Friday, November 16, 2007

Portfolio Update; Nov. 16, 2007

Here comes the daily list of the Good, The Bad, and the Ugly.
THE GOOD:
URS Corp. URS: Jumped huge of the merger news with Washington group. Now it sits well above the 50 day M.A. Patience was rewarded.
THE BAD: most of the usual suspects are back on this list.
Anadarko Petroleum APC - Even the announcement the increased position from Carl Icahn, the stock closed down near its 50 day M.A of 55.38.
Yamana Gold AUY - $12.40 is the 20% trailing stop
Aspen Technology AZPN - Closed below its 50 day M.A of $15.51. Technicals are looking weak.
China Mobil CHL - Below 50 M.A. Looks weak Pre-market.
Core Labs CLB - Broke through its 50 day M.A. of $130.25 on a tough day down 5 points. Poised for a bounce premarket.
China Medical CMED - Sitting roughly half a point over its 50 day M.A. of $40.82.
Cypress Semi CY - $30.90 is the 20% trailing stop. Closed one point above its 50 day M.A. of $31.51
PowerShares G10 Currency ETF DBV - A slight up day brought the price closer to, but still below its 50 day M.A. of $28.42. This stock is sitting on the counter, next to the chopping block.
Devon Energy DVN - Closed below its 50 day M.A. of $86.18
Focus Media Holding FMCN - Closed below its 50 day M.A. of $55.79. Currently a loser for this portfolio, I will be looking to limit losses for this volatile stock.
Hittite Microwave HITT - Bouncing near its 50 day M.A. of $45.02
Noble Corp. NE - This high quality stock is very close to its 50 day M.A. of $50.29
Claymont Steel PLTE - Bouncing near 50 day M.A. of $19.67
Potash POT - Had a really bad day closing near its 50 day M.A. of $107.70
Taleo Corp. TLEO - Closed near its 50 day M.A. $26.31
United Online UNTD - closed a point above its 50 day M.A. $15.41
Vista Gold VGZ - After a big move for us, the stock closed near its 50 day M.A. of $5.31. I will be looking to lock in profits soon.
Meridian Bioscience VIVO - Closed at its 50 day M.A. of $30.42
THE UGLY: The chopping block is lonely, for now. By close of Friday it may have more company.

1 comment:

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