Today’s the Plain Leading Toward Distant Peaks.

MARCH 9, 2020. The Saudis want to cut production but Russia won’t play. So the Saudis cut the price of their crude and that wave’s rocking equities.
A million things move markets and some roil them. Either way we play our game plan. Today’s no different. Know that “Breathe. Today’s the Plain Leading Toward Distant Peaks.” Continue reading Today’s the Plain Leading Toward Distant Peaks.

Making Faces at the Market. Smile While You’re Buying.

FEBRUARY 28, 2020. Fear is a feeling rather than a circumstance. Investing money calls for a longer-term perspective, and only those who show up will win. The game’s not over. Thursday was the largest single point drop in market history. But that was yesterday. What now? Continue reading Making Faces at the Market. Smile While You’re Buying.

The Good Refuse to Go. Kirkland Lake and Alteryx Prove Golden.

FEBRUARY 22, 2020.  The market never was a love song.  Often it’s a popping lotto box of bone break.  Doing the work don’t mean you’re gonna be loved.  Do something people don’t immediately understand and you may be treated like a weekend Elvis.
Kirkland Lake Gold gets it.  KL just bought a brighter future and beat the numbers like a gong.  Elvis.  They just reported again and now may be your moment.  When you grow EPS by 104%, and revenue by 51%, over the entire year, you may just be a pulsar.
We’ve also been strapped-up with Alteryx, keepin’ the faith and being paid.  We did just talk “Alteryx Again & Again.  The Pattern You Can Play.”  Now we’re back to report the results–theirs and ours.  Did Alteryx remain true to it’s ways?  Nonetheless, “The Good Refuse to Go.  Kirkland Lake and Alteryx Prove Golden.” Continue reading The Good Refuse to Go. Kirkland Lake and Alteryx Prove Golden.

REIT Down the Street. 10% They Pay. MFA.

JANUARY 28, 2020. We’re inhabiting what’s known as an “expensive market.” The flight to safety, and quality, has seemingly left little to choose from if you like income. Well, perhaps not.
AT&T has for years been viewed as income and even safety. But that was before shares ran from the low $30s to $39. The dividend’s nice, but let’s face it. The company’s at best a barely-manageable mess.
We admit it. We used it for the dividend, until we found something we like better. Are there alternatives to the AT&T show? We take readers on a zip tour of the “REIT Down the Street. 10% They Pay. MFA.” Continue reading REIT Down the Street. 10% They Pay. MFA.

Kicked On. Kirkland Lake Gold.

JANUARY 23, 2020. A million miners grind ore for gold. It’s a tough business and the metal’s more difficult to find by the minute. The planet’s not making any more. Mining’s a “capital intensive” endeavor, and like oil, replacing reserves to ensure future production is critical. Kirkland just moved decisively on that, and is doing the rest of this business better than anyone else. The $11 billion dollar Toronto-based enterprise has an eye on it’s future, while also growing current production at 35% year-over-year. Anything else?
KL outperformed Microsoft over the past year, and savagely over three, and it’s half the price. It’s also trading here for a 13% discount to it’s near-term high. The company’s fundamentals shine like the sun, it’s balance sheet is bullet-proof., and it’s gobbled back 1.127 million of its’ own shares, while more then doubling its’ cash position. Impressed?
How ’bout this? If you’d have owned KL over this past year you’d be up 65%. Over the past three you’d be up 565%. What did CEO Tony Makach just say about KL’s performance? “We just had our best year ever.” And he’s got the metrics to prove it, as do we. “Kicked On.
Kirkland Lake Gold. “(Cover photo: Night mining.) Continue reading Kicked On. Kirkland Lake Gold.

Soaring With Vultures. The Criminal Twins.

NOVEMBER 24, 2019. Are shock and back-turning outrage merely quint now? Does a history of criminal antics put you off? Haven’t we seen it all, including fraud so vastly sweeping it’s visible from space? But then, think about it. America sports a spectacular spider’s web of laws so dense that even a Popsicle stand would violate something. Right?
All of the above being true, no excuse exists for the Criminal Twins. The Twins are the recidivists we’ve chosen to embrace, in these uncertain times. Why? For one, they pay. They’re not perfect, yet finding something that works in this market is good, regardless of their rap sheets. And as we said–they pay. Are these corporate repeat offenders still a buy here?
Enjoy. “Soaring With Vultures. The Criminal Twins.” Continue reading Soaring With Vultures. The Criminal Twins.

Moonbeam Metrics. Schwab Brings Out Light in the Night.

NOVEMBER 14, 2019. Who’s got your back, front, and middle, when you’re investing? You hope it’s your broker. When you wade into the retail investing world you’re holding hands with those in between you and the trading rig. It’s a complicated business and how they do it and what they’re bringing matters.
The world’s weird busy. We spend as much time beneath the umbrella of our broker as we do with our loved ones. How we’re treated and what we find there shapes more than the moment. Such shapes our experience of investing on a daily basis, and the returns we see at the end of each. We share some of how in “Moonbeam Metrics. Schwab Brings Out Light in the Night.” Continue reading Moonbeam Metrics. Schwab Brings Out Light in the Night.