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LOOKS LIKE OIL READY TO MOVE UP. BUY NYCB. BUY LIMIT ON CLMT AT 24.90. BUYING AGILENT TECHNOLOGIES CORPORATES

November 1 2015

It looks like the oils are ready to move up.  If you want to take some risk, buy WPZ, OIH, EPD and ETP, or look at the Core Portfolio for energy bonds and other positions.  XLE is the oil ETF and could be another choice.  We are also looking to buy CLMT at lower prices.

For new readers, this Core Portfolio is a stay rich portfolio, NOT a get rich portfolio.  We own conservative positions that pay dividends that are  especially suited for retirees….. or for the conservative portion of younger folks portfolios.  For diversification we DO hold some leveraged (risky) positions which offer 8 and 12% (HDLV and MLPL)  HDLV own stocks like Verizon, ATT, Philip Morris, Duke and Southern Co.  Only the investor can determine whether they want to take on risk but in return get better yield.  .

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Hoorrayyy:  Just in time for its 50th anniversary, Star Trek is returning to the small screen.

Courtesy of investyourself.com

The attack on the Republican candidates on Wednesday night was ugly. The three bought and paid for media prostitutes managed to be so vulgar that the Republican National Committee Chairman; Mr, Preibus,  has sent a letter to NBC declaring that they are suspending the partnership with NBC for the debate in Houston scheduled in February.

Please take our ten second POLL 

GO TO Core Portfolio for current holdings:  All positions were purchased at specific prices and are on HOLD and should not be purchased now unless otherwise indicated.

Go here to see our suggested financial websites.

BUY NYCB UNDER $16.40.  Bank.

Placing a BUY limit order for CLMT at $24.90.  It may take several weeks to get to this lower price.  We will adjust buy prices dependent on the market action.  Pays 10%.  This is a refiner.

Agilent has high quality Corporate Bonds that mature in July 2023.  You can get around 3.75% which is very nice in this low interest environment.  Pay up to 101.  Corporates act like Treasuries in that you get your money back plus the dividends at maturity.  But are riskier since you are buying a single Company===not the US Treasury.  That is why you get higher yield.  You should plan on holding to maturity.

CUSIP  00846UAJ0

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Our exit from GFNSL last week was timely.  It has been tanking.  Bad news.  We are watching EMQ to buy IF, IF the price declines after they go ex-dividend.

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From streettalklive.com

Who-Is-Buying-102715

As you will notice the only “net buyers” of equities have been “individuals,” while “professional” firms have been “net sellers.” This is the epitome of the classic “smart money/dumb money” analysis where individuals are used by institutions to offload positions that are no longer optimal. 

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Several months back we became aware of this EXCELLENT financial site.  The provide a free weekly recap of the stock market using the ‘charts’.  We strongly recommend you view this IF you buy stocks and want to learn the nitty gritty of how a technician uses charts to understand the markets:

http://www.ciovaccocapital.com/wordpress/

Please take our ten second POLL 

GO TO Core Portfolio for current holdings:  All positions were purchased at specific prices and are on HOLD and should not be purchased now unless otherwise indicated.

Go here to see our suggested financial websites.

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This Prez election cycle is so much fun………………………………

WASHINGTON (AP) — Republican voters view Donald Trump as their strongest general election candidate, according to an Associated Press-GfK poll that highlights the sharp contrast between the party’s voters and its top professionals regarding the billionaire businessman’s ultimate political strength.

Seven in 10 Republican and Republican-leaning registered voters say Trump could win in November 2016 if he is nominated, and that’s the most who say so of any candidate. By comparison, 6 in 10 say the same for retired neurosurgeon Ben Carson, who, like Trump, has tapped into the powerful wave of antiestablishment anger defining the early phases of the 2016 contest.

“It’s the lifelong establishment politicians on both sides that rub me the wrong way,” said registered Republican Joe Selig, a 60-year-old carpenter from Vallejo, California. “I think Trump is more electable. He’s strong. We need strength these days.”

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Update:  China keeps lowering their interest rates, and Europe indicates they may do the same.  Can USA raise rates?  Doubtful.  Appears the stock market will continue upward despite all of the bad news and lousy economy.  Nobody expected that.  lol.

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Sell GFNSL right now.

We have owned this position in the Core Portfolio for over a year and have a very nice profit.  BUT it has been trending down for months, from a high of $26, and it appears this trend will continue.

We do not know what is going on here.  But we are technicians and the charts tell us what to do.  So we suggest you sell.

In this market environment we are being much more conservative than in the past.  We are more inclined to sell now and ask questions later.  If GFNSL turns around, we can buy it agian.

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