Seeking Alpha

Joseph P. Porter's  Instablog

Joseph P. Porter
Send Message
I am a retired college faculty in Philosophy, with specializations in Ethics, Socio-political Theory and Rational Choice/Decision Theory. My teaching focus was on Business Ethics, Medical Ethics and Logic. After retirement I freelanced as a Grant Writer/Fund Raising Consultant. I have taught at... More
My company:
TipRanks Ranking
My blog:
Joseph P. Porter's Instablog
  • Dogging The Market: Week 28 0 comments
    Jul 16, 2013 4:57 PM

    Sorry for the delay in getting last week's results up.

    Things look very good all around, at least as far as the teams go. There are, of course those few companies that continue to give poor showings, and I am tempted to not mention them anymore - why talk up a stock that's not doing well? Those companies will, of course, continue to be members of their team(s).

    The Dow:

    (click to enlarge)

    Everything here seems to be going along as usual Hewlett-Packard Co. (HPQ) continues to just roll along - looks to be on a pace to reach ~$35.00/share by the end of the year, but that's pure guessing on my part (would be a return of about 140%!). For the Pedigrees, Cisco Systems (CSCO) and Microsoft Corp (MSFT) are doing nicely, and Johnson & Johnson (JNJ) is close on their tails.

    In general, the Dogs are managing to stay about 400BPS ahead of the Pedigrees, and HP continues to be the reason they are where they are.

    With regard to the Dow Jones Industrials themselves, the index is up 18.01%, putting it just behind the Pedigrees, and with the Dogs setting a rugged pace.

    The S&P

    (click to enlarge)

    The Pedigrees keep up their impressive performance, with Seagate Technology PLC (STX) doing a nice imitation of HP - especially since they were kind of slow getting out of the gate. The Dogs surged nicely last week, picking up nearly 300 BPS over week 27. R.R. Donnelley & Sons (RRD) continues to do very nicely, and Excelon Corporation (EXC) got some juice, jumping 437 BPS in one week.

    The S&P 500 is up almost as much as the DJIA, with a yield so far of 17.81%. The Pedigrees are firmly ahead of that, and the Dogs trail by more than 1000 BPS.

    Disclosure: I am long PFE.

Back To Joseph P. Porter's Instablog HomePage »

Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.

Comments (0)
Track new comments
Be the first to comment
Full index of posts »
Latest Followers

StockTalks

More »

Latest Comments


Posts by Themes
Instablogs are Seeking Alpha's free blogging platform customized for finance, with instant set up and exposure to millions of readers interested in the financial markets. Publish your own instablog in minutes.