“You have to realize that someday you will die, until you know that, you are useless!” –Chuck Palahniuk, Fight Club
Not too long ago, I had a decent quantity of dollar bills stashed in my brokerage account, which is uncommon for me, since I would rather have it “working” for me, at the very least in a high-yielding dividend stock. I was liquid. I was amassing a healthy pile for more »
Progress Report: Wells Fargo(NYSE: WFC), mentioned 1/4/12, trading at $28.56 per share, closed trading at $32.84 per share, 4/13/12. Home Depot(NYSE: HD), mentioned 1/18/12 around $45 per share, closed just under $51, 4/13/12.
There are several times when I think I should press pause and actually listen to myself on occasion. Have you ever had those moments when more »
Before everyone gets happier than Ndamukong Suh stomping on a defenseless lineman, following everyone into “rally” mode, let’s take a collective breath and reflect. To start earnings, Alcoa(NYSE: AA), reported a “surprise” profit, leading some to claim the “…report really helped key the rally.” (Andrew Fitzpatrick, Director of Investments, Hinsdale Associates, Inc.). Really? I apologize for disagreeing with the sentiment, but Alcoa’s relevance with earnings is about more »
Corporate CEOs are an interesting bunch. Not everyone that makes it from a one-bedroom apartment endeavor to billionaire captain of industry react the same once they have planted the company flag at the mountain top. Much in the same way with the sports world, there seem to be fewer and fewer repeat champions. It’s difficult to keep your eyes on the prize once you have acquired said prize, I more »
“Hell is the special pain that dwells in that loss which you yourself have caused.” –Elliot Perlman, Seven Types of Ambiguity
I have stated in numerous posts that I am impervious to labels. I am not made of Teflon; they simply don’t stick to me, completely inadequate in defining me as a person. Bull, bear, liberal, conservative, nerd, jock, genius, idiot, I am all of these and none of more »
April 4th now offers an occasion to celebrate, rather than reflect with sorrow, as the day when Dr. Martin Luther King, Jr. was assassinated. President Obama signed into law, the STOCK Act, which now makes members of Congress a little more human-like, as they must comply, along with the rest of humankind, with the federal ban on insider trading. So now those elected officials get to enjoy an upgrade more »
I receive more stock recommendations than the average investor. I’m certain of it. My inbox is cluttered with subject lines that scream, “Critical Warning Number Six”, “Stay Away from this Stock”, “This Stock Could Soar”, and “Hi”. If I ventured to take the time to sift through all that mess, I am certain the next great Hollywood screenplay would never get written, and trust me, that’s not what more »
“Today is the sort of day where the sun only comes up to humiliate you.” –Chuck Palahniuk, Fight Club
I love it when people, especially analysts, inject reasoning and sprinkle rationalization when losses are incurred. “We were due for a correction.” Really? What about two weeks ago, when you mentioned your newest, unloved, under-appreciated long position in a stock I knew nothing about until you mentioned it? “I still think more »
Progress Report: Home Depot(NYSE: HD), mentioned 1/18/12 trading around $45 per share, currently around $50 per share, Lowe’s(NYSE: LOW), mentioned the same day, trading around $27 a share, currently around $31 a share, and USG Corporation(NYSE: USG), same article, same day, around $14 per share, currently trading above $18.50 (all current prices, intraday 3/27/12). Here’s the article, “Market Moves Higher more »
I used to enjoy “The Muppet Show” as a kid growing up, so much so I gained a miniscule amount of motivation from Animal, with my desire to be a drummer. I’m almost certain John “Bonzo” Bonham provided a bit of inspiration for the character, which justified those feelings in my young, developing, twisted mind.
Now for those of us in these great United States that have enjoyed our more »
Progress Report: ConocoPhillips(NYSE: COP), mentioned 12/30/11 around $73 per share, currently trading around $77 a share (intraday, 3/26/12).
Enerplus Corporation(NYSE: ERF), recently announced plans to change their current Dividend Reinvestment Plan (DRIP), to a more “tax-friendly” Stock Dividend Program (SDP). The existing plan is only available to Canadian shareholders, but the new arrangement, should it pass shareholder approval, will be available to all loyal more »
I am down over 5% since I started a long position with SeaDrill(NYSE: SDRL), and I am snapping up bits and pieces with each decline in share price. It doesn’t take much of my time and money to be patient. I am not holding a stockpile of cash; I just choose to miss that infusion of Starbucks from time to time, skip going out for lunch here and more »
Progress Report: Ford(NYSE: F), mentioned 12/30/11 around $10.76 per share, currently trading around $12.60 per share (intraday, 3/21/12).
I really like the new Tesla(NASDAQ: TSLA), Model X. It looks like a car that could replace my dream car, the Audi A8. It’s only $5,000 to reserve one, which is expected to be in production sometime late in 2013, with anticipated more »
I don’t align myself politically or personally with some of the callers that the producers of the Rush Limbaugh Show allow on air. If you would like to hear my take on some of the chosen few I have actually attempted to digest, I would prefer we do it in another venue, not here on my trading table, for sanitation purposes. But for those of you that trade and more »
Progress Report: Wells Fargo(NYSE: WFC), mentioned 1/4/12 around $28 per share, currently trading around $34 (intraday 3/20/12). Cypress Semiconductor (NASDAQ: CY), mentioned 1/13/12 around $17 per share, currently trading around $15-$16 (intraday, 3/20/12).
There are times prior to making a trade, when I am cramming as though I were trying to nail down the last few vital pieces of information more »
Progress Report: Baidu(NASDAQ: BIDU), mentioned 1/10/12 around $127 per share, currently trading around $137 per share (intraday, 3/8/12). Linn Energy(NASDAQ: LINE), mentioned in the wildly unpopular piece, “Linn Energy: A Solid Dividend Play” (after several title changes; the comments are simply sublime), which closed 2/3/12 at $36.55 per share, currently hovering around $38 a share (intraday, 3/8/12).
I've said it before that I enjoy the days when Dr. Market utters the uncomfortable words, “You may feel some pressure." Whether it’s a “market correction”, “resting”, “overreaction” or “panic”, these are the days where I scoop up those unwanted children and give them a warm home in my portfolio.
Not everyone trades the same, that would be boring and all too predictable, and I have the utmost more »
Introducing the new bi-fuel Chevy Silverado, with the ability to travel 650 miles on a full tank of natural gas and when that runs out, the OPEC tank seamlessly takes over. Let’s also bring out the Dodge Ram 2500 pickup, which runs over 360 miles on a full tank of natural gas. So we should all hurry over to our dealers and participate in the March madness craze that more »
Progress Report: YUM! Brands(NYSE: YUM), mentioned 2/6/12 around $63 a share, currently trading about $66 per share (intraday, 3/1/12 – “Now Serving Humble Pie at Taco Bell”).
“Anybody that reads this guy is wasting their time.” “This person should have their head examined.” “Don’t listen to anything this article has to say, it’s goofy garbage.”
Unlike some folks, I prefer open dialogue, taking into more »
Progress Report: Visa(NYSE: V), mentioned on numerous occasions, most recently 2/16/12 at a closing share price of $113.80, currently trading around $117 per share (intraday, 2/28/12 – “We Are in the Midst of a Bubble Bubble”). The stock was also mentioned 2/3/12, with a closing price of $107.03 per share (“Quality Versus Quantity”).
Mobile World Congress 2012 kicked off this week, just more »
