Potash Corp. of Saskatchewan Inc. (POT)

402.35
40.35 11.15
Prev Close 362.00
Open 402.35
Day Low/High 402.35 / 402.35
52 Wk Low/High 297.20 / 402.35
Volume 2.47K
Avg Volume 3.58M
Exchange n.a.
Shares Outstanding 840.16M
Market Cap 17.29B
EPS 0.40
Div & Yield 0.40 (2.00%)

You've Been Warned

We continue to have some subscribers in the Comments section as supporters of fertilizer stocks, such as Potash et al.   As you all know I respectfully disagree -- as a turn in pricing and profits seems distant.   Further, from a short-term consider...

Things That Are Breaking Down (Part Deux)

The global bond market, including taxable-bond plays like the iShares 20+ Year Treasury Bond ETF , non-taxables like the iShares S&P National AMT-Free Municipal Bond Fund  and high-yield securities like the iShares iBoxx U.S. Dollar High Yield Corpo...

Midday Report: American Airlines Falls on Weak August Traffic; U.S. Stocks Climb

Midday Report: American Airlines Falls on Weak August Traffic; U.S. Stocks Climb

Stocks climbed, though worries over how soon the Federal Reserve might hike interest rates kept markets wary.

Potash Shows Uneven Trading Pattern

Potash Shows Uneven Trading Pattern

Fertilizer company could be a takeover target.

Mosaic Is on Fertile Ground for a Rise

Mosaic Is on Fertile Ground for a Rise

Fertilizer merger talks have boosted MOS, and the stock has broken out of its range.

Closing Bell: Stocks Decline as Oil Prices Retreat; CF Industries Surges

Closing Bell: Stocks Decline as Oil Prices Retreat; CF Industries Surges

U.S. stocks ended Tuesday's session to the downside as oil prices declined and Wall Street factored in a near-term rate increase.

Best in Class But Still a Bargain? It's True

Best in Class But Still a Bargain? It's True

American Express and Potash are among such finds.

My Takeaways and Observations

I don't like this market one lick. Green eggs and stocks -- neither rocks. I further expanded my short exposure today. Viva la revolution!  In 1969 at the Woodstock Music Festival I was screaming "no rain." In 2016 I am chanting no rate rise this ye...

Midday Report: U.S. Stocks Slip on Oil Declines, Rate Hike Worries

Midday Report: U.S. Stocks Slip on Oil Declines, Rate Hike Worries

U.S. stocks remained in the red Tuesday, as oil prices slipped and Wall Street priced in an interest rate hike sooner rather than later.

Shark Bites: Aratana Therapeutics and Gigamon Are Fresh Additions

Shark Bites: Aratana Therapeutics and Gigamon Are Fresh Additions

The action in the indices is poor; I'll manage positions closely.

POT Prices Soar

Potash Corp. is up more than 12% as I write this amid rumors of a tie-up with rival fertilizer giant Agrium .

Why I Think Fertilizer Stocks Stink

Fertilizer stocks are rallying this morning after Barron's had an upbeat article over the weekend about industry player CF Industries . However, I would continue to avoid Potash Corp. and the rest of the sector for several reasons, including: Global...

Today's Takeaways and Observations

The Fed has no cred.  Here are the macro and micro challenges to both Dollar Tree and Dollar General . I took a sizable short market trade on the post-Yellen comments.  I initiated a Goldman Sachs  short and a Morgan Stanley short as well. Rang the ...

Just Say No to POT

I would continue to avoid Potash Corp. and all fertilizer firms following the warning issued today by German fertilizer giant K+S.

Subscriber Comment of the Week!

This week's Subscriber Comment of the Week is from my pal and all-around good guy, Badgolfer22. Georgia-based Mikey is a charter member of the First Annual Real Money Pro Conference and Golf Tournament that was inaugurated earlier this year in Palm ...

Today's Good, Bad and Ugly

"Two hundred thousand dollars is a lot of money. We're gonna have to earn it." --Blondie, "The Good, The Bad and The Ugly" Let's look at the good, the bad and the ugly (my new daily feature) so far in today's trading session: The Good Biotech is dan...

Today's Good, Bad and Ugly

"It's not a joke, it's a rope, Tuco. Now I want you to get up there and put your head in that noose. " --Blondie, "The Good, The Bad and The Ugly"  Strange references often jump off of the page as I write my diary and my mind wanders and free-associ...

Why I Quit POT

As I noted previously, Potash Corp.  yesterday reported in-line earning per share for the second quarter, but weak sales. It looks like the fertilizer cycle is bottoming out later than I had previously expected (just as I feared when I sold my POT s...

Just Say No to POT

Potash Corp. reported earnings this morning, meeting bottom-line expectations but coming up short on the top line and apparently lowering full-year guidance. (Click here to read my earnings preview from yesterday.) POT is attracting some interest at...

My Takeaways and Observations

Another strange day, with old relationships -- stocks (especially European bank stocks), bonds, precious metals, currencies and so forth -- breaking down and inconsequential in intraday or full-day action. To be honest, it's as if there is a "higher...

Previewing Potash

Potash will report tomorrow morning. Consensus is for earnings of 18 cents a share on sales of $1.1 billion. If realized, it will be a 65% drop in EPS and a year-over-year decline of 20% in revenues. The company on April 28 reduced full-year earning...

My Takeaways and Observations

An inside day in which past correlations (e.g., the direction of currencies, bond prices and crude) have little bearing on equities as a liquidity-inspired rally based on There Is No Alternative, or T.I.N.A. (which is B.S.), is perceived to be the c...

My Takeaways and Observations

My 3 a.m. project this morning: I am not banking on banks. Today's stock performance could be a tad disquieting to bank bulls, though not conclusive (it's only one day!). Citigroup (C) and Bank of America (BAC) were barely higher on the day. To me, ...

It's Patient Capital's Time to Prosper

Brexit has caused active investors to flee and created an opportunity for those who are patient.

My Takeaways and Observations

I started the day with a two-part opening missive that took a while to write this morning, "The Big Chill." It's here and here. Friday and Monday represented the worst two-day drop in the senior averages since last August. I guess it's clear, with t...

My Takeaways and Observations

"Takeaways" will be shorter than usual as I am trading actively in the after-hours market now. Some interesting charts. Brexit.  Brexit and the media.  Peak Housing?  Fertilizers bounce.  Markets closed on their highs. The U.S. dollar weakened. Oil ...

Takeaways and Observations

My thanks to James Gentile for substituting for me yesterday. Here are my takeaways and observations from yesterday's session: It was Groundhog Day on Wall Street again. We finished down, but well off of the session lows. I did no trading. The U.S. ...

Trader's Daily Notebook: Where Are We Headed?

Trader's Daily Notebook: Where Are We Headed?

Path of least resistance is pointing up, if conditions are right.

My Takeaways and Observations

Our markets have gone to the central bankers, dogs, bulls, machines and algos. From my perch the irrational has been rationalized,setting the stage for a meaningful drop in the averages -- a condition that few feel possible, ergo the Bull Market in ...

My Takeaways and Observations

Buyers live higher, sellers live lower. Markets are still Fed-centric and governed by the last lean by Yellen. Ali Ali Ali!  Here's a very good column from El Capitan.   Apple (AAPL) is Crapple (Part Deux)  Fastenal (FAST) is always a good proxy for...