UPDATE ON FAX

This may be an opportune time to add to FAX (5.38) holdings.  Read following link and decide for yourself.  FAX was mentioned in this blog on 10/20/14 and on 2/16/15...  a bit early, but patience may pay in the long run.

http://www.cnbc.com/id/102513830

FOLLOWING IYG

One way to profit from the Costco decision to cut ties with American Express and go with Citi Visa is by investing in IYG (90.39), an ETF with sizable holdings on C and V.

http://www.marketwatch.com/story/costco-names-citi-visa-as-credit-partners-2015-03-02-81032148?mod=MethodeStories&link=sfmw

OIL WILL REBOUND

If you think that oil will rebound in the near future, then a good stock to place your bets is in ATW.  Expect support at the 50 dma (approx. 29.90).  Trading this a.m. at 30.62, it presents us with a buying opportunity provided support holds.

LONG ON HLX

This morning HLX is down 17% at 15.76 on lower than expected earning forecasts.  Once the dust settles, we may see a buying opportunity on the premise that today's drop is an overreaction. Slowly going long on HLX.

CYBER SECURITY PLAY

As more cyber attacks are perpetrated on banks, insurance companies and retailers; the logical sector to benefit is cyber security.  Rather than choosing one company, I'd opt to invest in HACK (28.24), a cyber security ETF.

FAX IS STILL IN FAVOR

I still like to stash some cash is in Aberdeen Asia-Pacific Income Fund, Inc. (FAX) Friday at 5.49.  Annual dividend at about 7.5% paid monthly and a strong US$ vs AUD make FAX a good prospect for continued returns which would increase as the AUD regains strength.

BETTING ON THE RETURN OF HLX

Perhaps a little bit early but this may be the right time to start buying HLX (19.00) again.  Expecting a comeback of higher oil prices, this oil services company will see better days in the future.

GDOT COULD BOUNCE BACK

After taking a beating on 1/30/15, GDOT may have found support at this level.  Trading today at 15.22 this could be an entry point since the stock appears to be oversold.

CONSIDER EWM (MALAYSIA ETF)

Closing yesterday at 13.09 EWM is ready for a turn-around.
https://www.tradingview.com/v/PDIeW260/

HLSS IS TAKING A BEATING

HLSS (14.29) cannot find support.  Cutting losses, walking away from this one.

FINISHED WITH FNSR... FOR THE TIME BEING

FNSR (19.09) has not shown enough strength to continue the near term bullish move.  We are taking about a 14% profit after 8 weeks (posted comments on 11/10/14, 11/17/14 and 12/24/14).

MORE ON FNSR

In this blog on 11/10/14 FNSR looked attractive trading at 16.82.  On 11/17/14, then at 16.67, we expected a surge as it crossed the 50 dma; it did.  Now at 19.77, FNSR still appears poised to tackle the 200 dma at 20.53.
Holding on to our long positions.

DON'T FOLLOW THE MASSES

Dow at 18,000: A buy signal for retail crowd?

.http://www.cnbc.com/id/102253774

Don't be impressed by round numbers.  Concentrate on value and quality holdings.  Be ready to exit positions when euphoria reigns

MORE ON OIL

Check out other views on oil:  http://cnb.cx/1Dsq1y8 

MARKET CYCLES "B-R-O"

It seems that over and over we see cycles in the stock sectors.  What is hated and out of favor today will turn around and become the honey of Wall Street.

From the lows of early October '11 financials and major banks have, in many cases,  doubled up in price.  This move has not seen the top and may continue.  An  ETF that follows the action of major banks is KBE.  Along those lines, a similar action has taken place in REIT sector.  Check out IYR.

Which areas of the stock market are bound for a turn-around?  In my opinion, I believe that in the coming months we'll continue experiencing trend reversals in "B-R-O" (banks, REIT's, and then oil).

The oil sector is at its worst in several years.  Patience in finding a base and an entry point where we can profit on the inevitable turn is the sign of a good investor.  The oil industry is followed closely by XOP, an ETF.  Several months from now I expect to see a reversal in prices for oil, stock value for oil producers, and the oil service industry.  It's a matter of time.

LQDT IS GETTING TRASHED AGAIN THIS MORNING

The only question left is: "what's next?".  Pre-market trading at 8.50, a new multi-year low, LQDT is taking a major beating for the third time in eight months.  Looked attractive in late April, wrong call, my bad.

RIDE THE MHLD TRAIN

Dividend at 4.0%, P/E at 10, book value at .85, and increasing earnings.   MHLD at 13.06 is hard to ignore.

FNSR UPDATE

FNSR (trading at 16.67) is still holding just below its 50 dma (now at 16.71).  Expect a spike in stock price if and when the 50 dma is breached.

TAKE NOTE OF FNSR

The stage is set for FNSR to confirm and break above the 50 dma (now at 16.87).  A close above this level could give us some happy returns.

CONSIDER BX

With dividend in the range of 6.4%, Blackstone Group (BX) closing at 29.89 today, appears to be poised for a renewed upward trend.