Wiser Trader Stocks and Options Newsletter
______________________________________________________________________________
Issue No. 110 January 22, 2007 Prescott, Arizona Systems@WiserTrader.com
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1.0 Trading
The major indices lost an average of 0.54% this week.
|
Index |
Last Week |
This Week |
% Change |
|
DOW |
12556.08 |
12,565.53 |
0.08% |
|
NASDAQ |
2502.82 |
2,451.31 |
-2.06% |
|
S&P500 |
1430.73 |
1,430.50 |
-0.02% |
|
Russell 2K |
794.26 |
785.16 |
-1.15% |
|
NYSE |
9139.94 |
9,179.53 |
0.43% |
|
Average |
|
|
-0.54% |
1.1 Saw Tooth
The S&P 500 in Figure 1A was flat this week. Nearly all major sectors gained except technology. Utilities were flat. The average Williams-%R for the above five indices is -31 with a 200-day moving average of -38. The average Williams-%R entered the neutral zone (-40 to -60) six times within the past month, illustrative of a sideways saw tooth behavior. The five indices gained a net average of 0.33% over the past 10 trading days. The focus this week will continue to be on earnings.
FIGURE 1A
The NASDAQ in Figure 1B lost 2.1% for the week. The market outlook is slightly more guarded compared to last week, as the inflation numbers were slightly higher than expected. Housing starts were higher compared to last month and employment claims were down. As is typical for the first few weeks of earnings reports, the market sells off first and then asks questions later.
FIGURE 1B
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|
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XLQPlus
Download for a 45-day free evaluation. Order a 1-year license for $114 Live market data is continuously updated into Excel to create up to date market indicators. Free spreadsheets are available to get you started. XLQPlus is recommended by The Oxford Club, Investment U e-letter and The American Association of Individual Investors. It is simple to install. |
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2.0 Market Analysis
Key industry ETF’s in Table 2A are Biotech and Semiconductors, which confirm the NASDAQ. Transportation confirms the Dow Jones Industrial Average according to Dow Theory. Banking and Financials are confirming indicators for the S&P 500. Gold and Housing are respective indicators for the inverse health of the currency (inflation) and the capacity for consumer spending.
Table 2A
Indices, Key Industry ETF’s and Sector SPDR’s
|
|
1 month |
1 wk ago |
2 wks ago |
3 wks ago |
4 wks ago |
|
Dow Jones Industrial Index |
1.8% |
0.1% |
1.3% |
-0.5% |
1.0% |
|
NASDAQ Composite Index |
2.1% |
-2.1% |
2.8% |
0.8% |
0.6% |
|
S & P 500 Index |
1.4% |
0.0% |
1.5% |
-0.6% |
0.5% |
|
NYSE Composite Index |
1.3% |
0.4% |
1.3% |
-1.2% |
0.8% |
|
Russell 2000 Index |
0.6% |
-1.1% |
2.4% |
-1.5% |
0.9% |
|
HGX, Phil. Housing Index |
3.4% |
2.7% |
1.6% |
-2.8% |
2.0% |
|
IYR, Real Estate |
7.4% |
2.0% |
4.3% |
-1.0% |
1.9% |
|
GLD, GOLD |
2.2% |
1.3% |
3.3% |
-4.8% |
2.5% |
|
RKH, Banking |
-0.3% |
0.2% |
0.5% |
-0.8% |
-0.2% |
|
IYT, Transportation |
7.8% |
2.0% |
3.4% |
1.0% |
1.2% |
|
SMH, Semiconductors |
0.3% |
-4.8% |
3.7% |
0.6% |
1.1% |
|
BBH, Biotechnology |
7.4% |
1.2% |
3.0% |
2.8% |
0.3% |
|
OIH, Oil Infrastructure |
-6.3% |
2.1% |
-0.8% |
-6.4% |
-1.2% |
|
XLE, Energy |
-3.4% |
2.1% |
-0.9% |
-4.6% |
0.1% |
|
XLU, Utilities |
-1.4% |
0.5% |
-0.7% |
-1.7% |
0.4% |
|
XLB, Materials |
3.7% |
1.5% |
3.0% |
-1.8% |
1.0% |
|
XLI, Industrial |
1.7% |
0.1% |
1.8% |
-0.1% |
0.0% |
|
XLK, Technology |
1.5% |
-2.7% |
2.2% |
1.0% |
1.0% |
|
XLV, Healthcare |
3.7% |
1.1% |
1.8% |
0.6% |
0.1% |
|
XLF, Financials |
1.1% |
-0.1% |
1.4% |
-0.7% |
0.6% |
|
XLP, Consumer Staples |
2.1% |
0.4% |
1.4% |
0.1% |
0.2% |
|
XLY, Consumer Discretionary |
3.6% |
0.9% |
2.6% |
-0.3% |
0.3% |
The volatility indexes and put/call ratio are listed in Table 2B.
Table 2B
Sentiment
|
Contrarian Indicator |
Current |
Last Week |
2 Weeks Ago |
Complacent (Bearish) |
Cautious (Bullish) |
|
VIX ** |
10.4 |
10.2 |
12.1 |
< 20 |
> 50 |
|
VXN *** |
16.8 |
16.6 |
17.9 |
< 30 |
> 70 |
|
CBOE Total Put/Call Ratio |
0.83 |
0.75 |
0.90 |
< 0.40 |
> 0.75 |
|
CBOE Equity Put/Call Ratio |
0.56 |
0.56 |
0.59 |
< 0.55 |
> 0.70 |
|
** Below 20 day SMA = Short-term buy signal. *** Below 20 day SMA = Short-term buy signal. |
|||||
Figure 2A compares the major averages with key ETF’s and Sector SPDRs.
FIGURE 2A
Table 2C
Market Summary
Industry performance is based on the Yahoo Industry Classification System
Major Indices For the Past Week: Dow Jones +0.1% NASDAQ -2.1% S&P500 Index 0.0% Russell 2000 -1.1% NYSE +0.4% 30 Year Bond 4.860% 10 Year Note 4.773% FOMC Rate 5.250% Leading Industries For the Past Week: Lagging Industries For the Past Week: |
Leading Industries For the Past Month: Lagging Industries For the Past Month: Crude Oil $52.04 Gold for the past 30 days: USD +2.40% CAD +4.36% CHF +4.83% GBP +1.88% EUR +4.03% JPY +4.90% |
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3.0 Procedure
The following watch lists contain stock candidates for consideration. They are not necessarily trades. Categories include checklists for insider buying and cash rich companies, as well as, filters that employ stock picking methods used by master traders. The information is not meant to imply any endorsement or sponsorship by these master traders.
Current stock rankings are based on the degree to which stocks are overbought or over sold based on the 28-period Williams %R for the past two trading days. Two columns are labeled “%R1” and “%R2” with “%R2” indicating the Williams %R for the most recent trading day. Of course, values more negative than -80 are oversold and those less negative than -20 are overbought.
One should keep in mind that oversold stocks are not necessarily ready to move upward. They could very well be in a condition of continuous decline. The lists are meant to serve as a starting point for further due diligence.
A column labeled “Monthly % Gain” was added to show the inverse relationship between price action over the past month and the Williams %R. The change from a 10-period Williams %R with a weekly percent change to a 28-period Williams %R with a monthly percent change was done to reflect a longer term view.
Watchlist performance is based on weekly closing prices on Friday. The “Reference” is the date that a stock passed the indicated filter and was first added to or returned to the list. The “% Change” is how the price has changed since the reference date. Stocks that are down 10% or more after being listed are removed for a period of about two months. The “% from Max” is the percentage the price has declined from the maximum price reached since the reference date. Stocks that are down 8% from their highs after being listed are flagged in yellow. Stocks that are down 15% from their highs after being listed are removed for two months. More information on filters is available on the web site.
A performance summary of filtering techniques for checklists and master trader selection methods is given in Table 3A. The column “Avg. Gain in 2007” includes losses for stocks that have been removed after a decline. The other columns only include stocks that are currently listed.
Table 3A
Stock Filter Summary
|
Filter |
Avg. % Change Since Listed |
Avg. Gain in 2007 |
1 Month |
1 Week Ago |
2 weeks Ago |
3 Weeks Ago |
4 Weeks Ago |
|
Net Insider Buying |
9.0% |
1.1% |
7.1% |
2.7% |
2.5% |
1.3% |
0.6% |
|
Cash Rich Companies |
2.9% |
2.5% |
2.5% |
-1.7% |
4.2% |
0.1% |
0.0% |
|
Price to Free Cash Flow |
12.7% |
5.8% |
4.8% |
2.9% |
1.9% |
0.9% |
-0.9% |
|
Growth Momentum |
10.2% |
-2.3% |
1.4% |
-1.8% |
2.6% |
-0.8% |
1.6% |
|
Lynch |
21.6% |
0.2% |
0.9% |
1.1% |
2.1% |
-3.8% |
1.6% |
|
Buffett |
12.5% |
-0.6% |
1.8% |
1.6% |
1.3% |
-2.4% |
1.3% |
|
Graham |
21.9% |
-1.2% |
-0.4% |
0.0% |
0.8% |
-1.9% |
0.8% |
|
Templeton |
15.4% |
1.8% |
4.1% |
0.6% |
3.0% |
-0.6% |
1.1% |
|
Zweig |
15.0% |
2.2% |
3.8% |
0.3% |
3.1% |
-0.2% |
0.5% |
|
Average |
13.5% |
1.1% |
2.9% |
0.6% |
2.4% |
-0.8% |
0.7% |
Key
|
Passed Recent Filter |
|
Price declined by half of stop loss setting |
|
Oversold based on Williams %R (%R2 is most recent) |
|
Overbought based on Williams %R (%R2 is most recent) |
Companies that have experienced net insider buying within the past 6 months of 5% or more of issued stock are listed in Table 3B. These stocks should also appear in one of the master trader screens or meet additional screening criteria before being given serious consideration. This list is a mixture of stocks that are optionable and those that are not.
Table 3B
Net Insider Buying Check List
|
Stock |
Reference Date |
% Chg |
Gain in 2007 |
Company |
Industry |
% from Max |
Monthly % Gain |
%R1 |
%R2 |
|
PYX |
10/13/06 |
-5.2% |
-6.7% |
Playtex Products, Inc. |
Personal & Household Products |
-10.5% |
-7.7% |
-93 |
-100 |
|
FRN |
12/08/06 |
-6.8% |
-9.5% |
Friendly Ice Cream Corporation |
Restaurants |
-11.8% |
-1.0% |
-95 |
-85 |
|
VLNC |
01/05/07 |
8.1% |
8.1% |
Valence Technology, Inc. |
Electronic Instruments & Controls |
-3.3% |
-15.1% |
-69 |
-77 |
|
RGN |
12/29/06 |
4.9% |
4.9% |
RegeneRx Biopharmaceuticals, Inc. |
Biotechnology & Drugs |
-4.0% |
-4.9% |
-78 |
-74 |
|
ULBI |
01/19/07 |
0.0% |
0.0% |
Ultralife Batteries, Inc. |
Electronic Instruments & Controls |
0.0% |
4.6% |
-67 |
-50 |
|
PWEI |
01/19/07 |
0.0% |
0.0% |
PW Eagle, Inc. |
Fabricated Plastic & Rubber |
0.0% |
-4.4% |
-48 |
-49 |
|
IOMI |
01/19/07 |
0.0% |
0.0% |
Iomai Corporation |
Biotechnology & Drugs |
0.0% |
10.8% |
-38 |
-49 |
|
WSII |
12/29/06 |
3.5% |
3.5% |
WASTE SERVICES INC DE |
Waste Management Services |
-3.9% |
1.8% |
-55 |
-43 |
|
MEMY |
01/19/07 |
0.0% |
0.0% |
Memory Pharmaceuticals Corp. |
Biotechnology & Drugs |
0.0% |
-8.0% |
-25 |
-33 |
|
GETI |
01/19/07 |
0.0% |
0.0% |
GenTek Inc. |
Auto & Truck Parts |
0.0% |
4.6% |
-58 |
-26 |
|
GTCB |
01/19/07 |
0.0% |
0.0% |
GTC Biotherapeutics, Inc. |
Biotechnology & Drugs |
0.0% |
6.3% |
-27 |
-20 |
|
MMLP |
12/29/06 |
2.3% |
2.3% |
Martin Midstream Partners L.P. |
Water Transportation |
0.0% |
3.1% |
-14 |
-14 |
|
PBY |
10/06/06 |
10.6% |
1.3% |
The Pep Boys - Manny, Moe & Jack |
Retail (Specialty Non-Apparel) |
-0.7% |
2.7% |
-34 |
-13 |
|
AAWW |
12/15/06 |
2.4% |
6.9% |
Atlas Air Worldwide Holdings, Inc. |
Airline |
-0.3% |
1.0% |
-7 |
-10 |
|
THRM |
12/29/06 |
38.9% |
38.9% |
THERMAGE INC |
Medical Equipment & Supplies |
0.0% |
35.0% |
-7 |
-8 |
|
HIFN |
01/12/07 |
4.5% |
4.5% |
hi/fn, inc. |
Semiconductors |
0.0% |
4.5% |
0 |
-2 |
|
APN |
09/08/06 |
90.7% |
7.4% |
Applica Incorporated |
Appliances & Tools |
0.0% |
6.7% |
-1 |
0 |
Companies with net cash positions that comprise at least 40% of their share price are listed in Table 3C. These stocks should also appear in one of the master trader screens or meet additional screening criteria before being given serious consideration. Again, this list is a mixture of stocks that are optionable and those that are not.
Table 3C
Capital Rich Companies Check List
|
Stock |
Reference Date |
% Chg |
Gain in 2007 |
Company |
Industry |
% from Max |
Monthly % Gain |
%R1 |
%R2 |
|
EXAR |
07/28/06 |
2.9% |
2.5% |
Exar Corporation |
Semiconductors |
-6.7% |
2.5% |
-35 |
-39 |
Table 3D was added to contain companies having a low price to free cash flow (P-FCF) less than 5. Companies having P-FCF less than 10 are typically capable of financing the purchase of all their outstanding shares of stock.
Table 3D
Price to Free Cash Flow Companies Check List
|
Stock |
Reference Date |
% Chg |
Gain in 2007 |
Company |
Industry |
% from Max |
Monthly % Gain |
%R1 |
%R2 |
|
FNLY |
09/08/06 |
14.5% |
3.0% |
Finlay Enterprises, Inc. |
Jewelry & Silverware |
-3.9% |
2.6% |
-54 |
-41 |
|
FIS |
08/18/06 |
13.2% |
3.8% |
Fidelity National Information Services |
Business Services |
-2.0% |
0.8% |
-17 |
-13 |
|
F |
12/29/06 |
10.5% |
10.5% |
FORD MOTOR |
Auto & Truck Manufacturers |
0.0% |
5.2% |
-4 |
-1 |
For the Peter Lynch style screen in Table 3E, the number of selections is reduced by selecting only optionable stocks having P/E’s less than 30.
Table 3E
Peter Lynch Value Watch List
|
Stock |
Reference Date |
% Chg |
Gain in 2007 |
Company |
Industry |
% from Max |
Monthly % Gain |
%R1 |
%R2 |
|
SKM |
08/25/06 |
16.9% |
-4.3% |
SK Telecom Co., Ltd. (ADR) |
Communications Services |
-7.6% |
-5.1% |
-76 |
-76 |
|
PBR |
01/05/07 |
-0.9% |
-0.9% |
Petroleo Brasileiro S.A. (ADR) |
Oil & Gas - Integrated |
-1.5% |
-3.6% |
-96 |
-69 |
|
VLCCF |
12/22/06 |
5.4% |
2.5% |
Knightsbridge Tankers Limited |
Water Transportation |
0.0% |
5.4% |
-59 |
-42 |
|
PKX |
08/11/06 |
38.0% |
-1.0% |
POSCO (ADR) |
Iron & Steel |
-3.6% |
-0.9% |
-50 |
-40 |
|
VIP |
08/18/06 |
62.6% |
-0.3% |
Vimpel-Communications (ADR) |
Communications Services |
-4.1% |
2.5% |
-57 |
-38 |
|
BTI |
08/12/05 |
47.4% |
4.8% |
British American Tobacco (ADR) |
Tobacco |
-2.7% |
4.9% |
-18 |
-32 |
|
NAT |
11/17/06 |
2.1% |
-0.6% |
Nordic American Tanker Shipping Limited |
Water Transportation |
-1.6% |
0.6% |
-42 |
-29 |
|
RIO |
12/29/06 |
1.3% |
1.3% |
Companhia Vale do Rio Doce (ADR) |
Metal Mining |
0.0% |
3.1% |
-42 |
-26 |
For the Growth Momentum screen in Table 3F, the number of selections is reduced by selecting only optionable stocks having P/E’s less than 30.
Table 3F
Growth Momentum Watch List
|
Stock |
Reference Date |
% Chg |
Gain in 2007 |
Company |
Industry |
% from Max |
Monthly % Gain |
%R1 |
%R2 |
|
VSEA |
10/27/06 |
12.6% |
-9.8% |
Varian Semiconductor |
Semiconductors |
-13.1% |
-10.6% |
-90 |
-85 |
|
CSE |
08/04/06 |
10.4% |
-1.4% |
CapitalSource, Inc. |
Misc. Financial Services |
-5.4% |
-0.3% |
-83 |
-71 |
|
APH |
10/20/06 |
-4.9% |
3.4% |
Amphenol Corporation |
Electronic Instruments & Controls |
-7.3% |
1.1% |
-59 |
-62 |
|
PD |
12/08/06 |
-3.0% |
0.2% |
Phelps Dodge Corporation |
Metal Mining |
-3.0% |
0.1% |
-61 |
-46 |
|
ADS |
10/20/06 |
5.9% |
2.5% |
Alliance Data Systems |
Computer Services |
-3.0% |
-2.1% |
-48 |
-44 |
|
IO |
10/06/06 |
26.0% |
-4.8% |
Input/Output, Inc. |
Scientific & Technical Instruments |
-5.7% |
0.2% |
-62 |
-43 |
|
MER |
01/12/07 |
-1.2% |
-1.2% |
Merrill Lynch & Co., Inc. |
Investment Services |
-1.2% |
-1.2% |
-33 |
-28 |
|
GS |
08/18/06 |
36.0% |
5.5% |
Goldman Sachs Group, Inc. |
Investment Services |
-1.7% |
-1.7% |
-28 |
-25 |
The filter for Warren Buffet style stock picking in Table 3G is for the intermediate to long term. Two requirements were added. One was to include only optionable stocks in order to find LEAPS opportunities. The other requirement was to include only those stocks having a PE of 17 or less.
Table 3G
Warren Buffett Value Watch List
|
Stock |
Reference Date |
% Chg |
Gain in 2007 |
Company |
Industry |
% from Max |
Monthly % Gain |
%R1 |
%R2 |
|
CRDN |
08/11/06 |
20.4% |
-6.3% |
Ceradyne, Inc. |
Aerospace and Defense |
-14.3% |
-5.8% |
-99 |
-93 |
|
TBL |
07/07/06 |
14.0% |
-6.1% |
The Timberland Company |
Footwear |
-11.2% |
-6.9% |
-96 |
-87 |
|
STR |
05/26/06 |
9.5% |
-5.5% |
Questar Corporation |
Oil & Gas Operations |
-12.8% |
-5.7% |
-91 |
-81 |
|
OXY |
11/24/06 |
-6.7% |
-8.4% |
Occidental Petroleum Corporation |
Oil & Gas Operations |
-13.8% |
-8.9% |
-85 |
-74 |
|
UNT |
11/17/06 |
-4.3% |
-3.5% |
Unit Corporation |
Oil & Gas Operations |
-11.3% |
-4.9% |
-86 |
-71 |
|
PBR |
12/29/06 |
-8.2% |
-8.2% |
Petroleo Brasileiro S.A. (ADR) |
Oil & Gas - Integrated |
-8.2% |
-3.6% |
-96 |
-69 |
|
XOM |
08/04/06 |
7.0% |
-4.0% |
Exxon Mobil Corporation |
Oil & Gas - Integrated |
-6.6% |
-2.5% |
-84 |
-65 |
|
RS |
08/11/06 |
19.3% |
-1.4% |
Reliance Steel & Aluminum |
Misc. Fabricated Products |
-4.7% |
0.2% |
-98 |
-65 |
|
MTH |
08/04/06 |
9.8% |
-4.5% |
Meritage Homes Corporation |
Construction Services |
-9.7% |
-1.0% |
-73 |
-59 |
|
ALD |
10/13/06 |
-3.1% |
-8.2% |
Allied Capital Corporation |
Investment Services |
-9.0% |
-7.5% |
-65 |
-58 |
|
PETD |
07/07/06 |
17.9% |
-0.3% |
Petroleum Development Corporation |
Oil & Gas - Integrated |
-7.9% |
-0.3% |
-66 |
-57 |
|
STLD |
10/27/06 |
9.1% |
2.8% |
Steel Dynamics, Inc. |
Iron & Steel |
-5.9% |
4.4% |
-62 |
-50 |
|
EOG |
11/10/06 |
-4.0% |
3.7% |
EOG Resources, Inc. |
Oil & Gas Operations |
-10.2% |
0.7% |
-77 |
-50 |
|
SPF |
07/14/06 |
15.7% |
-2.9% |
Standard Pacific Corp. |
Construction Services |
-7.6% |
2.4% |
-62 |
-49 |
|
MBT |
12/29/06 |
-1.1% |
-1.1% |
Mobile TeleSystems OJSC (ADR) |
Communications Services |
-2.6% |
4.8% |
-46 |
-36 |
|
JOSB |
09/22/06 |
5.9% |
7.5% |
Jos. A. Bank Clothiers, Inc. |
Retail (Apparel) |
-3.7% |
7.2% |
-22 |
-35 |
|
APA |
11/24/06 |
4.2% |
2.1% |
Apache Corporation |
Oil & Gas Operations |
-2.9% |
1.8% |
-65 |
-35 |
|
MDC |
09/22/06 |
24.6% |
-1.0% |
M.D.C. Holdings, Inc. |
Construction Services |
-1.4% |
2.4% |
-57 |
-33 |
|
PSUN |
10/13/06 |
19.3% |
6.5% |
Pacific Sunwear of California, Inc. |
Retail (Apparel) |
-2.6% |
6.1% |
-19 |
-33 |
|
BTI |
12/30/05 |
31.9% |
4.8% |
British American Tobacco (ADR) |
Tobacco |
-2.7% |
4.9% |
-18 |
-32 |
|
NAT |
11/10/06 |
-0.6% |
-0.6% |
Nordic American Tanker Shipping Limited |
Water Transportation |
-1.6% |
0.6% |
-42 |
-29 |
|
GTRC |
10/06/06 |
7.7% |
0.7% |
Guitar Center, Inc. |
Retail (Specialty Non-Apparel) |
-3.3% |
4.1% |
-30 |
-26 |
|
PCU |
07/21/06 |
30.7% |
3.7% |
Southern Copper Corporation |
Metal Mining |
-3.9% |
6.1% |
-43 |
-26 |
|
PHM |
01/12/07 |
5.9% |
5.9% |
Pulte Homes, Inc. |
Construction Services |
0.0% |
5.2% |
-50 |
-21 |
|
THO |
07/21/06 |
10.4% |
6.9% |
Thor Industries, Inc. |
Mobile Homes & RVs |
-1.0% |
8.0% |
-4 |
-18 |
|
OSK |
11/03/06 |
14.5% |
4.8% |
Oshkosh Truck Corporation |
Auto & Truck Manufacturers |
0.0% |
6.0% |
-27 |
-18 |
|
AEOS |
03/10/06 |
73.4% |
9.0% |
American Eagle Outfitters |
Retail (Apparel) |
-0.9% |
11.1% |
-14 |
-16 |
|
TOL |
09/22/06 |
16.6% |
0.6% |
Toll Brothers, Inc. |
Construction Services |
-1.8% |
2.7% |
-44 |
-13 |
|
DHI |
09/15/06 |
13.1% |
3.9% |
D.R. Horton, Inc. |
Construction Services |
0.0% |
5.9% |
-23 |
-6 |
|
JBHT |
09/22/06 |
22.5% |
15.6% |
J.B. Hunt Transport Services, Inc. |
Trucking |
0.0% |
15.7% |
-4 |
-5 |
Stocks from Benjamin Graham’s style of utility investing are listed in Table 3H. A requirement was added to include only those stocks having a PE of 17 or less.
Table 3H
Benjamin Graham Utility Watch List
|
Stock |
Reference Date |
% Chg |
Gain in 2007 |
Company |
Industry |
% from Max |
Monthly % Gain |
%R1 |
%R2 |
|
PGN |
01/10/05 |
8.3% |
-2.8% |
Progress Energy, Inc. |
Electric Utilities |
-3.7% |
-2.3% |
-87 |
-81 |
|
ATG |
10/21/05 |
16.9% |
-0.6% |
AGL Resources Inc. |
Natural Gas Utilities |
-2.6% |
-0.6% |
-99 |
-79 |
|
VVC |
03/03/06 |
7.4% |
-1.4% |
Vectren Corporation |
Natural Gas Utilities |
-4.6% |
-0.7% |
-88 |
-75 |
|
WGL |
12/23/05 |
4.1% |
-2.7% |
WGL Holdings, Inc. |
Natural Gas Utilities |
-5.3% |
-2.6% |
-87 |
-72 |
|
EON |
03/10/06 |
17.7% |
-4.6% |
E.ON AG (ADR) |
Electric Utilities |
-5.0% |
-1.8% |
-80 |
-65 |
|
WPS |
05/26/06 |
9.4% |
-1.0% |
WPS Resources Corporation |
Electric Utilities |
-2.7% |
0.2% |
-73 |
-62 |
|
OKE |
11/11/05 |
56.8% |
-2.2% |
ONEOK, Inc. |
Natural Gas Utilities |
-4.7% |
-2.2% |
-69 |
-61 |
|
UGI |
12/30/05 |
33.7% |
1.0% |
UGI Corporation |
Natural Gas Utilities |
-2.4% |
2.0% |
-65 |
-57 |
|
UU |
06/10/05 |
23.4% |
-2.8% |
United Utilities PLC (ADR) |
Electric Utilities |
-4.6% |
-1.4% |
-54 |
-56 |
|
ATO |
04/01/05 |
16.7% |
-1.5% |
Atmos Energy Corporation |
Natural Gas Utilities |
-4.8% |
-1.3% |
-63 |
-55 |
|
SRE |
01/10/05 |
54.8% |
-0.2% |
Sempra Energy |
Natural Gas Utilities |
-1.5% |
1.3% |
-62 |
-53 |
|
OTTR |
06/09/06 |
17.7% |
1.0% |
Otter Tail Corporation |
Electric Utilities |
-1.3% |
1.5% |
-47 |
-32 |
|
KEP |
10/20/06 |
18.4% |
2.2% |
Korea Electric Power Corporation (ADR) |
Electric Utilities |
0.0% |
2.4% |
-34 |
-2 |
Optionable stocks from John Templeton’s style of investing are listed in Table 3I.
Table 3I
John Templeton Watch List
|
Stock |
Reference Date |
% Chg |
Gain in 2007 |
Company |
Industry |
% from Max |
Monthly % Gain |
%R1 |
%R2 |
|
GISX |
12/30/05 |
14.1% |
-10.0% |
Global Imaging Systems, Inc. |
Office Equipment |
-13.9% |
-7.2% |
-94 |
-94 |
|
GBCI |
05/05/06 |
12.9% |
-5.0% |
Glacier Bancorp, Inc. |
Regional Banks |
-6.5% |
-4.4% |
-91 |
-90 |
|
PNR |
07/28/06 |
6.3% |
-3.5% |
Pentair, Inc. |
Conglomerates |
-9.0% |
-2.4% |
-81 |
-78 |
|
BZH |
11/24/06 |
3.1% |
-4.1% |
Beazer Homes USA, Inc. |
Construction Services |
-6.5% |
-1.5% |
-81 |
-76 |
|
SPF |
09/15/06 |
7.5% |
-2.9% |
Standard Pacific Corp. |
Construction Services |
-7.6% |
2.4% |
-62 |
-49 |
|
GGG |
12/29/06 |
3.0% |
3.0% |
Graco Inc. |
Misc. Capital Goods |
-1.7% |
3.1% |
-50 |
-47 |
|
WSO |
07/28/06 |
9.1% |
3.7% |
Watsco, Incorporated |
Misc. Capital Goods |
-9.0% |
3.8% |
-54 |
-47 |
|
UNH |
08/25/06 |
4.6% |
-1.0% |
UnitedHealth Group Inc. |
Insurance (Accident & Health) |
-4.6% |
-0.5% |
-34 |
-42 |
|
SPLS |
05/26/06 |
12.8% |
1.2% |
Staples, Inc. |
Retail (Specialty Non-Apparel) |
-1.9% |
1.4% |
-32 |
-40 |
|
COH |
07/28/06 |
59.9% |
4.7% |
Coach, Inc. |
Apparel/Accessories |
-2.9% |
3.3% |
-38 |
-39 |
|
HIBB |
07/21/06 |
61.0% |
5.0% |
Hibbett Sporting Goods, Inc. |
Retail (Specialty Non-Apparel) |
-4.6% |
-2.4% |
-26 |
-39 |
|
VIP |
12/29/06 |
-0.3% |
-0.3% |
Vimpel-Communications (ADR) |
Communications Services |
-0.5% |
2.5% |
-57 |
-38 |
|
RYL |
08/11/06 |
35.7% |
-0.7% |
The Ryland Group, Inc. |
Construction Services |
-3.9% |
3.8% |
-53 |
-34 |
|
ORLY |
09/01/06 |
7.4% |
1.1% |
O'Reilly Automotive, Inc. |
Retail (Specialty Non-Apparel) |
-7.0% |
-0.3% |
-31 |
-27 |
|
CHD |
11/18/05 |
33.6% |
4.6% |
Church & Dwight Co., Inc. |
Personal & Household Products |
-0.2% |
4.1% |
-29 |
-25 |
|
MMM |
11/10/06 |
0.1% |
1.7% |
3M Company |
Conglomerates |
-2.9% |
-0.1% |
-39 |
-24 |
|
HAR |
08/18/06 |
21.5% |
4.4% |
Harman International Industries Inc./DE/ |
Audio & Video Equipment |
-3.6% |
4.7% |
-37 |
-23 |
|
TSCO |
12/29/06 |
10.5% |
10.5% |
Tractor Supply Company |
Retail (Home Improvement) |
-1.7% |
11.8% |
-22 |
-21 |
|
THO |
08/25/06 |
18.8% |
6.9% |
Thor Industries, Inc. |
Mobile Homes & RVs |
-1.0% |
8.0% |
-4 |
-18 |
|
OSK |
12/29/06 |
4.8% |
4.8% |
Oshkosh Truck Corporation |
Auto & Truck Manufacturers |
0.0% |
6.0% |
-27 |
-18 |
|
WSM |
09/01/06 |
16.7% |
9.8% |
Williams-Sonoma, Inc. |
Retail (Specialty Non-Apparel) |
-1.9% |
8.3% |
-16 |
-18 |
|
HHS |
08/18/06 |
7.5% |
1.4% |
Harte-Hanks, Inc. |
Printing & Publishing |
-0.1% |
4.7% |
-21 |
-17 |
|
JNJ |
02/17/06 |
14.7% |
2.6% |
Johnson & Johnson |
Major Drugs |
-1.9% |
1.7% |
-10 |
-16 |
|
TOL |
12/01/06 |
0.8% |
0.6% |
Toll Brothers, Inc. |
Construction Services |
-1.8% |
2.7% |
-44 |
-13 |
|
CHRW |
11/03/06 |
8.1% |
8.9% |
C.H. Robinson Worldwide, Inc. |
Misc. Transportation |
-0.2% |
12.9% |
-21 |
-13 |
|
LRW |
10/27/06 |
11.0% |
5.4% |
Labor Ready, Inc. |
Business Services |
-2.5% |
-0.4% |
-40 |