nyctrax

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    • Tue Jul 8th 21:12 PM | Rating: 0 0
      Commented on:
      Notes on a Worst-of-Breed Rally
      ...to continue, I would agree that we shall shortly see the commodities start rallying forward again (especially Natural Gas stocks). There's no amnesia quite like the Wall Street brand of forgetting. Still, it's pretty rough out there right now...
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    • Tue Jul 8th 21:09 PM | Rating: 0 0
      Commented on:
      Notes on a Worst-of-Breed Rally
      Mark, what are your thoughts on natural gas stocks? (CHK, HK, XTO, etc.).

      I took some profits on these a few weeks back, but then got back in and have since taken a beating. I'm not down as bad as I could be because I loaded up on DUG a while back...but it's still not a great feeling.

      I would agree with your thesis that the "this is the death of commodities" crowd has once more rushed into the streets, forgetting that the last time they crowded the boulevard they were found shortly to be hiding beneath the dustbins...

      So...is XTO a buy? It's gotten hammered.

      Oh yeah...and don't even get me started on coal stocks...
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    • Thu Jul 3rd 02:01 AM | Rating: 0 0
      Commented on:
      Coal and Steel Stocks Take A Hit
      Greg, thanks for that great post. I agree with you, although I haven't looked at the specific data driving today's sell-off. However, based upon my research over the last few months, the coal story is very much still intact.

      As an example, ACI is expected to grow at nearly 40% year-over-year for the next five years. (2nd qtr earnings are due on July 23rd).

      Today's drop was pretty dramatic, but I will be surprised if we don't bounce back in short order.

      I agree that this is a buy signal, but the market is pretty high-strung right now so I'm going to wait to see what happens tomorrow. We could get another down day.
      View article »
    • Wed Jul 2nd 23:48 PM | Rating: 0 0
      Commented on:
      Coal and Steel Stocks Take A Hit
      Uh...SDIMGR, that article you cite is a year old.
      View article »
    • Mon Jun 23rd 22:21 PM | Rating: 0 0
      Commented on:
      'Best of Breed' Business Model a Chink in Apple’s Armor?
      Here's the difference: when you're working on a Mac, work is actually "fun." Oh yeah, and you get twice as much done in half the time.

      Trust me. I've worked on both.
      View article »
    • Sun Jun 22nd 14:15 PM | Rating: 0 0
      Commented on:
      U.S. Markets: A Ton of Doubt Calls for Caution
      Agreed. Great article. Incredibly well-researched, etc. Need more of this at S.A.

      Question for everyone: what was the catalyst for the latest rally coming off the recent March low? I can't recall. We will need something similar to reverse the current trend or I suspect the Dow will be breaking below the March low of 11,740.
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    • Wed Jun 18th 00:46 AM | Rating: 0 0
      Commented on:
      Oil Outperforming Oil Stocks
      no, this is what they do. i find it useful. simple and concise.
      View article »
    • Tue Jun 17th 17:15 PM | Rating: 0 0
      Commented on:
      Value in Regional Bank Stocks?
      Good piece. Thanks. I've been eyeing FHN. You've given me reason to take a second look.
      View article »
    • Tue Jun 17th 17:09 PM | Rating: 0 0
      Commented on:
      The Adobe-Apple Standoff
      I agree. In fact, I think I'm going to email Apple about this (not that it will do any good). Flash is as integral to the Web as HTML. Why Flash wasn't integrated into even iPhone 1.0 was beyond me. And it's still not here for the latest iPhone? This really sucks (though I still love Apple and Steve Jobs).
      View article »
    • Mon Jun 16th 20:22 PM | Rating: 0 0
      Commented on:
      Oil's Gains Are Due to Fundamentals, Not Speculation
      I'm waiting for a real debate between the two U.S presidential nominees about energy.

      I don't see McCain bringing anything new to the table (he's a Bush clone so vote for him if you like where the U.S. is heading), but I'm unhappy with the lack of discussion on this issue by Obama.

      But we shall see.

      Personally, I hope oil goes to $200/barrel. Maybe the U.S. will wake up and start funding much needed public transportation initiatives and curtail destructive suburban sprawl. In the meantime, I'm just going to continue to profit on my energy stocks (oil, gas and solar) as I watch the price of oil spiral upwards and upwards.

      I got rid of my car years ago. I live in the city and walk or take public transportation. Whenever I leave NYC, I find that the rest of America has been transformed into a hideous strip-mall of tacky chain stores, fast-food outlets, parking-lots and freeways. We can thank the automobile industry, the oil industry, the housing industry, and the U.S. Congress with it's highway subsidies for the devastation wreaked upon the American landscape.

      Personally, I'm hoping for an ending out of the Talking Heads song (Nothing But) Flowers: "This was a Pizza Hut, now it's all covered with Daisies..."

      If the apocalypse is coming, might as well profit from it. In the meantime, write your congressman and tell them to support renewable energy...
      View article »
    • Mon Jun 16th 19:00 PM | Rating: 0 0
      Commented on:
      Oil Hits $140: What Could Trigger a Reverse?
      ...or perhaps "logicalthought&q... should not be tossing around insults at all. What we need is intelligent debate. Not rancor.

      Also, Brian Pursley, please stop slamming the Dems every chance you get. There are many debates to be had about opening up ANWR, drilling off of the Florida coast (opposed by Jeb Bush - a Republican, I might add), conservation, alternative fuels, etc. But reflexively blaming one political party for the lack of a comprehensive energy policy here in the U.S. is unhelpful.

      Ideology only blinds people.
      View article »
    • Tue Jun 3rd 18:36 PM | Rating: 0 0
      Commented on:
      Is There an Oil Crisis Looming?
      Great article. I guess what it boils down to is that the price of oil may be peaking right now (and in fact may soon retrench)....but a few years down the road the reality of our dependency upon a finite, non-renewable resource is going to hit us hard.

      Frankly, I welcome it. We need a "Manhattan" project for energy. The internal-combustion engine is going the way of the horse-and-buggy - and none-to-soon in my opinion.

      On the investing front, I've got call options on DUG...which have performed nicely. I'm still invested in natural gas stocks as well as deep-water oil rigs (on the assumption that these guys are going to be in business for a while trying to reach hard-to-get-to oil deposits).

      The big concern is another freak-out in the equities market if oil continues to go higher. This will drag everyone down. I've got put options on SPY and call options on DXD for just this reason.

      Better to hedge and be able to sleep at night than wake up and find out your portfolio's been cut in half.
      View article »
    • Tue Jun 3rd 02:10 AM | Rating: 0 0
      Commented on:
      Oil Consumption: How Does Today Compare to 1980?
      PDE, RIG and DO are still undervalued. And right now they are a buy.

      RIG:
      TTM P/E of 9.82
      PEG of .3
      TTM EPS is 15.14
      Growth (via Yahoo) is 31.48% a year for the next 5 years.

      Yes, RIG is waaaay undervalued.

      I don't know about the others.

      I do know that "The Real Expert" is really angry! Grrrr. And he had to post twice to make his point. I read his other posts as well. Maybe he needs a hug. :-)
      View article »
    • Wed May 28th 21:08 PM | Rating: 0 0
      Commented on:
      Cell-Tower Fatalities: 3G iPhones at Any Price?
      This article doesn't belong on SA. Maybe there's a story here, maybe not. But how this is relevant to the investment community is beyond me.

      There needs to be more editorial oversight on SA.

      I don't normally like to bash...but Erick, please. You've just lost a lot of cred.I will ignore your articles in the future.

      - nyctrax
      View article »
    • Wed May 28th 00:35 AM | Rating: 0 0
      Commented on:
      The Relationship between Oil, Drillers and Refiners
      Thanks. This is a simple but useful article which corroborates what I have already observed. Appreciate you crunching the numbers.

      I own long-term options on RIG and ATW...but I think oil is due for a correction (if we're not already in one). Wondering if I should just ride it out since I feel that RIG and ATW will continue to perform well in the long-term. But I'm not looking forward to seeing my options get cut in half if oil does get spanked.

      I bought some DUG as a hedge...but it won't do much to offset my loss if the drillers take a beating.

      Decisions, decisions...

      - nyctrax
      View article »
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