tag:blogger.com,1999:blog-57950744893249520352024-03-21T13:54:13.721-07:00Intelligent InvestmentsThis blog is devoted to the analysis of securities. I plan to journal my own investments here and provide detailed analysis into current trends. Also, I would like to study stock screens and monitor their performance over time to see what screens perform best.Markhttp://www.blogger.com/profile/07686897496705509189noreply@blogger.comBlogger63125tag:blogger.com,1999:blog-5795074489324952035.post-18248347274336760642007-07-16T13:55:00.000-07:002007-07-16T13:56:50.630-07:00Sorry for the Delay in Posts...I am now a research analyst for a smallish asset adviser. I look forward to continuing my work <span class="blsp-spelling-corrected" id="SPELLING_ERROR_0">journalling</span> my investment performance and theories.<div class="blogger-post-footer">http://feeds.feedburner.com/Research_wizard</div>Markhttp://www.blogger.com/profile/07686897496705509189noreply@blogger.com11tag:blogger.com,1999:blog-5795074489324952035.post-49150521643403879172007-02-28T06:46:00.000-08:002007-02-28T06:49:58.262-08:00Ouch...The week started off just fine with a unchanged Monday in the portfolio while the major indexes were slightly down. Then came Tuesday and the markets plunged along with my portfolio. For the day, it finished down 3.15% vs. 3.84% for the S&P. That wiped away half my gains for the year in a mere few hours. Painful to see. <br /><br />However, there may be a silver lining. The cause of this market drop was mostly due to a slowdown in China and a <span class="blsp-spelling-corrected" id="SPELLING_ERROR_0">forecasted</span> slowdown here in the U.S. This may cause the fed to lower interest rates by late spring or summer which would be a boon for the market. I'm still very bullish on the markets as valuations are not far from there mean.<div class="blogger-post-footer">http://feeds.feedburner.com/Research_wizard</div>Markhttp://www.blogger.com/profile/07686897496705509189noreply@blogger.com6tag:blogger.com,1999:blog-5795074489324952035.post-12673790726320198392007-02-23T14:41:00.001-08:002007-02-23T14:50:52.366-08:00Weekly Summary: Good!The portfolio creamed the S&P 500 holding to my theory that I tend to outperform only on volatile weeks for the <span class="blsp-spelling-error" id="SPELLING_ERROR_0">indices</span>. My portfolio gained 0.88% ($2,232.15) for the week while the S&P 500 lost 4.5 points (0.30%) resulting in 118 basis points of <span class="blsp-spelling-error" id="SPELLING_ERROR_1">outperformance</span>. The portfolio also thrashed the Russell 1000 but not the Russell 2000 which gained 1.04% for the week.<br /><br />My best gainers were <span class="blsp-spelling-error" id="SPELLING_ERROR_2">MHJ</span> and <span class="blsp-spelling-error" id="SPELLING_ERROR_3">GYI</span> which both reported stellar earnings which boosted their stocks. The portfolio was dragged down by RAND which lost most of the gains I unrealized over the past 3 months. Most other holdings were slightly up or slightly down. The funds did well, especially the Fidelity Leveraged Company Growth which has done remarkably well over the past 3 years.<br /><br />A new holding to report: Key <span class="blsp-spelling-error" id="SPELLING_ERROR_4">Tronic</span>. I came across this stock off another blog and did some digging of my own. It has everything I normally look for in a micro cap stock. Low Price to Book and Price to Sales. Enterprise value greater than market cap. Strong ROE and low institutional ownership. <span class="blsp-spelling-corrected" id="SPELLING_ERROR_5">Current</span> Ratio over 2. The company makes computer peripherals and other electromagnetic manufacturing services.<div class="blogger-post-footer">http://feeds.feedburner.com/Research_wizard</div>Markhttp://www.blogger.com/profile/07686897496705509189noreply@blogger.com1tag:blogger.com,1999:blog-5795074489324952035.post-7535550132180702062007-02-22T17:08:00.000-08:002007-02-22T17:13:02.121-08:00SANG!!Man Sang reported stellar earnings and the stock responded jumping nearly 15%. It is now my largest percentage gain, since inception. Too bad I don't own more. Overall, the portfolio was damaged by <span class="blsp-spelling-error" id="SPELLING_ERROR_0">Genentech</span> which suffered from an overall <span class="blsp-spelling-error" id="SPELLING_ERROR_1">pharma</span> decline, and TAIT on a low volume sell off. <br /><br />The portfolio finished up 0.09% (just over $230) as it swung wildly through the day. At one point, the portfolio was up nearly 1% and down nearly 1%.<div class="blogger-post-footer">http://feeds.feedburner.com/Research_wizard</div>Markhttp://www.blogger.com/profile/07686897496705509189noreply@blogger.com1tag:blogger.com,1999:blog-5795074489324952035.post-23479795476776734652007-02-21T14:48:00.000-08:002007-02-21T14:56:08.789-08:00Another Good DayThe portfolio finished the day up 0.19% even though the S&P was down 0.14%, a nice 33 basis point <span class="blsp-spelling-corrected" id="SPELLING_ERROR_0">out performance</span>. The Russell 2000 did finish up .15%.<br /><br />Its hard to <span class="blsp-spelling-error" id="SPELLING_ERROR_1">decide</span> which benchmark is most appropriate for my portfolio. I do own many micro cap stocks which would suggest I should use the Russell 2000. However, the mutual funds I own are most representable to the Russell 1000 Growth or maybe even the Russell Mid Cap Growth Index. Of course, I own a few larger cap stocks that are most represented by the S&P 500. When I have time, I'll have to develop a blended index that is highly correlated to my portfolio. To be continued on that....<br /><br />Getty Images jumped another 7.21% and Man Sang Holdings jumped again today over 9%. TAIT again dragged down the portfolio.<div class="blogger-post-footer">http://feeds.feedburner.com/Research_wizard</div>Markhttp://www.blogger.com/profile/07686897496705509189noreply@blogger.com1tag:blogger.com,1999:blog-5795074489324952035.post-86310958162766389832007-02-20T14:17:00.000-08:002007-02-20T14:45:37.787-08:00S&P Decimated!My stock portfolio decimated the S&P 500 by almost 100 basis points today. It was a good start to the week as <span class="blsp-spelling-error" id="SPELLING_ERROR_0"><span class="blsp-spelling-error" id="SPELLING_ERROR_0">EMVL</span></span> has a last minute jump right before the close. It had been up .06 all day and within minutes of the close, it skyrockets up .31 (23.6%). Other strong players were <span class="blsp-spelling-error" id="SPELLING_ERROR_1"><span class="blsp-spelling-error" id="SPELLING_ERROR_1">MHJ</span></span> (up 8.3%), <span class="blsp-spelling-error" id="SPELLING_ERROR_2"><span class="blsp-spelling-error" id="SPELLING_ERROR_2">ARTX</span></span> (up 4.77%), <span class="blsp-spelling-error" id="SPELLING_ERROR_3"><span class="blsp-spelling-error" id="SPELLING_ERROR_3">SUNN</span></span> (Up 4.57%) and <span class="blsp-spelling-error" id="SPELLING_ERROR_4"><span class="blsp-spelling-error" id="SPELLING_ERROR_4">PFSW</span></span> (Up 6.47%).<br /><br />The portfolio finished up $1,657.97 on the day, up 0.66%. The portfolio was weighed down by my fund holdings Wasatch Core (up 0.23%) and Fidelity International Discovery (-0.08%) and Fidelity Leveraged Co. and Low Priced (0.55 and 0.52%, respectively).<br /><br />Also notable is the potential merger between Sirius and <span class="blsp-spelling-error" id="SPELLING_ERROR_5"><span class="blsp-spelling-error" id="SPELLING_ERROR_5">XM</span></span> satellite radio. When satellite radio was first born, the government issued just two licenses for satellite waves. Both of these companies were formed within a year of each other but both have remained unprofitable. Capital intensive and marketing initiatives have cost both companies. Sirius gave Howard Stern $100 million a year for the next 5 years.<br /><br />I bought <span class="blsp-spelling-corrected" id="SPELLING_ERROR_6">Sirius</span> with some spare cash back in 2003 for $1.60 a share. The stock then went up to $9, a 465% increase in the course of a year and a half. It then slid down to $4 a share over the next 18 months where it has been ever since.<br /><br />This merger will not help profitability much in my mind. In the end, it is going to take several years for the benefits of this merger to be realized on the bottom line.<div class="blogger-post-footer">http://feeds.feedburner.com/Research_wizard</div>Markhttp://www.blogger.com/profile/07686897496705509189noreply@blogger.com1tag:blogger.com,1999:blog-5795074489324952035.post-42089230106436244872007-02-16T18:59:00.000-08:002007-02-16T19:02:46.432-08:00Weekly SummaryThis the week the portfolio finished up 0.90% but underperformed the benchmark by 30 basis points for the first time since the beginning of January. The reason for this underperformance lies squarely on my stock selections. EMVL, BRNC, ATRM, and RAND were the big culprits.<br /><br />I finally sold off my energy fund as it recovered nicely from the December lows when oil was down near $50 a barrell. I hope to find some nice micro caps this weekend to roll this capital into.<div class="blogger-post-footer">http://feeds.feedburner.com/Research_wizard</div>Markhttp://www.blogger.com/profile/07686897496705509189noreply@blogger.com1tag:blogger.com,1999:blog-5795074489324952035.post-2283212135948736112007-02-15T16:28:00.000-08:002007-02-15T16:30:32.791-08:00ATRM ReboundThe portfolio of stocks did very well all day, at one point eclipsing the 1% mark while the major indexes were down but as the day wore on, the indexes and portfolio converged. The portfolio finished up 0.35% dragged down by the funds mostly. The stocks finished up .62%.<br /><br /><span class="blsp-spelling-error" id="SPELLING_ERROR_0">ATRM</span> jumped 10% today after rising 7% yesterday. It has recovered most of its losses of the past week. Otherwise it was a broad portfolio increase.<div class="blogger-post-footer">http://feeds.feedburner.com/Research_wizard</div>Markhttp://www.blogger.com/profile/07686897496705509189noreply@blogger.com1tag:blogger.com,1999:blog-5795074489324952035.post-82723397293874448652007-02-14T14:47:00.000-08:002007-02-14T14:53:31.991-08:00DOW Sets a New HighSoothing words from Ben <span class="blsp-spelling-error" id="SPELLING_ERROR_0">Bernanke</span> at the Federal Reserve about inflation sent the major indexes skyward as the DOW set a new high at 12,741.86. The portfolio finished the day up 0.72% basically in line with the major indexes (S&P: +0.76%, R2000: 0.18%, R1000: 0.77%). <br /><br /><span class="blsp-spelling-error" id="SPELLING_ERROR_1">ATRM</span> recovered from its sell off the last two days gaining nearly 4%. <span class="blsp-spelling-error" id="SPELLING_ERROR_2">EMVL</span> continued it downward slide on me losing another 6.5% and is now down in the low 1.30's. <span class="blsp-spelling-error" id="SPELLING_ERROR_3">COH</span> finished up another 2.25% is near the $50 mark. My price target is somewhere in the low 60's for Coach. It is my flagship holding. PTG made a nice move up rising over 3% after a week and change of new movement. <br /><br />Lets hope the portfolio finishes out the week strong.<div class="blogger-post-footer">http://feeds.feedburner.com/Research_wizard</div>Markhttp://www.blogger.com/profile/07686897496705509189noreply@blogger.com1tag:blogger.com,1999:blog-5795074489324952035.post-66071377904706437012007-02-13T16:52:00.000-08:002007-02-13T09:32:38.716-08:00Beaten Down by RAND and ATRMThe portfolio finished up 0.30% today even though RAND was down more than 12% and <span class="blsp-spelling-error" id="SPELLING_ERROR_0">ATRM</span> was down over 8% on no news. Does someone know something I don't? I wonder. <span class="blsp-spelling-error" id="SPELLING_ERROR_1">EMVL</span> and TAIT also dragged down the portfolio. <br /><br /><span class="blsp-spelling-error" id="SPELLING_ERROR_2">COH</span> performed well again up over 2%. Also, all mutual funds helped pull the weight of the portfolio north of zero.<br /><br />I plan on some <span class="blsp-spelling-corrected" id="SPELLING_ERROR_3">re balancing</span> and elimination of some stocks as well as taking some profits on others. But where to put them? I think I would rather hold cash than an investment that I believe has reached its ceiling.<div class="blogger-post-footer">http://feeds.feedburner.com/Research_wizard</div>Markhttp://www.blogger.com/profile/07686897496705509189noreply@blogger.com1tag:blogger.com,1999:blog-5795074489324952035.post-43934200711837706662007-02-13T09:16:00.000-08:002007-02-09T13:25:45.950-08:00Viva Las Vegas- Weekly SummarySorry about the lack of a weekly summary as I was on a little R&R this past weekend in <span class="blsp-spelling-error" id="SPELLING_ERROR_0">Las</span> Vegas. Not much to report portfolio wise, as it was flat for the week, losing less than $20. With all the major <span class="blsp-spelling-corrected" id="SPELLING_ERROR_1">indices</span> down for the week, the portfolio achieved significant out performance. <br /><br /><span class="blsp-spelling-error" id="SPELLING_ERROR_2">ATRM</span> suffered a large loss on no news on Friday so hopefully that will rebound today (Monday). Otherwise, there <span class="blsp-spelling-error" id="SPELLING_ERROR_3">hasnt</span> been much action on my <span class="blsp-spelling-corrected" id="SPELLING_ERROR_4">micro caps</span>. <span class="blsp-spelling-error" id="SPELLING_ERROR_5">GYI</span> has moved up nicely into the low 50's and may be a possible sell candidate at this point.<div class="blogger-post-footer">http://feeds.feedburner.com/Research_wizard</div>Markhttp://www.blogger.com/profile/07686897496705509189noreply@blogger.com1tag:blogger.com,1999:blog-5795074489324952035.post-56821314197515786542007-02-09T13:18:00.000-08:002007-02-08T12:06:55.099-08:00Quick UpdateThe portfolio finished Thursday down slightly 0.07% better than all the major indexes. Tomorrow will be a release from the Fed so I'm expecting some serious movement in the markets depending on the news.<div class="blogger-post-footer">http://feeds.feedburner.com/Research_wizard</div>Markhttp://www.blogger.com/profile/07686897496705509189noreply@blogger.com1tag:blogger.com,1999:blog-5795074489324952035.post-72829407470122997562007-02-06T18:18:00.000-08:002007-02-06T18:23:09.965-08:00Stock Day!The portfolio gained 0.46% today fueled mostly by big gains in some of my stocks with most issues heading higher. <span class="blsp-spelling-error" id="SPELLING_ERROR_0" onclick="BLOG_clickHandler(this)">MRVC</span>, <span class="blsp-spelling-error" id="SPELLING_ERROR_1" onclick="BLOG_clickHandler(this)">PFSW</span>, RAND, and <span class="blsp-spelling-error" id="SPELLING_ERROR_2" onclick="BLOG_clickHandler(this)">TOA</span> all had <span class="blsp-spelling-error" id="SPELLING_ERROR_3" onclick="BLOG_clickHandler(this)">multi</span> percentage gains. <span class="blsp-spelling-error" id="SPELLING_ERROR_4" onclick="BLOG_clickHandler(this)">ARTX</span> has continued to sink and has now given up most of its 15% of gains. <br /><br />Energy was slightly lower today which mostly results for the lackluster mutual fund performance. In the coming days, <span class="blsp-spelling-corrected" id="SPELLING_ERROR_5">I'll</span> be selling more assets from the funds to have cash on hand to plow into existing stocks at buying opportunities or new issues that come to my attention.<div class="blogger-post-footer">http://feeds.feedburner.com/Research_wizard</div>Markhttp://www.blogger.com/profile/07686897496705509189noreply@blogger.com3tag:blogger.com,1999:blog-5795074489324952035.post-52055928858982974092007-02-05T14:59:00.000-08:002007-02-05T15:02:50.982-08:00TAIT DropThe portfolio finished the day down 0.09% ($215), mostly because of TAIT and <span class="blsp-spelling-error" id="SPELLING_ERROR_0" onclick="BLOG_clickHandler(this)">ARTX</span>. There was no news on either stock so i would expect to see them back up tomorrow. It looks like someone entered a sizable market sell order for TAIT which dropped the price down. I don't understand the logic in entering market orders in low liquidity stocks. People just want to lose money I guess.<div class="blogger-post-footer">http://feeds.feedburner.com/Research_wizard</div>Markhttp://www.blogger.com/profile/07686897496705509189noreply@blogger.com1tag:blogger.com,1999:blog-5795074489324952035.post-11378261960340645042007-02-03T07:10:00.000-08:002007-02-03T07:13:52.318-08:00Weekly SummaryThe portfolio had its best week ever, gaining 2.4% ($5,826.89). For the month of January, it was up 3.6%. Strong showings from <span class="blsp-spelling-error" id="SPELLING_ERROR_0" onclick="BLOG_clickHandler(this)">GYI</span>, <span class="blsp-spelling-error" id="SPELLING_ERROR_1" onclick="BLOG_clickHandler(this)">COH</span>, JOB, and RAND helped propel the portfolio. The mutual funds also posted nice gains.<div class="blogger-post-footer">http://feeds.feedburner.com/Research_wizard</div>Markhttp://www.blogger.com/profile/07686897496705509189noreply@blogger.com1tag:blogger.com,1999:blog-5795074489324952035.post-89078868174762262702007-02-01T16:07:00.000-08:002007-02-01T16:10:13.812-08:00Crappy PXPL<span class="blsp-spelling-error" id="SPELLING_ERROR_0" onclick="BLOG_clickHandler(this)">PXPL</span> was down another 8.54% today on no news. Obviously there is news on the stock but only privy people know it. Anyways, it was a good day overall as the portfolio crossed the $250k mark again ( I reached it last spring before a down payment for a house). Up 0.68 ($1699.09). Today was the first day in awhile where the funds pulled me up. Still, the S&P has been on a tear lately and was up 0.54%.<div class="blogger-post-footer">http://feeds.feedburner.com/Research_wizard</div>Markhttp://www.blogger.com/profile/07686897496705509189noreply@blogger.com1tag:blogger.com,1999:blog-5795074489324952035.post-447384263439322022007-01-31T14:57:00.000-08:002007-01-31T15:02:31.605-08:00Decent DayThe portfolio finished the day up 0.48 but my stocks outperformed my funds yet again. The portfolio was up .70% at midday before the Fed announcement. The S&P at the time was barely at <span class="blsp-spelling-corrected" id="SPELLING_ERROR_0">break even</span> but after the announcement it shot up almost one percent while my portfolio barely budged. The indexes bested my <span class="blsp-spelling-corrected" id="SPELLING_ERROR_1">performance</span> by 15-20 basis points, mostly because of my funds.<div class="blogger-post-footer">http://feeds.feedburner.com/Research_wizard</div>Markhttp://www.blogger.com/profile/07686897496705509189noreply@blogger.com1tag:blogger.com,1999:blog-5795074489324952035.post-32262680595749059302007-01-30T18:06:00.000-08:002007-01-30T18:14:09.944-08:00Top JOB PerformanceJOB posted stellar quarterly numbers yesterday and the stock boosted 16%, at one point today it was up over 30%. Overall, the portfolio finished the day up 0.47%, slightly better than all major averages. My stock holdings handily outperformed my mutual funds, even with oil rising over a buck today.<br /><br />Getty Images was up another 9% today. This stock has reached my sell zone and i plan to unload it on its next strong day. <span class="blsp-spelling-error" id="SPELLING_ERROR_0" onclick="BLOG_clickHandler(this)">PXPL</span> continues to vex me as it was down almost 8% for no reason. It has been extremely volatile lately.<div class="blogger-post-footer">http://feeds.feedburner.com/Research_wizard</div>Markhttp://www.blogger.com/profile/07686897496705509189noreply@blogger.com1tag:blogger.com,1999:blog-5795074489324952035.post-12981140052779926652007-01-29T17:15:00.000-08:002007-01-29T17:18:51.871-08:00Big Hole to Start the WeekThe week started out poorly as TAIT, <span class="blsp-spelling-error" id="SPELLING_ERROR_0" onclick="BLOG_clickHandler(this)">PXPL</span> and RAND pulled me lower. TAIT was a large portion of my drop today as the portfolio finished down 0.09% while the Russell 2000 finished up 0.63%. I did do better than the S&P by two basis points and only slightly worse than the 1000.<br /><br />Getty Images posted a solid quarter and beat estimates. It rose over 5% today and is up another 4% after hours. <span class="blsp-spelling-error" id="SPELLING_ERROR_1" onclick="BLOG_clickHandler(this)">COH</span>, <span class="blsp-spelling-error" id="SPELLING_ERROR_2" onclick="BLOG_clickHandler(this)">MRVC</span> and <span class="blsp-spelling-error" id="SPELLING_ERROR_3" onclick="BLOG_clickHandler(this)">ARTX</span> also helped out the portfolio.<div class="blogger-post-footer">http://feeds.feedburner.com/Research_wizard</div>Markhttp://www.blogger.com/profile/07686897496705509189noreply@blogger.com1tag:blogger.com,1999:blog-5795074489324952035.post-32648377393485351802007-01-29T17:08:00.000-08:002007-01-29T17:14:56.424-08:00Weekly SummaryFor the week ending Jan. 26<span class="blsp-spelling-error" id="SPELLING_ERROR_0" onclick="BLOG_clickHandler(this)">th</span>, the portfolio finished up just 0.27%. It was a <span class="blsp-spelling-corrected" id="SPELLING_ERROR_1">disappointing</span> week given the advances most of my stocks had early in the week. I did however, manage to outperform the S&P by 86 basis points and the Russell 1000 by 77. I underperformed the 2000 by a few basis points. As of Friday, I know have just over $75,000 in individual stocks and $175,000 in mutual funds. I'm on schedule to have a 50/50 distribution by the end of the first quarter.<div class="blogger-post-footer">http://feeds.feedburner.com/Research_wizard</div>Markhttp://www.blogger.com/profile/07686897496705509189noreply@blogger.com1tag:blogger.com,1999:blog-5795074489324952035.post-24110837854971396072007-01-25T19:06:00.000-08:002007-01-25T19:07:20.396-08:00PXPL?PXPL has been extremely volatile the last couple of weeks and today was not different. The stock was down most of the day until a few minutes before market close when the it jumped more the 17% on no news. For the day, we were down 0.70%<div class="blogger-post-footer">http://feeds.feedburner.com/Research_wizard</div>Markhttp://www.blogger.com/profile/07686897496705509189noreply@blogger.com1tag:blogger.com,1999:blog-5795074489324952035.post-66288932606714718262007-01-24T20:00:00.000-08:002007-01-24T20:02:58.384-08:00SUNN-y DaysI started a position in <span class="blsp-spelling-error" id="SPELLING_ERROR_0" onclick="BLOG_clickHandler(this)">SUNN</span> today. Its a great net net play selling at80% of <span class="blsp-spelling-error" id="SPELLING_ERROR_1" onclick="BLOG_clickHandler(this)">NCAV</span>. Also, i had a limit for 1500 shares of <span class="blsp-spelling-error" id="SPELLING_ERROR_2" onclick="BLOG_clickHandler(this)">PFSW</span> at 1.10 which hit. My lower buy limits <span class="blsp-spelling-corrected" id="SPELLING_ERROR_3">weren't</span> reached. I got into a large position of TAIT. I think I'm a little late to this game but i think the stock has at least another dollar upside.<br /><br />Overall, the portfolio finished up 0.70% which was not as good as the major averages but any up day is a good day i say!<div class="blogger-post-footer">http://feeds.feedburner.com/Research_wizard</div>Markhttp://www.blogger.com/profile/07686897496705509189noreply@blogger.com1tag:blogger.com,1999:blog-5795074489324952035.post-90572132556242116682007-01-23T14:58:00.000-08:002007-01-23T15:05:55.654-08:00OIL Finally ReboundsThe portfolio finished up 0.52% today thanks in large part to my energy fund and <span class="blsp-spelling-corrected" id="SPELLING_ERROR_0">Fidelity</span> Leveraged Company which has a 28% sector weighting in oil. My individual stocks did not far as well. <span class="blsp-spelling-error" id="SPELLING_ERROR_1" onclick="BLOG_clickHandler(this)">ARTX</span> continued to move and I added to <span class="blsp-spelling-error" id="SPELLING_ERROR_2" onclick="BLOG_clickHandler(this)">BRNC</span> with another 150 shares at $15.85 bringing my total to 450 shares, one of my largest holdings. <span class="blsp-spelling-error" id="SPELLING_ERROR_3" onclick="BLOG_clickHandler(this)">EGR</span> was also added to doubling my share total to 2000 at a cost basis of 1.44. <br /><br /><span class="blsp-spelling-error" id="SPELLING_ERROR_4" onclick="BLOG_clickHandler(this)">TOA</span> finished down 6% today after announcing they were updating a joint venture in which they basically created an <span class="blsp-spelling-error" id="SPELLING_ERROR_5" onclick="BLOG_clickHandler(this)">SPE</span> with <span class="blsp-spelling-error" id="SPELLING_ERROR_6" onclick="BLOG_clickHandler(this)">Deutche</span> Bank. <span class="blsp-spelling-error" id="SPELLING_ERROR_7" onclick="BLOG_clickHandler(this)">EMVL</span>, formally <span class="blsp-spelling-error" id="SPELLING_ERROR_8" onclick="BLOG_clickHandler(this)">EWEB</span>, dropped 6% also on no news. <br /><br />Coach announced earnings today that beat estimates and it also raised its forecast. However, the street didnt like the small decrease in its margins due to the fact that factory store sales outpaced regular store sales for the first time. Seems to me that Wall St. always focuses on the worst news of any earnings report. The stocks was down almost 3% at one point before rebounding to finish up slightly.<div class="blogger-post-footer">http://feeds.feedburner.com/Research_wizard</div>Markhttp://www.blogger.com/profile/07686897496705509189noreply@blogger.com1tag:blogger.com,1999:blog-5795074489324952035.post-11819042122349373342007-01-22T15:11:00.000-08:002007-01-22T15:14:19.151-08:00Bad Start to the WeekThe portfolio was hit by the broad decline and fell 0.47% however that was slightly better than the S&P 500 and Russell 1000 and over 50 basis points better than the Russell 2000. I sold small stakes in three mutual funds today, which would make me more happy if they had finished in positive territory, and have placed a few limit orders to pick up some potential bargains. More to come on those buys...<div class="blogger-post-footer">http://feeds.feedburner.com/Research_wizard</div>Markhttp://www.blogger.com/profile/07686897496705509189noreply@blogger.com1tag:blogger.com,1999:blog-5795074489324952035.post-13273494325469982322007-01-20T17:28:00.000-08:002007-01-20T17:30:43.354-08:00Weekly SummaryFor the week, the portfolio finished up 0.66% besting all major indexes soundly, especially the NASDAQ and Russell 2000 which finished down 1.15%. <span class="blsp-spelling-corrected" id="SPELLING_ERROR_0">I'm</span> still looking for more value <span class="blsp-spelling-error" id="SPELLING_ERROR_1" onclick="BLOG_clickHandler(this)">microcap</span> plays to invest in. <span class="blsp-spelling-corrected" id="SPELLING_ERROR_2">I'm</span> happy to see oil recover slightly as some winter like weather finally moved in across the Northeast. Ill continue to search for some more investment opportunities or buy some current holdings on weakness. But until then, I'll continue to keep the mutual funds.<div class="blogger-post-footer">http://feeds.feedburner.com/Research_wizard</div>Markhttp://www.blogger.com/profile/07686897496705509189noreply@blogger.com1