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chuck lewis

chuck lewis
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  • CS: "Here comes the sun" for shipping industry [View news story]
    Editor The Lewis Letter
    Safe Bulkers is in my model portfolio. I noted recent volume and price activity has been most encouraging. SB is the best managed dry bulk shipper of its peers, paying dividends out of earnings not debt. CEO has skin in the game owning a major stake in the common and bought half of a recently issued (very attractive) 8% preferred.
    Aug 20 09:43 AM | 1 Like Like |Link to Comment
  • Exxon posts 18th loss in 19 sessions, highlights rough patch for Big Oil [View news story]
    Editor The Lewis Letter
    Exxon's dividend is half its peers. ConocoPhlllips is almost a double and just made a new 52 week high last Friday. COP has sold over $14B non core assets so far in their divesting program 0f 2012-2013. Chevron went ex-dividend a $1.00 last week and is a Strong Buy on a scale down to 117, Both COP, CVX are in my model port folio and are NOT FIR SALE. Today;s COP action, down 2.3% on considerably light volume is a BUY. Switch out of XOM into COP,
    Aug 19 06:10 PM | 1 Like Like |Link to Comment
  • What's Behind The Weakness In Treasury Bonds? [View article]
    Editor The Lewis Letter
    Investors should feel positive about the economy once the QE caper taper eases. It would reflect Uncle Ben's unemployment target has been reached as well as his inflation (2%) number and the economic data is strong eliminating the need for the Fed's rubber crutches to support US. Momentum versus muddling economics is needed to sustain solid growth.
    Aug 19 10:19 AM | 1 Like Like |Link to Comment
  • Newmont Mining: Yielding Just Over 3% And Worth A Look As Things Start To Improve [View article]
    Editor The Lewis Letter
    NEM has been in my model portfolio for over two years, including sales and buy backs on rallies and dips. It is presently in position and is Not for Sale. Holding 99 million ounces of gold in reserve plus its 9 million pounds (or is it tons?) of copper makes this a great asset play for a natural resource buyer or foreign entity. Article a welcomed relief after so many bear attacks.
    Aug 19 10:07 AM | Likes Like |Link to Comment
  • Peabody Energy Surprises With Lower Costs And Better Guidance [View article]
    Editor The Lewis Letter

    After the 2:1 split.
    Aug 18 11:48 AM | Likes Like |Link to Comment
  • A New 8% Yielder For Income Investors [View article]
    Editor The Lewis Letter
    Next stop 6 and then a new high, volume has been most impressive with a double digit percentage gain this week. Some block busting trades took place. SB set sail now under full steam. In my model portfolio and NOT FOR SALE.
    Aug 17 05:42 PM | Likes Like |Link to Comment
  • Coal stocks take a breather after recent run-up [View news story]
    Editor The Lewis Letter
    Peabody Energy has been in my model portfolio for over two years. The canaries stopped singing last year, miners lamps dimmed. It has the largest reserves, is the largest coal company in the world and at current prices is a perfect target for an activist natural resource buyer, or a major country as in China where supplies are at hand from Australia, a waterway South.
    Aug 13 04:59 PM | Likes Like |Link to Comment
  • ConocoPhillips: Meeting Commitments And Raising Dividends [View article]
    Editor The Lewis Letter
    COP has been in my model portfolio for two years. And is NOYT FOR SALE. I did recommend a switch out of PSX at 60 when COP was 60. (That is after PSX' trip to 70 where stock was also sold).
    The combined COP+PSX now trades at $95. COP's holdings in the Gilf of Mexico, Alaska's new tax laws plus $13B in asset sales enhances future economics. Strong Buy by me.
    Article reinforces my take of this great one.
    Aug 13 11:10 AM | Likes Like |Link to Comment
  • Coal stocks rally on improved Moody's outlook [View news story]
    Editor The Lewis Letter
    Peabody Energy has been a model portfolio component for two years. Its resurgence due to steel demand from China with mines "down the waterway" in Australia make delivery easier than its peers.
    Institutional activity pressing volume buttons as canaries are singing and miners lamps are lighting up. Strong power generation also major plus.
    Aug 9 06:57 PM | Likes Like |Link to Comment
  • The week's ETF movers - Gainers / Losers [View news story]
    Editor The Lewis LetterI would like to think that Newmont Mining (gold) and Peabody Energy (coal) contributed a few inches to these ETF's.
    Aug 9 05:46 PM | Likes Like |Link to Comment
  • Global cyclicals extend gains on Chinese industrial growth [View news story]
    Editor The Lewis Letter
    Both CAT and BTU are NOT FOR SALE and occupy a two year stay in my model portfolio. Both do significant business in China and the economic data support their recent stock price rises, BTU for steel makers, CAT for infrastructure and mining. Gold miners could attract Chinese buying, i.e. NEM with 99 million ozs, of gold reserves if the Middle Kingdom wants to return to the gold standard and make the yuan the number world currency.
    Aug 9 03:25 PM | Likes Like |Link to Comment
  • Big gold miners are in big trouble if gold hits $900, Cowen says [View news story]
    Editor The Lewis Letter
    Well said. Short Cowen!
    Aug 8 10:28 AM | Likes Like |Link to Comment
  • Big gold miners are in big trouble if gold hits $900, Cowen says [View news story]
    Editor The Lewis Letter
    Cowen is wrong as NEM with over $1B in cash, 99M ounces of gold reserves, 9.5M lbs. of copper, and a "clean" $0.45 EPS versus a consensus $0.41, NEM has staying ability more than most plus a dividend that yields 3.32%
    Aug 7 04:42 PM | 1 Like Like |Link to Comment
  • ConocoPhillips Outperforms Its Peers In The Second Quarter [View article]
    Editor The Lewis Letter
    COP has been in my model portfolio for two years along side CVX, RDS.A, outperforming its peers. When PSX and COP were both 60, I suggested a switch from Phillips66 into ConocoPhillips dead even. Now look. Terrific analysis. Dividend a bonus.
    Aug 7 09:49 AM | Likes Like |Link to Comment
  • Newmont: Dividend Reduced But Yield Still Attractive [View article]
    Editor The Lewis Letter
    Most informative article. Newmont Mining has been in my model portfolio for two years. Most subscribers own it. With 99 million ounces of gold and 9.5 million pounds of copper (or is it tons?) the assets undervalue the stock price huge. Hope the "clean earnings $0.45" has the impact your followers predict.
    Aug 6 09:03 AM | Likes Like |Link to Comment
COMMENTS STATS
336 Comments
221 Likes