– The Stock Market Companion –
15MinuteStocks
Market Update
March 11, 2011
—— Stock Market Investing since the 1980’s ——
Published all Market Days
Monthly Subscription $29.95
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-Executive Summary-
- Earthquake in Japan! Today the markets complete and absolute focus was the aftermath of the largest earthquake in modern times in Japan. The U.S. markets put in a POSITIVE DAY – completely confounding many investors. The DOW closed back above the psychologically significant 12,000 point line.
- We sent out an SMC Pre-Market Alert this early morning giving our impression of things. Thankfully, we were not panicked into selling. See more below.
- Ford Motor Co. (Ticker: F) rose back above $14/share with some confidence today.
- When you can, check out this new Stock Market Companion Video Update – Make Money and Reduce Risk (3 Steps for investing successfully in a turnaround) which we posted on YouTube. These three steps have made us a lot of money in stock investing over the years.
– Stock Market Companion – Current Holdings –
| Nr. | Co. | Ticker | Action | Entry Date | Current Gain (Loss) |
| 1 | Ford Motor Co. | F | Holding | 3/8/2011 | +/- 1.6% |
If the above “Current Holdings” table is empty it means that we are not holding ANY stocks at this time and that we are therefore 100% in cash.
– Markets “At a Glance” –
(Please scroll down to the end of the report to see your favorite benchmarks – Dollar, Oil, Gold … closing prices and daily direction.)
Market |
Price (Today’s Close) |
Unit of Measure |
Today’s Direction |
SP-500 |
1,304.28 |
Index |
UP = +9.17 points |
DOW-30 |
12,044.40 |
Index |
UP = +59.79 points |
NASDAQ |
2,715.61 |
Index |
UP = +14.59 points |
NASDAQ 100 |
2,299.26 |
Index |
UP = +14.97 points |
– Market Trends –
Trend |
SP-500 |
DJ-30 |
NASDAQ |
NASDAQ 100 |
Short Term |
Down/Flat |
Down/Flat |
Down/Flat |
Down/Flat |
Intermediate |
UP |
UP |
UP |
UP |
Long Term |
Lateral |
Lateral |
Lateral |
Lateral |
*Summary of terms from Trader Vic II-Principles of Professional Speculation (pg. 140-141)
*_________* Represents a change in trend rating.
– Market Perspectives –
For your added perspective, we’ve included this chart of the broader market (Successful stock investors develop and start with a minds-eye view of the broader market and keep it clear) –
1. SMC SP-500 ETF Daily Chart (Click to open helpful chart in a separate browser window).
– Today’s Highlights –
The markets put in an excellent showing in the face of a terrible situation in Japan. Our hearts go out to the millions of Japanese struggling with the aftermath of the earthquake.
– Story-Stock Investing –
We sent out this Stock Market Companion Pre-Market Alert today –
Dear Subscriber-Friend –
It’s 5:30 am here in Vancouver, WA. 1 hour ago we fired-up our computers expecting to read more about Saudi Arabia, but instead we were hit with headlines of the huge earthquake (8.9 Richter Scale) that has hit Japan. We immediately contacted our dear friend with his family in Japan and our dear friends in Hawaii – everyone is o.k. We have read that a wave of 13 feet swept along Japan’s northeast coast, causing loss of life, chaos, and tremendous damage. A few minutes ago the first tsunami wave was scheduled to hit Hawaii. The wave is expected to be approx. 6 feet. Click here for the best coverage that we could find.
The earthquake hit just before the close of the Tokyo and other Asian markets. These markets were down hard, but showed some resilience. For those seeking an end of world scenario, they aren’t going to find it here. The Japanese Nikkei market closed down only -1.8%. The Singapore market was down -3%. Click here for more details.
The pre-market futures in New York are obviously pointing down, but not at all by as much as you might expect. The SP-500 ETF (SPY) closed at 129.93 and is now reading 129.53, which is approx. 0.3 percent. That’s insignificant compared to what could be happening.
Our Stock Market Companion holding Ford Motor Co. (F) is currently priced at $13.92/share – down about 14 cents from yesterday’s close. Of course we don’t like being in the market when Saudi Arabia is possibly entering into a period of uncertainty and the largest earthquake in modern times hits Japan. But we are only in the market with a measured portion of our overall cash, since we sold our shares of Intel (INTC) on Feb. 18th at +/- 0% gains, and sold our other positions as the initial unrest in Egypt showed signs of impacting the market on Jan. 28th.
It may be wise for us to close out our Ford holding today, but there is no reason to rush for the sell button. We have picked Ford due to its
-25% price relative to its recent stock price appreciation, because the “story” is still “on” at Ford, and because the stock is at a place where prudent institutional investors often choose to purchase stocks.
It’s now 6:10 am, and 9:10 AM EST. Ford is still priced at approx. $13.92 and the SPY is 129.51.
For your protection and our own, we would like to remind everyone that this is not an investment recommendation for any particular individual. We cannot possibly know the risk tolerance and investment suitability of such investments for any particular subscriber. Successful investors know their own objectives, purposes, and risks associated with any investment – whether in real estate, stocks, or other investments. Each investor is on their own.
We are simply reporting the SMC actions in the market place.
Your – Stock Market Companion
Please remember – at the Stock Market Companion we do not and cannot give individual investment advice. According to the State of Washington RCW 21.20.005 the Stock Market Companion is not a Registered Financial Advisor and we do not render any advice on the basis of the specific investment situation of a particular individual. This information is for a wide readership and is not intended for any particular individual, and under no circumstances should our SMC Intraday Update, SMC 15MinuteStocks Market Update or Watchlist be considered an investment recommendation or plan for any specific individual. By accessing this material, you agree that the Stock Market Companion will not be held liable for any actions taken by a subscriber or other parties. Please seek the counsel of a broker or other licensed investment professional for accurate pricing and concerning the suitability of all investments that you may be considering. Disclosure : Please understand that the Stock Market Companion may hold positions in the above mentioned securities. Based on market related or personal events these positions may change without notice.
– Stock Market Companion – Performance –
Please click on this chart to see the Stock Market Companion 15MinuteStocks stock performance versus the SP-500. It will open in a separate browser window.
* Gains (losses) do not include brokerage fees. Our returns are very strong … BUT … WE have to remind everyone just like all other financial sites in America – Past Performance is No Guarantee of Future Returns. Unlike others however, our objective is to teach you to be able to make these types of strong returns On Your Own.
All of the investments – stocks, entries, and exits are listed on our Stock Market Companion Watchlist at the bottom of the spreadsheet, in the section labelled Former Holdings.
– Benchmarks “At a Glance” –
US Dollar |
1.3909 USD = 1 Euro |
USD / EUR |
Dollar = Down |
Gold |
$1,417.50 |
Ounce |
Gold = Flat |
Oil |
$100.72 |
Barrel (West Texas Crude) |
Oil = Down |
30 Yr. Fixed Mortgage |
4.87% |
Percent |
Flat |
10 Yr. Bond Yield |
3.393 |
Percent |
Flat |
1 Yr. CD |
1.16 |
Percent |
Flat |
Data Source : Financial Visualizations Inc.
Signing-Off for Today,
Your -Stock Market Companion
** Stock Market Companion Disclaimer **
The Stock Market Companion (SMC) Market Update and Watchlist are published documents to subscribers that show how we (SMC) are viewing the markets and what we are watching, investing in or selling today. This information is for a wide readership and is not intended for any particular individual, and under no circumstances should this Market Update or Watchlist be considered an investment recommendation or plan for any specific individual. By accessing this material, you agree that the Stock Market Companion will not be held liable for any actions taken by a subscriber or other parties. You understand that the Stock Market Companion holds positions in the above mentioned securities. Based on market related or personal events these positions may change without notice.
Furthermore, the Stock Market Companion, Inc. is a content provider and publisher and not a registered broker-dealer or licensed investment professional. Our intent is to publish very accurate market information for an audience of subscribers (1000+ subscribers). By accessing the Stock Market Companion website and/or using the Stock Market Companion products and services such as this Market Update and accompanying Watchlist, you understand and agree that the material provided in the Stock Market Companion products and services is for informational and educational purposes only, and that no mention of a particular security in a Stock Market Companion product or service constitutes a recommendation to buy, sell, or hold that or any other security, or that any particular security, portfolio of securities, transaction or investment strategy is suitable for any specific person. To the extent any of the information contained in any Stock Market Companion product or service may be deemed to be investment advice, such information is impersonal and not tailored to the investment needs of any specific person. Before selling or buying any stock or other investment you should consult with a qualified broker or other financial professional to verify pricing information and to solicit advice as to the appropriateness of a given transaction or investment.
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