rjm77me's Blog : Thanks for following my blogs and Picks

For agreesive trading portfolio
Bought ANR Mar 20 calls at 1.82 and sold them at 2.05
Also sold WLP calls bought yesterday
I am adding some IWM puts to balance the portfoio - just a tiny bit for any whipsaw

Market is waiting for some king of positive response from Europe and any disappointment can change the market direction on the dime

TUP is a short on any up side attempt

Determining "value" is a purely fundamental exercise.

Several statistical studies have shown that valuation-based stock selection strategies work best when paired with Relative Strength. For me, the two most influential and accessible studies are James O'Shaughnessy's "What Works On Wall Street" and Charles Kirkpatrick's "Beat the Market."

In real-world terms, the subsequent outperformance seen in stocks that feature both low valuation and high relative strength makes a lot of intuitive sense. Think of it this way: if you see value in a stock that no one else ultimately sees value in, that investment is likely to be dead money, or at worst a value trap. After all, value stocks are always cheap for a reason -- even if you can't pinpoint the reason yourself. By pairing inexpensive multiples with a high Relative Strength rank, you'll never catch the bottom in a value stock, but you will be buying cheap stocks that are under accumulation, which greatly increases the odds you'll see a positive return on your investment.

I'm gaining >10pct ..
Started investing again - just 10 days.

Thank you very much.