Investment Idea Sharing - July 26, 2014:
See my wife’s stock buy this week (MCD) and my Covered Call sell (STM) below.
I will be on vacation for the next two weeks, and will not send out this newsletter and will not update the information on the website. The next data update will be Sunday August 17.
With the American stock markets staying near all time highs, I recommend you read this article from “The Motley Fool” that was on the web in Jan. 2014. http://www.ultimatestockfinder.com/5_basic_rules_of_good_investing.html
Their 5 rules are very simple and I read them again this morning to be sure I am continuing to follow them in my investing. For me, their Rule #5 “The Odds of Experiencing Stock Market Volatility are Exactly 100%” reminded me to re-read this article by Mark Hulbert. http://www.marketwatch.com/story/has-the-beginning-of-the-end-of-the-bull-market-begun-2014-06-25?dist=beforebell
Stock Market volatility can work in my favor if I remember to only buy good companies at 52 Week low (or longer) low prices. When the markets are in a huge long term upswing like the past 4 years, this watching and waiting becomes ever more difficult to do. But the other main rule for investing is “Buy Low, Sell High”. In times like now, this really takes a lot of patience.
Last week, the world market indices were mostly flat, except for Toronto (TX60.TS) which hit a new 5 year high this week. http://us.spindices.com/indices/equity/sp-tsx-60-index
The Dow Jones 30 Industrials and S&P 500 are still very near all time highs.
I will continue to look for stocks that have good fundamental financial values, but stock prices near 52 week lows.
Summary Table of Worldwide Market Index Closing values for this week:
Next Monthly Meeting 2nd Tuesday of Each Month:
I need to move the August monthly meeting to the 3rd Tuesday for August only.
It will be Tuesday, August 19, 2014, 7:30 PM at my house.
Here are my Stock BUYs for This Week:
Stock Symbol: MCD
Buy Date: 7/23/2014
Buy Price: $95 (currently pays 3.2% dividend)
Target Sell Price: $100
Here is the 5 Year Chart for MCD:
This week, McDonald’s reported weak quarterly results. The market punished them pretty harshly. http://wallstcheatsheet.com/business/mcdonalds-sees-weakness-after-double-dose-of-bad-news.html/?ref=YF MCD does NOT meet hardly any of my fundamental value (Red Cell) critieria for a good buy, but my wife likes them. She manages a portion of our total portfolio, and our deal is that she can buy whatever she wants without my approval. She made this buy for MCD.
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:
Option: Covered Call
Stock Symbol: STM
Sell to Open Date: 7/21/2014
Expiration Date: 1/17/2015
Strike Price: $10
Option Price: $.60
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’
Download ‘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 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’
Download ‘Short List’ here: http://www.ultimatestockfinder.com/mutualfundevaluator_short_list.xls
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.
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