Big Stock Market Move

I am predicting a huge rise in the Market early this week. Don't usually like to guess on the Market's direction short term but once the bozos in Washington get their act together we should see a nice move up. I look for all of last weeks losses to be made up this week and than some. McDonalds (MCD) is 8% of their high price so looks like a good time to get in cheaply for the long haul. Good luck investing Tony.

Stocks On Sale

Attention due to the recent downturn Stocks are on sale! Use this noise and buy stocks on the dips. The government will come up with a deal and the market will recover. Use this period to increase positions in good stocks that pay dividends. Right now General Electric (GE) is super cheap!! Time for me to double down on this one. Three years from now when they are trading for $40 a share you will be very happy. Plus you will have collected the 3% yield on the Dividend. Good luck investing. Tony

Stock Pick Updates

Don't like to brag but my picks of McDonalds(MCD) and Wendys(WEN) have both been spot on. Both companies are at 52 week highs. McDonalds just released great earnings yesterday and I think the momentum will pull the stock even higher. I expect a Dividend raise and a stock split in the near future. I look for Wendys to continue their turnaround now that they can focus on their core brand. Good luck investing. Tony

Stock Market Update

I expect the summer rally to continue. Look for the bozos in Congress to true to look like heroes by passing a last minute Debt Ceiling increase bill. The market knows this but will rally on the news anyway. All bets are off if they don't pass a bill, then I expect a short term correction. If this happens may be a good time to get some Stocks cheap. Good luck investing. Tony

McDonalds (MCD) Update

My pick of McDonald's (MCD) stock has been spot on. Now that the stock is close to a 52 week high think they may do a split soon. If they split and announce another buy back the stock should move a lot short term. As for long term I love the company and expect another Dividend increase toward the end of the year. IMHO It's a strong long and solid short term buy. Good luck investing. Tony

Wendy's (WEN)

The company's stock had a great week. It hit a 52 week high. Don't like to say I told you so but I have been talking about it for some time now. The turnaround is well under way. Now that they can focus on Wendys only, without the distraction of fixing Arbys business things should get better much faster. I am still buying at these levels and expect more good things from them soon. Good luck investing. Tony

Wendys (WEN) Update

Wendy’s (WEN) has completed their sale of 81.5% of Arbys. They have dropped the Arbys name from their company; still own a minority stake in the company. This move is symbolic and used to show that they will/are focusing on the Wendys brand exclusively. IMHO this move was long overdue. I believe now they can really focus on growing Wendys without the distraction of Arbys getting in the way. My confidence in the company is growing. Their move into the breakfast segment as the economy is turning the corner is very timely also. I look for $6.50 a share within a year and $8 a share within 2 years. Hopefully they will be able to grow the dividend also. Good luck investing. Tony

Great Stock Market

The market is doing so well these days. I am happy that many of my long term picks are at or close to all time highs. No complaints about that for sure. Beautiful thing about it is that I have been getting rewarded to sick on my hands for years. Of course I am referring to the fact I have been collecting dividends on most of my stocks for years. Better yet, rising dividends, that are exceeding Inflation easily. McDonalds (MCD) has been one of my best picks for the rising dividends reason. Also Yum Brands (YUM), you know owners of KFC, Taco Bell, and Pizza Hut. Yum has a lower yield than MCD but their dividends have been rising even faster on a percentage basis lately. Now if only Wendys (WEN) would really start to turn the profit corner and be able to raise their dividends. Happy fourth of July weekend to everyone. Good luck investing. Tony