DARK HORSE HEDGE – Take It On The Run
by ilene - September 16th, 2010 2:35 pm
DARK HORSE HEDGE – Take It On The Run
By Scott at Sabrient and Dark Horse Hedge, and Ilene at PSW and Dark Horse Hedge
Heard it from a friend who, heard it from a friend who
Heard it from another you been messin’ around
…
They’re talkin’ about you and it’s bringin’ me down
But I know the neighborhood
And talk is cheap when the story is good
And the tales grow taller on down the line
But I’m telling you, babe, that I don’t think it’s true, babe
And even if it is keep this in mind
That was fast. We’re going to smile and take it on the run, for another 9% in 3 days on our HUSA short.
BUY TO COVER HUSA short at the market, Thursday, September 16, 2010.
And to quote the Terminator “I’ll be back.”
Take it on the Run – REO SPEEDWAGON
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How to Buy Quality Stocks for a 10%-20% Discount & Get $500
by Sabrient - September 2nd, 2010 4:02 pm
Scott Brown at Sabrient has set up a deal with OptionsXpress for those who want to subscribe to PSW and/or Sabrient, and open an account at OptionsXpress. Here’s the OptionsXpress deal, first with Sabrient. The same deal is available for new and renewing Phil’s Stock World subscribers. (Keep reading below.) - Ilene
How to Make Money in Stocks and Still Sleep Well at Night … and Get $500!
In this wild and crazy market of 2010 the Sabrient Investor’s (H)Edge Virtual Portfolio is UP +6.74% YTD while the S&P 500 is DOWN -0.91%! The Sabrient Investor’s (H)Edge Virtual Portfolio is a balanced long/short virtual portfolio which aims protects our subscribers in ALL markets.
How?
Based on Sabrient’s highly predictive Company Outlook Rank, we can identify the fundamentally strongest stocks with the best valuations and the most upside potential, as well as the fundamentally weakest stocks that should lag no matter what the market does. The resulting long/short virtual portfolio lets you capture the performance spread between the longs & shorts.
A balanced long/short virtual portfolio like Sabrient’s Investor’s (H)Edge is a great approach to a volatile, unpredictable market. Every Thursday, David Brown reviews one long and one short, and either renews or replaces the stocks, depending on their current rankings and fundamentals. Take a look at the latest selections HERE - And click the 2009 Virtual Portfolio link on that page to see all the trades from last year.
Our backtested, forward-tested and time-tested strategies have averaged +34.1% per year since 2000, providing safety in the 2008 meltdown and on virtually every down-market day in the past two years. The Investors’ (H)edge virtual portfolio has a beta of .25, an alpha of 28.6% and a Sharpe ratio of 1.36, and is designed to profit from both up and down market moves.
The Sabrient Platinum Subscription:
Investor’s (H)Edge Virtual Portfolio is part of our Platinum Subscription, which also includes:
• The Select Opportunity Virtual Portfolio, a long/short virtual portfolio for active traders, which is averaging 3.5% per stock trade, with an average holding time in each trade of 16 days.
• MyStockFinder, a powerful stock search program for finding stocks that match your particular investing requirements, such as stocks with high insider buying or recent analyst upgrades; stocks with high growth rates or strong dividend yields.
• The Sabrient Ratings Reports that let you see at a glance how Sabrient rates a stock, any stock…
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DARK HORSE HEDGE – Any way the wind blows, doesn’t really matter
by ilene - September 1st, 2010 2:23 pm
Housing-keeping note: Thanks to WordPress’s destruction of Phil’s Favorites site (and replacement with an invite to sign up for its service!), I’ve been relocating my blog to TypePad. Benefits: it looks better, is very user friendly and offers an easy way to search archives for any topic. One unique feature is that while exploring the internet, I can simply click on a button to post an excerpt of an interesting article with a link to the full article. That ability allows me to post links to articles that are worth reading when I do not have reprinting permission, such as articles from major news sources.
The new Favorites site is here. I’ve also created a website for Dark Horse Hedge, here. - Ilene
DARK HORSE HEDGE – Any Way the Wind Blows, Doesn’t Really Matter
By Scott Brown at Sabrient & Ilene at Phil’s Stock World
Is this the real life?
Is this just fantasy?
Caught in a landslide
No escape from reality
Open your eyes
Look up to the skies and see
I’m just a poor boy (Poor boy)
I need no sympathy
Because I’m easy come, easy go
Little high, little low
Any way the wind blows
Doesn’t really matter to me, to me
*****
Ilene and I started the Dark Horse Hedge on July 1, 2010 with the goal of helping self-directed investors weather any storm, no matter which way the wind was blowing. Today completes the second month of publishing the Dark Horse Hedge and we thought it would be a good time to review.
The…
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Phil’s Favorites New Blog
by ilene - August 30th, 2010 2:16 pm
WordPress, without notice or warning, deactivated the "Phil’s Favorites" blog. I’m unable to reach anyone that might help me get the blog back. So, having little hope early on, I’ve been recreating my TypePad blog and importing Favorites files onto that site. I also created a sister blog for Dark Horse Hedge, the virtual portfolio Scott (at Sabrient) and I are managing using Sabrient’s research and Phil’s buy/write strategy.
Here’s a link to the new Phil’s Favorites: http://ilene.typepad.com/ourfavorites/
Here’s Dark Horse Hedge’s new website: http://ilene.typepad.com/dark_horse_hedge/
I’m not finished retrieving all the archives for the Favorites and DHH, as it’s been an amazing amount of work, but I like the appearance of these blogs better and they seem easier to manage. For example, category links on the right site of the page were set up automatically and clicking on a subject brings up posts that have been automatically selected for that category.
*****
For anyone interested, Scott arranged an offer from OptionsXpress to fund new OptionsXpress accounts with $500 for those either trying out a Phil’s Stock World subscription and/or a Sabrient premium subscription.
Click here for details for Phil’s Stock World and here for Sabrient.
p.s. Rev Todd created a new blog for his work, and fortunately it’s a TypePad blog also, here’s the url: http://bloomingcactus.typepad.
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MESA-Sabrient Trading Alerts
by Sabrient - August 11th, 2010 10:42 pm
Here’s the latest from Mesa-Sabrient Trading Alerts: no new positions, summary of open positions, and closing out of EAT long. Sign up for a free trial here. - Ilene
MESA-Sabrient Trading Alerts
Signals generated at end-of-day 8/11/2010 for the open on Thursday, August 12, 2010:
No long entry signals today
Exit long: EAT
No short entry signals today
No short exit (cover) signals today
Open trade summary:
Long FPIC since 7/28/2010, profit: $ -524
Long ALV since 7/28/2010, profit: $ -331
Long EAT since 7/26/2010, profit: $ -425
Short BMTI since 7/14/2010, profit: $ 870
End of report for Wednesday, August 11, 2010
For background on Mesa-Sabrient Trading Alerts, read: The Winners of the Sabrient Technical Challenge Are . . .
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DARK HORSE HEDGE
by Sabrient - August 2nd, 2010 3:14 am
DARK HORSE HEDGE Weekend Catch-Up
By Scott at Sabrient and Ilene at Phil’s Stock World
Hedging into the week of August 2nd, the Dark Horse Hedge (DHH) is in a BALANCED tilt (long to short ratio) with 8 LONG and 8 SHORT positions. We used Phil’s BUY/WRITE strategy to enter two of our LONG positions (IM and GCI) at a 10-20% discount to the market. As you can see from the chart, the SPX wandered between the 50 and 200 day moving averages (MAs) all week before whimpering towards the bottom of the channel Thursday and Friday. The 12-26-9 MACD which is the faster of the 2 technical direction signals we follow has flat-lined at just above +6 and the slower RSI 14-day still remains just below 50.
Without some impressive economic reports coming this week or much better than expected earnings reports, we believe the market will drift down towards and test the 50 day MA. If a bullish tone sets back in, it is doubtful that it could easily push through the 200 day MA. Resistance points as well as the 50 and 200 day MAs all which fit into a fairly narrow trading channel.
[chart from FreeStockCharts.com]
We are happy with the positions we put on in DHH’s first 30 days of existence and we look forward to capturing more profit as the companies report earnings this week. We will continue to take profits "after the news" and rotate into newer, fresher positions while keeping an eye on the overall market to adjust our tilt for maximum Alpha,* which is why we write and read DHH.
Summary of DHH positions in the virtual portfolio
LONG: XRTX, WDC, GCI, IM, DLX, GME, FRZ, and TEO
SHORT: AIV, STI, HUSA, USG, CLDA, TEX, RAIL, and JOE
Read previous DHH actions and follow our latest virtual portfolio moves here. >
*We are aiming to be hedged in our market exposure by being long stocks with the greatest potential to rise and short stocks with the greatest potential to decline. To identify these winner and loser stocks, we use Sabrient’s Value Change Up (VCU) assessment system. Sabrient’s VCU system is a multi-factor quantitative ranking system that scores over 2,000 stocks and allows us to enter LONG positions in the best ranking stocks and SHORT positions in worst ranking stocks.…
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DARK HORSE HEDGE
by ilene - August 2nd, 2010 2:48 am
DARK HORSE HEDGE Weekend Catch-Up
By Scott at Sabrient and Ilene at Phil’s Stock World
Hedging into the week of August 2nd, the Dark Horse Hedge (DHH) is in a BALANCED tilt (long to short ratio) with 8 LONG and 8 SHORT positions. We used Phil’s BUY/WRITE strategy to enter two of our LONG positions (IM and GCI) at a 10-20% discount to the market. As you can see from the chart, the SPX wandered between the 50 and 200 day moving averages (MAs) all week before whimpering towards the bottom of the channel Thursday and Friday. The 12-26-9 MACD which is the faster of the 2 technical direction signals we follow has flat-lined at just above +6 and the slower RSI 14-day still remains just below 50.
Without some impressive economic reports coming this week or much better than expected earnings reports, we believe the market will drift down towards and test the 50 day MA. If a bullish tone sets back in, it is doubtful that it could easily push through the 200 day MA. Resistance points as well as the 50 and 200 day MAs all which fit into a fairly narrow trading channel.
[chart from FreeStockCharts.com]
We are happy with the positions we put on in DHH’s first 30 days of existence and we look forward to capturing more profit as the companies report earnings this week. We will continue to take profits "after the news" and rotate into newer, fresher positions while keeping an eye on the overall market to adjust our tilt for maximum Alpha*, which is why we all write and read DHH.
Summary of DHH positions in the virtual portfolio
LONG: XRTX, WDC, GCI, IM, DLX, GME, FRZ, and TEO
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Sabrient Investor’s (H)edge
by Sabrient - July 31st, 2010 4:38 pm
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DARK HORSE HEDGE – After the BOOM!
by ilene - July 30th, 2010 2:10 pm
DARK HORSE HEDGE – After the BOOM!
Add Clinical Data, Inc. (CLDA) SHORT at the market, 7/30/10
Clinical Data, Inc. operates as a global biotechnology company developing early and late stage targeted therapeutics, as well as genetic and pharmacogenomic tests that detect serious diseases and help predict drug safety, tolerability, and efficacy.
After taking profits on earnings sell-offs from AMAG and BOOM, we are adding Clinical Data, Inc. (CLDA) as the 8th SHORT in our currently BALANCED tilt. CLDA is rated a STRONGSELL by Sabrient with a BALANCE SHEET score barely registering at 1.1 (out of 100) and almost non-existent FUNDAMENTALS score of 0.3 (out of 100). These rosy figures combine with five analysts forecasting a second quarter loss of -$.63. That is coming off a mind-numbing first quarter loss of -$1.44 per share, compared with expectations for only losing -$.63. These negatives provide us with a heavy dose of “preponderance of evidence” to believe CLDA is a reasonable SHORT at the market, Friday July 30, 2010.
*****
EARNINGS UPDATE: Ingram Micro (IM)
Ingram Micro (IM): LONG with Phil’s Buy/Write strategy in DHH virtual portfolio
As expected in our July 26, 2010 post, IM posted better than expected results and higher revenues after the market closed on Thursday. Analysts had been forecasting a profit of +$.37 per share and revenue of $7.9B, but IM delivered a healthy +$.44 per share and revenue of $8.2B. "Every region performed well, with our two largest regions doubling and tripling operating profits on double-digit sales growth," Ingram Micro Chief Executive Gregory Spierkel said in a statement. That is the type of BOOM! (see BOOM! article this morning) statement we like to hear from our long stocks.
We feel very comfortable with the position we put on using Phil’s Buy/Write Strategy. IM is trading +1.67% today at $16.44. Recall that we took in $2.50 in option premium on Monday by selling the December 2010 $17.50 calls and puts. On Monday, we wrote:
Add LONG Ingram Micro (IM) at the market Monday July 26.
We like IM leading into its earnings announcement on July 29, 2010. The 10 analysts covering
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MESA-Sabrient Trading Alerts
by Sabrient - July 27th, 2010 9:08 pm
Here’s the latest from the Mesa-Sabrient Trading Alert Service which is entering four new long positions tomorrow. Sign up for a free trial here. – Ilene
Signals generated at end-of-day 7/27/2010 for the open on Wednesday, July 28, 2010:
- Enter long: ALV
- Enter long: FPIC
- Enter long: GSK
- Enter long: TTWO
No long exit signals today
No short entry signals today
No short exit (cover) signals today
Open trade summary:
Long EXC since 7/27/2010, profit: $ 195
Long EAT since 7/26/2010, profit: $ 117
Short BMTI since 7/14/2010, profit: $ 1180
End of report for Tuesday, July 27, 2010
*********
About the MESA-Sabrient Trading Alerts
The MESA-Sabrient Trading Alerts employ MESA Software’s algorithmic system for trading the stocks in the Sabrient Outlook Rankings.The Outlook Rankings reflect each stock’s relative probability of short-term upside or downside action based on Sabrient’s proprietary quantitative fundamental analysis.
NOTE: New subscribers should ignore the open positions and start their trading with the first entry alert that received.
- The MESA-Sabrient system produces end-of-day trading signals after the market day’s closing bell for execution at the next open. All trades are intended to be placed as market orders on open.
- Exit signals are also specified for each open trade. All trade exits are intended to be placed as market orders at the next open.
- Long signals (buy) are produced from the top quartile of the Sabrient Outlook Rankings and short signals (sell short) are
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Philip R. Davis is a founder Phil's Stock World, a stock and options trading site that teaches the art of options trading to newcomers and devises advanced strategies for expert traders...
Ilene is editor and affiliate program
coordinator for PSW.