• 3 minutes e-car sales collapse
  • 6 minutes America Is Exceptional in Its Political Divide
  • 11 minutes Perovskites, a ‘dirt cheap’ alternative to silicon, just got a lot more efficient
  • 11 hours GREEN NEW DEAL = BLIZZARD OF LIES
  • 2 hours They pay YOU to TAKE Natural Gas
  • 3 days Could Someone Give Me Insights on the Future of Renewable Energy?
  • 3 days How Far Have We Really Gotten With Alternative Energy
  • 7 days e-truck insanity
  • 5 days An interesting statistic about bitumens?
  • 10 days Oil Stocks, Market Direction, Bitcoin, Minerals, Gold, Silver - Technical Trading <--- Chris Vermeulen & Gareth Soloway weigh in
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

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 names for the near term – the reports and performance today of Twitter and Pandora should tell you something, even…




EXXON Mobil -0.35
Open57.81 Trading Vol.6.96M Previous Vol.241.7B
BUY 57.15
Sell 57.00
Oilprice - The No. 1 Source for Oil & Energy News