Saturday, June 24, 2006

Week 33 LiveRocket Performance - Up 2.87%

Week 33 (versus previous week)
Dow -0.24%
S&P -0.56%
NASDAQ -0.42%
LiveRocket 2.87%

YTD
Dow 2.54%
S&P -0.32%
NASDAQ -3.81%
LiveRocket 22.54%

Since Inception (Nov 4, 2005)
Dow 4.4%
S&P 2.1%
NASDAQ -2.2%
LiveRocket 34.2%

Nevermind that the markets ended down for the week, I think some sanity is returning.

If you look at technical analysis, you might see some signs. The MACD shows that the negativity peaked June 12th. The RSI shows overselling peaked June 1st and there's been a pronounced improvement since then. Volume is still light, so that could mean people on the sidelines need to be attracted back.

I also see stocks going up, especially the growth stocks. I think it will continue, with earnings on the way and Money Managers moving money into the right places.

We moved up this week, basically bottom fishing like the rest of the market.
We are also sitting on $336.02 in cash.

LATIN AMERICAN TELECOMMUNICATIONS
AMX Up 6%.
EMT Flat.

ENERGY STOCKS
I am quite excited to imagine energy stocks resuming their rise. The recent Anadarko acquisition could add some boost as well.
ESV - Up 5.2%.
GRP - Up 4.4%
MDR - Up 2.6%
TTI - Up 8.2%

HIGH TECH
These chip companies are still suffering concerns about consumer spending. That's ok - back to school in a few months, 5 months to holiday shopping.
ISIL Down 1.2%.
RFMD Down 3.9%.
ZRAN Up 1.3%

VARIOUS
DIS Down 3.4%. Cars has not taken off as strongly as expected. But I bet Pirates will. And we have yet to see the payoff of being an early adapter of iTunes video sales channel. Worth noting is that Disney is also in talks to open a park near Shanghai. That plus one in Malaysia - it adds strong revenue potential .....eventually. That's the only way to justify the high PEG.
ET Up 4.2%. I wonder how ET benefits from the recent crash. I know that I was forced to make trades as STOP orders were hit. That added to my broker's coffers.
JLG - Up 6.8%. I still think this is incredibly undervalued. caterpiller even announced the strength in their business.
JBLU - Up 2.4%. Summertime is the time for travel. Watch for higher prices, helping the bottomline. And JBLU always seems to pack their seats.
VOL - Up 3.5% Tight employment numbers are benefitting these companies.
TIE Up 1.3% Nothing but good news for this company.

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