This Week's Activity – March 1, 2014:
This week, the world market indices were
mixed, some up, some down, but none by much.
Read more here: http://news.yahoo.com/big-cut-u-fourth-quarter-gdp-growth-looms-060236067--business.html
I still think the markets are overpriced but continue
to look for good values on individual stocks of fundamentally valuable companies.
Two manufacturers of RF integrated circuits
that go into cell phones, RFMD and TriQuint, announced on Tuesday that they
will merge in late 2014. http://finance.yahoo.com/news/triquint-rfmd-merger-equals-205504969.html
My wife and I work as a team in managing our
retirement investments, researching and discussing stock and mutual fund
choices before placing an order. Sometimes
we don’t agree, and have to do more research to get enough facts to change one
of our minds. Last week was one of those
times. My wife is tired of waiting for
the Fed to raise interest rates, and she wanted to buy Vanguard Tax Free Municipal
Bond VWLTX which pays a Federal tax free interest rate of 3.99%. For the past year, I have been expecting the Fed
to raise rates, which should cause prices on bond mutual funds to go down. I expect that most bond funds will go down about
5% from today’s current prices as the Fed lets the 10 Year rate go back up to a
more normal 3.5% from the current rate of 2.66%. If that 5% share price drop happens, then
this 3.99% return will be swamped out by the 5% drop in share price over the next
year. My wife believes that the Vanguard
fund will not go down by that much and she wants to start receiving the nice
tax free dividend.
Here is the 10 year chart for VWLTX. Note that VWLTX dipped to $10.80 on Sept. 2,
2013.
But, I did not buy because I was waiting for
$10.50, which never happened. My wife
told me I was being too greedy, because after touching $10.80 on Sept. 2, VWLTX
rocketed back up 4.5% to the $11.29 that we paid for it on Thursday. If VWLTX turns and goes back down to my target
of $10.50, we will buy more.
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for more investing ideas,
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Summary Table of Worldwide Market Index
Closing values for this week:
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: Short
List would not run this week due to web look up problems.
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:
Volatility Sort would not run this
week due to web look up problems.
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.
Mutual Fund Short List
would not run this week due to web look up problems.
Last Week’s list had 34 funds. All are Bond funds, which are all still 5 to 9%
above their lows from 2006 to 2008 before The FED dropped interest rates to
bring the U.S.
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 Mutual Fund BUYs for This Week:
Fund Symbol: VWLTX
Buy Date:
2/27/2014
Buy Price:
$11.29
Target Sell Price: (None) Long Term Hold due
to 3.99% dividend
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:
Stock Symbol:
Buy to Close Date:
Expiration Date:
Strike Price:
Option Price:
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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