New [tag]stock picks[/tag] this week:
Netezza Corp. (NZ)
Existing & new [tag]holdings[/tag]:
Symbol | Qty | Last | Gain($) | Gain(%) |
[tag]JADE[/tag] | 34 | 3.22 | -8.84 | -7.47 |
[tag]MED[/tag] | 8 | 26.69 | 47.20 | 28.38 |
[tag]NZ[/tag] | 10 | 10.62 | -5.00 | -4.50 |
[tag]ORS[/tag] | 67 | 0.79 | -20.06 | -27.48 |
[tag]RINO[/tag] | 4 | 28.00 | 21.08 | 23.19 |
[tag]V[/tag] | 11 | 80.00 | 127.17 | 16.89 |
Contribution this week: $0
Current [tag]capital exposure[/tag]: -2.09%
New positions available to open: 1
Starting [tag]account value[/tag] = $1,922.05
Account value = $1,920.32 (without margin)
Buying power = $446.19
[tag]Portfolio Gain/loss[/tag] this week = -0.09%
[tag]Portfolio[/tag] Gain/Loss for NOVEMBER 2009 = 6.35%
Portfolio Gain/loss for 2009 = -20.31%
[tag]Annual Return[/tag] (CAGR): -26.01%
The stock market reacted pretty much as I expected. To add to it next week I expect it slowing down more. This week I also realized how much I deviate from my rules when selecting stocks to buy. I had to write them down and be more careful when selecting stock for purchase.
I also learned another lesson. It is about my money management plan, which allows me to buy new shares even though some of the existing holdings are still losing small money. I might consider waiting for all positions to turn into positive numbers prior purchasing new positions.
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