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I have been an equities enthusiast for over two decades. I have read tens of thousands of pages on investing in the stock market and continue to read about investing on a regular basis. Daily, I watch the stock market and study individual companies. I am a former military officer. I am a... More
  • Bought More KALU, Today, 0 comments
    May 20, 2014 12:49 PM | about stocks: KALU

    5/20/14, @ 68.04 for Account IV. Account IV is now 50% KALU and 50% cash. Interestingly, KALU is part of the Russell 2000, an index that largely is filled with overpriced junk. The Russell, of course, is the small cap index that was on fire until about Feb/Mar of this year when the market turned against small caps, and the Russell began to lose its popularity and has since deservedly been taken down. So as investors have unloaded ETFs that track the Russell, such as the IWM, ETFs necessarily have had to unload representative components. KALU is one of the components that must be unloaded by the funds that track the Russell; however, KALU is an exception to the generally overpriced junk that is found in the Russell. In other words, the baby is being thrown out with the bath water. I'm catching the baby.

    Disclosure: I am long KALU, NKE.

    Stocks: KALU
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