WHAT WE DO? WE SELL OPTIONS FOR INCOME. WE USE THAT INCOME TO BUY DIVIDEND GROWTH STOCKS!
CHECK OUR TRADES ON OUR MeWe PAGE!


Posted by Martin March 16, 2011
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Time to buy? Everybody is panicking, but Buffet is buying!


It is not easy seeing your investments sinking and it is not comfortable seeing the market in correction. At least it is not comfortable for me. I can see; however, that all this mess in the market is just pure overreaction and unreasonable panicking. First the market was plummeting because of fear of crisis in Libya, then because of high price of oil, then because of low price of oil, and now because of disaster in Japan. From a short perspective that tragedy in Japan may look like a catastrophe (from the market point of view, not the human tragedy, which is great), but look at it the other way: Japan is a very strong economy and Japanese are very agile people. They will not give up on this tragedy. They will start rebuilding what was destroyed. So why panicking?

Actually I consider this sell off as a blessing and a great opportunity to add to my positions or buy new positions for better price. For example adding Johnson & Johnson stock to my portfolio in trading account is a great opportunity. I have bought this stock to my Roth IRA at around $58 a share. Now the price is at this level and I can buy this stock for great price in my trading account. And there are many other excellent stocks which are driven down by today’s panic.

A great sensor of what’s actually happening may be seeing what the Omaha Oracle is doing these days. He announced that he has 40 billion of dollars ready for acquisitions and sure recently he purchased Lubrizol. So when everybody is panicking and selling their stocks off, Warren Buffet is buying. If he wouldn’t trust in the economy, he wouldn’t do it.

However, I want to follow W. O’Neil’s advice not to be buying when the market is in correction. So I am waiting and saving money for new purchases. The market may continue falling a few more days or even weeks and buying now may lock my positions in stocks which will fall further down and and lock me in a paper loss. I do not want that so I will wait and start buying when the market changes into confirmed rally. A great example would be HGIC position I have opened recently. Since then the stock tanked by c. 12%. I know that the reason was their poor economical results, but the market was already in correction so I should have been waiting. It could save me some money and I could buy cheaper these days. Since the stock is not cutting dividends it appears to me that they will do well in the future and waiting could be a great opportunity to buy this stock cheap.

Let’s see what will happen next few days and be ready for adding to your portfolio. It is time to be buying.




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Posted by MartZee March 02, 2011
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Keep income flowing no matter what


The primary goal isn’t to make as much money as possible or “beat the market.” Instead, it’s to create a portfolio of investments that will allow you to meet specific obligations — no matter what happens in the markets. This may seem like a distinction without a difference. But it requires a fundamentally different mindset and approach than investing to maximize returns.

It even has a name: liability-driven investing.

“You’re not investing to maximize returns…you’re maximizing the chance of being able to meet future income needs,” says Christopher Jones, chief investment officer at Financial Engines, which provides asset-allocation services to 401(k) plans.

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Posted by Martin February 07, 2011
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My Investment holdings


Due to lack of time updating my holdings manually I decided to use spreadsheet and show my holdings updated automatically. I’ll be working on this spreadsheet further to provide more information. You will be able to find my holdings in a new page as well.

This page has been discontinued. Please refer to My holdings page.




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Posted by MartZee January 10, 2011
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ATU Lifts Its Outlook


Actuant Corp. has strung together seven earnings surprises as both the top and bottom lines continue to improve. In addition, a recent acquisition led to a buying frenzy. Those factors have lead to nice upward estimate revisions, pushing shares to a Zacks #1 Rank (Strong Buy).

Actuant is an industrial company that operates in more than 30 countries through a variety of markets. The company offers hydraulic and electrical tools, as well as other related products and services.

Another Surprise
I originally featured Actuant back in October and since then the company has posted yet another earnings surprise, making it seven in a row. The announcement came on December 16 and included EPS of 36 cents, nearly double the 19 cents from a year ago. Analysts were looking for 34 cents.

Revenues for the period were up 34%, to $87.4 million. If you strip out acquisitions, and other adjustments, you still have core growth of roughly 14%. Solid top and bottom line growth? Sounds good to me.

Raising Guidance
One aspect that can go toe-to-toe with EPS when it comes to quarterly reports is ATU’s outlook. In this release the CEO for Actuant raised the outlook thanks to encouraging trends and other favorable variables.

Read the rest of the story.




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Posted by MartZee December 16, 2010
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Visa, MasterCard Plunge as Fed Issues Rules to Cut Debit Fees


Visa Inc. and MasterCard Inc. plunged more than 12 percent in New York trading after the Federal Reserve Board proposed rules that may slash debit-card interchange fees by 90 percent.

The new rules, posted today by the Fed on its website, may aid retailers and cut profit for lenders who reaped about $15 billion from such charges last year. Terms outlined by the Fed include a plan with caps of 12 cents per transaction. The fees currently average about 1 percent.

The result could be an 80 percent to 90 percent drop in the fees that Visa and MasterCard pass on to banks, according to Tien-tsin Huang, an analyst at JPMorgan Chase & Co. Jason Kupferberg, an analyst at UBS AG, said investors had been expecting a 40 percent to 60 percent reduction.

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Posted by MartZee December 16, 2010
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What’s happening with ATU?


The entire morning today I was reading about Actuant Corporation which has improved earnings and sales, beat expectations but I was baffled why the stock slumped today by almost 6%. I couldn’t find why; what is behind such behavior.

Well, here is why:

Actuant Sees Second Quarter Earnings Below Estimates; but Raises 2011 Guidance

Actuant Corp. said it expects second quarter earnings of $0.25 to $0.30 per share on revenue of $325.0 million to $335.0 million. The current consensus earnings estimate is $0.31 per share on revenue of $302.6 million for the quarter ending February 28, 2011. The company also said it now expects 2011 earnings of $1.45 to $1.60 per share on revenue of $1.38 billion to $1.43 billion. The company’s previous guidance was earnings of $1.30 to $1.45 per share on revenue of $1.225 billion to $1.275 billion and the current consensus earnings estimate is $1.42 per share on revenue of $1.28 billion for the year ending August 31, 2011.

Source: Trading Markets.com.

However, I believe, Actuant still has a great outlook so I am holding my position for now.




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Posted by Martin December 16, 2010
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Actuant Reports Improved First Quarter Results; Increases Fiscal 2011 Guidance


MILWAUKEE–(BUSINESS WIRE)–Actuant Corporation ATU today announced results for its first quarter ended November 30, 2010.

Highlights

* 71% year-over-year increase in diluted earnings per share from continuing operations (“EPS”) to $0.36 (excluding prior year special items – see attached reconciliation of earnings.)
* Core revenue growth (total sales less the impact of acquisitions, divestitures and foreign currency rate changes) of 14%. All four segments reported core sales growth, including the Energy segment at 4%.
* Year-over-year operating profit margin expansion of 230 basis points, excluding prior year restructuring costs.
* Completed the previously announced Mastervolt acquisition after quarter-end, repositioning the Electrical segment to higher growth and product technology.
* Increased full year guidance to reflect strong Q1 results, favorable trends, a lower effective tax rate and the Mastervolt acquisition.

Robert C. Arzbaecher, Chairman and CEO of Actuant commented, “Actuant had a strong start to the fiscal year with double digit core revenue growth, solid operating margin expansion and EPS above our expectations. In particular, we were pleased to have all four segments contributing to the core sales growth with Energy at 4%, and robust 22% core growth at both Engineered Solutions and Industrial. We completed the acquisition of Mastervolt, deploying $150 million of capital on this attractive growth platform which repositions our Electrical segment’s growth, margin and innovation trajectory. I want to thank our employees for their continued hard work and dedication in creating a solid start to the year.”

Read the rest of the story.




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Posted by MartZee December 16, 2010
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10 Things You Need To Know Before The Opening Bell


Provided by Business Insider, Thursday, December 16, 2010:

Good morning. Here’s what you need to know:

Asian markets were mostly lower in overnight trading, with the Hang Seng down 1.33%. Major European indices are flat, and U.S. futures suggest a slightly positive open.

Housing starts data is released at 8:30 AM ET. It is expected to show continued weakness in the market, though a slight improvement over October’s number, rising to 0.550 million annualized starts.

Initial jobless claims data is released at 8:30 AM ET. It is expected to show a slight decline in claims over last week, to 420,000.

China has moved to stop some banks from supplying loans to businesses intending to invest them in real estate and other fixed assets. The move is another part of the country’s new tightening regime meant to slow inflation.

European leaders are meeting today to thrash out alterations to the EU’s Lisbon Treaty that would create set rules for bailouts. The rules will not include suggestions like eurobonds or further fiscal integration.

Spain held a somewhat disappointing, if successful, bond auction this morning selling €2.4 billion in debt. The average yield on bonds rose dramatically, however, to 5.446% on the 10-year from 4.615% in November.

BP shares fell in London trading in the wake of a U.S. government lawsuit against the company. It has also emerged that BP had a similar accident to the one in the Gulf of Mexico in Azerbaijan that ended safely.

Bank of America is working on settlement deals with many of its mortgage investors, including Pimco, the New York Fed, and BlackRock, that would see the company take back its loans. The bank has denied this is a change in policy.

Goldman Sachs is planning to launch a new, over $1 billion hedge fund in Hong Kong. The fund is to be run by Goldman’s highest paid trader, Morgan Sze.

Philadelphia Fed survey data is released at 10:00 AM ET. It is expected to show another positive number, this time 16, a drop from last month’s surge to 22.5.

Bonus: Kim Kardashian claims she plans to be single for the whole of 2011.

Source: Yahoo.com.




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Posted by MartZee December 15, 2010
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Actuant Corporation (ATU) reports Q1 2011 earnings


Actuant Corporation will release its earnings tomorrow morning (12/16/2010). A conference call will be held at 10:00 AM CST. Watch/listen it here.




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Posted by MartZee December 15, 2010
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Endologix Inc. (ELGX) added to portfolio


Another stock with a strong momentum has been spotted. Endologix Inc. shot on huge volume, four times the average volume. For four days this stock is making new 52-day highs. I decided to buy some shares and add this stock into my portfolio:

12/15/2010 Bought 150 ELGX @ 6.55




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