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The Deen's ListTM
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A service of Deen Capital Management, Inc. (www.deencapital.com)
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Our goal: Outperform the S&P 500 in both up markets and down.
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Our result: +59.0% for the 60 months ending June 25, 2010 (vs. -0.0% for the S&P)
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For complete performance data, click here
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| Vol.8 #142 |
Saturday, June 26, 2010 |
1:36PM EDT |
Please read carefully our disclaimers at the end of this newsletter.
Weekly Status Report: Contents
Typical Client Performance
Market Commentary
Typical Client Portfolio
Stocks Sold Over Past 13 Weeks
Subscription Information
Privacy Policy
Disclaimers
Contact Us
Typical Client Performance
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Deen Capital |
S&P 500 |
| Year-to-date as of June 25, 2010 |
+3.4% * |
-2.6% |
| 12 months (Jun 25, 2009 to Jun 25, 2010) |
+20.8% * |
+19.3% |
| 24 months (Jun 25, 2008 to Jun 25, 2010) |
+2.4% * |
-14.6% |
| 36 months (Jun 25, 2007 to Jun 25, 2010) |
+9.2% * |
-23.2% |
| 48 months (Jun 25, 2006 to Jun 25, 2010) |
+29.6% * |
-5.9% |
| 60 months (Jun 25, 2005 to Jun 25, 2010) |
+59.0% * |
-0.0% |
* 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: BEARISH (since June 25, 2010)
I turned bullish one week ago (June 18), but that, turns out, was a mistake.
The S&P gave back -3.6%, and Deen Capital accounts lost even more, -3.8%.
My #1 reason for turning bullish one week ago has evaporated. My stock-picks
indicator, bullish then, is bearish now. And so, yesterday, Friday, June 25,
I turned bearish and raised our cash level substantially.
On the other hand, I would not want to bet on the market going down from
here. The market was down every day last week except Friday. Friday was may
have been a key turning point. The market was up only modestly, but volume
was extremely heavy. Such volume hints at a possible change in market
direction.
In other words, even though my indicators do not show it, I think there is a
fair to good chance that the market hit bottom yesterday and will start
trending higher next week.
We are now only 35% in stocks, I'm officially bearish, and yet I am open
to increasing that exposure.
By the way, year-to-date, the scorecard reads: Deen Capital +3.4%, S&P
-2.6%.
My Three Primary Technical Indicators:
Prior week Now
---------- -------
NASDAQ Timing Model (Ver.10r): BEARISH BEARISH
(1) Last signal: BEARISH on Apr 27, 2010
Performance of Recent Stock Picks: +7.4 BULLISH +1.7 BEARISH (2)
Market Internals: 40% NEUTRAL 35% NEUTRAL (3)
-----------------------------------------------------------------------
Market's Overall Technical Rating: NEUTRAL BEARISH
Stocks:Cash ratio (average): 91:9 35:65
(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, June 26, 2010
Typical Client Portfolio
| Company Name |
Stock
Symbol |
Buy
Date |
NetBuy
Price* |
Current
Price |
Weeks
Held |
% of
Portfolio |
Gain
(Loss) |
| Tibco Software Inc. |
TIBX |
06/25/10 |
$12.82 |
$12.56 |
0.0 |
4.9% |
-2.1% |
| Entropic Communications |
ENTR |
06/21/10 |
$6.41 |
$6.29 |
0.6 |
5.1% |
-1.9% |
| SMART Modular Technologies |
SMOD |
06/18/10 |
$6.79 |
$6.40 |
1.0 |
4.9% |
-5.8% |
| iGATE Corp. |
IGTE |
06/17/10 |
$13.90 |
$13.90 |
1.1 |
5.1% |
+0.0% |
| Deckers Outdoor Corp. |
DECK |
06/17/10 |
$161.60 |
$155.05 |
1.1 |
4.9% |
-4.1% |
| American Public Education |
APEI |
06/17/10 |
$47.56 |
$45.42 |
1.1 |
4.9% |
-4.5% |
| Cirrus Logic Inc. |
CRUS |
06/16/10 |
$15.53 |
$16.76 |
1.3 |
5.6% |
+7.9% |
| Cash |
64.7% |
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| Total |
100% |
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* Buy prices shown are net after commissions.
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 |
06/18/10 |
$111.71 |
06/25/10 |
$108.08 |
1.0 |
-3.2% |
| S&P Depositary Receipt |
SPY |
06/16/10 |
$111.99 |
06/25/10 |
$108.08 |
1.3 |
-3.5% |
| S&P Depositary Receipt |
SPY |
06/15/10 |
$111.85 |
06/25/10 |
$108.08 |
1.4 |
-3.4% |
| Avago Technologies Ltd. |
AVGO |
06/16/10 |
$22.84 |
06/24/10 |
$21.11 |
1.1 |
-7.6% |
| S&P Depositary Receipt |
SPY |
06/09/10 |
$107.29 |
06/09/10 |
$106.63 |
0.0 |
-0.6% |
| Maidenform Brands |
MFB |
05/13/10 |
$25.03 |
05/20/10 |
$22.77 |
1.0 |
-9.0% |
| Local.com Corp. |
LOCM |
04/26/10 |
$8.16 |
05/14/10 |
$8.26 |
2.6 |
+1.3% |
| Idexx Labs |
IDXX |
04/23/10 |
$66.72 |
05/14/10 |
$64.22 |
3.0 |
-3.7% |
| S&P Depositary Receipt |
SPY |
05/10/10 |
$116.63 |
05/13/10 |
$116.31 |
0.4 |
-0.3% |
| DG FastChannel, Inc. |
DGIT |
05/06/10 |
$40.93 |
05/13/10 |
$41.28 |
1.0 |
+0.8% |
| ResMed Inc. |
RMD |
05/04/10 |
$67.71 |
05/07/10 |
$63.21 |
0.4 |
-6.6% |
| RF Micro Devices |
RFMD |
04/29/10 |
$5.97 |
05/06/10 |
$5.21 |
1.0 |
-12.6% |
| Western Digital Corp. |
WDC |
04/26/10 |
$44.18 |
05/04/10 |
$40.42 |
1.1 |
-8.5% |
| Tupperware Brands Corp. |
TUP |
04/21/10 |
$53.53 |
04/28/10 |
$51.17 |
1.0 |
-4.4% |
| S&P Depositary Receipt |
SPY |
04/20/10 |
$120.57 |
04/28/10 |
$119.04 |
1.1 |
-1.3% |
| S&P Depositary Receipt |
SPY |
04/19/10 |
$119.61 |
04/28/10 |
$119.04 |
1.3 |
-0.5% |
| Dollar Tree Inc. |
DLTR |
03/02/10 |
$55.85 |
04/28/10 |
$61.41 |
8.1 |
+9.9% |
| Bed Bath & Beyond |
BBBY |
04/08/10 |
$46.72 |
04/28/10 |
$46.54 |
2.9 |
-0.4% |
| Teradyne Inc. |
TER |
04/22/10 |
$13.06 |
04/27/10 |
$12.58 |
0.7 |
-3.7% |
| Nu Skin Enterprises Inc. |
NUS |
03/08/10 |
$29.35 |
04/27/10 |
$32.68 |
7.1 |
+11.4% |
| S&P Depositary Receipt |
SPY |
04/19/10 |
$119.61 |
04/26/10 |
$121.36 |
1.0 |
+1.5% |
| S X C Health Solutions |
SXCI |
03/04/10 |
$57.87 |
04/21/10 |
$67.06 |
6.9 |
+15.9% |
| TRW Automotive Holdings |
TRW |
02/25/10 |
$26.14 |
04/19/10 |
$31.93 |
7.6 |
+22.2% |
| Systemax Inc. |
SYX |
03/11/10 |
$20.10 |
04/19/10 |
$22.14 |
5.6 |
+10.1% |
| Lululemon Athletica Inc. |
LULU |
03/25/10 |
$40.22 |
04/19/10 |
$42.15 |
3.6 |
+4.8% |
| Kulicke And Soffa |
KLIC |
03/16/10 |
$6.98 |
04/19/10 |
$8.10 |
4.9 |
+16.0% |
| Harbin Electric Inc. |
HRBN |
04/05/10 |
$23.35 |
04/19/10 |
$21.96 |
2.0 |
-5.9% |
| Cirrus Logic Inc. |
CRUS |
04/01/10 |
$8.46 |
04/19/10 |
$9.78 |
2.6 |
+15.7% |
| LivePerson Inc. |
LPSN |
03/12/10 |
$7.78 |
04/16/10 |
$8.54 |
5.0 |
+9.9% |
| Integrated Silicon Solutions |
ISSI |
03/23/10 |
$8.78 |
04/16/10 |
$10.84 |
3.4 |
+23.4% |
| China Info Security Tech |
CPBY |
04/06/10 |
$6.97 |
04/16/10 |
$6.42 |
1.4 |
-7.9% |
| China-Biotics Inc. |
CHBT |
03/19/10 |
$18.67 |
04/16/10 |
$17.43 |
4.0 |
-6.6% |
| SMART Modular Technologies |
SMOD |
03/26/10 |
$8.03 |
04/15/10 |
$7.64 |
2.9 |
-4.9% |
| City Telecom (H.K.) Ltd. |
CTEL |
03/22/10 |
$15.29 |
04/15/10 |
$14.78 |
3.4 |
-3.4% |
| American Public Education |
APEI |
02/25/10 |
$43.20 |
04/14/10 |
$45.24 |
6.9 |
+4.7% |
| Jazz Pharmaceuticals Inc. |
JAZZ |
03/05/10 |
$11.78 |
04/13/10 |
$11.25 |
5.6 |
-4.5% |
| Health Management Assoc, Inc |
HMA |
03/22/10 |
$8.85 |
04/07/10 |
$8.50 |
2.3 |
-4.0% |
| Lincoln Educational |
LINC |
03/03/10 |
$24.55 |
04/05/10 |
$25.00 |
4.7 |
+1.8% |
| Power Integrations Inc. |
POWI |
03/01/10 |
$38.02 |
04/01/10 |
$40.48 |
4.4 |
+6.5% |
| Altisource Portfolio Slns SA |
ASPS |
03/26/10 |
$23.42 |
03/31/10 |
$22.37 |
0.7 |
-4.5% |
| Apple, Inc. |
AAPL |
01/27/10 |
$207.85 |
03/31/10 |
$234.92 |
9.0 |
+13.0% |
| Sirona Dental Systems |
SIRO |
02/16/10 |
$35.89 |
03/30/10 |
$37.95 |
6.0 |
+5.7% |
* Buy and sell prices shown are net after commissions. 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 © 2010 Deen Capital Management, Inc.
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