Investment Idea Sharing May 9, 2015

Investment Idea Sharing – May 9, 2015 

See below for my personal stock market Buys or Sells for this week:

Buy Stock/ Fund:  none                                        

Sell Stock/Fund: none

Sell (to Open) Covered CALL: none

Buy (To Close) Covered Call: none             

Sell (to Open) Cash Secured PUT: none

Buy (to Close) Cash Secured PUT: none        

See the details on each of these transactions below the Weekly Summary table.

I have several PUTs and CALLs that expire this Friday, May 15.  Several are close to expiring worthless and several are close to being executed.  So I am really looking forward to how the market closes this Friday.

The world market indices were mixed this week.  The US indexes (Dow, S&P 500, NASDAQ) remain near their all time highs.  Here are two articles about what was happening last week.

http://finance.yahoo.com/news/us-economy-rebounding-solid-unspectacular-161826016.html

http://www.bloomberg.com/news/articles/2015-05-11/reflation-trade-grips-s-p-500-as-banks-hold-up-amid-bond-selloff?cmpid=yhoo

China’s Shanghai Composite Index (SSE) also remains near its 7 year high, which is a 100% increase from its 52 week low price.  I think the SSE is much more over priced than our US market indices.  Here is the Yahoo 10 year chart for the SSE composite index: https://finance.yahoo.com/echarts?s=000001.SS+Interactive#{"range":"10y"}

Yahoo and all of my other preferred websites do not report the Average P/E Ratio for the SSE, so I looked on the SSE website http://english.sse.com.cn/ and near the middle of the page it states this P/E is 20.73.  The Hong Kong Index (HSI) P/E is 1.6, and the Brazil (BVSP) is 6.4 (see below for my “Weekly Summary Table of Worldwide Market Index Closing values”). 

I cannot find the P/E for other emerging market indices like Russia (RTS.RS), India (BSESN) and Mexico (MXX), so I need to do more research for these other emerging market P/E’s to see how they compare v.s. the P/E for China’s SSE.  Since emerging markets typically have less transparency on company financials than the US indices, this means more risk for fundamental investors like me when trying to place proper value on any company.  I will try to find better data on these emerging market P/E ratios.

The price of oil went DOWN this week and ended at $59.39, down from $59.63 last week. 

See the 6 month Oil Price chart here: 

http://futures.tradingcharts.com/chart/CL_/?anticache=1431321435

Weekly Summary Table of Worldwide Market Index Closing values:

 http://www.ultimatestockfinder.com/weekly_index_summary.GIF

Here are my Stock / Fund BUYs for This Week:

Symbol:  none

Buy Date:   

Buy Price: 

Target Sell Price:

Here are my Stock / Fund SELLs for This Week:

Stock Symbol:

Sell Date: 

Sell Price: 

Buy Price:  

Buy Date:  

Here are my Option (CALL or PUT) Sells/Buys for This Week:

Option: Sell to Open Covered CALL 

Stock Symbol:

Sell to Open Date:

Expiration 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 Covered CALL 

Stock Symbol:

Sell to Open Date:

Expiration Date: 

Strike Price:

Option Price:

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 Cash Secured PUT 

Stock Symbol:  

Sell to Open Date:

Expiration Date:  

Strike Price:  

Option Price:

Option: Buy to Close 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.

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 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:

http://www.ultimatestockfinder.com/mutualfund_short_list_criteria.JPG

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

______________________________________________

To Remove Your Name from this email distribution list, reply to me and I will delete your name.

You can read this weekly ‘Investment Idea Sharing’ newsletter at our Ultimate Stock Finder blog: http://ultimatestockfinder.blogspot.com/