Track Profit & Loss
Track the performance of the TradeRadar trading portfolio. Some of these stock picks were made using the TradeRadar signal. Many of the ETF picks were made based on sector analysis. All picks have previously been posted on the Trade Radar blog. Here we can follow the outcome of each pick and assess the reliability of the TradeRadar signal or the TradeRadar analysis. Latest quotes are displayed in the ticker.
Explanation of column headings on Closed Positions tab:
- Symbol - symbol for stock or ETF
- Trade - indicates whether a Buy or Sell signal initiated the trade
- Date Rec - recommended date to initiate the trade based on TradeRadar signal
- Open Price - price on the recommended date based on TradeRadar signal
- Current Status - how the trade is playing out, updated weekly
- Close Price - price on the date TradeRadar recommendeded closing out the trade
- Profit & Loss - based on difference between Open Price and Close Price
Open Positions |
FXP hit a stop and was sold on Tuesday, 3/25/2008, at $102.01 for a gain of 18%
Details will be on the Closed Postions tab soon
Bought SKF again on Wednesday, 3/26/2008, at $107
SIJ hit a stop and was sold on Wednesday, 4/2/2008, at $57 for a loss of 17%
Details will be on the Closed Postions tab soon
Stopped out of SKF on Wednesday, 4/16/2008, at $111 for a 3.6% gain
Stopped out of SDS on Friday, 4/18/2008, at $57.67 for a 12.4% loss
Stopped out of REW on Friday, 4/18/2008, at $62.93 for a 9.8% loss
Closed Positions |
| Symbol | Trade | Date Rec | Position Open Price | Current Status | Position Close Price | Profit & Loss |
|---|---|---|---|---|---|---|
| 8X8 Inc. | ||||||
| EGHT | Buy | 8/18/2006 | $0.98 | Still well above the intial recommended purchase price but a clear Sell signal was given on 11/30/2006 | $1.64 | +67% |
| Tarragon Corp. | ||||||
| TARR | Buy | 11/17/2006 | $11.62 |
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TARR was gently trending upward since recommending it at the beginning of December; however, the first week of the new year saw a significant pullback in TARR though there was no company specific news. As of 1/5/2007, we were left with a 4.4% loss and a very weak sell signal. As of 1/12/2007: we had essentially no change in the situation as the price meanders along at around eleven and a half bucks. As of 1/20/2007: we have had some improvement with TARR closing the week at $11.67, a few cents above our recommended purchase price. As of 2/2/2007: TARR had regained some ground to $11.65 so we were up a few cents. Stock benefited from indications the housing market was firming. As of 2/9/2007: Interest rate jitters killed the stock in the middle of an excellent rally based on news the company had won three awards for its home designs and that it was reorganizing to focus on its two main areas of operation: homebuilding and commercial property construction and management. At a closing price of $11.63 this week, we are now up a penny. As of 2/16/2007: stock had a good week and closed at its highest price so far for 2007, $12.49, giving us a gain of 7.4%. As of 02/23/2007: stock had another good week on no news that I could find and closed at $12.77. We are now showing a gain of almost 10%. As of 3/2/2007: TARR managed to hold most of its recent gains and by finishing the week up at $12.84 delivers a gain of 10.5%. Not bad for a week when the overall market tanked. Latest update as of 3/9/2007: Finally giving in to the negative tone in the market and the concerns over sub-prime mortgages, TARR gave up its recent gains and then some. TARR finished the week at $11.17, off 14.4% from last Friday's closing price, handing us a loss of 3.9% and flashing a weak TradeRadar SELL signal. Playing with the filter settings convinced me the SELL signal was strong and the stock was sold Monday, 3/12/07 | $10.57 | -9% |
| PacificNet Inc. | ||||||
| PACT | Buy | 12/18/2006 | $5.23 |
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Good news (and contracts) driving reversal in trend. May have gotten a little ahead of itself again after this week's gains so a bit of profit taking appeared in the latter part of the week. Still trending upward. As of 1/20/2007: despite continued profit taking this past week, PACT closed at $6.58 and is still hanging in there with a quite respectable gain of over 25%. As of 2/2/2007: PACT, after a nice jump earlier in the week, began to drift lower, closing the week at $7.04 for a total gain of just under 35%. As of 2/9/2007: Not much news on PACT this week. Anouncement of a $5M private placement was enough to send it down a bit. At $6.73 our gain is now just under 29%. As of 2/16/2007: PACT announced that their CFO had resigned and the stock dropped 10% to $5.93. Thus far, there is no indication of financial improprieties and the hiring of an interim CFO was immediatlely announced. An extremely weak SELL signal was flashed by TradeRadar but, given the improving fundamentals of the company, my take is that we should ride this out. Our gain has now been reduced to 11.8% As of 2/23/2007: PACT regained some of the ground lost last week and managed to close at $6.17. Our gain has dwindled to only 18% but, having reported two new contracts this week, I still feel this one is worth holding on to. As of 3/2/2007: We have now dropped into negative territory with PacificNet (PACT) which, at $5.09, leaves us with a 2.7% loss. The TradeRadar signal is flashing a weak SELL on PACT and with the focus on the drop in Chinese stocks this past week, it is no surprise to see the stock pressured. Latest update as of 3/9/2007: We have dropped further into negative territory with PacificNet (PACT) which, at $4.95, leaves us with a 5.4% loss. The weak TradeRadar SELL signal first flashed on 2/12/2007 should have been heeded. With the stock at $6.42, we could have captured a 22% gain. Instead, the stock was sold at the close on 3/9/2007 | $4.95 | -5.4% |
| ProShares UltraShort QQQ | ||||||
| QID | Buy | 02/01/2007 | $52.68 |
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With many tech stocks reporting good earnings but providing dismal guidance for the coming year, the NASDAQ 100 has been unable to maintain its up-trend. TradeRadar flashed the SELL signal this week on QQQQ so we moved funds to QID in order to profit from the projected down-trend in QQQQ. As of 2/2/2007: with the Q perking up a bit on Friday it caused QID to drop to $52.52, giving us a loss of $0.16. Nevertheless, the TradeRadar SELL signal remains firmly in place. as of 2/9/2007: With the NASDAQ plunging on Friday QID got a boost late in the week and closed at $53.18. We are now showing a slight gain of almost 1% and the TradeRadar SELL signal remains steady. As of 2/16/207: QQQQ rallied this week though it did not hit a new high as some of the other averages did. As a result, QID went down and we are now facing a 3% loss. The TradeRadar SELL signal on QQQQ is becoming less clear but as discussed in the the Weekly Market Update on the TradeRadar blog, there is some justification for a bearish view of the NASDAQ. As of 2/23/2007: QQQQ rallied again this week and even hit a new 6-year high. QID closed the week down at $50.25 and we have now lost $2.43 per share or 4.6%. During this time period QQQQ gained 2.8% and this trading call to buy QID is looking like we may need to bail out. As of 3/2/2007: QID was up over 13% this week as the NASDAQ and the other indexes tumbled. With QID closing at $57 we are now up 8.2% since our initial recommendation. As of 3/9/2007: QID gave up some of its gains this week as the NASDAQ had a big recovery day on Tuesday and then meandered the rest of the week. QID closed at $55.45, up 5.3% since our initial recommendation. As of 3/16/2007: With the NASDAQ 100 dropping a few cents this week, QID gained a bit. At $59.92, we are now showing a gain of 8% since our recommendation went out. As of 3/23/2007: With the market moving up this past week, QID has taken a beating. Our gain has gone from 8.0% down to 0.2% on one week. Nevertheless, with QQQQ still in the TradeRadar SELL zone, we'll hang on a while longer. As of 3/30/2007: the NASDAQ 100 was down a bit this past week so we got a little recovery in QID which closed the week at $53.71. We have now swung back to a 2% gain. The QQQQ still looks weak and remains well within the TradeRadar SELL zone so we will continue to hold QID. As of 4/5/2007: The NASDAQ 100 was up nicely this past week so QID got slammed and closed the week down at $51.55. We swung from a 2% gain last week to a 2% loss this week. The QQQQ is looking stronger lately but is just barely peeking out of the TradeRadar SELL zone. With another earnings season coming up in a week or two and expectations being low, it would not surprise me to see QQQQ slide solidly back in the SELL zone soon. And so we will continue to hold QID a little longer to see how this plays out. As of 4/13/2007: The NASDAQ 100 was up again this past week so QID lost a bit more and closed the week down at $51.45. We are hanging in with a 2.3% loss. As painful as it is, we will continue to hold QID a little longer as a hedge against a poorly received earnings season. Latest update as of 4/20/2007: The NASDAQ 100 was up strongly this past week so QID got hit again and closed the week down under $50 at $49.95. I have finally thrown in the towel and sold it at the open on Friday at $49.89. We ended up with a 5.3% loss. The poorly received earnings season has not materialized and things are looking fairly positive for the market so I felt it was best to exit this trade before losses mounted any further. Of course, now I'm worried that the markets have reached the top of a trading range... | $49.89 | -5.3 |
| SanDisk Corp. | ||||||
| SNDK | Buy | 3/21/2007 | $43.38 |
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As of 3/23/2007: We've only had this on our recommended list since Wednesday night but it is already up 3.5%, closing the week at $44.88 As of 3/30/2007: SNDK had a tough week with rumors of weakness in flash memory cards sending the stock down. SNDK ended the week at $43.82 shaving our gain to a slim 1% As of 4/5/2007: SNDK came back a bit from last week's weakness and managed to close at $44.50. Our gain has increased from 1% to 2.6% and it remains solidly in the BUY zone. As of 4/13/2007: SNDK resumed its weak ways and fell from last week's $44.50 down to $43.35. I was surprised that it couldn't capitalize on the news it was in a partnership with Yahoo to produce a wireless MP3 player that would be integrated with Yahoo's music service. Our gain has been wiped out but it remains solidly in the TradeRadar BUY zone so we will continue to hold. As of 4/20/2007: SNDK continued its weak performance and fell from last week's $43.35 down to $42.53. Our earlier gain has turned to a 2% loss but it remains solidly in the TradeRadar BUY zone so we will continue to hold. As of 4/27/2007: SNDK moved up strongly this week only to falter after announcing very weak 1st quarter earnings. We still manage to hold a slim 1% gain. Goldman Sachs just raised their target to $53 based on expectations that royalty income will offset margin weakness. Dell has also announced they are offering flash hardrives as an option in their notepook PCs. I remain confident SNDK will provide benefits to the patient investor. As of 5/4/2007: SNDK showed some resilience the last couple of days of the week. Having delivered its poor earnings report the previous week we are glad to see the stock stabilize. All in all, it is hanging on within its trading range of the last six weeks. At $44.15, we can still take comfort in a 1.8% gain. As of 5/11/2007: SNDK continues a modest recovery after the drop that followed its earnings announcement a couple of weeks ago. At $44.87, we are hanging in with a 3.48% gain. There have been several interesting announcements this week of SNDK hooking up with other companies, Microsoft for example, with whom they will be using flash for portable computing environments. Stay tuned, this is a pretty cool idea. As of 5/18/2007: SNDK seems stuck in a bit of a trading range or channel but trending ever so slowly upward. This week it closed at $44.14, toward the lower end of the channel, reducing our gain to 1.8%. As of 5/25/2007: SNDK also got killed this week, falling to 41.97 after an analyst downgrade. Our modest gain now turns to a loss of 3.3%. The uptrend SNDK has been in has been violated and it now sits at the bottom of a horizontal channel. Any move down from here could throw into doubt what has looked like a longer-term reversal from a down-trend to an up-trend. As of 6/1/2007: SNDK looked like it was on the road to recovery but then drooped on Friday. Overall, SNDK managed to end the week at 42.54 and reducing our loss to just under 2%. The good news is that SNDK has at least stayed within its horizontal channel. Last week I was worrying that a move down would throw SNDK into a significant tailspin. For now, we seem to be safe. As of 6/8/2007: SNDK actually managed a gain this week. At $44.22 we are now back in the positive column with a 1.9% gain. News revolving around more uses for FLASH memory and a slowing in the decline of prices helped. As of 6/15/2007: SNDK moved up nicely this week and has managed to move up out of the horizontal channel I have been discussing these last few weeks. This is a very positive development that makes the chart look much stronger. SNDK closed at $46.40 and we now have a gain of 7% As of 6/22/2007: SNDK moved up again in a strong week for semiconductors and, despite getting hit hard on Friday, still finished the week with a gain. SNDK closed at $47.90 and we now have a gain of 10.4% As of 6/29/2007: SNDK moved up over a point to register another week of gains. SNDK closed at $48.94 and we now have a gain of 12.8% As of 7/6/2007: SNDK moved up this week on talk of potential firming of flash demand. It closed at $49.20 and bumps our gain to 13.4% As of 7/13/2007: More analysts predicted firming of FLASH memory prices this week and SNDK moved up smartly. It closed at $54.76 and bumps our gain to 26.2% As of 7/20/2007: This was a big week for SanDisk. They announced earnings that, though 71% weaker than the previous year's quarter, were still well ahead of analyst expectations. Several brokerages raised price targets to the $70 range. SNDK closed the week at $56.96 and increased our gain to 31.3% As of 7/27/2007: SanDisk has been so strong lately, it is no surprise to see it give up a couple of points as the markets sank this week. SNDK closed the week at $54.83 which reduced our gain to 26.4% Latest update as of 8/2/2007: Sold SanDisk when TradeRadar gave the SELL signal. Next day, SNDK comes out with positive news and the stock recovers but still finishes the week in the SELL zone. | $51.82 | +19.5% |
| Millicom International Cellular SA | ||||||
| MICC | Buy | 4/3/2007 | $79.30 |
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As of 4/3/2007: When asked to submit a stock pick for the CNBC Million Dollar Portfolio Contest I picked this stock that has the potential to benefit from the kind of accelerated growth often found in emerging markets. Though we have missed the reversal point by months, this stock is still deep in the TradeRadar BUY zone. As of 4/5/2007: MICC finished the week at $83.30 for a 5% gain. I usually try to pick cheaper stocks that are undergoing a reversal in trend but this stock is still deep in the TradeRadar BUY zone and movely up nicely. As of 4/13/2007: MICC tacked on a few more cents and finished the week at $83.73 for a 5.6% gain. As of 4/20/2007: MICC tacked on a few more cents and finished the week at $83.88 for a 5.8% gain. It looks like MICC's momentum is slowing. It had a couple of down days this week from which it managed to recover but it is clearly looking a little tired here. As of 4/27/2007: MICC added half a buck and, despite falling on Friday, it finished the week at $84.48 for a 5.8% gain. MICC announced blow-out earnings this week but it was widely anticipated so no dramatic moves ensued. That's OK; a nice steady increase in share price is fine with me. As of 5/4/2007: MICC spent the week digging out from a more than 3-point loss on Monday. MICC finished the week at $84.66, a few cents above last week's close. We stand at a 6.8% gain. As of 5/11/2007: MICC also had a lousy week, primarily do to weakness during Thursday's selloff. MICC finished the week at $82.97, more that a dollar below last week's close. We maintain a 4.6% gain. As of 5/18/2007: MICC had a strong week, closing at $85.84 and bringing our gain to 8.2% As of 5/25/2007: MICC really bounced around this week but managed to close at $85.67, down a bit from the previous week. Our gain is still 8.0% at the moment but MICC is starting to look range-bound. As of 6/1/2007: MICC is our star of the week. MICC closed at $92.67, up about $7 from the previous week. Our gain is now over 16%. The catalyst was that Standard & Poor's Ratings Services lifted its long-term corporate credit rating on MICC based on strong growth and improving operating performance. Last week I wrote that MICC was starting to look range-bound. Not any more. As of 6/8/2007: MICC took a beating after an exceptional performance the week before. MICC closed at $84.50 and our gain was reduced by 10%. We are now showing a modest 6.6% profit. As of 6/15/2007: MICC got back on track this week and closed at $92.57, not quite a new high but still a strong recovery from last week's drubbing. Our gain is bumped up to 16.7%. As of 6/22/2007: MICC was up and down this week and managed to close at $92.34, just slightly below last week's closing price. Our gain is hanging in at 16.2%. As of 6/29/2007: MICC was flat all week until drooping a bit on Friday when it closed at $91.64, again just slightly below the previous week's closing price. Our gain is hanging in at 15.6%. As of 7/6/2007: MICC had a big week, hitting a new 52-week high and closing at $96.98. Our gain now stands at 22.3%. As of 7/13/2007: MICC had another good week, hitting another new 52-week high and closing at $98.21. Our gain now stands at 23.8%. As of 7/20/2007: After establishing a 52-week high the previous week, MICC took a breather, closing at $95.19, down about three points on the week. Our gain is still a respectable 20%. Look for their earnings report on Tuesday, July 24. As of 7/26/2007: MICC reported earnings on Tuesday, July 24. The numbers were very strong but not quite what analysts expected. The stock opened with a gap down 10 points (!) and proceeded to end the day down another point. After losing another 3 points the next day, the TradeRadar SELL signal kicked in and the stock was sold the following day at $79.17 for a 0.2% loss. For more detail, read the post about the situation. Latest update as of 7/26/2007: MICC reported earnings on Tuesday, July 24. The numbers were very strong but not quite what analysts expected. The stock opened with a gap down 10 points (!) and proceeded to end the day down another point. After losing another 3 points the next day, the TradeRadar SELL signal kicked in and the stock was sold the following day at $79.17 for a 0.2% loss. For more detail, read the post about the situation. | $79.17 | -0.2% |
| ProShares Ultra QQQ | ||||||
| QLD | Buy | 4/20/2007 | $87.94 |
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As of 4/27/2007: Our latest pick is QLD. Once I gave up on QID because the market seemed to be clearly entering another leg up, it seemed only reasonable to put a few dollars in the opposite leveraged ETF and look to ride the wave of bullishness. So on 4/20/07 I bought QLD at the open for $87.94. It closed this week at $91.85 for a 4.4% gain. As of 5/4/2007: QLD managed a bit of a gain this week. I am a little disappointed here. The NASDAQ was up 1.8% on the week but QLD was up only 2.3%. This ETF is supposed to double the performance of the NASDAQ so we should have a seen a gain over 3%. Still, I suppose one shouldn't look a gift horse in the mouth. QLD finished the week at $92.07 yielding a total gain since we initiated the position of 4.7% Latest update as of 5/11/2007: The NASDAQ 100 was up slightly this past week but Thursday's meltdown was all I needed to act on my feeling the average was overbought. My experience with the ProShares UltraShort QQQ led me to believe that these Ultra ETFs are more speculative, best held for short periods of time and traded more actively than a stock or normal ETF. So I chose to act and sold the Ultra QQQ (QLD) and purchased the UltraShort QQQ (QID). Over the course of barely three weeks holding QLD we managed a gain of 2.7%. | $90.28 | +2.7% |
| Agnico-Eagle Mines Limited | ||||||
| AEMLW | Buy | 6/15/2007 | $17.68 |
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As of 6/15/2007: Agnico-Eagle Mines is another new entry into our portfolio. It was first written about on Thursday night, June 14 (read the post), and purchased at the open on Friday, June 15, at $17.68. Closing at $18.12, we have a quick 2.5% gain. This trade was executed strictly on the basis if the TradeRadar BUY signal. As of 6/22/2007: AEMLW doesn't trade very heavily but it does seem to experience swings of over three per cent on a daily basis. Closing at $17.78 this week, we are just hanging on to a gain of 0.6%. As of 6/29/2007: AEMLW seems to be closely following the performance of gold and the dollar. With gold recovering from a multi-month low and the dollar weakening again, AEMLW tacked on some gains. Closing at $17.78 this week, it showed a good recovery from real weakness earlier in the week. We are now showing a gain of 1.2%. As of 7/6/2007: AEMLW finally reacted to the company's exploration update regarding its Pinos Altos mine in Mexico. Management indicates the potential for significant increases to its current gold and silver inventory. The stock shot up to $21.99 and our gain went from 1% to over 24%. As of 7/13/2007: The dollar was weak and gold showed some strength this week. AEMLW moved up to $24.37 and our gain goes from 24% to over 37%. As of 7/20/2007: Same trend as last week: the dollar was weak and gold showed strength. AEMLW moved up about 2 points to $26.34 and our gain goes from 37% to 49%. As of 7/27/2007: AEMLW was quite weak, suffering from the twin effects of a falling stock market and falling gold prices. AEMLW lost close to 4 points to close at $22.50. Our gain has now gone from 37% to 49% and now back down to 27%. As of 8/3/2007: AEMLW was one of the few stocks that rose this week, managing to close at $24.11 and increasing our gain to 36.4% As of 8/10/2007: Flight to safety benefited gold and AEMLW was again one of the few stocks that rose this week, closing at $26.18 and increasing our gain to 48.1% Latest update as of 8/15/2007: Volatility in the markets claimed AEMLW as a victim this week. The stock seemed to be in free fall on Wednesday so I pulled the trigger and sold at $22.52, locking in a 27.4% gain | $22.52 | 27.4% |
| Health Care Property Investors | ||||||
| HCP | Buy | 7/10/2007 | $30.72 |
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As of 7/13/2007: Added HCP to the model portfolio the day after writing the post discussing health care REITs. By the end of the week, the stock was at $30.53 and we have a small loss of 0.6%. Still the trend appears to be up and the TradeRadar BUY signal remains in effect. As of 7/20/2007: In spite of interest rates falling below 5% this week, HCP still got tarnished by the news on sub-prime CDOs being downgraded, Bear Stearns funds being considered worthless and other real estate woes. By the end of the week, the stock was down to $29.27, about a buck and a half below our recommended price. Our loss now increases to a more significant 4.7%. Still, the TradeRadar BUY signal remains in effect. Latest update as of 7/27/2007: REITs were one of the weakest areas in a weak market this week. As a result, HCP has made one of the briefest appearances in the TradeRadar portfolio ever. The BUY signal was reversed after close of trading on Monday, 7/23. The stock was sold at the opening on Tuesday, 7/24 at $28.28, resulting in a loss of 7.9%. HCP went on to lose another two and half points by the end of the week and shows no sign of a bottom yet. For more detail, read the post from the TradeRadar blog. | $28.28 | -7.9% |
| Qualcomm Inc. | ||||||
| QCOM | Buy | 6/8/2007 | $42.18 |
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As of 6/8/2007: QCOM is a new entry into our portfolio. It was first written about on Thursday night, June 7 (read the post), and purchased at the open on Friday, June 8. The price spiked at the open and, at $42.18, we paid more than expected. Closing at $41.87, we are immediately handed a small 0.7% loss. As of 6/15/2007: QCOM had a quiet week in terms of news on its legal issues. There still appears to be some optimism that QCOM's problems will be resolved and the stock moved up modestly in what looks to be the beginning of a nice uptrend. Closing at $42.63, we now have a small 1.1% gain after one week. As of 6/22/2007: The big news in QCOM is that the ITC refused to stay their order banning imports of products containing chips involved in litigation with Broadcom. I expected QCOM to sell off strongly but the drop was reasonably mild and partially attributable to the decline in the overall market Closing at $42.99, slightly higher than the previous week, we now have a gain of 1.9%. As of 6/29/2007: Despite lack of an agreement with Broadcom in their ongoing patent infringement suit, QCOM managed to close at $43.39, once again slightly higher than the previous week. We now have a gain of 2.9%. As of 7/6/2007: Even though there is still no news of an agreement with Broadcom in sight, QCOM managed to move up a bit to close at $43.58. Our gain increases a little to 3.3%. As of 7/13/2007: Still no news of an agreement with Broadcom but QCOM rode the wave upward on Thursday and closed the week at $45.35. Our gain increases a bit more to 7.5% As of 7/20/2007: This was not a good week for Qualcomm. Verizon, a major customer, settled with Broadcom and is no longer participating in petitioning the US International Trade Commission to set aside the ruling that prevents importation of phones containing the QCOM chip that infringes on Broadcom's patents. QCOM dropped over two points and closed the week at $43. Our gain drops to only 1.9% As of 7/27/2007: Another bad week for Qualcomm as it drifted down toward its 200-day moving average. QCOM dropped over a point and closed the week at $41.67. Last week's small gain now flips to a loss of -1.2% As of 8/3/2007: Qualcomm was able to benefit from a good earnings report this week and that helped keep it from dropping any farther than it did, given the overall market downdraft. Still, QCOM lost a bit to close the week at $40.77, increasing our loss to 3.3% As of 8/10/2007: Qualcomm received nothing but bad news this week, all related to its legal battles. A judge doubled its financial penalties in one of the cases involving Broadcom. After battling Nokia in court for years, Nokia has decided to change its strategy regarding chip manufacturing, potentially reducing QCOM's stream of royalties. Finally, the White House failed to overturn the ITC's ban on imports of phones using chips that infringe on other Broadcom patents. QCOM lost nearly 3 points to close the week at $37.89, increasing our loss to 10.2% As of 8/17/2007: Qualcomm continued receiving bad news this week as Nokia weighed in with more legal action. The stock dropped a bit further to finish the week at $37.54. The chart looks horrible but I am still holding with the expectation that we'll get new management, the legal troubles will be put behind it and the positive long term story will begin to move the price higher. As of 8/24/2007: Qualcomm finally had a week without bad news so the stock moved up a bit to finish the week at $38.23. Our loss is reduced to 9.4% As of 8/31/2007: Qualcomm had another week without bad news and the stock also benefited from strength in the tech sector. QCOM finished the week at $39.89 and our loss is reduced to 5.4% Latest update as of 9/7/2007: Qualcomm lost $2 even this week, pulled down in the market swoon on Friday. QCOM finished the week at $37.89 and our loss increases to double digits. As of 9/21/2007: Qualcomm has had some better news on the legal front lately and a Cowen call saying handsets will be in short supply was seen as benefiting QCOM. Add to those items this week's rally and QCOM was set to move up for the second week in a row. QCOM finished the week at $40.83 and our loss is nearly eradicated. As of 9/28/2007: Qualcomm replaced their chief counsel by hiring a lawyer from Apple. The stock continued it's advance and finished the week at $42.26; we are now breaking even. As of 10/5/2007: Qualcomm made a bit more progress and finished the week at $43.36. We are now showing a little gain of 2.8%. I am setting the stop at $40.80, a little below its 200-day moving average. As of 10/12/2007: Legal news impacted Qualcomm again and the stock slid somewhat this week, closing down over a buck at $42.16 and effectively leaving us at break-even again. The stock seemed to find support this week at its 200-day moving average and that is a good sign. As a contrarian indicator, several analysts have come out against the stock recently. It often seems analysts make their Sell decisions when a stock has finally hit bottom. We shall see... Latest update as of 10/19/2007: Stopped out in Friday's downdraft. Sold at $40.80 | $40.80 | -3.3% |
| Starbucks | ||||||
| SBUX | Buy | 7/26/2007 | $27.67 |
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As of 7/27/2007: Posted about SBUX on 7/25 and bought at the open the next morning, just as the market began taking its plunge. As a result, SBUX dropped a bit to $26.926 for a 2.7% loss. As of 8/3/2007: SBUX announced decent earnings this week but its bounce up was short lived. Then the whole market plunged. As a result, SBUX dropped a bit more to $26.31 for a total loss of 4.9% As of 8/10/2007: SBUX bounced back this week to close at $28.04 and flipping us into the positive column with a total gain of 1.3% As of 8/17/2007: SBUX suffered with the rest of the market and closed the week at $26.70, again flipping us into the negative column, this time with a total loss of 3.5% As of 8/24/2007: SBUX benefited with the rest of the market and closed the week at $27.59, just about at our break-even point. As of 8/31/2007: SBUX has been meandering along with a slight downward trend since we recommended the stock. SBUX closed the week just a bit lower at $27.55, just under our break-even point. As of 9/7/2007: SBUX continues to meander along with a slight downward trend since we recommended the stock. This week it again closed the week just a bit lower at $27.16, extending our loss to 1.8%. As of 9/21/2007: SBUX continues to meander along with a slight upward trend now. Both the 20-day and 50-day moving averages are beginning to move up ever so slightly. This SBUX closed the week at $27.47, just a bit lower than it had the previous week despite the Fed-induced rally. As of 9/28/2007: SBUX received a downgrade this week and, as a result, took a dive. SBUX closed the week at $26.20. Just as we were about hitting the break even point, we are slammed with a 5.3% loss. Our take on the stock is that international growth will be the engine to drive SBUX stock price upward. We expected that would not be a short term initiative so we will continue to hold. As of 10/5/2007: After receiving a downgrade last week, SBUX regained a little and managed to close the week at $26.84. The stock seemed to find support in the past at about $26 so we will set a stop at that level. As of 10/12/2007: SBUX slid lower all week and closed down a half a buck at $26.34. The stock is on the way to the stop we set at $26. Also, I see that the TradeRadar software shows that SBUX has popped out of the BUY zone. With the 20-day moving average falling below the 50-day movng average, it looks we will be selling this stock any day now. Latest update as of 10/16/2007: Got stopped out of SBUX today and sold at $26. In retrospect,I think I set the stop a little too high. You should always allow a little room for the price to overshoot. In any cas, we are out and have incurred a 6% loss | $26.00 | -6.0% |
| China Automotive Systems | ||||||
| CAAS | Buy | 10/23/2007 | $8.3988 |
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As of 10/26/2007: Bought CAAS Tuesday of this week at $8.3988 a share. It gave a strong TradeRadar BUY signal a few weeks ago (read the post) so, though I felt I was a bit late getting into the stock, determined there was still a good upside potential. CAAS closed the the week at $8.11 and, rather than an upside, I am seeing a downside of 3.4%. I'm setting a stop at $7.25 Latest update as of 11/8/2007: CAAS was bought on the basis of a strong TradeRadar BUY signal and expectations of good next quarter. With the general market downdraft, the stock hit our stop was sold at $7.25. Ironically, the company did indeed report good earnings the next day but in a volatile market with a generally negative tone, the stock price only managed a modest gain. Our loss was an unfortunate 13%. | $7.25 | -13.7% |
| Cisco Systems | ||||||
| CSCO | Buy | 3/16/2007 | $25.79 |
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As of 3/16/2007: With one day under our belts, CSCO is up twenty cents, having been purchased at the opening at $25.79. As of 3/23/2007: Made a little more progress with Cisco closing at $26.19 this week for a gain of 1.6%. As of 3/30/2007: CSCO was down over a buck this week. At $25.34 it has now swung to a loss of 1.7% from our recommended price. Having bought based on market position and industry expectations rather than a TradeRadar BUY signal, I am worried to be facing a loss already. As of 4/5/2007: CSCO was up and closed the week at $26.06 so we are back in the black again with a 1% gain. As of 4/13/2007: CSCO was up again and closed the week at $26.68 for a 3.5% gain. Cisco's chart is looking pretty good here. As of 4/20/2007: CSCO was up again and closed the week at $26.99 for a 4.7% gain. Though CSCO didn't particpate fully in the market's rally this week, it is still looking pretty good here. As of 4/27/2007: No particular news on CSCO this week. They finished up a few cents at $27.03, yielding us a gain of 4.8% thus far. As of 5/4/2007: Still no particular news on CSCO this week but it keeps moving higher. They finished this week at $27.91, yielding us a gain of 8.2%. As of 5/11/2007: CSCO reported this week and the news was actually pretty good, featuring a 34% increase in earnings. Unfortunately, the guidance was not sufficiently positive and the stock was punished. CSCO finished this week at $26.63, reducing our gain to 3.3%. As of 5/18/2007: again no news on CSCO but they had a poor week, closing down at $26.21 and reducing our gain to only 1.6%. As of 5/25/2007: CSCO took a drubbing this week as tech gave up some recent gains. CSCO closed down at $25.52 and our gain swung to a loss 1% As of 6/1/2007: CSCO recovered a bit this week as the overall market showed gains. CSCO closed up at $26.86 and our gain is back up to 4%. As of 6/8/2007: CSCO dropped a bit to $26.48, reducing our gain to 2.7%. It's chart is certainly not looking too encouraging but my feeling is that this is a stock worth holding. As of 6/15/2007: CSCO moved up this week on no particular news to $27.39, increasing our gain to 6.2%. It's chart is even starting to perk up. As of 6/22/2007: CSCO got caught in the general downdraft this week and closed at $26.92, Our gain is now reduced to 4.4%. On a weekly basis the chart looks good; on a daily basis, we might be in for some weakness. As of 6/29/2007: CSCO managed to recover from the previous week's downturn and closed at $27.85 for an even 8% gain. As of 7/6/2007: CSCO continued to recover this week after some kind words from an industry analyst and closed at $28.47 for a 10.4% gain. As of 7/13/2007: CSCO was mentioned a couple of times this week as a good investment and benefited accordingly. It closed at $29.89, the highest its been in six years, and increasing our gain to a healthy 15.9% As of 7/20/2007: CSCO seems to have hit a brick wall and was not able to get above $30 all week in spite of numerous tries. On Friday, it finally backed off a bit, closing at $29.59 but only down $0.30 from the previous week and still close to its recent 52-week high. Our gain is still a healthy 14.7% As of 7/27/2007: CSCO seems to have weathered the storm in the markets this week. It finished down but not out, dropping to $28.97. Our gain is still a decent 12.3% as tech stocks and large cap growth stocks were discussed as the sectors to be in for the remainder of the year. CSCO fits the bill in both categories. As of 8/3/2007: CSCO hung in pretty well this week until it lost a couple percent on Friday. Still, it was one of the few stocks that actually had a gain over the previous week's price. Its strength is probably attibutable to the expectation of a good earnings report due soon. CSCO finished the week at $29.46 for a gain of 14.2% As of 8/10/2007: It was all about Cisco this week. With good earnings and good guidance, markets rallied on the back of this tech bellweather. CSCO finished the week up at $31.39, increasing our total gain to 21.7% As of 8/17/2007: Cisco got hit this week like the rest of the market. CSCO finished the week down at $29.99, decreasing our total gain to 16.3% As of 8/24/2007: Cisco moved up as the rest of the market firmed. CSCO finished the week at $30.73, increasing our total gain to 19.2% As of 8/31/2007: Cisco moved up strongly this week as the market rebounded. CSCO finished the week at a new 52-week high of $31.92, increasing our total gain to 23.8% As of 9/7/2007: Cisco wasn't hurt too badly by Friday's market plunge. CSCO finished the week at $31.52, reducing our total gain a bit to 22.2% As of 9/21/2007: Cisco benefited from this week's rally and finished the week at $32.30. Our total gain increases a bit to 25.2% As of 9/28/2007: Cisco and the NASDAQ rose this week. CSCO finished the week at $33.129, increasing our total gain to 28.5% As of 10/5/2007: Cisco didn't particpate in the market rally this week as some tech stocks with strong gains were pressured somewhat by downgrades of Intel and AMD. CSCO finished the week at $32.649. Our total gain now stands at 26.6%. We have entered a stop at $30.50 As of 10/12/2007: Cisco particpated in the tech stock rally earlier this week but, along with most other tech stocks, sold off strongly on Thursday. CSCO managed to finish the week with a small gain at $32.92. Our total gain now stands at 27.6%. We maintain our stop at $30.50 As of 10/19/2007: Cisco is working on a week and a half of poor performance now. CSCO fell with the rest of the market on Friday and finished the week at $31.50. Our total gain is reduced to 22.1%. There is danger as the stock has now broken below both the 20-day and 50-day moving averages. We maintain our stop at $30.50 As of 10/26/2007: Cisco seems to have ended its recent slide and began moving up this week, finishing at $31.90. Our total gain increases a bit to 23.7%. Our stop stays at $30.50 Latest update as of 11/8/2007: Cisco reported a great quarter but guidance was not enthusiastic about US sales. This sent the entire tech sector plummeting. Our stop was at $30.50 but the stock opened at $30.40. Our total gain on this trade ended at 17.9%. | $30.40 | +17.9% |
| ProShares Ultra Technology ETF | ||||||
| ROM | Buy | 9/26/2007 | $86.58 |
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As of 9/28/2007: We bought ROM this week because we feel tech is well positioned and XLK has reversed its TradeRadar SELL signal. This is our Pick 'o the Month for September and you can read the detail in our post from this Wednesday. As of 10/5/2007: ROM recovered and pushed to a new high this week. The ETF closed at $88.82 and we now have a gain of 2.6%. We are setting a stop at $81.71 As of 10/12/2007: ROM made another new high this week but was punished on Thursday as tech led the market down. The ETF recovered on Friday and closed at $90.73, bringing out total gain to 4.8%. We will leave our stop at $81.71 for now but could be tightening up if the market is strong again this week. As of 10/19/2007: Even tech stocks were down Friday and ROM took a big hit. The ETF closed at $87.50, nearly erasing our gain. We will leave our stop at $81.71 for now but could be tightening up if the market begins moving up again this week. As of 10/26/2007: It was an uneven week for tech stocks but ROM finished stongly. The ETF closed at $92.98, a new high. We will move our stop up a little to $85.50 Latest update as of 11/8/2007: The market in general and tech stocks in particular took a dive. We had moved our stop up from $85.50 to $88.50; however the market fell so fast we ended up with only $88.33 and a meager gain of only 2% | $88.33 | +2.0% |
| Rogers Corp. | ||||||
| ROG | Buy | 10/15/2007 | $47.18 |
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As of 10/26/2007: I haven't actually bought shares of Rogers Corp. but I thought I'd like to track it as part of the model portfolio. It gave a good TradeRadar BUY signal that I wrote about back on October 12 (read the post). Assuming it was purchased the next trading day at open, the purchase price would be $47.18. Based on this week's closing price of $49, ROG has gained 3.9% As of 11/9/2007: We continue to track Rogers Corp. on our watch list. ROG reported earnings in the prior week and the guidance indicated the next quarter would be flat. The stock took a hit and by the time this week was over it was sitting at $44.37. This amounts to a loss of 6%. It seems reasonable to set the stop at a point just below the 200-day moving average; we are choosing $43. Latest update as of 11/16/2007: We continued to track Rogers Corp. on our watch list. Since the last time we wrote about it, it followed the general market downward and is now trading below its 200-day moving average. Though it was only on our watch list, we identified a stop level at which price we would sell it. It hit that level this week so we will no longer keep an eye on this stock. It would have been sold for $43 for an 8.9% loss. | $43.00 | -8.9% |
| BigBand Networks | ||||||
| BBND | Buy | 3/16/2007 | $17.45 |
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As of 3/16/2007: BBND is a recent IPO and Friday was only its second day of trading. Opening at $17.45 and closing at $16.66, we immediately incur a 4.5% loss. Ah, the excitement of trading IPOs... As of 3/23/2007: BBND shot up this week but then faltered badly as the market failed to follow through on Wednesday's rally. BBND closed the week at $17.10, keeping us in losing territory to the tune of -2%. As of 3/30/2007: BBND recovered this week based on news of sales to Chinese cable operators and a Cramer reiteration to buy the stock. BBND closed the week at $18.01 so we're now up 3.2%. As of 4/5/2007: BBND was up half a buck to close the week at $18.51. We are now sitting on a 6% gain. As of 4/13/2007: BBND struggled this week and dropped from $18.51 to close the week at $17.89. Our gain has been reduced to 2.5%. As of 4/20/2007: BBND had another wild week. It zoomed up to over $20 on news it would merely be holding an earnings call in May. It dropped from there to close the week at $18.77, still up a bit from the previous week. Our gain has been increased to a respectable 7.6%. As of 4/27/2007: BBND had a good week and closed $20.44. I'm pretty happy here as our gain now stands at 17.1%. Next week they announce earnings. Wonder what will happen then? As of 5/4/2007: announced its first earnings as a public company this week. Expectations were high and BigBand merely met instead of exceeding. As a result, BBND got a haircut, falling from a high of $21.43 to close the week at $18.85. Oh well, we still have an 8% gain thus far and the company's prospects remain good. As of 5/11/2007: BBND had an awful week dropping from $18.85 to $17.47. Our gain has been reduced to a miserable two cents a share or about 0.1%. As I have said before, the company has good prospects and it's worth holding through what could be a rocky period. As of 5/18/2007: BBND recovered somewhat after the previous week's drubbing. BBND finished at $18.42 to get us back up to a 5.6% gain. As of 5/25/2007: BBND got slammed this week, falling a buck to $17.41 and handing us a fractional loss. There was no negative news and it looks like it suffered as a result of a rotation out of tech. Yet another clue that the NASDAQ is in trouble. As of 6/1/2007: BBND continued its weakness this week, falling further to $16.75. We are now down 4%. There was no negative news. We continue to hold based on expectations. As of 6/8/2007: BBND again continued its weakness, dropping to $16.04. One our best picks is now reduced to an 8% loss. As a recent IPO, I can accept some volatility and continue to believe in the company's future. As of 6/15/2007: BBND is stuck in a downtrend and even a week that ended very strongly for the market as a whole couldn't get BBND moving. BigBand finished the week at $15.49 bringing our loss to 11.2%. As a recent IPO, I can accept some volatility and continue to believe in the company's future; indeed, more contracts were announced this week and they continue to move forward on their business plan. As of 6/22/2007: BBND started to recover this week and and then got badly pummeled in Friday's market slide, losing a whole point in that one day. In spite of press releases describing advances in their technology, BBND finished the week at $15.81. Our loss now stands at 9.1% which is at least better than last week. As of 6/29/2007: BBND plunged over two points this week to close at $13.11 with no particular news to account for the down draft. Our loss has jumped to 24.9%, the worst performance of any stock currently in our portfolio. As of 7/6/2007: BBND managed to pick up a few cents to close at $13.43. Our loss is a still sizeable 23%. As earnings season approaches, I am looking for a bump as management expects the current quarter to be profitable. As of 7/13/2007: BBND jumped 4% this week as Merrill Lynch came out with positive comments. Then the stock went into a holding pattern. Nevertheless, BBND finished at $14.13 to reduce our loss to 19% As of 7/20/2007: BBND managed to build on last week's gains and finished the week up over a dollar at $15.44 to reduce our loss to 11.4%. Having peaked in early May and now bouncing off its lows, BBND is actually displaying a modest-strength TradeRadar BUY signal. We will definitely continue to hold the stock. As of 7/27/2007: BBND saw two weeks of progress wiped out as the stock lost almost 2 points this week. Small caps were particulary weak and BBND suffered accordingly. The stock closed the week at $13.53 and nearly doubled our loss to a painful 22.5%. Earnings are coming this week but against the current market backdrop, we may not get much of a bounce if the numbers are good. If the numbers are bad, well, I shudder to think... As of 8/3/2007: BBND announced earnings this week and they were not to the market's liking. Expenses were up and guidance was down slightly. The stock lost over 25% in a single day. BBND finished the week down at $10.10, a new low. As of 8/10/2007: BBND tried to bounce back this week but got hit in Thursday's downturn. BBND finished the week down at $9.99, another new low. As of 8/17/2007: BBND lost nearly another buck, finishing the week down at $9.00, another new low. As of 8/24/2007: BBND firmed a bit this week and added over a buck, finishing the week at $10.05. As of 8/31/2007: BBND added half a buck this week as it struggles to revcover from the recent sell-off. BBND finished the week at $10.10 and we're still deep in the red. As of 9/7/2007: BBND lost eleven cents this week to finish at $9.99. As of 9/21/2007: Despite the powerful rally this week, BBND couldn't hold intraday gains. Still, it managed to gain a few cents this week to finish at $9.16. As of 9/28/2007: BBND slashed third quarter expectations and paid the price. The stock finished at $6.40. Blindsided by this announcement, our loss jumps to 63.3%. Not much to do now but tough it out. As of 10/5/2007: BBND languishes near its lows and finished the week at $6.38. It's not even worth putting a stop order in now. As of 10/12/2007: BBND couldn't get anything going and closed a bit lower this week, at $6.27. At least it wasn't a new all-time low. As of 10/19/2007: Just when you think it won't go any lower, BBND makes a new all-time low. It closed the week at $5.61 As of 10/26/2007: BBND didn't make any new all-time lows this week. As a matter of fact, it closed the week by moving up nicely to $6.13. Let's hope this is the start of a trend. As of 11/9/2007: Having already been beaten down, BBND didn't react much to this week's tech downdraft. It closed the week at $5.91. Latest update as of 11/19/2007: With the stock going nowhere and a large loss already incurred, I decided to engage in some tax selling and unload BBND. We sold the stock at $5.92. | $5.92 | -66.1% |
| ProShares UltraShort Financial ETF | ||||||
| SKF | Buy | 11/7/2007 | $93.46 |
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As of 11/9/2007: When I thought the news in the financial sector couldn't get much worse, we had a morning early this week when that made me think financials were about to take another leg down. As a result, I determined maybe it wasn't too late to short the financials via SKF. This post describes my thinking in deciding to jump on this ETF after financials had already lost about 18% from their highs. As of 11/23/2007: The news just keeps getting worse for financials. This week Goldman downgraded Citi to sell and financials took another dive. SKF moved up to $103.98 for an 11.3% gain. Latest update as of 11/28/2007: It was only on November 7 when we opened a position in SKF. This ETF followed its usual volatile path and managed to sneak above $110. I had set a stop at $100 and on November 28, when the market opened big, SKF opened with a gap down and was sold immediately at $99.79 for a 6.8% gain. | $99.79 | +6.8% |
| ProShares UltraShort QQQ | ||||||
| QID | Buy | 5/10/2007 | $48.39 |
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As of 5/10/2007: Bought in the middle of the day Thursday while the market was falling. Position was entered at $48.39. Finished the day with a 0.4% gain. As of 5/11/2007: The market bounced up again Friday and recovered much of what was lost on Thursday. This threw our holding in QID from the plus column to the negative. Nevertheless, the charts indicate that we could be in for a bit of short-term weakness so we'll continue to watch and wait. Note that the NASDAQ Friday top is clearly lower than the previous high and the last six trading days have not moved the average significantly. As of 5/18/2007: QID bounced around a bit this week but finished up 30 cents at $47.56. We are still down 1.7% from where we initiated the position the previous week. QQQQ still doesn't look especially healthy so I am content to wait this out for a while. As of 5/25/2007: QID bounced around some more this week but finished up at $48.15. We are down about 0.5% now. Looking out a week or two, QQQQ still looks vulnerable so we continue to hold. As of 6/1/2007: QID dropped to $46.29. We are down 4.3% now. My struggle here is that we have QID in the portfolio because I was aggressive in my interpretation of the TradeRadar SELL signal. Now that the SELL signal has proven to be wrong, do we keep it as a hedge? It is clear the markets are running ahead of the fundamentals, there are fewer and fewer new highs and it seems that at some point M&A fever has got to diminish and let the market take a breather. As of 6/8/2007: QID advanced this week as the NASDAQ fell, closing at $47.40 though we are still facing a loss of 2%. As the new week unfolds, we'll see if there is more weakness in store for the NASDAQ or whether the bounce will continue. I am leaning toward an expectation of more weakness and so maintain the position in QID. As of 6/15/2007: QID got hammered this week as the NASDAQ rose strongly. Closing at $45.69, our loss has increased to 5.6%. I seem to be continually faked out by weakness in the NASDAQ which then comes roaring back and hands me another loss in QID. Do I throw in the towel on QID or keep it as a hedge? If I sell QID, do I automatically buy QLD? I'll put off the decision and see what happens Monday. As of 6/22/2007: This is a week I was thankful to have QID in the portfolio. Closing at $46.55, our loss has been whittled down to 3.8%. QQQQ had a down week in spite of strength in some technology names. QID provided protection as some of the other tech stocks in our portfolio dropped. As of 6/29/2007: We just can't seem to get QID into positive territory. Closing at $45.61, our loss has again widened and now stands at 5.7%. QQQQ refused to succumb to profit taking earlier in the week and by week's end had bounced back and added a bit, too. As of 7/6/2007: Another good week for QQQQ which racked up a gain every day. QID, on the other hand, moved down to $43.51, increasing our loss to 10.1%. As of 7/13/2007: QQQQ hit a new high this week and QID hit a new low, dropping to $43.51 and increasing our loss to 13.6%. I'll hang on to QID a bit longer as this week could be very volatile with all the data being reported and various market-moving stocks reporting earnings. Even though this is a small piece of the portfolio it just seems like this is not the time to be short. As of 7/20/2007: QQQQ moved in fits and starts this week and finished down about 0.7%. QID hit another new intraday low on Thursday and closed the week at $41.61, down slightly from the previous week and increasing our loss to 14%. I am ready to throw in the towel and look for a good selling point the next time QQQQ pulls back a bit. As of 7/27/2007: Of all the indexes that got hammered this week, the NASDAQ held up the best. Still, QQQQQ finished down and QID moved up a few points to close the week at $45.23, reducing our loss to 6.5%. Looks like I will hold for a while longer. As of 8/3/2007: Averages plunged again this week, and again the NASDAQ held up the best. QID at least moved up another point or so to close the week at $46.55, reducing our loss to 3.8%. With the market looking spooked, I have no qualms about holding for a while longer. As of 8/10/2007: Markets were volatile again this week, and again the NASDAQ held up decently. QID moved up a few cents to close the week at $46.67, reducing our loss to 3.6%. Charts look even worse now so I will continue holding for a while longer. As of 8/17/2007: Markets were volatile again this week and, in spite of impressive rallies late Thursday and on Friday, The NASDAQ closed the week with a loss. QID moved up to close the week at $48.50 so we are essentially at the break-even point. As of 8/24/2007: Markets moved up this week and the NASDAQ closed the week with a strong gain of 2.9%. This hit QID hard and it closed down at $44.70 so we are back in the red. As of 8/31/2007: Markets smapped back Thursday and Friday this week and the NASDAQ was the leader and the only average to close the week with a gain. This sent QID down again and it closed at $43.50 and we are further into the red. As of 9/7/2007: Friday the markets plunged which was good for QID but not good enough to get us out of the red. QID closed at $44.55 and our loss stands at 7.9%. The NASDAQ continues to outperform the other major indexes though it looks like a few cracks might be developing. As of 9/21/2007: The Fed's rate cuts this week killed QID and welost all the gains of the previous weeks. QID closed at $40.94 and our total loss increases to 15.4%. The NASDAQ looks like it has popped out of the TradeRadar SELL zone so we need to decide if we continue to keep this position as a hedge or whether we liquidate and jump into QLD. As of 9/28/2007: The NASDAQ posted a decent gain this week and QID hit a new low. QID closed at $38.75 and our total loss increases to 19.9%. As of 10/5/2007: The NASDAQ hit another new high this week and QID hit a new low. QID closed at $36.81 and our total loss increases to 23.9%. This is already below the level of any stop I would have liked to set so we will keep half the position as a hedge and sell the rest. As of 10/12/2007: Same as last week, the NASDAQ hit another new high and QID hit another new low. QID closed the week at $35.78 and our total loss increases to 26.1%. As of 10/19/2007: With markets plunging on Friday, the short positions in our portfolio benefited. QID closed the week at $37.40 and our total loss decreased to 22.7%. As of 10/26/2007: The QQQQ was fairly strong this week and QID weakened, closing at $35.26. Our total loss increased to 27.1%. As of 11/9/2007: It was a good week to be invested in QID. After Cisco's less than stellar guidance, the QQQQ plunged this week and QID moved up smartly, closing at $40.82. Still, having moved into QID too early, we are still showing a loss on this trade. As of 11/23/2007: The decline in QQQQ has slowed and QID seems to be forming a consolidation pattern on its chart, a rectangle or an ascending triangle. QID closed the week at $40.82. Still, having moved into QID too early, we are still showing a loss on this trade. Happily, the loss is narrower since we added to the position at $38.58. Now, with the combination of shares bought in May and the shares bought 11/8/07, the total loss has narrowed to only about 6%. Latest update as of 11/28/2007: Previously we cut this position in half but recently we added a few more shares at $38.58 as the NASDAQ was heading down. I set a stop of $38.50 that would at least protect the capital of the new shares. The original shares were purchased at $48.39. During the last two weeks the ETF moved into the mid-$40's. Then the NASDAQ rallied on November 28 and QID opened with a gap down. The entire position was sold at $38.48. The loss on this last batch of shares was 11.5% | $38.48 | -11.5% |
| ProShares Ultra Short Real Estate ETF | ||||||
| SRS | Buy | 5/18/2007 | $86.28 |
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As of 7/27/2007: As I admitted in a post about using inverse ETFs I had bought SRS in mid-May, just as IYR, the REIT ETF, fell out of a trading range. As of 8/3/2007: It looked earlier in the week that REITs were again trying to establish a bottom. Friday brought real estate down hard and SRS added over six points to finish the week at $112. Our total gain is now 29.8% As of 8/10/2007: As markets gyrated, REITs seemed to hang tough and enough move up a bit. As a result, SRS moved down and closed the week at a disappointing $102.81. Our total gain is now reduced to 19.2% As of 8/17/2007: Markets gyrated again this week but REITs were unable to close higher. As a result, SRS moved up and closed the week well off its highs but still gaining a few percent to close at $104.51. Our total gain has now increased to 21.1% As of 8/24/2007: REITs were somehow able to close higher this week. As a result, SRS moved down again and closed the week at $99.10. Our total gain has now gone down to only 14.9% As of 9/7/2007: REITs had a bad week and SRS moved up smartly, tacking on about 5%. SRS closed the week at $102.55 and our total gain increase to 18.9% As of 9/21/2007: With the Fed cutting rates, REITs had a great week and SRS moved down dramatically, losing over 10%. SRS closed the week at $90.95 and our total gain is reduced to 5.4% Nevertheless, I don't believe the outlook for real estate has been fixed overnight so I will hold on to this position. As of 9/28/2007: REITs did some backing and filling thisweek and SRS moved down just a little. SRS closed the week at $89.11 and our total gain is reduced a bit more to 3.3% As of 10/5/2007: I can't believe that REITs are rallying so strongly. SRS closed the week off almost 10 points at $79.34 and what was a gain turns into a loss of 8%. We are setting a stop at $74 As of 10/12/2007: REITs, as represented by the ETF IYR, seem to be slowing their advance and drooping a bit as they approach the 200-day moving average. This allowed SRS to pick up a little and it closed the week at $82.80, reducing our loss to 4%. We will leave our stop at $74 as I believe things could still be volatile for a while. As of 10/19/2007: REITs, as represented by the ETF IYR, approached the 200-day moving average and have been rapidly sliding downward. SRS has accordingly moved up smartly and finished the week at $95.59, flipping us from a loss to a gain of 10%. We will move our stop up to $85. As of 10/26/2007: REITs, as represented by the ETF IYR, had a pretty good week. As a result, SRS moved down and finished the week at $90.55, reducing our gain to 4.9%. Our stop stays at $85. As of 11/9/2007: REITs, as represented by the ETF IYR, took another turn for the worse this week. As a result, SRS started moving up again and finished the week at $105.00, increasing our gain to 21.7%. Our stop moves up to $95. As of 11/23/2007: The chart for REITs, as represented by the ETF IYR, continues to look unrelentingly bad. Accordingly, SRS moved up again and finished the week at $111.20, increasing our gain to 28.9%. Our stop moves up to $95. Latest update as of 11/29/2007: We have held this ETF for quite a while now, having opened the position back in May. We didn't start using a stop until recently so we have weathered quite a few ups and downs. Recently, we had our stop set at $95 but when the ETF started getting up around $120 I moved the stop up to $105. On November 30, markets rallied strongly and SRS opened with a good sized gap down and the stop was hit immediately on the open. SRS was sold for $100.50 for a 16.5% gain. | $100.50 | +16.5% |
| SanDisk | ||||||
| SNDK | Buy | 11/14/2007 | $38.25 |
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As of 11/23/2007: Bought SanDisk again. There were no TradeRadar signals. Saw it had hit a low from which it has rebounded in the prior two years and read that the SIA expected sales of flash memory to grow 20% next year. (Read the post providing a bit of detail). Closing the week at $36.11, it looks like I'm too early on the bullish call on this stock. In case I am way off base, I have set a stop at $32. This should give the stock some room to move if there is further downside before it recovers. As of 12/7/2007: SanDisk seems to bouncing off an over-sold low and had an extremely good day on Thursday on rumors Apple will be offering a MacBook using NAND instead of a hard drive. Friday, SanDisk lost some of the gains but it remains a bit above our purchase price, closing the week at $38.65. Dare I say it: there may be an inverted head-and-shoulders forming on the daily chart. This would be bullish indeed. As of 12/21/2007: SanDisk was making nice progress until more pricing pressures were reported for NAND flash memory as Micron announced poor results once again. As a result, SanDisk fell in sympathy with Micron and on fears that pricing could impact what has been shaping up to be a good end-of-year quarter. Friday, SanDisk closed the week at $35.67. It has lost all the momentum it had gained in late November and early December. We have now swung to a loss of 6.7% As of 12/28/2007: SanDisk spent the week making new lows; the recent bounce has evaporated. Earnings won't be reported until later in January and the stock could drift lower until then. Much will depend on the results of the Christmas selling season. Hopefully, we can hold on until then. Friday, SanDisk closed the week at $33.54. Our loss has increased to 12.3%. Our stop remains set at $32 Latest update as of 1/4/2008: The entire semiconductor sector was downgraded by a major brokerage this week. SanDisk continued its downward trend which accelerated during the market rout on Friday. With our stop set at $32 we were sold out of the stock at $31.65. I had hoped that 4th quarter earnings would come in strong and we would get a rise out of the stock but we were not able to hold on long enough. SanDisk ended the week at $30.42, well below our stop. | $31.65 | -17.3% |
| Generex Biotechnology Corp. | ||||||
| GNBT | Buy | 8/24/2006 | $1.69 |
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We have seen the stock droop but never really received a strong sell signal. In retrospect, it appears that the weak sell signal should have been heeded. If we had used the weak sell signal on 10/17/2006 at $2.17 we would be sitting on 28% profit. As of 1/20/2007: just barely holding onto a gain this week with GNBT closing at $1.76 to yield a 4% profit. As of 2/2/2007: Stock dropped a penny from last week to $1.75. Company announced it is participating in a breast cancer trial with the US Military Cancer Institute so the stock showed some activity this week but did not move significantly. As of 2/9/2007: stock is up to $1.84, now showing a gain of almost 9%. Appears to be responding positively to renewed concern over bird flu and receipt of an award for its oral insulin delivery system. As of 2/16/2007: stock was down a few cents from previous week and in general was exhibiting a weak chart. Nevertheless, still showed a very slight gain in the stock. As of 2/23/2007: Having received a Buy recommendation, GNBT closed the week at $1.90, yielding a gain of 12%. As of 3/2/2007: GNBT got knocked down with the rest of the market and closed the week at $1.72, leaving us with a paltry gain of 1.8%. As of 3/9/2007: GNBT lost a penny and closed the week at $1.71, leaving us with an even more paltry gain 1.1%. As of 3/16/2007 We continue to hold Generex even though it is going nowhere. It lost six cents this week to close at $1.65. We are now showing a slight loss of 2.4%. TradeRadar is flashing a weak SELL signal and we may be dumping this one during the coming week. As of 3/23/2007 Generex managed to close up a few cents at $1.68 to leave us exactly one cent below the price at which we recommended it. As of 3/30/2007 Generex managed to close up a few cents more this week at $1.71 so a big two cents above the price at which we recommended it. The product pipeline seems strong and the chart is essentially flat so we continue to hold. As of 4/5/2007 Generex closed at exactly the same price at which it was recommended. And so we continue to hold. As of 4/13/2007 Generex is pretty much doing nothing so we continue to hold. This week it drooped a few cents to $1.66 for a 1.8% loss. As of 4/20/2007 Generex had a bad week in spite of announcing that patents were granted in Canada and Mexico. GNBT lost a nickel and now stands at $1.61, leaving us with a loss of 4.7%. I continue to hold reluctantly. As of 4/27/2007 Generex was up only a penny this week despite announcing a deal to distribute its oral insulin spray in the Middle East. It now stands at $1.62, leaving us with a loss of 4.1%. I grumble and continue to hold. As of 5/4/2007 GNBT has continued it downward trajectory on absolutely no negative news. It closed this week at $1.54, down eight cents from last weeks $1.62. We now have an 8.9% loss. As of 5/11/2007 GNBT had a terrible week and yet we have continued to hold. This week it dropped further to close at $1.43 for a total 15.4% loss. There has been absolutely no negative news I can find to account for the weakness and with the breast cancer trials going on in China, I had expected the stock to get a little boost. As of 5/18/2007 GNBT was up a nickel this week on news of patent being a patent being awarded in Lebanon. Chart is still looking horrible and we are down 12%. As of 5/25/2007 GNBT was up a two cents this week on no news to speak of. Chart is still looking horrible and we are down 11.2%. As of 6/1/2007 GNBT was down six cents this week on, as usual, no news to speak of. We are down 17% and I only continue to hold because I have so little actual cash invested in GNBT that I can afford to wait. As of 6/8/2007 GNBT was down another nine cents on no news. Even though I only have a couple of hundred dollars invested, the 22% loss thus far makes me want to dump GNBT rather than wait for some of its pipeline products to finally give the stock a boost. As of 6/15/2007 GNBT skyrocketed this week based on an analyst upgrade from Rodman & Renshaw. They see the stock at $6 in another year based on expectations that Generex's oral insulin candidate could bring in more than $600 million in sales in its first three years. The stock closed at $1.83 to get us back in the plus column with an 8.3 gain. As of 6/22/2007 GNBT started the week with profit taking but on Friday they presented three papers at the American Diabetes Association 67th Scientific Sessions. The papers described positive results of three studies and investors piled into the stock again, raising GNBT 9% in that one day. The stock did loose a few cents over the course of the week and closed at $1.80, keeping us in the plus column with an 6.5% gain. As of 6/29/2007 GNBT initially rose based on successful presentations at a diabetes convention and initiation of Phase III trials for the Generex Oral-lyn product but finally lost a few more cents over the course of the week and closed at $1.77, at least keeping us in the plus column with a 4.7% gain. As of 7/6/2007 GNBT succumbed to a few cents of profit taking but by the end of the week it had closed where it started, at $1.77, for a flat week that maintained our 4.7% gain. As of 7/13/2007 GNBT lost a penny to close at $1.76 for the week. That shaves our gain to 4.1% as investors seem unwilling to bid the stock up any further until some of the potential good news on their pipeline products come to fruition. If the stock drops below $1.70, we could revisit recent lows. As of 7/20/2007 GNBT lost a nickel to close at $1.71 for the week. It seems to be on a very slow downward trend. Our gain is now reduced to only 1.2% As of 7/27/2007 GNBT lost a $0.14 this week to close at $1.57 for one of its worst weeks in a long time. With no bad news, it just got caught in the market downdraft. Our gain flips to a loss of 7.1% As of 8/3/2007 GNBT lost another $0.09 this week to close at $1.48, pulled down by the overall market and the move away from small caps. Our loss increases to 12.4% As of 8/10/2007 GNBT actually gained $0.08 this week to close at $1.56 on no news I could find. Our total loss decreases to 7.7% As of 8/17/2007 GNBT got killed on Thursday only to rise again on Friday. Still it closed the week down at $1.51 Our total loss increases to 10.7% As of 8/24/2007 No change since last week. GNBT ended up at $1.51 and our total loss remains at 10.7% As of 8/31/2007 No news but GNBT ended up at $1.48, pulled down by the general market malaise and our total loss goes to 12.4% As of 9/7/2007 Despite the market turmoil GNBT actually two cents this week. It ended at $1.50, bringing our total loss to 11.2% As of 9/21/2007 GNBT was somewhat volatile this week on no news that I could find. It ended at $1.5299, bringing our total loss to 9.5% As of 9/28/2007 Once again, GNBT was volatile this week on no news. Each time it rose a few cents, it would weaken. GNBT ended at $1.51, bringing our total loss to 10.7% As of 10/5/2007GNBT again lost a couiple of cents and ended at $1.49, bringing our total loss to 11.8%. There doesn't seem to be much support below this level so we will enter a stop at $1.34 as I am willing to accept a 20% loss in this small investment should the stock begin to fall sharply. As of 10/12/2007No news but GNBT had a good week, closing at $1.57 and narrowing our loss to 7.1%. The stock is now above both the 20-day and 50-day moving averages. Unfortunately, on Thursday it came up against its 200-day moving average and failed to break out. Still, price action this week was encouraging and it is beginning to look like a gentle up-trend is forming. As of 10/19/2007 No major product news but GNBT had a good week after releasing financials that showed a much smaller loss compared to the previous fiscal year. Unfortunately, a rally in the stock got cut short by the big Friday selloff and GNBT managed to close the week only two cents higher than the prior week. Closing at $1.59, our loss is narrowed to 5.9%. The stock is still above both the 20-day and 50-day moving averages. I remain hopeful. As of 10/26/2007 No news but this week GNBT got wacked. Dropping to $1.52, our loss is back up to 10.1%. The stock is right at both the 20-day and 50-day moving averages and seems to have failed to penetrate the 200-day MA level. I remain less hopeful. As of 11/9/2007 Since the last time I wrote about GNBT the stock price spiked up to an intraday high of $1.93 on news that its OraLyn product had been licensed for commercial use in India. Since then, GNBT has drop back to $1.5999 leaving us with a total loss of 5.3%. The stock remains right at both the 20-day and 50-day moving averages and, after solidly penetrating the 200-day MA level it has drifted back below the 200-day MA again. As of 11/23/2007 We have been briefly profitable on this trade for a day or two during the last few weeks. This week an analyst came out with a very positive report on the stock which caused a flurry of buying activity but, as usual, it soon drooped again. Still, we are seeing higher highs and higher lows and the moving averages on the chart are starting to point in the upward direction. GNBT closed the week at $1.68 and we are just short of break even. As of 12/7/2007 I recently wrote a post saying GNBT was about to "swoon" after releasing earnings. So far, it is hanging onto most of its recent gains, closing the week at $1.78. I can't complain about being wrong so far as we are actually showing over 5% profit here. Earnings were announced after the close on Friday, however, and it wasn't pretty. Revenues are way down year-over-year and the company shows an EPS loss of $0.07 versus $0.03. I suspect we will see the swoon on Monday. As of 12/21/2007 GNBT hasn't quite "swooned" yet but it did drop below its 20-day moving average. Other than that, the 50-day and 200-day moveing averages are finally beginning to point upward. There was news of an actual $400,000 purchase order for the Company's over-the-counter products from their Middle East marketing partner. The stock closed the week at $1.7399. Our total gain is now only 3% As of 12/28/2007 GNBT is beginning its "swoon" as it has now dropped below both its 20-day and 50-day moving averages. No particular news: just profit taking in a weak market. The stock closed the week at $1.66. Our gain of 3% last week turns into a loss of 1.8% this week. As of 1/4/2008 GNBT continues its "swoon" as the markets in general followed suit. No particular news again this week. The stock closed the week at $1.61. Our gain of 3% a couple of weeks ago now turns into a total loss of 4.7% Latest Update as of 1/22/2008: GNBT hit a low of $1.27 and we were stopped out at $1.32. Our worst case situation came to pass on a day now referred to as the "January lows" and we are left with a loss of 21.9% |
$1.30 | -21.9% |
| PowerShares DB Oil Fund | ||||||
| DBO | Buy | 11/19/2007 | $34.37 |
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Latest Update as of 2/9/2008: I initially bought DBO as explained in the blog post Owning oil ETF takes the sting out of buying home heating oil. Then, crude oil hit $100 a barrel and DBO jumped. Read my blog post "Why I sold DBO". |
$36.20 | +5.3% |
| ProShares UltraShort Financials | ||||||
| SKF | Buy | 1/30/2008 | $97.66 |
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Latest Update as of 3/14/2008: I have bought and sold SKF before but at the end of January, I thought there was a good chance the financial sector was about to take another leg down. The blog post says it all: Shorting financials -- again. After the Bear Stearns disaster, I decided it might be prudent to take profits. Read my blog post "Bear Stearns situation is bad - will things get worse?". |
$132.01 | +35.1% |
Comments on the TradeRadar Signal
The ZONE: The area below the green line on TradeRadar charts is "the zone". Following the normal TradeRadar analysis process, you would use the trailing (rightmost) edge of peaks to identify reversal points. When the red signal peak falls well below the green line, a reversal in trend has been identified. After a peak has occurred, continue to review the path traced by the TradeRadar signal. If it remains below the green line, it can be considered to be confirming and continuing the trend identified by the peak - it is still within the ZONE. When the signal comes out of the zone, it definitely signals the end of the previous trend; however, it may or may not signal a tradable reversal. The new trend may be sideways or the opposite of the previous trend. Avoid trading into a sideways trend. Use the TradeRadar signal to test for a reversal using the last peak as a start point. The reversal would provide a tradable signal. On the other hand, you may find a stock you like but you missed the reversal point. If the upward trend is still intact and the stock is still within the BUY zone it may still be well worth establishing a position.
Filter Settings and Time Periods: It appears that we didn't get out of PacificNet quickly enough because we trusted the TradeRadar SELL signal at its default setting, a 5-day filter. With only three months of daily data to base its calculations on, the TradeRadar engine could not react quickly enough. In this kind of case, it is better to reduce the filter setting by a day or two. You will see both the Signal Strength and Kurtosis increase. That may provide a more realistic and actionable signal.
ETF Strategy: The call to sell QQQQ and buy QID was an experiment to see if a simple strategy would provide positive results. In this kind of play, TradeRadar was used to analyze a long ETF and it's corresponding short or ultra-short ETF. If TradeRadar shows a good SELL signal for the long ETF and also shows a good BUY signal for the short ETF then sell the long ETF and buy the short ETF. After this week's market action, this trade is looking pretty good.
Signal Strength: Weak or Strong? Signal Strength seems to be one of the most important indicators in the TradeRadar system. The shape of the signal provides an indication that we have encountered a reversal. The Signal Strength gives us the confirmation that the reversal is significant enough to trade on. How strong does it have to be in order to trade with confidence? 70% is passable, 80% is better. The fact a BUY or SELL signal is weak (around 50% Signal Strength) indicates that the stock or index is going through a period of choppy trading. It is best, in these circumstances to be cautious and assume the current trend may be in doubt. Similarly, a Signal/Noise ratio less than 85% or 90% also indicates choppy trading.
| Disclaimer: This site may include market analysis. All ideas, opinions, and/or forecasts, expressed or implied herein, are for informational purposes only and should not be construed as a recommendation to invest, trade, and/or speculate in the markets. Any investments, trades, and/or speculations made in light of the ideas, opinions, and/or forecasts, expressed or implied herein, are committed at your own risk, financial or otherwise. |
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