Wiser Trader Stocks and Options Newsletter
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Issue No. 114 February 19, 2007 Prescott, Arizona Systems@WiserTrader.com
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1.0 Trading
The major indices gained an average of 1.4% this week.
|
Index |
Last Week |
This Week |
% Change |
|
DOW |
12580.8 |
12,767.57 |
1.48% |
|
NASDAQ |
2459.82 |
2,496.31 |
1.48% |
|
S&P500 |
1438.06 |
1,455.54 |
1.22% |
|
Russell 2K |
807.11 |
818.15 |
1.37% |
|
NYSE |
9291.65 |
9,433.42 |
1.53% |
|
Average |
|
|
1.42% |
1.1 Steady
The S&P 500 in Figure 1A gained 1.2% this week. Only biotech and energy declined. The average Williams-%R for the above five indices is -8 with a 200-day moving average of -37. The range of Williams-%R values is 18 units. Over the past 10 trading days, the average index was up six days with a net gain of 0.9%.
FIGURE 1A
The NASDAQ in Figure 1B gained 1.5% for the week. The week was highlighted by positive comments on the economy and inflation by the Fed Chairman. There was also a marked improvement in the deficit. However, other economic data was not as positive with a 14.3% decline in housing starts and a 0.5% drop in industrial production. With earnings expected to slow to a 5 to 7% rate, the rising channels since July for the NASDAQ and S&P 500 are widening as the rate of rise begins to level off.
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 |
1.6% |
1.5% |
-0.6% |
1.3% |
-0.6% |
|
NASDAQ Composite Index |
1.8% |
1.5% |
-0.6% |
1.7% |
-0.6% |
|
S & P 500 Index |
1.8% |
1.2% |
-0.7% |
1.8% |
-0.6% |
|
NYSE Composite Index |
2.8% |
1.5% |
-0.4% |
1.9% |
-0.3% |
|
Russell 2000 Index |
4.2% |
1.4% |
-0.3% |
2.7% |
0.4% |
|
HGX, Phil. Housing Index |
4.4% |
2.3% |
-4.5% |
7.4% |
-0.5% |
|
IYR, Real Estate |
5.3% |
-0.1% |
0.6% |
2.4% |
2.3% |
|
GLD, GOLD |
5.3% |
0.4% |
2.9% |
0.2% |
1.9% |
|
RKH, Banking |
3.0% |
1.9% |
-0.1% |
1.3% |
-0.1% |
|
IYT, Transportation |
5.3% |
3.9% |
-1.6% |
6.4% |
-3.1% |
|
SMH, Semiconductors |
3.2% |
1.5% |
-1.1% |
1.5% |
1.3% |
|
BBH, Biotechnology |
-4.4% |
-0.9% |
-1.4% |
1.0% |
-3.3% |
|
OIH, Oil Infrastructure |
2.4% |
-2.0% |
0.1% |
4.3% |
0.1% |
|
XLE, Energy |
2.5% |
-0.7% |
-0.4% |
3.1% |
0.5% |
|
XLU, Utilities |
6.1% |
0.5% |
2.5% |
2.3% |
0.6% |
|
XLB, Materials |
5.4% |
3.0% |
-0.1% |
1.5% |
0.9% |
|
XLI, Industrial |
2.9% |
2.3% |
-0.9% |
2.8% |
-1.2% |
|
XLK, Technology |
2.2% |
1.5% |
-0.9% |
1.7% |
-0.1% |
|
XLV, Healthcare |
0.2% |
0.6% |
-0.5% |
1.5% |
-1.3% |
|
XLF, Financials |
2.2% |
1.6% |
-0.6% |
1.5% |
-0.4% |
|
XLP, Consumer Staples |
1.1% |
1.5% |
-1.0% |
1.2% |
-0.5% |
|
XLY, Consumer Discretionary |
0.7% |
1.1% |
-0.6% |
2.3% |
-2.0% |
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 ** |
10.0 |
11.1 |
10.1 |
< 20 |
> 50 |
|
VXN *** |
14.8 |
17.1 |
16.4 |
< 30 |
> 70 |
|
CBOE Total Put/Call Ratio |
0.84 |
0.94 |
0.97 |
< 0.40 |
> 0.75 |
|
CBOE Equity Put/Call Ratio |
0.55 |
0.68 |
0.70 |
< 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 +1.5% NASDAQ +1.5% S&P500 Index +1.2% Russell 2000 +1.4% NYSE +1.5% 30 Year Bond 4.788% 10 Year Note 4.690% 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 $59.17 Gold for the past 30 days: USD + 5.76% CAD + 4.89% CHF + 4.71% GBP + 6.89% EUR + 4.22% JPY + 4.52% |
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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 |
6.1% |
3.0% |
4.7% |
-1.1% |
1.2% |
3.2% |
1.5% |
|
Cash Rich Companies |
1.0% |
5.9% |
-3.0% |
2.6% |
-3.1% |
-0.6% |
-2.2% |
|
Price to Free Cash Flow |
14.1% |
9.7% |
-0.7% |
-0.4% |
0.5% |
0.5% |
-1.5% |
|
Growth Momentum |
13.0% |
0.5% |
4.5% |
2.5% |
-1.7% |
0.3% |
3.4% |
|
Lynch |
29.3% |
6.3% |
7.2% |
1.5% |
-0.4% |
2.8% |
3.1% |
|
Buffett |
15.4% |
2.4% |
4.8% |
1.2% |
-1.9% |
3.8% |
1.8% |
|
Graham |
26.3% |
2.3% |
3.6% |
0.3% |
1.2% |
1.8% |
0.3% |
|
Templeton |
18.6% |
4.7% |
3.7% |
2.2% |
-1.5% |
4.2% |
-1.0% |
|
Zweig |
18.7% |
5.9% |
6.1% |
1.6% |
0.9% |
3.0% |
0.4% |
|
Average |
15.8% |
4.5% |
3.4% |
1.1% |
-0.5% |
2.1% |
0.6% |
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 |
|
GTCB |
01/19/07 |
-9.3% |
-9.3% |
GTC Biotherapeutics, Inc. |
Biotechnology & Drugs |
-9.3% |
-5.3% |
-86 |
-88 |
|
RGN |
12/29/06 |
7.8% |
7.8% |
RegeneRx Biopharmaceuticals, Inc. |
Biotechnology & Drugs |
-8.3% |
2.8% |
-83 |
-83 |
|
ILI |
01/26/07 |
0.6% |
0.6% |
Interleukin Genetics, Inc |
Healthcare Facilities |
-1.0% |
2.7% |
-76 |
-73 |
|
HIFN |
01/12/07 |
-5.9% |
-5.9% |
hi/fn, inc. |
Semiconductors |
-10.0% |
-0.6% |
-69 |
-68 |
|
PYX |
10/13/06 |
-0.1% |
-1.8% |
Playtex Products, Inc. |
Personal & Household Products |
-5.8% |
5.3% |
-60 |
-54 |
|
MEMY |
01/19/07 |
15.6% |
15.6% |
Memory Pharmaceuticals Corp. |
Biotechnology & Drugs |
-13.2% |
-13.2% |
-52 |
-51 |
|
IOMI |
01/19/07 |
4.9% |
4.9% |
Iomai Corporation |
Biotechnology & Drugs |
-2.6% |
-2.0% |
-44 |
-44 |
|
ALTH |
02/09/07 |
-4.2% |
-4.2% |
Allos Therapeutics, Inc. |
Biotechnology & Drugs |
-5.4% |
-4.2% |
-45 |
-39 |
|
FRN |
12/08/06 |
3.1% |
0.2% |
Friendly Ice Cream Corporation |
Restaurants |
-2.4% |
1.9% |
-22 |
-30 |
|
GMXR |
02/16/07 |
0.0% |
0.0% |
GMX Resources Inc. |
Oil & Gas Operations |
0.0% |
2.1% |
-33 |
-29 |
|
PWEI |
01/19/07 |
0.8% |
0.8% |
PW Eagle, Inc. |
Fabricated Plastic & Rubber |
-0.1% |
0.8% |
-29 |
-28 |
|
MMLP |
12/29/06 |
5.6% |
5.6% |
Martin Midstream Partners L.P. |
Water Transportation |
-1.3% |
0.6% |
-29 |
-27 |
|
THRM |
12/29/06 |
45.2% |
45.2% |
Thermage, Inc. |
Medical Equipment & Supplies |
-5.1% |
4.5% |
-33 |
-25 |
|
GETI |
01/19/07 |
6.4% |
6.4% |
GenTek Inc. |
Auto & Truck Parts |
-0.9% |
0.3% |
-27 |
-18 |
|
PBY |
10/06/06 |
19.4% |
9.4% |
The Pep Boys - Manny, Moe & Jack |
Retail (Specialty Non-Apparel) |
-2.3% |
8.0% |
-26 |
-18 |
|
AAWW |
12/15/06 |
7.4% |
12.2% |
Atlas Air Worldwide Holdings, Inc. |
Airline |
-1.2% |
1.6% |
-12 |
-16 |
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 |
-4.0% |
-4.0% |
Vimicro International Corporation (ADR) |
Semiconductors |
-4.0% |
-31.6% |
-91 |
-92 |
|
HOS |
02/09/07 |
-4.3% |
-4.3% |
Hornbeck Offshore Services, Inc. |
Water Transportation |
-4.3% |
0.3% |
-90 |
-90 |
|
XJT |
02/09/07 |
2.8% |
2.8% |
ExpressJet Holdings, Inc. |
Airline |
-0.6% |
-18.8% |
-86 |
-89 |
|
AWRE |
02/09/07 |
1.2% |
1.2% |
Aware, Inc. |
Communications Equipment |
0.0% |
-5.5% |
-79 |
-76 |
|
CFNB |
02/16/07 |
0.0% |
0.0% |
California First National Bancorp |
Rental & Leasing |
0.0% |
1.1% |
-44 |
-51 |
|
KONG |
02/09/07 |
7.7% |
7.7% |
KongZhong Corporation (ADR) |
Computer Services |
0.0% |
2.8% |
-48 |
-35 |
|
AVCI |
02/16/07 |
0.0% |
0.0% |
Avici Systems Inc. |
Communications Equipment |
0.0% |
13.6% |
-25 |
-26 |
|
WSC |
02/09/07 |
1.0% |
1.0% |
Wesco Financial Corporation |
Conglomerates |
-0.2% |
4.7% |
-11 |
-14 |
|
CLCT |
02/09/07 |
4.2% |
4.2% |
Collectors Universe, Inc. |
Business Services |
0.0% |
6.2% |
-8 |
-9 |
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 |
-1.8% |
-1.8% |
ExpressJet Holdings, Inc. |
Airline |
-1.8% |
2.8% |
-86 |
-89 |
|
F |
12/29/06 |
13.6% |
13.6% |
FORD MOTOR |
Auto & Truck Manufacturers |
-2.3% |
-2.3% |
-28 |
-34 |
|
FNLY |
09/08/06 |
30.5% |
17.4% |
Finlay Enterprises, Inc. |
Jewelry & Silverware |
-4.1% |
-1.7% |
-20 |
-25 |
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 |
2.0% |
2.0% |
SAP AG (ADR) |
Software & Programming |
-1.1% |
-3.9% |
-79 |
-81 |
|
PBR |
01/05/07 |
-1.4% |
-1.4% |
Petroleo Brasileiro S.A. (ADR) |
Oil & Gas - Integrated |
-5.4% |
-0.6% |
-69 |
-64 |
|
BTI |
08/12/05 |
53.5% |
9.2% |
British American Tobacco (ADR) |
Tobacco |
-2.2% |
4.2% |
-11 |
-24 |
|
NAT |
11/17/06 |
9.8% |
6.9% |
Nordic American Tanker Shipping Limited |
Water Transportation |
-2.7% |
7.5% |
-29 |
-20 |
|
VIP |
08/18/06 |
78.4% |
9.3% |
Vimpel-Communications (ADR) |
Communications Services |
-1.9% |
9.7% |
-19 |
-17 |
|
VLCCF |
12/22/06 |
9.5% |
6.5% |
Knightsbridge Tankers Limited |
Water Transportation |
-0.6% |
4.0% |
-11 |
-17 |
|
RIO |
12/29/06 |
20.7% |
20.7% |
Companhia Vale do Rio Doce (ADR) |
Metal Mining |
-0.6% |
19.2% |
-6 |
-8 |
|
PKX |
08/11/06 |
62.1% |
16.3% |
POSCO (ADR) |
Iron & Steel |
0.0% |
17.5% |
-1 |
-2 |
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 |
-4.4% |
-4.4% |
Merrill Lynch & Co., Inc. |
Investment Services |
-4.9% |
0.2% |
-65 |
-75 |
|
CSE |
08/04/06 |
10.6% |
-1.2% |
CapitalSource, Inc. |
Misc. Financial Services |
-5.2% |
0.0% |
-61 |
-62 |
|
ADS |
10/20/06 |
3.9% |
0.6% |
Alliance Data Systems |
Computer Services |
-7.5% |
-1.2% |
-52 |
-54 |
|
IO |
10/06/06 |
31.6% |
-0.6% |
Input/Output, Inc. |
Scientific & Technical Instruments |
-3.4% |
0.9% |
-33 |
-48 |
|
APH |
10/20/06 |
-0.8% |
7.9% |
Amphenol Corporation |
Electronic Instruments & Controls |
-3.3% |
-0.8% |
-16 |
-22 |
|
GS |
08/18/06 |
40.2% |
8.8% |
Goldman Sachs Group, Inc. |
Investment Services |
-1.4% |
1.7% |
-19 |
-19 |
|
VIP |
02/16/07 |
0.0% |
0.0% |
Vimpel-Communications (ADR) |
Communications Services |
0.0% |
1.0% |
-19 |
-17 |
|
PD |
12/08/06 |
0.3% |
3.6% |
Phelps Dodge Corporation |
Metal Mining |
-0.2% |
1.7% |
-11 |
-11 |
|
VSEA |
10/27/06 |
35.2% |
8.3% |
Varian Semiconductor |
Semiconductors |
0.0% |
19.4% |
-10 |
-4 |
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 |
|
BHI |
02/16/07 |
0.0% |
0.0% |
Baker Hughes Incorporated |
Oil Well Services & Equipment |
0.0% |
-3.0% |
-95 |
-96 |
|
PSUN |
10/13/06 |
10.2% |
-1.6% |
Pacific Sunwear of California, Inc. |
Retail (Apparel) |
-10.0% |
-7.6% |
-90 |
-93 |
|
AEOS |
03/10/06 |
61.2% |
1.3% |
American Eagle Outfitters |
Retail (Apparel) |
-7.9% |
-7.0% |
-65 |
-77 |
|
NE |
01/26/07 |
-2.0% |
-2.0% |
Noble Corporation |
Oil Well Services & Equipment |
-7.4% |
-2.6% |
-70 |
-75 |
|
PHM |
01/12/07 |
0.9% |
0.9% |
Pulte Homes, Inc. |
Construction Services |
-7.9% |
-4.8% |
-66 |
-72 |
|
THO |
07/21/06 |
1.8% |
-1.4% |
Thor Industries, Inc. |
Mobile Homes & RVs |
-8.8% |
-7.8% |
-69 |
-67 |
|
WHQ |
02/02/07 |
-3.3% |
-3.3% |
W-H Energy Services, Inc. |
Oil Well Services & Equipment |
-4.4% |
0.1% |
-64 |
-67 |
|
MDC |
09/22/06 |
23.6% |
-1.8% |
M.D.C. Holdings, Inc. |
Construction Services |
-6.6% |
-0.8% |
-69 |
-65 |
|
PBR |
12/29/06 |
-8.7% |
-8.7% |
Petroleo Brasileiro S.A. (ADR) |
Oil & Gas - Integrated |
-8.7% |
-0.6% |
-69 |
-64 |
|
JOSB |
09/22/06 |
5.2% |
6.7% |
Jos. A. Bank Clothiers, Inc. |
Retail (Apparel) |
-4.4% |
-0.7% |
-43 |
-56 |
|
STR |
05/26/06 |
11.5% |
-3.8% |
Questar Corporation |
Oil & Gas Operations |
-11.3% |
1.8% |
-47 |
-49 |
|
DHI |
09/15/06 |
15.9% |
6.5% |
D.R. Horton, Inc. |
Construction Services |
-8.6% |
2.5% |
-48 |
-49 |
|
TOL |
09/22/06 |
19.0% |
2.7% |
Toll Brothers, Inc. |
Construction Services |
-6.4% |
2.1% |
-44 |
-49 |
|
CRDN |
08/11/06 |
30.0% |
1.2% |
Ceradyne, Inc. |
Aerospace and Defense |
-7.4% |
8.0% |
-56 |
-45 |
|
APA |
11/24/06 |
5.6% |
3.4% |
Apache Corporation |
Oil & Gas Operations |
-5.7% |
1.3% |
-45 |
-44 |
|
EGN |
09/15/06 |
15.9% |
-1.0% |
Energen Corporation |
Natural Gas Utilities |
-2.7% |
-0.1% |
-31 |
-39 |
|
SPF |
07/14/06 |
25.2% |
5.0% |
Standard Pacific Corp. |
Construction Services |
-6.4% |
8.2% |
-34 |
-37 |
|
UNT |
11/17/06 |
-0.8% |
0.0% |
Unit Corporation |
Oil & Gas Operations |
-8.0% |
3.7% |
-40 |
-31 |
|
MBT |
12/29/06 |
9.1% |
9.1% |
Mobile TeleSystems OJSC (ADR) |
Communications Services |
-2.0% |
10.3% |
-33 |
-29 |
|
EOG |
11/10/06 |
-0.7% |
7.3% |
EOG Resources, Inc. |
Oil & Gas Operations |
-7.0% |
3.5% |
-41 |
-29 |
|
BTI |
12/30/05 |
37.4% |
9.2% |
British American Tobacco (ADR) |
Tobacco |
-2.2% |
4.2% |
-11 |
-24 |
|
NAT |
11/10/06 |
6.9% |
6.9% |
Nordic American Tanker Shipping Limited |
Water Transportation |
-2.7% |
7.5% |
-29 |
-20 |
|
WIRE |
02/09/07 |
1.9% |
1.9% |
Encore Wire Corporation |
Misc. Fabricated Products |
-1.1% |
12.7% |
-10 |
-18 |
|
OXY |
11/24/06 |
-0.9% |
-2.7% |
Occidental Petroleum Corporation |
Oil & Gas Operations |
-8.5% |
6.2% |
-13 |
-15 |
|
XOM |
08/04/06 |
9.6% |
-1.7% |
Exxon Mobil Corporation |
Oil & Gas - Integrated |
-4.4% |
2.4% |
-12 |
-13 |
|
OSK |
11/03/06 |
26.9% |
16.1% |
Oshkosh Truck Corporation |
Auto & Truck Manufacturers |
-0.3% |
10.8% |
-2 |
-13 |
|
PETD |
07/07/06 |
41.4% |
19.5% |
Petroleum Development Corporation |
Oil & Gas - Integrated |
-1.9% |
19.9% |
-16 |
-12 |
|
PCU |
07/21/06 |
59.1% |
26.2% |
Southern Copper Corporation |
Metal Mining |
-0.5% |
21.7% |
-7 |
-9 |
|
EWBC |
01/26/07 |
2.2% |
2.2% |
East West Bancorp, Inc. |
Regional Banks |
0.0% |
6.6% |
-12 |
-8 |
|
COG |
02/16/07 |
0.0% |
0.0% |
Cabot Oil & Gas Corporation |
Oil & Gas Operations |
0.0% |
12.2% |
-10 |
-7 |
|
JBHT |
09/22/06 |
36.3% |
28.6% |
J.B. Hunt Transport Services, Inc. |
Trucking |
-0.7% |
11.3% |
0 |
-6 |
|
RS |
08/11/06 |
39.1% |
15.0% |
Reliance Steel & Aluminum |
Misc. Fabricated Products |
0.0% |
16.6% |
-6 |
-4 |
|
STLD |
10/27/06 |
30.9% |
23.4% |
Steel Dynamics, Inc. |
Iron & Steel |
0.0% |
20.0% |
-6 |
-3 |
|
GTRC |
10/06/06 |
14.2% |
6.8% |
Guitar Center, Inc. |
Retail (Specialty Non-Apparel) |
0.0% |
6.0% |
-1 |
-2 |
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 |
13.0% |
-2.5% |
Korea Electric Power Corporation (ADR) |
Electric Utilities |
-6.3% |
-4.6% |
-77 |
-73 |
|
UGI |
12/30/05 |
31.6% |
-0.6% |
UGI Corporation |
Natural Gas Utilities |
-4.0% |
-1.6% |
-56 |
-64 |
|
UU |
06/10/05 |
24.0% |
-2.3% |
United Utilities PLC (ADR) |
Electric Utilities |
-4.1% |
0.5% |
-36 |
-41 |
|
VVC |
03/03/06 |
9.4% |
0.4% |
Vectren Corporation |
Natural Gas Utilities |
-2.9% |
1.8% |
-27 |
-29 |
|
WGL |
12/23/05 |
5.4% |
-1.5% |
WGL Holdings, Inc. |
Natural Gas Utilities |
-4.1% |
1.2% |
-17 |
-28 |
|
OKE |
11/11/05 |
60.4% |
0.1% |
ONEOK, Inc. |
Natural Gas Utilities |
-2.5% |
2.3% |
-23 |
-25 |
|
EON |
03/10/06 |
29.1% |
4.7% |
E.ON AG (ADR) |
Electric Utilities |
-2.5% |
9.7% |
-22 |
-23 |
|
PGN |
01/10/05 |
12.8% |
1.2% |
Progress Energy, Inc. |
Electric Utilities |
-0.5% |
4.2% |
-16 |
-16 |
|
SRE |
01/10/05 |
67.2% |
7.9% |
Sempra Energy |
Natural Gas Utilities |
-0.7% |
8.0% |
-13 |
-13 |
|
ATG |
10/21/05 |
27.0% |
8.0% |
AGL Resources Inc. |
Natural Gas Utilities |
-0.2% |
8.7% |
-9 |
-10 |
|
ATO |
04/01/05 |
22.1% |
3.0% |
Atmos Energy Corporation |
Natural Gas Utilities |
-0.4% |
4.6% |
-3 |
-6 |
|
OTTR |
06/09/06 |
24.2% |
6.6% |
Otter Tail Corporation |
Electric Utilities |
0.0% |
5.6% |
-15 |
-5 |
|
WPS |
05/26/06 |
16.4% |
5.3% |
WPS Resources Corporation |
Electric Utilities |
0.0% |
6.4% |
-9 |
-4 |
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 |
10.9% |
-0.8% |
Johnson & Johnson |
Major Drugs |
-5.2% |
-0.1% |
-83 |
-91 |
|
HIBB |
07/21/06 |
54.2% |
0.6% |
Hibbett Sports Inc. |
Retail (Specialty Non-Apparel) |
-8.6% |
-2.1% |
-72 |
-71 |
|
THO |
08/25/06 |
9.5% |
-1.4% |
Thor Industries, Inc. |
Mobile Homes & RVs |
-8.8% |
-7.8% |
-69 |
-67 |
|
NCI |
02/16/07 |
0.0% |
0.0% |
Navigant Consulting, Inc. |
Business Services |
0.0% |
-1.6% |
-30 |
-61 |
|
RYL |
08/11/06 |
36.9% |
0.2% |
The Ryland Group, Inc. |
Construction Services |
-7.7% |
0.9% |
-58 |
-61 |
|
FAST |
02/09/07 |
0.9% |
0.9% |
Fastenal Company |
Misc. Fabricated Products |
0.0% |
-0.1% |
-63 |
-53 |
|
DIS |
02/09/07 |
1.5% |
1.5% |
The Walt Disney Company |
Broadcasting & Cable TV |
0.0% |
-1.7% |
-61 |
-52 |
|
DHI |
07/14/06 |
33.1% |
6.5% |
D.R. Horton, Inc. |
Construction Services |
-8.6% |
2.5% |
-48 |
-49 |
|
TOL |
12/01/06 |
2.9% |
2.7% |
Toll Brothers, Inc. |
Construction Services |
-6.4% |
2.1% |
-44 |
-49 |
|
LOW |
09/08/06 |
22.1% |
6.8% |
Lowe's Companies, Inc. |
Retail (Home Improvement) |
-2.8% |
-0.4% |
-26 |
-47 |
|
MMM |
11/10/06 |
-3.0% |
-1.4% |
3M Company |
Conglomerates |
-5.9% |
3.1% |
-44 |
-45 |
|
UNH |
08/25/06 |
6.0% |
0.4% |
UnitedHealth Group Inc. |
Insurance (Accident & Health) |
-3.2% |
1.4% |
-46 |
-40 |
|
SPF |
09/15/06 |
16.3% |
5.0% |
Standard Pacific Corp. |
Construction Services |
-6.4% |
8.2% |
-34 |
-37 |
|
TSCO |
12/29/06 |
9.5% |
9.5% |
Tractor Supply Company |
Retail (Home Improvement) |
-2.7% |
-0.9% |
-41 |