Monday, May 27, 2013

Time for a little selling

No I do not see a down trend but a some changes is rankings is moving me out of some stocks and ETF's

I did pick up more EWJ, and SANM this week, added  QQQ and XLY ....but now both EWJ and XLY will now be sold

What did I see in my weekend review?

The 10-yr Treasury yield is now up to 2.01
IBD (Investor Business Daily): Confirmed Up Trend
Copernicus Systems: Long for the US market, short for Global
Moneys Flows:  Now all three point down…but all still in positive territory

Currently my "Stocks for a Trade" now consists of:
(All gains or losses shown are the total since purchase)
GILD   +3.26% to be sold
SANM  +2.09% to be sold
BIIB  +8.01% to be sold, hope this nice profits holds
FLT  +.11% 
YHOO   +.02% 
SOHU  +.63%

ETF’s for a trade are:
EFA  -1.60 % to be sold
EWJ -2.00% to be sold
XLY -1.28% to be sold
QQQ -1.26%

What will I do?

I would like to add XLF and will be looking further at DTV and WBSN.

I will try using limit orders in the future at lower gains to try to better job of taking some profits as I'm just not available to watch the market as closely as needs to be

I hope you have a great week

Sunday, May 19, 2013

Blog 116

It does not seem that I have written 116 blogs and that this began over two years ago.

I know the readership is limited but there have been 3550 views of these blogs from 901 viewers. 

There have been views from 23 countries outside of the USA.

The states with the most views have been Texas, Ohio, California, New York and Tennessee with views from 35 states in all.

So my thanks to those that read this ....and to others than have stumbled across it. 

I hope it has been of some interest to you. In a couple of years I hope to spend more time at this and probably use a different format.

It has been helpful to me to be transparent in what I am doing…sort of makes you try harder with folks looking over your shoulder and knowing they can chuckle at your mistakes.

I did pick up more FLT this week, some YHOO and SOHU.

(Sohu.com Inc. provides online media, search, gaming, community, and mobile services in the Peoples Republic of China).

What did I see in my weekend review?

The 10-yr Treasury yield is now up to 1.95

IBD (Investor Business Daily): Confirmed Up Trend

Copernicus Systems: Long

Moneys Flows:  One pointed up, two pointed down


Currently my "Stocks for a Trade" now consists of:
(All gains or losses shown are the total since purchase)
GILD   +4.27%
SANM  +9.82%
BIIB  +4.16% 
FLT  +.11%
YHOO   +.02%
SOHU  -1.13%

ETF’s for a trade are:
EFA  +.96% Includes stocks from Europe, Australasia and the Far East.
EWJ +3.14% Japan

What will I do?

I never picked up the Biotech ETF IBB, that I wanted but now I like one better; XLY, the Consumer Discretionary.

Instead of waiting for IWM, I now like QQQ, the 100 of the largest the NASDAQ.

So I will be looking at adding XLY and QQQ and for stocks I am curious about GIB and OTEX which had nice jumps this week.

Perhaps I now need to sell the BIIB and GILD, just not sure.

I hope you have a great week

Sunday, May 12, 2013

Back In The Saddle Again

After cleaning the slate last week, I quickly dove back in.

What did I see in my weekend review?

The 10-yr Treasury yield is now up to 1.90.

IBD (Investor Business Daily): Confirmed Up Trend.

Copernicus Systems: Long.

Moneys Flows:  Not Available as of this writing.

Currently my "Stocks for a Trade" now consists of:
(All gains or losses shown are the total since purchase)

GILD   -2.07% Gilead Sciences, Inc., a biopharmaceutical company, discovers, develops, and commercializes human therapeutics for the treatment of life threatening diseases in North America, Europe, and Asia.

SANM  +4.13% Sanmina Corporation provides integrated electronics manufacturing services worldwide.

BIIB  -2.10% Biogen Idec Inc. discovers, develops, manufactures, and markets therapies for the treatment of neurodegenerative diseases, hemophilia, and autoimmune disorders in the United States and internationally.


FLT  -.49% FleetCor Technologies, Inc. provides fuel cards and workforce payment products and services to businesses, commercial fleets, oil companies, petroleum marketers, and government entities in North America, Latin America, and Europe.

ETF’s for a trade are:

EFA  +.38% Includes stocks from Europe, Australasia and the Far East.

EWJ +.6% Japan

IBB   Biotech ….waiting

What will I do?

For stocks I did pick up BIIB and GILD and had AMGN on my radar...and I picked up SANM and FLT.

For ETF's I was able get an initial position in Japan’s EWJ and the International EFA.

I would like to pick up more EFA  and need an initial position in IWM the ETF for small cap stocks, the Russell 2000.

I really want to get back into the Biotech ETF IBB.


I hope you have a great week.

Sunday, May 5, 2013

Clean Slate


Last week I got a little spooked and did a lot of selling, first a couple of mutual funds (I don’t like mutual funds due to them being so illiquid), then most of the stock and ETF’s that I hold for a trade. 

Fortunately I did not sell any of my Dividend Payers as the market rallied nicely right after I sold.

I did lock in some nice profits and sold a few at a loss that needed to be sold. So at this point I have a mostly clean slate and ready to re-enter.

I’m not sure when or how to re-enter but in the future will adhere better to THE RULES for selling and let this guide me rather than emotion.

What spooked me? Things have just been looking too positive and we have not had  the correction that I had been expecting. This could still occur, but hopefully it won’t last long as this market has repeatedly proved to be very resilient.

What caused the rally?... an excellent jobs report of 165,000 new jobs and the unemployment rate dropping to 7.5%

What did I see in my weekend review?

The 10-yr Treasury yield is up to 1.75

IBD (Investor Business Daily): Confirmed Up Trend

Copernicus Systems: Long

Moneys Flows:  All still positive but 2 out of 3 down in cash flow

Currently my "Stocks for a Trade" now consists of:
(All gains or losses shown are the total since purchase)
RGR Sold for 2.65% loss, will consider this as Dividend Payer in the future
GILD   Sold for a 21.41% gain, will likely revisit soon

ETF’s for a trade are:
IWM  Sold for a .9% loss
EFA  Sold for a 4.1% gain
IBB   Sold for a 9.18% gain, will revisit soon
EWJ Sold for an 8.35% gain

Old Tech Trio:
INTC    Sold for a 9.42% gain
CSCO  Sold for a 4.2% loss

Insurance
GLD  Sold for a 6.5% loss…I don’t like insurance, cash is just fine

What will I do?

I really benefited from the Biotech gains and these still seem like a good place to be, so I hope to reacquired the ETF IBB

I will be watching the biotech stocks GILD, AMGN and BIIB…hmm perhaps another trio.

Additional ETF’s will once again be Japan’s EWJ, and now India EPI and it's time for some good old SPY

For stocks I like: SANM and FLT in adding to the biotech stocks

I hope you have a great week