Send Message
View as an RSS Feed
  • Buy Stocks Here, The Sell-Off Is Way Overdone - Bezek's Daily Briefing  [View article]
    I'm not a big believer in technical analysis but I do take notice once in awhile. There was a clear 'rounded top' formation leading up to the SPX plunge in August, then a recovery to (guess what?) continuation of the 'rounded top'. This is very similar to the pattern for SPX in 2007 - 2008. With SPX currently around 1920, there is a support around 1900 and then lower at 1850. Both of these are within reach especially with the continued turmoil in commodities. To me, this uncertainty deserves caution.
    Jan 11, 2016. 09:00 AM | 2 Likes Like |Link to Comment
  • How Much Does Disney Stand To Make From Star Wars?  [View article]
    Of a projected $4 billion ticket sales, how much would actually flow to Disney?
    Dec 16, 2015. 09:34 AM | 1 Like Like |Link to Comment
  • Freeport-McMoRan Could See A Comeback  [View article]
    Asset base is only 48% owned (52% debt). Expand into China? How? Take on more debt? Invest earnings that don't exist? The only thing that will help FCX to recover is a general increase in commodity prices.
    Oct 18, 2015. 09:53 AM | 4 Likes Like |Link to Comment
  • JPMorgan also dismissed 10 analysts for cheating internal exams  [View news story]
    Why were they fired? I thought the credo was, "Anything worth having is worth cheating to get."
    Oct 18, 2015. 08:55 AM | Likes Like |Link to Comment
  • REIT Dividends Are Overrated  [View article]
    Until all the stock is gone and you have no dividends? I suppose if you have a large enough store of stock to begin with it can last a lifetime.
    Oct 13, 2015. 12:23 PM | 2 Likes Like |Link to Comment
  • U.S. economy added 200K private jobs  [View news story]
    $10/hour is $20,000 per year. No longer desperate? How far could you get on that income? I don't think it's a problem solved but only one that's been reduced a little.
    Sep 30, 2015. 11:17 AM | 1 Like Like |Link to Comment
  • As U.S. export agency dies, GE turns to the U.K.  [View news story]
    Republicans think of themselves as job creators but the truth is out. GE, Boeing, how many other companies will be exporting jobs that used to be in America because the republicans refuse to continue the Ex/Im Bank?
    Sep 24, 2015. 08:32 AM | 10 Likes Like |Link to Comment
  • GE to Move Production and Jobs for Turbines and Generators to Europe; Secures Financing from COFACE and Others 
    Without the ex-im bank, Boeing is next to move jobs out of America. Many others to follow. Stupid congress!
    Sep 15, 2015. 09:32 AM | 1 Like Like
  • Icahn Takes Large Stake In Freeport - Sign Of Mature Mining Bear?  [View article]
    FCX executives and directors should take a pay cut proportionate to the stock price decline and should not receive any bonuses or other forms of alternative compensation. It's not right that they continue to reap millions at the expense of stockholders.
    Aug 28, 2015. 08:17 AM | 8 Likes Like |Link to Comment
  • Wall Street Breakfast: Lockheed Set To Buy Sikorsky For Over $8B  [View article]
    Also, they feel obligated to oppose whatever Obama favors, no matter how intelligent or beneficial it may be.
    Jul 20, 2015. 08:30 AM | 5 Likes Like |Link to Comment
  • Come On, Let's Face It, Linn Energy Is A Steal At $9  [View article]
    Sometimes being "WAY oversold" is a correct indicator of further downside. Personally, I like to look at more than one variable in making buy/sell decisions.
    Jul 19, 2015. 09:36 AM | 1 Like Like |Link to Comment
  • How Much Bond Duration Could You Endure?  [View article]
    One can get carried away with over-defining 'market timing'. I suppose that every time one sells (to take profits or avoid losses) or buys (at what appears to be a low price with upside potential), this could be called market timing. It's what investors do. However, what most people consider to be market timing is a more active buy-sell strategy that attempts to take advantage of short term price swings. Momentum players are classic market timing enthusiasts. I believe Chuck is more of a buy and hold advocate. Buy a solid investment that shows promise of a favorable return and hold it for the long run. That might be a stock or bond or something else. And his methodology attempts to minimize several kinds of risk.
    Jul 18, 2015. 09:07 AM | Likes Like |Link to Comment
  • Do Rising Rates Mean Falling Stocks?  [View article]
    The periods of 1993 - 2000 and 2003-2008 saw generally increasing interest rates yet produced two of the biggest bull markets in history. Interest rates impact on stock prices? It depends!

    Aren't interest rates only one variable in a multi-variate equation? Too many people like to reduce the future of markets to a single independent variable that may have some brief historical significance. The actual functioning of markets is far more complex than that.
    Jun 12, 2015. 01:19 PM | 1 Like Like |Link to Comment
  • General Electric: Fair Value Of $38+ And Dividend Yield Approaching 4% Make An Investment In GE A No-Brainer  [View article]
    I will gladly sell my shares for the 'fair value' of $38.37 right now. Or is the author talking about some other kind of 'fair value'? Most other fair value articles compare today's 'intrinsic value' to today's 'market value'. This author's 'fair value' seems to be about a long term value which might be years or decades away.
    Mar 30, 2015. 08:16 AM | Likes Like |Link to Comment
  • Freeport-McMoRan: The Market Is Clearly Mistaken About This One... A Textbook Case  [View article]
    Companies cut dividends for a very good reason. It's to preserve cash which is to say, protect other assets. FCX's balance sheet isn't pretty and it's the prettiest they can make it. If the commodities markets get any more depressed, look to more asset sales at fire sale prices and the elimination of the dividend, i.e., it becomes a smaller less prosperous company. Perhaps even a takeover candidate at a not-generous price. On the other hand, if commodities turn around, FCX is leveraged to benefit. That said, if I were to wager, I would say the most likely scenario is the current stagnation for some time, before the recovery takes hold. As a long time shareholder, I am very disappointed with the current situation and hopeful of a recovery, but I'm not putting any more into FCX.

    P.S. The market isn't wrong about FCX stock. It's what buyers are willing to pay and owners are willing sell for. Most investors are buying into the future, not the past, and although the past may hold information helpful to determine the future, it's not always a reliable predictor. In this case, buyers are not that excited about FCX's prospects as the price has held in a very low band for some months now.
    Mar 28, 2015. 09:35 AM | 8 Likes Like |Link to Comment