Seems the market had different plans after we prepared data on 71 different companies.
The egg on our face is thick and rich.
We were able to trade on parts of the list but needless to say this involved quite a bit of scrambling, but not chasing.
Markets are dynamic as they are constantly changing.
As we have said before opportunities exist... sometimes it takes more of an effort to discover them.
We traded in about a dozen names, ones that failed to fully react to the abrupt clime Monday.
This required scouring for opportunity and repricing away from the analysis we had done the prior weekend.
Static or rather closed markets are wonderful to price trades, it is only when the move that the challenge begins.
We will begin repricing the trades we did this weekend and presented on Monday morning. Honestly, we are looking forward to looking at the pricing changes and adjustments after the strong market move.
Tuesday, November 29, 2011
Monday, November 28, 2011
11/27/11 Symbol AA ABB ADI ADP AEP ALV APD APL AVP AWK AZN BA BAX BHP BMY BWP CAG CAT CCE CF CLX CMC COP CPO CTL CVX D DBD DCI DE EAT EPB EPD ETN ETP
Symbol
AA, ABB,ADI,ADP,AEP,ALV,APD,APL,AVP,AWK,AZN,BA,BAX,BHP,BMY,BWP,CAG,CAT,CCE,CF,CLX,CMC,COP,CPO,CTL,CVX,D,DBD,DCI,DE,EAT,EPB,EPD,ETN,ETP,FCX,GIS,GPC,HI,HNZ,HPQ,INTC,JNJ,KFT,KMP,LLY,LMT,LO,MCD,MLR,MO,MXIM,OLN,PAA,PEP,PG,PH,PM,POT,RAI,RRD,SCCO,SFL,SLE,SMG,SO,SON,STLD,SYY,TAP & UVV
This is quite the large list!
Overall there are 71 stocks in this analysis group.
The sectors are diverse although it shows our bias toward companies that earn tolling fees, mining and parts.
Of the 71 stocks, 10 have SSR's over 5.0% (HI, SFL, MLR, PH, CF, DBD, MXIM, CAT, FCX & AA) - SO is an error due to relational database issues.
Day's Earning has 12 stocks at 20 pbs/day or more (CF, CAT, FCX, AA, SFL, APD, STLD, SCCO, CMC, BHP, ETN & HPQ). With 28 stocks at 15 bps/day or more.
Volatility (^VIX) closed at 34.47 and the S&P closed at 1,128.67.
We know that the morning futures are pricing in a large rally following Asia and Europe's lead. As always, the trades listed will need to be repriced depending on how the spot stock and VIX follow each other.
Symbol Name
AA Alcoa Inc - #5 overall and #4 Days Earning. Mining stocks were hit hard. AA has RVI's ranging from 5-20%. This is cheap.
ABB ABB Ltd
ADI Analog Devices, Inc
ADP Automatic Data Processing, Inc.
AEP American Electric Power
ALV Autoliv, Inc
APD Air Products & Chemicals Inc. - #6 overall and Days Earning. RVI's are 25-40%. Another stock in a sector we like.
APL Atlas Pipeline Partners LP
AVP Avon Products, Inc
AWK American Water Works Company, Inc.
AZN AstraZenica PLC
BA Boeing Company
BAX Baxter International Inc
BHP BHP Biliton Limited
BMY Bristol-Myers Squibb Company
BWP Boardwalk Pipeline Partners LP
CAG ConAgra Foods, Inc
CAT Caterpillar Inc. - #3 overall , #2 Days Earning & SSR. RVI's are 39-49%. Another favorite of ours.
CCE Coca-Cola Enterprises Inc
CF CF Industries Holdings, Inc - #1 Overall and in Days Earning - a stock we have liked for a long time. RVI's are low 30's and 40's.
CLX The Clorox Company
CMC Commercial Metals Company
COP ConocoPhillips
CPO Corn Products International Inc.
CTL CenturyLink, Inc
CVX Chevron Corp.
D Dominion Resources, Inc
DBD Diebold, Inc
DCI Donaldson Company, Inc.
DE Deere & Company
EAT Brinker International, Inc.
EPB El Paso Pipeline Partners, LP
EPD Enterprise Products Partners LP
ETN Eaton Corporation
ETP Energy Transfer Partners L.P.
FCX Freeport McMoRan - #4 overall, #3 Days Earning. This sector has been hit hard as metals/mining were flying high. We see this as a buying opportunity and with RVI's 15-30% it looks cheap.
GIS General Mills, Inc
GPC Genuine Parts Company
HI Hillenbrand Inc Common Stock
HNZ H.J. Heinz Company
HPQ Hewlett-Packard Company
INTC Intel Corporation
JNJ Johnson & Johnson
KFT Kraft Foods Inc.
KMP Kinder Morgan Pipeline
LLY Eli Lilly and Co
LMT Lockheed Martin Corporation
LO Lorillard Inc
MCD McDonald's Corp
MLR Miller Industries, Inc. Common
MO Altria Group Inc.
MXIM Maxim Integrated Products Inc.
OLN Olin Corp
PAA Plains All American Pipeline, L.P.
PEP Pepsico, Inc
PG The Procter & Gamble Company
PH Parker-Hannifon Corp
PM Phillip Morris
POT Potash Corporation of Saskatchewan, Inc
RAI Reynolds American Inc
RRD RR Donnelley & Sons Co
SCCO Southern Copper Corp
SFL Ship Finance International - #2 Overall, #5 Days Earning - tough sector with shipping rates declining. SFL has commitments forward and seems to be suffering with the sector. RVI's are crazy low reflecting the suffering stock price. Dividend pays 12/09.
SLE Sara Lee Corp
SMG The Scotts Miracle-Gro Company
SO The Southern Company - SO data is erroneous due to relational database issues. Corrected information is 12/12 @ 43 = Net 41¢ SSR 0.97% Days Earning 0.51% / 1/20 @ 43 = Net 88¢ SSR 2.07% Days Earning 0.38%.
SON Sonoco Products Co.
STLD Steel Dynamics
SYY Sysco Corporation Common Stock
TAP Molson Coors Brewing Company
UVV Universal Corp Common
Note: the tables shown are embedded .jpg files. This means that you can: 1) double left click them with your mouse to enlarge them, or 2) right click them with your mouse and choose to open them in a new window or tab, print, save, etc.As with everything we post, we may or may not have the stock and/or strategy in place in any one of our portfolios or may add it at any time. We do not make any buy or sell recommendations. We provide basic analytical research, some short commentary of the results and encourage you to do your own thorough due diligence prior to any purchase or sale.
AA, ABB,ADI,ADP,AEP,ALV,APD,APL,AVP,AWK,AZN,BA,BAX,BHP,BMY,BWP,CAG,CAT,CCE,CF,CLX,CMC,COP,CPO,CTL,CVX,D,DBD,DCI,DE,EAT,EPB,EPD,ETN,ETP,FCX,GIS,GPC,HI,HNZ,HPQ,INTC,JNJ,KFT,KMP,LLY,LMT,LO,MCD,MLR,MO,MXIM,OLN,PAA,PEP,PG,PH,PM,POT,RAI,RRD,SCCO,SFL,SLE,SMG,SO,SON,STLD,SYY,TAP & UVV
This is quite the large list!
Overall there are 71 stocks in this analysis group.
The sectors are diverse although it shows our bias toward companies that earn tolling fees, mining and parts.
Of the 71 stocks, 10 have SSR's over 5.0% (HI, SFL, MLR, PH, CF, DBD, MXIM, CAT, FCX & AA) - SO is an error due to relational database issues.
Day's Earning has 12 stocks at 20 pbs/day or more (CF, CAT, FCX, AA, SFL, APD, STLD, SCCO, CMC, BHP, ETN & HPQ). With 28 stocks at 15 bps/day or more.
Volatility (^VIX) closed at 34.47 and the S&P closed at 1,128.67.
We know that the morning futures are pricing in a large rally following Asia and Europe's lead. As always, the trades listed will need to be repriced depending on how the spot stock and VIX follow each other.
Symbol Name
AA Alcoa Inc - #5 overall and #4 Days Earning. Mining stocks were hit hard. AA has RVI's ranging from 5-20%. This is cheap.
ABB ABB Ltd
ADI Analog Devices, Inc
ADP Automatic Data Processing, Inc.
AEP American Electric Power
ALV Autoliv, Inc
APD Air Products & Chemicals Inc. - #6 overall and Days Earning. RVI's are 25-40%. Another stock in a sector we like.
APL Atlas Pipeline Partners LP
AVP Avon Products, Inc
AWK American Water Works Company, Inc.
AZN AstraZenica PLC
BA Boeing Company
BAX Baxter International Inc
BHP BHP Biliton Limited
BMY Bristol-Myers Squibb Company
BWP Boardwalk Pipeline Partners LP
CAG ConAgra Foods, Inc
CAT Caterpillar Inc. - #3 overall , #2 Days Earning & SSR. RVI's are 39-49%. Another favorite of ours.
CCE Coca-Cola Enterprises Inc
CF CF Industries Holdings, Inc - #1 Overall and in Days Earning - a stock we have liked for a long time. RVI's are low 30's and 40's.
CLX The Clorox Company
CMC Commercial Metals Company
COP ConocoPhillips
CPO Corn Products International Inc.
CTL CenturyLink, Inc
CVX Chevron Corp.
D Dominion Resources, Inc
DBD Diebold, Inc
DCI Donaldson Company, Inc.
DE Deere & Company
EAT Brinker International, Inc.
EPB El Paso Pipeline Partners, LP
EPD Enterprise Products Partners LP
ETN Eaton Corporation
ETP Energy Transfer Partners L.P.
FCX Freeport McMoRan - #4 overall, #3 Days Earning. This sector has been hit hard as metals/mining were flying high. We see this as a buying opportunity and with RVI's 15-30% it looks cheap.
GIS General Mills, Inc
GPC Genuine Parts Company
HI Hillenbrand Inc Common Stock
HNZ H.J. Heinz Company
HPQ Hewlett-Packard Company
INTC Intel Corporation
JNJ Johnson & Johnson
KFT Kraft Foods Inc.
KMP Kinder Morgan Pipeline
LLY Eli Lilly and Co
LMT Lockheed Martin Corporation
LO Lorillard Inc
MCD McDonald's Corp
MLR Miller Industries, Inc. Common
MO Altria Group Inc.
MXIM Maxim Integrated Products Inc.
OLN Olin Corp
PAA Plains All American Pipeline, L.P.
PEP Pepsico, Inc
PG The Procter & Gamble Company
PH Parker-Hannifon Corp
PM Phillip Morris
POT Potash Corporation of Saskatchewan, Inc
RAI Reynolds American Inc
RRD RR Donnelley & Sons Co
SCCO Southern Copper Corp
SFL Ship Finance International - #2 Overall, #5 Days Earning - tough sector with shipping rates declining. SFL has commitments forward and seems to be suffering with the sector. RVI's are crazy low reflecting the suffering stock price. Dividend pays 12/09.
SLE Sara Lee Corp
SMG The Scotts Miracle-Gro Company
SO The Southern Company - SO data is erroneous due to relational database issues. Corrected information is 12/12 @ 43 = Net 41¢ SSR 0.97% Days Earning 0.51% / 1/20 @ 43 = Net 88¢ SSR 2.07% Days Earning 0.38%.
SON Sonoco Products Co.
STLD Steel Dynamics
SYY Sysco Corporation Common Stock
TAP Molson Coors Brewing Company
UVV Universal Corp Common
Note: the tables shown are embedded .jpg files. This means that you can: 1) double left click them with your mouse to enlarge them, or 2) right click them with your mouse and choose to open them in a new window or tab, print, save, etc.As with everything we post, we may or may not have the stock and/or strategy in place in any one of our portfolios or may add it at any time. We do not make any buy or sell recommendations. We provide basic analytical research, some short commentary of the results and encourage you to do your own thorough due diligence prior to any purchase or sale.
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