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Mercy Jimenez

Mercy Jimenez
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  • Quick Chat 282 July 28 2015 [View instapost]
    Now your timing is perfect!
    Thanks, Maya, you too.
    mj
    Sep 4, 2015. 04:30 PM | 3 Likes Like |Link to Comment
  • Quick Chat 282 July 28 2015 [View instapost]
    I agree with Mark above that deflation is more on my mind short term than inflation (although I have gold exposure through the CEF (GGN). I found this a good read regarding the ice-age basket of equities recommended by Société Générale for a period of deflation. 15 equities are mentioned which fit the bill. http://on.mktw.net/1Og...
    mj
    Sep 4, 2015. 07:08 AM | 5 Likes Like |Link to Comment
  • Quick Chat 282 July 28 2015 [View instapost]
    Good point, jpau, they were not on any of my watchlists-- but they are now.
    thx,
    mj
    Sep 1, 2015. 05:42 PM | 2 Likes Like |Link to Comment
  • Quick Chat 282 July 28 2015 [View instapost]
    Hi Jpau,

    I like GSK on several fronts -- but re: their dividend I look at the fact that it has forecasted an increase in its earnings of near 12% next year; it's had 5 years of consistent dividend growth and and management expects steady earnings growth in the “mid-to-high single digits” from 2016 to the end of the decade. Also its payout ratio is within industry averages around 39. So who knows whether their growth forecasts materialize -- but I think the GSK pps has a lower premium than comparable large pharmas + good gross profit margins + I think the pipeline projections are not fully valued. JMHO so DYODD.
    mj
    Sep 1, 2015. 01:49 PM | 7 Likes Like |Link to Comment
  • Quick Chat 282 July 28 2015 [View instapost]
    Added to my long term position on (GSK) @ $39.74 -- nearly 6% yield. The global sell-off is so indiscriminate that it feels like a retest of last week's low.
    mj
    Sep 1, 2015. 11:02 AM | 6 Likes Like |Link to Comment
  • Quick Chat 282 July 28 2015 [View instapost]
    I'm celebrating it on the 7th -- but you two are always a step (or should a say a week?) ahead of me! Have a good weekend everyone.
    mj
    Aug 28, 2015. 04:00 PM | 4 Likes Like |Link to Comment
  • Quick Chat 282 July 28 2015 [View instapost]
    Yes, Maya, I'm watching GSK since I am only 40% full on that one. If Europe catches our cold and it drops more tomorrow am, I may add in pre-market if the drop is healthy.
    mj
    Aug 25, 2015. 04:51 PM | 5 Likes Like |Link to Comment
  • Quick Chat 282 July 28 2015 [View instapost]
    Like I said this morning "all is well with the world again until later this afternoon." Dow now down 120 points.
    mj
    Aug 25, 2015. 03:49 PM | 5 Likes Like |Link to Comment
  • Quick Chat 282 July 28 2015 [View instapost]
    Out of this trading bloc @$12.63. I like the quality of this CEF so it is very good for trading. If I get "stuck" I just wait while I collect the monthly yield.

    mj
    Aug 25, 2015. 09:37 AM | 5 Likes Like |Link to Comment
  • Quick Chat 282 July 28 2015 [View instapost]
    By the way, I just heard a factoid I didn't know -- David Goldman of the Reorient Group in Hong Kong just pointed out that China has among the highest real interest reference rates in the world @ 4.6%. So from his vantage point this recent rate drop may be too small and piecemeal. In other words China has a lot of room to catch up to other Central Bank rate drop maneuvers to stimulate the local economy.
    mj
    Aug 25, 2015. 08:28 AM | 6 Likes Like |Link to Comment
  • Quick Chat 282 July 28 2015 [View instapost]
    DG --

    You'll wake up to Dow futures up over 500 points because China has just dropped interest rates 25bps for the fifth time and reduced bank reserve requirements. All is well with the world again until later this afternoon. :-))
    mj
    Aug 25, 2015. 07:16 AM | 6 Likes Like |Link to Comment
  • Quick Chat 282 July 28 2015 [View instapost]
    Continued scaling in to (NE) Noble Corporation @ $11.10. Strong balance sheet, excellent management, and 13% dividend (which may be reduced) continues to attract me.
    mj
    Aug 24, 2015. 03:45 PM | 4 Likes Like |Link to Comment
  • Quick Chat 282 July 28 2015 [View instapost]
    Added trading bloc of (EOS)@ $12.32 Eaton Vance Equity Income Fund a CEF holding growth large cap stocks and paying 8.24% yield with monthly distributions. Discount to NAV 5%+.
    mj
    Aug 24, 2015. 03:17 PM | 6 Likes Like |Link to Comment
  • Quick Chat 282 July 28 2015 [View instapost]
    Jpau,

    You may want to keep your finger on the trigger. Historically a flash crash of 1000+ points like we had at the open is followed by a retest before things settle out.
    mj
    Aug 24, 2015. 11:30 AM | 5 Likes Like |Link to Comment
  • Quick Chat 282 July 28 2015 [View instapost]
    Mark, who will win the day?? The HFTs of course. For example (SBUX) was down to $42.50 at the open down over $10-- I was going to press the button and then Fidelity's Active Trader Pro froze up - nada. When quick volumes overwhelm the markets it's the retail investor that has to get in line to play.
    mj
    Aug 24, 2015. 10:07 AM | 8 Likes Like |Link to Comment
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