Market 2017-10-02 and a 10-Year Review

The market carries its momentum into the 4th quarter, ignoring all the negative news.

Dow Jones +0.68%, S&P 500 +0.39%, Nasdaq +0.32%

What is Going on Today?

Biggest news --- Las Vegas shooting, killed 58 and injured 515. Gunman, 64-yr old Stephen Paddock, is a high-stakes gambler. His motive is still unclear. MGM -5.6%.

Spain is in a mess due to Catalonia independence referendum voting. Hundreds have been hurt. Developing story.

Nordstrom (JWN) drops buyout (go-private) deal, drags all the malls stocks down, including M, JCP, KSS, DDS, SHLD. I made day-trade on M for 2% profit.

GILD resumes its up trend with +3.1% gain. I am expecting the next profit-taking action will be in Nov when FDA approve Kite's KTE-C19, CAR-T cell therapy for Non-Hodgkin Lymphoma (NHL).

GM (+4.4%) will bet big on electric car, adding 20 models by 2023.

My Trades Today

Unload 40% CPTA @ $10 (+5% today, 10% profit). Sold 30% DIS @ $100 (only 3% profit). Day-trade M for 2% profit.

Looking back 10 years

I list some hot stocks and blue-chip stocks below with their average annual return in 10 years from 2007 (before the crisis) to 2017. Split and dividend are considered in return.

It is extremely important to pick the 'right' stocks and hold-on them. Biotech stocks perform very well in general.

NFLX Aug. 31, 2007: $2.50 2017: $174.71   return: 52.90%/yr
AMZN Aug. 31, 2007: $79.91 2017: $980.60         return: 28.47%/yr
AAPL Aug. 31, 2007: $19.78 2017: $164.00   return: 24.32%/yr
SBUX Aug. 31, 2007: $12.31 2017: $54.86         return: 15.66%/yr
NKE Aug. 31, 2007: $12.20 2017: $52.81         return: 15.13%/yr
MCD Aug. 31, 2007: $49.25 2017: $159.97         return: 14.39%/yr
DIS         Aug. 31, 2007: $33.60 2017: $101.20    return: 12.59%/yr
GOOG Aug. 31, 2007: $257.37 2017: $939.33         return: 11.39%/yr
MSFT Aug. 31, 2007: $28.73 2017: $74.77         return: 11.21%/yr
WMT Aug. 31, 2007: $43.63 2017: $78.07         return: 8.00%/yr
KO         Aug. 31, 2007: $26.89 2017: $45.55         return: 7.68%/yr
FDX Aug. 31, 2007: $109.68 2017: $214.38         return: 7.32%/yr
PFE         Aug. 31, 2007: $24.84 2017: $33.92         return: 5.89%/yr
GE         Aug. 31, 2007: $38.87 2017: $24.55         return: -1.52%/yr

My Favorite Biotech Picks (same period, dividend is not counted here):
ILMN 777% ---- total return close to APPL
BIIB 426%
CELG 369%
IBB (index) 330%
GILD 296% ---- total return close to SBUX
AMGN 255%

Three indexes:
Nasdaq +108%, S&P 500 +73%, Dow Jones +66%

Comments

  1. UnknownOctober 2, 2017 at 10:08 PM

    Today 'Mad Money' Cramer is recommending Accenture (ACN) and Buy Kohl's (KSS) under $40, which closed @ $44.62 today. I just added ACN to my watch list.

    Earnings tomorrow:
    before bell: NG
    after market: AZZ, LEN, PAYX

    ReplyDelete

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