- an excellent update on S&P earnings so far in Q1 http://fundamentalis.com/?p=6876
- one of the areas i have been poking recently was in a good BlackRock blog this week – Emerging Market Bonds https://www.blackrockblog.com/2017/04/28/emerging-market-bonds-2
- another insightful article – a couple of things in it worth some hard thinking: a) the size of debt and liabilities at both fedral and state levels and b) the threat to job loss in white collar work due to IA / knowledge automation https://www.advisorperspectives.com/commentaries/2017/04/28/the-message-of-the-bond-market
- some good reminders here – aligned with my approach to consider myself buying companies https://www.advisorperspectives.com/commentaries/2017/04/27/think-like-a-business-owner-in-european-equities
- the #2 reason here – http://www.dividend-growth-stocks.com/2017/04/my-top-3-investing-mistakes.html – is behind the model i created in my ‘relative comparison’ it takes averages of history and predictions and looks at dividend and value (based on rev and profit) 2-5 years forward depending on data quality (in the predictions)
Commentary -> I did follow thru and removed a bit of INTC from taxable account and sold the remaning CAH. I also took profits on the UMPQ trade position that i took – gross return was ~7% for a <30 day hold; this could be a repeating pattern between $16 and 18. As much as i wanted to take a couple of new positions (expanding current ones too); the prices just did not hit my trigger target so i held off … of interest right now: T, VZ, VNQ, O, FPI, and TSCO (on the latter, i have yet to convine myself that a) rural US will avoid further declines and b) TSCO can hold sales against the others, e.g., WMT, AMZN, HD … i am also watching ETFs carrying China, India and other emerging markets. I have yet to find the best way to invest there.
Watching ahead next week … mostly irrational moves and reactions to macro and political perceptions. One observation is that since the US election, the market has reacted to perceived / anticipated events more than to fundamental facts. I will stay focused on the facts, and react when others ignore them and create opportunities.