0.27%

Dow Jones

Get Started

Alpesh Patel's columns :
05/08/2006	Almost Mid-Year
05/03/2006	New Month on Monday
04/27/2006	When will the US invade Iran?
04/20/2006	Oil and other crazy commodities
04/13/2006	A quiet dip?
04/07/2006	Equities booming - so where is the rally?
03/30/2006	More Highs
03/15/2006	Awful Feb - looking back in March
03/01/2006	Highs on Equity Markets
02/22/2006	European Interest Rates
02/17/2006	The Quiet Before the Storm?
02/08/2006	The Heat is Off
02/02/2006	February the month of Valentine
01/25/2006	Another Flight
01/12/2006	Stock Picks for 2006
12/14/2005	Fast Jet to India >>
11/17/2005	The View From Here
11/02/2005	After the Party
10/23/2005	IX Investment Expo
10/02/2005	Women Traders
09/27/2005	Forex for us?
09/21/2005	Trading as a Business
09/14/2005	Women and Men; Mars and Venus
09/07/2005	Fund Managers
08/31/2005	Exchange Traded Funds
08/24/2005	New York, London, Chicago
08/16/2005	NYC Again
08/10/2005	Summer Fun
08/03/2005	Global Markets from a Foreign Perspective
07/29/2005	Portfolio Destruction
07/20/2005	Trader Health

« EARLIEST ‹ Prev

Next › LATEST »

Alpesh Patel – A weekly look at market opportunities and pitfalls

Alpesh B. Patel is one of the UK's best-known traders and financial journalists. He writes a regular column for the Financial Times, has written seven bestselling books on trading, and makes regular television appearances for Bloomberg, Sky Television, Channel 4, The Money Channel, and the BBC.

Fast Jet to India

12/14/2005

Guess where I am writing this from? Yup, once again it is a flight to India. It is the best time I find to gather my thoughts. Once I land I will email it over. I am in Delhi on business, then Assam - a very important State for Hindus. Then I am flying to Dubai to get more investments for my hedge fund.

Speaking of the hedge fund, as the year comes to close I think about the launches I have had. The hedge fund was one. I have been trading it with mine and my business partners capital since March 2004, and this month we have started taking outside capital. It is an exciting time, not least because as I write we have generated 33% for investors post fees. We calculated that at that annualised compound growth rate we double investor money every four years.

As an expert on different asset classes, I would certainly take my chances with that doubling my money, than property or anything else. Anyway, back to stocks.

The other launch I had this year of course was my Alpesh Patel Special Edition version of ShareScope. On there, the first things first and I want to look at my value growth stock datamining screen to give me the names of stocks. Remember I am targeting about 20-25% with the value growth criteria. Last year it produced 33% return.

Remember it is for a 12 month outlook, so I even if the stock falls off the criteria tomorrow or next month, that is not relevant. I am looking to buy and hold for the next 12 months from any given start date. The idea is that it is not an actively managed portfolio we want from this, but a buy and forget, time-saving solid return list. Equally one might pick one stock from the list each month until one had all 12 stocks, or 14, in their long term portfolio - looking to hold each stock for 12 months.

Now, as I write, one of the names to come up for a 12 month outlook to especially catch my eye is : Galliford Try.

Once I have a name on the Value/Growth screen, I will then click on the Momentum Radar button on the Alpesh Patel Special Edition. The Momentum Radar shows the stock price chart exactly the way I look at it, with all the indicators I like to look at and at the settings I think are best - for MACD, Stochastic and RSI and the rest.

Now, if in the short-term we think the price will fall, but in the longer term term we know it has value and growth then we can look to time entry and buy at a slightly better price.

A fall below 78p would however change things, but I would consider the price above that presents opportunities to pick it cheaper than just buying immediately.

Take a look at Vp. It showed up on my Value/Growth criteria and has been showing up for months. I then click on the Momentum radar button next and see exactly how great my Value Growth Datamining screen is and why I love it so. You see the stock with a great trend by looking at the Momentum radar, you also see how in the short-term it has started accelerating too. How good is that? Could you get that as quickly as you can via the Alpesh Patel Special Edition? Use the power wisely!

Value-Growth

Just some of the names from my Alpesh Patel Special Edition ShareScope trading software on my value growth criteria which are based on stocks meeting revenue and profit growth and good value based on criteria such as price earnings growth: Remember they are for a 12 month outlook: Aero Inventory, Chloride, Huveaux (new), IFG Group, Maintel.

Remember I am targeting about 20-25% with the value growth criteria. Last year it produced 33% return.

On my momentum value indicator (which tracks stocks with value but which in the short term also have money going into the shares) I have: McInerney, Logica, Laird, Fenner among others.

Crazy Small Stock

These are high risk volatile stocks which could move sharply higher or move sharply lower in my view, but will almost certainly not stand still. Names on the radar include: Future Internet Technologies, Plethora, IndigoVision among others.

Also, if you would like a free multi-media CDROM on 'Investing Better', which covers spreadbetting, CFD trading and momentum indicators like the MACD, posted to you then drop me an email with your postal address to alpesh@tradermind.com.