There's a labor strike in Nigeria which would threaten oil supplies in the near future. I do not have positions in the oil but I have ETP in my energy sector play. I'm also counting on an increase of natural gas usage as the winter progresses. Therefore, here's my plan:
Along with next Tuesday's Automatic Investment Plan, I'm investing an additional $120.00 in ETP. After the $4 fee, I'll probably end up with 2.4462 shares (at $47.42 as of 9:03 am 01/12/12). This would bump up my Oil and Energy position and along with my Consumer Goods plays (KFT and MO), would balance out my asset allocation.
The DOW and the Market are ticking downward since the rally earlier this week. Profit taking as expected. This is good since I'll be getting my purchases on the pullback.
Showing posts with label oil. Show all posts
Showing posts with label oil. Show all posts
Thursday, January 12, 2012
Wednesday, October 26, 2011
Actual Shares Bought, ETP updates and Portfolio Recap
So my Automatic Investment Plan from a few days ago kicked in. Unfortunately, LULU and ETP went up a little bit so my "fraction" shares purchase was a wee bit smaller. No big deal.
Here's what my $280 was able to buy:
Fees: $8 ($4 per stock transaction)
LULU = 2.5689 shares @ $52.94
ETP = 3.0418 shares @ $44.71
Portfolio Recap (as of 10/26/11 @10:17 am PST):
AAPL = 2.1473 shares = $848.12 (+$98.12/0.13%)
ETP = 4.0809 shares = $187.72 (-$16.17/-0.18%)
GLD = 1.0349 shares = $173.85 (+$23.85/0.16%)
LULU = 7.3301 shares = $377.87 (-$1.08/-0.00%)
WM = 2.0556 shares = $70.12 (-$11.25/-0.14%)
XLNX = 6.2161 shares = $196.12 (-$32.17/-0.14%)
Total = $1,853.79 (+$61.29/3.42%)
Not bad... my fund is up 3.42% (from March 22, 2011 thru October 25, 2011) when the DOW Jones average is down 2.60% (from March 22, 2011 thru October 25, 2011) and the S&P 500 Index is down 5.00% (from March 22, 2011 thru October 25, 2011). I actually outperformed these two indexes. Does that mean I'm a genius? No. Perhaps I'm just lucky or perhaps I'm just not exposed to more volatile positions like the financial, industrial, etc sectors. Besides, AAPL shored up my fund and is my largest position dollars wise. Also, I picked 3 positions that paid dividends and that helped with my yield. Also, my loses aren't so bad and it was mainly because of the fees I incurred during my early stock purchases... lesson learned.
ETP Update - I was watching my daily Mad Money with Jim Cramer podcast and he had the CEO of ETP as a guest. Cramer liked ETP except for the LPG business side of the company. We found out from the CEO that ETP is planning to sell off the LPG side of the business and they already have a buyer. He also said that they would focus more on the transport and storage of natural gas which can be lucrative for the company especially if and when the US decides to use more natural gas instead of oil. He also does not believe that the US would be exporting the excess natural gas but the company is also hedged for the possibility. Cramer reiterated his opinion for ETP and actually gave his blessing especially because his only negative is going away (LPG business). Personally, I bought more shares of ETP prior to this on the thesis of the future use of natural gas during the winter months and that big juicy dividend and yield.
Next moves - I still have to put in $100 each month in my Sharebuilder Account to get that bonus (I forgot if it's $50 or $1000) and I think I found an extra $280 from my monthly take home pay so I can probably allocate some of that into my portfolio.
As you can see above, I'm a little light on my GLD and WM positions. WM pays a dividend and GLD is a great hedge for inflation and worse-case scenario situations. I would also like to have more AAPL so I might try to sneak in a huge influx of cash so I can get 2-3 more shares of my beloved Apple. But for next month, definitely I'll get some more GLD, WM and ETP. Perhaps, I can buy shares of AAPL is fractions of a share at a time.. but we'll see.
Here's what my $280 was able to buy:
Fees: $8 ($4 per stock transaction)
LULU = 2.5689 shares @ $52.94
ETP = 3.0418 shares @ $44.71
Portfolio Recap (as of 10/26/11 @10:17 am PST):
AAPL = 2.1473 shares = $848.12 (+$98.12/0.13%)
ETP = 4.0809 shares = $187.72 (-$16.17/-0.18%)
GLD = 1.0349 shares = $173.85 (+$23.85/0.16%)
LULU = 7.3301 shares = $377.87 (-$1.08/-0.00%)
WM = 2.0556 shares = $70.12 (-$11.25/-0.14%)
XLNX = 6.2161 shares = $196.12 (-$32.17/-0.14%)
Total = $1,853.79 (+$61.29/3.42%)
Not bad... my fund is up 3.42% (from March 22, 2011 thru October 25, 2011) when the DOW Jones average is down 2.60% (from March 22, 2011 thru October 25, 2011) and the S&P 500 Index is down 5.00% (from March 22, 2011 thru October 25, 2011). I actually outperformed these two indexes. Does that mean I'm a genius? No. Perhaps I'm just lucky or perhaps I'm just not exposed to more volatile positions like the financial, industrial, etc sectors. Besides, AAPL shored up my fund and is my largest position dollars wise. Also, I picked 3 positions that paid dividends and that helped with my yield. Also, my loses aren't so bad and it was mainly because of the fees I incurred during my early stock purchases... lesson learned.
ETP Update - I was watching my daily Mad Money with Jim Cramer podcast and he had the CEO of ETP as a guest. Cramer liked ETP except for the LPG business side of the company. We found out from the CEO that ETP is planning to sell off the LPG side of the business and they already have a buyer. He also said that they would focus more on the transport and storage of natural gas which can be lucrative for the company especially if and when the US decides to use more natural gas instead of oil. He also does not believe that the US would be exporting the excess natural gas but the company is also hedged for the possibility. Cramer reiterated his opinion for ETP and actually gave his blessing especially because his only negative is going away (LPG business). Personally, I bought more shares of ETP prior to this on the thesis of the future use of natural gas during the winter months and that big juicy dividend and yield.
Next moves - I still have to put in $100 each month in my Sharebuilder Account to get that bonus (I forgot if it's $50 or $1000) and I think I found an extra $280 from my monthly take home pay so I can probably allocate some of that into my portfolio.
As you can see above, I'm a little light on my GLD and WM positions. WM pays a dividend and GLD is a great hedge for inflation and worse-case scenario situations. I would also like to have more AAPL so I might try to sneak in a huge influx of cash so I can get 2-3 more shares of my beloved Apple. But for next month, definitely I'll get some more GLD, WM and ETP. Perhaps, I can buy shares of AAPL is fractions of a share at a time.. but we'll see.
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