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Brad Kenagy

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  • Looking At Dividend Growth Through A Different Lens [View article]
    No I was just showing the returns of buybacks by market cap segment. There is no way to screen for this and would extremely tedious so i'll pass on it.
    Apr 11 12:08 AM | Likes Like |Link to Comment
  • How To Play The Oil Market With Commodity ETFs [View article]
    I agree with you, if you know what condition the commodity is by looking at the futures curve, you can see if oil is in contango or backwardation. I wonder if this interesting strategy would work, hold USL while in backwardation, and switching to the UBS ETRACS Oil Futures Contango ETN (OILZ) during contango. Or like a allocated split between the two like 50-50, 75-25, 80-20, 60-40,90-10.

    OILZ is small but its strategy is:

    "The fund establishes a 100% long position in sixth, seventh, and eighth month Light Sweet Crude Oil Contracts (WTI), and a 50% short position in front month WTI contracts."
    Apr 10 07:38 PM | Likes Like |Link to Comment
  • Looking At Dividend Growth Through A Different Lens [View article]
    That you for your comment. The period of the screen was 1 year.
    Apr 10 04:11 PM | Likes Like |Link to Comment
  • Franco Nevada - Gold Investment That Works [View article]
    If you read my article, in addition to FNV, my screen came up with RGLD and AUY. I then compared all three to the gold miner ETF, and the physical gold ETF (GLD)
    Apr 9 11:49 PM | Likes Like |Link to Comment
  • Franco Nevada - Gold Investment That Works [View article]
    I prefer to stick with winners that have a proven track record, have you looked at the chart of FNV compared to ANV, 1 year FNV +7%, and ANV down -50%.
    Apr 9 10:05 PM | Likes Like |Link to Comment
  • Franco Nevada - Gold Investment That Works [View article]
    Great article, FNV was one of the stocks I highlighted in my 2012 article about picking gold miners that outperformed miners as a group (GDX), and well as Physical gold (GLD). The three one my list after my screen were (FNV), (RLGD), (AUY).
    Apr 9 04:36 PM | Likes Like |Link to Comment
  • Shares of Skechers (SKX +1.7%), also a KPMG client, are halted with news pending. [View news story]
    Just looked on SEC website it said in 13G filing SAC Capital, filed yesterday, that SAC has a 5.1% stake in SKX.
    Apr 9 10:48 AM | Likes Like |Link to Comment
  • How To Be Protected Before The Next Market Crash [View article]
    There is a ETF that goes long short based on beta, the QuantShares U.S. Market Neutral Anti-Beta ETF (BTAL) "The index rebalances monthly by identifying the lowest beta stocks as long positions and highest beta stocks as short positions, of approximately equal dollar amounts, within each sector. "
    Apr 9 10:33 AM | Likes Like |Link to Comment
  • It Is Not Different This Time - It Is Worse [View article]
    You missed my point, I said " It is not cost effective for refiners to build a new refinery to refine crude for gasoline for Americans."

    EIA data from the link below shows that refinery capacity has been near flat for nearly decade. As the data I gave in the previous post about US exports of refined products rising, and capacity not growing, that means there is less capacity for refining for the domestic market. Foreign exports as a percentage of refining capacity is rising.

    http://1.usa.gov/WwCj3M
    Apr 8 03:54 PM | Likes Like |Link to Comment
  • It Is Not Different This Time - It Is Worse [View article]
    I agree with Bret that there is pain coming the rest of this year, I have wrote two bearish article this year.

    http://seekingalpha.co...

    http://seekingalpha.co...

    In additions to the fundamentals, and Macro factors I point out in my two articles, the technical's look just as bad.

    In my last instablog post I highlighted a custom technical indicator I created two years ago that has been very good! at predicting tops in market, and since 2004, a sell signal has only been triggered 4 times, with the 4th being last week.

    http://seekingalpha.co...

    I'm beginning to position myself for a correction in the stock market, I'm increasing my exposure to Intermediate term bonds, Emerging market bonds, low volatility stocks, and gold.
    Apr 8 12:14 AM | Likes Like |Link to Comment
  • It Is Not Different This Time - It Is Worse [View article]
    @mattm Bret gave a suggestion: "Prudent investors should have at least 10% of their holdings in cash and have a shopping list of stocks they would love to pick up 5% to 10% cheaper."

    Matt I suggest you read this business week article on John Paulson betting against subprime, article date: Oct 12 2007, which was one week within the top in the SPY. So Paulson was in the minority betting against housing at the top.

    http://buswk.co/17m3pwA

    Just because someone has a different view point than you, that you think may be "out there" according to your definition, that doesn't mean that the idea is wrong, or doesn't mean that its a fanatic view point.
    Apr 8 12:08 AM | Likes Like |Link to Comment
  • How To Be Protected Before The Next Market Crash [View article]
    I agree with you, that @Dogbert characterization is wrong. Also, I tackled this problem last year in a article I wrote titled "5 ETF Portfolio With Near Zero SPY Correlation"

    Portfolio is equal weighted with:

    (MDY) S&P MidCap 400 SPDRs
    (EDV) Vanguard Extended Duration Tsy (25+yr)
    (DBP) PowerShares DB Precious Metals
    (VCLT) Vanguard Long-Term Corp Bond (12+yr)
    (IEF) iShares Barclays 7-10 Yr Treasury (7-8yr)


    http://seekingalpha.co...
    Apr 7 07:15 PM | Likes Like |Link to Comment
  • Trends In The Cost Of Energy [View article]
    Great article, I have a question on your statement "Such low electricity costs will also bring novel solutions to energy storage." If more energy is from renewables, and it has to be stored for use later, do you think companies create products like rechargeable solar batteries would be an alternative to owning a manufacturer of PV panels?
    Apr 5 08:55 PM | Likes Like |Link to Comment
  • Don't Fall Into These 10 Buyback Traps [View article]
    @Rudestar I would look at the Holdings of the PowerShares Buyback Achievers Portfolio ETF (PKW) which only holds stocks that are buying back atleast 5% of shares outstanding. In a article I wrote last year I combined buybacks AND dividends and got stellar results. What it also showed was that in bull markets buybacks outperformed dividend growth, and in bear markets dividends outperformed buybacks.

    Total return using my strategy I outline in the article below using dividends and buybacks.

    (SPY) SPDR S&P 500: 8.27%

    (VIG) Vanguard Dividend Appreciation ETF: 6.91%

    (PKW) PowerShares Buyback Achievers: 7.05%

    VIG/PKW Average: 6.98%

    My Portfolio Average: 15.43%


    My article I wrote at the beginning of 2012

    http://seekingalpha.co...

    My article reviewing my 2012 picks, and 2013

    http://seekingalpha.co...
    Apr 4 11:59 AM | Likes Like |Link to Comment
  • 4 Factors That Will Lead To Increasing Gold Prices [View article]
    The key support level that gold has to hold is $1523.30, if that level doesn't hold that the next level of support below that,$1433.40, so I'm watching the $1523.30 level very closely.
    Apr 3 04:29 PM | Likes Like |Link to Comment
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