Monday, June 9, 2014

Investment Idea Sharing June 8, 2014

For Week Ending – June 8, 2014: 
You may have noticed that the last 2 weeks, I have sent out this newsletter on Monday instead of Saturday. This is because I have been getting Yahoo data look-up errors on about 30 companies for the past few months.  Yahoo was returning errors on either Stock Price or 52 Week Low on several foreign stocks ending in .L or .AX, but it was the same stocks every week. I then had to look up the data for these stocks on Yahoo and enter it into Stock Evaluator by hand.  This is pretty time consuming, so I was trying other ways to fix my automatic look-up function.  Two weeks ago, I found that if I run the look-up late on Sunday, the data all comes in correctly.  I think maybe Yahoo was updating all of their data tables in a sequential fashion over the weekend so the tables I was getting my data from for these foreign stocks must have been the last ones to get updated.

Mutual Fund Evaluator is not updated yet for last week (June 7) due to technical problems.
  
On Thursday June 5, I sold a Covered Call Option on OPK, see details below.
Check out my article on how to use PUTs and CALLs: 

Last week, the world market indices were mixed with minor Up/Down movements.  The Dow Jones 30 Industrials and S&P 500 continued to inch up to new all time highs.  Here is an article discussing the jobs recovery that is happening in the U.S.http://www.fool.com/investing/general/2014/06/06/american-employment-finally-reaches-a-new-record-b.aspx

Here is the 5 Year Chart comparing the S&P 500 to the Dow Jones 30 Industrials:

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


Next Monthly Meeting 2nd Tuesday of Each Month:
Tuesday, June 10, 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:
Buy Date: 
Buy Price: 
Target Sell Price:

Here are my Option (CALL or PUT) Sells/Buys for This Week:
Option: Sell Covered Call
Stock Symbol: OPK
Sell to Open Date: 6/5/2014
Expiration Date: Jan 17/2015
Strike Price: $12.00
Option Price: $.60
I originally bought Opko Health (OPK) at $8.35 /share on Feb. 13, 2014 and my goal was to sell it at $12.  After I bought, it went up to $10, then back down to $8.  So when it got back up to $9.20 on Thursday, and I saw the Jan 2015 $12 option selling at $.60, I decided to take some money off the table. 

Visit www.ultimatestockfinder.com to download our Stock Evaluator and Mutual Fund Evaluator spreadsheets, read training articles and check out all our web links for investing information.

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 Stock Evaluator ‘Short List’ screening criteria and target limit values here: http://www.ultimatestockfinder.com/short_list_12_criteria.JPG

Mutual Fund Evaluator ‘Short List’

View the Mutual Fund Evaluator ‘Short List’ screening criteria and target limit values here:

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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