Portfolio performance for December up 0.9%, Down 4.8% for the year
Gilder down 41.9% for the year. Didn’t beat the indexes. Only his ADI, AMCC, CIEN, GLW were green. Nine stocks lost 80%.
Meisler down 44.5% Since March 27. Meisler’s theory was to buy those that rebounded hard after the downward bounce. Will discontinue it.
J-blimps up 8.9% since May 25. Surprising so-called bloated list that stayed ahead since inception.
Fuel cells/Alt energy down 23.5% since started in August. Concept was nice, profits were not.
Gorilla Hunters down 22.8% since December 2000. Monkey shot the hunters.
Long timers
MDT - $53.25 to $60.38. Up 13.4%
ORCL - $26.50 to 29.06. Up 9.7%
May Additions
SCHL $72.75 to $88.63. Up 21.8%
June Additions
PHA $61.00 to 61.00. Up 0.0%
IDA $50.13 to 49.06. Down 2.1%
September Additions
FDRY $36.88 to 15.00. Down 59.3% Landmine
October Additions
SSTI at $12.00 to $11.81. Down 1.6%
SDLI at $181.75 to 148.19. Down 18.5%
AMCC $48.44 to 75.03. Up 54.9% Savior
CREE $28.06 to $35.53. Up 26.6%
JNPR $124.63 to $126.06. Up 1.1%
A $52.19 to $54.75 Up 4.9%
MTSN $9.50 to $10.31. Up 8.5%
November Additions
RMBS $38.38 to 36.13. Down 5.9%
WFII $31.94 to $36.25. Up 13.5%
INKT $26.06 to $17.88 Down 31.4%
SUNW $38.03 to $27.88 Down 26.7%
NETE $46.19 to $54.38 Up 17.7%
SCMR $41.44 to $37.25. Down 10.1%
WILIF $8.84 to $5.85 Down 33.8%
NTAP $49.39 to 64.22 Up 30.0%
December Additions
OLN $19.75 to $22.13. Up 12.0%
AMAT $39.44 to $38.19. Down 3.2%
Deletions
none
January was up 7.7%
February up 22.4%
March down 6.2%
April down 8.4%
May down 4.8%
June was up 8.9%
July down 7.4%
August up 9.3%
September down 2.9%
October was down 6.9%
November was down 24.6%
December was up 0.9%
Portfolio was down 12.0% for the year using straight averages
A look if 10K was invested in each stock
25 stocks to start the year = $250,000
29 Stocks rotated in January. (290K x 1.077)-290K = $22,330 profit
32 Stocks rotated in February. = $71,600 profit
39 stocks rotated in March. = $24,180 loss
26 stocks rotated in April = $21,840 loss
35 stocks rotated in May = $16,800 loss
43 stocks rotated in June = $38,270 profit
30 stocks rotated in July = $22,170 loss
24 stocks rotated in August = $22,320 profit
29 stocks rotated in September = $8,410 loss
34 stocks rotated in October = $23,460 loss
21 stocks rotated in November = $51,660 loss
23 stocks rotated in December = $2,070 gain
Year loss would be $12,030 or down 4.8% on constant capital of 250K
Dow – 10414 to 10787. Up 3.6% for month
NASDAQ – 2569 to 2470. Down 3.8% for month
S&P500 – 1314 to 1320. Up 0.4% for month
Dow - 11446 to 10787. Down 5.7% for the year
NASDAQ - 4061 to 2470. Down 39.1% for the year
S&P500 – 1442 to 1320. Down 8.5% for the year
For December, FOMC will adopt a neutral bias with the economy slowing and recession looming. All indexes should be higher, but the catalyst has to come from the FOMC, election, or oil.
Bias was better than neutral , and two of three indexes were higher.
For January, the FED should cut rates 25 basis points. Indexes may be flat.
Category average of 166 funds is down 30.78.% using yesterday’s numbers since Morningstar is slow tonight.
PAIVX PIMCO Global Innovation A up 48.33
PDISX Potomac Internet/Short up 36.67
ICTEX Icon Information Technology up 16.12
WWNPX Kinetics Internet New Paradigm up 4.60
SISTX Sit Science & Technology Growth down -2.71
ROGSX Red Oak Technology Select down -4.64
screen.morningstar.com
I’ll update it using 12/29 numbers tomorrow.
I consider beating all three index averages this year as an accomplishment as I was invested mostly in the worst sector to be in. Of course down 4.8% is no good, but the goal is to beat the S&P, Nasdaq, and Dow each year.
More tomorrow.
Jack |
