Street Justice: Walkin' The Line.

Hello everybody! How's everything today? I'm good. The market has seen better days, but I guess there's give and take in all relationships(even investments). So today we gave. I didn't really give. The market may have been down a bit, but I saw mostly green today. I've got 3 stocks to go over today that should add some green to your portfolio.
First in line, finish line that is. FINL/Finish Line operates mall-based specialty stores in the US. They sell name brand products marketed toward athletes. These products include clothing, shoes, hats, backpacks and other active lifestyle accessories through their stores The Finish Line and Man Alive. The relative value and safety aren't so hot(less than 1.00 of 2.00) for FINL, but the relative timing is excellent(1.87 of 2.00). It's funny a lot of the numbers I'm got for FINL aren't so hot, like last years annual sales growth of -4% or its forecasted earnings growth rate eat -6%. I wouldn't steer you wrong though. FINL is up(price) 51% over the past 52 weeks, 347% over the past 24 weeks and 23% last week. They also have a ROE(return on equity) of 4.65%, which isn't horrible. Next is KPPC/Kapstone Paper, not to be confused with CPST/Capstone Turbine which I wrote about a few posts ago. KPPC/Kapstone Paper produces and sells unbleached kraft paper and lightweight liner board in the US. They offer a vast variety of paper grades for conversion into paper products including bags for pet food, cement and chemicals. They also make grocery bags and specialty papers like wrapping paper and roll-wrap. KPPC looks pretty darn good in relative value and timing, but the relative safety is down at 0.60 of 2.00. The forecasted earnings growth rate for KPPC is 28% and they had an annual sales growth of 4% last year. Kapstone is up 3% over the past 52 weeks, 13% over the last month and 11% over the past week. I'll top it off with a 19% ROE and we'll move on. HA/Hawaiian Holdings owns and manages Hawaiian Airlines. No, no, don't leave, I'm not crazy! It's o.k. This airline isn't gonna hurt you. Just read before you judge. HA flies daily routes between Hawaii and Los Angeles, Sacramento, San Diego, San Jose, San Francisco, Las Vegas, Phoenix, Portland and Seattle as well as daily routes between the Hawaiian Islands. They also provide charter services from Honolulu to Anchorage, Alaska. Now before I even get to the numbers, I want you to understand Hawaii is a group of islands from which you must fly or swim(take a boat) to get to the US Mainland. I know my readers aren't idiots. I'm just reminding you this airline is in a special market. O.k. numbers. The relative value, safety and timing are all excellent and they have a 14% annual sales growth. HA has a forecasted earnings growth rate of 35%(not bad with the price of oil). They have seen there share prices rise 200% over the past 52 weeks, 40% over the past month and 31% over the last 7 days.
Like I was saying earlier, I saw more green than red today. Still, the red I saw concerned me. One stock that has been down this week for me is AUY/Yamana Gold. I'm not so worried about the stock than I am the price of gold. It has dropped pretty sharpley lately and I fear it may rebound just as rapidly. I don't think I need to tell you why high gold prices are bad for stocks and the dollar. If I do, it's called INFLATION. The price of gold pretty much moves relative to inflation. So lets hope I'm wrong about it rebounding(sorry SENOR ORO).
If you are invested in gold then you are most likely happy about it's gains over the past months(and years). If your like me though, gold is small portion of your portfolio and you would rather see it take a hit rather than the market. So, which are you? Are you a big ol' Grizzly Bear with a cave full of gold(and bonds). Or, does the thought of gold reaching $1000 make you cringe? Let me know.
I've been do some experimenting in my practice Forex account and have made a lot of fake money shorting the Aussie Dollar versus a few crosses. I can only assume it's because of the price of gold, but I pulled like 150 pips off a AUD/JPY short and about half that from both a AUD/USD short and a GBP/AUD long trade. I'm still holding strong in my real Forex account. I'm up a little on my EUR/USD short and up pretty good on my USD/JPY long. These are long-term investments though, I just watch them for fun.
Alright, so our great week got a small black eye, no big deal. I think we'll close strong and be set up nicely for next week. The 3 companies I went over today should set your portfolio up nicely. I hope so, cause we're all in this together. Thanks for reading.