Wednesday, December 9, 2009
Tuesday, December 8, 2009
The rising dollar: Food for Thought.
With the value of the dollar rising, multinational stacks take a hit. McDonalds (MCD) has a large global presence and reported slower US sales. Now with the stonger dollar lower international sales could be next. Maybe look at companies that have a stronger national presence like Darden (DRI). Lower raw costs and a nice 3% dividend look like a good place to park some money and get a bite to eat.
Chevron December $75 Calls
I sold the December $75 calls back in October and it seems to be paying off. I plan on keeping the stock at option expiration and selling the March calls. If my option does get exercised I am thinking of buing Kinder Morgan Energy Partners for the 7% dividend.
First Post!
Welcome to my blog. This is my first attempt at blogging so bear with me. I wanted a place to exchange ideas about strock trading, which I am also fairly new at doing as well!
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