#HYHRD: 8/1 #BuyList $HTBK $LARK $NTRI $CBRL $SPTN $AOS $FAF $VGR $NWL $NYCB $GD $LMT

Checking my previous posts for symbols to add to my shopping list; #HYHRD: spreadsheets… and #HYHRD: Charts… yields this info;

From the #HYHRD comparison spreadsheet;

Based solely on the scoring procedure used on this Comparison Spreadsheet, I might look into buying; NTRI, ALK, LOAN, CBRL, NEWT, HAS, SPTN, NRZ, AOS, FAF, LEG, CNMD, VGR, TGT, AYR, HTBK, WMC, WTBA, DRAD, BGCP, NWL, APTS, FLXS, SAIC, PETS, TBNK, NYCB, BRKL, GD, FCAP, CATO, GAIN, LMT, VLGEA, LARK, MRCC, EBF, MITT, SWK, and BA, and may initiate a position at some point in the future. In so doing I would most assuredly affect my overall dividend yield, but the annualized total return may be worth that compromise. They must also look good on the charts.

Now, the above are the top scoring stocks based on return and yield from the score and watch list and are “in the green”. That alone doesn’t actually qualify them for acquisition.

I then look at the results from the charts for these candidates;

Based solely on this look at the charts, it is clear to see that some stocks are trending down, but some are trending up. There are a few new opportunities from the watchlist stocks. The current holdings are down quite a bit. It may be a good time to catch some ‘bargain’ prices on my current holdings, or build up cash reserves (‘dry powder’) for later deployment into other opportunities. There may be many other opportunities ahead, and I am watching and waiting.

For longer term growth, these dividend stocks stand out as trending up in all 6 charting periods and coming up off a dip with ‘buy signals’; htbk, lark

For shorter term growth, these dividend stocks stand out as trending up in the 3 most recent charting periods and coming up off a dip with ‘buy signals’; ntri, cbrl, sptn, aos, faf, vgr, nwl, nycb, gd, lmt

I might be tempted to buy one or more of the above on any dips.

Then, I apply this method (last changed for w/e 7/18/15);

  1. First, look at comparison spreadsheet – select all stocks “in the green” – NTRI, ALK, LOAN, CBRL, NEWT, HAS, SPTN, NRZ, AOS, FAF, LEG, CNMD, VGR, TGT, AYR, HTBK, WMC, WTBA, DRAD, BGCP, NWL, APTS, FLXS, SAIC, PETS, TBNK, NYCB, BRKL, GD, FCAP, CATO, GAIN, LMT, VLGEA, LARK, MRCC, EBF, MITT, SWK, and BA
    • Rationale; stocks already owned and/or showing growth potential
  2. compare this list to chart results (giving preference to stocks in uptrends for 6 periods over 3 periods;
    • Rationale; longer term results are more preferable than shorter term results because they imply some measure of ‘stability’;
      • (maintaining ranking order from spreadsheet);
        • select longer term growth results coming up off a dip, with ‘buy signals’ – htbk, lark
          • Rationale; longer term growth results coming up off a dip, with ‘buy signals’ would be my first choice(s)
        • select shorter term growth results coming up off a dip, with ‘buy signals’ – ntri, cbrl, sptn, aos, faf, vgr, nwl, nycb, gd, lmt
          • Rationale; shorter term growth results coming up off a dip, with ‘buy signals’ would be my second choice(s)
        • merge both lists, longer term first – htbk, lark & then shorter term – ntri, cbrl, sptn, aos, faf, vgr, nwl, nycb, gd, lmt
  3. Invest in positions (in order) – htbk, lark, ntri, cbrl, sptn, aos, faf, vgr, nwl, nycb, gd, lmt
    • Rationale; picking the “cream of the crop” to get the most “bang for the buck” to maximize growth potential
  4. If no stocks “in the green”, then add based on equal weight Overall Rank – MORL, NYMT, AI, ORC, CYS, NRZ, AGNC, CBRL, NRF, LOAN, VGR, PGH, BGCP, CNSL, O, DRAD, WSTG, HTBK, ANCX, NTRI, LEG, FAF, SWK, CNMD, AOS
    • Rationale; If no stocks “in the green” or trending up on charts, add based on equal weight Overall Rank (to spread the wealth)
  5. then, choose 3 stocks paying ‘qualified’ dividends for the taxable (sharebuilder) account – htbk, ntri, cbrl
    • Rationale; Only stocks paying ‘qualified’ dividends are for the taxable (sharebuilder) account for the lower tax rates.
    • Stocks selected must be “eligible” for sharebuilder’s AIP (LARK is ineligible)
    • Weekly investments (3/week) in the taxable joint account held at Capital One Investing (sharebuilder) started 7/7/15.

I define stocks that are “coming up off a dip, with ‘buy signals'” as stocks showing uptrends as previously defined in the “#HYHRD: Charts for w/e…” post and showing an upturn in MACD, Parabolic SAR, and price trend with a confirmation of increased volume and a positive Linear Regression Reversal. I define “‘in the green’ on the spreadsheets” as stocks showing a total (of % yield & % return, or “annualized return”) above 25% (i.e.; “in the green”). I further define “underweight current holdings” as those appearing on the “Equal Weight” spreadsheet that are NOT ‘overweight’ (in each account, by dollars invested).

These are not ‘hard and fast’ rules, but they’re a start. I’ll use them to guide me, but I may veer off in any direction at any time, such are the vagaries of my mindset (I’ll bet you knew that already, Cupcake!).

P.S. One more thing; I just started posting about Point & Figure charts for stocks already owned or under consideration, but they change daily, after the market close. I consult those posts (because they’re usually some of the last that are posted each week!) for additional info when shopping for stocks. I also started posting about a ‘top ten’ comparison, which might also be a good place to start looking for new additions. Just a thought…

Live long, and prosper!

About PandA Trader

I am, I think... "Disobedience, in the eyes of anyone who has read history, is man's original virtue. It is through disobedience and rebellion that progress has been made." -- Oscar Wilde
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