T was up 3% early today. I might buy a Put since i have no shates to take profit on. MCC and PSEC are up also makes my trigger finger itchy:)
Too early to tell how KMI will trade due to short history after merger. KMP usually bottomed about 20-25 trading days to Ex. I plan to draw the Divy and look for a place to add, hopefully KMI will display a pattern over time.
Sounds like sour grapes from who sold early and was afraid to get back in. I traded KMP for years and next week I will collect my first Dividend from Kinder Morgan.
My Dogs of the Dow might not be pure bred. I plan to take my time buying buying in on lows and a little trading to continually try to lower my basis. I have the cash and the last 9 months have taught me the value of patience. The dogs might be a good home for 10 -20% of my portfolio.
I tentatively plan a long term hold with trading and rebalancing annually. I have read the Dogs trail the market in a good year and lead in a off year.
I fail to understand the advantage of a ETF to tract ten blue chip stocks. For one thing you could not take advantage when a individual stock tanked or sell one that you thought over valued. The ETF FFTY does not include any of the Dow Dogs and has a very hefty expense ratio 0.8%. I think I will work toward an investment in the Dow Dogs of 15-20% of my portfolio letting the Dividends reinvest and rebalancing annually. CAT looks pretty good now but MCD and KO look overpriced. No rush just patently wait for good buying opportunities.
I mentions this yesterday and thought it might be a good idea to own these ten stocks if bought at the right price. They generally recover fast from bad news. For 2015 the Dow Dogs are:
T is listed but I thought it was no longer in the Dow.
All the above are very capable of bad earnings or might dip on a rise in interest rates and could make a good long term hold especially if bought at the right price. I now have CVX,XOM and VZ and will se if I can collect any more this year.
Guess what? I don't trust Jimcooper or Barry. Barry as a Officer of a Corporation has certain responsibilities that a MB troll does not have.
Excuse but Iran's oil is and has been in the market through the black market. Not to say there production could not increase when in the open and allowed to purchase new equipment internationally. I hope oil has not bottomed but i think it may have.
T provides a steady income with little thought of Capital appreciation just like a Bond. As long at the Dividend is intact it will stay in its trading range. T does remind me a bit of the way PSEC traded before there problems.
I have traded T in the past but think VZ might be a better long term hold. Because T seems to be moving in many directions while VZ seems more focused on Cellular in the US . T has little room for Cap Gain because of its larger Dividend. It seem i remember reading T is no longer in the Dow. I do not chase yield but i do like a bit of yield to go with a Cap Gain.