Thursday, March 23, 2006

Up on a down day?

I like to look at what stocks do up when the broader market goes down. In my mind, they will also go up on a good day.

In my personal portfolio, today was a great day. For LIVEROCKET, 7 of 11 stocks were up for a ~1% yield today. Anyway, here's what I own and what happened today.
CELL (not in our blog) - down <1%. But near its 52 week high

Finance companies got pressured by interest rate fears so...
ET - Down ~1%. Near its 52 week high.
GHL - Down 1.3%.

Oil went up today so.... GRP - up 2%
JBLU (I follow them, don't own them)- Down 2.9%
JLG - Down 1.5%. I think that's just because it hit a 52 week high yesterday so some profit taking.
MDR - Up 2.9%. Hit a 52 week high
JOYG - flat

High tech was oversold IMHO so some buying has been creeping back in
MRVL - Up 4%. Still undervalued IMHO.
SNDK (I own but not in our portfolio) - Up .3% after rising 1.5% over the past week.
STX - Up ~1%. It's bouncing around a bit and was hit by the delay in Microsoft's release, but they win whether it's a Mac or a PC.
TRID - Up ~4%. Near its 52 week high.

INFRASTRUCTURE
TIE - Up <1%.
WCC (owned but not in portfolio) - Up 2.4%. Near its 52 week high.
WIRE (owned but not in portfolio) - Up 2.2%.
WSO (owned but not in portfolio) - Up 2.6%. Near its 52 week high.
PWR - (owned but not in portfolio) - Up 2.6%. Hit a 52 week high today.

OTHER
TEVA - Down <1%. Part of a lawsuit. The entire future of the generic drug makers will be a non-stop onslaught of lawsuits as big pharma struggles against the tide.
NTRI - Up 2%. I think good news is probably starting to leak out.

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