This article is a website version of our weekly FREE Best Ideas Newsletter sent on 30.04.2024.
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Two things I would like to talk to you about this week. The first is a great justified question from a subscriber about how long we are still going to be around.
The second thing is something I discovered that can help you. The surprising amount of information a candlestick chart tells you – A LOT more than I thought
How long are the screener and newsletters going to be around?
Last week a customer asked me a very justified question:
“My biggest concern at this time is: An investment strategy must be implemented for the long term. If I base my strategy on the availability of your screener, what do I do should it stop running?”
This is a fair question, and it is something we always ask ourselves with the services we use.
First, it's a great point to focus on long-term investing. That is what I do with my strategies.
Let me start my answer with a reminder, I started the screener to invest my own money when I left banking and I still use it daily. I am 57 and am not planning to retire. I love investing, have been doing it for over 37 years, and I am planning to do it as long as I can.
My role models in this regard are Warren Buffett (still going strong at 93) and Charlie Munger who invested right up till he passed away recently at the age of 99. So, I have no plans to stop the screener and newsletter services and am looking forward to serving you in the future with a tool we use to invest our own money.
Just a quick reminder.
The screener and the newsletter are not just products we sell. They are tools and investment strategies that we use to invest our own money – developed by investors for investors!
New Candlestick Chart Function Added
I never took the time to find out what a candlestick chart can tell me - to tell you the truth I always preferred a line chart.
This changed when we did some research to improve the charting function in the screener.
We added a candlestick chart with four moving averages that lets you quickly see what a company’s stock prices did recently.
It looks like this:
Information in a Candlestick
What I learned was that a candle in a candlestick chart gives you the following information:
- Open Price
- Highest price of the day
- Lowest price of the day
- Closing price
- Days movement in colour
In the Candlestick chart, each point consists of a rectangle (body or real body) and a vertical line (shadow, wick, or tail).
The top and bottom values of a vertical line show you the highest and lowest prices of the stock for that day.
The bottom and top values of the body (rectangle) show the opening and closing price of a stock.
I'm sure you can already see where this can help you. It gives you a much clearer picture of:
- How stock price has behaved.
- What you can expect once you've invested.
- How you can get better buy and sell prices.
Quant Value newsletter update
As you can imagine performance last week was mostly positive, with the following highlights, for example:
- MPC Container Ships +29%
- Höegh Autoliners +12%
- Fuji Furukawa Engineering & Construction +11%
Japanese companies gave back a bit of their gains so far this year, perhaps because of the weak Yen (good for exporters) but little company-specific news.
Remember the next issue will hit your inbox on Tuesday next week.
Subscribers are still sitting on the following solid gains:
- North America +41% (Celestica +304%)
- Europe +26% (Höegh Autoliners +100%)
- Asia +24% (Maezawa Industries +120%)
- Crash portfolio (2022) +68% (CNOOC Limited +107%)
If these ideas sound interesting, you can get more information here: Your Treasure Map to Europe, Asia, and North America's Hidden Gems!
Want to have a look before you subscribe? Simply click the Need Help button and send a message with “Quant Value trial issue” and we will send you a recent issue to review.
Shareholder Yield Letter update
Since May when we started the 44 ideas have already paid an average dividend of 2.1% and I am sitting on an average return of 12.1% after last week’s good run.
Dividends keep in rolling in and will increase in May when the yearly dividend-paying companies start paying. This makes it a great portfolio if you are looking for income ideas.
As things stand today the portfolio has an average historical dividend yield of 4.6% and bought back 4.1% of their stock last year. This gives you an average Shareholder Yield of 8.7%!
If this sounds like the kind of company, you would like to invest in you can find more information here: Invest big, win bigger with our market beating large-cap strategy!
Want to have a look before you subscribe? Simply click the Need Help button and send a message with “Shareholder Yield trial issue” in the email and we will send you a recent issue to review.
What podcasts do you listen to?
I’m curious, what podcasts do you listen to? Email me back with your favourites…
Better yet, do you know anyone who might like me as a guest? I’d be happy to send you a "thank you" gift for any successful bookings you help me to land :)
Just email me with your ideas and here's my podcast guest page.
Your, non-retiring analyst helping you with better charting
PS To find great companies that exactly meet your investment strategy right now click here.
PPS It is so easy to forget, why not sign up now before you get distracted?
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