Solitaire Trader

This Week

I ended up doing some buying this week.  The current portfolio now is:

ADS, BRY, CMCO, DECK, EMCI, ERS, FCFS, FDS, FMD, FORM, FRD, GDI, GMXR, GRMN, LTXX, PWEI, SGMS, TGE, VLO

Almost all of these were bought this week.  All but 2 (ADS, ERS) are above their buy price.

The portfolio was actually up this week, +0.48%, although that is less than the Russell's +0.97%.  Performance was hurt by the index ETF calls that I bought too soon while the market was still going down.  At least these are improving now and I've been closing some of them out.  Plus, I still have lots of cash.

I should be back to posting regularly in another week.  I'll be making some changes then that I hope will improve the blog.

Taking a Break

Due to some issues that are keeping me busy, plus the fact that I'm nearly in cash and doing nothing and that doesn't look like it is going to change, I'm going to take a break for a couple of weeks.  See you when I return.

Watchlist for 5/22/06

This list is just a list of stocks of interest, it isn't a buy list in any way.  Any feedback would be appreciated.

The decline in the bullish percents for the strongest stocks in the market continues to be relentless.

Remember, Darvas stocks are stocks where price is more than double the 52 week low.

Darvas Stocks (>$5 share, >60,000 average volume)

As of 5/19/06: (portfolio stocks underlined)

Number of Darvas Stocks: 474 (+5)
Number of Darvas Stocks with a Point and Figure (PnF) buy signal: 255 (-23)
Bullish Percent: 53.8% (-5.5%)

Number of Darvas Stocks with Point and Figure Charts in Xs: 107 (-13)

Number of Darvas Stocks at new 52 week highs: 2 (0.4%, -1)

New PnF buy signals:
LCRD

Last Stochastic (Slow Stochastic 39,3) cross of 20:
MXO, MXWL, VIVO

MACD below zero cross:
AMD, PANC, TRID

Parabolic SAR buy signal with Last Stochastic<50, MACD<0:
AMD, CELL, LCRD, NCTY, SILC, TRID

Most Interesting stock of the day from the above screens:
none

Week of 5/15/06

The portfolio was down -2.90% this week.

The Russell 2000 was down -2.68%. 

Month to date the portfolio is down -5.35%.   The Russell 2000 is -5.49%.

Year to date the portfolio is up +6.87%.  The Russell 2000 is up +7.33%.

Over the past 52 weeks the portfolio is up +23.13% while the Russell is up +18.56%.

The portfolio was down -2.90% this week.

The Russell 2000 was down -2.68%. 

Month to date the portfolio is down -5.35%.   The Russell 2000 is -5.49%.

Year to date the portfolio is up +6.87%.  The Russell 2000 is up +7.33%.

Over the past 52 weeks the portfolio is up +23.13% while the Russell is up +18.56%.

5/18/06

The portfolio was up +0.46%  today.

The Russell 2000 was up +0.57%.  

The score for the year in completed trades is 121 winners and 114 losers.   The average profit amount is 2.32 times the average loss amount.  The current portfolio contains 4 stocks, 2 are up and 2 are down.  I am also long calls in index ETFs.

The portfolio was up +0.46%  today.

The Russell 2000 was up +0.57%.  

The score for the year in completed trades is 121 winners and 114 losers.   The average profit amount is 2.32 times the average loss amount.  The current portfolio contains 4 stocks, 2 are up and 2 are down.  I am also long calls in index ETFs.

The portfolio was up +0.46%  today.

The Russell 2000 was up +0.57%.  

The score for the year in completed trades is 121 winners and 114 losers.   The average profit amount is 2.32 times the average loss amount.  The current portfolio contains 4 stocks, 2 are up and 2 are down.  I am also long calls in index ETFs.

The portfolio was up +0.46%  today.

The Russell 2000 was up +0.57%.  

The score for the year in completed trades is 121 winners and 114 losers.   The average profit amount is 2.32 times the average loss amount.  The current portfolio contains 4 stocks, 2 are up and 2 are down.  I am also long calls in index ETFs.

The portfolio was up +0.46%  today.

The Russell 2000 was up +0.57%.  

The score for the year in completed trades is 121 winners and 114 losers.   The average profit amount is 2.32 times the average loss amount.  The current portfolio contains 4 stocks, 2 are up and 2 are down.  I am also long calls in index ETFs.

The portfolio was up +0.46%  today.

The Russell 2000 was up +0.57%.  

The score for the year in completed trades is 121 winners and 114 losers.   The average profit amount is 2.32 times the average loss amount.  The current portfolio contains 4 stocks, 2 are up and 2 are down.  I am also long calls in index ETFs.

The portfolio was up +0.46%  today.

The Russell 2000 was up +0.57%.  

The score for the year in completed trades is 121 winners and 114 losers.   The average profit amount is 2.32 times the average loss amount.  The current portfolio contains 4 stocks, 2 are up and 2 are down.  I am also long calls in index ETFs.

The portfolio was up +0.46%  today.

The Russell 2000 was up +0.57%.  

The score for the year in completed trades is 121 winners and 114 losers.   The average profit amount is 2.32 times the average loss amount.  The current portfolio contains 4 stocks, 2 are up and 2 are down.  I am also long calls in index ETFs.

The portfolio was up +0.46%  today.

The Russell 2000 was up +0.57%.  

The score for the year in completed trades is 121 winners and 114 losers.   The average profit amount is 2.32 times the average loss amount.  The current portfolio contains 4 stocks, 2 are up and 2 are down.  I am also long calls in index ETFs.

The portfolio was up +0.46%  today.

The Russell 2000 was up +0.57%.  

The score for the year in completed trades is 121 winners and 114 losers.   The average profit amount is 2.32 times the average loss amount.  The current portfolio contains 4 stocks, 2 are up and 2 are down.  I am also long calls in index ETFs.

The portfolio was up +0.46%  today.

The Russell 2000 was up +0.57%.  

The score for the year in completed trades is 121 winners and 114 losers.   The average profit amount is 2.32 times the average loss amount.  The current portfolio contains 4 stocks, 2 are up and 2 are down.  I am also long calls in index ETFs.

The portfolio was up +0.46%  today.

The Russell 2000 was up +0.57%.  

The score for the year in completed trades is 121 winners and 114 losers.   The average profit amount is 2.32 times the average loss amount.  The current portfolio contains 4 stocks, 2 are up and 2 are down.  I am also long calls in index ETFs.

The portfolio was up +0.46%  today.

The Russell 2000 was up +0.57%.  

The score for the year in completed trades is 121 winners and 114 losers.   The average profit amount is 2.32 times the average loss amount.  The current portfolio contains 4 stocks, 2 are up and 2 are down.  I am also long calls in index ETFs.

The portfolio was up +0.46%  today.

The Russell 2000 was up +0.57%.  

The score for the year in completed trades is 121 winners and 114 losers.   The average profit amount is 2.32 times the average loss amount.  The current portfolio contains 4 stocks, 2 are up and 2 are down.  I am also long calls in index ETFs.

The portfolio was up +0.46%  today.

The Russell 2000 was up +0.57%.  

The score for the year in completed trades is 121 winners and 114 losers.   The average profit amount is 2.32 times the average loss amount.  The current portfolio contains 4 stocks, 2 are up and 2 are down.  I am also long calls in index ETFs.

The portfolio was up +0.46%  today.

The Russell 2000 was up +0.57%.  

The score for the year in completed trades is 121 winners and 114 losers.   The average profit amount is 2.32 times the average loss amount.  The current portfolio contains 4 stocks, 2 are up and 2 are down.  I am also long calls in index ETFs.

The portfolio was up +0.46%  today.

The Russell 2000 was up +0.57%.  

The score for the year in completed trades is 121 winners and 114 losers.   The average profit amount is 2.32 times the average loss amount.  The current portfolio contains 4 stocks, 2 are up and 2 are down.  I am also long calls in index ETFs.

The portfolio was up +0.46%  today.

The Russell 2000 was up +0.57%.  

The score for the year in completed trades is 121 winners and 114 losers.   The average profit amount is 2.32 times the average loss amount.  The current portfolio contains 4 stocks, 2 are up and 2 are down.  I am also long calls in index ETFs.

The portfolio was up +0.46%  today.

The Russell 2000 was up +0.57%.  

The score for the year in completed trades is 121 winners and 114 losers.   The average profit amount is 2.32 times the average loss amount.  The current portfolio contains 4 stocks, 2 are up and 2 are down.  I am also long calls in index ETFs.

The portfolio was up +0.46%  today.

The Russell 2000 was up +0.57%.  

The score for the year in completed trades is 121 winners and 114 losers.   The average profit amount is 2.32 times the average loss amount.  The current portfolio contains 4 stocks, 2 are up and 2 are down.  I am also long calls in index ETFs.

The portfolio was up +0.46%  today.

The Russell 2000 was up +0.57%.  

The score for the year in completed trades is 121 winners and 114 losers.   The average profit amount is 2.32 times the average loss amount.  The current portfolio contains 4 stocks, 2 are up and 2 are down.  I am also long calls in index ETFs.

Shoot Me Now! Please!

Ok, it is now official - I want this market to crash. 

I've got so little left in the market that it doesn't matter if it goes to 0.  This endless drip drip drip of 1% down a day has got to stop.  I can't go short with the market this oversold, because seriously, it will end.   

So please, end now.  Lets get it down to where there are compelling buys.  Right now, the market is still too overvalued to present a great buying opportunity.  We need to go down big.  I expected it would take till October for a bottom.  But if we could just crash here, something useful could come out of this.

This is sort of like how rooting for the St. Louis Cardinals to win the World Series has been recently.  So close, and yet so far.  Let's just crash already!

Watchlist for 5/19/06

This list is just a list of stocks of interest, it isn't a buy list in any way.  Any feedback would be appreciated.

I'm currently more than 90% in cash and there's no sign that's going to change much anytime soon.  There's very little sign of a bottom here.

Remember, Darvas stocks are stocks where price is more than double the 52 week low.

Darvas Stocks (>$5 share, >60,000 average volume)

As of 5/18/06: (portfolio stocks underlined)

Number of Darvas Stocks: 469 (-23)
Number of Darvas Stocks with a Point and Figure (PnF) buy signal: 278 (-30)
Bullish Percent: 59.3% (-3.3%)

Number of Darvas Stocks with Point and Figure Charts in Xs: 120 (-13)

Number of Darvas Stocks at new 52 week highs: 3 (0.6%, no change)

New PnF buy signals:
none

Last Stochastic (Slow Stochastic 39,3) cross of 20:
AMD, CELL, CMCO, STAA, TRID

MACD below zero cross:
SNTS

Parabolic SAR buy signal with Last Stochastic<50, MACD<0:
RWC

Most Interesting stock of the day from the above screens:
TRID - Trident Microsystems Inc.

ATHR

Bought ATHR today at 22.19.

This has been showing some strength in the last few days (strength is relative - hey, it's not crashing!).

CMCO

Bought CMCO at 25.01.

Dipping a toe into the water again with a small position.  If it doesn't gap down to its stop tomorrow morning, it will do better than my last purchase!

5/18/06

The portfolio was down -0.85% today.

The Russell 2000 was down -1.02%. 

The score for the year in completed trades is 121 winners and 114 losers.   The average profit amount is 2.32 times the average loss amount.  The current portfolio contains 4 stocks, 1 is up and 3 are down.  I am also long and wrong calls in index ETFs.

The portfolio was down -0.85% today.

The Russell 2000 was down -1.02%. 

The score for the year in completed trades is 121 winners and 114 losers.   The average profit amount is 2.32 times the average loss amount.  The current portfolio contains 4 stocks, 1 is up and 3 are down.  I am also long and wrong calls in index ETFs.

The portfolio was down -0.85% today.

The Russell 2000 was down -1.02%. 

The score for the year in completed trades is 121 winners and 114 losers.   The average profit amount is 2.32 times the average loss amount.  The current portfolio contains 4 stocks, 1 is up and 3 are down.  I am also long and wrong calls in index ETFs.

The portfolio was down -0.85% today.

The Russell 2000 was down -1.02%. 

The score for the year in completed trades is 121 winners and 114 losers.   The average profit amount is 2.32 times the average loss amount.  The current portfolio contains 4 stocks, 1 is up and 3 are down.  I am also long and wrong calls in index ETFs.

The portfolio was down -0.85% today.

The Russell 2000 was down -1.02%. 

The score for the year in completed trades is 121 winners and 114 losers.   The average profit amount is 2.32 times the average loss amount.  The current portfolio contains 4 stocks, 1 is up and 3 are down.  I am also long and wrong calls in index ETFs.

The portfolio was down -0.85% today.

The Russell 2000 was down -1.02%. 

The score for the year in completed trades is 121 winners and 114 losers.   The average profit amount is 2.32 times the average loss amount.  The current portfolio contains 4 stocks, 1 is up and 3 are down.  I am also long and wrong calls in index ETFs.

The portfolio was down -0.85% today.

The Russell 2000 was down -1.02%. 

The score for the year in completed trades is 121 winners and 114 losers.   The average profit amount is 2.32 times the average loss amount.  The current portfolio contains 4 stocks, 1 is up and 3 are down.  I am also long and wrong calls in index ETFs.

The portfolio was down -0.85% today.

The Russell 2000 was down -1.02%. 

The score for the year in completed trades is 121 winners and 114 losers.   The average profit amount is 2.32 times the average loss amount.  The current portfolio contains 4 stocks, 1 is up and 3 are down.  I am also long and wrong calls in index ETFs.

The portfolio was down -0.85% today.

The Russell 2000 was down -1.02%. 

The score for the year in completed trades is 121 winners and 114 losers.   The average profit amount is 2.32 times the average loss amount.  The current portfolio contains 4 stocks, 1 is up and 3 are down.  I am also long and wrong calls in index ETFs.

The portfolio was down -0.85% today.

The Russell 2000 was down -1.02%. 

The score for the year in completed trades is 121 winners and 114 losers.   The average profit amount is 2.32 times the average loss amount.  The current portfolio contains 4 stocks, 1 is up and 3 are down.  I am also long and wrong calls in index ETFs.

The portfolio was down -0.85% today.

The Russell 2000 was down -1.02%. 

The score for the year in completed trades is 121 winners and 114 losers.   The average profit amount is 2.32 times the average loss amount.  The current portfolio contains 4 stocks, 1 is up and 3 are down.  I am also long and wrong calls in index ETFs.

The portfolio was down -0.85% today.

The Russell 2000 was down -1.02%. 

The score for the year in completed trades is 121 winners and 114 losers.   The average profit amount is 2.32 times the average loss amount.  The current portfolio contains 4 stocks, 1 is up and 3 are down.  I am also long and wrong calls in index ETFs.

The portfolio was down -0.85% today.

The Russell 2000 was down -1.02%. 

The score for the year in completed trades is 121 winners and 114 losers.   The average profit amount is 2.32 times the average loss amount.  The current portfolio contains 4 stocks, 1 is up and 3 are down.  I am also long and wrong calls in index ETFs.

The portfolio was down -0.85% today.

The Russell 2000 was down -1.02%. 

The score for the year in completed trades is 121 winners and 114 losers.   The average profit amount is 2.32 times the average loss amount.  The current portfolio contains 4 stocks, 1 is up and 3 are down.  I am also long and wrong calls in index ETFs.

The portfolio was down -0.85% today.

The Russell 2000 was down -1.02%. 

The score for the year in completed trades is 121 winners and 114 losers.   The average profit amount is 2.32 times the average loss amount.  The current portfolio contains 4 stocks, 1 is up and 3 are down.  I am also long and wrong calls in index ETFs.

The portfolio was down -0.85% today.

The Russell 2000 was down -1.02%. 

The score for the year in completed trades is 121 winners and 114 losers.   The average profit amount is 2.32 times the average loss amount.  The current portfolio contains 4 stocks, 1 is up and 3 are down.  I am also long and wrong calls in index ETFs.

The portfolio was down -0.85% today.

The Russell 2000 was down -1.02%. 

The score for the year in completed trades is 121 winners and 114 losers.   The average profit amount is 2.32 times the average loss amount.  The current portfolio contains 4 stocks, 1 is up and 3 are down.  I am also long and wrong calls in index ETFs.

The portfolio was down -0.85% today.

The Russell 2000 was down -1.02%. 

The score for the year in completed trades is 121 winners and 114 losers.   The average profit amount is 2.32 times the average loss amount.  The current portfolio contains 4 stocks, 1 is up and 3 are down.  I am also long and wrong calls in index ETFs.

The portfolio was down -0.85% today.

The Russell 2000 was down -1.02%. 

The score for the year in completed trades is 121 winners and 114 losers.   The average profit amount is 2.32 times the average loss amount.  The current portfolio contains 4 stocks, 1 is up and 3 are down.  I am also long and wrong calls in index ETFs.

The portfolio was down -0.85% today.

The Russell 2000 was down -1.02%. 

The score for the year in completed trades is 121 winners and 114 losers.   The average profit amount is 2.32 times the average loss amount.  The current portfolio contains 4 stocks, 1 is up and 3 are down.  I am also long and wrong calls in index ETFs.