house keeping comments

May 22, 2009 i posted that now is the time to go with stocks that pay. my favorite payor of the three companies i charted was CALM. i gave some pretty compelling info to support that pick and posted a target of $32.00.

look at CALM, how great eggs is!
22% up in one week and if you jumped on it you are collecting a 7% divy! at this pace the total return is 29% just that quick!



eggs are a commodity. so nice to have something to buy and hold for a while.( disclosure, i have no position in CALM, but wish that i had taken my own suggestion)

my portfolio that was posted has changed.
HEB stopped out 05/26/2009
05/26/2009 i took a 1% position in YGE to replace HEB. i made that move so quickly that i didn't have time to post, sorry. YGE has moved up 16% since i added it to my portfolio.



that kind of action is why we call it fun trading!

Posted via email from fortypercent's posterous

Market Uptime

this bad boy can't be predicted.
we just never know!

it looks tired and then trades right back to maintain the short-term up-trend. to make money we have to follow but only one step behind. for the next trading session things continue to hold for going long. the nasdaq bullish percent and the wilshire 5000 are good longs.



any bullish percent above that 50 line is telling us that the price action in most stocks is still making bullish patterns. and so goes the market.

 
i think the next challenge is at the 200 day MA, about 2% on the wilshire 5000. but look at the StochiRsi, as market nears this resistance we are trading with increasing relative strength. this is a sign that while we might predict that since mid March it's time for a pullback, traders in aggregate are still bidding this thing higher. for now, stay long and have fun trading!

Posted via email from fortypercent's posterous

my rapidly and ever changing portfolio

my personal holdings are:


50% ETFs that hold USA treasury bonds:
SHY (2/5s)
IEI (1/5)
IEF (1/5)
TLH (1/5)
stop loss orders set for about 20%

two high yield dividend payors ( my selection had nothing to do with sector or industry):
NGLS( 2% position)
PSE( 2% position)
stop loss orders set for about 20%

one "capital gain stock":
LO( 2% position)
stop loss orders set for about 10%

one bottom fish:
PCBC( 2% position)
stop loss orders set for about 10%

one "trader":
HEB( 1% position)
stop loss orders set for about 10%

one S&P 2* ETF( 7% position, long or short)
stop loss orders set for about 10%

Cash USA Dollars( 30% - 35%)
USA Dollar in cash is king!!! !! !


Right now, I'm considering cutting PCBC to a 1% position. I'm considerin selling LO, a buyout candidate, and replacing with CALM or OPTV to hold long term.

After these wo changes, I'll play it all by "ear" following my trading rules.

Fun Trading!!!

Posted via email from fortypercent's posterous

Posterous | Re: now is a time to get long in stocks that pay

getting better at posting, pictures, etc. lookout ya'll

Posted via email from fortypercent's posterous

now is a time to get long in stocks that pay

The market is getting choppy and that makes it difficult to pick big short-term movers. This is when i'm going to get into positions that are stable and pay their owners to wait for gains.

I'm liking ABT - Abott Labs is only 6.5% above its 52 week low. So this is bottom fishing!! Lots of upside potential. I believe as much as 30% upside within a year. While one waits ABT will be paying a 3.6% dividend! Even after the stock market melt down of the past 12 months this remains a 60 billion dollar capitali$t monster!! Its quick ratio of 1.26 and payout ratio less than 50% means one will be safe reinvesting those dividends to compound the wealth! My target on ABT is $54.00 . While ABT is trading near a low now is the time to consider buying and holding!





Another to think about buying, reinvesting the dividend and holding is DBD - Diebold. These guys pay a 4.2% dividend and have a payout ratio of 65%. Their quick ratio of 1.4 means their finances are pretty safe. Think about it their vaults and safes and secure doors and ATM machines are everywhere. My target on DBD is $33.00 .





CALM is another great dividend payor. Cal-Maine Foods is the largest egg company in the US and one of the largest on the planet! They are paying 7.2% dividend. Reinvest this one for sure, reinvest!! Payout ratio is only 2.5% and quick ratio is 1.2. Those numbers mean rock solid financial safety! CALM has been moving sideways after falling. We are now at a great price for entry. My target for CALM is $32.00 .




When the market is getting Toppy it is hard to bottom fish too much or find rocket ship stocks, yet the bias is still long. These are the times to get paid some quality dividends.

Thats fun trading!!

 

 

Posted via email from fortypercent's posterous

Rally or Pullback ?? just choppy

We are still trending up as best I can tell. However, market is trading like its getting tired and needs to correct.

I like to keep an eye on the nasdaq bullish percent. As long as we see this indicator above 50 the overall trading bias is upward.



The Wilshire 5000 is a whole market index containing far more than 6000 symbols. I also use the weekly chart of the wilshire to gage market direction.The weekly 5000 is moving up.





so my bias in trading remains long!!

Posted via email from fortypercent's posterous

the market hovers

monday 05182009

the market hovers so we have to trade

in and out
out and in
long and short
short and long

take a look at the nasdaq bullish pecent and the weekly wilshire both bullish, but both suggesting that the upwards price action
is slowing.







with the bullish% and wilshire where they are i say either step aside or trade brilliantly long.
we could fall, bullish% or rise to resistance or even break-out through resistance, wilshire.

today 05182009 i was very smart with two long 1% positions:

i sold, closed gnw up 10.5% since 05142009

i sold, closed ahr up 10.5% since 05182009( a day trade)



remember, don't look back, ca$h is the king!!

my screen showed me ahr early in am. i quivered getting long. i could have just bought at $0.93,but hesitated.
after 2 hours of watching and salivating at the possibilities i placed an order at $1.15. when my order filled i said to myself, "today is a very good day!!!"
 

Posted via email from fortypercent's posterous