Portfolio Update: Change of Situation Resulting in a Change of Plans

My situation has changed and so must my financial plans. Currently I have to liquidate some funds, so on Thursday the 24th I put in orders to sell my loosing positions, AGNC, GLD, and TLT. On the same day, all three orders executed and I have the following report to make.

My GLD order executed at $129.41.

My TLT order executed at $108.63.

My AGNC order executed at $24.05.

That's my opinion. What's yours? Disclaimer: See bottom of page. http://investorsopinion.blogspot.com

AGNC - American Capital Agency Corp
GLD - SPDR Gold Trust
TLT - iShares 20+ Year Treasury

Portfolio Update: Added to an Existing Position

On Monday, August 12th, I added to my existing position of T. My reason for that was because I believe the price to be in the right range for a purchase. Here is how I came to that conclusion.

Fundamentally T is a top rated telecom with high growth, EPS, and revenue with the expectation of continued growth in the coming years. In addition, it has a very attractive yield that, at the time of this post, was above 5%.

The stock has pulled back more than 10% from its 52-week high of 39 USD made on April 23rd. The stock has also created two short term tops on June 13th and July 17th, putting a resistance just below 36.50 USD. At the same time the stocks price has approached and seems to be bouncing away from the upward trend line I charted for it from January 18th through June 21st. As far as other technical indicators, the daily and weekly stochastic and MACD indicators (which are trailing and confirmation indicators) both show that the stock is becoming oversold. Instead of waiting for confirmation, I chose to pull the trigger now for what I think is the lowest price I will possibly get this time around.

Not having a lot of excess cash available I purchased all that I could. It is my belief that this should turn out to be one of my better timed purchases. If not, I still plan on buying more if more funds become available and T remains in this setup. That's my opinion. What's yours? Disclaimer: See bottom of page. http://investorsopinion.blogspot.com

EPS - earnings per share
MACD - moving average convergence divergence
T - AT&T Inc
USD - United States Dollar

Portfolio Update: Continuing the Plan

Since my last portfolio update in June 2013, I have been collecting dividends from my investments and waiting for my next opportunity. Friday, August 2, 2013 was my opening. On that day I BTO an additional 5 shares of AGNC. Doing so has three benefits.

The first is that it reduced my cost average of my position in AGNC. The second is that it brings me closer to an option eligible lot size. And third, it puts me in a position with an increased dividend payout for the next distribution. It is my belief that the stock has bottomed and that a reversal is possible at this price. That's my opinion. What's yours?

Disclaimer: See bottom of page. http://investorsopinion.blogspot.com

AGNC - American Capital Agency Corp
BTO - bought-to-open / buy-to-open

Repost of "My $DELL chart analysis for July 8, 2013"

I posted this on my Facebook fan page BJLB Enterprises. To get a little more exposure I am also posting it here. Enjoy!

My $DELL chart analysis for July 8, 2013

Here is my analysis on $DELL. In regards to the news, there is murkiness because of the buyout noise between Carl Icahn and Michael Dell. I don't like to speculate because of that. However, the chart is interesting.

On the daily chart we have a gap down on April 19th that has since been a ceiling of resistance (indication of a move setup). It has breached $13.50 a few times since April and significantly on June 18th, but has not closed above that with strength. On the 5th of July it plunged below $13 but closed above, created a long tail that is over 100% the length of the body (bullish indicator). Today it had a bullish day in which it closed above many of the consolidated moving averages (8ema,13ema,20sma,50sma). This is support for the previously mentioned bullish indicator.

Now I would like to mention the off chart technical indicators. All three of the daily ones that I am showing here (top to bottom: slow stochastic, MACD, ADX) indicate that $DELL has consolidated in oversold territory and is ready for a reversal. The next two weekly ones that I am showing here (top to bottom: slow stochastic, and MACD) also indicate that $DELL has consolidated in oversold territory and is ready for a reversal.

My hypothesis is this, if $DELL breaks above $13.50 tomorrow (Tuesday, this years hotest day to trade on average), I believe a safe first target will be $14.00, followed by the 52-week high around $14.50. Because of the buyout talk, I don't want to make a long term trade or investment in $DELL. 'Cloudy its future is.' (So Yoda would say.)

That's my opinion. What's yours? Disclaimer: See bottom of page. http://investorsopinion.blogspot.com

Portfolio Update: Successful Option Trade.

My last option trade was a success. On Friday, June 14th, I STC the $35 August 17 2013 Calls I purchased 8 days before. My plan was to sell at a specific price after the underlying stock, BGS, reached above $32. Even though it had breached $32 the day prior, it didn't hit my price until the 14th. The result of the trade was nearly a 200% profit after commission. As of this post BGS is still going up and the option value is going up as well. But as the expression goes, "No one ever got hurt taking a profit."

I believe that BGS may continue to go up for another dollar, but I believe I got out at a good price. I am expecting that BGS will come back down to about $28.75-$29.25. I want to then BTO stock or attempt to trade options on it once again. I haven't yet decided. That's my opinion. What's yours? Disclaimer: See bottom of page. http://investorsopinion.blogspot.com

BGS - B&G Foods Inc.
BTO - buy-to-open / bought-to-open
STC - sell-to-close / sold-to-close

Portfolio Update: Option Pick

Today I am posting about my latest transaction. This transaction is a bullish option trade on BGS. The options I BTO are the $35 August 17, 2013 Calls. Normally, one would want to buy the options ITM to take advantage of the immediate leverage. Unfortunately, I am playing with a minimal amount of free cash so OTM Calls were my only choice.

The trade processed as the second half of a contingency trade. When BGS traded above $29, I bought the options at $0.10 per contract share ($10/option) . I chose the $35 strike because my target for BGS within the next couple months is about $32. And the available intervals for the August Calls are $2.50 apart.

My plan is that when it breaks $32 I am taking the money and walking. I think this is likely. I probaly should have set my purchas for $0.05 per contract share as the following day that was the last purchase price, putting me behind already. I still thik profit is possible. That's my opinion. What's yours? Disclaimer: See bottom of page. http://investorsopinion.blogspot.com

BGS - B&G Foods Inc.
BTO - buy-to-open / bought-to-open
ITM - in-the-money
OTM - out-the-money

Portfolio Update: Catching Up.

I fell behind some, so this post might be a bit longer than usual. There haven't been a lot of changes. The changes just haven't been posted in a timely manner. So here we go.

I temporarily had to stop funding my account, but will recommence doing so shortly. The last of my funds in the account have been used to make the following purchases in order to increase the payout of my dividend schedule.

On May 3rd, I added to my position of AGNC. My reasoning here is that because it pays out at such a high yield with a lower investment, I can leverage that to help fund the purchases of my other positions. The risk is that the market value is dropping because it missed the last quarter expectations. For that reason it might actually be smarter to move the entire position over to either NLY or CIM. But in those two the focus would be on equity growth where as my focus is more on income with the side effect of growth due to planned reinvestment.

On May 8th, I added to my position of ETP. My reasoning here is much the same as AGNC. There may be better options for growth, but growth isn't my first priority, as was mentioned above.

The market has shown that investors are ignoring the "Sell in May and go away..." rhyme and are continuing to invest. But of course, it is only the middle of may. The second half may turn out differently, but only time will tell. That's my opinion. What's yours.

Disclaimer: See bottom of page. http://investorsopinion. blogspot.com

AGNC - American Capital Agency Corp
CIM - Chimera Investment Corp
ETP -Energy Transfer Partners, LP
NLY - Annaly Capital Management, Inc

New Tag Line to End Future Posts!

Starting with the next post, I will have a new tag line. Instead of being so brash at the end, I'm going to be inviting. The new tag line will  be:

"That's is my opinion, what's yours?"

"That's my opinion. What's yours?"


Disclaimer: See bottom of page. http://investorsopinion.blogspot.com

Portfolio Update: Two Transactions

April is half over and I've neglected to mention my activity so far. Shame on me. Now I'm going to rectify that.

On April 4th, I STC my entire position in VZ. I originally had two telephone communication companies in my portfolio. But after much consideration, I no longer saw the need to have two telep-co stocks in my portfolio. I chose to keep T and let go of VZ since T had a slightly better yield.

On April 9th, I BTO more of ETP. My reasons for buying more of this one over any other were that it was approaching it's ex-dividend date  for the second phase payouts, and the yield was the highest of all the  second phase stocks in my portfolio.

Those are my reasons for my actions so far this month. If you would like to question it, please do. But in keeping with my moto, which could be the reason I don't get any activity, that is my opinion, you can take it or leave it.
Disclaimer: See bottom of page. http://investorsopinion.blogspot.com

BTO - bought-to-open/buy-to-open
ETP - Energy Transfer Partners, LP
STC - sold-to-close/sell-to-close
T - AT&T
VZ - Verizon Communications

Portfolio Update: Nothing New

Today I post on the final day of March. Unfortunately there is nothing to report in regards to my portfolio. March was a good month for the stock market, in the US anyway.

The market was so good that all of my limit orders expired because my price was too low for anyone else to accept. I am not discouraged though. I will continue to hold what I have and put in orders at prices I deem acceptable to me. That is my opinion, you can take it or leave it.
Disclaimer: See bottom of page. http://investorsopinion.blogspot.com

Portfolio Update: Position Increased

This post is going to be one of my shorter ones. With the market sell off the day before, I added to my most recently acquired position, BGS. The part I didn't expect was how much BGS would pull back. If I had, I would have put in the order with a lower limit price. I will continue taking advantage of any further sell offs as often as possible. That is my opinion, you can take it or leave it.
Disclaimer: See bottom of page. http://investorsopinion.blogspot.com
BGS - B&G Foods, Inc.

Portfolio Update: First Trade of the Year

The date of this post is the 16th of February, and it has been a while since my last post. About a month and a half. The reason being that I haven't had an order execute this year until yesterday.
Yesterday's order was for BGS. A company with a portfolio of grocery items. I chose this one to add to my portfolio because it has a dividend yield of 3.8% and pays out on the first phase of the quarter. This is particularly good because I only had one other stock that paid out on the first phase of every quarter, AGNC. Other than that, I also collect the monthly distribution from the TLT.
Recently, BGS had a quarter that was below expectations, but I am confident that it is not too serious of an issue. I am actually looking forward to a little more of a short term decline in order to increase my position at lower prices. This lower price will also increase the yield amount for this stock. That is my opinion, you can take it or leave it.
Disclaimer: See bottom of page. http://investorsopinion.blogspot.com
AGNC - American Capital Agency Corp
BGS - B&G Foods, Inc.
TLT - iShares Trust Barclay's 20+ Year

Portfolio Update: Catching up.

So here is the update. In my last post I wrote about rolling my call option on SAND. Since then I have allowed the option to expire worthless. My reasoning being that I lost my faith in it and I want to increase the payouts of my dividend schedule plan further. Because of that I used all further funds in the account to buy more shares in my current positions. But I also sold my position in a low yield stock that I held.

On the 23rd of November, I sold my shares of YUM because I believe the yield is too small for the dividend schedule plan I have for my portfolio. For my plan to work I need bigger payouts. These payouts and the additional funds from the sale of YUM stock will help to accelerate the purchase of more shares of the same stocks I currently hold and a few others I want to add to my portfolio.

On the 27th of November, I bought shares of JNJ. This purchase increased my dividend payout for the third phase of every quarter, which is currently the weaker of the three phases. It also increased my current position of JNJ, a stock I already own.

On the 21st of December, the SAND $15.00 Call option expired worthless. This was a disappointment. I believe the failure is that I bought into it being a cheaper play on gold while gold has been on a three month down trend that has yet to reverse. The hustle over gold might be over since the Mayan Apocalypse didn't happen and there might have been a lot of gold investors who believed in that foolishness.

On the 28th of December, I bought shares of PG. This purchase increased my dividend payout for the second phase of every quarter, the second weakest of the three phases. It also increased my current position of PG, a stock I already own.

The three phases of every quarter are much closer together in strength, now, but maintain their sequential order of strength. My available funds have almost all been depleted as I wait for a scheduled order to be triggered. I will be continuing to fund the account with cash from my day job and monitoring the market for additional investments to add to my portfolio.

That is my opinion, you can take it or leave it. Disclaimer: See bottom of page. http://investorsopinion.blogspot.com


JNJ - Johnson & Johnson
PG - Procter & Gamble Co.
SAND - Sandstorm Gold Ltd.
YUM - Yum! Brands Inc.