|
|
The Deen's ListTM
|
| Our goal since Oct. 2005: Outperform the S&P through up markets and down.
|
| A service of Deen Capital Management, Inc. (www.deencapital.com)
|
| Vol.7 #253 |
Saturday, October 10, 2009 |
11:10AM 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 October 9, 2009 |
+17.8% * |
+21.0% |
| 12 months (Oct 9, 2008 to Oct 9, 2009) |
+8.8% * |
+21.0% |
| 24 months (Oct 9, 2007 to Oct 9, 2009) |
-12.8% * |
-28.2% |
| 36 months (Oct 9, 2006 to Oct 9, 2009) |
+17.3% * |
-15.3% |
| 48 months (Oct 9, 2005 to Oct 9, 2009) |
+47.4% * |
-2.7% |
* 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 October 9, 2009)
We had a solid up week, but we underperformed due to sitting on a high level
of cash for most of the week. It appears I have again erred on the side of
caution. Thursday a week ago, I did a lot of selling, noting that market
risk was "extremely high". My indicators were overall bearish, and recent
heavy volume was on the sell side.
Now, as of yesterday (Friday, October 9), my indicators have returned to
overall bullish. I am not entirely confident of this rally, but I am going
with my indicators. I changed my stance from bearish to bullish yesterday,
and put most of our cash back to work.
Last week, we enjoyed a solid up week, but we underperformed the market.
(Deen Capital +1.9%; S&P +4.6%). I mentioned that my indicators are now
"overall bullish". Specifically, two are bullish and one is bearish. The
"one bearish", my market internals indicator, is rising, and is right on the
brink of turning neutral.
At this juncture, a lot depends on third quarter earnings, which will flood
the news wires next week.
My Three Primary Technical Indicators:
Prior week Now
---------- -------
NASDAQ Timing Model (Ver.10r): BULLISH BULLISH (1)
Last signal: BULLISH on Sep 10, 2009
Performance of Recent Stock Picks: -2.4 BEARISH +6.4 BULLISH (2)
Market Internals: 63% BEARISH 81% BEARISH (3)
-----------------------------------------------------------------------
Market's Overall Technical Rating: BEARISH BULLISH
Stocks:Cash ratio (average): 18:82 89:11
(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, Saturday, October 10, 2009
Open Positions
Model Portfolio
| Company Name |
Stock
Symbol |
Buy
Date |
NetBuy
Price* |
Current
Price |
Weeks
Held |
% of
Portfolio |
Gain
(Loss) |
| S&P Depositary Receipt |
SPY |
10/09/09 |
$107.12 |
$107.26 |
0.1 |
39.8% |
+0.1% |
| China Automotive Systems |
CAAS |
10/09/09 |
$10.51 |
$10.76 |
0.1 |
5.1% |
+2.4% |
| Tongxin International |
TXIC |
10/08/09 |
$10.94 |
$11.00 |
0.3 |
5.0% |
+0.5% |
| S&P Depositary Receipt |
SPY |
10/06/09 |
$105.96 |
$107.26 |
0.6 |
20.0% |
+1.2% |
| Lincoln Educational |
LINC |
09/28/09 |
$22.65 |
$23.52 |
1.7 |
5.0% |
+3.8% |
| RINO International Corp. |
RINO |
09/17/09 |
$14.10 |
$23.60 |
3.3 |
8.1% |
+67.3% |
| Zhongpin, Inc. |
HOGS |
09/08/09 |
$11.75 |
$14.15 |
4.6 |
5.7% |
+20.4% |
| Cash |
11.3% |
|
| Total |
100% |
|
* 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)* |
| Ulta Salon, Cosmetics |
ULTA |
09/16/09 |
$15.02 |
10/01/09 |
$16.45 |
2.1 |
+9.5% |
| Innodata Isogen |
INOD |
09/29/09 |
$7.90 |
10/01/09 |
$7.41 |
0.3 |
-6.2% |
| Hi-Tech Pharmacal Co. Inc. |
HITK |
09/09/09 |
$21.14 |
10/01/09 |
$21.55 |
3.1 |
+1.9% |
| SmartHeat Inc. |
HEAT |
09/25/09 |
$11.68 |
10/01/09 |
$11.00 |
0.9 |
-5.9% |
| Ebix Inc. |
EBIX |
09/28/09 |
$50.79 |
10/01/09 |
$53.77 |
0.4 |
+5.9% |
| China TransInfo Tech. Corp. |
CTFO |
09/22/09 |
$8.52 |
10/01/09 |
$9.01 |
1.3 |
+5.8% |
| China Fire & Security Group |
CFSG |
09/14/09 |
$17.04 |
10/01/09 |
$18.24 |
2.4 |
+7.0% |
| Bio-Reference Labs, Inc. |
BRLI |
09/16/09 |
$34.54 |
10/01/09 |
$34.31 |
2.1 |
-0.7% |
| American Superconductor |
AMSC |
09/30/09 |
$33.81 |
10/01/09 |
$32.16 |
0.1 |
-4.9% |
| S&P Depositary Receipt |
SPY |
09/11/09 |
$104.83 |
09/25/09 |
$104.71 |
2.0 |
-0.1% |
| S&P Depositary Receipt |
SPY |
09/10/09 |
$104.78 |
09/25/09 |
$104.71 |
2.1 |
-0.1% |
| S&P Depositary Receipt |
SPY |
09/01/09 |
$102.82 |
09/25/09 |
$104.71 |
3.4 |
+1.8% |
| Ebix Inc. |
EBIX |
09/10/09 |
$52.53 |
09/22/09 |
$47.14 |
1.7 |
-10.3% |
| S&P Depositary Receipt |
SPY |
09/01/09 |
$102.82 |
09/17/09 |
$107.15 |
2.3 |
+4.2% |
| S&P Depositary Receipt |
SPY |
09/01/09 |
$102.82 |
09/16/09 |
$107.00 |
2.1 |
+4.1% |
| S&P Depositary Receipt |
SPY |
08/28/09 |
$103.30 |
09/16/09 |
$107.00 |
2.7 |
+3.6% |
| S&P Depositary Receipt |
SPY |
08/21/09 |
$103.02 |
09/16/09 |
$107.00 |
3.7 |
+3.9% |
| S&P Depositary Receipt |
SPY |
08/21/09 |
$103.02 |
09/14/09 |
$104.17 |
3.4 |
+1.1% |
| S&P Depositary Receipt |
SPY |
08/21/09 |
$103.02 |
09/02/09 |
$100.31 |
1.7 |
-2.6% |
| S&P Depositary Receipt |
SPY |
08/20/09 |
$101.13 |
09/02/09 |
$100.31 |
1.9 |
-0.8% |
| S&P Depositary Receipt |
SPY |
08/05/09 |
$100.56 |
09/02/09 |
$100.31 |
4.0 |
-0.2% |
| S&P Depositary Receipt |
SPY |
08/05/09 |
$100.56 |
09/01/09 |
$100.39 |
3.9 |
-0.2% |
| S&P Depositary Receipt |
SPY |
07/16/09 |
$93.40 |
09/01/09 |
$100.39 |
6.7 |
+7.5% |
| S&P Depositary Receipt |
SPY |
07/14/09 |
$90.55 |
09/01/09 |
$100.39 |
7.0 |
+10.9% |
| S&P Depositary Receipt |
SPY |
07/13/09 |
$89.49 |
09/01/09 |
$100.39 |
7.1 |
+12.2% |
| S X C Health Solutions |
SXCI |
08/06/09 |
$38.12 |
08/31/09 |
$40.89 |
3.6 |
+7.3% |
| Priceline.com Inc. |
PCLN |
08/13/09 |
$150.67 |
08/31/09 |
$153.65 |
2.6 |
+2.0% |
| Geokinetics Inc. |
GOK |
08/21/09 |
$16.91 |
08/31/09 |
$16.99 |
1.4 |
+0.4% |
| SmartHeat Inc. |
HEAT |
08/25/09 |
$9.51 |
08/28/09 |
$7.23 |
0.4 |
-23.9% |
| S&P Depositary Receipt |
SPY |
07/13/09 |
$89.49 |
08/25/09 |
$103.60 |
6.1 |
+15.8% |
| Chindex International Inc. |
CHDX |
08/10/09 |
$15.62 |
08/21/09 |
$14.18 |
1.6 |
-9.2% |
| Longtop Financial Tech |
LFT |
08/11/09 |
$31.03 |
08/18/09 |
$25.83 |
1.0 |
-16.8% |
| S&P Depositary Receipt |
SPY |
07/13/09 |
$89.49 |
08/14/09 |
$100.08 |
4.6 |
+11.8% |
| S&P Depositary Receipt |
SPY |
07/13/09 |
$89.49 |
08/13/09 |
$101.07 |
4.4 |
+12.9% |
| S&P Depositary Receipt |
SPY |
07/13/09 |
$89.49 |
08/11/09 |
$99.98 |
4.1 |
+11.7% |
| S&P Depositary Receipt |
SPY |
07/09/09 |
$88.46 |
08/11/09 |
$99.98 |
4.7 |
+13.0% |
| S&P Depositary Receipt |
SPY |
07/09/09 |
$88.46 |
08/10/09 |
$100.40 |
4.6 |
+13.5% |
| S&P Depositary Receipt |
SPY |
07/09/09 |
$88.46 |
08/06/09 |
$100.07 |
4.0 |
+13.1% |
| TriQuint Semiconductor |
TQNT |
07/24/09 |
$6.96 |
08/05/09 |
$6.59 |
1.7 |
-5.4% |
| NVE Corp. |
NVEC |
07/23/09 |
$53.37 |
08/05/09 |
$54.46 |
1.9 |
+2.0% |
| JDA Software Group |
JDAS |
07/22/09 |
$21.52 |
08/05/09 |
$20.35 |
2.0 |
-5.4% |
| Hi-Tech Pharmacal Co. Inc. |
HITK |
07/15/09 |
$13.21 |
08/05/09 |
$14.67 |
3.0 |
+11.1% |
| Capella Education Co. |
CPLA |
07/29/09 |
$63.07 |
08/05/09 |
$63.09 |
1.0 |
+0.0% |
| American Superconductor |
AMSC |
07/30/09 |
$32.94 |
08/05/09 |
$32.11 |
0.9 |
-2.5% |
| Global Cash Access Holdings |
GCA |
07/17/09 |
$8.31 |
08/04/09 |
$9.00 |
2.6 |
+8.3% |
| S&P Depositary Receipt |
SPY |
07/09/09 |
$88.46 |
07/30/09 |
$99.24 |
3.0 |
+12.2% |
| S&P Depositary Receipt |
SPY |
07/09/09 |
$88.46 |
07/29/09 |
$97.31 |
2.9 |
+10.0% |
| VanceInfo Technologies Inc. |
VIT |
07/16/09 |
$12.79 |
07/23/09 |
$14.58 |
1.0 |
+14.0% |
| S&P Depositary Receipt |
SPY |
07/09/09 |
$88.46 |
07/23/09 |
$97.80 |
2.0 |
+10.6% |
| S&P Depositary Receipt |
SPY |
07/09/09 |
$88.46 |
07/22/09 |
$95.31 |
1.9 |
+7.7% |
* 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.
To subscribe or unsubscribe, include the word "subscribe" or
"unsubscribe" in the Subject line.
This newsletter is free to managed account clients. For a limited time,
it is also free to all interested parties.
Privacy Policy
Your personal information, including your e-mail address, will be held
in strict confidence by Deen Capital Management, Inc. We will not share it
with or sell it to others.
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 © 2009 Deen Capital Management, Inc.
|