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The Deen's ListTM
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| Our Goal: To outperform the S&P through up markets and down.
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| A service of Deen Capital Management, Inc. (www.deencapital.com)
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| Vol.6 #271 |
Monday, August 25, 2008 1:0AM EDT |
Please read carefully our disclaimers at the end of this newsletter.
Weekly Status Report: Contents
Performance
Market Commentary
Open Positions
Stocks Sold Over Past 13 Weeks
Subscription Information
Privacy Policy
Disclaimers
Contact Us
Performance
|
Deen Capital |
S&P 500 |
| Year-to-date as of August 22, 2008 |
-10.8% * |
-10.8% |
| 12 months (Aug 22, 2007 to Aug 22, 2008) |
+1.8% * |
-9.9% |
* An average of managed accounts, net after all commissions and fees.
Click here for more performance data.
Click here for information on managed accounts.
Market Commentary
Market Stance: BULLISH (since July 17, 2008)
It was a volatile week, with the end result little changed. Deen Capital
accounts gave back 0.3%, a hair better than the S&P's 0.4% loss.
Technically, the market is poised to rally, but it is facing strong
headwinds -- a global economic slowdown, inflation, and a continuing crisis
in the financial sector. The market needs a catalyst to ignite a rally --
some glimmer of hope -- and we're not getting it. What we are getting is
a steady drumbeat of bad news.
Even so, I remain bullish near-term, as my technical indicators are overall
bullish, and I consider these to be the best tools at my disposal for
predicting the market's near-term direction. Bullish, yes, but with a heavy
dose of caution.
The market did have a strong finish last week, after Warren Buffett said
stocks are more attractive now than they were a year ago, and stocks in
Japan, Hong Kong, and Australia are rallying sharply in early Monday
trading. (I'm writing this late Sunday night here, which is early Monday
over there.)
The uptrend that begin in mid-July is intact, in spite of recent weakness,
and I'm inclined to think it has more upside.
My Three Primary Technical Indicators:
Prior week Now
---------- -------
NASDAQ Timing Model (Ver.10q): BULLISH BULLISH (1)
Last signal: BULLISH on Jul 17, 2008
Performance of Recent Stock Picks: +3.5 NEUTRAL +3.3 NEUTRAL (2)
Market Internals: 53% BULLISH 51% BULLISH (3)
-----------------------------------------------------------------------
Market's Overall Technical Rating: BULLISH BULLISH
Stocks:Cash ratio (average): 62:38 64:36
(1) A proprietary computer model based on technical analysis of the NASDAQ
Composite.
(2) This number (from -10 to +10) is based on the performance of ALL my
recent stock picks (I actually buy only some of these). A positive number
means my recent stock picks are generally rising; a negative number means
they are generally falling. Even so, I consider a reading below +3.1 to be
bearish. I require a reading of +5.6 or better to call this indicator
bullish.
(3) This is the percentage of stocks ($8 and up) which are trading above
their 50-day moving average. The rating of this percentage (bullish,
bearish or neutral) is based on which way it's been moving recently -- up,
down or sideways.
-KD, Sunday, August 24, 2008
Open Positions
Model Portfolio
| Company Name |
Stock
Symbol |
Buy
Date |
NetBuy
Price* |
Current
Price |
Weeks
Held |
% of
Portfolio |
Gain
(Loss) |
| SkillSoft PLC |
SKIL |
08/22/08 |
$10.67 |
$10.40 |
0.3 |
4.8% |
-2.5% |
| Amphenol Corp. |
APH |
08/22/08 |
$48.98 |
$49.50 |
0.3 |
5.0% |
+1.1% |
| VisionChina Media Inc. |
VISN |
08/21/08 |
$19.22 |
$19.20 |
0.4 |
3.9% |
-0.1% |
| SunPower Corp. |
SPWR |
08/18/08 |
$89.00 |
$96.59 |
0.9 |
5.3% |
+8.5% |
| Estee Lauder Cos Inc. |
EL |
08/18/08 |
$51.31 |
$50.44 |
0.9 |
4.9% |
-1.7% |
| Ebix Inc. |
EBIX |
08/14/08 |
$105.10 |
$104.00 |
1.4 |
5.0% |
-1.0% |
| PAREXEL International Corp. |
PRXL |
08/07/08 |
$32.62 |
$32.51 |
2.4 |
5.0% |
-0.3% |
| Thoratec Corp. |
THOR |
08/05/08 |
$23.18 |
$24.87 |
2.7 |
6.4% |
+7.3% |
| II-VI, Inc. |
IIVI |
08/05/08 |
$39.98 |
$45.45 |
2.7 |
5.6% |
+13.7% |
| Covidien, Ltd. |
COV |
08/05/08 |
$52.60 |
$54.33 |
2.7 |
6.1% |
+3.3% |
| Varian Medical Systems |
VAR |
07/24/08 |
$59.79 |
$64.15 |
4.4 |
6.6% |
+7.3% |
| Woodward Governor |
WGOV |
07/22/08 |
$44.19 |
$46.34 |
4.7 |
5.4% |
+4.9% |
| Cash |
36.0% |
|
| Total |
100% |
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* Buy prices shown are net after commissions and fees.
Stocks Sold Over Past 13 Weeks
| Company Name |
Stock
Symbol |
Buy
Date |
NetBuy
Price* |
Sell
Date |
NetSell
Price* |
Weeks
Held |
Gain
(Loss)* |
| St. Jude Medical |
STJ |
07/16/08 |
$45.55 |
08/20/08 |
$46.03 |
5.0 |
+1.0% |
| Sapient Corp. |
SAPE |
08/08/08 |
$8.16 |
08/19/08 |
$8.70 |
1.6 |
+6.7% |
| Badger Meter Inc. |
BMI |
07/22/08 |
$55.68 |
08/18/08 |
$51.49 |
3.9 |
-7.5% |
| Amphenol Corp. |
APH |
08/06/08 |
$48.29 |
08/18/08 |
$50.15 |
1.7 |
+3.8% |
| Innophos Holdings Inc. |
IPHS |
08/06/08 |
$34.71 |
08/15/08 |
$33.70 |
1.3 |
-2.9% |
| Amedisys Inc. |
AMED |
07/17/08 |
$59.44 |
08/12/08 |
$54.31 |
3.7 |
-8.6% |
| Altera Corp. |
ALTR |
07/18/08 |
$21.45 |
08/12/08 |
$23.71 |
3.6 |
+10.5% |
| IBM |
IBM |
07/21/08 |
$129.38 |
08/12/08 |
$124.71 |
3.1 |
-3.6% |
| EZCORP, Inc. |
EZPW |
07/25/08 |
$17.71 |
08/11/08 |
$15.48 |
2.4 |
-12.6% |
| Titan International Inc. |
TWI |
07/31/08 |
$46.52 |
08/11/08 |
$40.35 |
1.6 |
-13.3% |
| Calgon Carbon Corp. |
CCC |
07/31/08 |
$19.69 |
08/11/08 |
$18.70 |
1.6 |
-5.0% |
| America's Car-Mart, Inc. |
CRMT |
07/03/08 |
$18.95 |
08/04/08 |
$19.34 |
4.6 |
+2.0% |
| Robbins & Myers Inc. |
RBN |
07/16/08 |
$50.30 |
08/04/08 |
$48.98 |
2.7 |
-2.6% |
| Amphenol Corp. |
APH |
07/17/08 |
$50.73 |
08/04/08 |
$46.32 |
2.6 |
-8.7% |
| Northwest Pipe Co. |
NWPX |
07/23/08 |
$56.53 |
08/04/08 |
$52.56 |
1.7 |
-7.0% |
| Tyler Technologies Inc. |
TYL |
07/25/08 |
$17.15 |
08/04/08 |
$15.37 |
1.4 |
-10.4% |
| VisionChina Media Inc. |
VISN |
07/30/08 |
$23.16 |
08/04/08 |
$19.37 |
0.7 |
-16.4% |
| ENGlobal Corp. |
ENG |
07/09/08 |
$13.92 |
07/31/08 |
$12.38 |
3.1 |
-11.1% |
| CIRCOR International Inc. |
CIR |
07/10/08 |
$62.06 |
07/31/08 |
$59.62 |
3.0 |
-3.9% |
| Plexus Corp. |
PLXS |
07/25/08 |
$30.28 |
07/30/08 |
$29.33 |
0.7 |
-3.1% |
| Balchem Corp. |
BCPC |
07/08/08 |
$25.56 |
07/29/08 |
$25.69 |
3.0 |
+0.5% |
| AeroVironment Inc. |
AVAV |
06/25/08 |
$28.28 |
07/24/08 |
$30.19 |
4.1 |
+6.7% |
| Fuel Systems Solutions Inc. |
FSYS |
07/09/08 |
$31.64 |
07/24/08 |
$37.36 |
2.1 |
+18.1% |
| Crown Holdings Inc. |
CCK |
07/18/08 |
$29.16 |
07/24/08 |
$27.65 |
0.9 |
-5.2% |
| Lufkin Industries Inc. |
LUFK |
07/17/08 |
$91.00 |
07/18/08 |
$83.84 |
0.1 |
-7.9% |
| SAIC, Inc. |
SAI |
06/04/08 |
$20.69 |
07/16/08 |
$19.05 |
6.0 |
-7.9% |
| AZZ Inc. |
AZZ |
06/27/08 |
$39.10 |
07/14/08 |
$44.25 |
2.4 |
+13.2% |
| ENGlobal Corp. |
ENG |
06/30/08 |
$14.31 |
07/07/08 |
$13.15 |
1.0 |
-8.1% |
| EnerSys |
ENS |
06/12/08 |
$34.73 |
07/02/08 |
$32.04 |
2.9 |
-7.8% |
| N. American Energy Partners |
NOA |
06/23/08 |
$22.13 |
07/02/08 |
$19.94 |
1.3 |
-9.9% |
| The Western Union Co. |
WU |
06/25/08 |
$26.01 |
07/02/08 |
$23.85 |
1.0 |
-8.3% |
| Fuel Systems Solutions Inc. |
FSYS |
05/13/08 |
$24.34 |
06/24/08 |
$35.29 |
6.0 |
+45.0% |
| Agrium Inc. |
AGU |
06/11/08 |
$99.96 |
06/24/08 |
$107.01 |
1.9 |
+7.0% |
| ReneSola Ltd |
SOL |
06/19/08 |
$22.01 |
06/24/08 |
$19.75 |
0.7 |
-10.3% |
| Gushan Environmental Energy |
GU |
06/19/08 |
$13.39 |
06/23/08 |
$11.90 |
0.6 |
-11.2% |
| IBM |
IBM |
04/29/08 |
$122.83 |
06/20/08 |
$122.50 |
7.4 |
-0.3% |
| Airgas Inc. |
ARG |
05/06/08 |
$55.94 |
06/20/08 |
$62.08 |
6.4 |
+11.0% |
| Activision Inc. |
ATVI |
05/09/08 |
$31.41 |
06/20/08 |
$35.55 |
6.0 |
+13.2% |
| Donaldson Co. Inc. |
DCI |
05/28/08 |
$49.37 |
06/20/08 |
$48.99 |
3.3 |
-0.8% |
| Monolithic Power Systems |
MPWR |
06/05/08 |
$26.48 |
06/11/08 |
$23.99 |
0.9 |
-9.4% |
| Zoll Medical Corp. |
ZOLL |
04/23/08 |
$31.32 |
06/09/08 |
$34.99 |
6.7 |
+11.7% |
| Western Digital Corp. |
WDC |
05/15/08 |
$33.71 |
06/09/08 |
$38.49 |
3.6 |
+14.2% |
| B M C Software |
BMC |
05/20/08 |
$38.02 |
06/09/08 |
$38.76 |
2.9 |
+1.9% |
| Pericom Semiconductor |
PSEM |
05/27/08 |
$18.31 |
06/09/08 |
$17.89 |
1.9 |
-2.3% |
| Himax Technologies |
HIMX |
05/28/08 |
$5.75 |
06/09/08 |
$5.85 |
1.7 |
+1.8% |
| Badger Meter Inc. |
BMI |
04/16/08 |
$48.23 |
06/06/08 |
$49.73 |
7.3 |
+3.1% |
| Wabtec |
WAB |
04/25/08 |
$41.99 |
06/06/08 |
$45.67 |
6.0 |
+8.8% |
| GrafTech International Ltd. |
GTI |
05/01/08 |
$21.17 |
06/06/08 |
$26.73 |
5.1 |
+26.3% |
| Fluor Corp. |
FLR |
05/15/08 |
$189.37 |
06/06/08 |
$183.83 |
3.1 |
-2.9% |
| Woodward Governor |
WGOV |
05/21/08 |
$39.18 |
06/06/08 |
$38.79 |
2.3 |
-1.0% |
| Metalico Inc. |
MEA |
05/14/08 |
$15.67 |
06/04/08 |
$14.72 |
3.0 |
-6.1% |
| Metalico Inc. |
MEA |
05/22/08 |
$15.61 |
06/04/08 |
$14.72 |
1.9 |
-5.7% |
| Syniverse Holdings Inc. |
SVR |
05/07/08 |
$20.25 |
06/03/08 |
$21.61 |
3.9 |
+6.7% |
| Powell Industries Inc. |
POWL |
05/08/08 |
$47.14 |
06/02/08 |
$52.53 |
3.6 |
+11.4% |
| Harris Corp. |
HRS |
05/30/08 |
$66.20 |
06/02/08 |
$55.53 |
0.4 |
-16.1% |
* Buy and sell prices shown are net after commissions and fees. This means
that the gains/losses shown are also net after transaction expenses.
Subscription Information
Welcome to The Deen's ListTM, an e-mail stock newsletter from Deen
Capital Management, Inc.
My intention is to inform you as quickly as is practical regarding my
stock market moves. When I buy or sell a stock, first I take care of
client accounts, then I buy/sell for my personal account(s), and then,
third, I send out this newsletter.
Your feedback is welcome. Send e-mail to deenslist@deencapital.com.
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Disclaimers
All stocks discussed in The Deen's ListTM involve a high degree of
risk. It should not be assumed that any stock discussed in The Deen's
ListTM or purchased by Deen Capital Management, Inc. will be
profitable.
Past performance is not necessarily indicative of future results.
The information contained herein has been compiled from sources deemed
to be reliable; however, we are not responsible for its accuracy or
completeness.
Contact Us
The Deen's List
PO Box 30925
Santa Barbara, CA 93130
(800) 353-4990
deenslist@deencapital.com
Copyright © 2008 Deen Capital Management, Inc.
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