Monday, August 26, 2013

My Stock of the Day: OME


Through July 31, AAII’s Shadow Stock portfolio was up double-digit annualized returns over 5 years (+24.2%), 1 year (+76.6%), and YTD (44.4%). See:

The current list of six companies recently passing AAII’s selection criteria for the Shadow Stock portfolio includes Omega Protein Corp. (OME). See:

My 5-year Yahoo chart for OME shows a strong recovery from the market collapse of 2008-2009 but since then a down trend. See:

My 3-month chart suggests now is a good time to watch the progress of OME’s 20-day moving average on a daily basis to see if it provides a hint of a new up trend. See:

Moving averages, MACD, and RSI are indicators, not forecasts or promises. They confirm merely that it’s time for each of us to decide on our own whether or not to buy or sell or hedge.

Never forget: All investments and savings and life insurance are gambles on the unknowable future and thus subject to loss as well as gain. Inflation is one reason. Since 1945, it has averaged 4.1% yearly. At that rate, the dollar loses half its value (purchasing power) in about 17 years.

If you wish, visit my website for lots more research I share with do-it-yourself portfolio managers:

No comments:

Post a Comment