|Day Low/High||14.97 / 16.14|
|52 Wk Low/High||8.52 / 47.58|
Over the last week I have been openly critical of the value of unusual call activity. Recent "unusuals" Microsoft and Occidental Petroleum are more examples of the strategy's value destruction. But that is but the top of the iceberg of directional...
I see the demand side getting stronger. But it's the supply side that's got me dubious.
I don't care for Washington but I have no choice. If I only stick to stocks, I would have buried you.
People continually want to buy these names because they are cheap. But are they really?
I have been telling you for weeks to raise cash -- we even sold a portion of every tech stock my charitable trust owns -- and here's why.
It may just be a matter of time before the green chokes on the pestilence and the stock market stars don't even matter.
A big cap dividend producer, a company with the best assets, two larger growth companies, and my favorite, Parsley Energy.
Don't just follow the herd, time your exits and entrances well -- even if it is a big player like Warren Buffett that is leading the charge.
While there will be bumps, thuds and even some damage, 2020 will by no means bring about an end to dividend investing.
The seeds of this government takeover of markets were planted more than a decade ago.
This is a big selling opportunity in the European oil majors.
I sold Occidental Petroleum (trading rental) for a small loss on Tuesday, based on my analysis that the recent and continued drop in the price of energy prices has made the company more vulnerable for the need of another dilutive refinancing (which ...
As we face an unprecedented decline in demand, now we must determine which companies can support their dividends, and stave off crushing cash woes.
Until then, all should take prudent actions and try to stay calm while so many seem to be losing their heads.
If cruise lines and restaurants and retailers and airlines and oils are in trouble, so are their bankers.
The U.S. energy sector is the heart and soul of the U.S. economy. The next few weeks will be critical.
You can use these wild market swings to your advantage by identifying 'safe' companies you want to own and then buying their stocks in stages.
I like the market action, as well as the mounting fear associated with yesterday's market schmeissing, and increased my long exposure on the dip. I initiated a trading rental in Occidental Petroleum on the dividend reduction.
The oil company has been in a sustained downtrend and the latest news from the oil patch will not help.
So what do you do if you own these stocks?
This is the time to high grade your portfolio, take some losses and move to better stocks.