Dollar Wise Decisions

Wednesday, October 04, 2006

DWDI vs SPDR - 10/04 Recap

Major Markets, DWDI & SPDRs ended today as follows
Market% ChangeValue
Dow+1.05%11,850.61
S&P 500+1.21%1,350.22
NASDAQ+2.11%2,290.95
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DWDI+1.46%1,035.42
SPY+1.17%1,026.24

Personal Portfolio+1.14
DWD Warm & Fuzzy Index+1.70%
DWD Ambitious Index+1.09%
The Lisa Portfolio+1.70%
Skip's List+1.51

Personal Portfolio +1.14%

WARM Index +1.70
Ambitious Index +1.09 (about +1.75% w/o W.P Stewart & Co.)
The Lisa Portfolio +1.70 (Lowes up 4.65%, Worthington up 3.55%) Congrats!
Skip's List +1.51% (SVVS +4.23%, Ford +4.01%, Stifel Financial + 3.13%)

Daily recap for the 10 Stocks that make up the DWD Index
Stock% ChangeValue
Anheuser-Busch1.36101.44
Biomet1.52103.75
Fastenal3.41104.41
Home Depot1.79104.26
Johnson&Johnson0.50102.93
Medtronic3.78104.98
Microsoft2.08104.80
Wal-Mart0.18102.61
Washington Post0.27104.75
Wrigley-0.42101.49


Large growth stocks surged ahead an average of 1.6% today which vaulted the Dow to another all time high but, the biggest gains were still to be found in the small cap stocks which had a majority rise over 2% (2.1% for small-cap core and 2.2% for small-cap growth stocks)

Incidently, JNJ is no longer a 5 star stock according to MorningStar. It is now rated with 4 Stars. This is not a poor reflection on JNJ it's just that it's price is starting to come in line with its fair value.

Closing Price today $65.83
Consider Buying Price $64.80
Fair Value Estimate $76.00

So, it looks like once the closing price exceeds the consider buy price then we lose a star. I'm guessing another star gets lost when JNJ hits it's Fair Value price.

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