Since SI is very erratic, and to be of no use to anyone, this explains what I do other than nail up 2 x 4 studs in the garage on a rainy day.............
Despite being rather content with holdings, am always looking for a bit extra.
Perused the earnings schedule for Mon and Tues, which includes abm,coms,avn,bby,kmx,cc,guc, mu,pir,rhat,and wgo and others. But we dont need too many
Plotting these for 5 day,3 mos, 6 mos, 2 yrs lets me eliminate many of those which have lost momentum.
Also I like to see some earnings, which eliminates more of them.
Now I have three left CC, Kmx(sub of cc) and Pir.
News items say they will all beat the Street
The P/E of PIR is 17, CC is 96, Kmx is 35
I also measure these against my own holdings for past several months, since perhaps I could buy more of what I already own.
What remains now is to find why the P/E on CC seems too high, decide whether to buy anything tomorrow at all. But at this moment, if nothing comes up to trash the market, I am inclined to buy several January calls
at the money on PIR and sell them later if it goes up. (I haven't checked yet to see if they have calls). Unless I change my mind(G)
Do not be deluded by the vast extent of all the research I have done here to determine the performance of a sector or history of a company, or brokers/analysts recommendations, investing can be very simple.
Its making money thats difficult.
Sig
Its always encouraging to see the value of the Yen go down, it seems the market here likes that, perhaps because other countries buy our equities. |
