Stock Picking Review

by billb 5. August 2007 11:36
As mentioned, the RightEdge release consumed quite a bit of time last week, but I did manage to keep the picks going with one catch. My real account had fills towards the end of the session on July 31st and then throughout the morning on the 1st to enter my new positions. However, the Marketocracy paper trader account had a bug and didn't allow me to get my positions closed until Friday morning. This is obviously going to cause a bit of a skew between paper and reality, however, I think there was a lot of movement back and forth and not much else.
 
Here's the final results for July.
 

Symbol

Opening Price

Closing Price

Final P/L

ATW

$69.56

$69.37

-0.27%

ICOC

$10.79

$10.21

-5.38%

MICC

$93.09

$81.81

-12.12%

NE

$98.64

$103.59

5.02%

NVDA

$41.98

$45.70

8.86%

SONE

$8.01

$7.33

-8.49%

VMI

$73.16

$76.94

5.17%

 

 

 

-1.03%

 
I beat the indexes quite nicely. The DJIA was down 2.10% in July, S&P 500 shed the most at 3.26% and Nasdaq clocked in with a 2.71% loss.
 
Now onto August. Here are the new picks and the prices I was filled at on August 1st.

 

Symbol

Opening Price

Last Week's Price

This Week's Price

P/L Week

P/L Total

BAP

$63.79

$63.79

$66.06

3.56%

3.56%

GRMN

$88.39

$88.39

$98.89

11.88%

11.88%

IHS

$47.49

$47.49

$46.22

-2.67%

-2.67%

JNS

$29.70

$29.70

$30.42

2.42%

2.42%

MICC

$81.09

$81.09

$76.86

-5.22%

-5.22%

NE

$102.49

$102.49

$98.96

-3.44%

-3.44%

RIMM

$212.26

$212.26

$219.50

3.41%

3.41%

SII

$60.89

$60.89

$57.47

-5.62%

-5.62%

NVDA

$45.70

$45.70

$42.58

-6.83%

-6.83%

 

 

 

 

-0.28%

-0.28%

 

NVDA, MICC and NE are carryovers from the previous month. I inadvertently closed all positions but NVDA on July 31st, but re-opened them on the 1st. I'm not sure if that's a bad or a good thing.
 
Since August 1st, the DJIA is down 0.23%, the S&P 500 is down 0.34% and the Nasdaq Composite is 1.06% lighter.
 

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