BX - Great way to Own Apartments, Hotels and Office SpaceBX Bottoming Process + High Vol Support + IPOs to Resume + Private-Equity / Venture-Capital to SUCCEED. Great Dividends. Put Sell and Call Sell while making money on Dividends. ALL of this without owning any apartments or hotels or office space. I am long the stock right now, but getting ready to do a Call sell on it since up move seems to have ended as of 11/30/2016. As it starts to move down, and the stock bottoms, it is time to do an aggressive Put Sell and get your stock back if you lost it. Remember, you might have double ownership of the stock, so do NOT go in with a full position. Start with 1/3rd position.
Dividends
Head & Shoulders US Steel CorpHistorically, a selloff occurs right after dividends are collected. Prime example would be last time. Price gapped up after a good earnings report but investors realized it was over bought and buried it after they made money on dividends.
As well as the bearish head & shoulders
DHT: Interesting longer term trade ideaWe can take a longer term position in DHT. It goes ex-dividend soon, has a very high paying dividend (14% dividend yield) plus a 25% free cash flow yield and manageable debt levels. I like how it has been outperforming the market recently, and how the monthly technical chart looks. Looks promising.
Enter longs at market with stop at 4.19, aim for 11.15, in the long term.
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Ivan Labrie
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Risk disclaimer: My analysis is provided as general market commentary and does not constitute investment advice. I will not accept liability for any loss or damage including, without limitation, to any loss of profit which may arise directly or indirectly from use of or reliance on such information.
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