Sunday, June 19, 2011

What a nice bath investors have taken lately

The recent market sell off has been nice, but I'd like to see more and if we don't get it this coming week with the pending Greece disaster, I think we'll get it this earnings season in July, as I don't think the forecasts for the rest of the year are going to expectations.

A couple of stories we like, Novatel (NASDAQ: NVTL) has made a nice move since we started buying under 5 and I don't care what the critics say, I like Cisco (NASDAQ: http://finance.yahoo.com/q?s=csco&ql=1) down under 15. You've got to be willing to buy when others won't to make the real money. CSCO will right its ship over the next couple of years and in the mean time, there's that 1.6% yield. It's not huge, but nice to collect it while waiting for 20+.

Looking to put together the Model Portfolio when this market gives up a bit more.

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Wednesday, June 1, 2011

What a day

Remember what we've said about huge sell offs that happen toward the beginning of the month -look out below! I admit, this market has been tricky and today may end up being just another blip, but today didn't look good. This might be the beginning of a long, hot, nasty summer in the market

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The Vix

About This Blog

Where we rant and rave about the market and of course give our opinions on stocks we love or hate. We're not advisors and urge you to conduct your own due diligence.

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