Investment Idea Sharing – Oct. 15, 2014 Mid Week Update:
See below for my personal stock market Buys or
Sells for this week:
Buy Stock: none Sell
Stock: none
Buy To Close Covered Call: none Sell Covered CALL: none
Buy to Close Cash Secured PUT: none Sell Cash Secured PUT: none
See more details on these transactions below
the Weekly Summary table below.
For the past 10 days, my wife and I were on
vacation in New York state and visited Niagara Falls , Albany , Manhattan
Over the past 25 years, FCNTX returned an
average of 14.2% per year versus the S&P 500 which returned an average of
10.4%. 10 year average annual returns:
FCNTX is 10.1% and S&P 500 is 7.5%. FCNTX
is 4% better than the S&P 500 at 25 years, and 2.5% better at 10 years. Using my Mutual Fund Evaluator spreadsheet screening
capabilities, I have found 90 funds that returned as good or better than FCNTX
over at least the past 10 years. But
even with this week’s big drop, almost half of these 90 funds are not yet down
to be within 5% of their 52 week lows.
Use Column C “Fund Symbol” and Column D “Fund Family” to confirm with
your brokerage house if any funds you are interested in can be purchased at no
transaction fee from your brokerage.
Link Here for this spreadsheet: http://www.ultimatestockfinder.com/mutualfundevaluator_like_fcntx.xls
My wife and I decided a year ago that the next
time we got a 10% market drop, we would move 3% of our idle cash into a mutual fund
that has better performance than FCNTX to gain more diversification.
Over the past month, the S&P 500 has
dropped 7.3%.
Sept. 19 it was the all time high closing
value of 2,010.40
Oct. 16 (today) it closed at 1,862.76 down
7.3% from the Sept. 19 closing value.
But today’s low is still not its low for
2014. That low was 1739.66 on Feb. 3,
2014.
Here is the 1 year chart for the S&P 500
(It is symbol ^GSPC at Yahoo Finance): https://finance.yahoo.com/echarts?s=%5EGSPC+Interactive#symbol=%5Egspc;range=1y;compare=;indicator=rsi+volume;charttype=area;crosshair=on;ohlcvalues=0;logscale=off;source=;
Here is the S&P 500 chart from March 2007
to Dec. 2012:
I made a table to look at the big drops in the
S&P 500 since 2008 so I could see how long each of these drops lasted from
the starting high to the finishing low before the market finally turned back
up. There were 7 drops greater than 5%
and the duration ranged from 294 days to 12 days. This current drop has lasted 27 days and has
not turned back up yet. But it has not
hit my 10% down target, so I am going to wait and be ready to buy if it goes on
down to my 10%.
I continue to look for stocks that have good
fundamental financial values, but stock prices near 52 week lows.
Weekly Summary Table of Worldwide Market Index
Closing values:
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: Buy to Close Covered CALL
Stock Symbol:
Original Sell to Open Date:
Original Expiration Date:
Buy to Close Date:
Strike Price:
Option Price:
Option: Sell to Open Covered CALL
Stock Symbol:
Sell to Open Date:
Expiration Date:
Strike Price:
Option Price:
Option: Sell to Open Cash Secured PUT
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.
NOTE: Spreadsheets will NOT be updated from
Sept. 1 until Sept. 20 because I am on vacation.
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.
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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