Archive | May 2015

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EXG BUY OR ADD TO YOUR CURRENT POSITIONS

June 1, 2015  We have held Eaton Vance Tax-Managed Global Diversified Equity Income Fund EXG in the Core Portfolio for a long time.  (could they make the fund name any longer!!!) This closed-end fund uses a buy/write strategy to sell covered calls against a strong stock portfolio. So you are asking what the hell are […]

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 […]

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 […]

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

May 21, 2015 (ALERT……………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 […]

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 […]

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. We are finally showing a profit on AMYGF our gambling holding in the […]

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. The stock traders who rely on market volatility are probably none […]