Sunday, September 18, 2011

Rounding Up The Usual Suspects

No trades over the last couple of weeks.  

Apple, Intuitive Surgical, Precision Castparts, Deckers Outdoor, and Crocs have all continued to rebound quite nicely since mid-August, while CF Industries has cooled off just a little bit over the past couple of weeks.

Nothing on my radar screen, and none of the stocks that I'm still holding are trading anywhere near their stops... looks like another quiet week ahead.

- LONG the week of 3.30.09 at $115.99. My initial stop was $84.39, so the risk (R) on the trade was $31.60. Closed Friday at $400.50 with a $323.84 stop. My new stop for the coming week will be $328.70. The percentage gain on this trade is 245.3%, and the reward-to-risk ratio is $284.51/$31.60 = 9.00.

- LONG the week of 1.18.11 at $326.58. I used $259.28 for my stop, so the R was $67.30. Closed Friday at $390.54 with a $311.31 stop. The stop for the this week is $309.73. The percentage gain on this trade is 19.6%, and the reward-to-risk ratio is $63.96/$67.30 = 0.95.

Precision Castparts (PCP): 
- LONG the week of 9.13.10 at $126.68. My stop was $103.19, so I risked $23.49. Closed Friday at $171.49 with a $127.61 stop. The new stop for the upcoming week is $131.03. The percentage gain on this trade is 35.4%, and the reward-to-risk ratio is $44.81/$23.49 = 1.91.

- LONG the week of 8.2.10 at $84.21. With a stop at $62.02 the risk on the trade was $22.19. Closed the week at $175.15 with a $135.85 stop. My stop for this week moves up again to $138.26. The percentage gain on this trade is 108.0%, and the reward-to-risk ratio is $90.94/$22.19 = 4.10.

Wynn Resorts (WYNN): 
- LONG the week of 4.20.09 at $36.88. My stop was $15.28, so my R = $21.60. Closed the week at $152.12 with a $119.74 stop. The new stop will be $122.07. The percentage gain on this trade is 312.5%, and the reward-to-risk ratio is $115.24/$21.60 = 5.34.

Baidu (BIDU): 
- LONG the week of 3.23.09 at $18.32. I used $11.34 as my stop, so the risk was $6.98. Closed Friday at $146.95 with a $110.00 stop. My stop for this week moves up slightly to $113.02. The percentage gain on this trade is 702.1%, and the reward-to-risk ratio is $128.63/$6.98 = 18.43.

- LONG the week of 8.2.10 at $37.80. I used $29.08 for a stop, so the risk was $8.72. Closed last week at $56.08 with a $47.45 stop. The new stop for the coming week is $48.33. The percentage gain on this trade is 48.4%, and the reward-to-risk ratio is $18.28/$8.72 = 2.10.

- LONG the week of 6.8.09 at $23.80. Using $15.11 for my first stop, the risk was $8.69. Closed Friday at $100.71 with a $65.09 stop. My stop for the coming week will be more or less unchanged at $65.49. The percentage gain on this trade is 323.2%, and the reward-to-risk ratio is $76.91/$8.69 = 8.85.

- LONG the week of 5.4.09 at $2.52. My stop was $0.47, so I risked all of $2.05. Closed Friday at $28.28 with a $20.07 stop. The new stop drops a few pennies to $19.96. The percentage gain on this trade is 1,022.2%, and the reward-to-risk ratio is $25.76/$2.05 = 12.59.

Sunday, September 4, 2011

Holding Pattern

Friday notwithstanding, the last couple of weeks have actually been pretty kind to the few stocks I'm still holding. Intuitive Surgical rebounded nicely, and CF Industries was up around 24% for the month of August alone.

No changes/trades from my last post a couple of weeks ago:

- LONG the week of 3.30.09 at $115.99. My initial stop was $84.39, so the risk (R) on the trade was $31.60. Closed Friday at $374.05 with a $321.78 stop. My new stop for the coming week will be $323.32. The percentage gain on this trade is 222.5%, and the reward-to-risk ratio is $258.06/$31.60 = 8.17.

- LONG the week of 1.18.11 at $326.58. I used $259.28 for my stop, so the R was $67.30. Closed Friday at $370.63 with a $313.30 stop. The stop for next week is $312.67. The percentage gain on this trade is 13.5%, and the reward-to-risk ratio is $44.05/$67.30 = 0.65.

- LONG the week of 8.2.10 at $84.21. With a stop at $62.02 the risk on the trade was $22.19. Closed the week at $181.89 with a $132.35 stop. My stop for next week will be $133.53. The percentage gain on this trade is 116.0%, and the reward-to-risk ratio is $97.68/$22.19 = 4.40.

Precision Castparts (PCP): 
- LONG the week of 9.13.10 at $126.68. My stop was $103.19, so I risked $23.49. Closed Friday at $156.10 with a $128.35 stop. The new stop for the upcoming week is $127.90. The percentage gain on this trade is 23.2%, and the reward-to-risk ratio is $29.42/$23.49 = 1.25.

Wynn Resorts (WYNN): 
- LONG the week of 4.20.09 at $36.88. My stop was $15.28, so my R = $21.60. Closed the week at $147.90 with a $119.58 stop. The new stop will be $118.67. The percentage gain on this trade is 301.0%, and the reward-to-risk ratio is $111.02/$21.60 = 5.14.

Baidu (BIDU): 
- LONG the week of 3.23.09 at $18.32. I used $11.34 as my stop, so the risk was $6.98. Closed Friday at $140.45 with a $107.93 stop. The stop for this week moves up slightly to $109.21. The percentage gain on this trade is 667.0%, and the reward-to-risk ratio is $122.13/$6.98 = 17.50.

Potash Corporation (POT): 
- LONG the week of 8.2.10 at $37.80. I used $29.08 for a stop, so the risk was $8.72. Closed last week at $58.42 with a $46.41 stop. The new stop for next week is $47.16. The percentage gain on this trade is 54.6%, and the reward-to-risk ratio is $20.62/$8.72 = 2.36.

Crocs (CROX): 
- LONG the week of 5.4.09 at $2.52. My stop was $0.47, so I risked all of $2.05. Closed Friday at $25.40 with a $19.62 stop. The new stop holds relatively steady at $19.66. The percentage gain on this trade is 907.9%, and the reward-to-risk ratio is $22.88/$2.05 = 11.18.

Deckers Outdoor (DECK):
- LONG the week of 6.8.09 at $23.80. Using $15.11 for my first stop, the risk was $8.69. Closed yesterday at $85.90 with a $64.30 stop. The stop for this coming week is $65.86. The percentage gain on this trade is 260.9%, and the reward-to-risk ratio is $62.10/$8.69 = 7.15.