Basic Materials

(CE) Celanese Corporation Value Alert

CELANESE CORPORATION
Texas (June 24, 2014) Wax Ink has issued a Negative Investment Interest opinion for Celanese Corporation (NYSE: CE). The value alert is based on a ...

25Jun2014 | | Comments Off on (CE) Celanese Corporation Value Alert | Continued

Gold Is on Sale for 75% Off

This week I attended the Prospectors and Developers Association of Canada, the world’s biggest mining conference. And I found bargains galore… bargains that you can scoop up.

To be sure, mine is a contrarian view. Gold and silver miners have been in a bear market for years now. They’re...

27Apr2014 | | Comments Off on Gold Is on Sale for 75% Off | Continued

Confidence Game

Have you ever stuck with a losing stock position because you were overly confident that the Street had it wrong and it was sure to come back? The painful mistake is so clear… in hindsight.

This is because trading and investing psychology is the single-strongest indicator of stock market profits...

15Mar2014 | | Comments Off on Confidence Game | Continued

What Mike Tyson Can Teach You About Investing

You might not think of Mike Tyson as a mentor when it comes to running your portfolio.

After all, the former undisputed heavyweight champion of the world has never demonstrated any great money management skills. In fact, he has been a wildly controversial figure both inside and outside the...

14Mar2014 | | Comments Off on What Mike Tyson Can Teach You About Investing | Continued

Technical Tuesday: How to Detect Stock Market Tops

As I noted last week, bull market tops are often characterized by a breakdown of the sector that had led the market higher (like tech stocks in 2000 or financial stocks in 2007).

Another clue in our hunt for the top is the concentration of leadership to individual sectors. When we get near...

7Mar2014 | | Comments Off on Technical Tuesday: How to Detect Stock Market Tops | Continued

Why You Shouldn’t Trade the Russian Occupation

Talk about whiplash…

News over the weekend that Russian troops had occupied Crimea caused hair-trigger traders to hit the exits hard on Monday. Fearful a hot war would develop in Ukraine, equity markets swooned worldwide.

The next day, however, Putin announced he was “not going to...

6Mar2014 | | Comments Off on Why You Shouldn’t Trade the Russian Occupation | Continued

The One Thing You Need to Know About Bonds

Bond investors today fall into one of three categories: smart, scared or oblivious.

Let’s take the last group first. Whenever you hear someone say they plunked money into a long-term bond fund because it returned 12% annually for the last 30 years, all you can do is sigh.

The old boilerplate...

6Mar2014 | | Comments Off on The One Thing You Need to Know About Bonds | Continued

Gold’s Irresistible Forces

What happens when an irresistible force meets an immovable object? We’re about to find out in the gold markets.

The irresistible force is Chinese gold demand, which is surging along with its price. Gold flirted with $1,300 on Thursday. (Much higher demand from India could be coming shortly,...

6Mar2014 | | Comments Off on Gold’s Irresistible Forces | Continued

The Rise of a New and Dangerous Breed of Hackers

My wife and I got a letter in the mail a couple of weeks ago. It was from Neiman Marcus. It began with these sobering words, “We deeply regret and are very sorry that some of our customers’ payment cards were used fraudulently after making purchases at our stores.”

It was all stupidity...

2Mar2014 | | Comments Off on The Rise of a New and Dangerous Breed of Hackers | Continued

Why You Shouldn’t Bail on This Market

The market has teetered in recent weeks. And the volatility has caused some investors to head for the sidelines. They are almost certainly making a mistake.

To time the market correctly, you have to make not one great call but two. And the consequences of getting either wrong can be grave.

Let’s...

23Feb2014 | | Comments Off on Why You Shouldn’t Bail on This Market | Continued

Is This Market Tanking?

There are a lot of scared investors out there right now. After what seemed like five years of stocks doing nothing but rising, investors are worried after the latest drop.

Last week I spoke at the World Money Show in Orlando. After my presentation, I had lively conversations with many of the...

21Feb2014 | | Comments Off on Is This Market Tanking? | Continued

Great News for Your Portfolio

The dollar rose nicely in 2013, even hitting a five-year high against the yen last month. But there are good reasons to believe the greenback has further to go.

And that is good news for your stock portfolio.

When I started forecasting a higher dollar a few years ago, most readers were...

21Feb2014 | | Comments Off on Great News for Your Portfolio | Continued

(FTK) Playing the Energy Boom

The best advice I have ever been given about playing the energy boom in North America is to buy companies that don’t take the risks: Buy oil and gas services, not explorers and developers.

And one of the best energy service plays I have seen to date is Flotek (NYSE: FTK).

This...

21Feb2014 | | Comments Off on (FTK) Playing the Energy Boom | Continued

In Praise of So-Called “Junk” Bonds

It’s time to set the record straight about bonds, specifically high-yield bonds.

Since the bad ol’ days in the 1980s, when Michael Milken and his cronies at DLJ ruined the reputation of high-yield bonds – that’s where the term “junk bonds” came from – they have been the whipping...

19Feb2014 | | Comments Off on In Praise of So-Called “Junk” Bonds | Continued

Good News for Stock Pickers

August 23, 2013
The decline in correlations has become a trending topic among stock market strategists. The monthly returns of individual U.S. stocks are diverging from the Russell 1,000 index. Depending on who you ask, this is either a positive occurrence for stock pickers or a sign that fund...

13Nov2013 | | Comments Off on Good News for Stock Pickers | Continued

(CLMT) A High-Yielding MLP? Look Closer

Master limited partnerships (MLPs) are known for paying attractive yields, but 24.2% is extraordinarily high, even for this category of investments. So, when a member called up asking how Northern Tier Energy L.P. (NTI) could have such a high indicated yield, I was admittedly perplexed. High yields...

11Oct2013 | | Comments Off on (CLMT) A High-Yielding MLP? Look Closer | Continued

AAII Sentiment Survey: Investor Attitudes Remain Volatile

June 6, 2013

Individual investor’s short-term outlook for stocks remains volatile, as is evident by the latest AAII Sentiment Survey. Bullish sentiment fell 6.5 percentage points and bearish sentiment rose 9.3 percentage points.

Bullish sentiment,...

10Oct2013 | | Comments Off on AAII Sentiment Survey: Investor Attitudes Remain Volatile | Continued

(FTI) FMC Technologies and Royal Dutch Shell Cut a Deal

Maker of oil drilling equipment, FMC Technologies Inc. (FTI) inked a deal with Royal Dutch Shell plc (RDS.A), one of the largest integrated energy firms in the world.

Per...

2Oct2013 | | Comments Off on (FTI) FMC Technologies and Royal Dutch Shell Cut a Deal | Continued

(TOT) TOTAL S.A. Gets a New Partner in Congo

Integrated oil and gas company TOTAL S.A. (TOT) and Qatar Petroleum International (QPI) signed an agreement to develop oil projects in Congo. Per the agreement Qatar Petroleum International will acquire a 15% share of Total E&P...

12Sep2013 | | Comments Off on (TOT) TOTAL S.A. Gets a New Partner in Congo | Continued

(FCX) Freeport-McMoRan Copper & Gold and Plains Exploration & Production Merger Gets Shareholder Approval

Mining giant Freeport-McMoRan Copper & Gold Inc. (FCX) said that its proposed takeover of Plains Exploration & Production Company (PXP) has been cleared by...

1Sep2013 | | Comments Off on (FCX) Freeport-McMoRan Copper & Gold and Plains Exploration & Production Merger Gets Shareholder Approval | Continued

(AA) Alcoa Cuts Energy for Wheels

Alcoa Inc. (AA) announced that its Alcoa Wheel and Transportation Products casthouse expansion at Barberton, Ohio, facility is expected to cut down half of the total amount of energy that is used to recycle aluminum for forged wheels....

27Aug2013 | | Comments Off on (AA) Alcoa Cuts Energy for Wheels | Continued

(GMO) Rio Tinto Reaffirmed at Neutral

We reaffirmed our long-term Neutral recommendation on Rio Tinto plc (RIO) on May 22, 2013, as risk reward remains fairly balanced for the stock at this juncture.

Why the reiteration?

Rio Tinto announced...

25Aug2013 | | Comments Off on (GMO) Rio Tinto Reaffirmed at Neutral | Continued

(MMP) Magellan Midstream Partners L.P. Shares Slip to Hold

On May 21, Zacks Investment Research downgraded Tulsa, Okla.-based publicly traded energy pipeline partnership, Magellan Midstream Partners L.P. (MMP) to a Zacks Rank #3 (Hold).

Why the Downgrade?

Magellan...

23Aug2013 | | Comments Off on (MMP) Magellan Midstream Partners L.P. Shares Slip to Hold | Continued

(STO) Statoil ASA to Procure FSO Unit

Norwegian major Statoil ASA (STO) announced that it would procure a floating storage and offtake (“FSO”) unit from Teekay Offshore Partners L.P. (TOO). The FSO...

22Aug2013 | | Comments Off on (STO) Statoil ASA to Procure FSO Unit | Continued

(EPD) Enterprise Products Partners, L.P. Poised at Neutral

We reaffirmed our Neutral recommendation on leading master limited partnership Enterprise Products Partners, L.P. (EPD), on May 20, 2013. Riding on growth from record throughput volumes in its fee-based businesses, the partnership...

20Aug2013 | | Comments Off on (EPD) Enterprise Products Partners, L.P. Poised at Neutral | Continued

(RIG) Transocean Updates Fleet Summary

Offshore drilling giant, Transocean Ltd. (RIG) recently issued a Fleet Update Summary for the period commencing Apr 18, 2013 to date. The value of all the new deals and extensions in the same time frame is estimated to be roughly $662...

20Aug2013 | | Comments Off on (RIG) Transocean Updates Fleet Summary | Continued

(TSO) Tesoro Logistics LP and Tesoro Ink a Deal

Independent refiner Tesoro Corporation (TSO) announced that it has entered into a deal with its affiliate Tesoro Logistics LP (TLLP).

Per the contract, TLLP...

15Aug2013 | | Comments Off on (TSO) Tesoro Logistics LP and Tesoro Ink a Deal | Continued

(EAC) Erickson Air-Crane Purchases Five Aircraft

Evergreen Helicopters, Inc. (“EHI”), a wholly owned subsidiary of Erickson Air-Crane Inc. (EAC), has purchased five aircraft worth $10.1 million from a third party, which were earlier hired under lease. These aircraft comprise...

15Aug2013 | | Comments Off on (EAC) Erickson Air-Crane Purchases Five Aircraft | Continued

(OII) Oceaneering International and Saipem in a Deal

Oilfield services company Oceaneering International Inc. (OII) has inked a deal with Italian oil and gas contractor Saipem.

Per the contract, Oceaneering will provide ten subsea production control umbilicals and two electrical...

13Aug2013 | | Comments Off on (OII) Oceaneering International and Saipem in a Deal | Continued

(NOV) National Oilwell Hikes Dividend

Global large-cap energy equipment maker, National Oilwell Varco (NOV) has recently increased its quarterly cash dividend payment by 100% to 26 cents per share, up from 13 cents per share paid in the previous quarter. The new dividend...

10Aug2013 | | Comments Off on (NOV) National Oilwell Hikes Dividend | Continued