Saturday, June 29, 2013

2Q'13 GDT::Portfolio Quickie Review

2Q'13 has ended. By a difference of only $3.52, iRobot (IRBT; robotics) came in #1 followed by Google (GOOG; informatics) at #2. Cray (CRAY; supercomputing) #3; Illumina (ILMN; genomics) #4 and Geeknet (GKNT; geeky retail) #5.

Rounding out the top 10: Yahoo! (YHOO; informatics) #6; Red Hat (RHT; open source software) #7; Bruker (BRKR; scientific equipment) #8; US Airways (LCC; air travel) #9; Hanger (HGR; medical devices) #10. 2Q'13 ended with Facebook (FB; informatics) #14.

The GDT::Portfolio will remain week until some of the following stocks move toward the top 15: Spire (SPIR; solar) #19; NeuroMetrix (NURO; medical devices) #20; StemCells (STEM; stem cells) #21; Altair Nanotechnologies (ALTI; lithium batteries) #22; Aastrom Biosciences (ASTM; stem cells) #23. Mace Security (MACE; personal security products) at #12 needs to move into the top 10. Illumina, Red Hat, US Airways and Hanger need to drop out of the top 10. Amazon.com (AMZN), at #13, needs to become move into tier three of three.

I wrote the following at the end of 1Q'13...

Forecast: I refuse to believe that the NASDAQ's all-time high is going to be a 20th century event. In other words, I believe the NASDAQ will hit a new all-time high sometime in the 21st century. When will this happen? I haven't a clue. The last NASDAQ all-time high occurred with nine months left in the 20th century. It's possible that here in the 21st century the decade is the new century; however, we have been slow to make this transition. If we assume a score is the new century, then the NASDAQ's new all-time high could occur prior to the end of the current decade (i.e. 02020). Note: The NASDAQ closed 02013.03.28 at 3276.52. An increase from this level to its all-time high of 5132.52 will be a ~57% increase.

The NASDAQ ended 2Q'13 at 3403.25; i.e., up ~3.9% during the last three months.

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