Yesterday, I mentioned how bond investors are being ripped off.
More importantly, I made the case that if you're invested in long-term bond funds right now, you could be setting yourself up for double-digit losses in less than a year's time.
So if long-term bond funds are risky, and we are given a pittance in exchange for our hard-earned dollars in short-term bonds, where are income investors to turn?
An investment with a dividend yield over 3% would be nice for starters -- beating the 2.6% yield that the 10-year Treasury currently offers, without locking up your money for the next 10 years.
But why stop with a 3% yield? How about something that would give us an income raise every year, even through market corrections and recessions? (more)
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Thursday, June 26, 2014
Twitter Shares Approach Important Resistance: TWTR
This is a stock that definitely used to get a lot of hype but lately
the noise surrounding it has quieted down. We like that. After a 30%
rally from last month’s lows, prices are now approaching that key $40
level that had previously served as support twice last November and
again in April. On the first day of technical analysis kindergarten
we’re taught that former support should turn into resistance. But
through experience, I have since learned that if prices break through
that potential resistance without much hesitation, an epic rally can
develop quickly.
Here is a daily chart of $TWTR since the November IPO. It’s easy to see the former support and what could/should theoretically become overhead supply. My question is, What if it doesn’t?
Here is a daily chart of $TWTR since the November IPO. It’s easy to see the former support and what could/should theoretically become overhead supply. My question is, What if it doesn’t?
What if we blow right through this level? What if the overhead supply
right here doesn’t cause much trouble? What if we get a gap higher
above this level? What if we pull back a bit and then break through? (most likely outcome in my opinion) <– All of these would be really bullish developments. (more)
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United Technologies Corporation (NYSE: UTX)
United Technologies Corporation provides technology products and
services to the building systems and aerospace industries worldwide. Its
Otis segment designs, manufactures, sells, and installs a range of
passenger and freight elevators, escalators, and moving walkways;
modernization products to upgrade elevators and escalators; and
maintenance and repair services. The company’s UTC Climate, Controls,
& Security segment provides heating, ventilating, air conditioning,
and refrigeration solutions, such as controls for residential,
commercial, industrial, and transportation applications. Its Pratt &
Whitney segment supplies aircraft engines for commercial, military,
business jet, and general aviation markets, as well as provides fleet
management services for commercial engines; spare parts; and
maintenance, repair, and overhaul services. The company’s UTC Aerospace
Systems segment supplies aerospace products, including electric power
generation, management and distribution systems, flight control systems,
engine control systems, intelligence, surveillance and reconnaissance
systems, engine components, environmental control systems, etc. Its
Sikorsky segment manufactures military and commercial helicopters, as
well as provides aftermarket helicopter and aircraft parts and services.
To review United’s stock, please take a look at the 1-year chart of UTX (United Technologies Corporation) below with my added notations:
UTX has essentially been trading sideways since March, while forming a common pattern known as a rectangle. A minimum of (2) successful tests of the support and (2) successful tests of the resistance will give you the pattern. UTX’s rectangle pattern has formed a $120 resistance (red) and a $112.50 support (blue). A break above $120 would also be a new 52-week high.
The Tale of the Tape: UTX is trading within a rectangle pattern. The possible long positions on the stock would be either on a pullback to $112.50, or on a breakout above $120. The ideal short opportunity would be on a break below $112.50.
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To review United’s stock, please take a look at the 1-year chart of UTX (United Technologies Corporation) below with my added notations:
UTX has essentially been trading sideways since March, while forming a common pattern known as a rectangle. A minimum of (2) successful tests of the support and (2) successful tests of the resistance will give you the pattern. UTX’s rectangle pattern has formed a $120 resistance (red) and a $112.50 support (blue). A break above $120 would also be a new 52-week high.
The Tale of the Tape: UTX is trading within a rectangle pattern. The possible long positions on the stock would be either on a pullback to $112.50, or on a breakout above $120. The ideal short opportunity would be on a break below $112.50.
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The Paper Silver Market is 250 Times the Size of the Physical Silver Market
goldbroker.com / By Fabrice Drouin Ristori / June 25, 2014
Bloomberg recently published an article on the discussions taking place concerning the establishment of a new « fix » on the silver price. The old « fix » will end on August 15, 2014, bringing potential consequences that I’ve already analysed.
What is interesting in this Bloomberg article is not so much that discussions have taken place to determine a new way of fixing the price of silver, but rather the information about the scope of the silver market.
The article states that the size of the global annual silver market is equal to $5 trillion.
Bloomberg has always been a reliable source with their published data; thus it is interesting to compare the size of the silver market as announced by Bloomberg with the size of the physical silver market.
READ MORE
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