1/4 In $UTX @118.39

  Yesterday I started a new position in NYSE: UTX, United Technologies Corp. I am adding UTX to increase my position in the Aerospace and Defense industry. UTX is in takeover talks with Rockwell Collins NYSE: COL. The stock has taken a hit on the rumors of this potential takeover. Here are some reasons why: … [Read more…]

Bullish On US Oil and APA

Today I am upping my investments to 7% in the Energy Sector. I have chosen Apache Corp NYSE:APA as a first time purchase to my portfolio for 2 reasons: 1. I believe the price of a barrel  of oil has bottomed 2. The US will become energy independent and APA will be a beneficiary. A … [Read more…]

XLF off by 18% but not really

From the look of the chart XLF appears to be falling off a cliff, actually it’s not. It’s all due to the 11th sector: Real Estate, being born from the Financials Sector. XLF will be shedding its current real estate holdings in the form of a special dividend, which will be paid to XLF shareholders … [Read more…]

Now there are 11 and it’s Real

According to the Schwab Newsroom dated today, beginning September 1, there will be a new sector added to the major classification system. The current GICS started in 1999 as published byt the S&P.  There are 10 (or were 10 if you are reading this after Sept 1) classifications: Consumer Discretionary; Consumer Staples; Energy; Financials; Health Care; … [Read more…]

Oil at 1950’s Prices

Chart of the day, Oil in the mid 20’s, the same price as the 1950’s. Some speculate that oil may fall as low as $18. If and when that happens we will have reached an investible bottom in Energy investments. My top energy holdings are CVX, VLO, OXY, KMI, EPD. Only VLO has outperformed the … [Read more…]