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Open Thread: What Are You Buying/Selling/Pondering

edited December 2014 in Fund Discussions
Sold O, added to THQ, BPY, PRHSX, CHSCN.

Comments

  • Great thread, Scott!
    Lots to think about in these kinds of threads, looking to buy now and in the beginning of 2015. FSENX (large CAP energy stocks) is in a prime position to buy MLP's and small drillers that are heavily debt laden, have land and can be bought on the cheap. There has to be blood before this is over. Also, FNCMX is the only index not to hit new heights. Yet, I was going to go Russel 2000, but John Chisum made a remark concerning Russell 1000.....that got me thinking. So far, this is the 2015 agenda.
    God bless!
    Puddn
  • Recently moved our junk bond position to investment grade. Junk bonds have a fairly large exposure to oil company debt and with oil prices down, there could be more defaults.
  • Building positions in PEO, OKE, OKS and a few oil related preferreds beaten down of late. Patience is the word.
  • Looking for bargains in all the (wrong) Places.....are none...maybe that's a good thing....Oil a little lower..... maybe major oil Co.s with big dividends
  • edited December 2014
    I am really conflicted....VGHCX hit a dollar threshold where it's due for a 30% haircut per my established portfolio guidelines. The problem is, it's been on fire and I may look back on this as a foolish and profit limiting re-balancing exercise. I am thinking about just letting the year-end distribution go to cash, and then direct that to the divi payors I had earmarked for the larger allocation.

    Frankly, I admit this is not the worst problem to have.
  • edited December 2014
    During the month of December I am not doing much of anything concerning adding to or selling any of my current positions. In addition, I am taking most all of my mutual distributions in cash and plan to revisit my portfolio in January to see where the better investment opportunities might exist and how my portfolio’s asset allocation along with the secotors bubble. I am most concerned what the possible effects of a rising interest rate environment might have on some of my investments and, with this, I might be reconfiguring my portfolio somewhat come the first and second quarters of 2015.

    I guess, you might say I am watching things closely and will tweak as I feel warranted.

    Old_Skeet
  • beebee
    edited December 2014
    PRESSmUP said:

    I am really conflicted....VGHCX hit a dollar threshold where it's due for a 30% haircut per my established portfolio guidelines. The problem is, it's been on fire and I may look back on this as a foolish and profit limiting re-balancing exercise. I am thinking about just letting the year-end distribution go to cash, and then direct that to the divi payors I had earmarked for the larger allocation.

    Frankly, I admit this is not the worst problem to have.

    Nice problem to have. With long term persistent smooth upward momentum (something Junkster would be proud to own) why not monitor for a 20 or 50 day crossovers to the 200dma. No sell signals over this last three years using this method.

    Here's an article from Seeking Alpha that might be of interest:
    no-one-ever-went-broke-taking-profits
  • Bee,
    Thanks for posting that link, very interesting, I battle with when to sell too. Right now have a couple of small holdings which are approaching a double and im watching very carefully. Earlier in year sold gilead when I hit 75% profit, sold, then watched it rise another 30%. Because I have health care funds, I have exposure to it, so no biggie. My stock portfolio is much smaller than my fund holdings, which I don, t tend to sell too often, just tweak a bit. But I still vacillate on those stocks now and then.Trust me, not all of my stocks are winnerswhere I have to decide when to sell, have some stocks that have lost too. But so far, winners seem to be outweighing the losers. LOVE YOUR POSTS! Always informative.
  • going to switch money from various mfunds into DSENX

    putting spec money into ACHN, also COG and REXX (very depressed, oversold)
  • edited December 2014
    Oil.

    Back into APA.

    May do more or less, depending on trend.

    OXY. HES. Yes even, XOM.

    c
  • Took a portion of ARYVX and opened a new position in AMJVX.
  • Picked up OXY today. Then, rotated out of APA to double-down on OXY.

    But the whole sector continues to head south.

  • Buying CIE and GAGEX. Watching ebay for an entry point for a long term holding.
  • Finished funding my IRA's in November. Waiting on EOY payouts and rebalance in Jan.
  • Charles said:

    Picked up OXY today. Then, rotated out of APA to double-down on OXY.

    But the whole sector continues to head south.

    Charles....I've been looking at RDS.A or CVX to add to the income sleeve, but this sure looks like the knives are still falling.
  • Charles, what the... you posted you are "back into APA", then 13 hours later your out of APA. Why the change of heart?

    P.s. bought a little APA today. Bought some AMAG last week.
  • edited December 2014
    @MikeM.

    No change of heart. I've watched the stock drop what 40% in last three months...? So, got back in couple days ago...but set an additional 6% stop. And, it hit it!

    I've actually been looking for chance to get into OXY for a while, cause of stewardship, dividends...I don't believe it cut its dividend even through the 2008 melt down. When it pulled back today, even more than APA, I got in and then rolled over APA. Believe OXY will offer a bit more downside protection while "knives are still falling."

    But honestly, I like them all...HES, APA are both great turn-around and activist plays, perhaps even take-over candidates...XOM, well, it's XOM...Buffett likes it =).

    And all could rocket higher when sentiment turns...and eventually will.

    Wishing us both luck.
  • edited December 2014
    Added to GILD

    As for OXY, doesn't that have a spin-off coming soon? (Nevermind that already happened lol.)
  • If you are in the least speculative, it is hard to see much downside to REXX and COG, both companies in good financial shape and hugely depressed.
  • Last week I sold out my EVBAX shares and split the proceeds between RSIVX and ARTFX.
  • edited December 2014
    Hi mnzdedwards,

    So that is why cash has recently gone for plus twenty percent to about sixteen percent for EVBAX. I am still with this fund as I believe that it's manager, Kathleen Gaffney, has been recently buying plus, no doubt, there have been some redemptions. According to a recent Morningstar's Instant Xray analysis its current asset allocation is about 16% cash, 19% stocks, 42% bonds and 23% other.

    I plan to stick around because I feel through a full market cycle this will be a good performing diversified income fund as Ms. Gaffney was trained by the legendary Mr. Dan Fuss and it has the flexibility to roam within a broad spectrum in pursuit of opportunity.

    Old_Skeet
  • edited December 2014
    Exchanged PIMIX for PMZIX, added to ETHYX, continued a slow dca into NEXTX, and started a position in QMNNX, AQR's new, mostly quant, market neutral fund. Thought hard about DDG (short oil & gas) (first started tracking it 4 months ago but procrastinated), but didn't bite, thinking most of the upside could be history by now.
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