If you don't understand the company's fundamental businesses, take a look at their website, maybe look at Invsetor Relations. IF you don't understand why the price goes up & down, take a look at one of the various yahoo graph combinations, where you look at UTX and other stocks and indexes. Try DJIA, S&P500, GE & 3M for a look. The market DOES go up and it does go down. IF you can't understand any of this, I'd advise you to put your money in the bank.
As my accountant always says: The bigger your tax bill, the better off you are (as long as you've got the money to pay that bill). Sure, we try to minimize the total bite, but I'd far rather be paying on twice as much income! Happy New Year to all.
Up - Down - Sideways .. there is ALWAYS MOTION in the market. As a longer term investor I'll hold on. Someone else posted a Put / Call strategy that could work if one were inclined.
I still think we'll be seeing $120 before the end of June. As Kid would ask, "are you ready to wager a case of Busch heavy?"
From what I understand the current Presidential Budget is DOA on the Hill. The last budget-debt ceiling compromise set the spending levels for the next two years, so baring a major shift, we won't see much in the way of changes. The President is REQUIRED by law to submit a budget proposal every year; he's done so. The Congress is free to ignore that proposal if they choose to do so.
I would not bank on any immediate impact plus or minus, on Sik or UTX.
OK, a new intra-day high today, $114 & change. Up a buck, down a bit less than a buck, up a buck and down a bit less .... keep this up and there will still be price appreciation in UTX. I'm OK with slower growth this year, as compared to last, as long as we are still seeing the growth.
OK, KID, you nailed this one. 2013 was a very good year (key Sinatra singing "it was a very good year" softly in the background.
Certainly as the money supply tightens, the market will respond; I tend to agree it will not continue to grow 25% per year or more. Will it drop at the same rate it went up recently? I'd LIKE to think not, there are still fundamentals indicating that stocks are decent investments. IF we see further correction this week, I'll move more money from fixed incomes to equities (GE in the low $20s is a great buy, by the way, decent yield and long term growth; UTX is too, but lower yield at these prices). I won't be surprised by a good deal of horizontal movement this year.
Kid, I tend to agree with the IMF folks. Without the QE stimulus (especially given the intransigence in the GOP) we might all be in bread lines today. I share Biker's (and others') concern that there is no long term free lunch.
I've long been a proponent of demographics being one of the key drivers of the economy. Right now, we've got the bulk of the boomer generation trying to save like mad for their retirement, and the boomers' kids in the household formation stage, consuming heavily if they can do so. That boomer pig-through-the-python is not yet ready to be excreted; so investment demand will remain strong for another X years (x being an unknown, but let's say X is also the roman 10). Decent economic fundamentals, probable strong product demand (and in this discussion the product is equities and other investment options) indicate that we'll see an ongoing equities growth for some years to come.
IF I were full retired and forced to live out my existance on what I have TODAY, I'd likely be less bullish.
CTB, the two-handed thinker ;)
I'm confused, Airborne. Isn't SIK supposed to be one of the crown jewels in the UTC portfolio? Is this a short term (ok, maybe even five years or so) workout or do you see SIK as a permanent millstone around UTX's neck? Each major component of the portfolio has had a turn as the dog, it seems; while there is lots of movement around the fringes, buying and selling bits & pieces, the jewels remain firmly in place while they are improved. Tell me more.
I sure do hope that you've got the prediction nailed, BigSteveA. Making over $125 & splitting would be good enough for me, but I'll happily follow along your path if possible.
Today you're asking when the dividend pays, Sean. I presume you've had at least a brief change of heart? We aren't yet at the top of this run, I think.
Interestingly the various analysis of UTX have missed the shift away from aero to commercial; the assorted F&S - Carrier - Otis businesses are the lion's share of UTX revenue anymore, and are typically very nicely profitable too. IF the commercial businesses do well (and they should,everywhere except Europe, where they should do OK), 2014 will be a very good year indeed.
Kid, tough to tell how today will fare. It is a short day with likely little trade interest, but would be nice to see it hit a spike. Of course that makes the open on Thursday likely to be an Open DOWN day.
Happy New Year to all, no matter wha tthe market does!
So the $550million contract that Sik took home today, according to Motley Fool, is going to be a money loser? I'm confused, Airborne. It should be a long term earner, if the pattern UTX sets with other aviation contracts holds, I'd think. What don't I know?
Split or no split, seeing the stock moving upward is what I want to see. 100 shares pre-split at $112 = 200 shares post-split at $56. $2.36 dividend pre-split = $1.18 dividend post-split. You've just got bigger numbers in your Quantity column. Some people love splits, some people say "what's the difference?". Warren Buffet is in the "why split?" camp.
M088, six years ago, interest rates were higher, and inflation was higher and you about broke even if you were lucky. Now, at 3.3% you're still about breaking even with inflation, but you've got smaller numbers to deal with.
There are various annuity contracts available that will lock in a fixed rate of return for a cash investment; I know of guys who have locked in 6% within the last year or so (look at Prudential, for one, I don't have any annuities yet, but will look here eventually, based on what some of my buddies are saying). NOTE that any annuity contract is only as good as the company who issues it, so a 'guaranteed return' is only somewhat safe.
Good Luck and let us know what you find!
Ah, Kid, timing is everything. Did not get back here till now (4:11PM) .... guess I'll say "nope" this time. But I WAS WRONG!