Fantasy Portfolio – May 29
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This week, I decided to make a couple of changes to my fantasy portfolio. I sold my full position of PFE based on Jim Cramer’s bearishness on the stock. Basically, big name pharmaceutical companies aren’t moving a whole lot and Cramer sees changes from Obama going negatively for those stocks.
I wanted to get into a stock that has been beaten down and could very well make a comeback very soon, so I decided to get into the retail sector with HD. The housing market is starting to bottom in some states, and even a turning around in California and Florida. With retail numbers getting better, and the prospect of more housing being bought and fixed up, I saw the recent dip in HD to be a great opportunity for getting in.
Both the DJI and my portfolio increased since last week, but my portfolio won out … again! I might use this next week as a profit-taking week since my stocks have seen huge gains in the last two weeks. I might even add to some of my positions if I see a 5-10% pullback in some of them.
Dow Jones at Year Start- $9,034.69
Dow Jones at End of Week – $8,500.33
Dow Jones Point Gain - (-$534.36)
Dow Jones Percent Gain – (-5.91%)
Portfolio at Year Start – $104,435.54
Portfolio at Week End – $114,536.74
Portfolio Total Gain – +$10,101.20
Portfolio Percent Gain – +9.67%
<h4>Symbol – Shares – Last Price – Purchase Price</h4>
MCD —– 50 —– $58.99—– $54.47
BP ——– 155 —— $49.50 —– $39.99
HD —– 250 ——- $23.16—– $22.95
KMP —- 100 —— $51.14 —– $46.92
MO —— 525 —— $17.09—– $15.75
T ——– 300 —— $24.79 —— $25.82
NAT —- 150—— $33.54 —— $29.16
CAT —- 100 ——- $35.46 —– $26.36
AEM — 100 ——- $61.86 —— $45.53
PEP —- 200 ——–$52.05 —— $49.45
JPM —- 100 ——- $36.90 —— $33.99
AAPL — 50 ——- $135.81 —– $120.96
<h3>Transactions for the Week</h3>
5/29 Sell 275 Shares of PFE at $14.80
5/29 Buy 250 Shares of HD at $22.95
<h3>Dividends Paid</h3>
None
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