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):

ESG Portfolio

We'll see where it goes from here.

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!

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).

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.

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.

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.

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%

Value-sales portfolio, +33.4%

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.