Monday, August 15, 2016

Using Morningstar and The Chump Watch List

I use Morningstar to monitor my various portfolios.  I've also added a couple of watch lists to M* for monitoring.  I pay for the "premium" service which costs me around $500 per year, but I feel its worth it.  When I research a stock, I can find almost unlimited financial data at the M* site.  In addition, they have a great stock screener program, and most importantly, I can monitor my holdings and choose from hundreds of metrics to watch for each portfolio, including future buy and sell prices.

I have accounts at Fidelity, Vanguard, and TD Ameritrade, but they are all TERRIBLE for monitoring your holdings.  In most cases, you can't even select any metrics to monitor.  Sheeesh.

Well, anyway, shown below is my current watch list for the Chump IRA.  If there is a correction, its nice to have a list handy for action.  I'm continuing to do research when I have time on these names, and change the list frequently.  But with M*, its easy, and have these right at my fingertips....
For each name, I've listed a possible entry point price, which I've calculated using FASTGraphs as the price where I'd be comfortable starting a position.   Of the stocks shown here, DIS is my best recommendation.  In fact, I've started a position, and will add if it dips below the buy price shown.

Best regards,


Tuesday, August 2, 2016

Quick Post-Brexit Shopping Update

On 6-27-16, I posted that I was adding several stocks that looked attractive...

  • CELG (taxable account)
  • BIIB (taxable account)
  • AMGN (IRA)
  • GILD (Should be IRA, but it's in my taxable account)
  • Also love CISCO at these prices, but I already have an outsized position..
  • DIS (Adding to my IRA, good diversity, great company)
  • SCHW (Charles Schwab, adding to taxable IRA, still a bit pricey, but really good growth)

Happy shopping....don't be afraid, make some purchases!"

On that day, it felt like the market was going to crash and we were in for some real trouble.  But for those who ignored the "fear" being espoused in the media, and bought good companies that day, the returns have been excellent.  How were my picks that day?

Here is a summary table:

The top three biotech stocks have done well, and are getting a bit pricey for an entry now.  The others on the list, while up a bit, are still priced attractively today.

I added some DIS to my father's account today, and if drops a bit from here, I'll add more to the Chump IRA.

GILD, CSCO and SCHW are still at or below fair value, especially GILD.