DiviMo's Blog : Latest entries

JPM (J P Morgan)
STOCK valuation has dropped 30 billion but JPM  will make 18 billion fiscal year 2012...more than enough to pay off 2-4 billion in trading losses. JPM also will gain some in tax savings.
 stock pays a dividend,  at the moment about 3.5%..Dividend is safe. It was declared on May 15. ex div date is july 3. 
 JPM's trading fiasco was one time, non-recurring event.
As you know, RTMB thrives on market opportunity.
RTMB is not ready to buy it today but it…

The overall market has been down so far this month. Yet, certain selective sectors have continued to perform. Taking a clue from MightyMo's 'weekly momentum list' here's what we find:

HOMEBUILDERS


TOL brothers
LEN Lennar
DHI DR Horton 

      ALL  UP last 5 days

 DOLLAR STORES        


DLTR Dollar tree
FDO  Family Dollar
DG    Dollar General

     …

Here's a list of stocks... since the beginning of the year... that have bloated, percolated, matriculated, soared, whatever you want to call it; bottom line they have climbed up in price value. These are stocks you wished you owned at the beginning of the year:

APPLE (AAPL 603) ... UP 49 %
PRICELINE (PCLN 762).. UP 63 %
TATA MOTORS (TTM  29.83) .. UP  76.5 %
BANKAMERICA (BAC 8.25) ...UP 48%
USG CORP (USG 18.31).................UP 80%
PULTE HOMES (PHM 10.07)....UP 59.5 %
SEAGAT…

Mark it down.
On wall street there are certain events, certain days, where the market trend turns direction. In March 2009, the market hit a low until Citigroup came out with earnings that surprised upwards. That day, the market turned upwards and initiated the start of a bull market.
Mark the last day of April for the confirmation of a turn in the home building sector. Oh, the sector has done decent this year but yesterday a number of home builder stocks made good moves.
Today, the Wall Stre…

Holding two telecoms... Verizon and ATT.
The dividend yield is excellent on both of these. However, with both up big today, it was considered a good time to sell one of them and take profit...they both could continue to climb but we need to hold only one of them. RTMB sold Verizon (VZ) as it climbed in combination with ATT's big day. It was felt that the principal used in buying VZ could be better utilized into buying one of our watch list momentum stocks. We took a very good profit in VZ …

She enjoys the coffee but she prefers the 'Status' even more. She brings her corporate bitch friends with her sometimes. Of course, it's silent but then they see which bitch  buys the most expensive refreshment. Status my friend, nothing like it.
STARBUCKS know what it is doing. Human behavior it's call. First off, the coffee, which humans can get addicted to. Then vary the coffee with different addictives and give it a fancy name, up the charges of course. The fancier the name, …

What does the smart money do? Well, in a raging bull market, buy strong  good stocks on DIPS. Nothing on the horizon suggests any change in this ongoing raging bull makret.

The bears might be pretty upset. Perceived poor job numbers for March came out and the market is closed today.
OK,  200,000 plus new jobs to the economy was expected and the number was 'only' 120,000. That's the bad news. Now here's the good news.
The unemployment rate dipped to 8.2 percent from 8.3 percent.
ADP, the payroll processor, reported on Wednesday that private sector employment gains reached 209,000 in March. This is factual data that doesn't jive with the Government job report…

Wasn't any doubt.
IN APPLE WE SOAR
 

CONN is one of ten new momentum stocks we recommended  in a prior article to put on your watch list.
CONN (Conn’s, Inc.) is a regional  specialty retailer of electronic, appliance,  furniture and garden products.
CONN's stock is on a tear. It has risen lately from the low 4's to 19. It's done this while other electronic retailers are facing tough times, such as Best Buy and Radio Shack.
CONN methodology also lends itself to be in the  financial credit business.
…