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Markos Kaminis

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  • Rhetoric Threatens U.S. Stocks More Than Russia At This Point
    Thu, Mar. 27 DIA, QQQ, SPY 23 Comments

    Summary

    • Stocks and the SPDR S&P 500 started lower Wednesday when President Obama spoke strongly to EU members about Russia's recent aggression.
    • We recall that the market celebrated Russia's final annexation of Crimea because it became clear there would be no military confrontation.
    • Wall Street now appears uncertain and concerned about after-the-fact bravado and rhetoric fueling future fury between the West and Russia and destabilizing markets.
  • Alcatel-Lucent, Sandbags Allowing Opportunity To Hop On Board
    Wed, Mar. 26 ALU 22 Comments

    Summary

    • Several factors have weighed against Alcatel-Lucent since its blockbuster earnings beat in February.
    • Those weights are like sandbags holding down a hot air balloon destined for flight.
    • The stock's valuation offers a margin of safety for long-term interests, and so, I would be a buyer on recent weakness.
  • Annaly Rose 2.8% As The Dividend Steadied - So What's Next?
    Tue, Mar. 25 AGNC, MORT, SPY 23 Comments

    Summary

    • NLY shares rose 2.8% on news that the company kept its dividend steady, rather than reducing it again.
    • In the past, the shares have reacted to dividend declarations similarly over the short term.
    • However, such events have not offered guidance into forward dividend declarations nor price action, so investors should look elsewhere for guidance into NLY's outlook.
  • The Asinine Gold Sell-Off?
    Mon, Mar. 24 BOND, GDX, GG 109 Comments

    Summary

    • The SPDR Gold Trust (GLD) dropped 1.8% Monday along with stocks.
    • The sell-off in the GLD comes after a weekend including more Russian aggression in Crimea and a warning from a NATO general.
    • Several other factors complicated trading in all asset classes Monday, and made for a difficult read long term, but gold may have been oversold nonetheless.
  • This Week In Real Estate
    Sun, Mar. 23 BAC, KBH, MTG 2 Comments

    Summary

    • Real estate relative stocks had a hard time last week on the Fed's interest rate outlook.
    • The economic report schedule this week should not offer much good news either.
    • I expect anticipation and signs to show up nonetheless for a strong spring selling season and would buy on weakness.
  • How GE's TV Commercial Supports Its Stock Price
    Sat, Mar. 22 CAT, ITW, UTX 22 Comments

    Summary

    • GE's TV advertising supports its brand from an investor's perspective.
    • The company presents an image of innovation and technology, which separates it from its rivals.
    • So despite quantitative metrics that seem to say it should be valued lower, its value-added brand building supports demand for the stock and a higher valuation for its shareholders.
  • Dick Bove Pounds The Table For Bank Of America
    Fri, Mar. 21 BAC 30 Comments

    Summary

    • Bank analyst Dick Bove sees Bank of America rising to $30.
    • Environment is ripe for a doubling in stock price across the banking industry.
    • Bove and I agree, and we each list BAC as a favorite idea for 2014.
  • The Gold ETF: Where Do We Go From Here?
    Thu, Mar. 20 GDX, GG, NEM 22 Comments

    Summary

    • The GLD has unraveled and given back its gains made on the Crimea catalyst in just three days time.
    • The Crimea tensions remain on a hair trigger and could reignite, or Eastern Ukraine could present a new geopolitical catalyst should infighting begin there.
    • The new dynamic relationship between Russia and the West portends new pressures on fiat currencies, including the euro and even the dollar.
  • It's Time To Unravel SPDR Gold Trust Positions On Crimea
    Tue, Mar. 18 GDX, NUGT, SLV 36 Comments

    Summary

    • Tensions eased on weak Western sanctions and Putin's disinterest in Eastern Ukraine.
    • GLD lost some of its recent support, as the need for safe haven seems decreased.
    • GLD has already started to give way, while stocks have gained.
  • Risk On - The Snake In Our Garden Promises Not To Bite Anybody Else
    Tue, Mar. 18 BOND, DIA, GLD 15 Comments

    Summary

    • West eases tension by applying soft sanctions to only individuals excluding Putin.
    • Russia eases tension by indicating it has no interest in Eastern Ukraine.
    • Risk is on again for the SPY as the dangers that remain are the same somewhat dormant ones that existed previously and greed dictates ignorance of those.
  • Why A Stock Market Crash Is Imminent
    Mon, Mar. 17 DIA, FB, GLD 198 Comments

    Summary

    • Deterioration of the Crimea crisis after referendum results likely to bring sanctions and Russian counter actions, placing new obstacles before the global economy.
    • Controlled situation could deteriorate further if Ukraine defends its territory via military intervention.
    • Largely unaffected stock market must quickly incorporate a suddenly severely altered global environment.
  • Expect A 10-20% Surge In The SPDR Gold Trust Next Week
    Fri, Mar. 14 GDX, SLV, GLD 94 Comments

    Summary

    • A full Russian incursion into Crimea appears imminent.
    • The safe haven SPDR Gold Trust security has benefited from this catalyst.
    • The SPDR Gold Trust should climb even higher as Russia pits itself against the U.S.
    • The chaos of war often brings unintended consequences and risk that is likely unaccounted for in stocks today.
  • The One Thing Annaly And mREIT Holders Better Watch Closely
    Fri, Mar. 14 AGNC, GLD, MORT 17 Comments

    Summary

    • NLY shares have had an important inverse relationship with the 10-Year Treasury yield lately.
    • The yield has at critical times, however, risen in a counterintuitive fashion.
    • I believe investors in NLY are wise to keep a keen eye on the yield and the geopolitical dynamics behind it for forward guidance.
  • 2014 Spot-On Gold Bull Says Buy More Fast And Furiously
    Wed, Mar. 12 GDX, GG, NUGT 18 Comments

    Summary

    • Crimea Parliament vote for Crimean independence opens door toward further Russian action.
    • Broader stock market has remained somewhat indifferent and is vulnerable to shock.
    • Deteriorating situation on the ground should drive significant capital quickly into precious metal relative securities.
  • Week Ahead: Ignore This Warning At Your Own Peril
    Sun, Mar. 9 DIA, FCEL, GLD 96 Comments

    Summary

    • The market has thus far brushed off the geopolitical risk posed by Russia.
    • Recent events portend an escalation and likely troubling consequences near-term.
    • Take off long passive market holdings in the SPY, extended valuation ideas and consider hedges.
  • Thank Vladimir Putin For This Week's Bank Of America Gains
    Sat, Mar. 8 BAC 23 Comments

    Summary

    • Market shock on Russia's incursion into the Ukraine set a flight to quality in motion.
    • The yield curve steepened.
    • Bank stocks outperformed the market on the important factor to their profits.
  • How A War-Driven Flight-To-Quality Could Lift Annaly Shares
    Thu, Mar. 6 AGNC, MORT, SPY 4 Comments

    Summary

    • Geopolitical shocks tend to drive flights to quality.
    • Flights to quality produce downward pressure on interest rates.
    • Lower interest rates benefit mortgage REITs like Annaly.
  • The Week Ahead For Real Estate Stocks
    Sun, Mar. 2 BAC, MTG, NLY 1 Comment
  • Why Gold And GLD Dropped Friday And The Opportunity That Could Avail
    Sun, Mar. 2 GDX, GG, NUGT 34 Comments
  • Week Ahead: Taking Risk Off On Crimean Catalyst
    Sun, Mar. 2 BOND, DIA, GLD 6 Comments
  • Why I Say Buy Bank Of America On Every Housing Induced Dip
    Sun, Feb. 23 BAC 13 Comments
  • Cheniere Energy Offers Promise On A Day Otherwise Weighed By More Housing Data
    Fri, Feb. 21 CQP, DIA, GLD 6 Comments
  • Wal-Mart's Problem And The Market Today
    Thu, Feb. 20 DIA, FB, QQQ 8 Comments
  • Why I See Danger For Stocks This Week
    Wed, Feb. 19 BAC, DIA, QQQ 9 Comments
  • Annaly's Executive Departures - Red Flag Or Not?
    Tue, Feb. 18 NLY 23 Comments
  • Critic Silenced By Alcatel-Lucent
    Thu, Feb. 13 ALU 36 Comments
  • Why Yellen Is Great For Gold
    Wed, Feb. 12 GDX, GG, SLV 18 Comments
  • The Yellen Effect
    Wed, Feb. 12 BOND, DIA, GLD 3 Comments
  • The Real Estate Slide - It's Just The Weather
    Sun, Feb. 9 AGNC, BAC, IYR 16 Comments
  • Why Google Is The Top Tech Play Of Our Generation
    Sun, Feb. 2 AAPL, GOOG 22 Comments
  • Bullish GDP Vs. Bearish Housing - Who Will Win?
    Fri, Jan. 31 DIA, GLD, NLY 2 Comments
  • Should We Buy GE If The CEO Is?
    Thu, Jan. 30 GE 31 Comments