Wiser Trader Stocks and Options Newsletter
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Issue No. 113 February 12, 2007 Prescott, Arizona Systems@WiserTrader.com
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1.0 Trading
The major indices lost an average of 0.5% this week.
|
Index |
Last Week |
This Week |
% Change |
|
DOW |
12653.5 |
12,580.83 |
-0.57% |
|
NASDAQ |
2475.88 |
2,459.82 |
-0.65% |
|
S&P500 |
1448.39 |
1,438.06 |
-0.71% |
|
Russell 2K |
809.42 |
807.11 |
-0.29% |
|
NYSE |
9325.24 |
9,291.65 |
-0.36% |
|
Average |
|
|
-0.52% |
1.1 Profit Taking
The S&P 500 in Figure 1A declined 0.7% this week. The only significant gainers were gold and utilities. The average Williams-%R for the above five indices is -43 with a 200-day moving average of -37. The range of Williams-%R values is 23 units. The average index saw gains for seven out of the last 10 trading days for a net gain of 1.4%, the same level as a week ago.
FIGURE 1A
The NASDAQ in Figure 1B lost 0.65% for the week. The end of week decline appeared to be profit taking after a slow week. The focus turned to inflation once again after Dallas Fed President Fisher commented that he would not rule out further rate hikes. This added fuel to broad speculation that a correction is overdue.
FIGURE 1B
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|
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XLQPlus
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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 |
0.2% |
-0.6% |
1.3% |
-0.6% |
0.1% |
|
NASDAQ Composite Index |
-1.7% |
-0.6% |
1.7% |
-0.6% |
-2.1% |
|
S & P 500 Index |
0.5% |
-0.7% |
1.8% |
-0.6% |
0.0% |
|
NYSE Composite Index |
1.7% |
-0.4% |
1.9% |
-0.3% |
0.4% |
|
Russell 2000 Index |
1.6% |
-0.3% |
2.7% |
0.4% |
-1.1% |
|
HGX, Phil. Housing Index |
4.8% |
-4.5% |
7.4% |
-0.5% |
2.7% |
|
IYR, Real Estate |
7.5% |
0.6% |
2.4% |
2.3% |
2.0% |
|
GLD, GOLD |
6.4% |
2.9% |
0.2% |
1.9% |
1.3% |
|
RKH, Banking |
1.3% |
-0.1% |
1.3% |
-0.1% |
0.2% |
|
IYT, Transportation |
3.5% |
-1.6% |
6.4% |
-3.1% |
2.0% |
|
SMH, Semiconductors |
-3.3% |
-1.1% |
1.5% |
1.3% |
-4.8% |
|
BBH, Biotechnology |
-2.5% |
-1.4% |
1.0% |
-3.3% |
1.2% |
|
OIH, Oil Infrastructure |
6.7% |
0.1% |
4.3% |
0.1% |
2.1% |
|
XLE, Energy |
5.3% |
-0.4% |
3.1% |
0.5% |
2.1% |
|
XLU, Utilities |
6.0% |
2.5% |
2.3% |
0.6% |
0.5% |
|
XLB, Materials |
3.9% |
-0.1% |
1.5% |
0.9% |
1.5% |
|
XLI, Industrial |
0.8% |
-0.9% |
2.8% |
-1.2% |
0.1% |
|
XLK, Technology |
-2.0% |
-0.9% |
1.7% |
-0.1% |
-2.7% |
|
XLV, Healthcare |
0.8% |
-0.5% |
1.5% |
-1.3% |
1.1% |
|
XLF, Financials |
0.5% |
-0.6% |
1.5% |
-0.4% |
-0.1% |
|
XLP, Consumer Staples |
0.0% |
-1.0% |
1.2% |
-0.5% |
0.4% |
|
XLY, Consumer Discretionary |
0.5% |
-0.6% |
2.3% |
-2.0% |
0.9% |
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 ** |
11.1 |
10.1 |
11.1 |
< 20 |
> 50 |
|
VXN *** |
17.1 |
16.4 |
17.5 |
< 30 |
> 70 |
|
CBOE Total Put/Call Ratio |
0.94 |
0.97 |
0.97 |
< 0.40 |
> 0.75 |
|
CBOE Equity Put/Call Ratio |
0.68 |
0.70 |
0.63 |
< 0.55 |
> 0.70 |
|
** Above 20 day SMA = Short-term sell 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 -0.6% NASDAQ -0.6% S&P500 Index -0.7% Russell 2000 -0.3% NYSE -0.4% 30 Year Bond 4.865% 10 Year Note 4.784% 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 $59.75 Gold for the past 30 days: USD + 8.96% CAD + 8.70% CHF + 9.13% GBP + 7.97% EUR + 8.38% JPY +10.91% |
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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 gains and losses for stocks that have been removed from the lists. 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 |
7.2% |
3.3% |
7.3% |
1.0% |
3.2% |
1.1% |
2.0% |
|
Cash Rich Companies |
0.0% |
0.0% |
-4.5% |
-3.7% |
0.8% |
-2.0% |
0.3% |
|
Price to Free Cash Flow |
14.8% |
10.4% |
3.7% |
0.5% |
0.5% |
-1.5% |
3.7% |
|
Growth Momentum |
11.4% |
-1.4% |
-0.8% |
-1.8% |
0.1% |
2.8% |
-1.8% |
|
Lynch |
27.3% |
4.8% |
6.5% |
-0.4% |
2.8% |
3.1% |
0.8% |
|
Buffett |
14.5% |
1.3% |
4.6% |
-2.1% |
3.7% |
1.7% |
1.4% |
|
Graham |
26.1% |
2.0% |
3.3% |
1.2% |
1.8% |
0.3% |
0.0% |
|
Templeton |
16.5% |
2.7% |
2.1% |
-1.5% |
4.2% |
-1.1% |
0.7% |
|
Zweig |
18.3% |
4.8% |
4.0% |
0.2% |
3.0% |
0.3% |
0.5% |
|
Average |
15.1% |
3.1% |
2.9% |
-0.7% |
2.2% |
0.5% |
0.8% |
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 |
|
ILI |
01/26/07 |
-2.0% |
-2.0% |
Interleukin Genetics, Inc |
Healthcare Facilities |
-3.5% |
-3.0% |
-92 |
-91 |
|
ULBI |
01/19/07 |
-6.3% |
-6.3% |
Ultralife Batteries, Inc. |
Electronic Instruments & Controls |
-7.7% |
-11.9% |
-88 |
-87 |
|
RGN |
12/29/06 |
10.7% |
10.7% |
RegeneRx Biopharmaceuticals, Inc. |
Biotechnology & Drugs |
-5.8% |
7.1% |
-76 |
-76 |
|
HIFN |
01/12/07 |
-5.4% |
-5.4% |
hi/fn, inc. |
Semiconductors |
-9.5% |
-1.1% |
-63 |
-65 |
|
GTCB |
01/19/07 |
-4.2% |
-4.2% |
GTC Biotherapeutics, Inc. |
Biotechnology & Drugs |
-4.2% |
0.0% |
-71 |
-57 |
|
FRN |
12/08/06 |
1.2% |
-1.7% |
Friendly Ice Cream Corporation |
Restaurants |
-4.2% |
-3.1% |
-33 |
-41 |
|
PWEI |
01/19/07 |
0.1% |
0.1% |
PW Eagle, Inc. |
Fabricated Plastic & Rubber |
-0.8% |
10.4% |
-35 |
-38 |
|
IOMI |
01/19/07 |
7.0% |
7.0% |
Iomai Corporation |
Biotechnology & Drugs |
-0.6% |
1.3% |
-34 |
-31 |
|
MMLP |
12/29/06 |
5.0% |
5.0% |
Martin Midstream Partners L.P. |
Water Transportation |
-1.9% |
-0.3% |
-26 |
-31 |
|
PYX |
10/13/06 |
1.0% |
-0.7% |
Playtex Products, Inc. |
Personal & Household Products |
-4.7% |
2.1% |
-28 |
-28 |
|
ALTH |
02/09/07 |
0.0% |
0.0% |
Allos Therapeutics, Inc. |
Biotechnology & Drugs |
0.0% |
11.0% |
-22 |
-26 |
|
THRM |
12/29/06 |
43.3% |
43.3% |
Thermage, Inc. |
Medical Equipment & Supplies |
-6.4% |
22.2% |
-17 |
-24 |
|
GETI |
01/19/07 |
6.1% |
6.1% |
GenTek Inc. |
Auto & Truck Parts |
-1.3% |
-1.3% |
-19 |
-20 |
|
PBY |
10/06/06 |
19.3% |
9.2% |
The Pep Boys - Manny, Moe & Jack |
Retail (Specialty Non-Apparel) |
-2.5% |
8.2% |
-10 |
-19 |
|
AAWW |
12/15/06 |
5.8% |
10.5% |
Atlas Air Worldwide Holdings, Inc. |
Airline |
-1.2% |
-0.4% |
-4 |
-13 |
|
MEMY |
01/19/07 |
33.2% |
33.2% |
Memory Pharmaceuticals Corp. |
Biotechnology & Drugs |
0.0% |
17.0% |
-4 |
-13 |
Companies with net cash positions that comprise at least 30% of their share price are listed in Table 3C. Previously, the screen looked for companies having cash positions comprising 40% of their share price but this produced very few candidates. 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 |
|
VIMC |
02/09/07 |
0.0% |
0.0% |
Vimicro International Corporation (ADR) |
Semiconductors |
0.0% |
-27.5% |
-99 |
-99 |
|
XJT |
02/09/07 |
0.0% |
0.0% |
ExpressJet Holdings, Inc. |
Airline |
0.0% |
-18.5% |
-93 |
-99 |
|
AWRE |
02/09/07 |
0.0% |
0.0% |
Aware, Inc. |
Communications Equipment |
0.0% |
-4.7% |
-86 |
-85 |
|
HOS |
02/09/07 |
0.0% |
0.0% |
Hornbeck Offshore Services, Inc. |
Water Transportation |
0.0% |
4.8% |
-81 |
-83 |
|
KONG |
02/09/07 |
0.0% |
0.0% |
KongZhong Corporation (ADR) |
Computer Services |
0.0% |
-6.2% |
-93 |
-82 |
|
CLCT |
02/09/07 |
0.0% |
0.0% |
Collectors Universe, Inc. |
Business Services |
0.0% |
-2.0% |
-68 |
-75 |
|
ASPV |
02/09/07 |
0.0% |
0.0% |
Aspreva Pharmaceuticals Corporation |
Biotechnology & Drugs |
0.0% |
1.8% |
-46 |
-44 |
|
ADZA |
02/09/07 |
0.0% |
0.0% |
Adeza Biomedical Corporation |
Biotechnology & Drugs |
0.0% |
6.9% |
-27 |
-36 |
|
WSC |
02/09/07 |
0.0% |
0.0% |
Wesco Financial Corporation |
Conglomerates |
0.0% |
4.5% |
-23 |
-18 |
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 |
|
XJT |
02/02/07 |
-4.5% |
-4.5% |
ExpressJet Holdings, Inc. |
Airline |
-4.5% |
-4.5% |
-93 |
-99 |
|
FNLY |
09/08/06 |
32.7% |
19.4% |
Finlay Enterprises, Inc. |
Jewelry & Silverware |
-2.5% |
0.0% |
-11 |
-17 |
|
F |
12/29/06 |
16.2% |
16.2% |
FORD MOTOR |
Auto & Truck Manufacturers |
0.0% |
6.1% |
-7 |
-16 |
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 |
|
SAP |
01/26/07 |
0.2% |
0.2% |
SAP AG (ADR) |
Software & Programming |
-1.0% |
-7.4% |
-89 |
-91 |
|
PBR |
01/05/07 |
-0.1% |
-0.1% |
Petroleo Brasileiro S.A. (ADR) |
Oil & Gas - Integrated |
-4.1% |
1.0% |
-54 |
-63 |
|
VIP |
08/18/06 |
76.7% |
8.3% |
Vimpel-Communications (ADR) |
Communications Services |
-2.8% |
11.2% |
-18 |
-23 |
|
RIO |
12/29/06 |
11.9% |
11.9% |
Companhia Vale do Rio Doce (ADR) |
Metal Mining |
-4.0% |
12.0% |
-15 |
-21 |
|
VLCCF |
12/22/06 |
9.3% |
6.3% |
Knightsbridge Tankers Limited |
Water Transportation |
-0.7% |
4.8% |
-14 |
-17 |
|
PKX |
08/11/06 |
54.1% |
10.5% |
POSCO (ADR) |
Iron & Steel |
-1.9% |
13.1% |
-18 |
-15 |
|
BTI |
08/12/05 |
55.0% |
10.2% |
British American Tobacco (ADR) |
Tobacco |
-1.0% |
5.2% |
-2 |
-10 |
|
NAT |
11/17/06 |
11.6% |
8.6% |
Nordic American Tanker Shipping Limited |
Water Transportation |
0.0% |
11.8% |
-3 |
-3 |
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 |
|
MER |
01/12/07 |
-4.5% |
-4.5% |
Merrill Lynch & Co., Inc. |
Investment Services |
-5.0% |
-2.5% |
-58 |
-82 |
|
VSEA |
10/27/06 |
13.2% |
-9.3% |
Varian Semiconductor |
Semiconductors |
-12.6% |
-2.4% |
-56 |
-80 |
|
ADS |
10/20/06 |
5.1% |
1.7% |
Alliance Data Systems |
Computer Services |
-6.4% |
-4.3% |
-58 |
-75 |
|
CSE |
08/04/06 |
10.6% |
-1.2% |
CapitalSource, Inc. |
Misc. Financial Services |
-5.2% |
-3.9% |
-35 |
-65 |
|
IO |
10/06/06 |
30.4% |
-1.5% |
Input/Output, Inc. |
Scientific & Technical Instruments |
-3.8% |
-0.4% |
-45 |
-52 |
|
GS |
08/18/06 |
37.9% |
7.0% |
Goldman Sachs Group, Inc. |
Investment Services |
-3.1% |
-0.1% |
-29 |
-32 |
|
PD |
12/08/06 |
-1.4% |
1.9% |
Phelps Dodge Corporation |
Metal Mining |
-1.9% |
-0.2% |
-27 |
-27 |
|
APH |
10/20/06 |
0.0% |
8.8% |
Amphenol Corporation |
Electronic Instruments & Controls |
-2.5% |
-0.3% |
-6 |
-15 |
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 |
|
THO |
07/21/06 |
-2.9% |
-6.0% |
Thor Industries, Inc. |
Mobile Homes & RVs |
-13.0% |
-10.4% |
-92 |
-97 |
|
PSUN |
10/13/06 |
10.8% |
-1.1% |
Pacific Sunwear of California, Inc. |
Retail (Apparel) |
-9.6% |
-8.8% |
-90 |
-90 |
|
TBL |
07/07/06 |
10.6% |
-9.0% |
The Timberland Company |
Footwear |
-13.8% |
-4.0% |
-72 |
-89 |
|
AEOS |
03/10/06 |
61.3% |
1.4% |
American Eagle Outfitters |
Retail (Apparel) |
-7.8% |
-6.2% |
-59 |
-83 |
|
MDC |
09/22/06 |
22.1% |
-2.9% |
M.D.C. Holdings, Inc. |
Construction Services |
-7.7% |
-0.5% |
-57 |
-75 |
|
PHM |
01/12/07 |
0.4% |
0.4% |
Pulte Homes, Inc. |
Construction Services |
-8.3% |
0.4% |
-56 |
-74 |
|
CRDN |
08/11/06 |
24.4% |
-3.2% |
Ceradyne, Inc. |
Aerospace and Defense |
-11.4% |
1.3% |
-62 |
-69 |
|
WHQ |
02/02/07 |
-1.3% |
-1.3% |
W-H Energy Services, Inc. |
Oil Well Services & Equipment |
-2.4% |
2.6% |
-54 |
-65 |
|
JOSB |
09/22/06 |
2.9% |
4.4% |
Jos. A. Bank Clothiers, Inc. |
Retail (Apparel) |
-6.5% |
-5.7% |
-46 |
-64 |
|
PBR |
12/29/06 |
-7.4% |
-7.4% |
Petroleo Brasileiro S.A. (ADR) |
Oil & Gas - Integrated |
-7.4% |
1.0% |
-54 |
-63 |
|
TOL |
09/22/06 |
16.3% |
0.3% |
Toll Brothers, Inc. |
Construction Services |
-8.5% |
2.2% |
-42 |
-62 |
|
DHI |
09/15/06 |
15.2% |
5.9% |
D.R. Horton, Inc. |
Construction Services |
-9.1% |
6.3% |
-41 |
-51 |
|
NE |
01/26/07 |
1.6% |
1.6% |
Noble Corporation |
Oil Well Services & Equipment |
-4.0% |
2.8% |
-32 |
-48 |
|
SPF |
07/14/06 |
22.4% |
2.7% |
Standard Pacific Corp. |
Construction Services |
-8.5% |
9.8% |
-38 |
-46 |
|
MBT |
12/29/06 |
5.6% |
5.6% |
Mobile TeleSystems OJSC (ADR) |
Communications Services |
-5.2% |
11.1% |
-34 |
-43 |
|
OXY |
11/24/06 |
-3.0% |
-4.7% |
Occidental Petroleum Corporation |
Oil & Gas Operations |
-10.4% |
4.8% |
-27 |
-37 |
|
APA |
11/24/06 |
7.4% |
5.2% |
Apache Corporation |
Oil & Gas Operations |
-4.1% |
8.9% |
-32 |
-33 |
|
EOG |
11/10/06 |
-1.3% |
6.6% |
EOG Resources, Inc. |
Oil & Gas Operations |
-7.6% |
6.9% |
-31 |
-31 |
|
XOM |
08/04/06 |
9.5% |
-1.8% |
Exxon Mobil Corporation |
Oil & Gas - Integrated |
-4.5% |
3.5% |
-27 |
-31 |
|
STLD |
10/27/06 |
22.8% |
15.7% |
Steel Dynamics, Inc. |
Iron & Steel |
-5.3% |
13.6% |
-19 |
-26 |
|
EWBC |
01/26/07 |
0.6% |
0.6% |
East West Bancorp, Inc. |
Regional Banks |
-0.7% |
6.5% |
-23 |
-24 |
|
OSK |
11/03/06 |
19.2% |
9.1% |
Oshkosh Truck Corporation |
Auto & Truck Manufacturers |
-1.9% |
6.2% |
-14 |
-22 |
|
WIRE |
02/09/07 |
0.0% |
0.0% |
Encore Wire Corporation |
Misc. Fabricated Products |
0.0% |
8.5% |
-25 |
-22 |
|
UNT |
11/17/06 |
0.4% |
1.3% |
Unit Corporation |
Oil & Gas Operations |
-6.8% |
7.0% |
-13 |
-21 |
|
STR |
05/26/06 |
14.5% |
-1.2% |
Questar Corporation |
Oil & Gas Operations |
-8.9% |
5.1% |
-14 |
-19 |
|
PCU |
07/21/06 |
46.9% |
16.6% |
Southern Copper Corporation |
Metal Mining |
-3.7% |
13.7% |
-8 |
-19 |
|
GTRC |
10/06/06 |
9.4% |
2.3% |
Guitar Center, Inc. |
Retail (Specialty Non-Apparel) |
-2.0% |
6.0% |
-9 |
-17 |
|
RS |
08/11/06 |
30.4% |
7.8% |
Reliance Steel & Aluminum |
Misc. Fabricated Products |
-1.3% |
8.2% |
-6 |
-15 |
|
BTI |
12/30/05 |
38.7% |
10.2% |
British American Tobacco (ADR) |
Tobacco |
-1.0% |
5.2% |
-2 |
-10 |
|
EGN |
09/15/06 |
19.1% |
1.7% |
Energen Corporation |
Natural Gas Utilities |
0.0% |
3.9% |
-5 |
-10 |
|
PETD |
07/07/06 |
43.4% |
21.2% |
Petroleum Development Corporation |
Oil & Gas - Integrated |
-0.5% |
23.7% |
-4 |
-6 |
|
JBHT |
09/22/06 |
29.4% |
22.1% |
J.B. Hunt Transport Services, Inc. |
Trucking |
-0.6% |
7.5% |
-1 |
-5 |
|
NAT |
11/10/06 |
8.7% |
8.6% |
Nordic American Tanker Shipping Limited |
Water Transportation |
0.0% |
11.8% |
-3 |
-3 |
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 |
|
KEP |
10/20/06 |
15.1% |
-0.7% |
Korea Electric Power Corporation (ADR) |
Electric Utilities |
-4.6% |
-1.4% |
-48 |
-54 |
|
WGL |
12/23/05 |
5.0% |
-1.8% |
WGL Holdings, Inc. |
Natural Gas Utilities |
-4.5% |
0.2% |
-48 |
-50 |
|
UGI |
12/30/05 |
33.3% |
0.6% |
UGI Corporation |
Natural Gas Utilities |
-2.8% |
-0.8% |
-27 |
-33 |
|
PGN |
01/10/05 |
11.3% |
-0.1% |
Progress Energy, Inc. |
Electric Utilities |
-1.0% |
3.6% |
-36 |
-32 |
|
UU |
06/10/05 |
25.6% |
-1.0% |
United Utilities PLC (ADR) |
Electric Utilities |
-2.9% |
1.2% |
-28 |
-31 |
|
OTTR |
06/09/06 |
21.7% |
4.5% |
Otter Tail Corporation |
Electric Utilities |
-1.9% |
3.2% |
-7 |
-30 |
|
EON |
03/10/06 |
29.8% |
5.2% |
E.ON AG (ADR) |
Electric Utilities |
-2.0% |
9.5% |
-9 |
-19 |
|
VVC |
03/03/06 |
9.9% |
1.0% |
Vectren Corporation |
Natural Gas Utilities |
-2.4% |
1.8% |
-8 |
-18 |
|
ATG |
10/21/05 |
24.2% |
5.6% |
AGL Resources Inc. |
Natural Gas Utilities |
-0.7% |
5.4% |
-6 |
-14 |
|
OKE |
11/11/05 |
61.8% |
0.9% |
ONEOK, Inc. |
Natural Gas Utilities |
-1.7% |
4.5% |
-3 |
-12 |
|
ATO |
04/01/05 |
19.7% |
1.0% |
Atmos Energy Corporation |
Natural Gas Utilities |
-2.4% |
3.0% |
-2 |
-10 |
|
SRE |
01/10/05 |
67.0% |
7.7% |
Sempra Energy |
Natural Gas Utilities |
-0.4% |
8.8% |
-4 |
-10 |
|
WPS |
05/26/06 |
14.4% |
3.6% |
WPS Resources Corporation |
Electric Utilities |
0.0% |
3.4% |
-6 |
-6 |
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 |
|
JNJ |
02/17/06 |
11.1% |
-0.6% |
Johnson & Johnson |
Major Drugs |
-5.1% |
-1.5% |
-94 |
-97 |
|
THO |
08/25/06 |
4.4% |
-6.0% |
Thor Industries, Inc. |
Mobile Homes & RVs |
-13.0% |
-10.4% |
-92 |
-97 |
|
UNH |
08/25/06 |
0.0% |
-5.3% |
UnitedHealth Group Inc. |
Insurance (Accident & Health) |
-8.7% |
-7.7% |
-87 |
-94 |
|
DIS |
02/09/07 |
0.0% |
0.0% |
The Walt Disney Company |
Broadcasting & Cable TV |
0.0% |
-2.4% |
-37 |
-80 |
|
MMM |
11/10/06 |
-5.9% |
-4.4% |
3M Company |
Conglomerates |
-8.7% |
0.9% |
-77 |
-79 |
|
RYL |
08/11/06 |
35.7% |
-0.6% |
The Ryland Group, Inc. |
Construction Services |
-8.5% |
3.6% |
-45 |
-64 |
|
TOL |
12/01/06 |
0.6% |
0.3% |
Toll Brothers, Inc. |
Construction Services |
-8.5% |
2.2% |
-42 |
-62 |
|
HHS |
08/18/06 |
3.2% |
-2.7% |
Harte-Hanks, Inc. |
Printing & Publishing |
-5.9% |
-3.7% |
-60 |
-61 |
|
FAST |
02/09/07 |
0.0% |
0.0% |
Fastenal Company |
Misc. Fabricated Products |
0.0% |
-3.7% |
-42 |
-59 |
|
TSCO |
12/29/06 |
6.3% |
6.3% |
Tractor Supply Company |
Retail (Home Improvement) |
-5.5% |
-3.5% |
-51 |
-53 |
|
HIBB |
07/21/06 |
57.5% |
2.8% |
Hibbett Sporting Goods, Inc. |
Retail (Specialty Non-Apparel) |
-6.6% |
-1.9% |
-44 |
-53 |
|
GGG |
12/29/06 |
2.4% |
2.4% |
Graco Inc. |
Misc. Capital Goods |
-3.0% |
-1.8% |
-19 |
-53 |
|
PNR |
07/28/06 |
9.5% |
-0.6% |
Pentair, Inc. |
Conglomerates |
-6.3% |
3.5% |
-40 |
-51 |
|
DHI |
07/14/06 |
32.3% |
5.9% |
D.R. Horton, Inc. |
Construction Services |
-9.1% |
6.3% |
-41 |
-51 |
|
SPF |
09/15/06 |
13.7% |
2.7% |
Standard Pacific Corp. |
Construction Services |
-8.5% |
9.8% |
-38 |
-46 |
|
SPLS |
05/26/06 |
11.5% |
0.0% |
Staples, Inc. |
Retail (Specialty Non-Apparel) |
-3.1% |
0.1% |
-44 |