Oversold Sentiment Pushes Stock Market Toward 6 Month Highs

Exec – Spec

2016 KDELTA Stocks  portfolio update                  05-26-16

While the May 19th low ended the sharpest correction in the general stock market since February it was only 4% intraday, basis the SP 500 benchmark. However, option sentiment and AAII metrics were the most oversold in months. AAII reached one of the most oversold buy points in years. With stock indices already close to the 2015 record highs it would not take much to cause a breakout. Economic data and earnings show few signs of anything but the old normal of recent years and a Fed rate hike threat around June 16th may keep prices from breaking out just yet.

Each position= 5% portfolio unless specified:  TBD=To Be Determined

Pending trade order (Buy Stops entries unless specified)

Stock:     Buy Stop:                Exit price: Projected gain     P/L Stop post entry

Buy BAL 42.94                             TBD                                   40.98

Buy CAG 46.65                            49.33    5.7%                    45.48 nonmember

05-26-16 Buy WEAT 8.96            TBD                                   8.55

 

Total KDelta portfolio 25% invested

2016 YTD KDelta P/(L) = +0.72%   vs SP 500 Index = +4.40%

Long Term Investors 85% invested SPY

 

Closed Positions 2016:

.                                                                                                       P/(L) % to

.                                                                                                       Portfolio at

Entry                                                 Exit                Profit/loss    5%/trade

04-25-16 Buy MDT 79.46           04-26-16  78.85   (0.8%)       (0.04)

04-27-16 Buy RTN 128.95          04-29-16  125.70 (2.5%)       (0.125)

04-28-16 Buy TXN 60.00            04-29-16   57.71   (3.8%)       (0.19)

May results = (0.355%)    YTD = +0.725%

04-20-16 Buy UNG 7.02             04-28-16  6.73     (4.1%)        (0.205)

04-13-16 Buy SLM 6.69              04-21-16 6.84       2.2%           0.11

04-19-16 Buy CL 71.57               04-20-16  70.57   (1.4%)         (0.07)

04-07-16 Buy AU 14.32              04-11-16 15.48      8.1%           0.405

03-28-16 Buy MMC 60.23          04-07-16  60.23     0                 0

04-01-16 Buy GS 158.91             04-05-16  155.00  (2.45%)     (0.12)

April results = 0.12%     YTD = +1.08%

02-16-16 Buy PNRA 200.55       03-03-16  214.9     7.15%         0.36

March results = 0.3575    YTD = +0.96%

02-23-16 Buy HIMX 9                  02-24-1    8.59      (4.5%)        (0.227)

02-16-16 Buy USAT 3.80             02-23-16  3.88       2.1%           0.105

02-19-16 Buy HON 107.42          02-23-16  104.31 (2.9%)         (0.14)

02-16-16 Buy ORBC 7.88             02-18-16  8.20       4.1%           0.205

02-03-16 Buy AEM 30.70            02-08-16  34.4       12.3%         0.615

02-02-16 Buy ACC 42.00             02-08-16  42.40     0.94%         0.047

February results = +0.832%   YTD= +0.605%

January results   = 0

 

{Results 2014=+10%; 2015=-(1%) vs SP 500 Index –(1%)}

 

 

Disclaimer and Notice:  This report may contain information on investments that are high risk and have substantial risk of principal loss.  It is for informational purposes only. Statements in this communication are not statements of fact are merely opinions or forward looking statements from a potentially biased source(s) that involve known and unknown risks, uncertainties and other factors that could cause actual future results to differ materially from any prior or projected results. Statements in this communication may be inaccurate and/or unsuitable for you.  You must perform your own due diligence.  Your investment decisions should always be made based on your specific financial needs, suitability, objectives, goals, time horizon and risk tolerance.  Any decision is at your sole discretion and at your sole risk.  You are advised to consult with your individual investment and tax professionals before making any investment.  Past performance is no guarantee of future results.

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