Investment Idea Sharing – August 22, 2015
Starting now, I am changing this newsletter to be every month
instead of every week.
See below for my personal stock market Buys or
Sells for the past month:
Buy Stock/ Fund:
Sell Stock/Fund: UVXY ,
UCO , USO
Sell (to Open) Covered CALL:
Buy (To Close) Covered Call:
Sell (to Open) Cash Secured PUT:
Buy (to Close) Cash Secured PUT:
See the details on each of these transactions
below the Weekly Summary table.
The world market indices were ALL DOWN over
the past month. Over the past month, the
Dow is down 9.0% and the S&P 500 is down 7.3%. Both indices are now down for 2015, Dow by
7.6% and S&P by 4.3%. Several
reasons: China
devalued their currency; The FED may raise interest rates here in the U.S. ; the price
of oil continues to drop and has now dropped from $110 / barrel a year ago to
$40 now; and disappointing corporate profits.
S&P 500 1 Year chart from Yahoo Finance: https://finance.yahoo.com/echarts?s=%5EGSPC+Interactive#{"allowChartStacking":true}
The price of oil went DOWN this week and ended
at $40.45, down from $42.50 last week.
See the 1 year Oil Price chart here: http://futures.tradingcharts.com/chart/CL_/W?anticache=1440295280
Monthly (was Weekly) Summary Table of
Worldwide Market Index Closing values:
Here are my Stock / Fund BUYs for This Week:
Symbol:
Buy Date:
Buy Price:
Target Sell Price:
Here are my Stock / Fund SELLs for This Week:
Stock Symbol: UVXY
Sell Date: August 10, 2015
Sell Price: $24.50
Buy Price:
various from $110 to $30
Buy Date:
various from Jan 2015 to July 2015
I was sure that the market was going to drop
and make a correction, but I did not know when.
I was so sure that I continued buying UVXY from January to July 2015 as
UVXY went down and the market continued
to go up against all of my logic. By the
end of July I had way too much of my portfolio tied up in UVXY and had lost a significant
amount of money with no end in sight. I
decided that even if the market DID take the drop I was waiting for, and UVXY
was to jump up, I would still never recoup all of my losses. So I sold to stop the bleeding while my UVXY
was still worth something. On August 17,
the market started the drop I had waited for since January and UVXY went from
$25 on Aug. 17 up to $42 by August 21.
My big personal lesson here was I must never again put so much money on
any one investment that I cannot afford to lose it and then have to get out
before the investment has time to turn back up.
Stock Symbol: USO
Sell Date:
August 14, 2015
Sell Price: $15.00
Buy Price:
$20
Buy Date:
various from Jan 2015 to June 2015
Same story as with UVXY above, I was so sure
that oil would come back that I kept on buying USO as the price went down. Same investing life lesson for me. The only difference here is that after I sold
my USO at $15, it continued going down and ended this week at $13.23
Stock Symbol: UCO
Sell Date:
August 14, 2015
Sell Price: $23.00
Buy Price:
$45
Buy Date:
various from Jan 2015 to June 2015
Same story as with USO above, I was so sure
that oil would come back that I kept on buying UCO as the price went down. Same investing life lesson for me. The only difference here is that after I sold
my UCO at $23, it like USO, continued going down and ended this week at $19.47
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.
I lost so much money from my retirement
accounts with my poor choices of UVXY and USO and that I need to go back to
work to be sure that my retirement savings will last me for at least 30 years
til age 91. I am interviewing with my
former employer and several other companies in the same kind of military
electronics business locally.
But, along with that, I still need to manage
my remaining retirement accounts to provide me a consistent and stable long
term retirement income. My first task is
to take the 30% of my portfolio that is now back in cash and find a few
fundamentally strong companies and mutual funds that are paying good dividends
in the range of 5%.
I have added several custom macro sort
commands to StockEvaluator.xls and MutualFundEvaluator.xls to provide easy to
run searches that will screen for the kinds of companies and funds that I think
will provide this safe long term income to me.
StockEvaluator Custom Screening choices:
Download ‘StockEvaluator’ here: http://www.ultimatestockfinder.com/stockevaluator.xls
Click on “Button C - Dividend Screener” to get
a quick screened list of fundamentally good companies paying greater than a
3.5% dividend. I am using this list as a
starting point for my research on what to buy.
Mutual Fund Evaluator Custome Screening Choices
Download ‘MutualFundEvaluator’ here: http://www.ultimatestockfinder.com/mutualfundevaluator.xls
I made 3 macro screeners to look for funds
that are as good or better than my 3 favorite fund holdings. I have held these 3 mutual funds for between
5 to 20 years and want to buy more of these same types of funds.
Loomis Sayles Bond Fund (LSBRX) buys
intermediate term high yield bonds and has outperformed most of its bond fund
competition over the past 25 years.
Annual dividend is currently 3.5% taxable. Click Button C to run this “Better than
LSBRX” screen.
Fidelity Contra Fund (FCNTX) buys excellent
large cap companies and has out performed most other mutual funds over the past
5, 10 and 25 years. Annual return is
>12% for the past 25 years. Click
Button D to run this “Better than FCNTX” screen.
Vanguard Long Term Municipal Bond Fund (VWLTX)
buys excellent muni bonds and has outperformed most of its muni bond
competition over the past 25 years.
Annual dividend is currently 3.7% tax-free. Click Button E to run this “Better than
VWLTX” screen.
After you run each of these screeners, you
must always put the spreadsheet back to where it started by Clicking Button A
“Turn On / Off Data –Filter-Auto Filter Command”. Then click Button Q to restore the
spreadsheet to the Ascending sort on Industry & Symbol. Then you can click any button to run a
different screener.
Please remember to send me any other
investing ideas, information or questions that you want to share with the group.
Thanks,
John D.
Email: info@ultimatestockfinder.com
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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