ESG is at -13.7% with 11 of 37 stocks above water, and the value-sales port is at +0.19%.

Reversal alerts: (9).

First, there are the value traps MY, FLSR, and ASIA. Then more substantial companies SYNA, ARUN, and UA.

Have a Merry Christmas folks!

Thursday, December 22, 2011

Safe To Dip In?

Another day of nice gains is making it hard to stay away. But it'll be tough to make too much of the market's direction as the volume thins out. DNS +62, +21, +10.

Trades: none.

Reversal alerts: (10).

TIBX looks good with strong double digit YoY quarterly sales (~24%) and earnings (36 - 92%) growth, and the P/E falling from 41 to 29.

CRM's quarterly earnings should jump to a new level for the next two quarters but the P/E will only drop to 315 then 152. The P/E would go to 71 if CRM could sustain those earnings levels for two more quarters. Kind of pricey.

Wednesday, December 21, 2011

Better Late Than Never

Two of the three indexes managed to get out of the hole in the last hour. DNS +4, -26, +2.

Trades: none.

Reversal alerts: (15).

Filtered down to GIS, TIF, and COST.