Bay Area Money Makers IBD Meetup Saturday November
Bay Area Money Makers IBD Meetup Saturday , November 5, 2016 Review – My Stocks Making A Watch List (A Buy List) This Is A Workshop We’re Going To Make A Current WL Lee Tanner Non-Professional Amateur Volunteer 1
Lee Tanner • • Co-organizer of Petaluma IBD Meetup Using CAN SLIM since 1985 Attended All IBD Workshops Practice CAN SLIM as I think Bill 0’Neil teaches 2
This Presentation Is: • For Educational Purposes Only • Not recommending any stocks/securities to buy or sell All Investing has Substantial Risk of Big Losses CAN SLIM® Is The Registered Trademark Of Investors Business Daily (IBD ®) 3
Presentation Is Being Recorded But, Take Notes When We Make A Watch List 4
Everything is from the Basic CAN SLIM® Educational Material 5
Learn From The Experts 6
Learn From The Experts 5 IBD Live Workshops 8 IBD Home Study Programs 7
2016 Review About One Year 8
Did We Recently Own Any Of These • • • Acacia Communications (ACIA) Weibo (WB) Gigamon (GIMO) Netease (NTES) Ubiquiti Networks (UBNT) Cambrex (CBM) Yirendai (YRD) Momo (MOMO) Tarena Intl (TEDU) 9
How Did These Stocks Do • • • ACIA – 200%/115% WB – 195%/Maybe Not Sold Yet GIMO – 65%/Maybe Not Sold Yet NTES – 52%/Maybe Not Sold Yet UBNT – >30%/25% Standard Profits CBM – 25% Standard Profits YRD – 180%/113% MOMO – 95%/Maybe not sold yet TEDU – 125%/Maybe not sold yet 10
How To Pick These Stocks 11
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Market. Smith Webinar 14
My Portfolio Generally For About One Year October 2015 – October 2016 13 Months 15
Best Year Since 1999 January 1, 2016 List Of All Stocks Break Even For 2016 16
April 2014 Margin Use January 1, 2016 Longer Time View 17
List Of Stocks In The Portfolio 55 Bought In 13 Months ~ One Per Week 18
55 Stocks • 9 Reached the +25% Profit Goal, SR #2 (16%) • 2 Sold after reaching the BC Rules, 3 Not Sold Yet (9%) • 20 Sold for small losses, average -5% (36%) • 16 Sold for small gains (29%) 65% Don’t Deliver • 8 Still Owned (3 on BC Sell Rules) 19
Questions? 20
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Not The Best Stock Picker 22 of 55 Stocks 22
January 1, 2016 12 Lost Money – Average -5% 9 Small Gains – Average 4% 1 gained 22% Break Even For 2016 23
Not The Best Stock Picker 16 of 55 Stocks 24
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January 1, 2016 Break Even For 2016 26
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Not The Best Stock Picker 22 of 55 Stocks 28
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Nearly Perfect Setup 37
Sell Rule #6? +37% Volume? 38
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21 of 55 Stocks 41
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No Winners Yet 12 in 4 Months Bought AVGO 11/2/16 Bought COMM 11/3/16 Sold ATVI 11/4/16 43
Questions? 44
Again, The Whole List, 55 Stocks • • • 9 Reached the +25% Profit Goal, SR #2 2 Sold after reaching the BC Rules 20 Sold for small losses, average -5% 16 Sold for small gains 8 Still Owned (3 on BC Sell Rules) 45
Not The Best Stock Picker 22 of 55 Stocks 46
21 of 55 Stocks 47
No Winners Yet 12 in 4 Months Bought AVGO 11/2/16 Bought COMM 11/3/16 48
You Can Model This 49
Portfolio Management • If WL Stocks Break Out – Buy Them If I Have Buying Power And The Market Is: More Optimistic – Confirmed Uptrend Under Pressure – Correcting, but anticipating a FTD (Valid RD) • Scale Into Initial Positons – Partially Offsets the Optimistic Risks • Plan for 10 Positions Initially • Use 50% Buying/50% Maintenance Margin Loans • Buy Follow-Up Shares In Any Market Condition • Sell Stocks Only When Sell Rules Are Triggered 50
Don’t Measure $$$$$ Did I Follow My Rules? 51
The Sell Rules 52
- Slides: 52