Seeking Alpha

Momintn

Momintn
Send Message
View as an RSS Feed
View Momintn's Comments BY TICKER:
Latest  |  Highest rated
  • Market Timing Report: 10-20% Correction Due To Extreme Sentiment And Leverage [View article]
    Consumption of oil continues to rise. Demand is not falling. Production is rising because of the USA and Canada. "Projected world liquid fuels consumption grows by an annual average of 1.0 million bbl/d in 2014 and 1.2 million bbl/d in 2015." "EIA expects global consumption to grow by 1.0 million bbl/d in 2014 and 1.2 million bbl/d in 2015. Projected global oil-consumption-weighted real GDP, which increased by an estimated 2.7% in 2013, grows by 2.7% and 3.3% in 2014 and 2015, respectively."
    This is a primary reason the dollar is strengthening. Oil is denominated in dollars. As our GDP goes up, the dollar also goes up, and with more production from the USA, the price of oil goes down.
    OPEC production is falling.
    "EIA expects OPEC crude oil production to fall by 0.2 million bbl/d in 2014 and by more than 0.4 million bbl/d in 2015 to accommodate growing production in non-OPEC countries."
    The USA is expected to reach almost 4 million barrels a day in 2015. "EIA estimates that non-OPEC production grew by 1.4 million bbl/d in 2013, averaging 54.1 million bbl/d for the year. EIA expects non-OPEC production to grow by 1.9 million bbl/d in 2014 and 1.2 million bbl/d in 2015. The United States is the leading contributor to forecast non-OPEC supply growth, increasing by 1.48 million bbl/d in 2014 and 1.23 million bbl/d in 2015."
    Look at the chart Non-OPEC Crude Oil and Liquid Fuels Production Growth
    http://1.usa.gov/Xg8Id0
    Oct 11 02:57 PM | 2 Likes Like |Link to Comment
  • IBM Should Be Avoided At These Levels [View article]
    Last week IBM only lost 1.45% while the DJIA lost 2.66% and the S&P lost 3.04%. I think conservative value investors like IBM. Or perhaps IBM continued to buy back the stock last week, which is more than fine with me. IBM has reduced shares 9.1% the past four quarters which means shareholders own 10% more of IBM than they did a year ago. At this pace, long term shareholders will end up with substantial ownership with little re-investment cost or tax consequences unless they sell. It's a good time to re-invest dividends as well.
    Oct 11 01:21 PM | 2 Likes Like |Link to Comment
  • Minimize Ownership Complications With This MLP Idea [View article]
    Even if you buy and sell MLPs, I still got a K-1 with no distributions on those I sold, and had to include them in my tax return.
    MLPI's ex-dividend date is today so if you want to buy it, it is down a lot.
    Oct 10 10:53 AM | Likes Like |Link to Comment
  • Take-Two Interactive: Undervalued With Plenty Of Growth Ahead [View article]
    So what do you think they are going to sell this Christmas? What do you think revenue growth will be for this year?
    Oct 10 10:46 AM | Likes Like |Link to Comment
  • Commodities Today: Long-Term Buys Abundant In This Market [View article]
    I wouldn't own BP for all the money in the world because of the gulf oil spill. And they definitely have the lowest credit rating of the three.
    Oct 10 10:25 AM | Likes Like |Link to Comment
  • Commodities Today: Long-Term Buys Abundant In This Market [View article]
    BP has the worst credit rating as well as stock rating on Morningstar. XOM is clearly the best of the three. And BP pays dividends in euros and you know where the euro is going... As much as people try to trade our futures and e-minis down with the dollar rising, that is opposed to common sense. You want to own stocks that pay you dividends in the currency that is improving. When people move their money to another country, it will come to the USA.
    Oct 9 03:40 PM | Likes Like |Link to Comment
  • Carl Icahn posts open letter to Apple [View news story]
    I agree that Apple should buy back more shares. They did not reduce number of shares until 2013. Since then they have reduced shares each quarter but not by a substantial amount. Carl wants more ownership of the company without paying taxes. Apple should follow IBM on this.
    My calculation by looking at Morningstar's income statement is that Apple has reduced shares 6.5% while IBM has reduced shares 9.1% from the past four quarters. This is a good way for investors to increase their net worth for the long term.
    Oct 9 11:40 AM | 2 Likes Like |Link to Comment
  • Ecuador awards $2.12B in contracts to boost crude output [View news story]
    Seems to me that oil stocks should not be losing more value than oil as countries increase their production to produce more oil. More production means many companies will get more business. Think about how much more oil contracts we are getting in the USA with all of this oil.
    Oct 9 11:26 AM | Likes Like |Link to Comment
  • Avoid Falling For These 'Tricks' When Investing In A Stock [View article]
    Widows and orphans pay taxes too. In fact there are more seniors paying capital gains and dividend taxes, including state taxes, than you might think.
    Oct 9 09:44 AM | Likes Like |Link to Comment
  • 5 Stocks With Strong Dividend Growth Metrics [View article]
    Target has many impending lawsuits because of the credit card breach. IBM is a good buy today on the 200 dma. Watson center opens today in NYC. IBM's Blaumueller noted that an algorithm spotted the recent onslaught of the Ebola virus 9 days before WHO http://tinyurl.com/qx2...
    Oct 8 11:26 AM | Likes Like |Link to Comment
  • Top 10 Net Payout Yield Stocks For October 2014 [View article]
    This is a good place to invest in IBM on the 200 dma. More healthcare companies and hospitals are employing Watson which you can follow on twitter.
    Oct 8 11:21 AM | 2 Likes Like |Link to Comment
  • Avoid Falling For These 'Tricks' When Investing In A Stock [View article]
    Number 5 on this list for 2Q.
    http://on.wsj.com/1qbkcsc
    Oct 7 01:14 PM | Likes Like |Link to Comment
  • Avoid Falling For These 'Tricks' When Investing In A Stock [View article]
    People all over the world are tired of paying taxes. In the USA, you can put a small percentage of your earnings into IRAs or 401ks but you are going to eventually pay the tax, because either you have to take withdrawals or your heirs have to do it when they inherit your IRA. Instead you can just put your money into stocks that are doing buybacks, own more of the company without paying taxes, and pass those assets to your heirs with a new cost-basis when you die, and your heirs can do the same thing. When you have significant money to invest, taxes are going to eat up your returns.
    Oct 7 12:59 PM | Likes Like |Link to Comment
  • Avoid Falling For These 'Tricks' When Investing In A Stock [View article]
    Thanks for the list. I love buybacks because it increases my holdings without paying taxes or re-investing costs.
    Oct 7 09:47 AM | 2 Likes Like |Link to Comment
  • Enterprise Computing Jumps On The Supply-Demand Curve [View article]
    I think people are being naive to think that running a website for page views is all there is to managing a company's business. I guess if you get paid for page views, then that is the most important thing to Seekingalpha authors, but few businesses compete based on page views.
    Oct 7 09:44 AM | Likes Like |Link to Comment
COMMENTS STATS
3,928 Comments
2,995 Likes