Mr. Sensitive

April 12, 2013

FSX Friday Update

Filed under: Uncategorized — lbej @ 17:13

Stop me if you’ve heard this one: stocks sold off this morning on [insert earnings/geopolitical/economic headline] and rallied into the close as investors bought the dip.

[Stops]

Over the past three weeks, the Family Stock Index failed to reach a new high even as the broader market indices did so repeatedly.  The tape was fairly weak today, but the FSX managed to break through its intraday high of 15,311 set back on March 20.  We accomplished this feat thanks to Reagan and—believe it or not—Jenny.  It also helps that I seemed to have sidestepped the crazy train bearing down on me towards the end of last month; I wasn’t sure if working eight to ten hours a day would be enough to get the 2nd draft done by 3/31, whereas I was sure that going from that pace to full stop would break my brain, at least for a few days.  So far, so good; I had to push hard to finish, but I did, and my brain doesn’t seem to be broken.  Of course, if my brain did break, doesn’t it follow that I wouldn’t know it?

Advancers

  • Reagan (REGN) +16%.  After two years of stellar returns, Reagan lagged both the broader market and the FSX in the first quarter, and $185-188 was proving to be a significant area of technical congestion for the stock.  Another straight-As report card and a 100% on the most recent end-of-quarter standardized test reminded investors why they bid REGN up from $30 to $180 in two years, and Reagan blew past her prior all-time high by $27.  So of course Jenny nearly stole her thunder with a midday surge into the #1 spot, something that would’ve made Reagan furious…if I was stupid enough to tell her it happened.
  • Jenny (JNY) +11.2%.  My oldest daughter is growing up.  She’s already as tall as her mother, she repeatedly tries to leave the house in shirts that are too tight and skirts that are too short (according to her father), and now she’s got her first activist investor.  Barington Capital thinks Jenny needs to get her act together and is pressing the board of directors to unlock value (i.e., return capital and/or sell assets).  Jenny says she’s committed to getting back to straight-As this quarter; with activist parents and activist hedge funds behind her, she may just get it done.
  • Nami & Lita (NL) +11.1%.  I’ve never met Charlotte’s cats, but I imagine them like this (Nami is the big one, Lita is the little grump):

hoS125

So I try to be respectful.  I know what cats are capable of.

  •  Wilson (WILC) +9.3%.  Wilson, on the other hand, is capable of nothing.  He gets to do nothing outside, though, now that spring is here in full force.  That’s enough for a nine percent pop for WILC (and a 3.4% decline in Zondro, not coincidentally).
  • Lulu (LULU) +8.2%.  If love means never having to say you’re sorry, hate means never having to write about stupid, fat cats that track litter into your bed and attack your feet in the middle of the night.
  • Marcus (MCS) +5.3%.  Marcus reports that Jodi Ann is big into naps these days.  That information, coupled with the pop in MCS shares this week, makes me wonder what Marcus does with all that unsupervised time.  Probably cosplay.

Decliners

  • Jodi Ann (JOY) -4%.  Jodi Ann might want to invest in an alarm watch.  I’m not saying it’s gotten to this point:

ranma

But it’s a slippery slope, you know.

Name Ticker 4/12/2013 Change
Brinkley BCO $26.51 +0.61
Charlotte ICE $158.20 +3.14
Dustin DST $70.34 +1.44
Ghost Marisa MOLXA $23.99 +0.82
Icarus FAST $49.49 +0.30
Jenny JNY $14.07 +1.42
Jodi Ann JOY $54.47 -2.26
Justin SCI $16.31 -0.04
Katie CATY $19.21 +0.16
Lee TGI $81.67 +3.26
Lisa LNCE $25.26 +0.68
Lucas LEI $1.23 -0.02
Lulu LULU $69.60 +5.27
Marcus MCS $12.53 +0.64
Mario T.E. MGEE $55.72 +0.37
Mario T.Y. MAR $42.59 +1.93
Namilita NL $12.51 +1.25
Nicole E. NICE $35.06 -0.42
Nicole M. COLM $59.12 +0.42
Reagan REGN $215.84 +30.43
Ruby RJET $10.54 +0.47
Wilson WILC $6.85 +0.59
Winston ED $61.91 +0.60
Zero ZAGG $7.45 +0.13
Zondro ZQK $6.25 -0.22
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