In the spirit of 'I did do something right in the last six months...' with links to the posts to prove it. Why does this feel like a desparate attempt to cheer myself up...Because it is, dammit. Today was a nightmare.
Sold O at $32.79 for 41% gain Today O is trading at $28.89.
Closed INTC at $24 for 46% gain Today INTC is trading at $20.77.
Closed 30% of AGD at $11.79 with 80% gain Today AGD is trading at $8.10
Closed BPT at $99 at 41% gain Today BPT is trading at $88.
Closed HXL at $13.50 for 20% gain in less than 1 month
Showing posts with label BPT. Show all posts
Showing posts with label BPT. Show all posts
May 20, 2010
May 3, 2010
Sold O at $32.79 for 41% total gain
O was the income stock that started my income portfolio in 2008. O pays income monthly, at around 6% pa. It's had a long ride upwards after I started investing in 2008, bought more in 2009, and reinvested all dividends.
My call was that a 41% gain in total over about 18 months is better than 6% compounding over the same time. Althouth Daily Income for Life is about finding income producing stocks, the trading strategy is also a three prong approach:
1. Using 75% of the portfolio, buy stocks that pay 10%+ dividend or royalty yeilds and reinvest all dividends/royalties.
2. Take capital gains income stocks and reinvest using technical analysis to accelerate capital appreciation
3. Actively trade small and medium cap stocks with up to 25% of overall portfolio value in order and direct capital gains into additional income streams.
O Exit Point Grapsh, show the nice long run. Too good not to take profits.
It's going back on the income watchlist, but my gut is telling me this latest rally is coming to an end, so I'm converting this position to cash to see if my intuition is right.
It's better to be sitting on cash at the end of a rally, and have all your positions being taken out by your trailing stops, than cursing yourself watching the graphs fall and your profits erode day by day.
However, the Daily Income for Life strategy needs to stay invested in dividend and royalty producing stocks to work. I'll be watching the market carefully using technical analysis to see where to reinvest - either in the same income producing stocks as were sold in the last month (BPT, AGD, O) or in new ones (Income Watchlist)
Even if the O pullback after this rally is only $2 per share, it will still be worth buying back in. Let's say our position size is 100 shares of O. The buy back price in two months is $30 after Greece is solvent again and Goldman execs are rightlully dragged through the mud.
The cost of lost dividends and exit-reentry commission would be about $32. So we are $200 - $32 ahead through actively managing our income investment using technical analysis. This is $168 cash. Tt would have taken approximately 20 months of dividend income to create this profit.
And if O keeps going up, we just pick another stock on our income watchlist that is looking better from a technical point of view.
My call was that a 41% gain in total over about 18 months is better than 6% compounding over the same time. Althouth Daily Income for Life is about finding income producing stocks, the trading strategy is also a three prong approach:
1. Using 75% of the portfolio, buy stocks that pay 10%+ dividend or royalty yeilds and reinvest all dividends/royalties.
2. Take capital gains income stocks and reinvest using technical analysis to accelerate capital appreciation
3. Actively trade small and medium cap stocks with up to 25% of overall portfolio value in order and direct capital gains into additional income streams.
O Exit Point Grapsh, show the nice long run. Too good not to take profits.
It's better to be sitting on cash at the end of a rally, and have all your positions being taken out by your trailing stops, than cursing yourself watching the graphs fall and your profits erode day by day.
However, the Daily Income for Life strategy needs to stay invested in dividend and royalty producing stocks to work. I'll be watching the market carefully using technical analysis to see where to reinvest - either in the same income producing stocks as were sold in the last month (BPT, AGD, O) or in new ones (Income Watchlist)
Even if the O pullback after this rally is only $2 per share, it will still be worth buying back in. Let's say our position size is 100 shares of O. The buy back price in two months is $30 after Greece is solvent again and Goldman execs are rightlully dragged through the mud.
The cost of lost dividends and exit-reentry commission would be about $32. So we are $200 - $32 ahead through actively managing our income investment using technical analysis. This is $168 cash. Tt would have taken approximately 20 months of dividend income to create this profit.
And if O keeps going up, we just pick another stock on our income watchlist that is looking better from a technical point of view.
April 11, 2010
Exited BPT due to Trailing Stop with 41% profit
Now heres a prime example of how trailing stops help you protect your profits...but annoys you at the same time.
I bought BPT (BP Prudhoe Bay) as in part of my income portfolio at $70 per share. BPT showed a nice run up, plus I'd collected and reinvested dividends. After the wild price movements back in March calmed down, as it climbed again I tightened the trailing stop to 3% in order to not lose the 40% profit I'd made within the last four months. That's like doubling your money if you annualize the return. For an income stock...
Even with a 16% p/a dividend, I'm not adverse to taking trading profits. At 16%, even with compounding, a 40% gain is still a couple of years worth of dividends.
However, I was kind of annoyed to get stopped out on a single days movement on April 8.
And a day later it was back at $105...
Oh well. Cash in the bank. I still like BPT, and will probably buy back in when it gets it's next savaging down to the 50-day EMA (the red line).
Found a photo of BP Prudhoe Bay on the web. Its a place you go for income, not holidays.
Happy investing and happy Easter.
I bought BPT (BP Prudhoe Bay) as in part of my income portfolio at $70 per share. BPT showed a nice run up, plus I'd collected and reinvested dividends. After the wild price movements back in March calmed down, as it climbed again I tightened the trailing stop to 3% in order to not lose the 40% profit I'd made within the last four months. That's like doubling your money if you annualize the return. For an income stock...
Even with a 16% p/a dividend, I'm not adverse to taking trading profits. At 16%, even with compounding, a 40% gain is still a couple of years worth of dividends.
However, I was kind of annoyed to get stopped out on a single days movement on April 8.
Lessons learned. The trailing stop has to be relevant to the daily movement of the stock. Mine was triggered at $99.04. which was pretty much right on the 13-Day EMA (Green Line on the graph). While the price crossing the 13-Day can indicate significant weakening and a downturn, given there was only 1 red candle in the last week I wasn't expecting it to happen.
And a day later it was back at $105...
Oh well. Cash in the bank. I still like BPT, and will probably buy back in when it gets it's next savaging down to the 50-day EMA (the red line).
Found a photo of BP Prudhoe Bay on the web. Its a place you go for income, not holidays.
March 7, 2010
Top 10 Energy stocks with highest dividend yields for the last 12 months.
BP Prudhoe Bay Royalty Trust (NYSE:BPT) has the 1st highest dividend yield in this segment of the market. Its current dividend yield is 16.26%. Its dividend payout ratio was 100.00% for the last 12 months.
BPT This one is in my portfolio of dividend income payers- currently running at 32% profit over three months since purchased in December..
Encore Energy Partners LP (NYSE:ENP) has the 2nd highest dividend yield in this segment of the market. Its current dividend yield is 10.71%. Its dividend payout ratio was 90.46% for the last 12 months.
EV Energy Partners, L.P. (NASDAQ:EVEP) has the 3rd highest dividend yield in this segment of the market. Its current dividend yield is 10.03%. Its dividend payout ratio was 50.71% for the last 12 months.
MV Oil Trust (NYSE:MVO) has the 4th highest dividend yield in this segment of the market. Its current dividend yield is 9.85%. Its dividend payout ratio was 96.40% for the last 12 months. Legacy Reserves LP (NASDAQ:LGCY) has the 5th highest dividend yield in this segment of the market. Its current dividend yield is 9.79%. Its dividend payout ratio was 87.27% for the last 12 months.
Copano Energy, L.L.C. (NASDAQ:CPNO) has the 6th highest dividend yield in this segment of the market. Its current dividend yield is 9.76%. Its dividend payout ratio was 487.03% for the last 12 months.
Martin Midstream Partners L.P. (NASDAQ:MMLP) has the 7th highest dividend yield in this segment of the market. Its current dividend yield is 9.48%. Its dividend payout ratio was 142.90% for the last 12 months.
Calumet Specialty Products Partners, L.P (NASDAQ:CLMT) has the 8th highest dividend yield in this segment of the market. Its current dividend yield is 9.48%. Its dividend payout ratio was 97.76% for the last 12 months.
Linn Energy, LLC (NASDAQ:LINE) has the 9th highest dividend yield in this segment of the market. Its current dividend yield is 9.47%. Its dividend payout ratio was 44.74% for the last 12 months.
Enerplus Resources Fund (USA) (NYSE:ERF) has the 10th highest dividend yield in this segment of the market. Its current dividend yield is 9.26%. Its dividend payout ratio was 159.36% for the last 12 months.
From China Analyst Feb 10 2010
BPT This one is in my portfolio of dividend income payers- currently running at 32% profit over three months since purchased in December..
Encore Energy Partners LP (NYSE:ENP) has the 2nd highest dividend yield in this segment of the market. Its current dividend yield is 10.71%. Its dividend payout ratio was 90.46% for the last 12 months.
EV Energy Partners, L.P. (NASDAQ:EVEP) has the 3rd highest dividend yield in this segment of the market. Its current dividend yield is 10.03%. Its dividend payout ratio was 50.71% for the last 12 months.
MV Oil Trust (NYSE:MVO) has the 4th highest dividend yield in this segment of the market. Its current dividend yield is 9.85%. Its dividend payout ratio was 96.40% for the last 12 months. Legacy Reserves LP (NASDAQ:LGCY) has the 5th highest dividend yield in this segment of the market. Its current dividend yield is 9.79%. Its dividend payout ratio was 87.27% for the last 12 months.
Copano Energy, L.L.C. (NASDAQ:CPNO) has the 6th highest dividend yield in this segment of the market. Its current dividend yield is 9.76%. Its dividend payout ratio was 487.03% for the last 12 months.
Martin Midstream Partners L.P. (NASDAQ:MMLP) has the 7th highest dividend yield in this segment of the market. Its current dividend yield is 9.48%. Its dividend payout ratio was 142.90% for the last 12 months.
Calumet Specialty Products Partners, L.P (NASDAQ:CLMT) has the 8th highest dividend yield in this segment of the market. Its current dividend yield is 9.48%. Its dividend payout ratio was 97.76% for the last 12 months.
Linn Energy, LLC (NASDAQ:LINE) has the 9th highest dividend yield in this segment of the market. Its current dividend yield is 9.47%. Its dividend payout ratio was 44.74% for the last 12 months.
Enerplus Resources Fund (USA) (NYSE:ERF) has the 10th highest dividend yield in this segment of the market. Its current dividend yield is 9.26%. Its dividend payout ratio was 159.36% for the last 12 months.
From China Analyst Feb 10 2010
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