October was an overall bad month for stocks and stock picking. While the Base Stock picks outperformed all thee stock indexes (S & P 500, DOW, NASDAQ), the weekly stock picks did not. Even though the base stock picks outperformed, I am selling USCR and adding FTEC to the base stock portfolio. Access the October… Continue reading October 2017 Stock Pick Performance
November 2017 Stock State
November 15 update: We keep doing what works until it doesn’t. Be careful about buying on small dips while assuming that tomorrow the market will upon on the upside. This may quit working with tomorrow becoming another down day. This is characteristic of a stock market that rolls-over into a larger correction . . .… Continue reading November 2017 Stock State
Weekly Stock Picks for November 2017
Week 1 (Nov. 1 – 10): Goldilocks global economy and the three bears are no where in site. Consider SQ, INTC, MMM, GRUB, MB, SAFM, ASIX, LAZ, and CRL for growth. Some of these like MMM, and LAZ also pay dividends that offer more growth. Keep cash on hand for any corrections, or for buying… Continue reading Weekly Stock Picks for November 2017
Some Thoughts on Modern Day Democracy
I’ll start with the premise that most people, including those with resources in the markets, do not want or need overregulation. Social progressivity is therefore are desirable agenda. So too is classical liberalism in which there are free markets and limited government. With regard to economics, the limited government only addresses resource misallocation caused by… Continue reading Some Thoughts on Modern Day Democracy
October 2017 Stock State
September 6 update: Investors can probably ignore this. Trades pay attention. High rates of growth, the higher the worse, combined with complacent or Pollyanna investors along with stock analysts that give in to assuming an unrelenting upward trending stocks is a circumstance that inevitably leads to a correction. Listen to Cramer (Mad Money). He has… Continue reading October 2017 Stock State
September 2017 Stock Pick Performance
September was another challenging month. So many fear October that sellers tend to dominate the month and finding stocks that might make gains is more challenging. The Base stock portfolio beat the NASDAQ and performed nearly as well as the DOW and S & P 500. The best performer was the regional banks (KRE). Shopify… Continue reading September 2017 Stock Pick Performance
October 2017 Stocks of the Week
Warren Buffet thinks that the low-interest environment creates a situation in which stocks are NOT overvalued and that there are good buying opportunities out there. Also, the general consensus is that there are more positives than negatives that might affect the stock market in the near term. That said, some analysts continue to stress the… Continue reading October 2017 Stocks of the Week
September 2017 Stock State
September 8 update: Earnings are strong as are profits and the underlying economy. Yet there are potential problems with which we must consider. First, it is September. Typically, stocks do well up to about the middle of September and then tend to sell off such that the month ends in the red. Some technical analysts… Continue reading September 2017 Stock State
August 2017 Stock Pick Performance
The base stock portfolio and the weekly stock picks for August 2017 managed to beat all the major stock indexes (S & P 500, NASDAQ, Dow). That said, it was a difficult month for stock picks. The base portfolio had one change in that USCR took the place of ALK. The following link has the… Continue reading August 2017 Stock Pick Performance
September 2017 Weekly Stock Picks
Week 1 (9/5 – 9/8): September is generally a worse month for stocks than August, which wasn’t very good. Still, stock indexes finished August at nearly their break-even points. Adjust your expectations for September to include a greater risk for profit taking and a market correction, and for stocks to finish the month lower. This… Continue reading September 2017 Weekly Stock Picks