Baltic Dirty Tanker rates are skyrocketing. My shipping tanker play is NAA. NAA reports earnings 02/05 and i expect it to be very good because of high rates and cheap fuel.
European GE will replace Fed QE. The general market will like it and no reason to think PSEC would not get a share. The only move that I plan to made is sell GLD this week after buying last Friday.
The article promoted EPD and only mentioned KMP as his first MLP investment. KMP was also my first and best performer.
If terrorist want to destroy the western world they need to worm there way in to Central Bank policy making positions.
I bought some GLD Friday, first Gold investment High School class ring in 1966. Will probably sell sometime next week.
My stratergy is to have investments in numerous companies and not getting overloaded in any. With RIG I have a few 2017 Calls but will add as needed. My heaviest position is XLE which holds the majors. Also starting USO a Crude a Futures ETF. What iam avoiding is Shale MLP for the time being. They will have a hard time borrowing money and will be whacked again as interest rates rise. Another goal is not to have too much capital tied up if recovery takes years. Another good oil play is shipping tanker fleets who are in high demand and charge high rates to transport and store Petrolium and products. There are numerous tanker companies but I only hold NAA.
What does that tell you about how to evaluate a fund? I doubt the FXCM investors knew there fund had a single investment that would shut the door. I bet some of the management did not know. I see big ads all the time for funds promoting there investment team all sitting around in Brooks Brothers suit looking competent .Can you imagine all the law suites and ruined reputations?
The whole thing started with a swift act of the Swiss central bank after giving warnings for years. There will be many who are not paying attention to the Fed telling us to prepare for rising interest rates.
The obnexous short is usually a small time retail who posts because he's scared to death the market will turn and his capital and gain goes up in smoke. The real McCoy spends his time researching and observing and not trying to scare retired people on a silly MB.
I hope you started RIG small and have Capital to layer in because it might be a bumpy ride but the general trajectory should be positive from here.
Handjobfagmark, I hope you are correct so i can dump my short positions, Looks like a bumpy ride but with a bumping up trend.
I made a good trade today also with KCAP I bought 1000 shares on the spur of the moment for $6.66 and sold for $6.69. After expenses I have $14 profit and glad to have gotten rid of it. I added to PSEC at $8.34 and proud to hold it.
We will only know about the turning point in hindsight . My personal stratergy is to start some small positions and layer in, if this is a Slow recovery it could take years with plenty of pull backs and false positives.
I had no DOW short and i thought the large international Dow companies would be riled by the currency unheval caused by the Swiss move. Perhaps a shot in the dark or a genius move must wait to find out which :)
I plan to cash my in deep deep GREEN after getting a few dividends. Do you really thing a article by a nameless blogger is better than a note on a MB or bathroom wall?