Tuesday, November 27, 2007

Portfolio Update; Nov. 27, 2007

Here comes the daily list of the Good, The Bad, and the Ugly. It appears that the shortened trading session was filled with holiday cheer. It is nice to see every once in a while.
THE GOOD:
Aspen Technology AZPN - Third day above its 50 day M.A of $15.76.
Noble Corp. NE - Continued gains kept the stock above day M.A. of $50.65
United Online UNTD - 4th consecutive close above its 50 day M.A. $15.62
Transocean Inc. RIG - What a stud! Continues to hit new highs everyday, even in disgusting tapes.
THE BAD: It's a long list today.
Aegean Marine Petrol ANW - Down 11 cents on the day, still below its 50 day MA of $38.50. Huge swing in price, hit a 5 day high of $39.98 during the session.
Ansys Inc. ANSS - Down 3.7% on the day, plunging below its 50 day MA of $37.57 and hit a new 5 day low of $36.55 during the session.
Anadarko Petrol APC - Down 2.2% and somehow hit its 5 day high $58.92 . Closed just above 50 day MA of $56.01.
Yamana Gold AUY - Somehow this stock also hit a 5 day high of $14.22 and still managed to close down 52 cents. Closed 19 cents above the 50 day M.A. of $13.23.
China Mobil CHL - Yet another stock hitting a new 5 day high, and still dropping 1.7%. Still below its 50 day M.A. of $86.95
Core Labs CLB - Down 2.9% and still well below 50 day M.A. of $132.03. Hit a 5 and 20 day low of $121.51
China Medical CMED - down another 44 cents and below 50 day M.A. of $41.40.
Devon Energy DVN - Back down 1.6% and still below 50 day M.A. of $86.81
iShares European Monetary Union EZU -Hit a new 5 day high of $121.98 and still closed down 1.9%, below its 50 day M.A. of $121.90
European DJ Stoxx 50 FEU - Fell 2.5% and below 50 day M.A. of $53.80.
Focus Media Holding FMCN - One of the few stocks up for the day, 3%, but after 9 straight points to the downside, there is little to be happy about.
Frontier Oil FTO - closed down 2.9% an below its 50 day MA of $44.18. It hit another 5 day low of $42.69 during the session.
Owens Illinois OI - The slide continues, closed 1 point below 50 day M.A. of $42.90
Claymont Steel PLTE - Slightly down for the day, but 4th close above its 50 day M.A. of $19.69
Potash POT - Still below 50 day M.A. of $110.05
URS Corp. URS - Down 3.3% and well below 50 day M.A. of $59.34. Hit a new 5 day low of $56.10.
Meridian Bioscience VIVO - Slid 2.2%, still below 50 day M.A. of $30.70.
THE UGLY: Reserved for the most precipitous falls from grace.
ISHARE MSCI BRAZIL EWZ - This stock takes one step forward and 5 steps back. Down 6.4% on the day, hit new 5 and 20 day lows of $72.04 , and is well below 50 day MA of $77.80.
ISHARES S& P LAT AM40 ILF - Same story as EWZ. New 5 & 20 day lows of $226.29, and after a down day to the tune of $11.40, the 50 day MA of @247.55 is no where in sight.

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.

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