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Dale Mackey

Dale Mackey
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  • 3 Things To Like About Innophos Holdings [View article]
    Found IPHS this morning in a screen searching for dividend growth stocks in the materials sector. Sold my prior materials position in BBL with small profit. As fate would have it, I found IPHS and then read your article as well (part of my DD in purchasing).. Thanks for your timely article..! :)

    Long IPHS.. (as of this morning)
    Sep 8 05:14 PM | 1 Like Like |Link to Comment
  • This MLP Fund Is Trading At Close To Its Widest Discount Since Inception, Offering An Attractive Opportunity [View article]
    Many good MLP CEF's and I think it's easy to find a profitable investment among them, MIE is a keeper. I wish I had gone into FIE or FIF, as I like the monthly compounding. Difficult to pick a best.. wish I could find a monthly distribution with a history of increasing distributions among the many MLP CEF's
    Aug 31 09:04 AM | Likes Like |Link to Comment
  • This MLP Fund Is Trading At Close To Its Widest Discount Since Inception, Offering An Attractive Opportunity [View article]
    I took a quick look at CEM at Morningstar and the current discount appears to have started during the recent market pullback early in August. CEM, unlike it's CEF MLP peers, has not come back to prior levels of discount or premium.

    I was a buyer of additional shares of FEN during the recent "dip". FEN market price has returned to prior average discount, not so with CEM.

    There is always market risk in CEF's and I tend to choose CEF investments based on NAV performance. With the MLP CEF's, I prefer steady and regular increases in distribution, which many deliver. CEM's increases in distribution are not quite so regular, or significant as alternate MLP CEF peers.

    This may be a good trade on market discount. I think the fundamental performance and regularity of distribution increases favors other CEF's in this segment as a long term holding or trading vehicle.

    Long FEN.
    Aug 30 03:05 PM | 1 Like Like |Link to Comment
  • Qualcomm: China Problem A Buying Opportunity? [View article]
    Got in today as well.. after taking a beating with SILC earlier in the week, switched to a bigger name that was in the shredder at the same time, with clear growth potential..
    Jul 25 05:55 PM | Likes Like |Link to Comment
  • Intel issues solid guidance, adds $20B to buyback [View news story]
    sold 1/4 of INTC position in the aftermarket.. my typical trade @ 50% gain
    Jul 15 10:34 PM | Likes Like |Link to Comment
  • This Rival Makes Boeing Look Overpriced [View article]
    Own them both, LMT bought at a substantial discount to today's price, nearly a double now. They are both wonderful stocks to own right now. I think BA has more upside, while LMT is one of those dividend darlings with a 21% 3yr DGR, BA has just started to shine and both companies have best in class technology in their respective markets with large back orders on the new products. buy them both and take flight
    Jul 14 09:54 PM | 1 Like Like |Link to Comment
  • Buy-Write CEFs Are An Alternative To An S&P 500 Dividend Fund [View article]
    Thanks for the analyzer tool :) still somewhat bewildered by their sorting tools!! Looks very useful indeed...
    Jul 13 05:34 PM | Likes Like |Link to Comment
  • Buy-Write CEFs Are An Alternative To An S&P 500 Dividend Fund [View article]
    Left Banker;

    Thank you for another perspective on CEF's as long term income investments. I enjoy reading your well written perspectives and analysis. Any article on CEF's seems to draw return of capital concerns, which is often misunderstood as destruction of capital. ROC distributions and there purpose is, in my opinion, a complex topic.

    I have been in ETV for some time and agree that it is an excellent source of monthly income and total returns. I also recently invested in IID for a similar approach with international coverage. My favorite tool for analyzing returns on investment with CEF's is Morningstar, as they detail both total return on price and NAV basis over several time frames, which is important to consider when investing in CEF's.

    My favorite CEF at this time is JCE (Nuveen Core Equity Alpha), which has soundly outperformed both SDY and SPY ttr over the past five years in all time frames of consideration. JCE recently increased their quarterly distribution and paid a long term capital gain distribution (in addition to the regular managed distribution) in Dec '13. JCE's distributions are more modest than ETV (around 6.5% paid quarterly).

    Perhaps in further analysis, you may help us all with more research into this corner of the investment world..

    Kind Regards
    Jul 13 12:06 PM | Likes Like |Link to Comment
  • The 3% Yield Club: 25 Non-REIT, Non-MLP Dividend Stocks Yielding Over 3% (Part 1) [View article]
    I like the list and enjoy reading your work. I am in T and D. I would like to mention catalysts or potential catalysts in both enterprises, T with the DirectTV deal pending and D with their LNG processing and export plans. These potential catalysts add to the solid fundamentals. I believe that the market has priced in a portion of the potential revenue and earnings improvements of these catalysts, moreso with D than T. I believe the presence of the catalysts is important in making purchasing decisions..

    Long T, D (and the Green Bay Packers as well) ;)
    Jul 4 10:27 AM | Likes Like |Link to Comment
  • Why Ensco Is A Great Buying Opportunity In A High-Yielding Stock [View article]
    Well done, you cover all the bases in my analysis ballpark... I too saw many of these as well.. driller stock down 30% (when I started watching) as oil prices are rising with a 5% yield is a value stock in my book too!!

    ..started building positions in mid-May
    Jul 3 06:05 PM | Likes Like |Link to Comment
  • Investors Are Playing Musical Chairs. Where Will You Be When The Music Stops? [View article]
    The Troubled Asset Relief Program (TARP) is a program of the United States government to purchase assets and equity from financial institutions to strengthen its financial sector that was signed into law by U.S. President George W. Bush on October 3, 2008. It was a component of the government's measures in 2008 to address the subprime mortgage crisis.

    source: http://bit.ly/n4OjyV

    Quantitative easing (QE) is an unconventional monetary policy used by central banks to stimulate the economy when standard monetary policy has become ineffective. A central bank implements quantitative easing by buying specified amounts of financial assets from commercial banks and other private institutions, thus raising the prices of those financial assets and lowering their yield, while simultaneously increasing the monetary base.

    source: http://bit.ly/uStZbR

    Just so we're clear that the 40's and 50's QE and today's QE were indeed very similar in lowering interest rates and effecting an expansion in the money supply
    Jun 30 05:25 PM | Likes Like |Link to Comment
  • Investors Are Playing Musical Chairs. Where Will You Be When The Music Stops? [View article]
    I enjoy reading all perspectives here and enjoy a balanced diet of opposing views. I recently read an interesting opposing view to the one presented in this article at Fidelity...

    http://bit.ly/V1Bkcl

    " A new secular bull market? History may offer clues. When the Fed ended QE in the 1950s, markets didn’t collapse"
    Jun 30 07:01 AM | Likes Like |Link to Comment
  • Broad rally in BDC names [View news story]
    guessing short covering...
    Jun 26 03:56 PM | 1 Like Like |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    Neurontin..is the drug that Pfizer has been in litigation for the past decade. I am certain the lawyers are well pleased with their victories in the courts..
    Jun 3 07:49 AM | 1 Like Like |Link to Comment
  • Big Oil Under Serious Threat [View article]
    "It isn't that the world is running out of carbohydrates..."

    Editor.. please don't diminish the supply of Doritos anytime soon, please!!!

    I think the prospects for solar power look good, not so certain that the major oils have as much near or even mid term risk until we start witnessing solar powered transportation in abundance, which may be a much longer time than the gradual economies of solar to power electricity..
    May 9 05:22 PM | 25 Likes Like |Link to Comment
COMMENTS STATS
108 Comments
85 Likes