RMI® selects Baytex, Apache, First Majestic

Mukul Pal ·

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Symbol: Verizon
Sector: Telecommunication
ORMI: RMI™ US 10 Active (Jan 2014)
Status: Exit
Type: Stop
Remarks: Though the stock has made a Stop exit, the Jiseki Cycle is still positive. The stock entered Value Rankings i.e. bottom 20% performers among the US 500 Universe starting July 2014. Orpheus RMI™ duration studies suggest an average of 24-36 months for Value to deliver performance. This suggests that Verizon may still have further upside and despite the VStop exit. It will be interesting to see if RMI™ US Active 10 selects Verizon yet again.
VerizonSymbol: Apache
Sector: Oil and Gas
ORMI: RMI™ US 10 Active (Jan 2014)
Status: New Entry
Type: Jiseki
Remark: The stock is ranked Value i.e. bottom 20% performers among the US 500 Universe starting Dec 2014 and seems poised to grow. The stock has a positive Jiseki and is emerging from a beaten down sector.
ApacheSymbol: Quebecor
Sector: Media
ORMI: RMI™ Canada 15 Active (Jan 2014)
Status: Exit
Type: Stop
Remark: Quebecor is a popular stock, as it is ranked in the top 80% of the Canadian 350 Universe starting Dec 2014. Human psychology is momentum biased, new highs attract more attention. However for RMI™ if a stock price deteriorates and pushes below a preset trailing STOP, the model exits the component and seeks another selection. Quebecor is a good exit because the stock has been a top performer for more than 12 months, ranked above the top 80% performers among the respective Canadian Group. For us at Orpheus winners persist for some time, but eventually drag.
QUEBECORSymbol: Baytex
Sector: Oil and Gas
ORMI: RMI™ Canada 15 Active (Jan 2014)
Status: Entry
Type: The stock is emerging out of deep Value at 6% ranking. Jiseki is positive.
Baytex
Symbol: First Majestic Silver
Sector: Mining
ORMI: RMI™ Canada 15 Active (Jan 2014)
Status: Entry
Type: The stock is emerging out of deep Value at 6% ranking. Jiseki is positive.
First MajesticSymbol: Rona
Sector: Home Improvement
ORMI: RMI™ Canada 15 Active (Jan 2014)
Status: Exit
Type: Rona shareholders back Lowe’s $3.2-billion takeover
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