Wary on Stocks Short-Term, Bullish Long-Term - Barrons.com
One of our best clients forwarded this to me. I thought this was interesting since Apache is is our largest holding at Sax Angle Partners, LP.. Although we lightened up it on Friday, it still…
Tea leaf reading week of Sept. 16th
One of the things we talk about in the Investment Survival Workshop is developing the mindset to think ahead. The point being is that when you have a regular exercise routine, you have goals in mind.…
Unease About QE - Barrons.com
Not much on the investment horizon except the Fed tapering. Twitter's IPO although certain to be a headline stealer won't happen for weeks. Syria is on the back burner. It's a few days early for…
Let the tapering begin
Smart money is betting on the Fed tapering to be announced at next week's FOMC meeting. Analysts believe the improvement in the labor market has met the Fed's criteria to begin trimming its…
Large insider buy at Apache- after the deal and stock run-up
Chansoo Joung a two year board member of Apache stepped up and bought 10,000 shares at $86. on 9-3-13. That's a striking buy not just for the size but for the timing. Apache announced a surprise…
Week of September 2nd 2013
Monday September 2nd Markets closed for Labor Day. That didn’t stop the futures from closing Monday morning up 16.25 S&P points, 112 Dow points. Chinese PMI numbers but mostly Syrian attack…
Very big news for Apache, bigger for us as it's our largest position
Ironic we predicted this in a blog post back in May. saxangle.com/the-very-cryptic-thing-apache-oil-ceo-said-at-bernstein-conference-today/ Besides this being the validation Apache needed for its…
US home prices rise at marginally slower pace: S&P/Case Shiller
U.S. single-family home prices rose in June, though the pace of gains slowed slightly, a closely watched survey showed on Tuesday. The S&P/Case Shiller composite index of 20 metropolitan areas…
U.S. Treasury to Hit Debt Limit in Mid-October - WSJ.com
Not sure if it was the Kerry press conference or the sobering headline about the debt shenanigans that caused the market sell off. I wish there was a way to play volatility increasing that actually…
Tampering the tapering?
We pivoted Friday, playing off the weak new home sales data, into more interest rate sensitive names. Blue chip dividend paying stocks, MLPs, bonds in general, utilities, telcos, and tobaccos have…