Bought RIG @ $132.04
Transocean Inc. (RIG: 133.0119 +1.86%) looks ready to make a run. Bought shares at $132.04 (10:37 ET).
Stop @ $128.
Transocean Inc. (RIG: 133.0119 +1.86%) looks ready to make a run. Bought shares at $132.04 (10:37 ET).
Stop @ $128.
Allow me to share with you my current “top-down” allocation—for the wealthy. In this market environment, with all the uncertainty….
Cash 25%
Fixed income 20%
Equities 40%
Alternatives [...]
Yields on bonds continue on a downward trend, as oil continues to fall as well.
The 2-yr note sits at just under 2.4%, while the 5-yr note closed at 3.07% and the 10-yr at 3.82%. The fact that the bump upwards in the CPI last week has had no negative impact on the Treasury market, indicates [...]
Part I: Avoid Diworsification
Part II:………….
In a March 26 article, the Wall Street Journal made reference to the past ten years as being the “lost decade”. This could not have been more true when you look at the S&P 500 Index. Investors who utilized passive index funds over that time frame have averaged 2.88% per year [...]
Sell it. It’s been going down, and will keep going down.
It’s interesting to note that people are still asking, “should I buy gold here, or wait?”. I’ve also heard, “I’m going to average down on my gold”….”Gold is a buy on this pullback”…The fact that gold has dropped over 20% from it’s highs, hasn’t phased [...]
I initially encountered the word “diworsification”, in Peter Lynch’s book, “One Up on Wall Street“. As you may surmise, this is a play on the word, “diversification”. Is it possible that you can be “too diversified” to the pont that your investment account is actually worse off? Let’s talk about this…
Diversification is standard verbage for [...]
We’ve all heard it before. “You Americans are out of touch with the rest of the world”. We’ve heard stories of how people overseas despise the “Ugly Americans”….and more recently, we had a group of Olympic French fags in speedos talking trash about how they were going to smoke our USA mens swim team in [...]
If you’re looking to buy a solid healthcare stock, look no further than Johnson & Johnson (JNJ: 70.71 -0.52%) , which closed yesterday at $71.20. It has been a rather boring stock of late, but as I highlighted in yesterday’s post, it is on the move and hitting new highs.
JNJ is a diversified healthcare company that [...]
Close to breaking out. Check it out.
AGCO Corporation (AG: 60.00 -1.77%) , forms a bullish triangle breakout at $59. Today, it reversed off a low of $53.52, the 50-day MA.
Hat tip to anjing bau on this one.
Johnson & Johnson Johnson & Johnson Johnson & Johnson (JNJ: 70.71 -0.52%) has broken out of a trading range from 62 - 69, and is headed higher. With the healthcare sector turning positive, I bought shares at $71.08 this morning.
The price objective is $91, with a stop loss at $63.