– Stock Market Companion – Current Holdings –

Nr.	Co.	Ticker	Action	Entry Date	Current Gain (Loss)
1	Boeing, Co.	BA	Holding	12/22/2011	+2%
3	Alcoa, Inc.	AA	Holding	1/3/2012	+7%
4	Dendreon, Inc.	DNDN	Holding	1/11/2012	+2%
5	Mitek, Inc.	MITK	Holding	1/12/2012	+6%
6	Cirrus Logic	CRUS	Holding	1/17/2012	+7%
7	Cree, Inc.	CREE	Holding	1/18/2012	+9%

– 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	1,326.06	Index	UP = +11.41 points
DOW-30	12,758.85	Index	UP = +83.10 points
NASDAQ	2,818.31	Index	UP = +31.67 points

 

– Market Trends –

 

Trend	SP-500	DJ-30	NASDAQ
Short Term	Flat / UP	Flat / UP	Flat / UP
Intermediate	Flat	Flat	Flat
Long Term	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) –

 

SMC SP-500 ETF Daily Chart (Please click on the chart to see a bigger, easy to read chart on a separate browser tab window).

 

– Today’s Highlights –

The markets today are moving primarily in response to individual company earnings reports – such as Apple’s UPSIDE BLOW-OUT QUARTER last night, AND –

• President Obama’s State of the Union Address presented last night
• The  Federal Reserve Open Market Committee meeting minutes released today concerning monetary policy
• Federal Reserve Chairman Ben Bernanke’s press conference

Please notice that all of these items are primarily domestic, U.S. events.

The Federal Reserve’s announcement TODAY that they intend to keep interest rates exceptionally low until 2014 is BULLISH for stocks.  A  portion of the large sums of cash that are now sitting in low interest cash or cash equivalent instruments will seek higher yielding (and more risky) investments (like equities).

 

– S.I.M.P.L.E.  Stock Investingtm –
– (Where each investment begins with a Story and ends with Earnings) –

S.I.M.P.L.E. Stock Investing is built upon these core areas –

S = Story (What is / are the key catalyst(s) behind the company of interest?)

I = Investor Interest (Is the stock chart showing investor interest = buying or share accumulation?)

M = Market (Is the background market favorable for investing at this time?  This recognizes that 9 out of 10 stocks move with the overall market, according to decades long research from William O’Neil.).

P = Person or Product (Is there a particular person or product that makes the story work for this investment?)

L = Leader (Is the company a leader in its industry group or is its product a leader in its market?)

E = Earnings (Are current quarterly earnings and annual earnings growing?)

 

Yesterday we communicated details about Apple, Inc. and our strategy on the shares, in anticipation of Apple’s quarterly earnings report after the close.  Please click here for our SMC Successful Investing Video link concerning Apple.

This morning we provided a quick alert to an improving condition at Dendreon (DNDN $14.75) and as soon as possible backed this up with a SMC Successful Investing Video.  Here is the video link on DNDN.

This afternoon we would like to draw your attention to the idea that President Obama announced an “all-out”  “all of the above” energy policy that develops every American energy resource.  In light of such a focus, we must direct our attention to publicly traded energy stocks.

Here is your link to our short video looking at several energy firms.

From these that we have reviewed today in our video, both Slumberger (SLB $75.95) and Transocean, Ltd. (RIG $47.34) appear to be the most interesting this time.

 

– Benchmarks “At a Glance” –

 

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