introduction
Welcome to the latest edition of my Weekly Portfolio Update for the week of January 28th, 2024. In this report, I will provide you with a comprehensive overview of my portfolio, recent stock analysis, investment rationale, and insights into potential adjustments. We’ll explore the performance of individual stocks, their key metrics, and the factors influencing my investment decisions.
Join me as we dissect the intricacies of the market and delve into the world of stock analysis. Whether you’re an experienced investor or someone just beginning their journey into the world of finance, I hope this update offers valuable insights and guidance for your investment endeavors. So, without further ado, let’s dive into the specifics of my portfolio and recent market developments.
market overview
SPY is above all of the key moving averages and is looking strong
The graph indicates that the SMA 21 is serving as a support line for the current price trend. Presently, the price has risen above the SMA 21, suggesting a potential for a downturn soon. However, the overall trend of the index remains strongly upward.
Similar looking picture for the QQQ
If either of these indexes dips below the EMA 21 (green line) or the SMA 50 (red line), it may signal a weakening trend, warranting the implementation of protective strategies.
Portfolio Overview:
Let’s dive into the specifics of my portfolio and recent stock analysis:
CRWD
- Portfolio Percentage: 13.18%
- RS Rating: 98
- RS line: uptrend
- Stop Loss Area: 285
- Earnings Growth: 105%
- Sales Growth: 35%
- Institutional ownership: Uptrend
- Up/Down volume ratio: 2.3
- Remarks: Stock seems to be under strong accumulation.
ETN
- Portfolio Percentage: 11.09%
- RS Rating: 90
- RS line: flat
- Stop Loss Area: 223
- Earnings Growth: 22%
- Sales Growth: 11%
- Institutional ownership: Uptrend
- Up/Down volume ratio: 1.3
- Remarks: EPS in 5 days
SPXC
- Portfolio Percentage: 9.38%
- RS Rating: 92
- RS line: Uptrend
- Stop Loss Area: 97
- Earnings Growth: 31%
- Sales Growth: 21%
- Institutional ownership: Downtrend
- Up/Down volume ratio: 1.3
- Remarks: Since institutional ownership has been down, there might be a need for selling when the price starts declining.
AMZN
- Portfolio Percentage: 7.21%
- RS Rating: 91
- RS line: flat
- Stop Loss Area: 149
- Earnings Growth: 236%
- Sales Growth: 13%
- Institutional ownership: Uptrend
- Up/Down volume ratio: 1.2
- Remarks: EPS in 5 days. Sales growth is less than 20% which means that the company doesn’t meet the CAN SLIM criteria.
GOOGL
- Portfolio Percentage: 6.90%
- RS Rating: 89
- RS line: flat
- Stop Loss Area: 135
- Earnings Growth: 42%
- Sales Growth: 11%
- Institutional ownership: Uptrend
- Up/Down volume ratio: 1.3
- Remarks: EPS in 3 days. Sales growth is less than 20% which means that the company doesn’t meet the CAN SLIM criteria.
IDCC
- Portfolio Percentage: 4.78%
- RS Rating: 92
- RS line: flat
- Stop Loss Area: 97
- Earnings Growth: 81%
- Sales Growth: 22%
- Institutional ownership: Uptrend
- Up/Down volume ratio: 1.8
- Remarks: Stock seems to be under strong accumulation.
FROG
- Portfolio Percentage: 11.09%
- RS Rating: 93
- RS line: flat
- Stop Loss Area: 31
- Earnings Growth: 650%
- Sales Growth: 23%
- Institutional ownership: Uptrend
- Up/Down volume ratio: 1.6
- Remarks: Reduced position because the stock has been down however the fundamentals are looking good.
potential reduction or closing
- ETN – Earnings release coming up
- AMZN – Earnings release coming up
- GOOGL – Earnings release coming up
- FROG – Price has been down 5 days in a row and is below EMA 21
potential additions
These stocks seem to be under accumulation and I am looking for an opportunity to add to an existing position:
- CRWD
- IDCC
Investment Rationale
Our stock selection is a meticulous process guided by specific criteria and analysis:
- Selection Criteria: We choose stocks based on growth potential, financial stability, industry outlook, and historical performance.
- RS Rating: We prioritize stocks with high RS Ratings, signifying strong price momentum.
- Financial Performance: We assess earnings growth, sales growth, and profitability to gauge a company’s financial health.
- Industry Analysis: Industry trends, competition, and growth prospects influence our choices.
- Long-term Outlook: Our focus is on long-term investments, emphasizing sustained growth potential.
- Risk Assessment: We acknowledge and discuss potential risks associated with each stock.
- Diversification: We diversify across sectors to spread risk and enhance portfolio stability.
- Market Trends: We consider current market trends and economic conditions in our decision-making.
In summary, our stock selection process combines careful analysis and a long-term perspective to build a resilient and potentially rewarding portfolio.
Technical and Fundamental Analysis
My investment strategy combines technical and fundamental analyses for a comprehensive approach. These methods shape my portfolio management, allowing me to make informed decisions.
- Technical Precision: Technical analysis is central. I study charts and data to spot market trends and optimize entry and exit points, leveraging historical price movements for guidance.
- Fundamental Foundation: Fundamental analysis serves as a solid foundation, evaluating financial health, including earnings growth and profitability, ensuring my choice of robust companies.
- Balanced Decision-Making: Balancing technical precision and fundamental stability is key. It helps me endure market fluctuations while pursuing long-term growth.
- Market Insight: Integrating technical and fundamental analyses provides a holistic market understanding. This equips me to adapt to changing conditions while aligning with my investment goals.
In summary, combining technical and fundamental analyses empowers resilient portfolio construction. It ensures adaptability while pursuing long-term growth and investment objectives.
Institutional Ownership and Industry Analysis
I place significant importance on institutional ownership and industry prominence when evaluating stocks because they play pivotal roles for two compelling reasons:
- Institutions’ actions often dictate the trajectory of both individual stocks and the broader market. When they select a specific industry for investment, that industry typically outperforms others.
- The same principle applies to individual stocks, where institutional support can significantly influence their performance.
These dual factors underscore why I prioritize industry analysis and institutional ownership in my stock evaluations.
Risk Factors
The biggest risk is that the overall market can take a sudden dive at any time. We all have to keep that in mind. It could happen at any moment, which is why we need to watch the overall market and our stocks closely.
Right now, things seem to be looking up, but we can’t predict how long that will last. That’s why we have to be ready to adapt.
I’ve carefully picked the stocks and their percentages in my portfolio, but I always remember that things can change in an instant. This goes for both the whole market and individual stocks.
When that happens, it’s time to take protective measures.
Conclusion
In conclusion, my strategy revolves around choosing outperforming stocks in uptrends, backed by strong institutional ownership and favorable industry positioning. While I aim for robust returns, I am also mindful of the inherent risks, especially in a changing market environment. It’s crucial to stay vigilant and adapt to market conditions.
Stay Tuned:
Thank you for joining me on this journey of portfolio management and stock analysis. Stay tuned for next update!
