Mr. Sensitive

January 4, 2013

FSX Friday Update

Filed under: Uncategorized — lbej @ 17:27

The stock market rallied all week—pausing to watch some really crappy bowl games on Tuesday—and when the dust settled the S&P 500 had reached its highest close since December 2007.  This despite a fiscal cliff deal that the talking heads on CNBC panned and a December employment report those same shameless shills held up as proof of lingering economic/Obamanomic weakness.  It’s clear that the Kernans, Santellis and Kudlows of the world don’t care about anything but taxes even though the financial markets they’re paid to cover aren’t paying any attention to the tax bills of the rich and famous.  Hopefully CNBC editorial will see fit to shift back to a professional, unbiased approach to financial reporting once Fox Business News has finally withered and died.  That can’t take too much longer.

The Family Stock Index dazzled this week, soaring 5.7% in the first three days of 2013 (doubling the gain for the S&P).  Including Monday’s 200-point gain—I can do that for the index, if not for its components—the FSX gained 1,000 points in just four trading sessions.  We topped the old all-time closing high of 13,615 and kept going.  We topped the 14,000 mark and kept going.  At the close of trading today, the FSX stood at 14,216.  I don’t know what to tell you, honestly; it’s like watching the Nasdaq in the spring of 2000.  Sure, that ended badly, but man was it fun to watch.

FSX breadth was as astounding as the headline numbers; the first three days of 2013 gave us 24 advancers and only one declining stock.  There wasn’t much hesitation, either; 19 of the 24 advancing stocks rose by 3% or more, and 13 of those added at least 4%.  That means an FSX member might have risen more than 4% yet still not merit mention in this week’s rundown; all in all, not a bad problem to have.

Advancers

  • Ruby (RJET) +34%.  Thirty-four percent in three days?  I don’t know what New Year’s resolution Ruby made for 2013, but investors seem to think it’s a world-beater.  If she executes, Ruby could end Reagan’s stranglehold on the top spot in the FSX (Reagan’s resolution: don’t drink soda except on weekends—I kid you not).
  • Zondro (ZQK) +19%.  It’s taken him the better part of three years, but I think Zondro may finally be settling in here:

zqk 001

All I had to do was set a pillow down behind the chair in my office.  Who knew?

  • Lucas (LEI) +12%.  You know what?–I’ve got nothing to say about this, not yet.  I’m not going to jinx it…unless I’m jinxing it by saying I’m not going to jinx it.
  • Nami & Lita (NL) +7.3%.  I neglected to mention in December that Nami & Lita were celebrating the first year of rule over their people, Charlotte and Zero.  So nice of the market to remind me.
  • Lee (TGI) +6.2%.  This is an auspicious beginning for Toogie Time, yes indeed.  I’ve drafted a new plan of attack for the final leg of the 2nd draft; Plan XIII, styled after the system used by the French General Staff leading up to WWI, will deliver the book into Katie’s hands by March 31.  I consider my estimates to be conservative this time, and the market certainly seems to believe.  We should know by the end of this month whether that faith is warranted.
  • Reagan (REGN) +5.8%.  Reagan’s New Year’s resolution makes me wonder: how much soda has she been drinking during the week?  We don’t buy soda for the girls, so where does Reagan get enough carbonated joy that laying off it requires a resolution?  Could it be that Katie’s not the only one stealing my Cheerwine?
  • Brinkley (BCO) +5.4%.  His mother thinks he’ll be talking any day now.  I think the Chiefs are going to draft him with the first pick in the NFL Draft this April, and he won’t ever need to progress beyond growls and grunts.  Maybe he’ll be big and brilliant when all is said and done, but big and dumb was good enough for Brinky to take out his 52-week high.
  • Mario the Younger (MAR) +5.3%.  Here’s another new-ticker success.  With the holidays over, Mario can get back to work doing whatever it is he does—computer golf, I think.  More importantly, he can once again spend his morning commute talking to his sister about the girly shows they like to watch.
  • Ghost Marisa (MOLXA) +5.3%.  Looks like I’m three-for-three on new tickers so far.  (Zero’s +1.2% underperformance is really what the market looks for from him, so I’m calling that four-for-four.)  Now that I’ve taken down the Christmas tree, Marisa has gone back to making Brinky laugh at her spectral hijinks.  I can only hope she enjoys it half as much as he does.
  • Justin (SCI) +4.1%.  Justin is relieved to be back on Long Island, at least if his biographer is to be believed.  According to Reagan, Justy had to hide his toilet-life while he was travelling, and it was really hard for him.

Decliners

  • Lulu (LULU) -5.6%.  Lulu tries to stay in Brinky’s room every night, and every night we make her leave before we shut the door.  Sometime thereafter, Marisa strolls right on through the door, or the wall, or the floor, and she and Brinky have a grand time together.  Presumably she opts to walk through the door so she can taunt her fleshy former nemesis.  That’s certainly what I would do.
Name Ticker 1/4/2013 Change
Brinkley BCO $30.08 +1.55
Charlotte ICE $129.60 +5.79
Dustin DST $62.72 +2.12
Ghost Marisa MOLXA $23.29 +0.97
Icarus FAST $48.04 +1.39
Jenny JNY $11.60 +0.54
Jodi Ann JOY $65.84 +2.06
Justin SCI $14.37 +0.56
Katie CATY $19.75 +0.22
Lee TGI $69.36 +4.06
Lisa LNCE $25.03 +0.91
Lucas LEI $1.64 +0.17
Lulu LULU $71.95 -4.28
Marcus MCS $13.05 +0.58
Mario T.E. MGEE $52.06 +1.11
Mario T.Y. MAR $39.23 +1.96
Namilita NL $12.29 +0.84
Nicole E. NICE $34.74 +1.26
Nicole M. COLM $53.40 +0.04
Reagan REGN $181.07 +10.00
Ruby RJET $7.60 +1.92
Wilson WILC $4.93 +0.18
Winston ED $56.90 +1.36
Zero ZAGG $7.45 +0.09
Zondro ZQK $5.07 +0.82

 

 

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