"THAT'S JUST MY OPINION" - VOL. - 50
"FLY LIKE AN EAGLE" - BY THE STEVE MILLER BAND IN 1976. WHERE DID THE DOW CLOSE ON DECEMBER 31ST, 1976? ANSWER 1004.65! WHERE DID THE DOW CLOSE ON FRIDAY? 16,717.17!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! WHERE ON EARTH ARE YOU GOING TO GET THAT KIND OF RETURN? ANSWER - NO WHERE!!!!!!!!!!!
WILL THE MARKET GO STRAIGHT UP - NO! IN THE LONG RUN - IT'S THE ONLY WAY TO RETIRE COMFORTABLY!
PLEASE DO NOT LISTEN TO PEOPLE TELLING YOU THE MARKET IS TOO HIGH!!!
"SELL IN MAY AND GO AWAY" HOW DID THAT GO - "NOT TOO GOOD"
WITH THE DOW AND THE S&P CLOSING ON FRIDAY AT ALL TIME HIGHS!!!!!!
THOSE ARE THE SAME PEOPLE THAT HAVE MISSED OUT ON THE RALLY - THEY ARE HOPING THE MARKET WILL GO DOWN - SO THEY CAN BUY! GOOD LUCK TO THOSE WHO ARE HOPING THE MARKET WILL GO DOWN - GOOD LUCK - IT WILL NOT HAPPEN!!
THINK ABOUT THIS FOR A SECOND - JUNE 30TH IS THE END OF THE SECOND QUARTER!!!
HEDGE FUNDS AND MUTUAL FUNDS HAVE TO SHOW THEIR CLIENTS THAT THEY HAVE PERFORMED AS WELL AS THE MARKET OR THEY WILL LOSE CLIENTS - PLAIN AND SIMPLE!!!
MOST OF THEM ARE BEHIND THE 8 -BALL!! THEY ARE UNDER PERFORMING THE MARKET AS WE SPEAK!!!! WHAT DOES THAT MEAN? THEY HAVE TO - HAVE TO - I MEAN HAVE TO GET INVOLVED IN THE MARKET BY THE END OF JUNE - TO SHOW THEIR CLIENTS - THAT THEY HAVE RETURNS THAT ARE EQUAL THE MARKET!!!!!
THAT IS WHY I AM STICKING TO MY PREDICATION THAT THE DOW WILL REACH 17,200 SOME TIME IN JUNE!!!!!!!
NOW I WANT TO TALK ABOUT WHATS GOING ON IN THE MARKET. SO FAR THIS YEAR WE HAVE SEEN MORE MERGERS AND ACQUISITIONS AND SPIN - OFFS - THAT I CAN EVER REMEMBER - AND IT'S ONLY JUNE!!!!!
I LOVE SPIN-OFFS! WHY? LET ME SHOW YOU!!!
I BOUGHT ABT @ $65.81 in 2012!
ABT SPUN-OFF ABBV - SO FOR EVERY SHARE I OWNED OF ABT - I GOT 1 SHARE OF ABBV.
SO WHAT YOU ASK? I'LL TELL YOU SO WHAT!!!
ON FRIDAY - ABBV CLOSED @ $54.33 and ABT CLOSED AT $40.01! COMBINED THAT'S $94.34 - NICE RETURN - BUT LIKE AN IDIOT - I SOLD BOTH @ 85.41!!!
IN 2007 I BOUGHT MO @$ 67.31 - IT SPUN-OFF PM IN 2008!
FRIDAY MO CLOSED @ $41.56 AND PM CLOSED @ $88.54- COMBINED THAT'S A TOTAL OF $130.10 - GREAT RETURN - LIKE AN IDIOT - I SOLD IT TOO EARLY!!! I LEARNED MY LESSON!!!!! KEEP SPIN-OFFS!!!!!!
NOW LET'S LOOK AT THIS WEEKS ACTION!
FOR THE WEEK - THE DOW CLOSED @16,717.17 - UP 110.90 or up 0.67%
MY WIFE'S, MY SON'S AND OTHERS ACCOUNTS HAVE REACHED AN ALL TIME HIGH!!!
DIS - CLOSED @ 84.01 OR UP 0.69 CENTS OR UP 0.83%
DIS IS DUE FOR A STOCK SPLIT- THAT LAST TIME DIS HAD A STOCK SPLIT WAS IN 1998 - WHEN THE STOCK SPLIT 3 FOR 1 - WHEN THE STOCK WAS TRADING @ $110 A SHARE - SO FOR EVERY SHARE YOU OWNED - YOU GOT 3 SHARES! SO WHAT -YOU SAY?
WELL LOOK AT IT THIS WAY - NOW YOU HAVE MORE SHARES TRADING @ $37 A SHARE - DIS CLOSED ON FRIDAY @ $84.01 A SHARE - WHAT A GREAT RETURN!!!!!
THAT'S WHY I BELIEVE WE ARE CLOSE TO A STOCK SPLIT - STAY TUNED!!!
AIG - CLOSED @ $54.07 OR UP 0.47 CENTS OR UP 0.88%
AIG HAS A NET ASSET VALUE OF $65 - THIS STOCK IS GOING HIGHER!!!!
NKE CLOSED @ $76.91 OR UP $1.30 OR UP 1.72%
THIS IS A $90 STOCK!!!!
MU CLOSED @ $28.59 OR UP $1.26 OR UP 4.61%
THIS IS A $35 STOCK!
RIG CLOSED @ $42.49 OR UP 0.68 CENTS OR UP 1.62%
RIG YIELDS 6.90%
AND IT'S SPINNING-OFF PART OF IT'S ASSETS - STAY TUNED!!!
SD CLOSED @ $6.67 OR UP 0.12 CENTS OR UP 1.83%
THIS IS A $9 STOCK!!!!!
CHK CLOSED @ $28.72 OR UP $1.04 OR UP 3.76%
CHK PLANS A SPIN-OFF CHESAPEAKE OILFIELD SERVICE - THIS SHOULD HAPPEN BY THE END OF THE SECOND QUARTER!!!!
THIS STOCK IS GOING A LOT HIGHER!!!!
JCI - CLOSED @ $48.36 OR UP 0.12 CENTS OR UP 0.25%
JCI WILL SPIN-OFF IT'S AUTOMOTIVE INTERIORS BUSINESS INTO A NEW JOINT VENTURE WITH A CHINESE PARTNER - TO CLOSE IN THE SECOND HALF OF 2015!
THIS IS A @$65 STOCK!!!
FDML - CLOSED @ $16.59 OR DOWN 0.40 CENTS OR DOWN 2.35%
REMEMBER CARL ICAHN OWNS THIS STOCK - THIS WILL BE INTERESTING TO SEE WHAT CARL WILL DO - STAY TUNED!!!
GE - CLOSED @ $26.79 OR UP 0.28 CENTS OR UP 1.06%
"THAT'S JUST MY OPINION"
IF YOU ARE LOOKING FOR PROTECTION ON YOUR PORTFOLIO - CHECK OUT THE FOLLOWING!
CALL STEVEN HANSEN @ 888-818-0880 EXT. 536!!!
THANK YOU;
LEN DWELLE
lendwelle@hotmail.com
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