Week 25 - LiveRocket up 2.45%
Week 25
Dow 0.18%
S&P 0%
NASDAQ -0.85%
LiveRocket 2.45%
YTD
Dow 6.07%
S&P 5.05%
NASDAQ 5.35%
LiveRocket 25.9%
Since Inception (Nov 4, 2005)
Dow 8%
S&P 7.5%
NASDAQ 7.1%
LiveRocket 37.88%
This weekend I will be posting articles about two types of stocks: stagnant and falling. The reason is that these are stocks that I try to avoid and I want to consider how we recognize when they are showing signs of stagnating or falling.
Lastly, I want to re-cap the trends driving our investment choices and checking in on their validity.
Yesterday was a volatile day. Our stops pushed us out of stocks and we had to make fast decisions about walking away or jumping back in. After 1 day, here's the results.
ET: +0.7% or $99
GRP: 4.9% or $600
JLG: 7% or $470
JOYG: 1.3% or $84
WIRE: 6.2% or $486
Total Gain: $1739
The opportunity cost of having been Stopped out was:
ET: saved $60 (out at $25, closed today at $24.88)
GRP: saved $50 (out at $49, got back in at $48.8)
JLG: saved $140 (out at $27.5, got back in at $26.8)
JOYG: lost $85 (out at $64, got back in at $64.85)
MRVL: lost $418 (out at $55, closed today at $57.09)
TRID: saved $360 (out at $27.5, closed today at $26.6)
Total gain: $277
TOTAL IMPACT OF STOP ORDERS: +$2016
However, this is only true because we acted fast and got back in. Had we stayed out, the total impact would be just the difference between the STOP price and today's closing price or (-$1073). That's a $3.2K swing.
The key was responding quickly to the STOP, deciding if the pullback was meaningful or just nervousness, and determining which stocks had a better chance of coming back (notice that I did not re-enter TRID or MRVL: my gut said TRID was behaving too strangely and I am tired of watching MRVL bounce around between $55 and $60)
On to the weekly performance. I will be posting our new portfolio over the weekend, given the fast changes yesterday. Also, I think that there is major sector rotation about to happen.
FINANCIALS
ET – Down 10%. AMTD is also down the same. The P/E is now 20 for a company growing 50% earnings. fear of pricing war? No chance. Market stupidity.
GHL – Up 0.6%. LAZ and GS are falling apart.
COMMODITIES & EQUIPMENT
The Chinese hit us with a big scare.
GRP – Down 5%. Moved like VLO. No surprise.
JLG - Down 7%. Like CAT, except CAT released stellar earnings.
JOYG - Down 7.5%. It fell 15% and recovered. A bit.
MDR - Flat
TIE – Up ~13%.
HIGH TECH
STX – Up 6%
MRVL - We were stopped out. Down 1% for the week.
TRID - Down 11%. This is stupid. The market is mistaken. We will be getting back in. I was hoping it would drop to $26 again today, but I blinked and it was back up.
HEALTH
NTRI – Up 35%. Great results. I sense pullback. We may bail and let it slide and get back in. I'll make a decision this weekend.
TEVA – Up 2%. Just bouncing around $40.
I will be posting new STOPS this weekend
Dow 0.18%
S&P 0%
NASDAQ -0.85%
LiveRocket 2.45%
YTD
Dow 6.07%
S&P 5.05%
NASDAQ 5.35%
LiveRocket 25.9%
Since Inception (Nov 4, 2005)
Dow 8%
S&P 7.5%
NASDAQ 7.1%
LiveRocket 37.88%
This weekend I will be posting articles about two types of stocks: stagnant and falling. The reason is that these are stocks that I try to avoid and I want to consider how we recognize when they are showing signs of stagnating or falling.
Lastly, I want to re-cap the trends driving our investment choices and checking in on their validity.
Yesterday was a volatile day. Our stops pushed us out of stocks and we had to make fast decisions about walking away or jumping back in. After 1 day, here's the results.
ET: +0.7% or $99
GRP: 4.9% or $600
JLG: 7% or $470
JOYG: 1.3% or $84
WIRE: 6.2% or $486
Total Gain: $1739
The opportunity cost of having been Stopped out was:
ET: saved $60 (out at $25, closed today at $24.88)
GRP: saved $50 (out at $49, got back in at $48.8)
JLG: saved $140 (out at $27.5, got back in at $26.8)
JOYG: lost $85 (out at $64, got back in at $64.85)
MRVL: lost $418 (out at $55, closed today at $57.09)
TRID: saved $360 (out at $27.5, closed today at $26.6)
Total gain: $277
TOTAL IMPACT OF STOP ORDERS: +$2016
However, this is only true because we acted fast and got back in. Had we stayed out, the total impact would be just the difference between the STOP price and today's closing price or (-$1073). That's a $3.2K swing.
The key was responding quickly to the STOP, deciding if the pullback was meaningful or just nervousness, and determining which stocks had a better chance of coming back (notice that I did not re-enter TRID or MRVL: my gut said TRID was behaving too strangely and I am tired of watching MRVL bounce around between $55 and $60)
On to the weekly performance. I will be posting our new portfolio over the weekend, given the fast changes yesterday. Also, I think that there is major sector rotation about to happen.
FINANCIALS
ET – Down 10%. AMTD is also down the same. The P/E is now 20 for a company growing 50% earnings. fear of pricing war? No chance. Market stupidity.
GHL – Up 0.6%. LAZ and GS are falling apart.
COMMODITIES & EQUIPMENT
The Chinese hit us with a big scare.
GRP – Down 5%. Moved like VLO. No surprise.
JLG - Down 7%. Like CAT, except CAT released stellar earnings.
JOYG - Down 7.5%. It fell 15% and recovered. A bit.
MDR - Flat
TIE – Up ~13%.
HIGH TECH
STX – Up 6%
MRVL - We were stopped out. Down 1% for the week.
TRID - Down 11%. This is stupid. The market is mistaken. We will be getting back in. I was hoping it would drop to $26 again today, but I blinked and it was back up.
HEALTH
NTRI – Up 35%. Great results. I sense pullback. We may bail and let it slide and get back in. I'll make a decision this weekend.
TEVA – Up 2%. Just bouncing around $40.
I will be posting new STOPS this weekend
posted by Andrew at
5:13 PM
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