Investment Idea Sharing – August 16, 2014:
See my stock sale this week (JCP) below.
Last week, the world market indices were mostly
flat, except for Hong Kong (Hang Seng HSI)
which hit a new 5 year high this week. https://finance.yahoo.com/echarts?s=%5EHSI+Interactive#symbol=%5Ehsi;range=5y;compare=;indicator=rsi+volume;charttype=area;crosshair=on;ohlcvalues=0;logscale=off;source=;
I can’t find a good article that explains why
the HSI is so high.
The Dow Jones 30 Industrials and S&P 500 are
still very near all time highs.
I 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:
Buy Date:
Buy Price:
Target Sell Price:
Here are my Stock SELLs for This Week:
Stock Symbol: JCP
Sell Date:
Aug. 15, 2014
Sell Price:
$9
Buy Price: $10
Buy Date: Jan. 17, 2014 (I originally sold a
$10 PUT on JCP for $1.50 on Apr. 10, 2013.
JCP was PUT to me on Jan 17, 2014.
I then sold a Covered CALL on JCP on March 25, 2014 at Strike price of
$9 for $1.15. I was finally called out of
JCP this week on Aug. 15.
Net profit / share on my $10 investment was
$1.50 (sold PUT) plus $1.15 (sold CALL) minus $10 (stock buy price) plus $9 (stock
sell price) = $1.50+$1.15-$10+$9=$1.65 for having $10 tied up for 17 months
(Apr.2013 to Aug.2014). This works out
to an 11% return per year on an annualized basis.
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:
Stock Symbol:
Sell to Open Date:
Expiration Date:
Strike Price:
Option Price:
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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