This Week's Activity – July 20, 2013:
This week, the Japanese Nikkei 225 index continued
its recovery, ending on July 19 at 14,589 up from 14,506 last week, but still
down from 15,381 on Monday May 20. This
is now only a 5.2% drop in 9 weeks. This
week, the Dow ended at 15,543, up from 15,464 last week, now at a new all time
closing high. So, there is no obvious
drop or correction going on here. The
market is still hoping Mr. Bernanke and The FED will keep the easy money policy
and low interest rates going. I am
continuing to look for companies with good fundamental financial values that
are near their 52 week lows.
The FED is continuing to do Quantitative
Easing (QE) to hold interest rates low until unemployment gets to about 6.5%
from the current level of about 7.6%. Here
is a good Wikipedia article about how Quantitative Easing works http://en.wikipedia.org/wiki/Quantitative_easing.
Even though the FED is continuing QE and also
holding the Prime Rate at 3.25%, the 30-year Fixed Rate Mortgage rate has gone
from 3.35% in Dec. 2012 to 4.07% in June 2013.
This means that regular people are paying higher interest rates to buy a
house even though the big banks can still borrow at Prime. So, even though the
FED is not raising rates, the overall market IS raising rates to you and me. I think this is a good sign and should help
to lessen the shock waves that will happen in the stock market when the FED
finally does raise the Prime rate and stop the Quantitative Easing (QE) buying
of Treasury Bonds. See weblinks to historical values for both of these rates at
the Ultimate StockFinder “Links” page http://www.ultimatestockfinder.com/websearchlinksindex.html
StockEvaluator “Short List” shows only
companies that are within 5% of their 52 week low AND have less than 5 Red
cells. This week only 9 companies are on
the short list. None of them look good
to me. The two biggest in terms of sales
revenue are PBF and RWE.DE. PBF has very
high Debt to Equity at 221%. RWE.DE has
Balance Sheet values on Yahoo Finance that only go up to year 2009, so these
values are too old to use for making any buy decision. The four Closed End Bond Funds are down
because the market is already driving bond prices down in anticipation of the
FED starting to raise interest rates sooner rather than later.
MutualFundEvaluator
“Short List” shows funds that are within 3% of their 52 week low AND have less
than 3 Red cells. This week’s list has 25
funds. They are all Bond funds, which
are continuing to go down in anticipation of The FED raising interest rates. I am continuing to wait on any bond fund buys
in hopes they can go even lower.
“Volatility” sort shows only companies that have:
Average Daily Price Volatility >3% ;
Within 10% of their 52 week low ; Less than 6
Red cells ; Profit >0% and Dividend >1%.
This week’s list has only 3 companies.
None of them look good to me this week.
Next Monthly Meeting 2nd Tuesday of every Month:
Tuesday, August 13, 2013 , 7:30 PM at my
house.
Here are my Stock BUYs for Last Week:
Buy Company Buy
Date Bought Price
Target Sell
----- --------- ----- ------------
none
Here are my Stock SELLs for Last Week:
Sell Company Sell Buy
Buy
Date
Sold
Price Price Date
----- --------- ------- ------- ------------
7/15 AAPL $43.00
$399.00 6/26/2013
Here are my Option (CALL or PUT) Sells for Last Week:
I only do Covered CALLs or Cash Secured PUTs
Option
Sell Stock
Strike Expiration Option
Type
Date Symbol Price Date
Price
------
------ -------- ------ ---------- --------
None
StockEvaluator and Mutual FundEvaluator spreadsheets 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
any other investing ideas, information or questions that you want to share.
Thanks,
John D.
______________________________________________
Visit Our Website UltimateStockFinder.com for More Investing Ideas:
At "Stock Evaluator", download various pre-sorted views
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All the financial data is refreshed on Friday night into StockEvaluator
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At “Mutual Fund Evaluator” download this weeks MutualFundEvaluator
spreadsheet.
MutualFundEvaluator is also updated weekly and currently contains
over 700 mutual funds.
Run the various Ctrl-_ sort commands in StockEvaluator and
MutualFundEvaluator to bring the best companies to the top based on
their key financial values.
Also, View our YouTube training videos to learn how to use StockEvaluator
and MutualFundEvaluator.
At "Training" read more information on how we do our
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“Training Module 1 -
Why Use StockEvaluator.xls And How to
Use It”
"How We Use PUTs and CALLs to Minimize Risk and
Increase Profit on Each Buy & Sell"
"S&P 500 Total Return Comparison"
spreadsheet for 25 year comparisons of many funds
"Compare Annuity Returns, Expenses and Death
Benefit v.s. Managing it Yourself"
At "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
Links that show current P/E values for the major
worldwide indexes.
Current Prices and 52
week ranges for major commodities
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