LiveRocket Week 21 Performance - Down -1.35%

TIE really hit hard, but then it pushed us up hard previously.

I am re-balancing the stocks this week. I'll explain where in a separate posting. For now, a brief overview of the portfolio today.

Most of our stocks are now in a simple trading pattern with some exceptions. Trading stocks will stay in the zone for another 2~3 weeks.

HIGH TECH

AMX – Up a tad.

CTSH – Down 4%. Non-stop $15 slide. Now it really is undervalued and I am going to wait for the next earnings release.
NUAN – Flat after hitting a new 52 week high.

PWR – Flat.

TRID– Flat.
UCTT – Flat

OIL SERVICES/EQUIPMENT

ATW – Up 2%.

CLB – Down 6%. The downgrade really hurt. 25 P/E for a company growing 50%+ and raising guidance. Makes no sense.

ESV – Down 1% but hit a new high
MDR – Up 1.3%. Another new high.

BIOTECH

DIGE – Up 3%. It’s looking like we bought near the bottom and it’s starting to move up.

HOLX – Down 9%. We are leaving and taking the 5% gains. We’ll be back later.
IMA – Up 10%

OTHER

KSU – Flat but hit a new 52 week high. I’m hearing rumors that Buffet’s purchase of Burlington is a move to raise rail rates. While railroads are an oligopoly, in reality they are a monopoly for shipping certain materials. Raising prices is easy. KSU could enjoy some favorable Buffet-led changes.
OCN – Up 1.6%
PCP – Flat

TIE – Down 8.5%. Takeover rumor did not materialize and I was greedily hoping. Put into perspective, TIE is doing better than the competition even with the pullback. Simmons is 75 years old. He has to get out sometime.