The market pulled back last week and hasn’t been great (except for individual stocks) for the past couple weeks. This is why it is so important to balance your index funds with well-chosen individual stocks. This week the Fed meets and it is quite difficult to judge what will happen after that meeting. This is a good week to be cautious with new investments. It is also a good week to consider taking your initial investment off of the table and let your earnings grow by themselves. I call this strategy GOPM for Grow on Other People’s Money. It is well covered in my book, “The Confident Investor.” I have also written of the basics on this site.
As always, my thoughts should only be used for educational purposes and any decision by the reader to use this information is subject to my disclaimer. In addition to the disclaimer, the stocks mentioned may have changed value from the time I wrote this to the time that you are reading it; therefore, the conclusions below may no longer be valid. The analysis on any investment indicator is always a short-term thought and just by being in this list the stock already is a long-term Good Company or Fair Company and made my Watch List. If you are looking for long-term analysis of the stock, you should look for the stock in the company list that appears to the far right.
My analysis in this article is based on the investment indicator tools that I describe in my book, “The Confident Investor.” If you are not subscribed to this site as a book owner, then you will not be able to see some of the analysis. You can purchase my book wherever books are sold such as Amazon, Barnes and Noble, and Books A Million. It is available in e-book formats for Nook, Kindle, and iPad. After you purchase my book, it is free to subscribe to the extra content on this site.
I will only be commenting on stocks that are ranked as an “Investigate to buy” and Possible buy” on my daily investment indicator article. The most recent daily investment indicator article is from September 13. Those stocks are:
- Agilent Technologies Inc.,
- Apple Inc.,
- Allergan Inc.,
- Akamai Technologies Inc.,
- Balchem Corporation,
- Broadcom Corporation,
- 3D Systems Corporation,
- Deckers Outdoor Corp,
- First Financial Bancorp,
- Fossil Group Inc,
- Harley-Davidson Inc,
- Jarden Corp,
- JPMorgan Chase & Co.,
- KLA-Tencor Corporation,
- Lululemon Athletica inc.,
- Monster Beverage Corp,
- Panera Bread Co,
- Thermo Fisher Scientific Inc.,
- Take-Two Interactive Software Inc.,
- Ulta Salon Cosmetics & Fragrance Inc.,
- Yahoo! Inc.,
Investment Indicator Thoughts
S&P 500
The general S&P 500 (ticker is ^GSPC and the first line of my investment indicator articles). This is the second week in a row that this index was not showing BUY. This is not a good sign. Be very cautious with opening large investments until we get a better trend. If you have made a significant gain in a stock, you may want to consider taking your initial investment off the table. If you are unsure how to do this, it is fully explained in my book The Confident Investor.
NASDAQ Composite
The NASDAQ Composite (the ticker is ^IXIC and the second line of my investment indicator articles). This is the second week in a row that this index was not showing BUY. This is not a good sign. Be very cautious with opening large investments until we get a better trend. If you have made a significant gain in a stock, you may want to consider taking your initial investment off the table. If you are unsure how to do this, it is fully explained in my book The Confident Investor.
Agilent Technologies Inc.
[s2If !current_user_can(access_s2member_level1)]Agilent Technologies Inc. [stckqut]A[/stckqut] saw a break out at the end of the week…
The remainder of this investment indicator analysis is for registered owners of my “The Confident Investor” book[/s2If][s2If current_user_can(access_s2member_level1)]Agilent Technologies Inc. [stckqut]A[/stckqut] saw a break out at the end of the week probably based on some favorable coverage from some analysts. I typically want to wait for a day or two to see if these spikes are real or if it will pull back.[/s2If]
Apple Inc.
[s2If !current_user_can(access_s2member_level1)]Apple Inc. [stckqut]AAPL[/stckqut] had a good week last week with new products that w…
The remainder of this investment indicator analysis is for registered owners of my “The Confident Investor” book[/s2If][s2If current_user_can(access_s2member_level1)]Apple Inc. [stckqut]AAPL[/stckqut] had a good week last week with new products that were generally well received. If you don’t have part of your portfolio in this stock, you should probably consider it even if you use competitors’ products.[/s2If]
Allergan, Inc.
[s2If !current_user_can(access_s2member_level1)]Allergan, Inc. [stckqut]AGN[/stckqut] has had a nice run for a couple weeks. I think …
The remainder of this investment indicator analysis is for registered owners of my “The Confident Investor” book[/s2If][s2If current_user_can(access_s2member_level1)]Allergan, Inc. [stckqut]AGN[/stckqut] has had a nice run for a couple weeks. I think the stock will try to set a new 52-week high soon.[/s2If]
Akamai Technologies, Inc.
[s2If !current_user_can(access_s2member_level1)]Akamai Technologies, Inc. [stckqut]AKAM[/stckqut] is flirting with its 52-week high. …
The remainder of this investment indicator analysis is for registered owners of my “The Confident Investor” book[/s2If][s2If current_user_can(access_s2member_level1)]Akamai Technologies, Inc. [stckqut]AKAM[/stckqut] is flirting with its 52-week high. I expect a few more points run to make a firm 52-week high (unless the market tanks this week with bad news from the Fed).[/s2If]
Balchem Corporation
[s2If !current_user_can(access_s2member_level1)]Balchem Corporation [stckqut]BCPC[/stckqut] is moving around in a sideways channel. L…
The remainder of this investment indicator analysis is for registered owners of my “The Confident Investor” book[/s2If][s2If current_user_can(access_s2member_level1)]Balchem Corporation [stckqut]BCPC[/stckqut] is moving around in a sideways channel. Looks like resistance is $55 or $56. Not sure if we are going to break that ceiling.[/s2If]
Broadcom Corporation
[s2If !current_user_can(access_s2member_level1)]Broadcom Corporation [stckqut]BRCM[/stckqut] set a new 52-week high. Stock has grown …
The remainder of this investment indicator analysis is for registered owners of my “The Confident Investor” book[/s2If][s2If current_user_can(access_s2member_level1)]Broadcom Corporation [stckqut]BRCM[/stckqut] set a new 52-week high. Stock has grown well all year long. Probably worth holding unless you are sitting on too much increase. May be time to implement GOPM as described in my book.[/s2If]
3D Systems Corporation
[s2If !current_user_can(access_s2member_level1)]3D Systems Corporation [stckqut]DDD[/stckqut] is showing a weak signal. I don’t think…
The remainder of this investment indicator analysis is for registered owners of my “The Confident Investor” book[/s2If][s2If current_user_can(access_s2member_level1)]3D Systems Corporation [stckqut]DDD[/stckqut] is showing a weak signal. I don’t think this is a BUY unless you are holding for a long time. I think all we have established is the floor. More longterm upside portential than longterm downside risk. If you like to buy undervalued stocks and hold for a long time then this may be your opportunity.[/s2If]
Deckers Outdoor Corp
[s2If !current_user_can(access_s2member_level1)]Deckers Outdoor Corp [stckqut]DECK[/stckqut] is at its 52-week high right now. An inv…
The remainder of this investment indicator analysis is for registered owners of my “The Confident Investor” book[/s2If][s2If current_user_can(access_s2member_level1)]Deckers Outdoor Corp [stckqut]DECK[/stckqut] is at its 52-week high right now. An investment here means you think the holiday season will be strong for the company.[/s2If]
First Financial Bancorp
[s2If !current_user_can(access_s2member_level1)]First Financial Bancorp [stckqut]FFBC[/stckqut] is in a pretty solid channel. I would…
The remainder of this investment indicator analysis is for registered owners of my “The Confident Investor” book[/s2If][s2If current_user_can(access_s2member_level1)]First Financial Bancorp [stckqut]FFBC[/stckqut] is in a pretty solid channel. I would skip this stock in the short run, if I were you.[/s2If]
Fossil Group Inc
[s2If !current_user_can(access_s2member_level1)]Fossil Group Inc [stckqut]FOSL[/stckqut] continues its general slide even though it i…
The remainder of this investment indicator analysis is for registered owners of my “The Confident Investor” book[/s2If][s2If current_user_can(access_s2member_level1)]Fossil Group Inc [stckqut]FOSL[/stckqut] continues its general slide even though it is showing a weak buy. It will take a lot of good news to make this stock turn around.[/s2If]
Harley-Davidson Inc
[s2If !current_user_can(access_s2member_level1)]Harley-Davidson Inc [stckqut]HOG[/stckqut] is trying to reverse its slide. Not sure t…
The remainder of this investment indicator analysis is for registered owners of my “The Confident Investor” book[/s2If][s2If current_user_can(access_s2member_level1)]Harley-Davidson Inc [stckqut]HOG[/stckqut] is trying to reverse its slide. Not sure that this current move will work. I expect this run to fizzle out.[/s2If]
Jarden Corp
[s2If !current_user_can(access_s2member_level1)]Jarden Corp [stckqut]JAH[/stckqut] showed some nice growth last week. Next resistance…
The remainder of this investment indicator analysis is for registered owners of my “The Confident Investor” book[/s2If][s2If current_user_can(access_s2member_level1)]Jarden Corp [stckqut]JAH[/stckqut] showed some nice growth last week. Next resistance is $63-64.[/s2If]
JPMorgan Chase & Co.
[s2If !current_user_can(access_s2member_level1)]JPMorgan Chase & Co. [stckqut]JPM[/stckqut] is showing nice growth and is challenging…
The remainder of this investment indicator analysis is for registered owners of my “The Confident Investor” book[/s2If][s2If current_user_can(access_s2member_level1)]JPMorgan Chase & Co. [stckqut]JPM[/stckqut] is showing nice growth and is challenging resistance. Look for a new 52-week high to be set. The stock will likely drop in early October after the dividend date so be ready cash out in late September.[/s2If]
KLA-Tencor Corporation
[s2If !current_user_can(access_s2member_level1)]KLA-Tencor Corporation [stckqut]KLAC[/stckqut] set a new 52-week high. Look for this …
The remainder of this investment indicator analysis is for registered owners of my “The Confident Investor” book[/s2If][s2If current_user_can(access_s2member_level1)]KLA-Tencor Corporation [stckqut]KLAC[/stckqut] set a new 52-week high. Look for this stock to grow for another couple weeks unless we get bad economic news.[/s2If]
Lululemon Athletica inc.
[s2If !current_user_can(access_s2member_level1)]Lululemon Athletica inc. [stckqut]LULU[/stckqut] had a very good earnings release and…
The remainder of this investment indicator analysis is for registered owners of my “The Confident Investor” book[/s2If][s2If current_user_can(access_s2member_level1)]Lululemon Athletica inc. [stckqut]LULU[/stckqut] had a very good earnings release and the stock spiked. I think most of the run is over so if you weren’t at the train, it may not be worth getting on. I think the stock will go sideways with a slight updrift from here.[/s2If]
Monster Beverage Corp
[s2If !current_user_can(access_s2member_level1)]Monster Beverage Corp [stckqut]MNST[/stckqut] continues to go sideways after its big …
The remainder of this investment indicator analysis is for registered owners of my “The Confident Investor” book[/s2If][s2If current_user_can(access_s2member_level1)]Monster Beverage Corp [stckqut]MNST[/stckqut] continues to go sideways after its big Coke announcement. I think it will be sideways until we see some good news driven by a bigger Coke influence of revenue.[/s2If]
Panera Bread Co
[s2If !current_user_can(access_s2member_level1)]Panera Bread Co [stckqut]PNRA[/stckqut] went flat last week after a nice bump. I am n…
The remainder of this investment indicator analysis is for registered owners of my “The Confident Investor” book[/s2If][s2If current_user_can(access_s2member_level1)]Panera Bread Co [stckqut]PNRA[/stckqut] went flat last week after a nice bump. I am not optimistic that this stock will grow in the short term.[/s2If]
Thermo Fisher Scientific Inc.
[s2If !current_user_can(access_s2member_level1)]Thermo Fisher Scientific Inc. [stckqut]TMO[/stckqut] has been essentially flat since …
The remainder of this investment indicator analysis is for registered owners of my “The Confident Investor” book[/s2If][s2If current_user_can(access_s2member_level1)]Thermo Fisher Scientific Inc. [stckqut]TMO[/stckqut] has been essentially flat since setting its 52-week high in March. I think the stock may just go sideways until next earnings date unless something in the industry spurs optimism.[/s2If]
Take-Two Interactive Software, Inc.
[s2If !current_user_can(access_s2member_level1)]…
The remainder of this investment indicator analysis is for registered owners of my “The Confident Investor” book[/s2If][s2If current_user_can(access_s2member_level1)][/s2If]
Ulta Salon, Cosmetics & Fragrance, Inc.
[s2If !current_user_can(access_s2member_level1)]Ulta Salon, Cosmetics & Fragrance, Inc. [stckqut]ULTA[/stckqut] has new life and is n…
The remainder of this investment indicator analysis is for registered owners of my “The Confident Investor” book[/s2If][s2If current_user_can(access_s2member_level1)]Ulta Salon, Cosmetics & Fragrance, Inc. [stckqut]ULTA[/stckqut] has new life and is now setting its 52-week high.[/s2If]
Yahoo! Inc.
[s2If !current_user_can(access_s2member_level1)]Yahoo! Inc. [stckqut]YHOO[/stckqut] has new life and is now setting its 52-week high….
The remainder of this investment indicator analysis is for registered owners of my “The Confident Investor” book[/s2If][s2If current_user_can(access_s2member_level1)]Yahoo! Inc. [stckqut]YHOO[/stckqut] has new life and is now setting its 52-week high.[/s2If]