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Welcome! April 9, 2015.

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Presentation on theme: "Welcome! April 9, 2015."— Presentation transcript:

1 Welcome! April 9, 2015

2 Agenda Current Market Outlook Review and update the Watchlist
In-depth Company Reviews – QRVO, Others What do they do? Why pick them? CANSLIM Topics Leader Board (Bert had volunteered to go through this) Buying Checklist

3 Disclaimer… CAN SLIM® Is The Registered Trademark Of Investors Business Daily (IBD ®) Eric Willson is not and has never been employed by and does not represent IBD ®. I’m volunteering to do this on my own time. Eric Willson is not an EXPERT on CAN SLIM ® investing. The experts are William J. O’Neil and the people at IBD. I am not a financial advisor and am not providing any recommendations. I’m simply a guy who wants to meet with people to discuss investments. Everything I know comes from the basic source material.

4 About Us… We are a group of Charleston, SC based individuals striving to improve our investment results. Believing that the stock market provides unlimited opportunities, we bring together our experiences, beliefs, and knowledge to help one another, to learn, and to improve our success in the market. We’ll achieve this by regularly meeting, actively participating, positively encouraging, and genuinely helping one another. We’re open to and welcome all levels of investment experience and success. We recognize that there are any number of approaches to investing. This group is aligned to the CANSLIM methodology and the Investors Business Daily newspaper.

5 Current Market Outlook
As of April 3, 2015 Current Outlook: Uptrend under pressure 3 statuses: Confirmed uptrend, Uptrend under pressure, Market in correction Thursday 2-Apr-2015: Market up in lower volume Distribution Days: 9 on the S&P. 9 on the NASDAQ. This is a lot! Small caps have been doing a little better than large caps. Recently, the stock indexes have shown a discouraging trend of lightvolume on up days and rising volume on down days. It is a sign of funds selling into strength. It is also the sort of thing seen when a market is topping—but it is nothing new to this stock market. In the past couple of years, such action has led to only moderate pullbacks.

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7 Updating the Watch List

8 Updating the Watch List

9 In-Depth Review: Qorvo
Featured in Stock Spotlight on March 22, 2015. Very strong CANSLIM traits

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12 CANSLIM Topic: Buying Checklist

13 Future Topics Fundamentals and Technicals CANSLIM Basics
Chart reading: Bases, Pivot Points, and Breakouts Developing and sticking to rules Psychology Buying Checklist Sell Rules Post Analysis CANSLIM vs. other methodologies How to read the IBD newspaper Importance of picking leaders (stocks and sectors) Importance of cutting losses Why company performance does not always equal stock performance Importance of volume as an indicator Fundamentals and Technicals Fundamental Terms (Margin, ROE…) Institutional Sponsorship Distribution Days Market Tops Breakouts What’s a “proper” buy point? IPOs Market Direction: Don’t be a salmon

14 Resources www.investors.com IBD University IBD TV
IBD Radio Show (Podcast) Other IBD Meetups Petaluma (Lee Tanner) Tacoma (Heather Grehan) Books How To Make Money In Stocks – Bill O’Neil HTMMIS Getting Started – HTMMIS Success Stories – Amy Smith How I Made $2M In The Market – Nicholas Darvis Our Meetup Space Gary Kaltbaum ( & Podcast)

15 Wrap Up Next Meeting Date and Time: Location:
Company Review – Presenter: CANSLIM Topic:


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