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Mid Day update

SOLD

DO-(Diamond Offshore)@94.70 (1/2)
HAL-(Halliburton)@78.65 (1/2)
TS-(Tenaris)@208.10
NMKT-(New Market)@.66
CENX-(Century Alluminum)@48.01
KRY-@5.55 (1/2)


BOUGHT

CUP-( PERU COPPER)@2.31
FMD- (First Marblehead)@45.04
N-(Inco)@52.90
XSNX-@1.74
CSTR-@28.12
NOIZ-@21.49
CWTD-@1.43
XING-@8.99
CMED-@27.31
RAD-@3.92
 
Just came back into the condo for a little lunch....

I'm Loving this....1st I thought I was going to get crushed today...I am due for a sell off....Been checking some charts and I'm just loving the bounce on MGNU (+9%) today....Thats like a 15% two day move on one that was falling like a rock....

Gotta thank Cramer again for KRY it's up 27%

I have been mad I sold FIZ a couple of day's before he previewed it on his show...I still made 20%....So I'm not that mad..

I went to some speculative stocks (CWTD, XSNX---some old favorites) this morning and sold some giant's like HAL and TS....I won't be out of them for long...

TGB (Copper and Moly Play has been on a tear) up another 10% today

Apple (6.5%) doing it also again today and BID (Sotheby's Holding) is up a nice (6%)

Only 9 stocks lower than -3% -----UIC (-5.1%) RMIX (-5.2%) SHOE (-5.4%) worst three performers today, but I got small positions in these and about 35 up more than 3%....I think I can go back and continue to ski on this beautiful day....

GL and HF trading

$COSTAverageMAN
 

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Quote from $CostAverageMAN:

I....Also I always have a list of my favorite Mutual Fund and Stocks that they own and are reporting this week....(EASY MONEY).....


$COSTAverageMAN
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Not sure I understand this correctly - are you referring to your mutual funds which are reporting their quarterly holdings, or to the companies that are reporting their quarterly financial results ?

Why would this be easy money ? You do not have foresight what the holdings or the results will be ?

Thanks,
Oliver
 
Oliver

There is a certain Mutual fund company that I follow that is extremely good.....Every week I scan through who is reporting and if company A is reporting this week and one of the top holders of that company A is my Favorite mutual fund than I can usually (73%) of the time for that company to actually go up the day of the announcement.....For more than two years I have been compiling data on this fund and traking thier holdings....

My research has resulted in 73% of the time companies that they own go up the day they report.....But I can't tell you or anyone about the name of the FUND.....I have never owned this companies mutual fund

You are right I will not be able to tell if they sold thier position in the stock before the report, but I have come to learn that these guys are in companies for the long run so the most relevant data I have is Dec 2005 holding's the last time they had to report...

Excel will be ready shortly.

$COSTAverageMAN
 
Quote from $CostAverageMAN:

Oliver

There is a certain Mutual fund company that I follow that is extremely good.....Every week I scan through who is reporting and if company A is reporting this week and one of the top holders of that company A is my Favorite mutual fund than I can usually (73%) of the time for that company to actually go up the day of the announcement.....For more than two years I have been compiling data on this fund and traking thier holdings....

My research has resulted in 73% of the time companies that they own go up the day they report.....But I can't tell you or anyone about the name of the FUND.....I have never owned this companies mutual fund
$COSTAverageMAN
More...

This seems odd, unless they hold a lot of less popular stocks and they are just excellent stock pickers, otherwise I couldn't figure a reason for a correlation, especially since many times stocks run up ahead of earnings then sell-off on the news. By the way you can get much more timely holdings data on Bloomberg.
 
The positions they are in are not very popular at all..I would say a novice trader investor would probably know one out of every 30 positions they are in.....Actually I had alot of trouble placing the bets in 2005 when I was doing this almost every day during earnings season....I know I don't get it either, but they must really know how to pick them over there...Good researches and Fundamental folks running their funds....

Anyways to the Performance today.....

2006 Porrtfolio Performance-(62.66%)
Todays ADV-139
Todays DEC-117
Todays UNCH-2

59.8% International
30.8% Domestic
9.36% GOLD/SILVER/MINERS

Portfolio Increase (+0.61%)---Outperforming Daily

Today was one of those days where My heavily wieghted stocks performed quite well for a flat day and having almost 10% in miners and 9% in Petroleum surely helped....CUP and KRY helped nicely...Thanks CRAMER!!!

Nice little 8% move today was made with an Large Cap Australian CEMENT company RIN....

KRY (GOLD/ Miner) They recently got rights for a project to start in South America-----is up 50% since March 27 when I entered..

TGB (Copper/ Moly/ Miner) South American Mines is up 61% since March 8th....
Building Products have really been on performing well since the last week of Q1....EXP (Cement), AMN (Building), MLM (Cement)

$COSTAverageMAN
 

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grats on breaking 11MM

:thumbsup:

EDIT: I did have a question.. have you looked into if any of your holdings are correlated price movement wise, or how the correlation spread ends up between them, as a more accurate measure of diversification?
 
I have run portfolio optimization models through excel back in 2005, but unfortunately excel can only handle a 64 by 64 matrix...I need a better program for optimization....I believe correlation models would be quite helpful and I do know all about them and would be interested to know more about this new portfolio I have built for Q2 to see how it looks.

I am still on vacation and getting data on 250 stocks takes time....Would you recommend using 3 months, 6 months, 1 year, 2 year, or 5 year data....I would hate to do this multiple times...

$COSTAverageMAN
 
OOPs correction on EXCEL SHEET!!!!

Not a big deal just somewhere along the line a formula got out of place and portfolio value was 60,000 less than the market value of all equity + plus cash position......OH yea BTW I have not been accounting for dividends in my CASH account on EXCEL and they have been flooding in....TAXES are do and this vacation is getting up there..
 
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