Posts by: Martin Hutchinson
Cushion Your Falls With This Stage Three Put Option
Cushion Your Falls With This Stage Three Put Option
Alert #50
Dear Reader,
The market was strong this week, but our Alpha Bulldog investments and Play-Money Commodities Portfolio both outperformed it. With the market at such highs, I think it’s time to enter into a further protection strategy against a big decline.
When we started the Permanent Wealth Investor [...]
Stock Up on Alpha Bulldogs in Telecom
Stock Up on Alpha Bulldogs in Telecom
Alert #49
Dear Reader,
The market was moderately strong this week, and our Alpha Bulldogs followed it, with
the oil partnerships Encore Energy Partners LP (NYSE:ENP) and Linn Energy LLC
(NASDAQ:LINE) showing particular strength. The Play-Money Commodities Portfolio
did well too, largely due to a stellar performance by Cliffs Natural Resources Inc.
(NYSE:CLF), which [...]
An Alpha Week for Earnings and Dividends
An Alpha Week for Earnings and Dividends
Email – #47
Dear Reader,
This has been a newsworthy week for our Alpha Bulldogs and a remarkable one for our Play-Money Commodities Portfolio.
Frontier Communications (NYSE:FTR) and Windstream Corporation (NYSE:WIN) both declared their regular 25 cent dividends. Keep an eye on both of these companies. Their earnings and cash flow are [...]
Two Near Misses, But We Keep Looking…
Two Near Misses, But We Keep Looking…
Dear Reader,
The drop in stock markets over the past few weeks has made our search for Alpha Bulldogs quicken – yields have risen, so there are somewhat more of them about. In addition, the sale of Cherokee Inc. (Nasdaq: CHKE) has given us some cash, which would be good [...]
Alpha Bulldog Alert – Sell CHKE
Alpha Bulldog Alert – Sell CHKE
Email – 45
Dear Reader,
The market fell out of bed last week, though it recovered on Monday to close slightly down on the week. Traders seem to have become less convinced that the global economic recovery was for real. That meant that gold and commodity stocks got knocked down particularly badly. [...]
What All of Last Week’s Events Really Mean
Alpha Bulldog Alert – What All of Last Week’s Events Really Mean
Email #44
Dear Reader,
Politically and in the market, a lot changed last week.
Scott Brown’s win in the Massachusetts Senate election removed the 60th vote necessary to overcome a filibuster from Senate Democrats.
Thursday, President Obama proposed a bank restructuring plan favored by former Fed Chairman (1979-87) [...]
The Permanent Wealth Investor Portfolio
Stock
Buy price
STOP
price
Next
Div.
Ex. date
Current price
Divs. Rec’d
Return %
Remarks
Alpha Bulldogs
POM
12.35
13.00
N/A
3/8
16.93
0.81
45.7%
FTR
7.48
5.62
N/A
3/7
7.49
0.75
10.2%
BGS
9.50
7.12
N/A
3/28
9.49
0.34
3.5%
PSEC
10.00
7.50
N/A
3/29
12.55
1.2225
37.7%
ENP
16.49
12.37
N/A
2/5
20.34
1.05
29.7%
CHKE
20.13
15.10
N/A
2/27
17.26
1.00
-9.3%
WIN
8.31
6.23
N/A
3/29
10.65
0.50
34.2%
CH
15.65
11.76
N/A
3/18
19.25
0.36
25.3%
LINE
24.52
18.39
N/A
2/4
28.25
0.63
17.8%
BKCC
8.08
6.06
N/A
3/17
8.63
0.32
10.8%
CLMT*
0.455
1/29
19.99
N/A
Stage 3 Investments
SPL XJ-E
25.00
None
N/A
N/A
1.60
N/A
Hedges against market crash
SZJ XR-E
25.00
None
N/A
N/A
13.2
N/A
Hedges against market crash
TBT
50.11
40.09
N/A
N/A
48.59
N/A
-3.0%
Hedges against int. rate rise
GDX
40.80
30.60
N/A
N/A
47.42
N/A
16.2%
Hedges against inflation
Play-Money Commodities Portfolio
CLF*
38.68
25.79
0.0875
2/11
49.75
0.0875
28.8%
EGO
11.90
8.33
N/A
N/A
14.50
N/A
21.8%
SVM
5.59
3.91
N/A
3/28
6.78
0.02
21.6%
TCK
32.97
23.08
N/A
N/A
39.75
N/A
20.6%
Return: Price change plus dividends received since purchase (un-compounded)
* Currently in the “Alpha Bulldog” position of having declared but not yet paid a dividend
Alpha Bulldog performance since April 24: [...]
Time to Bid an Alpha Bulldog Goodbye
Email – #42
**Time to Bid an Alpha Bulldog Goodbye
Dear Reader,
As new Alpha Bulldogs come along, it’s time to say farewell to old ones that maybe have not quite fulfilled their true potential. Nisource (NYSE:NI) has been part of our portfolio since we began last April and has given us a total return of around 50%. [...]
A Look at the Decade Ahead
Email – #41
**A Look at the Decade Ahead
Dear Reader,
Happy New Year and new Decade! The 2000s was a decade of improvement for Alpha Bulldog investors. In 2000, the dividend yield on the Standard and Poor’s 500 Index was around 1%, and the general view was that dividends were irrelevant in the new tech age. Then, [...]
Good News — and a Near-Miss Alpha Bulldog
Email – #40
**Good News — and a Near-Miss Alpha Bulldog
Dear Reader,
There was more good news on the income front this week. The Chile Fund (NYSE:CH) declared a 36-cent dividend, which it will pay on January 15 – it has already gone ex-dividend. Meanwhile Prospect Capital (NYSE:PSEC) has increased its dividend marginally again, to $0.40875 per [...]
