Mr. Sensitive

January 11, 2013

FSX Friday Update

Filed under: Uncategorized — lbej @ 17:22

The markets were stuck in neutral this week, with the S&P and the Dow adding less than half a percent and the Nasdaq slightly outperforming.; after a 4% surge last week in response to the resolution of the cliscal fiff and with earnings season beginning in earnest next week, half-a-percent isn’t half-bad.  The Family Stock Index matched the broader market’s performance, adding 0.4% on the week.  For the FSX, however, that 0.4% was enough to produce a series of new all-time highs, with the index settling out at 14,271.  We’re undeniably overbought from a technical standpoint, and at this point, I’m convinced we’d benefit more from a 300-point pullback than another 300 points of immediate upside.  Ed Winston kicks off FSX earnings season on Monday; we’ll see what kind of tone he sets.  If I have to guess, though, I’m going with ‘shrill.’

Advancers

  • Wilson (WILC +11.4%) and Zondro (ZQK +10%).  What’s going on here?  New 52-week highs for both Wilson and Zondro, year-to-date gains of 16% and 31%, respectively, and a 1-2 finish in the FSX for the week?  Well, the dogs are spending more of the day inside now than at any time in memory.  Why?  Not because of the weather, certainly; this winter has been a terrible disappointment so far.  The reason I let them in so often is because the alternative is to listen to them barking constantly at nothing.  I can’t put my headphones in and ignore them, not when there’s no one else here to pay attention to Brinky.  I’m effectively at the mercy of their infernal barkery, and I’m quite certain they know it.  Operation Hound-Howl is proving to be a resounding success.
  • Ruby (RJET) +6.2%.  On the road again.  In 2012, Ruby led the FSX with a 60% increase in the month of January; now up 42% over the first eight trading days of 2013, she appears to be turning in a repeat performance.  So each January, Ruby heads off to Atlanta and leaves the rest of the market in the dust.  Is that as catchy as ‘sell in May and go away’?  Maybe not, but it’s turning out to be a lot more profitable.
  • Jodi Ann (JOY) +3.5%.  As usual, I don’t have any insight into the whys and wherefores of the most newly-minted Mrs. Eure, so I asked my own Mrs. Eure to investigate.  All Katie could find was some pictures of Jodi Ann at what I assume is some sort of wildlife preserve, possibly on a class field trip.   (Do they have field trips in high school?  I honestly don’t remember.)

wildlife

Although maybe these were taken at a petting zoo; I don’t think they let you take pictures with the fauna at a wildlife preserve.

  • Zero (ZAGG) +3.1%.  Gorgo’s having her wisdom teeth removed, and thus Zero will be deprived of her wisdom going forward.  Based on this week’s price action, it may be that he’s taken in all the wisdom he cares to.

Decliners

  • Ed Winston (ED -1.7%) and Icarus (FAST -3.2%).  Maybe I’m overstating the effectiveness of Operation Hound-Howl in attempting to explain the rally in shares of WILC and ZQK.  Could it be that they’re planning a secret magic dog party and that’s what’s got them both so jazzed?  Ed and Icky would be missing the party, if indeed a party is in the offing, and that could explain why they had such a lackluster week.
  • LULU -1.5%.  So there’s definitely a secret magic dog party, and the only way Lulu’s getting in is if she’s on the menu.
  • Katie (CATY) -2.6%.  If Katie and I stick with the 30 Day Shred, she could end up looking like Jillian Michaels.  Would that be so bad?
  • Lee (TGI) -2.7%.  No, but it would be bad for both of us if I end up looking like Jillian Michaels.
  • Jenny (JNY) -6.7%.  Jenny reads a book a week these days, if it takes her that long, and many of the books she reads have strong fantasy elements.  And yet, my daughter—my daughter!—steadfastly refuses to read J.R.R. Tolkien.  The Lord of the Rings is the greatest fantasy series in existence—sorry, Harry—and Jenny won’t read it because she says she’s scared of Gollum.  I’ve tried every angle, going so far as to demand that she read The Lord of the Rings if she wants me to finish the basement for her (I’m not backing off that, either).  So this week Jenny learned what her next class book will be—and it’s The Hobbit.  Now, not only does she have to read The Hobbit, but she has to study it in depth and prepare to be tested on it.  I can’t imagine this is how Jenny hoped her 2013 would start out.
Name Ticker 1/11/2013 Change
Brinkley BCO $30.16 +0.08
Charlotte ICE $129.36 -0.24
Dustin DST $63.43 +0.71
Ghost Marisa MOLXA $23.63 +0.34
Icarus FAST $46.50 -1.54
Jenny JNY $10.80 -0.80
Jodi Ann JOY $68.13 +2.29
Justin SCI $14.46 +0.09
Katie CATY $19.24 -0.51
Lee TGI $67.48 -1.88
Lisa LNCE $24.90 -0.13
Lucas LEI $1.59 -0.05
Lulu LULU $70.84 -1.11
Marcus MCS $13.19 +0.14
Mario T.E. MGEE $51.93 -0.13
Mario T.Y. MAR $38.88 -0.35
Namilita NL $12.52 +0.23
Nicole E. NICE $34.66 -0.08
Nicole M. COLM $52.99 -0.41
Reagan REGN $179.46 -1.61
Ruby RJET $8.07 +0.47
Wilson WILC $5.49 +0.56
Winston ED $55.91 -0.99
Zero ZAGG $7.68 +0.23
Zondro ZQK $5.58 +0.51
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1 Comment »

  1. I’m really excited to hear how Jenny does with The Hobbit! I wish I had been told to read this in school. She is going to have a lot of fun with it, I’m sure.

    Comment by nicole — January 14, 2013 @ 16:08 | Reply


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