Trading Account:
New [tag]stock picks[/tag] this week:
Stocks bought or added to portfolio this week:
Stryker Corp. (SYK)
Stocks dropped from portfolio this week:
Medifast Inc. (MED)
RINO International Corporation (RINO)
Existing & new [tag]holdings[/tag]:
| Symbol | Qty | Last | Gain($) | Gain(%) |
| [tag]CTL[/tag] | 9 | 35.07 | -9.18 | -2.83 |
| [tag]RAX[/tag] | 37 | 22.12 | -9.25 | -1.12 | SYK | 15 | 56.03 | 0.75 | 0.09 | [tag]TSTC[/tag] | 19 | 20.66 | 2.86 | 0.73 |
| [tag]V[/tag] | 20 | 86.14 | 222.52 | 14.83 |
Contribution this week: $100
Current [tag]capital exposure[/tag]: -3.75% 
New positions available to open: 0
Starting [tag]account value[/tag] = $2,360.71
Account value = $2,149.24 (without margin)
Buying power = $3,202.59
[tag]Portfolio Gain/loss[/tag] this week = -8.96%
[tag]Portfolio[/tag] Gain/Loss for JANUARY 2010 = -7.83%
Portfolio Gain/loss for 2010 = -7.83%
[tag]Annual Return[/tag] (CAGR): -22.97%
The market is once again over-reacting on the news and what was good for the market yesterday is not good for it today anymore. Even though the market is still in a rally, on Friday we could see a distribution day on heavy volume. It may mean nothing, it may create a short time dip (the market was rallying for long time and it is time to get some rest) or it may reverse for a correction. We will see next week. I am not going to predict the market but try to react on what it will be doing in upcoming weeks.
My stocks, however, were losing ground during last two weeks. Some were sold by triggering stop loss, such as Medifast Inc. (MED) and those stocks are not on my screen anymore. Also when I evaluated them whether they pass my “buy checklist”, they haven’t get through either. So I am moving on. I will be watching those stocks for a while, but it seems there is no momentum anymore.
The portfolio lost almost 8% this week (a paper loss only), which is an evidence that I broke my rules once again. I bought Telestone Technologies Corp. (TSTC) the previous week even though I shouldn’t do it because my portfolio was over-invested already and my maximum risk increased to almost 16%. Partially, I made a mistake when I was buying the new position because I didn’t update my spreadsheet and ran my risk calculations using old data. I adjusted my trading rules properly to update my spreadsheet first and then run calcs. I am speaking about it because every beginning investor or trader should write the rules down on the paper and repeat them as long as you start doing it all mechanically and without thinking. Even this small issue can cause quite a large loss. I also reduced my total loss for the trade from 3% of the portfolio to 2% only.
ROTH IRA Account:
New [tag]stock picks[/tag] this week:
none
Existing & new [tag]holdings[/tag]:
| NTF Mutual Funds |
| Symbol | Qty | Last | Gain($) | Gain(%) | Div. Y(%) |
Port. (%) |
| AIGYX | 83.472 | 12.32 | 28.38 | 2.84 | 7.89 | 35 |
| ATIPX | 83.332 | 9.07 | 23.67 | 3.23 | 7.43 | 26 |
| HISIX | 26.918 | 7.42 | -0.27 | -0.13 | 5.00 | 7 |
| SICNX | 27.290 | 7.55 | 6.04 | 3.02 | 4.97 | 7 |
| SWDSX | 36.384 | 11.90 | 28.80 | 7.12 | 4.00 | 15 |
| SWLSX | 29.814 | 9.93 | 27.13 | 10.09 | 1.63 | 10 |
| Individual ETFs |
| Symbol | Qty | Last | Gain($) | Gain(%) | Div. Y(%) |
Portfolio (%) |
| IGD | 29.0 | 12.52 | 6.38 | 1.79 | 11.90 | 100 |
| Individual stocks |
| Symbol | Qty | Last | Gain($) | Gain(%) | Div. Y(%) |
Portfolio (%) |
| Account target and current allocation |
| Individual stocks | 0 | 42% | 0% |
| NTF Mutual funds | 2,919.74 | 38% | 88% |
| ETFs | 357.86 | 20% | 11% |
Contribution this week: $50
Starting [tag]account value[/tag] = $3,327.60
Account value = $3,335.70
Dividends received in 2010 = $11.10
Portfolio dividends yield 2010 = 0.33%
Dividends received lifetime = $95.22
[tag]Portfolio Gain/loss[/tag] this week = 0.24%
[tag]Portfolio[/tag] Gain/Loss for JANUARY 2010 = 1.37%
Portfolio Gain/loss for 2010 = 1.37%
[tag]Annual Return[/tag] (CAGR): -6.37%
[tag]Portfolio Return[/tag] since inception: -18.14%
Leave a Reply