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The Deen's ListTM
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| Our goal since Oct. 2005: 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.7 #311 |
Saturday, December 19, 2009 |
1:29PM EST |
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 December 18, 2009 |
+22.7% * |
+25.0% |
| 12 months (Dec 18, 2008 to Dec 18, 2009) |
+24.3% * |
+27.6% |
| 24 months (Dec 18, 2007 to Dec 18, 2009) |
-7.9% * |
-20.5% |
| 36 months (Dec 18, 2006 to Dec 18, 2009) |
+16.0% * |
-17.3% |
| 48 months (Dec 18, 2005 to Dec 18, 2009) |
+40.8% * |
-5.5% |
* 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 December 1, 2009)
It was another outstanding week for Deen Capital clients, with the average
managed account gaining +1.5%, versus a -0.3% drop in the S&P 500.
We continue to reap the benefits of near ideal market conditions, at least
for us. This is a stock picker's market. Since mid-November, the S&P has
been, and continues to be, locked in a very tight trading range, while,
under the hood, high-growth, low-valuation stocks, the kind of stocks I
favor, are performing well.
I mentioned that the market is locked in a tight range. This range is right
up there at the market's 14-month high. The market is repeatedly testing
resistance there. In my view, this is a good sign. There's a good chance
that, sooner or later, resistance will give way and the market will break
out.
My performance-of-recent-stock-picks indicator slipped from bullish to
neutral, so that my three indicators are now overall neutral. Though I am on
the lookout for signs of a market top, and my indicators are my #1 tool in
this endeavor, a downshift from "overall bullish" to "overall neutral" is
not, in my view, particularly worrisome. I am, of course, monitoring the
situation daily.
In my view, the bull market we've enjoyed since March continues apace, and
our aggressive portfolio (now 1.7 times as volatile, statistically, as the
S&P) is well suited to this environment.
My Three Primary Technical Indicators:
Prior week Now
---------- -------
NASDAQ Timing Model (Ver.10r): BEARISH BEARISH (1)
Last signal: BEARISH on Nov 20, 2009
Performance of Recent Stock Picks: +5.9 BULLISH +4.8 NEUTRAL (2)
Market Internals: 64% BULLISH 64% BULLISH (3)
-----------------------------------------------------------------------
Market's Overall Technical Rating: BULLISH NEUTRAL
Stocks:Cash ratio (average): 100:0 100:0
(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, December 19, 2009
Open Positions
Model Portfolio
| Company Name |
Stock
Symbol |
Buy
Date |
NetBuy
Price* |
Current
Price |
Weeks
Held |
% of
Portfolio |
Gain
(Loss) |
| Credit Acceptance Corp. |
CACC |
12/17/09 |
$39.16 |
$39.89 |
0.3 |
5.1% |
+1.9% |
| Hi-Tech Pharmacal Co. Inc. |
HITK |
12/09/09 |
$24.01 |
$27.36 |
1.4 |
5.6% |
+13.9% |
| China Education Alliance |
CEU |
12/08/09 |
$6.40 |
$5.75 |
1.6 |
3.5% |
-10.1% |
| AsiaInfo Holdings Inc. |
ASIA |
12/08/09 |
$29.79 |
$30.06 |
1.6 |
5.0% |
+0.9% |
| China Sky One Medical |
CSKI |
12/03/09 |
$17.40 |
$20.15 |
2.3 |
5.8% |
+15.8% |
| Cyberonics Inc. |
CYBX |
12/02/09 |
$18.06 |
$20.74 |
2.4 |
5.2% |
+14.9% |
| Lihua International, Inc. |
LIWA |
12/02/09 |
$9.99 |
$10.15 |
2.4 |
5.0% |
+1.6% |
| China Green Agriculture Inc. |
CGA |
12/01/09 |
$17.21 |
$15.06 |
2.6 |
4.3% |
-12.5% |
| SmartHeat Inc. |
HEAT |
11/30/09 |
$13.03 |
$15.58 |
2.7 |
5.7% |
+19.6% |
| Telestone Technology |
TSTC |
11/25/09 |
$13.63 |
$17.24 |
3.4 |
6.1% |
+26.5% |
| S&P Depositary Receipt |
SPY |
11/25/09 |
$111.39 |
$110.21 |
3.4 |
24.6% |
-1.1% |
| S&P Depositary Receipt |
SPY |
11/16/09 |
$110.45 |
$110.21 |
4.7 |
19.1% |
-0.2% |
| Priceline.com Inc. |
PCLN |
11/10/09 |
$203.56 |
$216.39 |
5.6 |
5.0% |
+6.3% |
| Cash |
0.1% |
|
| 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)* |
| S&P Depositary Receipt |
SPY |
11/16/09 |
$110.45 |
12/17/09 |
$110.54 |
4.4 |
+0.1% |
| S&P Depositary Receipt |
SPY |
11/13/09 |
$109.96 |
12/17/09 |
$110.54 |
4.9 |
+0.5% |
| S&P Depositary Receipt |
SPY |
11/16/09 |
$110.45 |
12/09/09 |
$109.45 |
3.3 |
-0.9% |
| S&P Depositary Receipt |
SPY |
11/13/09 |
$109.96 |
12/09/09 |
$109.45 |
3.7 |
-0.5% |
| China Yuchai Int'l |
CYD |
12/01/09 |
$16.90 |
12/08/09 |
$15.23 |
1.0 |
-9.9% |
| S&P Depositary Receipt |
SPY |
11/13/09 |
$109.96 |
12/08/09 |
$109.82 |
3.6 |
-0.1% |
| S&P Depositary Receipt |
SPY |
11/13/09 |
$109.96 |
12/03/09 |
$111.29 |
2.9 |
+1.2% |
| S&P Depositary Receipt |
SPY |
11/13/09 |
$109.96 |
11/30/09 |
$109.12 |
2.4 |
-0.8% |
| Rehabcare Group Inc. |
RHB |
11/05/09 |
$24.32 |
11/27/09 |
$27.81 |
3.1 |
+14.3% |
| Telestone Technology |
TSTC |
11/13/09 |
$11.74 |
11/24/09 |
$12.16 |
1.6 |
+3.6% |
| Ultra S&P500 ProShares |
SSO |
11/13/09 |
$36.79 |
11/24/09 |
$37.16 |
1.6 |
+1.0% |
| RINO International Corp. |
RINO |
11/16/09 |
$27.48 |
11/24/09 |
$26.60 |
1.1 |
-3.2% |
| SmartHeat Inc. |
HEAT |
11/16/09 |
$11.31 |
11/24/09 |
$13.01 |
1.1 |
+15.0% |
| China-Biotics Inc. |
CHBT |
11/20/09 |
$14.74 |
11/24/09 |
$14.41 |
0.6 |
-2.2% |
| China Green Agriculture Inc. |
CGA |
11/18/09 |
$15.54 |
11/24/09 |
$15.39 |
0.9 |
-0.9% |
| China Automotive Systems |
CAAS |
11/17/09 |
$16.67 |
11/24/09 |
$16.13 |
1.0 |
-3.3% |
| Netflix Inc. |
NFLX |
10/26/09 |
$56.14 |
11/12/09 |
$58.38 |
2.4 |
+4.0% |
| S&P Depositary Receipt |
SPY |
11/02/09 |
$105.00 |
11/12/09 |
$109.14 |
1.4 |
+3.9% |
| S&P Depositary Receipt |
SPY |
10/29/09 |
$105.87 |
11/12/09 |
$109.14 |
2.0 |
+3.1% |
| S&P Depositary Receipt |
SPY |
10/29/09 |
$105.87 |
10/30/09 |
$104.15 |
0.1 |
-1.6% |
| Apple, Inc. |
AAPL |
10/21/09 |
$205.93 |
10/30/09 |
$189.22 |
1.3 |
-8.1% |
| Lincoln Educational |
LINC |
09/28/09 |
$22.65 |
10/28/09 |
$21.31 |
4.3 |
-5.9% |
| Diedrich Coffee Inc. |
DDRX |
10/19/09 |
$28.03 |
10/28/09 |
$27.04 |
1.3 |
-3.5% |
| Telestone Technology |
TSTC |
10/21/09 |
$10.91 |
10/27/09 |
$9.39 |
0.9 |
-13.9% |
| Interactive Intelligence |
ININ |
10/13/09 |
$21.49 |
10/27/09 |
$18.55 |
2.0 |
-13.7% |
| AsiaInfo Holdings Inc. |
ASIA |
10/14/09 |
$23.38 |
10/27/09 |
$21.05 |
1.9 |
-10.0% |
| China Automotive Systems |
CAAS |
10/09/09 |
$10.51 |
10/26/09 |
$11.65 |
2.4 |
+10.8% |
| S&P Depositary Receipt |
SPY |
10/09/09 |
$107.12 |
10/23/09 |
$108.01 |
2.0 |
+0.8% |
| S&P Depositary Receipt |
SPY |
10/06/09 |
$105.96 |
10/23/09 |
$108.01 |
2.4 |
+1.9% |
| Zhongpin, Inc. |
HOGS |
09/08/09 |
$11.75 |
10/23/09 |
$15.17 |
6.4 |
+29.1% |
| Tongxin International |
TXIC |
10/08/09 |
$10.94 |
10/20/09 |
$10.47 |
1.7 |
-4.3% |
| RINO International Corp. |
RINO |
09/17/09 |
$14.10 |
10/19/09 |
$22.98 |
4.6 |
+62.9% |
| S&P Depositary Receipt |
SPY |
10/06/09 |
$105.96 |
10/19/09 |
$109.70 |
1.9 |
+3.5% |
| 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% |
* 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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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.
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