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joeblow_pe

joeblow_pe
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  • GLD: Market Teetering On A Breakdown [View article]
    minxx, you must be one of these guys that read Avi hoping that he will validate your bullish position? As long he's bearish he is full of crapa... Maybe you and all the other bulls that beat him up every week for stating his position are the jokes??? Keep your head in the sand, your fingers crossed and do not under any situation use stop loss orders and you will do just fine :(
    Aug 24, 2014. 06:39 AM | 9 Likes Like |Link to Comment
  • Build A 'Whatever Happens' Portfolio... Now [View article]
    I don't know much about long/short funds but in looking at MFLDX, which was the only one around in 2008 and the 2014 performance of all three funds listed, I completely miss how this is a hedge against a downturn. I didn't do the math to see the exact performance in 2008 however eyeballing it it looks like MFLDX feel in lockstep with the rest of the market. Can the author explain what I'm missing here?
    Aug 17, 2014. 09:41 AM | Likes Like |Link to Comment
  • This High Dividend Stock Just Declared 5th Straight Hike, Yields Almost 8%; Goes Ex-Dividend This Week [View article]
    $72 PE and $45 forward earnings PE. Wow! Maybe there is a reason why there is a market for the puts but not the calls?
    Jul 29, 2014. 05:31 AM | Likes Like |Link to Comment
  • AT&T Presents Dividend Investors With Yet Another Buying Opportunity [View article]
    I'm not sure if the question was asked in seriousness or sarcastically, hopefully the former. This is where I struggle with the dividend investing crowd. A year ago, T was at $35. Today it is at $35, and pays a 5% dividend. A year ago, MSFT was at 37 and today it is at 45 and pays a 2.5 divi. Which am I going to invest in - lock in a 5% divi (until they have to lower it because costs are growing at a faster rate than revenue) or go to a smaller divi with a company that has growth potential? To reiterate my earlier point, investors should be concerned that T OpEx is growing faster than revenues. You can't sustain or increase the dividend if that continues. I disagree that the author highlights an increase in net income when it was for an extraordinary event and highlights it is a good measure. And I don't get why the author highlights (and not to attack the author) the total assets. Yes, the cash on has increased considerably, but where are the liabilities? Did they decide not to pay their vendors in order to boost the cash balance for the Q2? You can't cherry pick the stuff you like and ignore everything that doesn't match the story you want to tell.

    And the comments on goodwill, the obvious message is that they overpaid for something. What is always difficult to measure is the return on what they overpaid for vs the returns of the acquired asset to know if it was a smart or dumb move. Look at Google and the huge goodwill from buying Motorola. Good thing? Bad thing? I can't tell.

    Other stocks that I own for the long haul (permanently until their business model or their market changes include O, BMO, OHI, CVX, GM, F. They all pay something of a dividend but still have room to grow in their respective markets. I don't have large positions in O or OHI due to interest rate concerns, but if and when Yellen announces an interest rate hike and the share price gets hammered from the dump and run crowd, I will pick up more positions in them.
    Jul 25, 2014. 04:56 PM | Likes Like |Link to Comment
  • AT&T Presents Dividend Investors With Yet Another Buying Opportunity [View article]
    Not sure that I'm following the logic here. Revenues are up 1.7% while operating expenses are up 7.4% and that's a good thing? All of of the net income is from extraordinary items which means that the higher net income is not sustainable quarter on quarter / year on year.

    I like the 5% dividend however there are other opportunities out there with a higher growth potential (and not necessarily higher risk given the competitiveness of the T's business) that I am going for. I sold T a few months ago and haven't regretted the decision.
    Jul 25, 2014. 05:07 AM | Likes Like |Link to Comment
  • Developing A Rotation Strategy Using Highly Diversified ETFs [View article]
    Marc, please don't get my comment wrong, I'm not out to criticize you at all.

    I struggled with high school algebra, calculating the linearity value is way beyond my pay grade... I went back and looked at your results again and your system does not fail like mine did in the years 2010, 12 & 13.

    What is your go-forward plan? I know that you laughed at the guy who made the comment about next comes the ad, but I certainly have no problem paying for a system that delivers results.
    Feb 27, 2014. 06:50 AM | Likes Like |Link to Comment
  • Developing A Rotation Strategy Using Highly Diversified ETFs [View article]
    The problem that I've found with these different rotational strategies is that boom years distort the results. For example, I have a portfolio of SHY, ILF, EPP, SPY and TLT, with a 3 month weighting of 40%, 5 month 30%, and 2 day volatility 30% weighting that has a 10 year CAGR of 26.3%, the first reaction is to say wow, that's pretty impressive for a 10 year period. The bad part is that the CAGR drops to 11% when i run it for only the past 4 years while SPY CAGR is 15%.

    Developing something that is still reasonably safe but yet moves with the times is not an easy thing to do. ILF was the chosen ETF for 900 of the 1,974 days when the system was in equities, but has rarely been seen since 2006.

    These systems needs to be approached with caution.
    Feb 26, 2014. 01:20 PM | Likes Like |Link to Comment
  • Why Is The Fed Tapering? [View article]
    Not that anyone is that interested in Zimbabwe, I can't find confirmation on the internet that Zimbabwe has adopted the yuan as its currency, all that I can find is that the yuan is now accepted tender in the country, along with Zar, Usd, Aud, Euro etc. That is a bit different than adopting as its own currency...
    Feb 1, 2014. 06:40 AM | Likes Like |Link to Comment
  • Weighing The Week Ahead: What Is The Market Message? [View article]
    With regards to Argentina and its recent problems, people either forget our are unaware of its economic policies over the last few years. Inflation (real, not published) has been around 25%, while the f/x devaluation has been manipulated to be around 10%. It was always a matter of when, not if, would the house of cards that Christina built would start to crumble. It looks like maybe the long awaited event has started. Bernanke and the Fed have nothing to do with its problems.
    Jan 28, 2014. 06:17 AM | 1 Like Like |Link to Comment
  • Boost Your Dividend Yield [View article]
    Thanks, you covered the question and I appreciate the quick answer.
    Jan 17, 2014. 09:40 AM | Likes Like |Link to Comment
  • Boost Your Dividend Yield [View article]
    I'm new to doing covered calls. I have some stock in QCOR that I had hoped would be called away in April when the premium was close to zero, however the stock popped by 11% yesterday and now my call is in the money.

    Two questions, and the second may answer the first, if my stock is called away today, do i get to keep the full premium even though the call expires in April? If the answer to that is no, then how do I best protect myself in this case if I think the stock price is going to continue to rise?
    Jan 17, 2014. 08:37 AM | Likes Like |Link to Comment
  • Barrick axes 1,500 Argentine workers at Pascua-Lama gold mine [View news story]
    Nationalization would probably be the best thing that could happen to the project but it's a lousy mine when you combine the Chile and Argentinian ore, neither one are a mine without the other. Nationalization is an impossibility. Spillover or revenge on to the other Argentinian property would be more likely.
    Dec 15, 2013. 01:34 PM | Likes Like |Link to Comment
  • Barrick's Thornton has no plans to sell Pascua Lama, African Barrick [View news story]
    only if the price of gold has reached its bottom...
    Dec 5, 2013. 05:58 AM | 1 Like Like |Link to Comment
  • Silver And Gold: Another Rally Before Lower Lows? [View article]
    MIners can stop investing in sustaining capital, exploration projects, downsize support services, reduce contractor expenses, mine higher grades, issue more stock/debt...

    There is a lot that can be done to lower that magical $1,200 rather than sit back and hope for the price to go back up.
    Dec 2, 2013. 06:35 AM | 1 Like Like |Link to Comment
  • My Dividend Portfolio: Q3 2013 Update [View article]
    I'm not interested in how big the portfolio is but rather the percentage return....
    Oct 5, 2013. 06:43 AM | 1 Like Like |Link to Comment
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