Sunday, February 26, 2012

Time to take a little profit


Time to take a little profit and cover a little loss, more on that later.

I sense a little rotation in the ETF’s. Actually I have been watching this for a few weeks as the market ETF’s seem to crowd out the sector ETF’s. I have not followed this for a long time, but would seem to not be a good sign. However the global ETF’s seem to be a little stronger to me, or perhaps less threatened by this.

So what did I see in my weekend review?

The 10-yr Treasury yield is at 1.98%.

IBD (Investor Business Daily) continues: Market in Confirmed Up Trend.

Copernicus Systems is still showing to be long in the market (but not 100% in all systems). Money Flows are now showing a slight divergence with 2 out of 3 money flows down and yet the stock prices are still up.

IBD 50 Top Four: ALXN, GNC, LULU, LQDT I have decided to start tracking these and see what I can glean from this ranking system. These all should be excellent stocks and performing well. Perhaps this will be good for a momentum investor such as myself. I think I need to find a way to catch them when they enter the top ranking, perhaps number 4 position, but the first step is just to watch them a little closer

What will I do?

First I will be selling the last of my GILD, this is sad one as I let a nice profit slip away and recovery just does not seem to be happening now.

Next I will sell XLF, XLY and XLI all with modest profits. These are dropping in the rankings, but they could sure be revisited

Last an ETF that I have not mentioned but one that I have bought twice is RSU , which is a levered S & P 500. I may sell all or half, not sure yet.

I just don’t “feel” like buying anything, and that is okay, perhaps next week I will pick up some additional global EFT’s I have my eye on, if they continue to improve.

Currently my "Stocks for a Trade" now consists of:
(All gains or losses shown are the total since purchase)
AAPL  +28.62%, +6.36%, +46.61% this one is just singing
GILD  -.3.99, -6.26 - Adios
JBL  +.04%
PCLN +.92% what a great business model this company has

ETF’s for a trade are:

GLD -.02%, +10.41% a nice little gain this week
SPY  +5.25%
IBB   +5.07, -.73%
XLF  +3.60%, +.14% - Adios
XLY  +4.10% - Adios
XLI   +3.54% - Adios
EEM +1.84%
EPI -1.33%
EWZ + 1.93% this has been a great ETF in years past, hope it is poised to do the same again; at least it is off to a pleasing start
RSU  +.04%, +2.85%, not sure about you yet

I hope you have a great week.

Sunday, February 19, 2012

Have you noticed the economy has improved?


I no longer personally know anyone out of work. I see more and more new cars in parking lots. The shopping malls are crowded and people are actually making purchases (carrying bags), and restaurants are back to full.

In the midst of noticing this turn I let a nice profit in GILD turn into a  loss last week. I did have some clues, did have some warnings and last week would have been a good time to take some profits. This is a reminder to take profits along the way, heed those little warnings and follow the rules.

All of the damage for GILD may be done and perhaps it will continue its rapid upward move. Just looking at the chart it was hammered down at the opening and stayed flat all day. I take that as a good sign, but perhaps it is time to move on. I will give this more thought.

I was distracted by in Apple, (not sure why now) but Apple  went on to continue its steady gain. I was also more concerned about the ETF’s I held and those did fine. I wanted to get into more ETF’s and did so and those did fine.

I was able to take initial positions in some global ETF’s  EEM (Emerging Markets), EPI (India) and an old friend that I was glad to see; EWZ (Brazil) . I am pleased to be in all of these and I look to add EWW (Mexico), another old friend this week to organize a global quartet.

So what did I see in my weekend review?

The 10-yr Treasury yield is at 2.01%.

IBD (Investor Business Daily) continues: Market in Confirmed Up Trend.

Copernicus Systems is still showing to be long in the market (but not 100% in all systems). Money Flows continue nicely once again in all categories along with price support. 

What will I do?

First add EWW (Mexico) as noted above, may sell XLY and/or XLI. ….not sure yet.  

I have wanted to add some stocks for a few weeks and each week I see a number that look promising, but the added filters have knocked them off. This week JBL and PCLN have passed all the tests.

Currently my "Stocks for a Trade" now consists of:
(All gains or losses shown are the total since purchase)
AAPL  +23.62%, +2.23%, 40.91%
GILD  -.30%, -2.65%, 4.44%,-15.41%

ETF’s for a trade are:

GLD -2.86%, +7.28%
SPY  +4.85%
IBB   +4.70, -1.08%
XLF  +4.45%, +96%
XLY  +4.35%
XLI   +2.98%
EEM +1.24%
EPI +1.47%
EWZ + 1.10%

I hope you have a great week.

Sunday, February 12, 2012

Apple Gains Causes Concern

Yes, 17% gains in AAPL in the last 30 days causes concern. No stock goes up forever, so this is due for a correction. The company sure seems to be doing well with the price doubling over the last two years and it sure seems that the rise should continue as the profits continue. I think I will just keep riding this one and if the corrections comes…just buy more. I did buy more this week when it was at a high.

I keep adding  GILD each week, which has done very well for me, but the purchase this last week finally showed a loss. It is too soon to draw further conclusions on this one yet.


So what did I see in my weekend review?

The 10-yr Treasury yield is at 1.97%.

IBD (Investor Business Daily) continues: Market in Confirmed Up Trend.

Copernicus Systems is still showing to be long in the market (but not 100% in all systems). Money Flows continue nicely in 2 out of 3 categories. 

Stocks of interest are DELL (yes DELL), JBL and PCLN, may just watch, not sure.

ETF’s of interest are: EEM, EWZ and EPI…I probably should have already loaded up on EWZ

What will I do?


Still thinking

Currently my "Stocks for a Trade" now consists of:
(All gains or losses shown are the total since purchase)
AAPL  +21.48%, +38.47%, .46%
GILD  +14.02%, +11.33%, 19.44%, -3.26%

ETF’s for a trade are:

GLD -2.98%, +7.15%
SPY  +3.28%
IBB   +4.56, -1.21%
XLF  +2.86%, -.58% Watching
XLY  +2.77% Watching
XLI   +2.13% Watching

I hope you have a great week.

Sunday, February 5, 2012

Market continues to reward, but I am still very cautious


Perhaps I should be all in by now, but I am still very cautious.

For a few weeks now I have seen a number of interesting stocks, some of these have done well, but once again I added extra filters of caution and continue to be left with GILD, which has done very well for me.

So what did I see in my weekend review?

The 10-yr Treasury yield is at 1.94%.

IBD (Investor Business Daily) is continues Market in Confirmed Up Trend.

Copernicus Systems is still showing to be long in the market (but not 100% in all systems). Money Flows continue nicely upward as are the supporting stock prices. 

What will I do?

I will sell XOM, and MON  and buy more GILD.

I will sell XLV and buy more IBB  and XLF

Currently my "Stocks for a Trade" now consists of:

(All gains or losses shown are the total since purchase)
AAPL  +13.17%, +29.00%
GILD  +13.29%, +16.03%, 21.54% Very, very nice, I know this cannot keep going up forever, but I will buy again this week
MON   +2.52% adios, to make room for the above
XOM   -2.95% adios, but I will doubtless return some day

ETF’s for a trade are:

GLD -2.69%, +7.47%
SPY  +3.41%
IBB   +6.10% I really like what I see here
XLF  +4.06% a nice turn this week, this merits more
XLY  +2.65%
XLI   +2.93%
XLV +1.43% but adios

I hope you have a great week.