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Talking stocks, trading, and investing in general

Discussion in 'Business, Careers & Education' started by mikeman, Feb 2, 2011.

  1. idfnl

    idfnl Senior member

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    Although I don't have a precise means to calculate across all my accounts, that figure seems about right for me to. I am guessing 7% too. EPZM made a big difference, as well as PCYC. No big losers yet, fingers crossed.

    Best start of the year I can recall. I'm heavy banks and biotech this year. I don't know how long I'll stay this way, but its been the winning formula so far.
     


  2. GreenFrog

    GreenFrog Senior member

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    Banks will definitely be a winning sector this year.

    I'm looking for an ETF for Ibanks with cap markets businesses but all the ones I've seen so far are overweight on regional banks.

    Maybe ill just have to pick a couple stocks. Definitely BAC and I'm interested in JPM but all their recent regulatory troubles have me concerned. Though I do find it interesting that the stock is doing well despite the fact that they will have to pay 20b+ in fines which will hit their EPS figures.. Color me confused.
     


  3. stevent

    stevent Senior member

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    I actually bought Jpm right before all the fines. It's priced in already and they had money set aside for it.

    Most of fines are for bs charges anyways, all banks should just sue SEC for failure to regulate and all fines they are charging should be put back on SEC (5)
     


  4. SkinnyGoomba

    SkinnyGoomba Senior member

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    The fines are ridiculous, politically motivated stupidity.

    Let the banks earn and repay the shareholders through dividends. The shareholders have taken a beating through loss of payments on dividends and reduced payments. Most of them stepped up to the plate and took on messy balance sheets through forced acquisitions.
     


  5. idfnl

    idfnl Senior member

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    The JPM fines are built into the price. It shouldn't have an impact.

    I've been holding my JPM position for almost 2 years, I'm up 50% on it. I see no reason to sell it now, I think there is upside.
     


  6. idfnl

    idfnl Senior member

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    More appropriately, actual human beings responsible for the behavior should be singled out and punished. We've really done a bang up job deterring these guys from future misdeeds. I mean, your organization gets fined, you get off scott free, of course you are less likely to wreck the financial system again.
     


  7. amerikajinda

    amerikajinda Senior member

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    35% banks! That got me thinking about my own individual stock asset allocation (unfortunately I have less than half of the financials that you have at only 15.89%):

    Technology - 6.68% (CTL)
    Industrial Goods - 11.17% (ETN, FLR, GD)
    Services - 14.26% (DLTR, GME, AMZN, AN, ORLY)
    Financial - 15.89% (COF, HBAN, WFC, C)
    Healthcare - 16.87% (BIIB, LLY, GILD, VRTX, REGN)
    Basic Materials - 35.13% (XOM, HES, VLO, MT, PXD, SLW)

    but then when you factor in my mutual funds and etfs and other instruments my allocation works out to this:

    [​IMG]
     
    Last edited: Jan 15, 2014


  8. stevent

    stevent Senior member

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    Banks are heavy mainly due to big gains over time esp with BAC and SCGLY both up well over 100% and I never sold any since still believe in the stocks
     


  9. jbarwick

    jbarwick Senior member

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    I love the AAPL vs GOOG talk that is going around recently in regards to innovation. Everyone is saying AAPL is dead but GOOG just bought Nest, and while that was probably a good purchase, GOOG does not do much for hardware innovation elsewhere. I personally would not snag a Chromebook or their phone but I would be happy to buy an iPhone or other product if I see fit.

    Could probably chalk this up to not much other tech news going on an people have to fill CNBC with something.
     


  10. idfnl

    idfnl Senior member

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    GOOG is creepy. I'd never want a Nest after this acquisition, with those NSA-lite data miners in your walls now? No thanks.
     
    Last edited: Jan 16, 2014


  11. otc

    otc Senior member

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    Hmm, that is an interesting thought.

    The nest is really cool, but I probably wouldn't like it. I feel like I'm the kind of person who prefers to figure out my own preferences (e.g. I'd figure out on my own that I need to start the heat 45 minutes before I wake up to have a warm house). The internet control would be nice, but I'd most likely want to do the programming myself instead of having it "learn".
     


  12. amerikajinda

    amerikajinda Senior member

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  13. jbarwick

    jbarwick Senior member

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    Whoever called out TAN, Bravo! Up over 20% so far this year.

    Good points on the Nest....I want one but just want the device to know my preferences, not shared with a company for whatever reason.
     


  14. otc

    otc Senior member

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    Initiated a position in Snap-On

    They've had an unbelievable past two years, so this is definitely being late to the party. Yield is way down on account of the price appreciation...expect to see them raise the dividend more.
     
    Last edited: Jan 16, 2014


  15. amerikajinda

    amerikajinda Senior member

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    They do have a proven track record of upping their dividend on a regular basis...

    [​IMG]
     


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