Fightin Phils Win and a fantasy baseball lineup of stocks

Well you should have had your Dicks Sporting Goods, (Symbol DKS), stock in hand from last week's blog because once the Phillies "Little Red Machine" won, (that is what Jimmy Rollins has coined them as, since they are the first NL team to repeat since those '75 REDS), Phillies fans have swarmed into DKS stores buying up shirts,hats($30.00 bucks right now for a Phillies red hat), and all merchandise RED.
I thought it would be fun to put together a fantasy baseball lineup made up of stocks based on the current Phillies positions in their lineup with speed being faster growing companies and power the steady consistant players. We will need a powerful lineup to take our revenge finally for the 1950 World Series loss to the Yankees ,(4-0 sweep no less, three consecutive one-run decision games,Fightin's scored no more than 2 runs), to Joe Dimaggio and the series MVP "Scooter" Phil Rizzuto.
The '49 and '50 Yankees had a wicked good pitching staff with Raschi, Reynolds, Lopat, Byrne, and Whitey Ford.
Well here is the lineup by position:

Batting order:

1. InterDigital Corp. (IDCC) SS
2. Adobe Systems (ADBE) CF
3. McDonalds Corp. (MCD) 2ND
4. Conoco Phillips (COP) 1ST
5. Caterpillar Inc. (CAT) RF
6. Nucor (NUE) LF
7. Gilead Sciences Inc. (GILD) 3rd
8. SPX Corp. (SPW) C
9. Urban Outfitters Inc. (URBN) P

Well Harry Kalas would say that ball is out-of-here! Whitey Ashburn played
on those 1950 World Series Phillies and both their spirits will be here with us in that booth in the sky above that sees all.

Go Phils!

Freewilly

Little surprises, and an inflection point with viewing quarterly earnings

Yes, Zooey Deschanel is guilty of eating frozen yogurt. Or maybe she has that surprised look on her face because she, like me, had sold her Garmin (GRMN) stock at a 21% gain, had the current quarter earnings come in as predicted down 33% , and revenues down 27% YOY (year over year) and promptly watch the stock go up 6 points on the news!#$%$?????
Why you ask? because the reality of their current business for the quarter now does not seem to matter to wall street. We have hit an inflection point. Business Wire by the way reported this as, and I quote, " Improved results and sequential growth" because Garmin did not perform as bad as the most dire preditions. So we have made a turn in the road where if the underlying company is giving future guidance as good, the current results are simply disregarded.
If you had instead invested in one of the retailers that Zooey may shop at , Philadelphia based retailer Urban Outfitters, (URBN) , according to my watch list you would be up a cool 68% plus this year. They sell hip clothes to people who don't want to look like they just
got their wardrobe at Walmart. (I am certainly no fashion statement). Likewise the 6 month chart of stazy retailer Aeropostele Inc, (ARO), is up 85% with the retailing industry in the doldrums. Go figure?

Have a good weekend. Weather prediction: it will be 96 degrees on Monday.

Freewilly

Market Update -7/12 or "Dogs marching up a hill"

I have always loved this picture from the web and needed to work it into a blog post. These dogs are working so very hard to get up the hill and seem to be on a mission. I am not sure where they are going. ?

Well the picture is like the current stock market here in the US (as of 7/10). You can have the best quality stocks in your portfolio and be working very hard to improve your positions , but you really don't know where it is going over the last 6 weeks or the next six. I guess we should have all "sold in May and went away." I say every year that "were not going to get fooled again" to quote The Who, but we are probably more fully invested at this time in stocks versus cash than we should be. Hunker down time.

Some things you can do right now is to re buy positions where you have an unrealized capital losses and then sell your original position in 31 or 32 days. You can lock in tax losses for 2009 and sometimes get a little uplift in the stock price. You can also re balance the diversification of your portfolio by buying and selling like priced stocks in different sectors.

I think what we need here right now is for the 30 year interest rates for mortgages to be cut down to the 4 % to get all this debt in the system refinanced and get the housing market moving again.

We also need stimulus grants to small businesses to get them moving again, because they create 60 to 80 % of the new jobs in the US.

We also need to put back in place the "uptick" rule for shorts in the market so that these super "bear" hedge funds with their pools of money cannot continue to strafe good stocks with earnings and decimate them.

Enjoy your week. .............(If you are an employer, hire somebody and put them to work on a project to create new growth at your company.)

Freewilly