Blogging Into The Sunset

This will be the last blog for the near future. I have enjoyed doing this and it has helped me keep my head in the game. However I need to put some things on hold for a few months and it looks like following the market, blogging and yes even investing time has to be minimized.

It did feel good to do some selling and I am comfortable with the holdings left.

I would love to return in a different format that I have been thinking about, but only if I can find the time to do a good job,…something that has been lacking of late. Perhaps I will make an occasional post here, as time allows.

What did I see in my weekend review?

The 10-yr Treasury yield is 2.74 %

IBD (Investor Business Daily) : Uptrend Under Pressure

Copernicus Systems: Long but mixed in my IMHO

Moneys Flows:  all positive

Stocks:

HAIN +5.54 %

Momentum Stocks:

AMZN sold

TSLA sold

PCLN sold

SCTY sold.

ETF’s:

QQQ +2.45%

QLD sold

IWM +1.292%

IBB -6.10

SPY sold

Cramer Picks:

BAC sold

CAT sold

CIEN sold

GOOG -.10%

XLNX sold

HON +2.62%

BA sold

What will I do?

Hope to spend some time on dividend payers….but then those momentum stocks were very tasty

Adios Amigos

  

 

War and Turmoil

Copernicus had had interesting discussion this week….a little over my head, but it sparked a thought that the turmoil caused by war and even sabre rating does fan the world economy. No doubt the Russian occupation and likely takeover of Crimea does confuse the US and Europe.

I am not here to argue the politics of this, so I will stop at this point.

What did I see in my weekend review?

The 10-yr Treasury yield is 2.65 %

IBD (Investor Business Daily) : Uptrend Under Pressure

Copernicus Systems: Long but mixed in my IMHO

Moneys Flows:  all positive

Stocks:

HAIN +7.04 %

Momentum Stocks:

AMZN +6.43% has held up well

TSLA +3.45%

PCLN -.71% ….European exposure

SCTY -11.70% accounting issues hurt…likely they will be resolved.

ETF’s:

QQQ +2.64%

QLD -2.38%

IWM +1.82%

IBB -.44

SPY -.42%

Cramer Picks:

BAC +.79%

CAT +4.30%

CIEN +1.38%

GOOG +1.11%

XLNX +8.57%

HON +2.14%

BA -2.93%

What will I do?

I don’t view this as a buying opportunity, but US stocks are the place to be

Cramer momentum stocks: GOOG,  GE, JCI, BAC, CIEN,  XLNX, AAPL, CAT, BA, JNJ,  TJX. 

The companies Cramer considers to be well managed: MMM, WFM and  HON.

Momentum

In physics, momentum is the  property an object has due to its mass and its motion. It is a product of the body's mass and velocity. It can be powerful.

In stocks it can also be powerful. It can propel priced upwards or downward, but it can be overturned by events such as changes in profit or accounting issues.

This week accounting issues affected SCTY, driving the price down and  a loss of upward momentum . My guess it SCTY will come out fine, but that is just a guess. In any event I don’t view it as a buying opportunity due to the unknowns.

Last week I mentioned we could be “seeing a pullback soon, perhaps another mini-correction”. This is long overdue and now compounded with the Russian invasion of the Ukraine. The markets hate unknowns. Markets hate wars and rumor of wars, but when these events slide into the past the markets can roar.

Recently Cramer mentioned 15 momentum stocks that I hope to review, for now I will just say I own 5 of the 15:  AMZN, GOOG, PCLN, SCTY and TSLA

This list of momentum stocks follows his earlier list of "stocks to own": GOOG,  GE, JCI, BAC, CIEN,  XLNX, AAPL, CAT, BA, JNJ and  TJX. 

And the list companies Cramer considers to be "well managed": MMM, WFM and  HON.

What did I see in my weekend review?

The 10-yr Treasury yield is 2.79 %

IBD (Investor Business Daily) : Confirmed Up Trend

Copernicus Systems: Long but mixed in my IMHO

Moneys Flows:  all positive

Stocks:

HAIN +7.73 %, had a great week

Momentum Stocks:

AMZN +5.95%

TSLA +10.28%

PCLN +6.35%

SCTY -6.90% dropped based on accounting issues…I don’t like to hear this.

 

ETF’s:

QQQ +4.79%

QLD +1.83%

IWM +3.69%

IBB +1.73% ….the stumble continues, are the markets turning away from biotech or is this a buying opportunity?

SPY +2.01%

Cramer Picks:

BAC +3.97%...good to see the banks gaining momentum

CAT +6.12%

CIEN +2.49%

GOOG +4.73 ….where is the momentum now?

XLNX +10.93% …momentum here

HON +5.95%

BA +1.35%

What will I do?

No plans at this point, but some leverage on small caps might be nice

Time For A Pullback?

We could be seeing a pullback soon, perhaps another mini-correction. This is compounded by the Russian invasion of the Ukraine, but have you noticed that it’s reported as an invasion of Crimea, sort of ignoring it’s an invasion of the Ukraine. The markets hate unknowns, but my thought today is that this too shall pass and perhaps quickly. The Russians have what they want and perhaps all of this will be pacified with some sort of face saving agreement for all.

However, wars and rumor of wars do affect markets.

For now the Cramer stocks are doing fine. The momentum stocks are doing a little better…, as they should.

For reference Cramer’s list of stock to own: GOOG,  GE, JCI, BAC, CIEN,  XLNX, AAPL, CAT, BA, JNJ and  TJX.  Cramer’s list of companies that he considered to be well managed: MMM, WFM and  HON.

What did I see in my weekend review?

The 10-yr Treasury yield is 2.73 %

IBD (Investor Business Daily) is now Confirmed Up Trend

Copernicus Systems: Long IMHO, but the charts are what are telling me its time for a little pullback.

Moneys Flows:  all positive, but the internet portfolio is just barely positive

Stocks:

HAIN +2.16 %, now moving in the right direction

Momentum Stocks:

AMZN +3.12 a nice turn this week

TSLA +9.65%, bought more this week

PCLN +5.63%

SCTY +1.66%, another Elon Musk company picked up this week that is just as hot (and just as risky) as TSLA

ETF’s:

QQQ +4.57%

QLD +1.44%

IWM +1.80%

IBB +3.7% ….bit of a stumble

SPY +.25%

Cramer Picks:

BAC -.83%

CAT +6.03%

CIEN +4.67%

GOOG +4.80

XLNX +9.20%

HON +4.84%

BA +1.66%

What will I do?

If the market does drop it's time to add more to existing positions, but if the tone of the market looks poorly then it will be time to put in the stops.

How to Buy a Tesla

TSLA is no doubt a risky momentum stock. It is overpriced by many metrics and comparison with other car companies show that this is impossible to continue. However Tesla is not like any existing car company…not by any means.

The cars are very attractive, very powerful and being all electric they are very unique. It’s interesting to go to YouTube and see them racing Vipers, Corvettes and beating them in a quarter mile. How can an electric car do this?

They are quickly developing a following. Many love the idea of being able to recharge in their garage and avoid the time consuming experience of refueling.  The available recharging stations are growing rapidly. A supercharging station can provide a half charge in 20 minutes and they are available coast-to-coast…and they are free…and free for life.

http://www.teslamotors.com/supercharger

So why not buy one of these, well they are very expensive at $70- $100K, so what do I propose as a means of buying one? Just buy the stock; it has been up 400% in the last year. I sure don’t know if that is possible again this year, but I don’t know that it is not.

It has been called a cult stock, but the company is doing extremely well and could be truly profitable soon, perhaps wildly profitable in the future. It has outwitted those that try to short it.

No doubt Ford and GM will follow suit, but both have a history of stumbling when the do. Do you remember their multiple attempts at minivans that led nowhere?

I see it as another Apple type of stock with game changing leadership. As soon as your neighbor is able to fill up in his garage and drive coast-to-coast for free you will have to have one too.

The stock is a risk, as is any stock, but often with risk come reward.

The Cramer stocks that I have picked up are gaining steam.

For reference Cramer’s list of stock to own: GOOG,  GE, JCI, BAC, CIEN,  XLNX, AAPL, CAT, BA, JNJ and  TJX.  Cramer’s list of companies that he considered to be well managed: MMM, WFM and  HON.

What did I see in my weekend review?

The 10-yr Treasury yield is 2.73 %

IBD (Investor Business Daily) is now Confirmed Up Trend

Copernicus Systems: Long IMHO

Moneys Flows:  all positive

Stocks:

HAIN +.10 %, good to see green here again

Momentum Stocks:

AMZN -1.25% …and bad to see red here

TSLA +7.27%, thanks to a blowout earning report

PCLN +3.03%, good to have this one aboard once more

ETF’s:

QQQ +4.10%

QLD -.33%, a new addition this week

IWM +.19%

IBB +8.16%

SPY -.36%

Cramer Picks:

BAC -2.27%...not sure what is wrong here

CAT +6.61%

CIEN +8.67%

GOOG +3.78%, who would have thought GOOG would be lagging CAT? That is why I like baskets!

XLNX +6.63%

HON +4.27%

BA +1.16%

What will I do?

I have been adding to existing holdings when it seems appropriate, hope to continue.

I know I have far too many holdings, this is evident as I see mistakes made in last week’s blog, sorry about that…too many stocks, too little time.