This Week's Activity – April 26, 2014:
One of my friends has inherited some money and wants to put half of it with a fee based money manager, and try managing the other half by himself using mutual funds. So I made up a new ‘Short List’ screener in Mutual Fund Evaluator.xls to find excellent long term buy and hold mutual funds that he can consider. Here are the criteria and limits that I am using:
Note that this screen is set to <16% Above 52 Week Low instead of the <5% above 52 Week Low that I usually do. This is because I want to deliver more good funds for consideration. This screen returns both stock and bond funds, and is based purely on fund performance and fees. With the settings shown above, this ‘Short List’ screen returns about 80 Mutual Funds. This provides my friend with a starting list of excellent funds. Then he can tighten the screening criteria to find a few good funds that fit his exact investment preferences. “Fund Manager” name is in Column D so my friend can look for the stock brokerage he is planning to use and see if they have any funds good enough to make it on this list. If not, then I will show him how to check the funds list at his brokerage’s website to see if they have agreements with certain fund managers to sell specific funds for No-Load and No Fees.
This ‘Short List’ will deliver good funds for long term ‘Buy and Hold’ investing. The only decision left is to decide if he wants to wait for a market drop before buying into one of these good funds. Download ‘Short List’ from the Ultimate Stock finder website: http://www.ultimatestockfinder.com/mutualfundevaluator_short_list.xls
This week, the world market indices were mixed with minor Up / Down movements except for the Russian Index which was down 5%. Here is an article discussing the increase in tensions in
and : Russia
Summary Table of Worldwide Market Index Closing values for this week:
I still think the markets are overpriced but I continue to look for good values on individual stocks of good solid companies.
StockEvaluator ‘Short List’
View ‘Short List’ here: http://www.ultimatestockfinder.com/stockevaluator_short_list.xls
‘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
I also use FinViz stock screener as a parallel check along with my ‘Short List’ to find good fundamental stocks that are near their 52 Week Lows. Here is the FinViz stock screener link set to the 9 out of 12 ‘Short List’ limits that are available at FinViz.
This is in the FinViz ‘Custom’ view:
Next Monthly Meeting 2nd Tuesday of Each Month:
Tuesday, May 13, 2014, 7:30 PM at my house.
Here are my Stock BUYs for This Week:
Target Sell Price:
Here are my Stock SELLs for This Week:
Here are my Mutual Fund BUYs for This Week:
Target Sell Price:
Here are my Option (CALL or PUT) Sells/Buys for This Week:
Sell to Open Date:
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