by Travis Johnson, Stock Gumshoe | April 19, 2019 8:00 am
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Travis, is there a good source for finding warrant symbols?
Did anyone reply to this? I’m interested also.
Very interesting, I’ll be adding DSEEX to the radar for future Roth investing. Thank you for recapping for us newer Gumshoes and for an update.
Very interesting, but the minimum investment outside a registered account appears to be $100,000. Is that accurate? If so, not really an option for Canadians, even for those who prefer to invest mainly in the US market
DSENX , what I own in Fidelity, appears to be no load less minimum version
Yes, that version has a lower minimum but a higher expense ratio. Otherwise the same.
Thank you Travis. I added it to my watch list. When we have a down market, I am wondering if DSEEX will do better than average stocks given it has some bonds and it rotates into value sectors. Have a Happy Easter weekend.
Hi Travis,
Was there a note/update about QCOM after their APPL settlement? Would love to know your thoughts on it.
And regarding the Shiller Enhanced CAPE strategy, are there any similar funds/ETF’s for the Canadians in the house?
Thanks
Abi
The only note has been “Yay!” So far. I think this is both great for Apple and Qualcomm and likely to speed up 5G adoption in general.
Haven’t dug into the financial impact specifically, but that’s on my list for this week.
Trade Note:
I’ll write more about this tomorrow, but I’ve promised to let you know about significant equity trades in the Real Money Portfolio the day they happen — so here goes:
I bought a little more Nokia (NOK) this morning following their earnings “miss” — I still think this is among the lower-risk plays on 5G infrastructure, with a rational valuation and a good dividend and a solid chance at 25% earnings growth in 2020 which will likely make investors a bit more excited late this year… though there’s still a lot of uncertainty everywhere in 5G-land (and in semiconductors as well) about whether there will be a surge in revenue growth in the second half of 2019 as so many folks are expecting. This increases my position in Nokia by about 20%, and lowers the cost basis, and the whole position is in the red by a little bit now.
And I also added a new AI/5G position today following their (also disappointing) earnings report — so I have a small position in Xilinx (XLNX) now at about $120. This is not at all a bargain, even after the 15% drop after earnings the stock is still only back to where it was in February, but I think they have potential to continue to surprise in some key markets this year, led by 5G, and that there is a decent chance that the staying power of their FPGA chips will be stronger in this cycle than it was in the 4G transition. On the negative side, the stock would still be richly valued if it dropped to $80 so, like with NVDA (which is in similar markets, and whose GPUs compete with FPGAs in AI to some degree), there’s the likelihood of significant volatility as investors try to figure out what the narrative should be, and when you’re talking about a stock with a PE near 40 the “story” about the future is the real driver.
Still, I missed the Xilinx potential when I first looked at it a year or two ago, and have admired the company from afar, so I like the chance to open a small position here — we’ll learn more about what they think the year looks like when they host their analyst day and get more specific about guidance on May 14.
And, in not particularly consequential portfolio news, I sold my Intel LEAP options and took partial profits on my Qualcomm options as those stocks continued to surge this week.
More on all that tomorrow, when I’ll also post the updated Real Money Portfolio.
I agree with Nokia. I have been waiting for a time to get some calls. I got Jan 2020 6.00. With the options falling 50% today to .24, it looked like a good time to get some that I can at least trade the rest of the year. I will still look for an entry for a longer term Jan 2021. Nokia is a safer 5G play as you have often mentioned. I think that there will be a certain segment that will want that safety in there 5G portfolio later this year when the mainstream retailers get involved.
I loved reading about this fund. It has rattled in the back of my brain ever since. There’s a lot of complaining about capitalism being broken (and socialism being the ..only.. answer) I rather think that like the answer to bad democracy so too is “more capitilism” the answer to bad capitalism. If the low-income folks that get back more than they paid in for taxes, had that portion returned in shares of this mutual fund, maybe then all folks could start sharing in the upswings, and start having some ownership in the assets of the country. I’m not planning to leave my children any milk and honey. I will leave them a baby cow and a bee hive. Those that want socialism can easily start by being forced to buy this fund instead of it being a free option.
That and mandatory subscriptions to Travis, the Gumshoe. Over 11% of the total Gumshoe portfolio in DSeex? For real?
DSEEX is about 11% of the mutual fund/index/diversified side of my portfolio — my portfolio is roughly half individual stocks and half diversified funds. So, similar in size to my Berkshire stake, which is about 11% of the individual stock portfolio.
Thanks Travis for clarifying. It still confirms this is a bulwark mutual fund where you’re concerned. I’m going to modify my Roth to put it in there.
Thanks.