Dec 162010
 

As promised, here is a link to a site that will allow you to do trades as if they were real, without putting actual money at risk.

Wall Street Survivor also has contests where they award cash prizes to users who have significant success doing the paper trades.  Click th elink below or in the side bar to get started.  It’s free and there is no obligation.


 

Thanks,

John

Dec 092010
 

We posted the video early for anyone monitoring the website to try to get in on what we believe is a great growth opportunity.

Using our trial subscription to  Investor’s Business Daily  (Investors.com) we identified Lululemon (LULU) in the IBD100 as a potential stock for short to mid-term growth with the possibility that it could keep running for some time. 

We looked at the historical performance, explained the importance of the price to earnings ratio (P/E) as well as the PEG ratio.

We also have a discussion in the audio podcast episode regarding market risk.  As an investor you need to determine your tolerance for risk -  it is better to make money than to lose money.

We will be on in the wee hours to try to get into it at about $55.  Happy Hunting!

Thanks,

John

Nov 192010
 

In this episode:

Wooger Index

  • Going to re-cast from index to fund.
  • Breaking into 2 – the Wooger Fund and the Pickle Fund
  • Wooger fund will continue to be the active trading fund
    • Quick-buck, primarily short-term investments
  • Pickle fund will be longer-term appreciation and value
    • Mid and long-term stocks
    • High-yield stocks
  • Up 17.7% since 8/31, not including Deckers
    • Dow up 11.9%
    • S&P up 14.3%
    • Russell 2000 up 20.3%
    • Nasdaq up 19.1%

Deckers (DECK)

  • On 11/15 recommended buy for 11/16 under $60
  • Stock went down to $58.38 on 11/16 and I missed it – not at a computer.
  • Got in at $61.90 on 11/17
  • Peaked at $67.71 today and closed at $66.81
  • Jeffries initiated coverage today with a “Buy” rating and a target price of $75
  • Currently have it in the Pickle Fund

Economic calendar

  • GDP released at 8:30 on Tuesday, 11/23.
    • According to Yahoo, the market expects the Q3 estimate to be lowered marginally
      October stats:
  • Existing home sales for October at 10:00 on 11/23
  • PCE Prices – Core at 8:30 on 11/24
  • Durable Goods orders at 8:30 on 11/24
  • New home sales at 10:00 on 11/24
  • Crude inventories at 10:30 on 11/24
  • Unemployment claims at 8:30 on 11/24
  • Michigan Sentiment (consumer confidence) at 9:55 on 11/24

Between now and next time

  • Need more investments like Deckers
  • Doing my homework
  • Investors.com and stock screener on Scottrade
  • Updated Economic Outlook
Jul 192010
 
PlayPlay

In episode 8 of IABC, we follow-up on Quiksilver (ZQK) and what action we took on it this past week. 

We examine the different flavors of earnings that you find on the Fundamentals tab when you’re looking at a stock quote.  We look at Net Income, EBIT, EBITDA, and Free Cash Flow and discuss what the differences are and why they’re important.  After our discussion, we look at Eaton Corporation (ETN), identify the different types of earnings and show how greatly they can differ, find out why, and show why each is important.

- John

Jul 102010
 
PlayPlay

In this episode of Investing ABC’s we examine whether it’s time to buy sell or hold Quiksilver (ZQK).

We have been in and out of Quiksilver several times over the years and are consumers of their products.  Quiksilver manufactures Quiksilver, Roxy and DC Shoes branded products.  The brands have been prolific in Southern California for years, both at the beach and on the slopes.

Let’s look at why we current hold ZQK and detemine whether it’s time to sell.

Also during this process, we took notice of Garmin (GRMN).  We’ve been watching Garmin for a while and are consumers of their products.  Check out the thoughts on GRMN and whether it might be our next target.

– John