|Day Low/High||30.80 / 31.82|
|52 Wk Low/High||24.60 / 39.28|
In trading on Monday, shares of Resolute Energy Corp crossed below their 200 day moving average of $8.64, changing hands as low as $8.59 per share. Resolute Energy Corp shares are currently trading down about 1.1% on the day.
During a quiet week for the model portfolio, the markets continued to move higher in spite of lackluster economic data and political unrest in Eastern Europe.
Investors considering a purchase of Resolute Energy Corp stock, but cautious about paying the going market price of $9.06/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the September put at the $7.50 strike, which has a bid at the time of this writing of 45 cents.
As the market continued its march higher this week, we closed out two model portfolio positions.
Several model portfolio names issued earnings last week and we are optimistic as we prepare for another four reports this week.
Elsevier, a world-leading provider of scientific, technical and medical information products and services, today announced winning 10 PROSE Awards including the top honor, R.
In trading on Wednesday, shares of Resolute Energy Corp entered into oversold territory, changing hands as low as $7.38 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measure momentum on a scale of zero to 100.
With the selloff sending the market into a tizzy this week, we used the weakness to add shares to three model portfolio positions.
During a week in which the market revealed its ever-fickle nature, we added shares to one of our favorite model portfolio positions.
In trading on Friday, shares of Resolute Energy Corp crossed below their 200 day moving average of $8.72, changing hands as low as $8.52 per share. Resolute Energy Corp shares are currently trading down about 2.7% on the day.
As earnings season ramped up this week, we pocketed some impressive profits by trimming one model portfolio position and closing out another holding.
As we prepare to dive into earnings season this week, we added shares to one model portfolio position and bumped up our rating on the name.
As the markets roared higher this week, we sold half of one holding that seems to be stalling and added shares to a name we believe could be a big winner in 2014.
As the markets struggled with uncertainty this week, we initiated a model portfolio position in a name with strong international growth opportunities.
Elsevier, a world-leading provider of scientific, technical and medical information products and services, today announced that ScienceDirect now includes 25,000 science and technology books.
We are wrapping up our work on some new ideas and hope we to initiate some new model portfolio positions in the near future.
Elsevier, a world-leading provider of scientific, technical and medical information products and services, today announced that all 20,000 books in the science and technology portfolio on Elsevier’s...
As stocks continued their march higher this week, we added shares to one model portfolio position and raised our rating on the name.
A new name joined the model portfolio this week just after we made a hasty exit from another holding.
Investors in Resolute Energy Corp saw new options begin trading today, for the January 2014 expiration. At Stock Options Channel, our YieldBoost formula has looked up and down the REN options chain for the new January 2014 contracts and identified one put and one call contract of particular interest.
The most recent short interest data was recently released by the NASDAQ for the 10/31/2013 settlement date, and Resolute Energy Corp is one of the most shorted stocks of the Russell 3000, based on 6.66 "days to cover" versus the median component at 4.31. There are a number of ways to look at short data, but one metric that we find particularly useful is the "days to cover" because it considers both the total shares short and the average daily volume of shares typically traded.
It was a quiet week for the model portfolio, but with earnings season behind us, we are looking forward to adding some new names.
In trading on Thursday, shares of Resolute Energy Corp crossed below their last reported book value — defined as common shareholder equity per share — of $8.42, changing hands as low as $8.36 per share. Resolute Energy Corp shares are currently trading down about 5.8% on the day.
The company's third-quarter earnings results fell short of estimates but we're encouraged by its increased focus on improving production levels.
Keeping with our high-conviction approach, we added shares to one holding while others fled irrationally.
As earnings reports flowed and the market rally continued this week, we added shares to one model portfolio position.
Looking back to 166 days ago, Resolute Energy Corp priced a 13,250,000 share secondary stock offering at $8.00 per share. Buyers in that offering made a considerable investment into the company, expecting that their investment would go up over the course of time and based on early trading on Tuesday, the stock is now 27.4% above the offering price.
As earnings season kicked into high gear this week, we added shares to one model portfolio holding.
Elsevier, a world-leading provider of scientific, technical and medical information products and services, today announced the expansion of its Legacy Collection on ScienceDirect.
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