The following is one of the contrarian articles we often look for, not that what it proposes won't happen. That's not the point.
Note in the article the contrarian point a our drug stocks falling off patent-experiation cliffs. We've been riding those drug stocks higher for some time. No hubris intended.
Without risk there's no upside. Period. Pepsi knocking out a recent all-time high notwithstanding. That's not the question. The question is how long and why do I want to own it and when did I buy it.
It's snack food company and there is political risk here, too. Know why you're buying and owning a company. We own Pepsi. And we will either sell covered calls, buy puts or whatever, but we will continue to own some shares.
http://investorplace.com/2013/06/4-high-fliers-that-could-crash-land-soon/view-all/
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Be careful what you wish for is an old bromide.
In reality, it's a newly sharpened blade of a double-edged sword, especially when it comes to liquidity.
http://www.futuresmag.com/2013/06/12/us-30-year-bonds-tapering-proves-a-double-edged-sw?eNL=51b89b621b4f3aee33000053&_LID=287557&t=financials&page=2
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