Almost Famous...

I got an email from one of the writers at theFool.com mentioning they quoted me in one of their articles! And must I add it's for one of my more clever pitches on CAPS. Yippee! I'm famous! On a more humble note, CPL is reporting tomorrow at 12pm ET. Let's hope it BLOWS UP! (I'm 1 for 6 this earnings season, but thankfully still in the black overall). Remember to buy in thirds*! =)

*For long positions, it's an excellent strategy to buy a stock one-third of what you allocated for that stock at a time. This will allow for short-term fluctuations in the market environment (or in my case, a bad earnings report!) and will increase your chances of having a good average starting point for your long position.

An update..

So we have the latest reports: inflation is off the charts, housing prices are dropping at record rates, consumer confidence is extremely pessimistic, bond insurers are teetering on the edge of losing their AAA bond rating and the market is......going UP?!

I have no clue what's going on, apparently bond insurance rating is more important than consumer outlook and inflation! On the brightside, I found an interesting company during my research of this market freakyness.

The company, CPFL Energia S.A. (CPL), is a utility company in Brazil. YES, Brazil. I recently read an article about Mr. Buffett buying the Brazilian Real since he was bearish towards the U.S. dollar. Let's face it Bernanke is letting inflation out of control and the market will soon respond. But I'm not going to get into that. Basically, in order to hedge the U.S. market going sour, I've decided to play the Brazilian economy. Yes, they have been through many crises in the past, but they have since turned the economy an entire 180 degrees. Inflation rate in Brazil has gone from 25% to less than 5% in the past 6 years!

With ever increasing energy prices, a growing economy, and high barriers to entry, this Brazilian utility should be an excellent play. Not to mention their PEG ratio is just under 1.10!

The Investor's Mind

I thought this was funny but very very TRUE. Another reason to keep long on your positions and to buy in thirds!

Portfolio update..

So if anyone listened to the Omniture (OMTR) conference call today, things sounded "ok". But just "ok" wasn't good enough for investors and in turn they punished OMTR down over 4% in after hours trading. If you include the -8% prior to closing, that's almost 13% overall for the day! Eeek.

I guess analysts were expecting something above their expectations, similar to how if you buy your girlfriend flowers every week they'll expect it EVERY week. The one week you forget, you get yelled at!!! Maybe OMTR should be more like AAPL and underscore their estimates every period (similar to how I NEVER get my gf's flowers!). haha, well despite the punishment they received today, I shall remain resilient and will still stay long on this position.

Another stock that I recently purchased is National Oilwell Varco (NOV). They also reported outstanding but for some reason was punished as well. I think the entire sector is falling out of favor with the hedge funds due to the recession crisis. Ah well, I'll stick with this long-term as well and try to ride out the impending storm.

For my Roth IRA I also decided to pull the trigger on PowerShares WilderHill Clean Energy (PBW), which is basically an alternative energy ETF. It's been getting beaten down pretty well as the solar sector has been, so I figure it's a good time to get in. Another long position here.

I've also created a CAPS profile to reflect my real-life portfolio and it's now featured on this site as well. Enjoy!