At 9:41 I bought more $AAPL at $100/share and on Friday at 2:46 pm I started a new position in $DIS at $99/share. Stocks are going on sale. With 10%, 20% even 30% discounts there are some good opportunities out there.
In my recent post, “Three $100 Buys on a Pullback” I suggested buying Disney (DIS) on a pullback to $100. However with the huge drop in price today (nearly 6%), I lowered my strike price to $99. Disney did cross under in late trading but is now hovering around the $100 mark. Adding DIS to … [Read more…]
Owning any of these three investments on a pullback to $100 would be great additions to my Beaglefolio. APPL – Apple Computer (full disclosure: I own APPL shares) DIS – Disney GLD – SPDR Gold Shares (ETF) APPL – Weighing another Apple buy, currently trading at $114.88, an 11% pullback to $100 is not likely, … [Read more…]
As a contrarian investor, I look for good entry points on my investments and gold is starting to look good. While everyone is selling gold I’m looking to buy my first lot of GLD, the gold ETF, if and when it hits $100. Chart: One year of GLD (Gold EFT) Can it go lower, surely … [Read more…]
Today Former Fed Chairman Ben Bernanke started a blog here: http://www.brookings.edu/blogs/ben-bernanke. Why now? Here is an excerpt from Chairman Bernake’s blog explaining why: On January 31, 2014, I left the chairmanship of the Fed in the capable hands of Janet Yellen. Now that I’m a civilian again, I can once more comment on economic and financial issues … [Read more…]
McDonald’s stock has been suffering. One reason MCD is suffering is that people question the quality of McDonald’s food such as ‘are there beaks and feet in Chicken McNuggets?’ To answer that question and others McDonald’s shares it’s food production techniques in several videos. In these videos MCD answers a questions concerning the quality and content … [Read more…]
In 1973 OPEC had an oil embargo on the US which rose to sharply higher prices. Today the lower US Dollar coupled with rising supply from nontraditional sources such as fracking and oil sands has led to a temporary glut in the market. Supply and Demand Adjustment Period With oil on sale consumers are going … [Read more…]
Lesson: I don’t know how anyone can trust financials from any company based in China.
“As our predominately franchised business model continues to generate significant levels of cash, our priorities regarding the use of cash have not changed. After investing in our business, we’re committed to returning all free cash flow to shareholders over the long term, first through dividend and then through share repurchases. For the second quarter, we returned $1.2 billion to shareholders through a combination of dividends and share repurchases.” – McDonalds President Thompson
The NASDAQ Stock Market (Nasdaq:NDAQ) announced that Deer Consumer Products, Inc. (DEER), which has been subject to a trading halt since August 13, 2012, will be suspended from the NASDAQ Stock Market effective January 11, 2013. As a result of the suspension, Deer Consumer Products may be eligible to resume trading in the over the … [Read more…]