Saturday, February 22, 2014

Investment Idea Sharing Feb. 22, 2014

This Week's Activity – February 22, 2014: 
This week, the world market indices were mixed, some up , some down, but none by much.
I still think the markets are overpriced but continue to look for good values on individual stocks of good solid companies. 
Japan Display Inc. a major supplier of Apple’s smartphone screens is planning an IPO: http://finance.yahoo.com/news/huge-apple-supplier-plans-ipo-151500142.html

At the request of Brian who is following Australian Stocks, I have added all 200 of the stocks on the Australian Stock Exchange ASX 200 index.  They are currently listed under “Industry” code “ASX-200 Index”, but I will change them to their proper Industry codes over the next couple of weeks so these stocks can be easily compared within their respective industries.  Be sure to let me know if you are following any stocks or funds that are not on the “Evaluator” spreadsheets.  I will be happy to add them.  The more the merrier!

Remember, when you are on vacation away from your computer and email, you probably still have your smartphone.  Which means you can read these weekly updates at our Ultimate Stock Finder blog which has now been optimized for smartphone.   http://ultimatestockfinder.blogspot.com/   Same weekly update and ideas, but in a much smaller format.  Put on your reading glasses.

Visit our website: http://www.ultimatestockfinder.com/ for more investing ideas, links, training, tools and information.

Summary Table of Worldwide Market Index Closing values for this week:

This week I bought back (Bought to Close) the PUT I had sold on MYGN on January 6.  When I sold this PUT MYGN was at $21.03/share, and over the next 5 weeks it went up to $35, which was a 5 year high.  See 5 year chart below.  I decided to close out this PUT to lock in my profits and not wait for the risk of MYGN going back down. See the details below in (CALL or PUT) Sells for This Week.      
See the Yahoo 5 year chart for MYGN:

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/short_list_12_criteria.JPG

Stocks on the ‘Short List’ list this week are:  CHA

Stock Evaluator ‘Volatility Sort’
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: RJET, CHMG, MN, VSR, EIG, SDR, BJRI, GMAN, HOS, TEU   

MutualFundEvaluator ‘Short List’
Mutual Funds that are within 3% of their 52 week low AND have less than 3 Red cells. 
This week’s list has 34 funds.  All 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 at least 3.5% compared to today’s 10 year rate of 2.67%.  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.

The top two funds on this week’s short list are BCOSX and MWTRX.
Here are their 10year charts to show why I am still waiting to buy.



Next Monthly Meeting 2nd Tuesday of every Month:
Tuesday, March 11, 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/Buys for This Week:
I Bought to Close this Cash Secured PUT that I had sold on Jan. 6, 2014 at $2.35/share
Option:  Cash Secured PUT
Stock Symbol: MYGN
Buy to Close Date: 2/19/2014
Expiration Date: 1/20/2015
Strike Price: $20
Option Price: $.45
MYGN was at $21.03 on Jan. 6 when I sold this PUT, and was at $34.42 on Feb. 19 when I bought the PUT to Close out my position.  My net profit was $2.35 - $.45=$1.90 / share.


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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