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chuck lewis

chuck lewis
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  • Pullback In Dry Shippers Means Buy [View article]
    Editor The Lewis Letter
    You overlook Safe Bulkers, establishing new 52 week highs almost daily. Top tier of dry bulk shippers, newer vessels, short term contracts, pays dividends from earnings not debt, superb earnings. CEO has skin in the game as he owns 60% of tye company, 50% of the new 8% preferred. In my model portfolio, PT $10+.
    Sep 11 10:40 AM | Likes Like |Link to Comment
  • Peabody Energy Stays Attractive For Investors [View article]
    Editor The Lewis Letter
    An excellent read as BTU has occupied a place in my model portfolio, on balance, for two years and is presently not for sale. Having supply chain in Australia, close to China/Japan, bodes well for faster delivery to fuel steel mills. China buys 47% of the world's coal. Barron's recent two page recommendation has a price target of 34.
    Sep 11 10:25 AM | Likes Like |Link to Comment
  • How To Trade A Spike In The Baltic Dry Index [View article]
    Editor The Lewis Letter
    Safe Bulkers is the best of the group, financially strong, pays dividends from earnings not debt. Management has skin in yhe game owning 60% of the company. Newer vessels, short contracts. Money maker. In my model portfolio and NOT FOR SALE. Price target $10+.
    Sep 10 10:48 AM | 1 Like Like |Link to Comment
  • Last Hour Sell-Offs Becoming The Norm [View article]
    Editor The Lewis Letter
    In Myron Kandel's 1985 publication "How to Beat Wall Street" this editor contributed "The 3-4 Thursday Syndrome", page 163. I discuss the on going saga that the last hour on a Thursday is the worse if the week. Traders leave the water to be evn going into Friday and the weekend Many traders do not work on Fridays, hence bids are low,
    One major reason back then was the money supply numbers were released after the Thursday close which affected Friday markets. That became less important as the numbers release changed.
    When there is a rally in the last hour it is usually caused by short covering. But Kandel's book also proves this Thursday Syndrome event and other days' activities on page 78 which questions this articles assumption.
    Kandel was Financial Editor of "Money Line" on CNN.
    Sep 8 01:21 PM | Likes Like |Link to Comment
  • Peabody Energy: A Decent Bet On Coal Market Recovery [View article]
    Editor The Lewis Letter
    "All good things come to he who waits" and Peabody will deliver upside activity, finally. Being the largest independent coal miner on the planet and strategically delivery systems in place make it the number one coal investment. Having added a new COO with multi year experience adds to value, Target a double (34) as last week's Barrons's two page review predicts, In my model portfolio, NOT FOR SALE.
    Sep 4 09:23 AM | 1 Like Like |Link to Comment
  • Rising Treasury yields welcome at the Fed [View news story]
    Editor The Lewis Letter
    Higher rates via the 10 year Treasury disturbs mortgage, auto loans, credit card rates and has a slowing affect on spending. Would that concern the doves/hawks in the Fed bird house? Certainly slows the economy up.
    Sep 3 09:51 AM | 1 Like Like |Link to Comment
  • Goldman cautious on coal [View news story]
    Editor The Lewis Letter
    Goldman analyst should read last week's Barron's two full page positive article on Peabody Energy. Opposite to what he writes, the demand from the Far East for steel making is huge. Location of Australia mines makes it an easy "delivery". BTU is in my model portfolio and since Barron's predicts a double, is there to stay.
    Aug 31 05:16 PM | Likes Like |Link to Comment
  • Is It Time To Buy High-Yielding AT&T? [View article]
    Editor The Lewis Letter
    AT&T hit that 39 high and quit. Has never seen a new high since. Could yield 6% as its 20% drop from high is bear territory. Something's wrong. Stock's never lie. Is it the questionable financials? Excellent effort. Would avoid purchase until 26-28.
    Aug 28 10:13 AM | 2 Likes Like |Link to Comment
  • Peabody Energy downgraded at S&P on coal market weakness [View news story]
    Editor The Lewis Letter
    S&P's credibility just sank further into the garbage dump, especially following today's Barron's two full page analysis that contradicts the rating agency's take on BTU. Hard to believe Barron's would "waste space" on the obvious turn around reported out of China and the eurozone's escape from its recession. Rising natural gas prices turning back utilities into coal. Short S&P for inaccurate reporting.
    Aug 26 06:13 PM | 1 Like Like |Link to Comment
  • Peabody Energy may be on its way back: Barron's [View news story]
    Editor The Lewis Letter
    Perhaps AAPL will utilize coal to fuel computers some day.
    Aug 26 10:19 AM | Likes Like |Link to Comment
  • ConocoPhillips: The Best Positioned American Oil Major [View article]
    Editor The Lewis Letter
    COP has been in my model portfolio for over two years and is NOT FOR SALE. At 60 I recommended a switch from PSX into COP when Buffett did the opposite. Now look. (Spin off PSX plus COP= $95, not too shabby). Stockholder caring management. Gulf of Mexiso, Alaska new tax laws a huge bonus to bottom line.
    Aug 26 10:03 AM | 1 Like Like |Link to Comment
  • Dry Bulk Shipping: Is Recovery In Sight? [View article]
    Editor The Lewis Letter
    Best to read and review management's conference call which will answer your questions.
    Aug 25 09:18 AM | Likes Like |Link to Comment
  • Revisiting Altria's Dividend Growth [View article]
    Editor The Lewis Letter
    MO has been in my model portfolio for over two years and is NOT FOR SALE, as is Reynolds Tobacco. Your article nails down some of the important reasons why MO is a Strong Buy, well written. Let is not forget the accompanying assets i.e. SAB Miller carried on the books for half its real value, the wine division, plus the non-smoking products, Dividends, buybacks a bonus to a capital gain potential.
    Aug 25 09:07 AM | 3 Likes Like |Link to Comment
  • Crescenzi: Rates have about topped out [View news story]
    Editor The Lewis Letter
    I have been yellin' for Yellen with a long shot predicition that Tim Giethner gets the job. Putting Wind Bag Summers head of the Fed would be like putting the wolf in the chicken coop with the doves/hawls in their bird cage. Market drops 200 points for starters with Summers. Rises with either Janet or Tim.
    Aug 24 04:29 PM | Likes Like |Link to Comment
  • Peabody Energy may be on its way back: Barron's [View news story]
    The Lewis Letter
    BTU has been in and out (and now in) my model portfolio for over two years. You summarized the Barron's piece most accurately. The majority of the comments are incorrect as natural gas has spiked over the past two weeks insuring utility conversion to coal, the Chinese/Eurozone PMI latest readings bodes well for coal as the steel industry heats up and demand from India increases as well. The new addition of a seasoned coal executive as President and COO when announced gave BTU a lift. Financially strong as most peers going bankrupt. . Strong Buy.
    Aug 24 04:20 PM | 1 Like Like |Link to Comment
COMMENTS STATS
340 Comments
229 Likes