Friday, April 07, 2006

Week 22 Performance - Up 4.5%

Week 22
Dow 0.1%
S&P 0.08%
NASDAQ -0.04%
LiveRocket +4.52%

YTD
Dow 3.76%
S&P 3.85%
NASDAQ 6.08%
LiveRocket 16.43%

Since Inception
Dow 5.7%
S&P 6.3%
NASDAQ 7.8%
LiveRocket 27.52%

Another good week with a solid 4.5%. There were some concerns about inflation - mostly because of emplyment strength - and fears that more interest rate hikes are coming. So the market pulled back. I see it as gathering strength for a nice run.

FINANCIALS - The financials weathered today's hit, and that was nice to see. You would think that Financials would suffer in the face of interest rate pressures, but in fact they looked good. Possible signs of sector rotation into finnacials, which wouldn't surprise me given the recently strong reports out of the big financial houses.
ET – Flat for the week after a strong 4% week last week. It was up today on a major down day, and on good volume too. This week ET set a new 52 week high, again. Over the past few weeks, AMTD and ET are showing the same signs and movement patterns. Except that ET is performing better at the moment. It's trading in a very narrow range of 4%, something to consider for your stop.
GHL – Up 4.5% and it set a new 52 week high, again. It has hit >$70 the past 3 days. Possible sign of a breakout. GHL and LAZ performed identically this week, except that LAZ tanked today while GHL held up well. One interesting bit of news - GHL started an investment fund.

COMMODITIES & EQUIPMENT
GRP – Up 34% after a nice run last week. Considering the pop up in oil, I would have been worried if it didn't pop up as well.
JLG - Down 4% after a flat week last week. No news, but I don't like it.
JOYG - Up 5%. It hit a new 52 week high. All is well
MDR - Up 3%. Hit a new 52 week high, again.
TIE – Up 3.5% after a solid week last week. It hit a new 52 week high and even touched $53 the past 2 days.

HI TECH
STX – Up 4%. And on good volume
MRVL – Up 10%. I mentioned that MRVL was a screaming buy and it looks like someone else saw it too. Up 10% this week. It broke through $60, but barely.
TRID – Flat after touching $31, it backed down again.

HEALTH
NTRI – Down 1%. AFter the wild run its had, I'm not surprised. Down on incredibly low volumes, so it may not mean much.
TEVA – Down 3%. Partly because of Merck, but frankly I don't like this stock's performance. It isn't TEVA's fault: their competition (BRL) is behaving the same way. There are too many winners out there for us to wait for TEVA to move. They get one earnings cycle to wake up the analysts, and we'll cut them loose first chance we get to make 5%~10%.

2 Comments:

Anonymous Anonymous said...

LiveRocket Performance is very impressive.

1:27 PM  
Anonymous Anonymous said...

LiveRocket is pretty neat and impressive performance. But I have a problem finding your model portfolio. I have been following up regulary. But, I dont know what all the stocks LiveRocket contains. Would you mind posting them too? Thanks.

10:29 AM  

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