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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: +61.3% for the 60 months ending September 3, 2010 (vs. +0.4% for the S&P)
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For complete performance data, click here
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| Vol.8 #202 |
Saturday, September 4, 2010 |
4:35PM 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 September 3, 2010 |
+2.8% * |
+0.3% |
| 12 months (Sep 3, 2009 to Sep 3, 2010) |
+15.2% * |
+12.2% |
| 24 months (Sep 3, 2008 to Sep 3, 2010) |
+6.7% * |
-9.2% |
| 36 months (Sep 3, 2007 to Sep 3, 2010) |
+8.6% * |
-19.9% |
| 48 months (Sep 3, 2006 to Sep 3, 2010) |
+25.6% * |
-8.4% |
| 60 months (Sep 3, 2005 to Sep 3, 2010) |
+61.3% * |
+0.4% |
* 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 September 1, 2010)
Last week was a banner week by every measure, especially for Deen Capital
client accounts. Last week:
* The S&P 500 scored a huge gain, +3.8%, thanks to big up moves on
Wednesday, Thursday and Friday.
* I turned bullish Wednesday morning.
* Deen Capital client accounts fared even better, gaining +4.8% on average.
* Year-to-date performance shifted from negative back to positive, for both
Deen Capital and the S&P. The YTD scorecard now reads: Deen Capital +2.8%,
S&P +0.3%.
* My indicators shifted from overall bearish to unanimously bullish. My
NASDAQ Timing Model gave a bullish signal at Wednesday's close.
In my opinion, the change of the calendar, from August to September, also
marks a change in market psychology, from negative to positive. This new
positive mood should last, I expect, for at least a few more weeks.
September is historically the worst month for stocks. Perhaps, knowing
this, everyone did all their selling this year in August.
We are now aggressively positioned. Our portfolio is now some 40% more
volatile than the market. This is appropriate under healthy market
conditions.
My Three Primary Technical Indicators:
Prior week Now
---------- -------
NASDAQ Timing Model (Ver.10r): BEARISH BULLISH (1)
Last signal: BULLISH on Sep 1, 2010
Performance of Recent Stock Picks: -1.4 BEARISH +6.7 BULLISH (2)
Market Internals: 52% NEUTRAL 74% BULLISH (3)
-----------------------------------------------------------------------
Market's Overall Technical Rating: BEARISH BULLISH
Stocks:Cash ratio (average): 52:48 97:3
(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, September 4, 2010
Typical Client Portfolio
| Company Name |
Stock
Symbol |
Buy
Date |
NetBuy
Price* |
Current
Price |
Weeks
Held |
% of
Portfolio |
Gain
(Loss) |
| Ulta Salon, Cosmetics |
ULTA |
09/03/10 |
$25.88 |
$26.30 |
0.0 |
6.0% |
+1.6% |
| Spreadtrum Communications |
SPRD |
09/02/10 |
$11.85 |
$12.32 |
0.1 |
4.0% |
+4.0% |
| S&P Depositary Receipt |
SPY |
09/01/10 |
$106.98 |
$110.89 |
0.3 |
19.5% |
+3.7% |
| G-III Apparel Group, Ltd |
GIII |
09/01/10 |
$28.27 |
$30.00 |
0.3 |
6.2% |
+6.1% |
| Cirrus Logic Inc. |
CRUS |
09/01/10 |
$16.39 |
$17.38 |
0.3 |
6.2% |
+6.0% |
| S&P Depositary Receipt |
SPY |
08/30/10 |
$106.83 |
$110.89 |
0.6 |
19.9% |
+3.8% |
| S&P Depositary Receipt |
SPY |
08/27/10 |
$106.60 |
$110.89 |
1.0 |
18.9% |
+4.0% |
| VeriFone Systems, Inc. |
PAY |
08/26/10 |
$24.45 |
$26.56 |
1.1 |
5.2% |
+8.7% |
| Radiant Systems Inc. |
RADS |
08/12/10 |
$15.84 |
$19.19 |
3.1 |
5.8% |
+21.1% |
| Nanometrics Inc. |
NANO |
08/12/10 |
$12.59 |
$14.20 |
3.1 |
5.5% |
+12.8% |
| Cash |
2.8% |
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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 |
08/27/10 |
$106.60 |
09/02/10 |
$109.14 |
0.9 |
+2.4% |
| GT Solar International, Inc. |
SOLR |
08/05/10 |
$7.78 |
08/31/10 |
$7.77 |
3.7 |
-0.1% |
| ZST Digital Networks, Inc. |
ZSTN |
08/17/10 |
$7.11 |
08/23/10 |
$5.96 |
0.9 |
-16.2% |
| Industrial Svcs of America |
IDSA |
08/18/10 |
$16.67 |
08/23/10 |
$14.14 |
0.7 |
-15.1% |
| S&P Depositary Receipt |
SPY |
08/17/10 |
$109.98 |
08/20/10 |
$107.23 |
0.4 |
-2.5% |
| Fossil Inc. |
FOSL |
08/10/10 |
$45.71 |
08/16/10 |
$42.59 |
0.9 |
-6.8% |
| Ballantyne Strong, Inc. |
BTN |
08/09/10 |
$9.32 |
08/13/10 |
$8.38 |
0.6 |
-10.1% |
| Ancestry.com Inc. |
ACOM |
07/30/10 |
$19.82 |
08/13/10 |
$19.02 |
2.0 |
-4.0% |
| Ultra Clean Holdings |
UCTT |
07/27/10 |
$10.50 |
08/11/10 |
$9.68 |
2.1 |
-7.8% |
| Skyworks Solutions |
SWKS |
07/30/10 |
$17.62 |
08/11/10 |
$17.16 |
1.7 |
-2.6% |
| Radiant Systems Inc. |
RADS |
08/06/10 |
$16.40 |
08/11/10 |
$15.74 |
0.7 |
-4.0% |
| Priceline.com Inc. |
PCLN |
08/04/10 |
$283.86 |
08/11/10 |
$287.63 |
1.0 |
+1.3% |
| Nova Measuring Instruments |
NVMI |
08/03/10 |
$6.25 |
08/11/10 |
$5.66 |
1.1 |
-9.5% |
| Informatica Corp. |
INFA |
07/26/10 |
$31.21 |
08/11/10 |
$29.23 |
2.3 |
-6.4% |
| iGATE Corp. |
IGTE |
07/19/10 |
$16.02 |
08/11/10 |
$15.42 |
3.3 |
-3.7% |
| Herbalife Ltd. |
HLF |
08/04/10 |
$54.77 |
08/11/10 |
$55.12 |
1.0 |
+0.6% |
| DDi Corp. |
DDIC |
08/02/10 |
$9.48 |
08/11/10 |
$8.24 |
1.3 |
-13.1% |
| Cytec Industries Inc. |
CYT |
07/21/10 |
$50.06 |
08/11/10 |
$47.96 |
3.0 |
-4.2% |
| Advanced Energy Industries |
AEIS |
07/26/10 |
$17.20 |
08/11/10 |
$15.93 |
2.3 |
-7.4% |
| Adtran Inc. |
ADTN |
07/14/10 |
$31.03 |
08/11/10 |
$30.27 |
4.0 |
-2.5% |
| S&P Depositary Receipt |
SPY |
07/22/10 |
$109.60 |
08/10/10 |
$112.30 |
2.7 |
+2.5% |
| S&P Depositary Receipt |
SPY |
07/22/10 |
$109.60 |
08/05/10 |
$112.37 |
2.0 |
+2.5% |
| Old Dominion Freight |
ODFL |
07/28/10 |
$40.52 |
08/05/10 |
$37.42 |
1.1 |
-7.7% |
| Cirrus Logic Inc. |
CRUS |
07/20/10 |
$18.04 |
08/05/10 |
$19.71 |
2.3 |
+9.2% |
| S&P Depositary Receipt |
SPY |
07/22/10 |
$109.60 |
08/04/10 |
$112.86 |
1.9 |
+3.0% |
| S&P Depositary Receipt |
SPY |
07/22/10 |
$109.60 |
08/02/10 |
$112.66 |
1.6 |
+2.8% |
| S&P Depositary Receipt |
SPY |
07/22/10 |
$109.60 |
07/30/10 |
$110.73 |
1.1 |
+1.0% |
| S&P Depositary Receipt |
SPY |
07/22/10 |
$109.60 |
07/27/10 |
$111.29 |
0.7 |
+1.5% |
| Cyberonics Inc. |
CYBX |
07/20/10 |
$21.69 |
07/27/10 |
$23.87 |
1.0 |
+10.1% |
| S&P Depositary Receipt |
SPY |
07/08/10 |
$107.20 |
07/16/10 |
$106.63 |
1.1 |
-0.5% |
| S&P Depositary Receipt |
SPY |
07/06/10 |
$103.73 |
07/16/10 |
$106.63 |
1.4 |
+2.8% |
| S&P Depositary Receipt |
SPY |
06/28/10 |
$107.83 |
07/16/10 |
$106.63 |
2.6 |
-1.1% |
| Tibco Software Inc. |
TIBX |
06/25/10 |
$12.82 |
07/06/10 |
$11.92 |
1.6 |
-7.1% |
| SMART Modular Technologies |
SMOD |
06/18/10 |
$6.79 |
06/29/10 |
$6.02 |
1.6 |
-11.4% |
| iGATE Corp. |
IGTE |
06/17/10 |
$13.90 |
06/29/10 |
$13.26 |
1.7 |
-4.6% |
| Entropic Communications |
ENTR |
06/21/10 |
$6.41 |
06/29/10 |
$6.38 |
1.1 |
-0.5% |
| Deckers Outdoor Corp. |
DECK |
06/17/10 |
$161.60 |
06/29/10 |
$143.38 |
1.7 |
-11.3% |
| Cirrus Logic Inc. |
CRUS |
06/16/10 |
$15.53 |
06/29/10 |
$16.01 |
1.9 |
+3.1% |
| American Public Education |
APEI |
06/17/10 |
$47.56 |
06/29/10 |
$44.36 |
1.7 |
-6.7% |
| 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% |
* 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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