After much delay (a wedding, numerous business evolutions, etc.), I am finally back to writing. It will take a considerable amount of time to get back into the swing of things after such an extended absence, but I am excited about starting over from scratch.
Here are a couple of things I am working on currently:
- A book review for the wonderful folks at Wiley Publishing; I anticipate being finished in the next couple of weeks
- A gasoline options strategy that private investors can use to hedge against increasing gas prices in any environment
- Preparing for new UAW contracts to be negotiated for the big 3 auto companies: Ford (NYSE:F), General Motors (NYSE:GM), and Chrysler
- Examining whether I should consider re-entering some US banks after dumping Citigroup (NYSE:C) about 3 weeks ago, or whether the floor is still a moving target
Here is a quick summary of my thoughts:
- Ford (F) looks to be putting in a firm triple-bottom at the $10 level, indicating that this is the level at which unfavorable UAW contract negotiations are baked into the stock price. It will be interesting to see whether a favorable or just a neutral outcome to the negotiations can break the stock out above the $12 level.
- International Paper (NYSE:IP) announced approval to buy rival Temple-Inland (NYSE:TIN). after an 8% surge to roughly $28 on news of the buyout, the stock has settled to between $25 and $26. As the process continues, should the stock drop to below $25, it presents a VERY attractive buying opportunity
- Doing the math to see how the Verizon (NYSE:VZ) workers strike will affect quarterly earnings
- Watching developments with the US Postal Service's budgetary worries, and how UPS (NYSE:UPS) or FedEx (NYSE:FDX) will respond