|Day Low/High||16.51 / 16.79|
|52 Wk Low/High||13.01 / 21.35|
Markets are finally coming to grips with the disconnect between the domestic economy, earnings expectations and valuations.
Several positions were big movers last week, helping the portfolio easily outperform.
We trimmed 3 positions last week as the market took a pause ahead of the Fed meeting.
AssetOutlook™ Powered by CalAmp Telematics Cloud Introduces New Efficiencies for Construction Operations
Portfolio positions continued to do well as a March rate hike looks more likely.
Global IoT Enablement Solutions Provider Expands High-End Product Line for Global Customers
The portfolio continues to see substantial gains from several positions in this high-flying market.
We trimmed 2 portfolio positions and raised price targets on 2 other names last week.
Several portfolio holdings continued to climb higher with the broader market last week.
A majority of Growth Seeker's positions outperformed the market last week, but we continue to keep an eye on valuation.
In trading on Monday, shares of CalAmp Corp crossed below their 200 day moving average of $14.73, changing hands as low as $14.70 per share. CalAmp Corp shares are currently trading off about 2.2% on the day.
The portfolio had several outperformers during the first week of the new president's term.
'Growth' stocks took a back seat to dividend payers last week as earnings and President Trump took center stage.
We initiated a new portfolio position as earnings season and EU issues heated up.
CalAmp Supply Chain Integrity Delivers Real-Time Visibility of In-Transit Goods for Improved Supply Chain Performance
The year started off decidedly positive for the markets and many portfolio positions, but we believe a challenging tightrope lies ahead.
Entering the new year, we'll be seeking growth in 2017 and beyond, much like we have with our existing positions.
As we enter a new year, we'll be seeking growth in 2017 and beyond, much like we have with our existing positions.
As we reach the last few trading days of 2016, the market run-up could be getting long in the tooth.
These heavily shorted stocks could get squeezed much higher if they report positive earnings this week.
Investors in CalAmp Corp saw new options become available this week, for the February 2017 expiration. At Stock Options Channel, our YieldBoost formula has looked up and down the CAMP options chain for the new February 2017 contracts and identified one put and one call contract of particular interest.
We initiated a new position in a 'sleeper' of a growth stock as indices ended last week largely flat.
GovOutlook and Cityworks Integration Expedites Work Order Processing, Improves Mobile Workforce Productivity, and Increases Customer Service
With valuations stretched, we are looking at the intersection of thematic tailwinds and stock laggards to put some cash to work.
We exited one portfolio position as several market indices recently landed in overbought territory.
Advanced Telematics Systems Automate Vehicle Crash Reporting, Predictive Repair and Injury Estimates Promising Major Service Improvements and Cost Savings for Insurers