Apple: Probably Going To Remain Painful For The Average Investor [View article]
As Brennan offered, there is an awful lot of emotion around AAPL, just read the comments above. SA articles related in some way to Apple plague my inbox. I do not own a single Apple device, but once the stock skittered below $450, I couldn't resist nibbling a bit - so I bought 10 shares. If you see an earnings beat, look out; warm money will flood in...if they miss, who knows. I am no expert, but I do belive that the "ecosystem argument" is in Apple's favor.
I chose to load up on basic materials, which are boring, unsexy, and only newsworthy when at extremes...and where I think I will make more money than AAPL. Regards, Moses
Select coal stocks are on the move following a bullish note from Goldman Sachs, which predicts 10% Y/Y gains in demand for thermal coal as a result of less coal-to-gas switching; the higher forecast reflects an improved outlook for natural gas prices and normalized storage. ANR +3.8%, ACI +3.1%, CNX +2.7%, BTU +0.9%, CLD +0.2%. [View news story]
I hope you are all right as I am in ACI and BTU. Takeovers/shake-ups would be great. Extremely oversold? Maybe. Oversold? Definitely. That's why I bought. Moses
ArcelorMittal: Medium-Term Trade And Long-Term Investment [View article]
Agreed. XRT, I have appreciated your level-headed commentary all the way through. I am so convicted, that I sold out of a micro cap I have been holding for years today to fund a fatter MT position. I can rebuild the microcap holding later with new money, whereas waiting to capture MT at $12 <firesale!> again with new cash may not be available to us for very long. Enjoy the wknd, Moses
ArcelorMittal: Medium-Term Trade And Long-Term Investment [View article]
XRT, the immediate downside here is 'Euro-exhaustion'...the towels are being thrown in on MT as we speak. I have cleaned out the couch cushions, so now I will be selling stuff out of my house that isnt nailed down...including the cat, dogs, and various pieces of furniture and jewelry to buy more MT! The wife better look out!
All joking aside, this is about the best entry price opportunity we are going to see on MT for years. Stockperks has been dead on about the super short term, but I am rigging up for this stock to outperform in my little book of equities for a couple years.
ArcelorMittal: Medium-Term Trade And Long-Term Investment [View article]
All I need is cash! Cause I would buy more MT. I am approaching a 'full position' in this name, however.
XRT - I am hoping just one of the "couple situations" you are thinking about come to pass as I am in materials pretty heavily right now, or at least heavier than normal.
Can These Utility Stocks Sustain Their Dividend Yields? [View article]
glad you got in...seriously. I am still a pretty big fan of EXC, even though I no longer hold shares. I am curious to see the market response to the actual dividend cut. I believe the institutional money that is going to leave the stock has left, but individual investors still holding on may create another smaller sell-off following the actual adjustment down. Many articles on SA seemingly still tout EXC as a big dividend yielder, which leads me to believe that A) you must beware what certain authors write, and B) people (casual investors) will not be made fully aware of the dividend situation until it is gone.
SUNY Binghamton huh? I was born and raised in the Catskill Mtns.
ArcelorMittal: Medium-Term Trade And Long-Term Investment [View article]
MT makes the steel that is formed into falling knives!
But you are probably correct stockperks, there could be more downside in the near term, especially with a correction looming. My opinion is that buying below $15 per share is like buying at 4 or 4:30, or 5 o'clock. I cant really tell you exactly when we will trough, but we are close.
First and foremost I am a value investor - who happens to be dabbling a bit in trading the stock names that I really like based on valuation, but are not in a solid uptrend - so I am willing to stomach a little down.
I had an entry price point and once MT hit it, I had to get in. I have to control the emotion and act on what I said I would act on. (I burnt myself penny pinching CAT in 2009...I said I wouldnt get in until it got down to $30. I saw it hit 31.50 and said I will be patient...well... when it hit $115+ in 2012 and I hadnt pulled the trigger I was kinda pissed at myself.)Lesson learned.
PS. I watch price to book value on names like MT. XRT hit it on the head...MT will be a $20, $30, and $40 stock in the coming 24 months. Hold me to this...Regards, Moses
Can These Utility Stocks Sustain Their Dividend Yields? [View article]
Daivd S., I agree with your commentary about attractiveness based on price. For EXC that entry point was $30 or under, and if you got in then - kudos!
What Crosetti is offering is pretty significant though; you have to dig deeper if you plan to hold a 'stable' utility stock for the income over the long haul. Us younger guys (I am not as young as you...) have time to *theoretically* wait out the unfortunate things that have befallen EXC, but the question is do we really? I was going to hold on throughout thick and thin, but once they chose to cut the dividend to save their investment grade status, I did an about face. All the other items that could plague them (hedging concerns in power markets, pension liabilities, the vagueries of alternative energy production, etc)...are now magnified - in my mind - in light of a major dividend cut. Maybe a little late...as I had to book a loss.
For me, EXC was playing the role of a bond-like holding in my equities portfolio and it pains me to have to admit that my choosing EXC as a core holding wasn't the best idea...don't get me wrong, I was stomaching the stock price drop, but the income generation that I expected was slashed into the future.
Can These Utility Stocks Sustain Their Dividend Yields? [View article]
David Schneider, if you are indeed a long time investor (and the term 'long time' is relative, I suppose), you would realize EXC has not raised its dividend in many years. Its share price plummeted over the past year or so, kicking up the dividend yield. EXC management actually announced a divvie cut earlier this year, effective this coming quarter. Don't be fooled...I did harvest that last fat dividend before selling my EXC stake recently, however. They are a quality corporation who has had to endure some trying times in energy markets lately.
"The big opportunity over the next two years is the low-end phone market," Gene Munster tells Bloomberg, expecting Apple's (AAPL) earnings growth to return in H2 and reiterating his Buy rating on the stock. Munster sees just a modest increase in the dividend - from $10.60 to $14 - and no bump in the buyback. Shares +0.3% premarket. [View news story]
PG had to make the same transition AAPL is churning through coming out of the great recession...look at PG's share price from 2009 til now. Think about the products that they sold and to whom.
AAPL is now in process working through how to continue meeting the needs of a shrinking 'first world' market with high end tastes (and the resultant high growth margins) while tapping into a vast 'third world' market that requires different products and the acceptance of a different growth profile.
PS. AAPL's coin purse is kinda fat, so lets wait and see what they have in store for the world. Yes, I bought a few shares...with the expectation that I will sell at a nice 20-30% profit. Regards, Moses
ArcelorMittal: Medium-Term Trade And Long-Term Investment [View article]
blasgon, I am hoping your thoughtfully restrained negativism is signalling the 'trough' as I have been making nice sums off of these levels in this particular name (trading). Plus, I would suggest it as a long term holding, even though they hacked the dividend recently to propel cost cutting and recovery.
As a matter of fact, I bought more just now...the 'couch cushions' yielded just over a grand and I pushed it in to MT, now my largest holding. Crazy? Maybe. Healthy returns in a couple months time? Probably. Run Mittal family RUN!
If steel demand does pick up globally in the next year or two, look out.
ArcelorMittal: Medium-Term Trade And Long-Term Investment [View article]
XRT, thanks for the piece. Although not a trader, I sure have been successful making money in MT over the last year plus. Recently, I sold my long position in EXC (a loss) and need to make up some dough. MT is the one I bet on to clean up my messes.
Vireoman and I are sipping on the same stuff. I got in a little early this go round at 14 change, but may look through the couch cushions to hit it again at 13 change. Nice work, Vireoman. I would give you a triumphal bird call, but I am out of practice. Ka-KAW!
Riding The Secular Bull Market In Rails To Profit-Land [View article]
Ben, I love the rails, but sold my CSX and NSC in front of a potential correction. Booked some profits and will ride again when people run scared. Regards, Moses
Apple: Probably Going To Remain Painful For The Average Investor [View article]
Apple: Probably Going To Remain Painful For The Average Investor [View article]
I chose to load up on basic materials, which are boring, unsexy, and only newsworthy when at extremes...and where I think I will make more money than AAPL. Regards, Moses
Select coal stocks are on the move following a bullish note from Goldman Sachs, which predicts 10% Y/Y gains in demand for thermal coal as a result of less coal-to-gas switching; the higher forecast reflects an improved outlook for natural gas prices and normalized storage. ANR +3.8%, ACI +3.1%, CNX +2.7%, BTU +0.9%, CLD +0.2%. [View news story]
ArcelorMittal: Medium-Term Trade And Long-Term Investment [View article]
ArcelorMittal: Medium-Term Trade And Long-Term Investment [View article]
All joking aside, this is about the best entry price opportunity we are going to see on MT for years. Stockperks has been dead on about the super short term, but I am rigging up for this stock to outperform in my little book of equities for a couple years.
Regards, Moses
ArcelorMittal: Medium-Term Trade And Long-Term Investment [View article]
XRT - I am hoping just one of the "couple situations" you are thinking about come to pass as I am in materials pretty heavily right now, or at least heavier than normal.
Moses
Can These Utility Stocks Sustain Their Dividend Yields? [View article]
SUNY Binghamton huh? I was born and raised in the Catskill Mtns.
Make some money, Moses
ArcelorMittal: Medium-Term Trade And Long-Term Investment [View article]
But you are probably correct stockperks, there could be more downside in the near term, especially with a correction looming. My opinion is that buying below $15 per share is like buying at 4 or 4:30, or 5 o'clock. I cant really tell you exactly when we will trough, but we are close.
First and foremost I am a value investor - who happens to be dabbling a bit in trading the stock names that I really like based on valuation, but are not in a solid uptrend - so I am willing to stomach a little down.
I had an entry price point and once MT hit it, I had to get in. I have to control the emotion and act on what I said I would act on. (I burnt myself penny pinching CAT in 2009...I said I wouldnt get in until it got down to $30. I saw it hit 31.50 and said I will be patient...well... when it hit $115+ in 2012 and I hadnt pulled the trigger I was kinda pissed at myself.)Lesson learned.
PS. I watch price to book value on names like MT. XRT hit it on the head...MT will be a $20, $30, and $40 stock in the coming 24 months. Hold me to this...Regards, Moses
Can These Utility Stocks Sustain Their Dividend Yields? [View article]
What Crosetti is offering is pretty significant though; you have to dig deeper if you plan to hold a 'stable' utility stock for the income over the long haul. Us younger guys (I am not as young as you...) have time to *theoretically* wait out the unfortunate things that have befallen EXC, but the question is do we really? I was going to hold on throughout thick and thin, but once they chose to cut the dividend to save their investment grade status, I did an about face. All the other items that could plague them (hedging concerns in power markets, pension liabilities, the vagueries of alternative energy production, etc)...are now magnified - in my mind - in light of a major dividend cut. Maybe a little late...as I had to book a loss.
For me, EXC was playing the role of a bond-like holding in my equities portfolio and it pains me to have to admit that my choosing EXC as a core holding wasn't the best idea...don't get me wrong, I was stomaching the stock price drop, but the income generation that I expected was slashed into the future.
Can These Utility Stocks Sustain Their Dividend Yields? [View article]
Regards, Moses
"The big opportunity over the next two years is the low-end phone market," Gene Munster tells Bloomberg, expecting Apple's (AAPL) earnings growth to return in H2 and reiterating his Buy rating on the stock. Munster sees just a modest increase in the dividend - from $10.60 to $14 - and no bump in the buyback. Shares +0.3% premarket. [View news story]
AAPL is now in process working through how to continue meeting the needs of a shrinking 'first world' market with high end tastes (and the resultant high growth margins) while tapping into a vast 'third world' market that requires different products and the acceptance of a different growth profile.
PS. AAPL's coin purse is kinda fat, so lets wait and see what they have in store for the world. Yes, I bought a few shares...with the expectation that I will sell at a nice 20-30% profit. Regards, Moses
ArcelorMittal: Medium-Term Trade And Long-Term Investment [View article]
As a matter of fact, I bought more just now...the 'couch cushions' yielded just over a grand and I pushed it in to MT, now my largest holding. Crazy? Maybe. Healthy returns in a couple months time? Probably. Run Mittal family RUN!
If steel demand does pick up globally in the next year or two, look out.
Cheers, Moses
ArcelorMittal: Medium-Term Trade And Long-Term Investment [View article]
Vireoman and I are sipping on the same stuff. I got in a little early this go round at 14 change, but may look through the couch cushions to hit it again at 13 change. Nice work, Vireoman. I would give you a triumphal bird call, but I am out of practice. Ka-KAW!
Regards, Moses
Riding The Secular Bull Market In Rails To Profit-Land [View article]
Timing The Next Move In Coal [View article]