Anthony Welch

Registered investment advisor, etf investing, contrarian, dividend investing
Anthony Welch
Registered investment advisor, ETF investing, contrarian, dividend investing
Contributor since: 2010
Company: Sarasota Capital Strategies
I hope you feel a little better about the stock price now!
Thanks for the well-reasoned response. You very well could be right and I wish you the best with it.
With all due respect as you all know more technical info than I do about chips, one piece of technical data that I do know is the technical look of the stock chart. AMD is much lower in price than it was 20 years ago. It has gone from a high of nearly $50 to the current $3.63 and apparently headed lower as we speak. This stock has been awful for most of its history. My question is, isn't there something better than this in which to invest?
Thanks for the comment. I plan on revisiting this ETF again soon on Seeking Alpha.
The point of both articles was more a discussion of the stock sentiment and the fact that people were talking about it hitting a trillion in market cap. As I said, we've seen that before - see the article from a year ago - and now that more bears than bulls are appearing on tv, I'm more interested than I was when the stock was going parabolic. Sentiment works both ways and I prefer to sell unreasonably high semtiment and buy unreasonably low sentiment. Thanks for the comments.
An investor that purchased AAPL on the date of last year's article or almost any point between than and now is currently under water.
The article from last year was posted at the end of February when AAPL was higher than it is now.
Now THAT'S funny! You may be right, but I sure like reading the comments an Apple article generates. Great post - thanks.
You're right - I meant undervalued. A stock split shouldn't change the value of the company, but can change the price of a stock as it becomes easier to purchase for more investors.
Thanks for reading. CVY went ex-div yesterday and will pay Friday at 26.5 cents a share.
Thanks!
Thank you for your comment, Ray. I agree with you on all you said and I do still have some cyclical positions. This was a simple example of rotation, but as you mentioned, it's a good idea to have diversification. I do think the economy is improving slowly, but the past few years have shown us that reducing portfolio risk after a significant rally this time of year is a decent idea. Thanks again.
Hi Caroclara - As I mentioned, I like to have some silver to go along with the gold, mainly because an ounce is a much smaller amount of money. You can buy smaller units, 1/10th ounce for example, but I think the markup is too high as a percentage. I'd check with a local dealer or perhaps a reader has a better idea?
Thanks for the comments, John. I have recieved some feedback from companies and services that provide various services. I'll look them over and see if there's any good ideas there.
Thanks for the comments. If you want to e-mail me with the country in which you are, I'll see if I can find out anything for you.
Based on comments and e-mail I received, most people did like the article. Sorry you didn't.
Thank you, Matt!
Nice rule of thumb!
Thanks for the comments. Good points.
Hi Christian - I just posted an article on gold as well. Good point you're making that gold stocks aren't the same thing as physical gold! Keep up the good work - hope all is well with you.
Good article and good exercise looking at the bull and bear case for each holding.
Thanks for the comment, and you are correct. My goal was simply to issue a caution against being too giddy about a stock, but using inflation adjusted total return numbers would have been more accurate. However, these stocks have recovered quite a bit from their ultimate lows, so the peak to trough was quite a bit worse than I illustrated. I hope the article presents some food for thought anyway.
I believe you're right. A p/e of 120 isn't always the worst thing in the world, especially for a newer company, but Apple's p/e is quite low, especially if you back the cash out.
Thanks for the comment. No, I did not adjust for inflation, but right you are.
Well, that's embarrassing, I apologize for the typo and have submitted a correction request. Thanks for the comment.
Thanks for the comment. As I mentioned in the article, GE, BAC, C, and many others are perfect examples of why investors should be prepared to sell no matter how great the company seems. I have stayed away from GE for many years, but think it looks attractive now.
COY is currently trading at a premium and is leveraged, so I don't care for the risk at this point. The yield is nice and I wouldn't suggest you hurry up and sell it, but I would keep it on a tight leash and be prepared to exit as it can be beaten up quickly in a bear market. GIM is also at a high premium. Again, not a deal breaker, but keep an eye on it. You can get this information at cefconnect.com . Thanks for the comment.
Thanks for the comment - yes, it seems like a better option than loaning the U.S. Government money for 30 years at a little over 3%.
Thanks for your comments. QQQX is a good way to play the NASDAQ - better than QQQ in my opinion. The covered call CEFs are at a much larger discount than they should be. I really like that idea - just know that during times of great duress, it will probably get hammered much more than the overall market, so please manage accordingly. Take a look at how other covered call CEFs did in 2008. Good idea, just have an exit plan. Now that I think about it, good idea for an article - stay tuned.
Good question. In 2010, 23.5% of the income was return of capital. The numbers for 2011 are not on their website yet, but I spoke with the strategist who told me 17% was return of capital. This is certainly a consideration, but not one that would prevent me from using it in an IRA if appropriate. Thanks for the question.
Yes, it's fine for an IRA. CVY does not generate a K-1. Thanks for the comment.