MM Portfolio as of Market Close on June 23, 2017

Company Symbol Last price Shares Mkt value Return % Portfolio %
Lennox International Inc. LII  $187.61 18  $3,376.98 -1.59% 2.98%
East West Bancorp, Inc. EWBC  $56.21 58  $3,260.18 -5.99% 2.88%
TAL Education Group (ADR) TAL  $119.78 33.67  $4,033.21 12.93% 3.56%
Microchip Technology Inc. MCHP  $81.58 49  $3,997.45 11.93% 3.53%
Cognex Corporation CGNX  $91.74 44.8  $4,110.31 15.09% 3.63%
Applied Materials, Inc. AMAT  $44.09 92.52  $4,079.25 14.22% 3.60%
Lam Research Corporation LRCX  $151.78 28.23  $4,284.61 19.97% 3.78%
IDEXX Laboratories, Inc. IDXX  $167.35 23.25  $3,891.59 8.96% 3.43%
Veeva Systems Inc VEEV  $63.82 72.57  $4,631.48 29.68% 4.09%
Activision Blizzard, Inc. ATVI  $60.44 72.99  $4,411.39 23.52% 3.89%
Facebook Inc FB  $155.07 25.58  $3,967.28 11.08% 3.50%
Arista Networks Inc ANET  $161.62 27.08  $4,377.25 22.56% 3.86%
Paycom Software Inc PAYC  $73.03 65.37  $4,773.96 33.67% 4.21%
HDFC Bank Limited (ADR) HDB  $87.36 40.49  $3,537.21 -0.96% 3.12%
Cirrus Logic, Inc. CRUS  $66.01 56.25  $3,713.26 1.67% 3.28%
Alibaba Group Holding Ltd BABA  $143.01 31.47  $4,500.00 12.55% 3.97%
Dave & Buster’s Entertainment, Inc. PLAY  $67.51 56.82  $3,835.59 5.01% 3.39%
Coherent, Inc. COHR  $239.02 17.58  $4,201.97 14.66% 3.71%
New Oriental Education & Tech Grp (ADR) EDU  $72.72 51.72  $3,761.08 1.10% 3.32%
Control4 Corp CTRL  $20.46 211.32  $4,323.61 16.21% 3.82%
NVIDIA Corporation NVDA  $153.83 28.61  $4,401.08 18.29% 3.88%
PRA Health Sciences Inc PRAH  $75.38 53.09  $4,001.92 7.56% 3.53%
Taiwan Semiconductor Mfg. Co. Ltd. (ADR) TSM  $36.73 104.83  $3,850.41 3.48% 3.40%
Paypal Holdings Inc PYPL  $54.33 76.17  $4,138.32 9.46% 3.65%
TransUnion TRU  $44.44 88  $3,910.72 2.53% 3.45%
Stryker Corporation SYK  $141.12 27  $3,810.24 -0.27% 3.36%
CBOE Holdings, Inc CBOE  $88.77 44  $3,905.88 1.25% 3.45%
Align Technology, Inc. ALGN  $153.50 27  $4,144.50 13.92% 3.66%
Cash  $69.70  $69.70
 Total $113,300.91  13.30% 100.00%
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EWBC Out, GLPI In

On June 26, 2017, we will be selling EWBC and buying GLPI using the proceeds.

Happy investing,..the monkey way.

 

S&P 500 Beating Portfolio: Performance as of June 23 2017

Performance Since Inception on March 27, 2017

S&P 500 : 4.69%

MM Portfolio : 13.3%

Weekly Performance for week ending June 23, 2017

S&P 500 : 0.22%

MM Portfolio : 2.58%

Market Commentary for the week

Technology stocks rebounded this week, so does our portfolio. I do not want to create an impression that the portfolio is always technology focused. Currently, they are performing well. So, we should take advantage of it. It might change in the future. We will then follow the course – picking the best stocks at that time.

Overall, so far, we are doing good. Congratulations to all those who followed this blog and made good returns.

Good luck with your investing..the monkey way..

MM Portfolio as of Close June 16,2017

Name Symbol Last price Shares Mkt value Gain % Return % of portfolio
TAL Education Group (ADR) TAL  $118.17  33.67  $3,979.00  $407.57 11.41% 3.59%
Microchip Technology Inc. MCHP  $81.23  49.00  $3,980.30  $408.87 11.45% 3.59%
Cognex Corporation CGNX  $91.21  44.80  $4,086.56  $515.13 14.42% 3.69%
Applied Materials, Inc. AMAT  $43.11  92.52  $3,988.58  $417.15 11.68% 3.60%
Lam Research Corporation LRCX  $148.21  28.23  $4,183.83  $612.40 17.15% 3.78%
IDEXX Laboratories, Inc. IDXX  $160.71  23.25  $3,737.18  $165.76 4.64% 3.38%
Veeva Systems Inc VEEV  $59.63  72.57  $4,327.41  $755.98 21.17% 3.91%
Activision Blizzard, Inc. ATVI  $58.80  72.99  $4,291.69  $720.26 20.17% 3.88%
Facebook Inc FB  $150.64  25.58  $3,853.94  $282.52 7.91% 3.48%
Arista Networks Inc ANET  $151.58  27.08  $4,105.33  $533.90 14.95% 3.71%
Paycom Software Inc PAYC  $69.36  65.37  $4,534.05  $962.63 26.95% 4.10%
HDFC Bank Limited (ADR) HDB  $88.61  40.49  $3,587.82  $16.37 0.46% 3.24%
Ichor Holdings Ltd ICHR  $22.91  147.00  $3,367.77  $(205.10) -5.74% 3.04%
Cirrus Logic, Inc. CRUS  $62.61  56.25  $3,522.00  $(130.44) -3.57% 3.18%
Alibaba Group Holding Ltd BABA  $134.87  31.47  $4,243.86  $591.41 9.01% 3.83%
Dave & Buster’s Entertainment, Inc. PLAY  $68.35  56.82  $3,883.32  $230.87 6.32% 3.51%
Coherent, Inc. COHR  $241.00  17.58  $4,236.78  $572.12 15.61% 3.83%
New Oriental Education & Tech Grp (ADR) EDU  $74.10  51.72  $3,832.45  $112.20 3.02% 3.46%
Control4 Corp CTRL  $19.35  211.32  $4,089.04  $368.49 9.90% 3.69%
NVIDIA Corporation NVDA  $151.62  28.61  $4,337.85  $617.14 16.59% 3.92%
PRA Health Sciences Inc PRAH  $72.64  53.09  $3,856.46  $135.71 3.65% 3.48%
Taiwan Semiconductor Mfg. Co. Ltd. (ADR) TSM  $35.87  104.83  $3,760.25  $39.46 1.06% 3.40%
Mercadolibre Inc MELI  $263.45  13.00  $3,424.85  $(333.15) -8.87% 3.09%
Paypal Holdings Inc PYPL  $51.84  76.17  $3,948.65  $168.05 4.44% 3.57%
TransUnion TRU  $43.80  88.00  $3,854.40  $48.48 1.77% 3.48%
Stryker Corporation SYK  $142.24  27.00  $3,840.48  $19.75 0.52% 3.47%
CBOE Holdings, Inc CBOE  $88.57  44.00  $3,897.08  $73.56 1.13% 3.52%
Align Technology, Inc. ALGN  $145.26  27.00  $3,922.02  $58.90 10.87% 3.54%
Cash  $46.61  $46.61
Total        $110,719.98     10.72%

S&P 500 Beating Portfolio: Performance as of June 16, 2017

 

Performance Since Inception on March 27, 2017

S&P 500 : 4.47%

MM Portfolio : 10.72%

Weekly Performance for week ending June 16, 2017

S&P 500 :  0.06%

MM Portfolio :-1.51%

Market Commentary for the week

The selloff in technology stocks continued throughout the week and it affected our portfolio drastically, reducing the value by 1.51%. Still, the portfolio is up 10.72% since March 27,2017. The ups and down in the market is part of the market. So, we need to have patience in harvesting the rewards. It is like planting a fruit  tree. You need patience to grow it, nourish it so that you can pluck the juicy fruit and enjoy the rewards of your hard work. If you are here for a quick gain, this portfolio is not for you. Be patient and based on my last year’s experience, rewards will come.

Since I follow  a disciplined methodology in creating this portfolio, I cannot sell the stocks in a panic. We do not make profit in every stock. But, we will find good winners that will compensate the losses and more. Some of the bad performers will be kicked out as part of the methodology.

MM Portfolio as of Friday, June 9, 2017 Close

Name Symbol Last price Shares Mkt value Overall Return % % of Portfolio
Align Technology, Inc. ALGN  $148.85  27.00  $4,018.95 12.20% 3.58%
CBOE Holdings, Inc CBOE  $89.75  44.00  $3,949.00 1.82% 3.52%
Stryker Corporation SYK  $141.87  27.00  $3,830.49 0.26% 3.41%
TransUnion TRU  $41.75  88.00  $3,674.00 -0.64% 3.27%
Paypal Holdings Inc PYPL  $53.40  76.17  $4,067.48 7.59% 3.62%
Mercadolibre Inc MELI  $275.07  13.00  $3,575.91 -4.85% 3.19%
Taiwan Semiconductor Mfg. Co. Ltd. (ADR) TSM  $35.79  104.83  $3,751.87 0.84% 3.34%
PRA Health Sciences Inc PRAH  $72.55  53.09  $3,851.68 3.52% 3.43%
NVIDIA Corporation NVDA  $149.60  28.61  $4,280.06 15.03% 3.81%
Control4 Corp CTRL  $19.37  211.32  $4,093.27 10.02% 3.65%
New Oriental Education & Tech Grp (ADR) EDU  $72.47  51.72  $3,748.15 0.75% 3.34%
Coherent, Inc. COHR  $249.29  17.58  $4,382.52 19.59% 3.91%
Alibaba Group Holding Ltd BABA  $139.44  31.47  $4,387.66 11.00% 3.91%
Dave & Buster’s Entertainment, Inc. PLAY  $68.90  56.82  $3,914.57 7.18% 3.49%
Cirrus Logic, Inc. CRUS  $67.30  56.25  $3,785.83 3.65% 3.37%
Ichor Holdings Ltd ICHR  $24.73  147.00  $3,635.31 1.75% 3.24%
HDFC Bank Limited (ADR) HDB  $88.77  40.49  $3,594.30 0.64% 3.20%
TAL Education Group (ADR) TAL  $121.40  33.67  $4,087.76 14.46% 3.64%
Microchip Technology Inc. MCHP  $83.48  49.00  $4,090.55 14.54% 3.65%
Cognex Corporation CGNX  $93.89  44.80  $4,206.64 17.79% 3.75%
Applied Materials, Inc. AMAT  $44.74  92.52  $4,139.39 15.90% 3.69%
Lam Research Corporation LRCX  $157.78  28.23  $4,453.98 24.71% 3.97%
IDEXX Laboratories, Inc. IDXX  $164.56  23.25  $3,826.71 7.15% 3.41%
Veeva Systems Inc VEEV  $61.66  72.57  $4,474.73 25.29% 3.99%
Activision Blizzard, Inc. ATVI  $58.03  72.99  $4,235.49 18.59% 3.77%
Facebook Inc FB  $149.60  25.58  $3,827.34 7.17% 3.41%
Arista Networks Inc ANET  $149.46  27.08  $4,047.91 13.34% 3.61%
Paycom Software Inc PAYC  $65.56  65.37  $4,285.65 20.00% 3.82%
Total  $122,233.00  12.23% 100.00%

S&P 500 Beating Portfolio: Performance as of June 9, 2017

Performance Since Inception on March 27, 2017

S&P 500 : 4.41%

MM Portfolio : 12.23%

Weekly Performance for week ending June 9, 2017

S&P 500 : -0.31%

MM Portfolio :-1.23%

Market Commentary for the week

The week started nicely for our portfolio, but ended in a sad song. Along with NASDAQ’s drop, our portfolio also hit hard, dropping 3.86% on Friday. The drop was triggered by 2 comments, one by a short investor commenting on NVDA indicating that the analysts are not analyzing NVDA properly and the stock would go back to $130s. This is the same investor who predicted the same stock would go back to $90s when it was trading in $120s. This shows us how certain statements by certain investors can have an impact on the stock market. Nobody can predict the future and there is no easy way to say how much a stock is worth.

The other factor that caused a big impact was a comment by another analyst firm that overall the technology market is overvalued. That is why you see only NASDAQ was hit hard. Our portfolio has more technology stocks. We are not always tech heavy. But, those are the stocks currently doing well and hence you will see it in our portfolio.

So, if you believed in this portfolio and started investing on Friday, June 9th, you must have sort of terrified to see that you lost 3.86% of your portfolio in one day. I can understand that feeling and I was there before you. But, overall in the mid to long-term, this portfolio will do very good. That is my belief. This also teaches you one thing: do not invest money that you cannot loose. Also, means, if you have some important need for that money in a very near term, do not invest. Investing is always risky and rewards may not come as quickly as you may want.

So, where we will go from here? When I checked the volume of the stocks in our portfolio, in many cases, it is almost twice of the average volume. So, my thinking is that the sellers are more likely individual investors suddenly got panicked and started selling. There could be institution as well, but, not all are selling. This also could be an opportunity people used to cash in some gains in the recent weeks and months in these stocks.  So, do not worry too much at this point. We will keep monitoring the situation.

Monkey says: Invest carefully. But, invest.

MM Portfolio as of June 2,2017

Name Symbol Shares Mkt value Gain Overall Return %
Mercadolibre Inc MELI 13  $3,644.81  $(113.19) -3.01%
Coherent, Inc. COHR 17.58  $4,497.49  $832.83 22.73%
IDEXX Laboratories, Inc. IDXX 23.25  $3,949.96  $378.53 10.60%
Facebook Inc FB 25.58  $3,929.93  $358.50 10.04%
Align Technology, Inc. ALGN 27  $4,041.90  $178.78 12.51%
Stryker Corporation SYK 27  $3,900.96  $80.23 2.10%
Arista Networks Inc ANET 27.08  $4,123.75  $552.32 15.46%
Lam Research Corporation LRCX 28.23  $4,481.08  $909.66 25.47%
NVIDIA Corporation NVDA 28.61  $4,109.54  $388.83 10.45%
Alibaba Group Holding Ltd BABA 31.47  $3,905.91  $253.46 4.33%
TAL Education Group (ADR) TAL 33.67  $4,134.56  $563.14 15.77%
SINA Corp SINA 36.39  $3,511.64  $(268.37) -7.10%
CBOE Holdings, Inc CBOE 44  $3,817.00  $(6.52) 0.07%
Cognex Corporation CGNX 44.8  $4,199.92  $628.49 17.60%
Microchip Technology Inc. MCHP 49  $4,132.69  $561.26 15.72%
New Oriental Education & Tech Grp (ADR) EDU 51.72  $3,825.21  $104.96 2.82%
PRA Health Sciences Inc PRAH 53.09  $3,886.19  $165.44 4.45%
Cirrus Logic, Inc. CRUS 56.25  $3,795.95  $143.51 3.93%
Dave & Buster’s Entertainment, Inc. PLAY 56.82  $3,899.80  $247.35 6.77%
Paycom Software Inc PAYC 65.37  $4,436.65  $865.22 24.23%
Veeva Systems Inc VEEV 72.57  $4,840.48  $1,269.05 35.53%
Activision Blizzard, Inc. ATVI 72.99  $4,353.73  $782.30 21.90%
Paypal Holdings Inc PYPL 76.17  $4,076.62  $296.01 7.83%
TransUnion TRU 88  $3,830.64  $24.72 1.46%
Chemours Co CC 89.91  $3,700.70  $(25.69) -0.69%
Applied Materials, Inc. AMAT 92.52  $4,329.98  $758.55 21.24%
Taiwan Semiconductor Mfg. Co. Ltd. (ADR) TSM 104.83  $3,792.75  $71.96 1.93%
Control4 Corp CTRL 211.32  $4,241.19  $520.64 13.99%
Cash  $67.98
Total      $113,459.01    13.46%