This will chase out the dividend investors, drive the price down in the near term, and with oil supply still high, pricing pressure remains in full swing.
I am taking the view that if you're in cash right now, this is a good time to be adding oil stocks to your portfolio. If you're holding on to a loss and can wait it out, prices will eventually rise.
Right now I am treating these drops as buying opportunities with a very long time horizon until I need the cash I am putting into oil now. I am confident oil will surge higher again. Just glad I stayed in cash all this time to be able to buy in at these low oil price levels.
This doesn't mean I am limiting myself to COP, but I haven't decided where new cash will go into just yet...
Transmission was a distinct and completely separate problem they Had with the Ford GT. Last I read they are now saying it was something in the gear linkage, but I doubt we'll know for sure as they will want this news to go away.
It's too bad, I was hoping for a good showing from the Ford GT to see if they could give the Corvette team a run for their money. But that didn't happen and it seems the Cirvette engineers are on their A-game while Ford engineers are still searching for the right solutions,
The transmission problem is downright embarrassing for their premiere sports super car. And in this day in age, brakes and tires also should have been worked out, there were no like issues with other cars that I am aware of.
Honda with the overall win, and Chevy with it's class win with the Corvette of the Ford GT get the bragging rights that Ford can't use this year, a year where they put a lot of pre-press into the GT.
On a day when F could have been up double-digit percentages based on earnings, it not only disappointed in market price action, it also lagged GM in stock price gain. I think the message the message is clear, institutional investors will move into GM before they go anywhere near F. For that, I say Ford stock is one to avoid versus GM.
That said, I also feel the better investments from this point forward will be those oil-related stocks with natural gas diversification. Auto stocks are more likely to be the lagging performers in a portfolio in comparison to oil. Yesterday, I made my entry purchase into oil since I sold all of my oil positions in July of 2014. Next week I'll evaluate what part, if any, of the auto sector I may move cash into now that we have seen what happened with F's report and follow-up market response. Though I may just end up deciding keeping that cash in the safer, albeit, lower performing stable fund and the like fixed instruments.
We've already been proven that this market is ready to fold like a wet noodle with little cause, so any long position I may establish with have preset sell points both at gain and a loss points. This is indeed no long-term, "set it and forget it" type of market. Quite the opposite. Those saying we could fall another -30% shouldn't be completely ignored either.
Inept staff, management that reduces banking hours and increases fees to nickel and dime its customers, and apparently nobody there to care to listen. I hope M&T loses it's customer base... It lost accounts from my family..
I call BS on your post. First off, according to Yahoo, your ID was only created in October 2015.
Second, I was *actually here* when the price traded in the 30's and was one of many longs here, and you weren't one of them, especially making any claims, especially to $700.
So go pump your Tesla calls somewhere else!
So glad I got out when I did... More luck than skill on that exit, a real gut feeling move to be completely honest. Glad to have that cash now!
If true, (which I will doubt until you show me that post corresponding to dates at and below your costs basis), then you're among the worst examples of how to properly not let gains erode by holding on when technicals change for the negative.
After selling my entire position of SWHC that yielded my best 2015 investment, I decided to keep half in cash and the other half into my existing T position. I see T getting a lot of investment support in 2016 and am taking advantage of this chance to grow my T investment. Good fortune to my fellow T longs!
I should add that I moved the sale proceeds from SWHC into my already established AT&T position increasing the number of shares which have performed well and continues to prove that handsome dividend.
After posting earlier in the week that I took half off the table @ $26.15, I had originally set a stop sale order @$21 for the remaining half, but after watching yesterday's action, I revised the stop sale order to $24.00 which was met today. Seeing that it blew through $23, it seems that was the right choice. I probably should have just exited the entire position at $26.15 when I had the chance, but hindsight is always 20/20.
Better revenue growth and more flexibility is controlling supplier costs that have lead to slightly better net earnings. But that doesn't mean I don't like CMI, I would certainly consider it for putting it in a portfolio, especially if PCAR had any change from their current positioning.
I like PCAR the best as I feel it will outperform in my estimation... CMI and VOLVY aren't as well poised the way I see it.
If I was limiting myself to just one stock, it would be T (AT&T) for dividend and price sustainability.
In the this segment I would actually skip CMI and go right into PCAR over anything you mentioned.