Dale Mackey

Dale Mackey
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  • Consider National Oilwell Varco For 6.1% Dividend Yield While Waiting For Oil Price Recovery  [View article]
    added a little more this morning.. a lousy earnings report as the price of oil rises. musical time to be opportunistic.. if the oil price stabilizes or rises
    Feb 3, 2016. 06:47 PM | Likes Like |Link to Comment
  • Why Dip Buyers Will Get Clobbered: The U.S. Economy Isn't Doing 'Just Fine'  [View article]
    Excellent case arguing that a recession will occur in 2008... total hyperbole about today's markets, in my opinion...
    Jan 26, 2016. 01:03 PM | 5 Likes Like |Link to Comment
  • Markets rallying in overnight action  [View news story]
    Technically, the prior low is still in play.. we have a few more days to see if that floor holds I think.

    10/16/14 186.47 ($SPY)
    08/25/15 187.27
    09/28/15 188.01
    01/20/16 185.65
    Jan 20, 2016. 10:32 PM | 4 Likes Like |Link to Comment
  • Consider National Oilwell Varco For 6.1% Dividend Yield While Waiting For Oil Price Recovery  [View article]
    Nibbled a little this morning @ 29.06 (6.61% yoc).

    Arie, thanks for providing sound prospects in the treacherous materials and energy sectors. NOV has a mountain of cash in a soon to be decimated industry...
    Jan 20, 2016. 06:03 PM | 1 Like Like |Link to Comment
  • I Lost 7.82%, S&P 500 Lost 8.8% - How Much Did You Lose?  [View article]
    Food for thought.. I'll ride the CEF's out a bit longer, I do have one (of 35 positions) that has done well.. HAS, up almost 8%.. yea!
    Jan 18, 2016. 09:26 PM | Likes Like |Link to Comment
  • I Lost 7.82%, S&P 500 Lost 8.8% - How Much Did You Lose?  [View article]
    (6.64%).. 75% stocks, 15% bonds, 10% cash.. the CEF's in my portfolio have been slammed (BTO down 21%, KED down 24%, STK down 15%, THQ down 12%)

    sold a large stake in GSY (money fund essentially) and looking at adding a couple of positions (GILD, CF), adding to established positions (TROW, CSCO, already added to INTC).
    Jan 18, 2016. 09:11 PM | Likes Like |Link to Comment
  • Intel And The Pain Ahead  [View article]
    "When Qualcomm hits back in the data center space it could get worse."

    Not holding my breath for this...

    from the Forbes article... "The joint venture was announced Sunday morning in China, and brings together Qualcomm and the government of China’s Guizhou province. A Qualcomm subsidiary will own 45% of the newly formed company and the Guizhou government owns 55% for a total value of RMB 1.85 billion, or about $280 million."

    ..Getting into serious business with the Chinese on a joint venture to complete with Intel seems fraught with risk.. time will tell..
    Jan 18, 2016. 05:52 PM | 6 Likes Like |Link to Comment
  • Consider Reliance Steel & Aluminum At An Attractive Price  [View article]
    Time to add for me, lovely time to be building a position...
    Jan 16, 2016. 12:56 AM | Likes Like |Link to Comment
  • Retirement Strategy: The Smell Of Fear Is Here  [View article]
    Just initiated DRIP on the best DG positions I hold..

    always a reasonable practice to DRIP, a better idea following a correction; which as I am reading the tea leaves, will not be followed by a quick recovery..
    Jan 13, 2016. 08:13 PM | 3 Likes Like |Link to Comment
  • Health Care REITs Cash Flow Analysis  [View article]
    Excellent work!!!

    I was drawn to the dividend growth metrics, and of the potential candidates, prefer NHI based on same.. Health REITs seem much safer than mREITs and many other triple net REITs, at least to me,,
    Jan 12, 2016. 06:01 AM | 1 Like Like |Link to Comment
  • Consider Reliance Steel & Aluminum At An Attractive Price  [View article]
    Was researching material stocks recently and viewed your 09/15 article, then read the most recent earnings call.. these guys are amazing. Consolidating a very fragmented industry, buying small bolt on competitors, purchasing substantial company stock and increasing the dividend at a very healthy rate.. I got in a few days ago @ 58. Thanks for the articles :)
    Dec 30, 2015. 07:46 PM | Likes Like |Link to Comment
  • Best Russell 1000 Basic Materials Stocks: Buy Reliance Steel & Aluminum  [View article]
    Reliance Steel (NYSE:RS) has agreed to purchase all of the outstanding capital stock of Tubular Steel, a distributor and processor of carbon, alloy and stainless steel pipe, tubing and bar products.For the year ended December 31, 2014, TSI's net sales were approximately $200M. The transaction is expected to close in early 2016.

    Dec 27, 2015. 05:04 PM | Likes Like |Link to Comment
  • Equity CEFs: The Chasm Between What Works And What Doesn't  [View article]
    Thanks so much for your insights. Over my time with SA, your wise counsel has influenced several profitable investment choices. I was seeking a pure play in the finance sector as I have done in others (Tech, Energy, Health/Medical).

    While BTO is now trading at a premium, it fits quite nicely with my objective. In researching long term performance and MPT, I have found significant alpha (one year @ 8.58, three year @ 10.21 on NAV) and total return on NAV outperforming S&P TTR over 1, 3, 5 and 15 year(s)).

    I plan on building a position over the next several months, for all the reasons mentioned in your typically clear and thoughtful articles..

    Nov 9, 2015. 06:44 PM | Likes Like |Link to Comment
  • Scanning The SA Family For Alpha: WmHilger1  [View article]

    As usual, an excellent article with much to contemplate!! I fear there is no simple yes/no to the questions posed, however (at least from most replies). I'll limit mself to one or two sentence on each

    1) Would you reach for higher yields that carry greater risks rather than invest in dividend aristocrats or champions that offer much lower yields, less risk and more reliability?

    I have and do invest in high yield covered call CEF's, with high calculated alpha (available at M* and also Fidelity). They do not "feel" that risky and actually offer significant discounts during corrections periods ($ETV, $BME, $STK) and provide significant distribution yields. I also use similar ETF's with much lower yields, also with higher alpha ($PJP, $FDN, $SCHG) The highest yielding stocks I own are $VGR, then $T. I balance sector diversity to match SPY on a quarterly basis,

    2) Are you willing to monitor and adjust as required those high-yielding stocks much closer (since they are not elite aristocrats and can be "dividend volatile")?

    Yes.. I monitor the portfolio on a daily basis, deciding when to invest earned income back into the market. It's been a busy fall for making purchases. Recently added $CEM (a leveraged CEF based on Alerian Index) to replace shares of $WMB.

    3) Do you allocate a small percentage of investable funds in high-yielding dividend opportunity stocks to carefully increase your overall yield?

    Other than $VGR and $T, not really. I gave up on BDC's and mREITS as their volatility eludes my discernment.
    Oct 11, 2015. 08:09 AM | 2 Likes Like |Link to Comment
  • The Best Dividend Growth Stock In The Materials Sector  [View article]
    I enjoyed the article (as a holder of CMP) but was confused at the closing where you state..

    "Monsanto is my top choice for a dividend growth stock in the energy sector"

    I believe this is an error..

    If there a few more stocks that made the initial screens = more potential watch list candidates

    Thanks for your work
    Sep 16, 2015. 06:07 PM | 1 Like Like |Link to Comment