Fidelity and Janus Funds

Here you go.  I have been writing about a lot of trading during the last few months and we have had some solid winners.  Alcoa and Ford are just really getting their lets.  Look for some solid gains in them for the year and dividends shortly there after.  Right now it is time to move your long term money into the areas that have not participated.  

Janus Balance Fund was just named by Lipper as a top rated fund.  (I bought three days before the announcement)  I did that by research.  The Ticker is   JABAX  pull it up on Yahoo.com  Finance.  It is a balanced fund meaning that it has some cash, bonds and stocks.  

For the more adventuresome Look up two real estate funds  FRIFX and FRESX, for software and computer services try FSCSX and for Materials check out FSDPX all of these are from Fidelity. 

All of the above funds are free of sales commission if you keep them for a year.  I recommend you keep them for three years or more.

Now go make some money

las Vegas Sands

As mentioned a couple of days ago  Las Vegas Sands  (LVS) in fact broke out to new highs.  I still recommend this stock and expect at least another 20% out of it in the short term.

I think now is the time to be seriously looking at Tech and Real Estate mutual funds particularly no loads like Fidelity.

Still with me

Alcoa is building a base and is about to show you all what I think will grow to a 20% or better return for 2010.  Home Depot with a 3% dividend is poised to move higher as the economy moves forward in spring.  Las Vegas Sands (LVS) is building a nice support level here in the mid 19's.  This stock has made me a bunch of gains in the last year as a short term trade between 15 and 18 now it is getting ready to move to the mid 20's and beyond.  Buy in 20% increments of your intended total investment in this company (buy 100 shares out of desire to buy a total of 500)  If it moves down buy more if it moves up buy more.  Do this no more often then once per week to the aggregate.  

A new Paragraph for Ford (F).  By it period!  Ford is winning and will show great sales going forward.  It is my largest position and I have owned it from just over $6 per share.  

Start looking for REITS for a good IRA investment vehicle  HRP, WRE    and HPT deserve a look.  I do not like them for non IRA accounts because of the Tax forms that can come as late as the end of March each year.  

I as still standing by my 12,000 DOW predication for 2010   Have fun

Airlines

Sold AMR Jet Blue and US Air.  gain over 26% on AMR and US Air gain of 3% on Jet Blue all in 17 days   Take the money and run.  Wait for next pull back and buy again

Buy the company not the market

In December, I make a statement about airlines flying high and suggested buying on dips.  Well, I took my own advise and after watching American, Jet Blue, and U S Air raise rates again, it was time to jump in.  The result, even though the stock market has been languishing in uncertainty, has been amazing.  I bought on February 1st and as of February 12, the growth of my investments thus far:  American Air lines up 21.14%, Jet Blue up 1.79% and US Air up 22.93%.  Those are not annualized returns, they represent just 2 weeks.

I had also said that Alcoa was going to be a winner.  And it will be Buying at current levels is something I am looking very closely at.  

I had predicted that jobs would grow in January, well I missed that one by just 22,000 jobs.  Okay I will take a hit on that one, but I think I missed it just by a month.  Watch for February it should be the turning point.  

Also, just in case you missed it.  Ford Motors is about to break to the upside again.  My target is 15 plus per share.  I think by the end of 2011 they will even reinstate a dividend.

American Tel and Tel is being held back right now by the ongoing directed competition with Verizon, I still like the stock and love the dividend.

Meanwhile CD rates still are sucking wind.  Look to local credit unions for one year rates of 2:00%.  Rates should start up during the second half of the year.

Know when to hold them, know when to fold them

This market requires traders to get in a rhythm and longer term investors to buy and hold on the dips like yesterday and today.  The most important thing is do your home work,  look at earnings going forward and looking back, revenue growth and book value.  There are aways screaming buys in the equities market, you just have to get in the flow.  Buy on dips.  

ibm

It has broken below 130 and is very close to a support trend line this morning.  It may be a good time to stick your toe in the water/