|Day Low/High||33.30 / 33.79|
|52 Wk Low/High||31.60 / 44.95|
A handful of standouts among the dozen stocks that make up the Tax-Loss Selling Recovery Portfolio pushed the group higher over the last month.
Kraft Heinz has moved higher recently and is now trading above the G3 secondary pricing.
RMPIA is up 20.9% in the first nine months of 2019.
Though, in general, downside risk may dwarf upside reward, given the uncertainty of outcomes (for now) I really like the idea of having a long portfolio of stocks, with an intermediate term time frame, hedged with out of the money and puts ("I got g...
Dozens of beaten-up stocks could see tax-loss selling into the end of the year; here's a preview of some that could make up the next Tax Loss Selling Portfolio.
* Only three of eleven S&P sectors are viewed as attractive * I am in a risk off state of mind. Back in 2015 I instituted a new regular feature called "Sectors," in which I periodically offered my short-term (6-12 months) price outlook for each of t...
I just made the first trades of the day: * I added to my short at $140.94. (TLT is up by nearly +$5/share in the last few trading days). * I added to my Kraft Heinz long at $28.18. (As I wrote, 3G's sales of a small portion -- 25 million shares -- ...
The Saudi Aramco and WeWork deals are postponed, thankfully, but there is another bad trend emerging that's worth watching.
A liquidity window opened, triggering the sale of about 25 million shares (at $28.44) of Kraft Heinz by some 3G Capital investors. (This was not a unique case as 3G investors had previously sold some stock around $59/share last year). It should be n...
I am still seeing large buyers of Kraft Heinz on several institutional desks.
Over the last week to 10 days I have seen large and steady buyers of Kraft Heinz . The shares continue to look like they are "under accumulation."
Credit Suisse on Kraft Heinz : Kraft Heinz's new CEO Miguel Patricio hosted a meeting today with sell-side research analysts to hear their perspective and provide some more color on his approach for developing a multi-year turnaround plan for the co...
Gains in Amgen, CVS, and others helped offset declines in other stocks, as the RMPIA rose over the last two months to 0.6%, handily beating all the major domestic stock market averages.
* "Everyone" has them Over the last few days I have been working on three problem children -- Macy's , Kraft Heinz and Canopy Growth . Though I have still not completed my analysis (all three companies face substantive competitive and business chall...
bounces +$8 off of its daily low and digests its poor earnings report. I will be doing work on both companies as well as continuing my research over the weekend.
Moved to large Kraft Heinz and Canopy Growth Corp this afternoon.
I am now out of my and short rentals on the woosh lower this morning (SPY, $287.55 and QQQ, $184.85). I am now market neutral in exposure reflecting my view that we have 150 points of downside risk and about 75 points of upside reward in the S&P. Th...
"Dougie, you are a glutton for punishment." - Grandma Koufax I am about one third through my Kraft Heinz analysis (I will be done next week). Based on the output thus far I am picking at the stock under $27/share. More next week.
Plus, Friday morning's headlines are a little less rosy than the ones of the day before.
I don't want there to be any ambiguity about the size of my positions or about my buy and short levels as I strive for as much transparency as possible. "When the time comes to buy, you won't want to." --Walter Deemer "When the time comes to sell, y...
In July, the RMPIA climbed 0.6%, bringing its year-to-date return to just over 21%.
Berkshire is so large and diversified that its prospects are tied to the economy as a whole, with the added benefit of being a defensive play in case of a market downturn.
's technical position is improving - reminding me of Campbell Soup before it made a +$8 to +$10 move a few months ago.
Preventing the U.S. dollar from appreciating too aggressively while repairing credit conditions are 'job freaking one'.
The problem is that the Fed's mission has moved beyond their mandate.
Let's review the performance of all three tranches released in December 2018.
There are a number of RMPIA companies that will be beneficiaries of Back to School and holiday spending.