Tuesday, April 22, 2014

IBD 50 Model Portfolio Update

IBD 50 model portfolio update: Oops. Been dealing with computer virus and then Easter. The next thing you know, the week got away from me.

Back next weekend.  With the SP500 up 6 days in a row, we could see quite a comeback for the IBD strategies!  Stay tuned!

$FB - WhatsApp tops 500 million users

More on $FB and WhatsApp (messaging app) from today:

Messaging service WhatsApp, acquired earlier this year in a mammoth deal by Facebook, announced Tuesday it topped half a billion users worldwide.

In a brief statement posted on its official blog, WhatsApp co-founder Jan Koum says the service's 500 million users share more than 700 million photos and 100 million videos each day.



Facebook has been both praised and ridiculed for spending $19B on WhatsApp.  But FB does have a growing WhatsApp user base to work with.  #thatsagoodthing

Sent from Surface Pro

JetBlue Pilots Vote to Unionize

$JBLU - JetBlue pilots vote to unionize.  Uh oh:

JetBlue's share price fell on news of the move, which could eventually increase costs at the discount airline. JetBlue said in a recent securities filing that unionization was one of the biggest risks to its business.

Unionization "could result in demands that may increase our operating expenses and adversely affect our financial condition and results of operations," the airline said in the filing.

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JetBlue Pilots Vote to Unionize

Jack Nicas

The Wall Street Journal. - The Wall Street Journal. - ‎Tuesday‎, ‎April‎ ‎22‎, ‎2014

The pilots at JetBlue Airways voted to unionize, ending the carrier's status as one of the final nonunion airlines in the U.S.

If you have Windows 8, open this in The Wall Street Journal.



Sent from Surface Pro

Messaging Apps

$FB - Facebook raised eyebrows on the $19B price for Whatsapp. But other messaging apps are out there competing for eyeballs, too.

"…Line is a contender—along with the U.S.'s WhatsApp and China's WeChat—in a global struggle to dominate smartphones."

I think Whatsapp is helped out by $FB money and social media dominance, but other companies could come along and decide to back one of these other messaging apps to get in the ballgame.
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Messaging App Line Gains Traction Abroad

Eric Pfanner

The Wall Street Journal. - The Wall Street Journal. - ‎Tuesday‎, ‎April‎ ‎22‎, ‎2014

Japan-based Line generates more revenue than rivals WhatsApp and WeChat combined, as the three messaging apps battle for the top spot on phones world-wide.

If you have Windows 8, open this in The Wall Street Journal.


Sent from Surface Pro

AT&T Earnings

$T - AT&T earnings tidbit:  "AT&T's profit for the quarter fell 1.3% to $3.7 billion, largely because of higher taxes."

Remember that when your TV, Internet, and monthly phone bills go up!  If $T has a bigger tax bill, it's YOU who gets to pay it for them.
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AT&T Revenue Rises, Profit Slips

Thomas Gryta

The Wall Street Journal. - The Wall Street Journal. - ‎Tuesday‎, ‎April‎ ‎22‎, ‎2014

AT&T's sales rose to start the year, as the carrier added more subscribers and increasingly sold mobile devices like the iPhone at full price.

If you have Windows 8, open this in The Wall Street Journal.



Sent from Surface Pro

Monday, April 14, 2014

Obeying Sell Rules Saves Portfolios

I hate to take losses, but looking back on 2014 trades so far, I am glad I have had “some” discipline following sell rules.  Many (almost all) of the stocks I sold that were down 8-12% have continued to slide further into the abyss.  I have rotated into other things, some have worked, some have not.  But better than just holding and hoping the old things come back.  If the market does continue to rally, hopefully the new things are better performers than the old things.

Dollar Cost Averaging Into ETFs

image How would an investor do if starting at the close on every Friday in 2014, they added $1000 to an ETF?

I have the numbers.  (As of close 4/14/2014).

What’s “funny” is how the media warned everyone not to go into the Emerging Markets.  Right?