Financial Advisor Update

November Stock-Slayer Report

Stock quotes in this article: PHM , GE , HNP , CBEH , BAC , QKLS  

NEW YORK (TheStreet) -- The Sumichrastreport.com basket of stocks, or as it has come be known, the S&P 500 Stock-Slayer Portfolio, fell last month. After being up 45%, it was up just over 32%, since its inception on Feb. 10, 2009 (see chart at end). Despite this 30% dropoff, the portfolio still beat the S&P, which returned 25% over the same period.

I have contended that people need to bury 'buy and hold,' and take the reins of their investments; i.e., take "stock" of your stocks on a continuous basis and forget the old-fashioned "buy and hold" strategy.

Did my strategy really pay off? It appears that it did. If you held on to all the 14 stocks I recommended since February, you would be up 29.92%, vs. recalibrating the portfolio and returning 32.19%.

Overall, I am very nervous about equities and, therefore, I have not added any new names to my list at this time. For the remaining six stocks in my portfolio, here's what I would do:

Pulte Homes (PHM Quote): At the end of September, I set a sell limit of $13.00. I missed the boat. It's now $9.01. I really don't like to double down, but I still think housing's recovery (albeit slow) will lift this "boat" back in the money. Hold.

General Electric (GE Quote): At least we are still ahead of our entry point of $11.62, but if these markets start to turn down, I could issue an "abandon ship" order. Hold.

Huaneng Power (HNP Quote): Down 12% since I first recommended it, HNP had a mid-month run in October, just to retreat as most China stocks suffered in the last 10 trading days. Hold.

  • Loading Comments...
  •  

SHARE:

  • email
  • print
  • comment
  • digg
  • delicious
  • linkedin

Recent Comments





Connect with TheStreet

Dow Jones S&P 500 NASDAQ 10-Year Note
10,058.64 1,070.52 2,150.87 36.33
Oil *
72.02
UP
150.25
UP
13.78
UP
24.82
UP
0.41
10 Yr
3.63%
SPDR Gold
105.45
+1.52%
+1.30%
+1.17%
+1.14%
Data delayed 20 minutes

More From TheStreet

Latest Headlines
  • Top Rated Stocks from TheStreet Ratings
  • Find returns with the Dividend Calendar

Brokerage Partners

TheStreet Premium Services

All Services