• 9 minutes WTI @ 67.50, charts show $62.50 next
  • 11 minutes The EU Loses The Principles On Which It Was Built
  • 19 minutes Batteries Could Be a Small Dotcom-Style Bubble
  • 5 hours Permian already crested the productivity bell curve - downward now to Tier 2 geological locations
  • 8 hours How To Explain 'Truth Isn't Truth' Comment of Rudy Giuliani?
  • 13 hours Saudi PIF In Talks To Invest In Tesla Rival Lucid
  • 15 hours Japan carmakers admits using falsified emissions data
  • 6 hours Starvation, horror in Venezuela
  • 4 hours Saudi Fund Wants to Take Tesla Private?
  • 1 hour Desperate Call or... Erdogan Says Turkey Will Boycott U.S. Electronics
  • 4 hours Corporations Are Buying More Renewables Than Ever
  • 11 hours China still to keep Iran oil flowing amid U.S. sanctions
  • 13 hours China goes against US natural gas
  • 13 hours Western Canada Select price continues to sink
  • 1 hour Film on Venezuela's staggering collapse
  • 10 hours Are Trump's steel tariffs working? Seems they are!
Dan Dicker

Dan Dicker

Dan Dicker is a 25 year veteran of the New York Mercantile Exchange where he traded crude oil, natural gas, unleaded gasoline and heating oil…

More Info

Trending Discussions

Time to Get Into Rock Solid Large Cap Dividend Payers

If you’ve missed the point of the last 2 weeks of market action, let me get you up to date:  2014 is going to be rough, really rough.  We’re going to need to go back to the defensive playbooks we haven’t used for 4 years, but which saw us through great profits at relatively little risk.  We need to go back to 2009.  

You know I am a commodity guy and I’ve written recently about the continued weakness of base metals, particularly copper and zinc, and coal, commodities I consider crucial indicators of a continuing robust recovery.  

Look at the worst performing stocks of the last two years and they are almost all commodity names, particularly coal and copper names – Peabody (BTU), Alpha Natural Resources (ANR), Vale (VALE), Freeport (FCX) – I could go on.  So what is the difference today and why am I turning so defensive on the market?  Commodity strength becomes that much more of a factor, precisely because Fed activity is beginnings its taper and strong stock index results last year seemed to ‘borrow’ gains from our current year.  

But with dropping share prices, and concurrent dropping bond yields, we’re looking at another 2009 scenario where dividend producers represent such a sharp arbitrage opportunity.  And it’s with bond-like stocks were going to find our best ideas now.  

Now’s the time to give up, and I mean entirely, on high-beta…

To read the full article

Please sign up and become a premium OilPrice.com member to gain access to read the full article.

RegisterLogin

Trending Discussions





Oilprice - The No. 1 Source for Oil & Energy News