Dow Jones 30 and S&P 500 hit all time highs again this week. I am continuing to hold on to cash in anticipation of a market drop. If the market drops, that will be the time when I hope to see StockEvaluator.xls start to help us identify a lot of good companies that are near their 52 week lows. This weeks "StockEvaluator.xls Short List" view that is available at the bottom of the UltimateStockFinder home page contains the 15 companies for this week that are within 5% of their 52 Week Low and also have less than 5 Red Cells. Six of them are gold mining companies, that I am afraid can continue to drop a lot more, so I am waiting before I buy any of these 6. Three of the others have revenue less than $200 million which is too small for my low risk tolerance. Of the remaining 6 companies, 2 have debt to equity > 100% (my max. acceptable value for this is 50%). Of the last 4, I already own AAPL and am looking at the last 3, but am not ready to buy when the market is so high. I would rather hold on to my cash than buy a company right before the market takes a drop.
Next Monthly Meeting 2nd Tuesday of every Month:
Tuesday, May 14, 2013 , 7:30 PM at my house.
Here are my Buys for April 2013:
Buy Company Buy
Date Bought Price Target Sell
----- --------- ------ -------------
Here are my Sells for April 2013:
Sell Company Sell Buy Buy
Date Sold Price Price Date
------- ---------- ------- ------- ------------
StockEvaluator.xls and Mutual FundEvaluator.xls are available for download at www.ultimatestockfinder.com
Remember to send me any other stocks or mutual funds that you would like to see added to the Evaluator spreadsheets, and "Reply All" with any other investing ideas, information or questions that you want to share.
Thanks,
John D.
Visit Our Website UltimateStockFinder.com for More Investing Ideas:
All the Yahoo!Finance data is refreshed on Saturday morning into StockEvaluator.xls and contains over 1,900 company stocks. We will add any company you would like to the list. Download "StockEvaluator.xls spreadsheet" at: http://www.ultimatestockfinder.com/
MutualFundEvaluator.xls is also updated weekly and currently contains over 500 mutual funds.
Run the various Ctrl-_ sort commands in StockEvaluator.xls and MutualFundEvaluator.xls to bring the best companies to the top based on their key financial values.
Under "Web Search Links" you can find our favorite links for good investing information including:
Screener for New 52 week lows
Screener for Good Fundamental Values
Screener for Stocks with High Volatility
CNN links that show current P/E values for the major worldwide indexes.
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Download StockEvaluator.xls and MutualFundEvaluator.xls spreadsheets
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See "S&P 500 Total Return Comparison" spreadsheet for 20 year comparisons of many funds
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