On Our Radar · Uncategorized

Portfolio Update – 2016/08/14

Almost half of August has passed, and it has been typical slow summer trading thus far. One theme stands out for us – After a high flying July which witnessed large number of breakout stocks, many of them are pulling back to test their breakout areas. As they go on our radar, we have been posting technical charts on StockTwits.

One fresh target on Friday is NUE, which is closing in on its breakout area near the 50 dollar handle:

20160814-NUE

On a broader level, Utilities and REITs are sectors that are generically pulling back after sharp up moves in the last 2 months post Brexit drama which led to rates plummeting, and now a slew of stocks within the two sectors are retracing back towards their respective breakout areas. In our Momentum Growth portfolio, we began buying the dip as many began to get oversold. We sold HAS on Friday after holding for 1 month for 3% gain.

Symbol Name Sector Initiate Date Initiate Price Current Price Return % Daily Chg%
HAS Hasbro Inc. Consumer Discretionary 2016-07-18 79.82 82.42 3.26% -0.52%

 

Here is our portfolio holdings:

Symbol Name Sector Initiate Date Initiate Price Current Price Since Initiate % Daily Chg%
DLR Digital Realty Trust Financials 2016-07-21 102.06 103.24 1.16% 1.57%
RRC Range Resources Corp. Energy 2016-07-21 40.7 38.75 -4.79% 0.62%
TSCO Tractor Supply Company Consumer Discretionary 2016-07-21 89.74 86.45 -3.67% 0.26%
EOG EOG Resources Energy 2016-07-25 78.75 91.2 15.81% 1.02%
APA Apache Corporation Energy 2016-07-25 51.97 49.01 -5.7% -1.17%
MRO Marathon Oil Corp. Energy 2016-07-25 13.58 14.72 8.39% 1.87%
COG Cabot Oil & Gas Energy 2016-07-25 23.57 25.08 6.41% 2.12%
CCI Crown Castle International Corp. Financials 2016-07-26 96.74 96.52 -0.23% 0.26%
CAG ConAgra Foods Inc. Consumer Staples 2016-07-26 46.65 46.58 -0.15% 0.93%
OKE ONEOK Energy 2016-07-26 45.32 46.85 3.38% 1.6%
MUR Murphy Oil Energy 2016-07-27 27.8 28.66 3.09% 0.28%
NFX Newfield Exploration Co Energy 2016-07-27 42.07 46.88 11.43% -0.7%
XEC Cimarex Energy Energy 2016-07-27 113.21 130.77 15.51% 0.75%
BCR Bard (C.R.) Inc. Health Care 2016-07-28 224.25 222.5 -0.78% -0.27%
NOC Northrop Grumman Corp. Industrials 2016-07-28 217.23 218.21 0.45% 0.1%
UHS Universal Health Services, Inc. Health Care 2016-07-28 129.98 126.37 -2.78% -0.35%
WM Waste Management Inc. Industrials 2016-07-29 66.12 66.67 0.83% -0.22%
TSS Total System Services Information Technology 2016-07-29 50.92 48.83 -4.1% 0.6%
MMC Marsh & McLennan Financials 2016-07-29 65.75 67.39 2.49% 0.03%
EQT EQT Corporation Energy 2016-08-01 70.68 68.32 -3.34% 0.01%
APC Anadarko Petroleum Corp Energy 2016-08-01 51.85 54.28 4.69% 0.5%
MJN Mead Johnson Consumer Staples 2016-08-02 87.29 88.95 1.9% 0.19%
DHI D. R. Horton Consumer Discretionary 2016-08-02 32.09 32.16 0.22% -0.59%
MDT Medtronic plc Health Care 2016-08-03 86.67 87.54 1% -0.3%
PFE Pfizer Inc. Health Care 2016-08-03 35.29 34.98 -0.88% -0.48%
PAYX Paychex Inc. Information Technology 2016-08-03 58.51 60.03 2.6% 0.22%
RSG Republic Services Inc Industrials 2016-08-03 50.77 51.71 1.85% -0.19%
PDCO Patterson Companies Health Care 2016-08-04 47.36 45.97 -2.93% -0.95%
AWK American Water Works Company Inc Utilities 2016-08-04 80.15 77.76 -2.98% -0.09%
BDX Becton Dickinson Health Care 2016-08-04 171.53 173.98 1.43% -1.54%
ALB Albemarle Corp Materials 2016-08-04 82.12 83.01 1.08% 0.52%
IRM Iron Mountain Incorporated Industrials 2016-08-04 37.95 37.16 -2.08% 0.32%
CNP CenterPoint Energy Utilities 2016-08-05 22.67 22.57 -0.44% -0.57%
EQIX Equinix Information Technology 2016-08-05 365.5 369.04 0.97% 0.35%
HSIC Henry Schein Health Care 2016-08-09 164.55 165.46 0.55% -1.19%
SRE Sempra Energy Utilities 2016-08-09 106.39 106.99 0.56% 0%
DUK Duke Energy Utilities 2016-08-10 83.79 83.49 -0.36% -0.5%
EXC Exelon Corp. Utilities 2016-08-10 35.53 34.94 -1.66% 0.37%
SPG Simon Property Group Inc Financials 2016-08-11 214.55 215.22 0.31% 0.31%
MAC Macerich Financials 2016-08-11 84.23 84.48 0.3% 0.3%
KIM Kimco Realty Financials 2016-08-11 30.42 30.5 0.26% 0.26%
GGP General Growth Properties Inc. Financials 2016-08-11 29.66 29.95 0.98% 0.98%
DOW Dow Chemical Materials 2016-08-12 52.33 52.33 0% 0%
NUE Nucor Corp. Materials 2016-08-12 50.69 50.69 0% 0%
WY Weyerhaeuser Corp. Financials 2016-08-12 31.86 31.86 0% 0%
Total 1.13% 0.16%

Despite groundhog days, it is indeed an interesting market as even though broad market indices are grinding at record highs, underneath we are numerous breakout stocks are pulling back modestly. We are in the camp of buying the dips as underlying trend is still positive, and we are confident to continue outperforming the broad market.

Weekly Performance (*excluding dividend)

Date Portfolio Daily % Portfolio YTD % # Holdings SPX SPX Daily % SPX YTD  %
2016-08-12 0.16% 18.41% 43 2184.05 -0.08% 6.13%
2016-08-11 0.74% 18.23% 41 2185.79 0.47% 6.22%
2016-08-10 -0.29% 17.37% 37 2175.49 -0.29% 5.72%
2016-08-09 -0.17% 17.71% 35 2181.74 0.04% 6.02%
2016-08-08 -0.15% 17.91% 36 2180.89 -0.09% 5.98%
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