This Week's Activity – December 21, 2013:
Check out Ultimate Stock Finder’s new training
videos that show how to quickly create ‘Row-by-Row’ comparison views in both Stock
Evaluator and Mutual Fund Evaluator spreadsheets so you can easily compare the key
fundamental values for any number of stocks or mutual funds you are analyzing.
Click here to see the Stock Evaluator
‘Row-by-Row’ Comparison video: https://www.youtube.com/watch?v=4bBBo4HGIJM
Click here to see the Mutual Fund Evaluator
‘Row-by-Row’ Comparison video:
This week, most of the world market indices
were up on the good economic reports about U.S. GDP, unemployment and job
creation. Also, this week, the Federal
Reserve announced it would decrease its bond buying by $10 billion a month
(from $85B to $75B) starting in January 2014.
The markets had been expecting this “tapering” of bond buying for
several months and did not panic when finally hearing the official
announcement. Read more here: http://news.yahoo.com/stock-futures-climb-economic-confidence-gdp-tap-121450873--sector.html
I still think the markets are overpriced but I
continue looking for good values on individual stocks of good solid
companies.
Click here to see the Summary Table with
Worldwide Market Index Closing values for this week: http://www.ultimatestockfinder.com/weekly_index_summary.GIF
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This week I sold a Cash Secured PUT on Newmont
Mining (NEM). See the details below in (CALL or PUT) Sells for This Week. NEM closed this week at $22.64, a 5 year low. Revenue is down 20%, profit is -$704 Million
due to low gold prices and also major problems getting a new mine started (see article
link below). But, NEM still has fairly
low debt to equity, no goodwill to equity, and $1.5 Billion in cash. I believe NEM can recover from this current
slump.
See this article for current problems being
faced by NEM: http://seekingalpha.com/article/1899071-newmont-mining-overvalued-compared-to-its-peers?source=yahoo
See the Yahoo Profile for NEM at http://finance.yahoo.com/q/pr?s=NEM+Profile
See the Yahoo 10 year chart for NEM at
StockEvaluator ‘Short List’
‘Short List’ screens using 12 fundamental value
limits that I want to see in a stock before considering it as a possible buy. View our training video that shows how to
enter your preferred values for each of these ‘Short List’ screening limits:
View the ‘Short List’ screening criteria and
target limit values here: http://www.ultimatestockfinder.com/stock_evaluator_screener.html
Stocks on the ‘Short List’ list this week are: CAJ, PTR, UMC, CHA.
Stock Evaluator ‘Volatility Sort’
View ‘Volatility’ sort here: http://www.ultimatestockfinder.com/stockevaluatorvolatilitysort.xls
Stocks on the ‘Volatility Sort’ have Current
Price <5% above 52 week low, Volatility >3%, Profit>0%, <6 Red
cells in Stock Evaluator.xls.
Stocks on the ‘Volatility Sort’ this week are:
EGO, IAG, IMG.TO, NGD, ZA.
MutualFundEvaluator ‘Short List’
View ‘Short List’ here: http://www.ultimatestockfinder.com/mutualfundevaluator_short_list.xls
Mutual Funds that are within 3% of their 52
week low AND have less than 3 Red cells.
This week’s list has 40 funds. All except 1 (FRIFX) are Bond funds, which
are all still 3 to 8% above their lows from 2006 to 2008 before The FED dropped
interest rates to bring the U.S. out of the recession. When interest rates go down, bond prices go
up, and when interest rates go up, bond prices go down. These bond funds only pay a 3 to 4% annual
dividend and I think the bond prices will go down another 3 to 4% when The FED
finally lets interest rates go back to historic levels which mean 10 Year Bond
interest rate of 3.5% compared to today’s 10 year rate of 2.89%. I will continue to wait before buying any
bond funds because I do not want to lose a whole year’s worth of interest if I
buy back in too soon.
Next Monthly Meeting 2nd Tuesday of every Month:
Tuesday, January 14, 2014 , 7:30 PM at my
house.
Here are my Stock BUYs for This Week:
Stock Symbol:
Buy Date:
Buy Price:
Target Sell Price:
Here are my Stock SELLs for This Week:
Stock Symbol:
Sell Date:
Sell Price:
Buy Price:
Buy Date:
Here are my Option (CALL or PUT) Sells for This Week:
I only Sell Covered CALLs or Cash Secured PUTs
Option: PUT
Stock Symbol: NEM
Sell Date: Dec. 20, 2013
Expiration Date: June 21, 2014
Strike Price: $22
Option Price: $2.35
Visit www.ultimatestockfinder.com
to download all Stock Evaluator and Mutual Fund Evaluator spreadsheets, read
training articles and check out all our web links for investing information.
Please remember to send me any other
investing ideas, information or questions that you want to share with the group.
Thanks,
John D.
Disclosure: The author has no positions in any of the
stocks or mutual funds mentioned in this article unless clearly stated above. We
certify that except as cited herein, this is our work product. We received no
compensation or other inducement from any party to produce this article. Please see our full legal disclaimer at: http://www.ultimatestockfinder.com/stockevaluator_disclaimer.html
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