Birchtree's Account Talk

[moorelmm]

I have both of these stocks and holding for the long term.

They both have had a nice run up....they are probably at the top. When the markets moving down ETP trends to follow but FE has been pretty steady an holding.

I have made some nice dividend returns on these stocks.

Good luck.

 

[Birchtree]

You are correct about the ex-dividend dates - and I own FE as a member of my core portfolio - not sure about ETP though but Cramer seems positive on it.

 

[MaStA]

You are correct about the ex-dividend dates - and I own FE as a member of my core portfolio - not sure about ETP though but Cramer seems positive on it.

Yeah I just read Cramer's article about dividend stocks and came across them. They do seem to be at their peak, but I was thinking I could catch the dividend and bail...but if the stock plummets it could take away the entire dividend and I would be left with no gain and possibly a loss...hmm. Why am I no good at researching these things early enough to catch an up wave. I suck at this stuff...

Also if you sell a stock on or after the ex-dividend date...how do you receive the dividend on the payout date exactly? Will you just see cash go into your brokerage account from the dividend or will it reinvest it back into the stock and give you X amount of shares?

Thanks for the help guys!

 

[Birchtree]

You're missing the blessing - if the stock goes down and you reinvest the dividend you end up with more shares and a higher paying dividend three months later. I have 12 dividends paying today and I'll be paying up for my shares but they will still be cheaper than three months from now.

 

[MaStA]

You're missing the blessing - if the stock goes down and you reinvest the dividend you end up with more shares and a higher paying dividend three months later. I have 12 dividends paying today and I'll be paying up for my shares but they will still be cheaper than three months from now.

I'm just worried the top is near for the short term on these stocks since both are right on the 52 week high. Doesn't mean they can't go higher, but who knows?

 

[Birchtree]

The Shadow knows and all boats will float - this bull is going to run for several years especially with a slow economy and no inflation. The Fed has no reason to shut the bull down.

 

[mayday]

The Shadow knows and all boats will float - this bull is going to run for several years especially with a slow economy and no inflation. The Fed has no reason to shut the bull down.

And Obama wants votes.

 

[Birchtree]

Pimco's Gross says the Fed wants a 5% GDP and that more QE is coming - bring it buddy, make me rich.

 

[Birchtree]

In the 1990s equity markets in the US rallied as the US dollar rallied as well. The main idea is that under the fall melt-up scenario, do not let currency movements trick you into thinking that a strong dollar is bearish for equities - look at today for instance. If anything, it would further the case for a grand surprise in risk assets into the end of the year. If you want to cut and run be my guest - the bus travels faster with fewer riders on board. Valuations are setting this market up foir a strong 3 to 5 years. Today's equities trade at 10.2 times 2012 forecast earnings - that is the cheapest since 1957 when it was 13.7 times forecast earnings.

 

[Birchtree]

Sell in May and Go Away? Not this Year | Frank Holmes | Safehaven.com

 

[mayday]

Sell in May and Go Away? Not this Year | Frank Holmes | Safehaven.com

I thought you wanted people to cut and run. That article really confims the opposite.

 

[Birchtree]

Ya, but most people don't believe a word I say. SPX 1500 is right around the corner and the celebration will be attended by only a few - that's more food and drink for myself and Ferdinand.

 

[Birchtree]

CHK is really taking heat - as a contrarian I may take a bite if it gets close to the $10 mark. Currently cleaning up on my previous housing stock purchases on their bottoms.

 

[Birchtree]

The NASDAQ just went positive along with the Transports - the DJUI is hitting yearly highs - get ready for the Grand Trunk to roll past the platform.

 

[Birchtree]

If the coal stock sell off continues I'll have to learn how to walk on a hot coal bed - I'm going to hold my positions and add to them. I suspect the EPA will go the way of POTUS. I have the advantage of diversification so I can handle the pain from the burns. As I look back I bought my first position in DHI (D R Horton) at $6.70 on 10/30/08 and have dollar cost my positions all the way to $14.02. This stock is now pushing $18 and gives me a pleasant profit. I knew I wouldn't make any money on any of my home builders for several years - but that is precisely why I bought them.

 

[Birchtree]

"The first resistance is the yearly highs at 1420 on SPX. The next target is 1500, which then clearly brings up the possibility of the all-time highs for SPX near 1570. At this popint all we know for sure is that we have an upside breakout, and there is technical support for it. It is always the case that a new, emerging bullish phase should be accompanied by overbought breadth readings. It shows that the advance is strong and wide."

The technicals are bullish - Lawrence G. McMillan - MarketWatch

 

[Birchtree]

At what price will GMCR be ready for a Birchtree purchase - Green Mountain is a bargain right now but I can wait for closer to $20.

 

[Birchtree]

The Dow is currently down 115 points - I predict it will close only down about 30 points. Let the foolish bears get out of the way of the Grand Trunk - the hoofhearted will be playing on the rails.

 

[Birchtree]

Well so much for any turn around for today - push it then down 200 points and get the pain over with. We've seen so many of these nervous nelly days it's rather common place. We're still in a bull market - we just need a little shakin to keep amoeba out.

 

[Birchtree]

Well this does feel like a natural head fake consolidation - one who buys right must stand still in order to run fast. Now is an excellent time to buy in.