Stock Pick of the Week: W. E. 1 Jul. 2016

[clarkrl2]

Rules:

1. Selection must be made prior to the opening bell on the first trading day of the week.
2. Selection may be changed up to the opening bell.
3. Starting price is the opening price on first trading day of week.
4. Ending price is closing price on last trading day of week.
5. No options or other trading vehicles. Only stocks and ETFs are allowed.
6. Opening prices will be those found at Yahoo Finance. Any disputed opening price will be resolved using the price listed at Yahoo Finance historical quotes

To enter the game:
List your stock's symbol, Long or Short, Company name, what the company does and why you like the selection.

Congratulations to last week's winner "uncle23".    

Moderators please pin the thread.

Seat belts are mandatory for this week's giant roller coaster!

[clarkrl2]

uncle23

ONVO....long

note to Clark....i'll be riding this stock for the next 4 weeks..

[tyfighter3]

AMLP long. You know from yesterday to now, I still have the same amount of money I had and I still used the same amount of energy I used yesterday to today, and that is not going to change anytime soon. The EU will still go broke with or without England except now England is not going to go along with the ride. LOL  

[ModE98]

Going with GLD (long). Gold should be a temporary haven in a uncertain market.  (I hope). 

[tyfighter3]

Gold or silver should be good Mod.

[Deleted]

LYG - (S)

[kadee79]

My first instinct says ZIXI, long.....

However, Mod & Ty have me thinking...should I go with NUGT? (long)? Think I'll stick with ZIXI

And Clark, who is selling the seat belts   That might also be a good one for this week!!!

[clarkrl2]

Long BCOR (Blucora Inc. - Internet Information provider)

This is a stock I own in my real life portifolio. It was the only stock I own that was up on Friday on over twice the average volume. It came from the earnings beat MRQ with recent upward estimate revision screen. When a stock is up on a day when most of the indexes are down can be a good sign. Here is the weekly chart stockcharts.com/h-sc/ui?s=BCOR&p=W&b=5&g=0&id=p63248511778

Kadee71 each player needs to provide their own virtual seatbelt. Play at your own risk this week because it could get nasty.

[architecto25]

       PETX       (long)       Aratana Therapeutics, Inc.
This stock closed Friday at $6.12 per share.
52 wk. high/low            $19.9896/$2.56
Developmental stage biopharmaceutical company on the licensing,
development & commercialization of medicines for pets.
Founded  12/1/2010
Headquartered in Leawood, KS.
57 employees.

I'm sure a 5 month chart on this stock will certainly be much
better than just a 5 day contest ....... LOL.  ... Oh Well.

[Value Buy]

Friday I lost 3 to 4% on my IRA stock funds, but fared better on personal stock positions, although they all lost money on Friday.
Asian markets were stable this morning, European markets down 2 to 3% range.
Do we see short covering later this week?
Do we see forced selling in margin accounts today and tomorrow?
Do we see selling in Ira and 401-k accounts due to people scared and getting out of funds?
Do we see some stock appreciation after today and tomorrow?
Lots of ways for the markets to go this week!

Last week it seemed to get lost that, the fact American steel companies were assured of the penalties on Chinese steel imports.

Will go with US Steel  again this week on  a bounce back from last week's fire sale.
X, long.
If markets continue a strong fire sale most of the week, I will have the basement to myself.

[architecto25]

Hey you'all ..... let's keep our "cool", huh?.
Clark's numbers are always the final and official ones, huh?.  If my numbers are right ... we do have 2 positives.
D.I.'s short & Mod's gold pick.  The rest of us used red ink today.

And the Dow being down only about 1.5% ain't bad; I vividly recall the day the Dow dropped about 25%.
I think that was Oct.19th, 1987. I had a good friend that was a floor trader on the Chicago Board of Options,
.... he said some guys just dropped their paper work, and walked out, but some other traders ( upstairs
type), had been buying "penny puts" .... they made a fortune that day.

Today's quote:  "The market's just a bunch of numbers; no big deal"

=========================
out of pure curiosity (my memory), I clicked on BigCharts "historical quotes" button.
       DJIA  (Fri.)    10/16/1987        2,246.74
               (Mon.)  10/19/1987        1,738.41
                                                               down 508.33   (-22.62%)

               so the 1.5% drop yesterday on the Dow wasn't too bad;  was it     

[ModE98]

Just going to ride this all out.  Yes, "cool" is the word for strong hands.  "Panic" is the word for weak hands.  We will lose $$$ for a time, but in the history of the stock market it always comes back stronger than before.  How long the Brexit effect will last is yet to be seen.
Going to ride it out.  Fortunately have nothing on margin, so patience is of the essence, and "cool" is a vital way to see it through.

[clarkrl2]

Disinfranchised Investor is out of the gate first as the carnage continues. ModE92 is second and those two are the only players beating the benchmark.

Player	L or S	Symbol	$ Open	$ Close	% Close
D. I.	S	LYG	$2.83	$2.78	1.77%
Mod E	L	GLD	$126.44	$126.68	0.19%
BenchMark	L	QQQ	$103.60	$102.22	-1.33%
kadee71	L	ZIXI	$3.69	$3.62	-1.90%
architecto25	L	PETX	$5.98	$5.86	-2.01%
tyfighter3	L	AMLP	$12.52	$12.22	-2.40%
Value Buy	L	X	$15.95	$15.15	-5.02%
clarkrl2	L	BCOR	$9.91	$9.38	-5.35%
uncle.23	L	ONVO	$3.36	$3.10	-7.74%

[Value Buy]

So far this morning we are seeing some decent recoveries from yesterday's losses!
I might be even positive after today if I get real lucky.
It seems like if we wind up with a positive number on Friday's close, no matter how weak it is, we can consider it a darn good week!

[ModE98]

Good thoughts, VB.  Common sense seems to be returning, just hope it stays.  Yes, it would be nice to end the week in a positive manner.

[architecto25]

I just added some information to my post 10 ( re: the huge drop the Dow had in 1987 ).
Today's rally could be some shorts pocketing some trading money .... let's polish the crystal ball, huh.

Cheers to all......................

[clarkrl2]

architecto25 takes over the lead as we near halfway. tyfighter3 is a half length back in second and the only other player beating the benchmark.

Player	L or S	Symbol	$ Open	$ Close	% Close
architecto25	L	PETX	$5.98	$6.07	1.51%
tyfighter3	L	AMLP	$12.52	$12.64	0.96%
BenchMark	L	QQQ	$103.60	$104.46	0.83%
kadee71	L	ZIXI	$3.69	$3.72	0.81%
clarkrl2	L	BCOR	$9.91	$9.91	0.00%
uncle.23	L	ONVO	$3.36	$3.36	0.00%
Value Buy	L	X	$15.95	$15.81	-0.88%
Mod E	L	GLD	$126.44	$125.32	-0.89%
D. I.	S	LYG	$2.83	$3.07	-8.48%

[clarkrl2]

architecto25 remains the leader as the race moves past halfway. uncle23 is a close second and clarkrl2 has the edge over kadee71 for third. Those are the only players beating the benchmark.

Player	L or S	Symbol	$ Open	$ Close	% Close
architecto25	L	PETX	$5.98	$6.49	8.53%
uncle.23	L	ONVO	$3.36	$3.64	8.33%
clarkrl2	L	BCOR	$9.91	$10.30	3.94%
kadee71	L	ZIXI	$3.69	$3.83	3.79%
BenchMark	L	QQQ	$103.60	$106.31	2.62%
tyfighter3	L	AMLP	$12.52	$12.74	1.76%
Value Buy	L	X	$15.95	$15.97	0.13%
Mod E	L	GLD	$126.44	$125.84	-0.47%
D. I.	S	LYG	$2.83	$3.04	-7.42%

[kadee79]

Anyone placing bets that Britain stays in the EU?  or is it UE

Saw an article today that said they didn't have to follow the vote & leave.

[clarkrl2]

I don't know the exact wording on the referendum but if it was as simple as leave or stay, I don't see how they could overturn it without severe political repercussions. It probably won't take very long for them to work out most of the issues anyway.

[architecto25]

                   EOMTTC
       Nope, that's not a stock symbol .......................
                translated:        " End of Month Thanks to Clark "

[clarkrl2]

uncle23 takes over the lead going into the final day of the week. Value Buy had the big gain of the day and is a whisker ahead of architecto25. Four of eight are beating the benchmark.

Player	L or S	Symbol	$ Open	$ Close	% Close
uncle.23	L	ONVO	$3.36	$3.72	10.71%
Value Buy	L	X	$15.95	$16.86	5.71%
architecto25	L	PETX	$5.98	$6.32	5.69%
clarkrl2	L	BCOR	$9.91	$10.36	4.54%
BenchMark	L	QQQ	$103.60	$107.54	3.80%
tyfighter3	L	AMLP	$12.52	$12.74	1.76%
kadee71	L	ZIXI	$3.69	$3.75	1.63%
Mod E	L	GLD	$126.44	$126.47	0.02%
D. I.	S	LYG	$2.83	$2.97	-4.95%

[clarkrl2]

Value Buy continued his late week rally to take this week's top prize. uncle23 had a double digit gain for the week for second and architecto25 finished a nose in front of clarkrl2 for third. Those were the only players beating the benchmark.

Player	L or S	Symbol	$ Open	$ Close	% Close
Value Buy	L	X	$15.95	$18.27	14.55%
uncle.23	L	ONVO	$3.36	$3.81	13.39%
architecto25	L	PETX	$5.98	$6.46	8.03%
clarkrl2	L	BCOR	$9.91	$10.70	7.97%
BenchMark	L	QQQ	$103.60	$108.08	4.32%
kadee71	L	ZIXI	$3.69	$3.79	2.71%
tyfighter3	L	AMLP	$12.52	$12.75	1.84%
Mod E	L	GLD	$126.44	$128.41	1.56%
D. I.	S	LYG	$2.83	$2.97	-4.95%

[clarkrl2]

2016 results

Name	Games	Win	Place	Show	>Bench	Return
Value Buy	18	4	2	3	10	4.78
tyfighter3	9	1	0	3	6	1.72
uncle.23	26	2	9	3	15	1.03
D. I.	18	0	3	2	10	0.69
Mod E	24	5	2	3	13	0.68
BenchMark	26	0	1	5	0	-0.08
clarkrl2	26	2	3	1	12	-0.25
Ombud	15	1	1	2	7	-0.64
Bluerobin	6	2	0	0	3	-0.66
architecto25	26	6	1	4	14	-0.86
kadee71	26	3	4	0	12	-1.80

lifetime results

Name	Games	Win	Place	Show	>Bench	Return
bimetalaupt	4	1	0	0	1	2.78
m2w	8	2	1	0	3	1.15
Value Buy	100	22	7	10	47	1.14
damnotagain	20	2	3	3	10	0.83
Mod E	129	14	20	20	69	0.40
2kids10horses	10	0	2	1	4	0.33
BenchMark	131	3	11	16	0	0.19
kadee71	123	21	20	10	62	0.09
clarkrl2	131	12	15	19	63	0.00
Ombud	96	7	7	15	45	-0.12
tyfighter3	46	4	2	6	20	-0.19
Bluerobin	6	2	0	0	3	-0.66
uncle.23	131	12	24	10	51	-1.37
architecto25	129	25	8	10	54	-1.45
D. I.	99	4	11	11	51	-1.73
alliesmom	2	0	0	0	1	-6.82

[ModE98]

CONGRATULATIONS to VB, uncle and architecto for this week's Win, Place and Show.
It turned out a good week to be Long.