One of our core holdings- FXI- is coming down to an attractive buy point. China has slowed but is showing positive data points for bottoming out. As Jim Cramer put it: ” There have been concerns of a hard landing in China. We’ve argued that China is undergoing a soft landing and that recent data points (ISM, PMI,…
Buying UPRO at $79.00 yesterday and putting the stop-loss below worked out in our favor today. As you can see, the green bar on the black line (200 day moving average), or $80.00 per share, is where the bounce occurred.The overall portfolio is up nicely and UPRO is up 3% alone. Not bad for a day’s work.
Even before the elections, we notified readers that the S&P 500 was rolling over (see older posts). We also said that we would not do anymore buying until we broke out of that range or got a lot cheaper. Well, we got a lot cheaper. It is all in the technicals though because, election or no election, this…
Not much to update about for the weekend. The market reacted poorly to an improving jobs number that was clearly not what the street was looking for, sending the Dow to a 140 point plunge. There was also a good consumer confidence report- best since 2007. China, in the meantime, has had very positive numbers coming out…
For all of you native Houstonians out there, here is a play that hits close to home- literally. We are placing Cameron International on our strong buy list for the portfolio. In order to manage the portfolio effectively, we will be staying with 10 names and, as a result, we will have to swap a…
Good afternoon folks! The S&P 500 is finding support on the 75 day moving average (orange line) and is now digesting a slew of companies’ earnings released for the latest quarter. Truthfully, earnings have been solid with almost 60% beating- pretty much in-line with historical standards. So why aren’t we coming back faster? Beats me. Apparently, companies’ estimates are…
I have always hated these high yielding dividend plays because I always got burned. I just didn’t have the patience or the trust needed for a 15% dividend yielder. I mean after all, one has to question a 15% dividend. Also, you have to stay in it for the long haul if you want that return (1 year)….
We have made changes to the portfolio to take advantage of long-term opportunities. We added Caterpillar (CAT) to bolster our industrial/ agriculture exposure. We also liked Cat’s recent earnings call as it was tepid on global growth, but the company is discounted enough here, in our opinion. The overall market (S&P 500) is below. How…
Wow, glad I sold that one. We stopped out of Monster Energy (MNST) last Friday when the stock broke the 50 day moving average. Thank God we did. Today reports came out saying that the extremely strong energy drink killed a 14 year- old child. (Stock is down 15% currently). The market is also paring its…
We have already stated that we are neutral to short term bearish on this market for several reasons besides earnings season being in full swing: The dollar looks weak. It is at yearly support but is looking weak relative to the Euro, which is appreciating against the dollar due to the improving conditions from their…
Portfolio Reaches $400,000 Despite Worst Bear Market in DecadesAugust 1, 2022Portfolio Reaches $300,000 Mark On Change Of Investment ApproachAugust 31, 2021Portfolio Surpasses $200,000 From Post-Covid InvestmentsMarch 1, 2021
Liking Facebook’s Stock ($FB)July 12, 2014
Buying Copper & Gold Giant ($FCX)July 6, 2014
Target Nails Bullseye ($TGT)June 26, 2014
Buying Cheniere Energy ($LNG)June 4, 2014
Apple Wants Beats Audio ($AAPL)May 28, 2014
Buying Calls On 3-D Systems ($DDD)May 27, 2014Really Liking Facebook Shares ($FB)May 25, 2014
