Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.
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PRESSmUP
The last week has been good preparation for playoff pressures....nicely done Tito.
I'm looking at a speculative play in this same area...not a vehicle manufacturer, but on the charging side. ChargePoint (CHPT), with an earnings call after today's close. I use the term "earnings" loosely, but will be interested in the comments.
My expectation is that inflation will remain higher than expected for longer than expected.
The Fed may need to be more aggressive than many anticipate.
I was watching Bloomberg Surveillance, who historically does a much better job than alternatives…
@hank
It's not just the comments in Barron's, though that was surely most recent. Jamie Dimon chipped in also with a comment unlike him....economic "hurricanes" and whatnot. This current bump up looks to me simply to be a bear market rally.
In Fe…
This current bump up from the June lows seemed way too easy. Reading the latest Barron's, there's more than a bit of anxiety in the market, and some are voicing this pretty clearly, which I find odd. I'm holding at the moment, waiting. It feels like…
Costco has their giant rotisserie chicken for less than $5. Of course that up front membership fee can be an issue.
And the hot dogs are still $1.50. Which reminds me of when the new CEO was contemplating raising that price:
When Costco's current C…
I eat A LOT of chicken, and have noticed a rise in price. I buy mine at the West Side Market in Cleveland, which tend to be from more local suppliers. Last time I bought a roaster it was about $15...2 or 3 dollars more than a year ago. If I'm buying…
@MAV
I'm assuming your question is in regards to the individual stock holding. My portfolio is comprised of a taxable account, and a rollover IRA...both approximately the same size. Between them I hold 17 individual stocks. Within each account, a h…
Unfortunately, there will be a market for this type of fund. At Seeking Alpha, you often see folks editorializing about how they'd never invest in this or that company because of the fact that they are too "woke". It's really sad.
During the plunge earlier this morning, I added an amount equal to the current T holdings in my taxable account. At the very least, I have an opportunity to harvest a loss for tax purposes to balance out other gains.
Added to an existing JEPI holdi…
Seems like Zero Hedge thinks this bill is somewhat of a surprise. Given the fact that it's not, and the huge Ohio Intel plant down near Columbus has been in limbo in anticipation of this being officially completed, perhaps disappointed is a better w…
I've owned JPM, BAC and PRU since the rubble of 2020. But if you're looking for something similar to Schwab, there is BK (Blackrock). For a little more sizzle, I'd look to where the folks with money like to hide it..MS,BX or BAM. Also, all are nice …
Its just hard to find an active manager for equities who can CONSISTENTLY deliver a better risk-adjusted return than the market. A real value of any active manager "should" be a)managing portfolio risk, and b)outperforming their benchmark durin…
IMHO, the investment potential for crypto was always a prime example of the "Greater Fool" theory. Same with NFT's. The underlying technology of Blockchain is a different story.
One of the things I like about SCHD--for example--is that its top ten sectors do not show a reliance on consumer durables, utilities, infrastructure, or REITS for its payout. I like to buy those sectors separately.
That's precisely why SCHD is my…
Sold out of FSMEX, which was a 2021 addition. I intend to buy this back at some point later in the year, but this tax-loss sale counterbalances a few capital gains from January.
Pulling up a chart of SPY and looking at volume, you don't see the types of selling that we saw in March of 2020. I'm watching for signs of people throwing in the towel.
Whenever I hear Brian Moynihan on his quarterly calls or media interviews, I am absolutely amazed at the level of detail he absorbs and shares with the interviewer and audience. I always wonder if all CEO's have that much of a grasp on the working o…
The universe of streaming stocks all took a dive in sympathy. Once WBD (Warner Bros Discovery) settles from the AT&T spin off and today's slide, I'll be adding more. "Content is King", and I think they'll be significantly higher in a year as a …
@BaluBalu
My apologies...my comment was in reference to your link, and a statement made by Liz Ann Sonders in that "better or worse matters more than good or bad". My intention was to infer that her comment applies to politics as well as the stock …
"BaluBalu"
"when it comes to the relationship between economic data and the stock market, better or worse matters more than good or bad"
That's something to keep in mind for the stock market...as well as politics.
I finished up for the day, with 4 funds contributing to the positive... GSIHX, JEPI, UTG, SCHD. The big winners were individual dividend paying stocks...RPM +4.86%, ABBV +3.35%, AEP +3.14%, JNJ +2.6%, WPC +2.36%...etc. Looking at the list of positiv…
Per recent announcement, it looks like T is scheduled for a $0.2775 quarterly dividend, or 4.65% at current pricing. I'm also at a loss in my taxable account, but I'm not selling (yet) since I want the slug of Warner Bros. Discovery for my pain and…
Citigroup just upped its forecast to include multiple hikes totaling 150 basis points in 2022, plus a few more individual hikes in 2023. Seems like the Fed is going to get a grip on inflation, even if it kills us.
I'm somewhat happy just sitting …
@Crash
For a fund with similar composition, I use EVT...it's now selling at discount, maintains 80-85% equity holdings, has a good track record plus a 7.15% distribution.
I'm not personally familiar with this CEF, but one word of possible caution...with an average daily volume of 12,497 shares, if you ever wanted to enter a position, or more importantly exit a position, you might find yourself waiting a bit.
In addition to the inhumanity brought about by Putin upon the Ukrainian people, if the Ukrainian farmers aren't able to get into their fields to plant, there will be an additional humanitarian crisis 6 months from now as the availability of wheat dr…
Perhaps if prices rise sufficiently, lease and permit holders in the US might be encouraged to actually drill.
"Historically, the United States has been a net importer of petroleum. During 2020, COVID-19 mitigation efforts caused a drop in oil dem…
As was described in a set of conversations on Bloomberg, Russia has tremendous oil reserves and supplies a great deal of petroleum volumes to the European community. This is well known. What Russia does NOT contain is sufficient technology and resou…
There are several CEFs which are listed as Great Owls, such as BST, BUI, ETO...etc. Patience is a virtue with CEF's, but when purchased at a discount they have the ability to generate a substantial amount of income, along with solid capital gains.
@Derf ...cash is indeed a good holding right now in my opinion. I sold 2 positions today, both leveraged preferred holdings. There may be some good bones to pick through in the near future.
A bit in the minority, but I thought the interview was very informative...you came away with an understanding of her investment philosophy...letting her "talk her book" so to speak. Mind you, I wouldn't buy her book, but there was appropriate questi…
To quote a recent Tweet regarding crypto after the rash of Super Bowl ads..."One reason I still have trouble believing crypto currency is money, is that there aren’t commercials for money".
When that Ponzi scheme crashes, it will be one for the age…
I bought a few things during the last week in January that are up nicely, but now? Perhaps I'm in the minority, but there's a guy with lots of troops positioned right on the Ukraine border, and he makes me very nervous. I've read that there's some i…
It seemed like a good day to add to a basket of quality companies with SCHD. Also added to UTF on a pullback, currently at a discount with a 7.19% divi.
