Gold Stock Index (XAU) - 4th Most Oversold Weekly RSI in History

Written by MrStockFox. Posted in Trade Ideas

The XAU is now the 4th most oversold reading in its history.  I stated several weeks ago that it was likely that the gold stocks could head lower, especially if gold didn't put in any meaningful bounce.  The gold stocks have been showing for a couple weeks that there was considerable weakness in the sector.  

At this point I do expect a test of 64 area which is the low of 2008.  From there I would expect a trade-able bounce all the way back up to 80 level.  Once it became apparent that gold stocks were going to head lower, I stopped adding to my positions.  For now I will continue to hold what I own and may add a little on the test of 64.  At this point I am only interested in select juniors that are cashed up, and the royalty companies such as FNV, RGLD, and SLW.

I also want to note the volume on the GDX today.  It was about 2-3x the normal, with it trading over 110 million shares.  It could be we are very close to a capitulation event in this sector. 


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Dividend Increases - 10-29-14

Written by MrStockFox. Posted in Dividends

bp

BP (BP) declared $.60/share quarterly dividend, 2.56% increase from previous dividend of $0.585. Forward yield 5.6%.   My portfolio consists of 29 shares of BP, which increases my annual dividends to $69.60. My yield-on-cost is is 5.22%.

aflac

Aflac (AFL) declared $.39/share quarterly dividend, 5.4% increase from previous dividend of $0.37. Forward yield 2.6%.   My portfolio consists of 10 shares of AFL, which increases my annual dividends to $15.60. My yield-on-cost is is 2.5%.

 


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Weekly Purchases - 10/25/14

Written by MrStockFox. Posted in Weekly Update

india

Photograph(above):

To add some variety to the website, I am providing photographs from some of my travels.  I took the following photograph, in 2011, in India.  The heat is India was incredibly hot when I visited, with 114 degree heat.  

I was out of town on vacation for the last 12 days, so much of what you see below are purchases from the last several weeks.

I Bought:

Dividend Income Portfolio (Total increase in income = $95.58)

$112 of Chevron (CVX) - This will increase my annual dividend by $4.28

$50 of BP (BP) - This will increase my annual dividend by $2.34

$50 of Seadrill (SDRL) - This will increase my annual dividend by $8

$175 of GlaxoSmithKline (GSK) - This will increase my annual dividend by $10.36

$250 of General Electric (GE) - This will increase my annual dividend by $8.80

$200 of American Realty Capital (ARCP) - This will increase my annual dividend by $18.00

$1000 of ConocoPhillips (COP) - This will increase my annual dividend by $43.80

Loyal3 Purchases (Total Purchases = $420 )

$175 of Unilever (UL)

$50 of Google (GOOGL)

$25 of Mattel (MAT)

$25 of Kraft (KRFT)

$10 of Starbucks (SBUX)

$25 of McDonald's (MCD)

$25 of Microsoft (MSFT)

$25 of Intel (INTC)

$25 of Kellogg (K)

$25 of Coca Cola (KO)

$10 of Dr Pepper Snapple (DPS)

I Sold:

If you wish to view all my completed trades, you can find them located here.

5 shares of GNTX for a overall gain of 8%


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Dividend Increases - 10-23-14

Written by MrStockFox. Posted in Dividends

omega

Visa (V) declared $.48/share quarterly dividend, 20% increase from previous dividend of $0.40. Forward yield .90%.   My portfolio consists of 1 shares of V, which increases my annual dividends to $1.92. My yield-on-cost is is .90%.

I eventually plan to add to my position in Visa and take it up to 2-3% of my portfolio.

kinder

Kinder Morgan (KMI) declared $.44/share quarterly dividend, 2.3% increase from previous dividend of $0.43. Forward yield 4.59%.   My portfolio consists of 97 shares of KMI, which increases my annual dividends to $170.72. My yield-on-cost is is 4.89%.

omega

Omega Healthcare Investors (OHI) declared $.52/share quarterly dividend, 2% increase from previous dividend of $0.51. Forward yield 5.58%.   My portfolio consists of 2 shares of OHI, which increases my annual dividends to $4.08. My yield-on-cost is is 6.76%.


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