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DOLLAR UP. ENERGY DOWN.

May 28, 2015 

Update Friday:  But our corrupt lying government says everything is great lolol:

WASHINGTON (MarketWatch) — The economy contracted in the first quarter for the second straight year, a disappointing start that could foil the chance of the U.S. reaching 3% growth in 2015 for the first time in a decade.

Gross domestic product — the value of everything a nation produces — shrank by 0.7% annual rate from January to March, the Commerce Department said Friday. Last month the government originally had reported a tepid 0.2% increase in GDP.

(Update)  We are long term investors and plan on holding positions for 5-10 years.  We do not allow daily movements to affect buying or selling decisions.

But right now, we are probably looking at a significant correction…and may take a month to resolve.

Significant declines are typically buying opportunities.  We suggest holding all positions that are listed in the Core Portfolio and buying the gas and toll taker positions as they head lower.  We are also looking at PG and T for long term buys.

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The US Dollar is heading up which is driving down the price of our gas/toll taker holdings. There are stories floating around that the US is trying to hurt ISIS and Russia with low oil prices.  We have no idea if this is true, altho it sounds believable.  The dollar is probably going to go higher, and then start trending down.  The point is to hold onto the gas/pipeline positions listed in the Core Portfolio and collect the dividends……even tho the dollar will trend up and down affecting energy prices. Image result for oil prices up and down

IF you do not own infrastructure/toll takers now, this is the time to buy or add to current holdings. Some suggestions include MLPL and PAA.  PAA is a bargain UNDER $46.00 and it may get down there again from the current price of $47.39.  Go here to see the Core Portfolio.  Both are suitable for the IRA.

Other than the energy patch, we are evaluating a lot of positions that we want to buy.  But this market suxx and it appears a pullback may be in the works……which would give us an opportunity to buy at lower prices.  We “always want to buy when stuff is on sale”.

Proctor and Gamble is a huge whale of a Company that everyone in the world knows.  PG is now involved in a major overhaul which includes selling low margin brands.  We may open up a new Core Portfolio category called “Vegas Whales” and buy a little PG.  Pays 3.5%….not huge but you could see price appreciation.  Another huge potential ‘whale’ is ATT (T) paying a nice 5.3%. (http://casinowhale.net/)

We are not buying the above two positions right now while we wait for potentially lower prices and the best signals from our charts.

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Carly is getting good press.  I predict she will be the Republican Nominee:

CARLY FIORINA, the former CEO of Hewlett Packard who has an 0-1 record running for elective office, is running for President of the United States as a non-politician.

“Our founders never intended for us to have a professional political class,” she said in her campaign announcement video. In interviews and speeches, she criticizes “professional politicians,” as she did during her Politics & Eggs speech in Bedford in February.

But “professional politician” rivals who underestimate this newbie do so at their own peril. She is extremely good at the presidential candidate thing.

In a sit-down interview on Tuesday, Fiorina was impressive even by the standards of Union Leader editorial interviews. Most candidates, seasoned or not, struggle to stay on message. The temptation to stray, to elaborate, to explain is too great. To overcome the impulse, they memorize talking points, after which they sound robotic… then they stray. – See more at: http://www.unionleader.com/article/20150528/LOCALVOICES03/150529233#sthash.UcLhdyGF.dpuf

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And this dodo bird is the head of the Fed???

Chair Janet L. Yellen

At the Providence Chamber of Commerce, Providence, Rhode Island

May 22, 2015

“Of course, the outlook for the economy, as always, is highly uncertain. I am describing the outlook that I see as most likely, but based on many years of making economic projections, I can assure you that any specific projection I write down will turn out to be wrong, perhaps markedly so. For many reasons, output and job growth over the next few years could prove to be stronger, and inflation higher, than I expect; correspondingly, employment could grow more slowly, and inflation could remain undesirably low.”

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QUIET DAY AFTER FED BURPS. BUY OR ADD TO PAA—IN IRA ACCOUNT

May 21, 2015

(Image result for ALERTALERT……………PAA, a position in the Core Portfolio, had a small oil spill.  Altho very regrettable, this is a MAJOR BUY signal for investors that want to get into the energy segment.  You buy when stuff is on sale.  BUY or ADD to your current position:  BUY at $46.00 or at any price close to $46.  Let me repeat, this is a good opportunity.)

The Fed dopes told us yesterday that they are not raising rates.  The dollar is down today, and so our oil positions are up…..hooray.  The market today is quiet.  Hold all positions as listed in the Core Portfolio.  If you did not buy PONDX when we talked about it recently, please read the discussion below.

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I saw an interesting article on http://www.seekingalpha.com discussing retirement investing, and this paragraph describes two bond funds which we already own and recommend:

Instead of passive indexes, I prefer holding core positions in actively managed bond funds such as the PIMCO Income Fund (MUTF:PONDX) or SPDR DoubleLine Total Return Tactical ETF (NYSEARCA:TOTL). Both funds offer a risk-managed approach with veteran management teams that have the flexibility to shift their sector, duration, credit, and interest rate exposure as needed. This can reduce overall volatility and produce superior yields than many funds with heavy treasury or investment grade corporate bond exposure.

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http://streettalklive.com/

Street Talk by Lance Roberts is by far one of the best financial sites that I have seen.  Unfortunately I have only recently discovered this valuable information source.

First of all this is not a stock picking site.

STT_Web_Logo-6-1.png

They DO provide analysis of numerous topics including interest rates, unemployment rates…….the list goes on and on.  Lance also writes a daily blog which is worth reading.  The site is really good for financial wonks like myself who want to understand everything that is affecting the financial markets.  I strongly suggest you look at the site and see if it’s valuable to you.

From StreetTalk.com:

The reality is that there has been very little recovery in housing. With six years of economic recovery now in the rear view mirror, it is clear that the average American is not recovering as evidenced by the lowest level of home ownership since 1980.

Housing-HomeOwnership-052015

At 63.7%, the current level of home ownership shows the lack of “true” household formation which is a detraction from longer-term economic growth. The weak rate of growth and widening wealth gap certainly explain the fall in homeownership rates and the lowest level of birthrates on record.

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BUY PONDX IN IRA. SHORT DURATION BOND FUND.

May 19, 2015  Well kids today we are adding a bond fund in the IRA account.

PONDX, PIMCO Income Fund, is a very short duration multisector bond fund which is good during a rising rates environment.  If rates go up, if ever, you will see a very small negative change in the price.  (You do NOT WANT to own long term bond funds right now and if you own those, I suggest you sell them.)

PONDX is at $12.47.  You could go up to 10% of the portfolio.  Morningstar gives this fund five stars.

Image result for pimco income fund

Here is some descriptive copy for PONDX: 

Targets high, consistent income

Designed for investors who need steady income, the fund takes a broad-based approach to investing in income-generating bonds. It employs our vast analytical capabilities and sector expertise to help temper the risks of income investing.

Why Invest In This Fund
Pursues income across global fixed income sectors

The global economic landscape is constantly changing, causing different bond sectors to go in and out of favor. The fund’s multi-sector approach allows it to seek out the best income-generating ideas in any market climate, targeting multiple sources of income from a global opportunity set.

Total return approach to maximizing income potential

While maximizing current income is its primary goal, the fund also seeks long-term capital appreciation and attractive risk-adjusted returns. This means that while the fund is going to seek out the highest possible income for investors, it aims to not sacrifice quality or principal.

Ability to be opportunistic

The fund can tactically shift portfolio weightings, moving to wherever we believe attractive yields can be generated in this increasingly complex and volatile investment environment. This flexibility helps the fund to nimbly capture opportunities as economic and market conditions change.

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Movies.  Mad Max.  The ‘enemy’ chases a tanker across the desert with two hours of shooting and bombing.  How stupid.  Hours of gun fire and blowing things up gets really tired.  Probably good for the younger male you likes video games.  It’s ok if you like this sort of thing, otherwise stay away.

cartoon051915

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SELL LIMIT ORDER ON CLA. SELL AMYGF.

May 18, 2015 The momentum on CLA, a holding in the Core Portfolio, is DOWN.  Financial results are weak.  We are placing a Sell Limit Order at $25.43.  We have a profit and want to get out IF CLA continues to drop. Image result for online gambling We are finally showing a profit on AMYGF our gambling holding in the Core Portfolio.  This dog has done nothing since we bought it, except go down and then up.  There was some legal issue, and now the idiots in Congress are trying to ban online gambling.  So today there is no action in AMYGF.  We are watching and will sell at $27.00 or above.

I expected a nice gain here, but it just ain’t happening.  There are too many headwinds.  Get out sooner rather than later.

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GGN is our gold position in the Core Portfolio.  HOLD GGN as gold is going higher this Fall.  Buy if you do not own.  Pays a high dividend.

BKLN and PFLT  Floating rate positions.  BUY or ADD to current positions. Try to get BKLN at $24.08.

HDLV is paying 8% and you should own.  It owns quality dividend paying stocks. The index is designed to measure the performance of 40 dividend yielding, relatively lower volatility Index Constituent Securities from the universe of the largest 1,000 U.S. listed stocks by market capitalization.

We are AVOIDING REITS, utilities and annuities.

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Regular readers know that we are appalled and shocked at the fake and manipulated jobs numbers that are spit out by the Government.  They are pulling rabbits out of the hat to make this economy look great.  I strongly suggest you read the following from http://www.personalliberty.com Second, while the headline screamed about 223,000 new jobs created, it never mentioned that last month’s jobs figure was revised downward by more than 30 percent. Yes, I said 30 percent from 126,000 new jobs to 85,000. If the media were doing their job, they’d ask why anyone should believe this month’s figure. Why should we not assume a 30 percent downward revision next month? If so, 220,000 jobs would be revised down to only 160,000 — a disaster that you can count on being reported on page 96 in the back of the newspaper (where no one ever reads). The third lie is the mother of all fraud. How did the government arrive at that figure of 223,000 new jobs created? It was composed of 252,000 full-time jobs lost and 437,000 part-time jobs gained. Did you know that? Of course not. Because the media never reported it. Tell me what’s good news about 252,000 full-time jobs being eliminated, while they are replaced by 440,000 horrible low-wage, part-time jobs (the kind that cannot feed a traditional family without food stamps)? By the way, those 252,000 full-time jobs lost were the biggest drop in full-time jobs in a year. How is this reported as “good news?” How is this reported as proof of a “recovery?” Why aren’t the media reporting we have an economic disaster on our hands? Why isn’t it the story of the year that the prospects of getting a full-time job have declined dramatically from one year ago? Also, why is there no investigation by the mainstream media about why we are so quickly transforming into a low-wage, part-time economy? Isn’t that the perfect cover for Time magazine? But I haven’t seen it, have you? Why? Because the media is afraid of the obvious answer: Obamacare. I’ve seen no headlines reporting on the results of Federal Reserve Bank surveys in Philadelphia, New York and Atlanta all finding that in response to Obamacare, few — if any — full-time jobs are being created, part-time jobs are the norm, and higher costs for health insurance are being passed on to employees.

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Funny Quote:  The stock market in general has often been described as the world’s largest unregulated casino.

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GOING NOWHERE FAST

Thursday May 14, 2015

Ten weeks ago, the S&P (SPY) closed at almost the exact price that we are at TODAY.  Can you believe that.  We have been stuck in this trading range for almost two and half months.

Talk about going nowhere fast.

Image result for going nowhere fast

The stock traders who rely on market volatility are probably none too pleased.  In contrast, as a dividend investor I like to see stable pricing while the dividends keep rolling in.

In other news:

This week I requested a review copy of one of the highest rated financial letters which specializes in stocks.  Can you believe with all the work they put into selecting and buying stocks and include all the trading fees, they did WORSE that just buying the cheap plain vanilla SPY ETF ……this is over the last TEN YEAR period.  You just can’t make up this crap.  Yes there are advisors out there that beat the markets, but they are rare.  Go here if you want some recommendations..

Back to the portfolio:

In contrast to stock trading, dividend investors like us are NOT necessarily trying to beat the stock market.  In fact we more than likely cannot.  We ARE looking for stable conservative investments that return a nice yield, usually in the 6-8% range overall…..and we do NOT want to get involved in risky stock trading.  (If you are younger and can take more risk buy SPY the top 500 Companies …..and hold it—and you can buy our dividend picks for the conservative portion of the portfolio.)

We are looking at new positions for possible addition to the Core Portfolio next week.  In the meantime:

BUY MLPL.  May be the best holding this year for yield.  11% yield.

BUY FMO.  A more conservative play on energy vs MLPL.  FOR IRA Account.

BUY OKE.  Dropped on bad news but you can buy on the Cheap Now….this is a long term investment.  (There are acquisition rumors which would drive the price higher.)

BUY NTG.  Buy or ADD to your position.  For your IRA Account.

DLTNX.  ADD to your position, or buy for first time.

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Oh boo-hoo a sad day for those ultra liberal creeps at MSNBC:

Not only did The Ed Show hit a new low of 30K viewers in the 25-54 demo on Wednesday, but MSNBC had its lowest total day ratings in close to 10 years with 49K average viewers in the demo over the course of the day. The last time MSNBC saw demo ratings this low was on July 20, 2005 when it had 45K in total day.

In primetime, MSNBC also came in third place with just 76K in the demo compared to 337K for Fox News and 196K for CNN.

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BUY NEW POSITION PAYING ALMOST 10%. HRZN. (Update Buy VNR Corporate)

May 5, 2015

(Update Tuesday May 12:  The ten year interest rate is still going up and today we have 2.32 which is bad news for stocks.  If this continues you should not be shocked to see a 5-10% pullback in the averages.  We not are not making any changes in the Core Portfolio as we are not stock traders but we can expect to see declines in our holdings…..IF we see broad market declines.  The market needs some sort of stimulus to kick it UP.  Many advisors think that we may see another round of QE this Fall.)

(Monday Update:  Everyone is watching the bond yield ie 10 Year Treasury.  It is moving up which is NOT good for many of our positions.  All you can do is watch and wait:  hold all positions.)

Seventy-three percent of economists surveyed by Bloomberg now expect the Fed’s
first rate hike to come in September, up from 37% in March (when
most expected a June or July hike). It’s also increasingly likely that the
first rate hike will be pushed off to next year,

(Saturday Update:  Vanguard Natural Resources, LLC is offering Corporate Bonds with a couon of 7.87%.  Matures April 2020.  The Cusip is: 92205CAA1.  BUY if you can afford the $1000/bond. )

(Friday Update:  Our OKE position in the Core Portfolio is getting hit hard.  We know the oil/gas positions may have a rough ride thru 2015 and expect some turmoil.  Hold, do not sell.  If you did not buy OKE this would be a good entry point.)

(Wednesday Update:  Wow a tough day due to rising interest rates.  No worry, hold on to all positions..Don’t be shocked if they do yet another QE program to get rates back down.)

(Wednesday Update:  The dollar has been dropping which can indicate a slowing economy.  And the 10 Year Treasury has been rising.  So, the markets are getting hit.  Hold all positions.  Definitely hold our GGN gold position.  Stay out of utilities and REITS.)

Well boys and girls we are buying another position today. Horizon Technology Finance (HRZN) fits into the category of Business Development Company.  It lends to and invests in development-stage companies in the technology, life sciences, healthcare information and clean-tech industries. And you will like this.  As of today HRZN is paying 9.68%.  The technicals look very good.  I suggest buying a small amount and we may add after the next ex-dividend date.  The price today is $14.25.

Image result for horizon technology finance

Here is some copy from http://www.yahoo.com. and their website: http://www.horizontechnologyfinancecorp.com/

Horizon Technology Finance Corporation, a specialty finance company, lends to and invests in development-stage companies in the United States. It focuses on making secured debt investments to venture capital backed companies in the technology, life science, healthcare information and services, and cleantech industries. The company was founded in 2008 and is headquartered in Farmington, Connecticut.

Stench of Corruption

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