Mechanical Investing for July 2007

Posted by Michael on July 2nd, 2007 filed in Finances

The latest bull market shows some signs of slowing, but it’s mixed. Three month returns are positive but less than the previous month. But 1 week returns are high, and the market is up high this morning. But hey, I’m beating the market again.

Last 4 weeks: +1.4%
Last 3 months: +9.0%
Last 12 months: +9.2%
Year to date: +8.4% (Dow is +8.3% ytd from 12,463)

Holding for another month:

Ticker	Bought	Now	Months	Return
MCY	$53.85	$55.50	8	+3.1%	Mercury General Corp. From the LPE_YLD screen. It’s fading… fading…
MDR	$79.63	$85.04	1	+6.8%	McDermott International. From the Screamers screen, but now it’s on the RSPeg2 screen.
PKOH	$20.80	$28.93	2	+39.1%	Park-Ohio Holdings Corp. Zoom! From the H52EgPS screen, but now also on RSPeg2, TREPPE, and Screamers. I sold off a portion to rebalance.
PFE	$26.10	$25.69	5	-1.6%	Pfizer Inc. From the LPE_YLD screen. Looks like a loss, but with dividends, it’s up 2.9%.
RNR	$58.99	$61.61	1	+4.4%	RenaissanceRe Holdings. From the Peg_Minimalist screen. Renaissance Holdings… could it be a codpiece? No, it’s insurance and reinsurance.
RS	$46.37	$57.24	3	+23.4%	Reliance Steel and Aluminum Co. From the TREPPE screen. Fading… fading…

Selling these:

Ticker	Bought	Sold	Months	Return
AVT	$36.40	$41.46	4	+13.9%	Avnet Inc. From the RSPeg2 screen, but now also on TRPPE and H52EgPS. It gave back some of the winnings near the end, so i guess it’s out of steam.
BUCY	$70.05	$73.10	1	+4.4%	Bucyrus International Inc. From the RSPeg2 screen. Bye-bye, Bucky.
CRDN	$68.27	$75.16	1	+10.1%	Ceradyne Inc. From the TREPPE screen. Very nice for 1 month; odd it’s no longer on the screens.
CRY	$14.55	$13.28	1	-8.7%	CryoLife Inc. From the Screamers screen. Eww. Biomaterials, implantable devices, and BioGlue made from bovine blood protein. I’m not going to cry that it’s gone.
LTR	$47.81	$51.86	2	+8.5%	Loews Corp. From the Peg-Minimalist screen.
NAFC	$39.22	$50.36	2	+28.4%	Nash Finch Co. From the H52EgPS screen. Zoom! But gone.

New stocks for this month:

Ticker	Bought	Sold	Return
CAE	$82.51	$N/A	N/A%	Cascade Corp. Dishwasher soap? Probably not. Material handling equipment. From the Screamers screen.
CMCO	$34.14	$N/A	N/A%	Ah, Columbus-McKinnon is back. From the RSPeg2 screen.
MCK	$59.51	$N/A	N/A%	McKesson Corp is back. From the H52EgPS screen.
PENX	$30.45	$N/A	N/A%	Penford Corp. From the Screamers screen.
PFGC	$32.98	$N/A	N/A%	Performance Food. From the H52EgPS screen. Sounds like maybe they race bananas.
XL	$84.73	$N/A	N/A%	XL Capital Ltd. You can tell it’s a cool company because it starts with ‘X’. From the Peg_Minimalist screen.