18 Sep FedEx – Update
FedEx reported earnings after the close last night that were below analysts’ estimates and further reduced their 2020 outlook from $13.25/share to $10 - $12/share. That is a huge reduction and the stock...
12 Aug Consumer Confidence
Consumer confidence is probably the single most important factor keeping the U.S. economy growing. As you can see from the chart above confidence is near record highs. A significant decline in the stock...
14 May May 14th 2019 Market Comment
The market’s reaction to increasing trade tariffs with China has been understandably negative. The economy has been showing signs of slowing and if this continues to drag on it will likely only amplify...
19 Feb Coast to Coast
Since the December 19th letter I sent out, the markets have gone coast to coast – from severely oversold to slightly overbought. What a difference a little time can make. The stocks mentioned...
19 Dec Grinch Go Home!
On October 4th I sent out a note expressing my concerns about the stock market due to the price declines in certain key industries (housing & auto’s) along with the number of stocks...
04 Oct Whirlpool Update & Market Thoughts
Whirlpool continues to decline substantially from where we originally purchased the stock ( -30%). At this point it has reduced the value of the portfolio by a little more than 1%. As a...
03 Apr That Was Fun While it Lasted – Now What Do I Do?
For the last couple of years what has worked exceptionally well in the stock market has been an exciting story along with above average sales growth. Money has flowed into these types of...
08 Jan Shooting Fish in a Barrel?
Wow, 2017 turned out to be quite a year! All the major indexes recorded gains of over 20%, hitting all-time record highs while volatility was hitting an all-time record low. A new record...
14 Nov An Update on General Electric and Cameco
I regretfully elected to sell General Electric today @ $18 after listening to new CEO John Flannery discuss the current outlook for the company and the prospects going forward. I should have made...
05 Sep Portfolio Update – September 2017
A few comments on both new and existing additions to the Top Holdings. The companies mentioned are all leaders in their respective industries and because of near term concerns have declined to a...