I have discovered this evening (and noticed this the other day as well) that the quotes presented in the tabular screen capture I have been providing are not always very accurate.
This evening, for example, I was treated to a quote of 27.69 in MRH. That’s great, but also not very representative of where this stock closed at the end of the session(and thus basing the performance measurement on an AH quote is not all that accurate).
For what it’s worth, Stocktwits also shows this price, but there is no news that I can find that would lead to a +17% move AH.
Anyway, I have decided to take matters into my own hands and do what I do best: namely, make a couple of spreadsheets. The first will provide the exact same information I was obtaining from the screen capture, but with EOD quotes instead of some nonsense AH quote.
Here is what happened today:
It’s clean and delivers the exact same information as the old table.
Next, I have typically been delivering my performance statistics inserted at the end of the narrative in the post. For the sake of improved record keeping, I have created a table that calculates performance based off of a NAV. I will provide the following table and the position update above every day.
For reference, Overall% is since “inception” (which will be the same as YTD % until 2014), Daily % and Monthly % are pretty self explanatory.
As for the stocks:
- I mentioned it on Twitter earlier: AN is broken…going “full retard” to the upside right now. It declined for like a month straight in October and November, so should we really be surprised that it’s plowing ahead like this? Answer: Probably not.
- A CTB post is still in the works in the near future. The excitement is palpable…please contain yourselves.
- Most of the major indices broke out today…EEM did not. What happens if/when price returns to 45.3-45.4 will be telling.
- MRH is still grinding along in a very tight formation. But wait, it’s up $4/share AH!!11! False.
- PCL continues to grind higher. I’m looking to buy more of this stock in the mid 48’s.
- TTM has been all over the place the last two days…but closed at an ownership high for me today (30.72). This chaotic action is a bit unnerving …and it also has me nervous to add shares.
- The pullback in WGO continues to take shape. I want to add to this position and I will probably do it tomorrow near the close.
I have been working on a new weekend feature here at the blog, so stay tuned for that.
That is all. Have a good evening.
-EM
