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Posts Tagged ‘sks’

Portfolio Update 5/3/2010

May 3rd, 2010 Kenneth No comments

Stock market has been pretty volatile the past couple of weeks. That means everyone should stay nimble. The 3 key elements this week that may shift the momentum of the markets are: Greece, Goldman Sachs and Economic Reports. Warren Buffet did the whole market a huge favor by putting his reputation on the line for Goldman. I think that takes a lot of guts considering that the whole SEC and the US Government are bashing GS. Buffet put the whole financial sector at ease with his endorsement — at least, for the short term…

Portfolio update 3/29/2010

March 29th, 2010 Kenneth No comments

Staying nimble is the key in a volatile market. A shrewd investor needs to protect gains while minimizing losses. In this past week, I have switched around several positions in anticipating of this week’s economic reports. I locked in some gains while taking a few small losses on a few stocks that I did not want to hold going into this week’s job report. Below is a list of my current long positions along with some commentary below…

Portfolio Update 3/23/2010

March 23rd, 2010 Kenneth No comments

I have provided some updates to my 2010 stock portfolio. Before I list my holdings, I’d like to make a few comments about the general theme of my portfolio, my additions, subtractions, and the reasoning behind these decisions. Additions: THC, HMA, FNGN, SNV, UBS. Subtractions: BZH, MGM, AMAT, SLM, TOL, YHOO…

Categories: General Tags: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Portfolio for 2010

March 9th, 2010 Kenneth No comments

It’s been a while since my last post. I just wanted to give everyone my general take on 2010. Below is a list of positions I have in various companies. I have also listed some sectors I like for 2010 and sectors I don’t like. Again, this is just my opinion…but I have made my bets on certain stocks that I feel will outperform in their respective sectors…

Categories: General Tags: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Interesting Stock: Saks Stores (NYSE: SKS)

August 25th, 2009 Kenneth No comments

I’ve been watching this stock for quite some time and finally pulled the trigger today and bought it. I’ve always been on the edge about this stock because of the bad retail environment but the better-than-expected consumer confidence index report today pushed me over the edge.
I think with the upcoming Holiday season, the improving [...]

Categories: Retailer Tags: , , ,