Seems like high time we had a good storm to stir things up in the Gulf (with apologies to those of you who lived thru Katrina and others). Now oil companies finally have a good excuse to raise oil prices! Now maybe I can close out some of my energy-related picks with positive CAPS scores before the FED manipulates the market again to bring oil back down so the market can go up. (I call this the yo-yo theory.) [more]
Who is the best shipping company for a real-life long position? [more]
Back in the late 90s we had the emergence of the Internet, and the bubble that burst after the Y2K scare that never was. Then we had the credit crisis, yada yada. Now we have "peak oil" and the commodities "bubble" (or not). [more]
Whatever the market is doing today - I suggest that investors do the opposite. Yes, I'm losing CAPS points, but my investment thesis remains unchanged. Long on energy, metals, and tech - and short on home-builders (MTH), retail (OSTK), and airlines (LCC). Even if it does hurt a bit!
And keeping cash on hand for future buying opportunities...
These are a few of my favorite things (stocks)...
Just a little post-it note for my to-do list. Comments welcome but not expected.
The winner of the "Christmas in July" contest, is a "member" with no active picks. All of his contest picks were banks or financial stocks. All of his picks were started on July 15. The contest ended Aug. 1. [more]