Here are a couple of recommended Valentine's Day related articles from those in my blogroll.
The Digerati Life. "Best Cheap Dates Ideas for Valentine's Day Romantics."
My Good Cents. "Valentines Day: Free Redbox Rental."
Have a great Valentine's Day!
Sunday, February 13, 2011
Sunday, February 06, 2011
Up 65% in Last 10 Months in my Soft Commodities Investment. Will Likely Rotate into McDonalds as Grain Prices Peak.
I bought into the iPath Grains (JJG) ETF on April 5th of last year at $34.18 / share. On Friday, shares traded at $56.20. This is a gain of 64.4% over the 10 months. Of course these gains are only on paper.
I spent part of the afternoon contemplating what I would do with my money as I scaled out of this ETF. I spent some time comparing charts of JJG against a few stocks and happened upon an interesting comparison against McDonalds (MCD). See chart JJG vs. MCD. Looking from 12/8/10 til present and you'll see that the two stocks are moving inversely to each other.
So, unless we have a good stock market correction, my current plan is to ride out JJG for a few more bucks and to start scaling out of JJG between $61 and $71.
I suspect JJG should hit this gate of $61 - $71 within the next couple of months prior to crops being planted. As I scale out, I am planning on moving my funds into McDonalds. I don't think that McDonalds is going to run up like a rocket ship; however, I feel that McDonalds should trounce the S&P 500 after grains and other commodities (e.g. COW) peak and start trending lower. Plus, McDonalds 3.3% yield should provide a level of safety in our current lofty market levels.
I spent part of the afternoon contemplating what I would do with my money as I scaled out of this ETF. I spent some time comparing charts of JJG against a few stocks and happened upon an interesting comparison against McDonalds (MCD). See chart JJG vs. MCD. Looking from 12/8/10 til present and you'll see that the two stocks are moving inversely to each other.
So, unless we have a good stock market correction, my current plan is to ride out JJG for a few more bucks and to start scaling out of JJG between $61 and $71.
I suspect JJG should hit this gate of $61 - $71 within the next couple of months prior to crops being planted. As I scale out, I am planning on moving my funds into McDonalds. I don't think that McDonalds is going to run up like a rocket ship; however, I feel that McDonalds should trounce the S&P 500 after grains and other commodities (e.g. COW) peak and start trending lower. Plus, McDonalds 3.3% yield should provide a level of safety in our current lofty market levels.
Labels:
Investing,
My Own Finances
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