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Picks 01/11 – 01/15

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%     Learn more

New positions available to open: 0     Learn more

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.
 
 

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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%


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