Consumer Products Shopping Spree Inspired By Russell Rebalance Written By: David Neubert 2008-06-27 16:10:44 Photo: Alexsandro Alves, Creative Commons, Flickr
The market was selling off today, which hit consumer stocks. Added to that was the fact that the Russell Index Rebalancing that occurred today tends to push down the stocks of companies that have been engaging in buybacks.
So what's a greedy trader to do? Since, I don't like shopping in stores, I went shopping in the market.
Here's what I bought:
Exploring for Value and Yield: Neubert Discovers America and Its Big Caps Written By: David Neubert 2007-03-12 14:53:45 Yield Hungry I'm hungry. I've been overweight in cash for the majority of the last ten years. My active trading has helped me maintain respectable returns but I want to start putting more money to work. After all, I want to live off my dividends and income. I've been running value screens on assets all over the world. With a few exceptions, the same assets class keeps coming up cheap:
What does this all mean? Yahoo is willing to have a proxy fight and thinks they can win. A deal between Microsoft and Yahoo is probably further away than ever. The situation is starting to look like a lose-lose for Microsoft. Either they pay up too much for Yahoo and dilute their share price, or after a long proxy battle, Microsoft eventually acquires an engineer/key employee depleted Yahoo at the lower stock price.
Four Names I Bought This Week Written By: David Neubert 2007-03-08 04:48:28 I've been watching you at the dance. And now I finally have the nerve to walk across the room...
