Mixed bag and a Slam Dunk

“The best way to teach your kids about taxes is by eating 30% of their ice cream.” ― Bill Murray The Portfolio Our blog portfolio continues to perform well and volatility remains low. Year-To-Date the portfolio is up +17.84%. While the markets had a little sell off today ahead of the Feds decision, the blogs portfolio remained relatively calm. Earnings Season Continues Today MasterCard and Sony reported earnings. MasterCard was a terrific call while Sony presented a mixed bag that required some deep looking through blurry glass. MA 7-30-2019 EXPECTED: Mastercard Incorporated is expected* to report earnings on 07/30/2019 before market open. The report will be for the fiscal Quarter ending

I'm Really Sorry - Beyond Meat

“The safest way to double your money is to fold it over once and put it in your pocket.” ― Kin Hubbard The Portfolio Our blog portfolio continues to perform well and volatility remains low. Year-To-Date the portfolio is up +17.72%. While the markets had a little sell off today ahead of the Feds decision, the blogs portfolio remained relatively calm. I'm Sorry - Beyond Meat In my last post I cautioned investors on the stock of Beyond Meat. While I was making a call about the tragedy lurking on October 29th when the restricted shares come off lock up; I didn't see the mess that management was going to present today on the earnings call. Namely, announcing a secondary stock offering after j

Beyond Meat?

“The trick is to stop thinking of it as your money.” ― Anonymous IRS Auditor The Portfolio Our blog portfolio continues to perform well and volatility remains low. Year-To-Date the portfolio is up +18.43%. Our benchmark, the S&P 500 is up a stunning +20.45% YTD and closed at 3,019. Beyond Meat? Or Beyond Bananas? Plant based protein products have become all the rage and supplanted cannabis as the next big thing. While you may want Beyond Meat on your dietary menu, I don't think it has any place in your investment menu. I rarely write bear articles, I just ignore the company and move on to better investment opportunities. However, this time I wanted to speak up because I see a greater p

NOC Beat & Raised!

“When buying and selling are controlled by legislation, the first things to be bought and sold are legislators.” ― P.J. O’Rourke The Portfolio Our blog portfolio continues to perform well and volatility remains low. Year-To-Date the portfolio is up +18.43%. Our benchmark, the S&P 500 is up a stunning +20.45% YTD and closed at 3,019. Earnings Season Continues Our portfolio companies continue to report earnings, with Northrup Grumman Corporation up today. So far every company in the portfolio has been a meet or beat in terms of earnings and revenue. Most have provided guidance indicating continued growth. It's very difficult to buy into all the negative analyst commentary when such a dive

Selling A Bank Today

“If you want to invest in something with minimum risk and a guarantee of a big return, Invest in yourself” ― Unknown The Portfolio Our blog portfolio continues to perform well and volatility remains low. Year-To-Date the portfolio is up +17.8%. Our benchmark, the S&P 500 is up a stunning +19.89% YTD. I'm still looking for good buys, unfortunately what I'm finding is a pattern I would prefer not to find. High quality companies and companies that pay a solid dividend (bond proxy's) are expensive. We've seen this before in 2016 and Q4 2018. Money rotated out of growth and riskier names and into high quality bond proxy's. The resulting rotation back to growth can be very painful for invest

Next Weeks Earnings

“If you want to invest in something with minimum risk and a guarantee of a big return, Invest in yourself” ― Unknown The Portfolio Our blog portfolio continues to perform well and volatility remains low. Year-To-Date the portfolio is up +18.03%. Our benchmark, the S&P 500 is up a stunning +20.2%. While I think the stock market is fairly valued (not cheap or expensive), I'm chomping at the bit to buy a number of companies that have been oversold by investors to exceptionally low levels. Since we only have one stock losing money right now, Nabriva Therapeutics, the loss is so low and the position large enough that I'm not inclined to add shares. I never add shares to a position that is abo

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This material is provided for informational purposes only, as of the date hereof, and is subject to change without notice.
This material may not be suitable for all investors and is not intended to be an offer, or the solicitation of any offer, to buy or sell any securities.

© 2016 by Clay Baker all rights reserved