Tuesday, November 20, 2007

Portfolio Update; Nov. 20, 2007

Here comes the daily list of the Good, The Bad, and the Ugly.
THE GOOD:
First Solar FSLR - Caught a double and reduced the position @ the closing price of $215.76. This locks in a gain of 50.84% on this profitable trade.
THE BAD:
Aegean Marine Petrol ANW - Closed down 5%, $0.37 over 50 day MA of $37.46
Yamana Gold AUY - $12.40 is the 20% trailing stop
Aspen Technology AZPN - Closed below 50 day M.A of $15.58.
China Mobil CHL - Blew through its 50 day M.A. of $85.71.
Core Labs CLB - Big move to the downside pushed the stock well below 50 day M.A. of $131.03
China Medical CMED - Closed below its 50 day M.A. of $41.11.
Cypress Semi CY - Has not hit $30.90, 20% trailing stop, but closed near 50 day M.A. of $31.76
Devon Energy DVN - Closed below its 50 day M.A. of $86.37
iShares European Monetary Union EZU -2 points to the downside sent the stock below 50 day M.A. of $121.39
European DJ Stoxx 50 FEU - Closed over 1 point below 50 day M.A. of $53.68
Focus Media Holding FMCN - Volatility brings this stock back near 50 day M.A. of $56.19
Hittite Microwave HITT - Bouncing near its 50 day M.A. of $45.02
Noble Corp. NE - Closed at its 50 day M.A. of $50.34
Owens Illinois OI - This defensive stock closed below its 50 day M.A. of $42.66 on high volume. We need to keep our eye on it, I figure it may be some profit taking.
Claymont Steel PLTE - Finally an up day, and a close above 50 day M.A. of $19.66
Potash POT - Down 4.75%, closing below 50 day M.A. of $108.16
UCN Inc. UCNN - Closed just above 50 day M.A. of $4.23. I will look to lock in profits on another dip.
United Online UNTD - closed down, but above its 50 day M.A. $15.41
Meridian Bioscience VIVO - Closed below 50 day M.A. of $30.53
THE UGLY:
PowerShares G10 Currency ETF DBV - Added @ $27.26. Removed @ $27.68 for a gain of $0.42 or 1.54%. Mentioned by Kevin Mahn on 9/10/07. A real struggle for this currency ETF.
Taleo Corp. TLEO - Added @ $29.28. Removed @ $25.23 on Nov. 19, 2007, for a loss of -$4.05 or -13.83%. Mentioned by Nancy Prial on 11/2/07. It was a tough time to get into this high flying small cap. Ran into a wall of sellers.

Disclaimer: This is a model portfolio, and in no way should these hypothetical positions replace your investment professional. These stocks are recommendations from my interviews with financial professionals, and I am attempting to put the stocks into an easy to understand format. Consult an investment advisor before making any purchases or sales in the equity markets.

1 comment:

PENNY STOCK INVESTMENTS said...

Excellent updates and more stuff.