he was unsure of himself today...said "I think" many times, said " it should" several times, in reference to his stimulus, the unemployment, etc The dollars strength, very strong after even a hint of taking away stimulus. Not sure how the dynamics of all this works as either any of you, since the man who created this monster has no idea either. Market will be cheaper, especially with a strong dollar.. ..Then again the market overreacted, but to an experiment that has never been tried before.
first, you can only spend paper money or credit so a company that produces more of it is best. You may like gold but in reality companies are real assets .. unless you think the world is going away.
not to mention their Kirkland brand.. extremely high quality. Sure COST stock trades at a premium but you get what you pay for.
bought a chunk the other day, was up but now I am down. I bought on S&P recommendation . 60 dollar target. Listed as stock of the week. But I see it as good in my own reasons as well. Aging freight cars, nat gas storage tanks, infrastructure products.
Sentiment: Strong Buy
Even as the stock market soars into record territory, real estate investment trusts (REITs) are shooting past it. U.S. REIT returns were more than three times those of the broader equity market in April, according to a new report from NAREIT, the REIT industry association. REITs have also outperformed the market in the first four months of this year.
"The REITs are direct beneficiaries of Ben Bernanke and his fellow global central bankers who are all following the same QE/currency debasement playbook," said Alexander Goldfarb, of Sandler O'Neill. "Investors continue to scramble for total return, and that pressure is pushing up prices and thus compressing yield. REITs offer earnings and dividend growth as well as inflation protection."
Institutional investors are especially drawn to REITs because they provide not just earnings growth, but strong dividend growth. REITs are required to distribute at least 90 percent of taxable income to shareholders in the form of dividends. Also, real estate is relatively inexpensive right now
i read a head and shoulders top forming in S&P. Who knows .. All I know is that some caution is warranted but that the bull is intact for now. Then again, it is a double edged sword because even if their is a pullback, it is always met head on with buying. So, if you can trade some of the swings you might have some luck. Two years ago people on this board were afraid to get in the market. I recall Sly Dude as being one. I admire much of his prudence but hope that he made some good selective purchases and didn't sell. This is the best overall market I have seen, ever, even with the mix of some dogs like CAT that I gambled on, which at this point, looks as though this foster child is here to stay.
NO!... he actually said it was going to be a fantastic buy, also said it was low risk as he compared it to the already lofty Conagra. said the buy on CAT was not quite yet but it seems like his bu call is just around the corner!
Caterpillar Incorporated Defense & Federal Products, Mossville, Ill., was awarded contract (SPE8EC-13-D-0008). The award is a fixed-price with economic-price-adjustment contract with a maximum $633,000,000 for material handling equipment. Locations of performance are Illinois, Pennsylvania, Belgium, Japan, Germany, and Texas with a March 21, 2018, performance completion date. Using military services are Army, Navy, Air Force, Marine Corps, and federal civilian agencies. Type of appropriation is fiscal 2013 through fiscal 2018 Defense Working Capital funds. The contracting activity is the Defense Logistics Agency Troop Support, Philadelphia, Pa.
yahoo boards are screwed up .. I added something after paraphrasing what you had said (above) and it was not published in the text .. just forget it .. really doesn't matter.Stay diversified.
looks like a bottoming here.. good entry point off this base bounce.