Mr. Sensitive

November 23, 2012

FSX Friday Update

Filed under: Uncategorized — lbej @ 15:43

This was a blowout week for the stock market, any way you slice it.  The S&P 500 and the Dow Industrials each added around 3.5% to close above the psychologically-important levels of 1400 on the S&P and 13,000 on the Dow.  The Nasdaq led the way, climbing 4% behind at 8.3% rebound in shares of beaten-down bellwether Apple.  Volume was even decent, considering that the market was closed Thursday and open only a half-day today.  The market has shaken off its post-election funk in decisive fashion, and just in time for the holidays.  I give Congressional blowhard ideologues until the middle of next week to grinch it all up.

Believe it or not, this was the best week the Family Stock Index has had all year.  We finished the shortened Friday session at 12,929, up 4.5% for the week; breadth was terrific as well, with only two of the 25 index members ending the week in the red.  The FSX is still well below the October highs, as evidenced by the fact that the week’s dramatic surge produced only one new 52-week high (Reagan, duh) and two new lows.  Far be it from me to punch a gift horse in the face, or whatever.

Advancers

  • Zero (ZIP) +17%.  Zero zagged again this week, easily clearing near-term resistance at $8.  He’s now positive for the fourth quarter and his year-to-date loss is back below 40%.  We’ll call this the Reagan Effect.  Zero is slated to advise on the purchase of a guitar for Reagan, thus helping to launch next year’s ascent to global superstardom that is the only possible explanation for her stock’s 2012 performance.
  • Reagan (REGN) +12%.  She’s going to be Taylor Swift without stalker-itis, Adele without the pumpkin head, Nicki Minaj without, well…everything.  There’s no other way to explain the market infatuation with Reagan that’s produced a 218% gain in her stock just this year.  All she needs is an instrument and an inspiration…
  • Jenny (JNY) +7.5%.  …so expect Reagan’s first album to be about how mean her sister is.
  • Ruby (RJET) +7.5%.  Ruby could be Reagan’s manager.  Anyone who crosses her once for damn sure won’t do it again.
  • Katie (CATY) +6.6%.  Reagan loves her Mommy.  So get ready to be in the front row at every concert, like it or not.
  • Brinkley (BCO) +5.7%.  Drums.
  • Marcus (MCS) +5.7%.  Spooky instrumentals.

Decliners

  • Winston (ED) -1.6%.  Ed is having a hard time coming to terms with the Republican setbacks in this year’s election, sliding to a new low for 2012.  Four more years of Bo Obama is a bitter pill for him to swallow.
  • Lee (MSTR) -6.0%.  A fresh 52-week low; a big drop in a surging market; down now 35% for the quarter and 20% for the year.  I couldn’t argue if I was inclined to.
Name Ticker 11/23/2012 Change
Brinkley BCO $26.83 +1.45
Charlotte ICE $131.19 +3.59
Dustin DST $56.96 +2.27
Ghost Marisa MOLX $26.62 +1.16
Icarus FAST $41.14 +0.14
Jenny JNY $11.77 +0.82
Jodi Ann JOY $57.13 +2.25
Justin SCI $14.04 +0.36
Katie CATY $17.91 +1.11
Lee MSTR $86.30 -5.48
Lisa LNCE $23.56 +0.55
Lucas LEI $1.53 unch
Lulu LULU $70.67 +2.65
Marcus MCS $11.14 +0.60
Mario T.E. MGEE $48.83 +0.24
Mario T.Y. WMAR $10.41 +0.41
Namilita NL $10.50 +0.40
Nicole E. NICE $32.80 +0.49
Nicole M. COLM $56.84 +2.17
Reagan REGN $176.08 +18.39
Ruby RJET $5.33 +0.37
Wilson WILC $4.18 +0.07
Winston ED $54.10 -0.88
Zero ZIP $8.12 +1.17
Zondro ZQK $3.84 +0.22
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1 Comment »

  1. I would happily sit in the front row at Reagan’s concerts.

    Comment by euregirlsandboys — November 23, 2012 @ 16:11 | Reply


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