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National Oilwell Varco: Wave The Dividend Goodbye PDF Print E-mail
ImageNational Oilwell Varco NOV is known as one of the best-managed oilfield services companies in the business. Management's cost containment efforts and pristine balance sheet have buoyed the company amid the rout in oil prices. I have been an NOV bear for over year now, claiming the stock was overvalued given its earnings prospects. However, bulls have ignored me given [i] the company's consistent dividends and [ii] an eventual rebound in oil prices. A commenter on my previous article had this to say:
Video: Rufus R. "Freight Jones" Stomps Ric Flair at Trump Rally Tucson, "Wooo! Wooo!" PDF Print E-mail

Donald Tump rallies get more interesting by the week. First there were black protestors -- sitting peacefully -- being removed by Trump in order to get publicity. Then the protesters clashed with police. Now the protestors and Trump supporters are getting into fisticuffs. A few weeks ago a random supporter sucker punched a black protester while he was being escorted off. And just when you thought you'd seen it all, Rufus R. "Freight Train" Jones punched, kicked and suplexed Ric Flair at a Trump rally in Tucson. (Ric Flair voice) "Woooo! Woooo!"

Unlike Taurean Prince, Wichita State's Ron Baker Receives Sympathy After NCAA Loss PDF Print E-mail

ImageI am a contrarian by nature and tend to root for the underdog in the NCAA tournament. Over the past few years Wichita State has showed out and given America some great memories. First of all the Shockers play the game the right way. The hard-nosed defense, all five guys rebound, and on off, they share the basketball. Baker, Fred Van Vleet were the stars of the team. However, nobody cared to got the credit and they put W's above personal gain. You can put former Shocker and current Knick, Cleanthony Early, in that category too. Secondly, the Shockers are nostalgic. I grew up watching Antoine Carr, Xavier McDaniel and Cliff Levingston give teams the business back in the day. 

"Nine Words" Caused Fed To Tamp Down Rate Expectations PDF Print E-mail

ImageThe Federal Reserve decided to keep interest rates unchanged as expected. The Fed also projected two quarter point rate hikes -- fewer than what had previously been envisioned. Fed Chairwoman Janet Yellen has cited the Fed's data dependency -- usually concerning inflation and unemployment figures. On Wednesday she introduced nine words that could prompt the Fed to keep rates steady for some time: "Global economic and financial developments continue to pose risks." I assumed Yellen would reference the global economy some time during the meeting. However, making it another key data point in deciding whether to hike rates sounds to me like a sea change. Read more:

Valeant Hit My $35 Price Target; Now What? PDF Print E-mail
ImageTuesday the Valeant (NYSE:VRX) released preliminary unaudited Q4 financial results and it did not go well. I perused the results, saw that the 2016 revenue forecast was shy of previous estimates and assumed the stock would rise 10% as usual. By mid-morning my brokerage account had gone haywire; VRX had free fallen 45% and my long-dated puts were deep in the money.
Cameron International Is In For A World Of Hurt PDF Print E-mail
I have been following Cameron International (NYSE:CAM) ever since Q4 2014 when the divergence in oil prices looked like it was here to stay. However, I got greedy and forgot to take profits on my short play. I am still chafing from losses I incurred after Schlumberger's (NYSE:SLB) ill-fated takeover announcement in August. Cameron has since flown under the radar as longs await the deal closing. That said, oil prices are expected to be "lower for longer" and so is Cameron's business outlook. Read more:
Video: Northern Iowa Stings Texas With Half Court Buzzer Beater PDF Print E-mail
The NCAA tournament is noted for upsets and unbelievable finishes. This year will be no different. North Iowa and Texas were in a barn burner -- tied at 72 with less than three seconds left. Paul Jesperson then sent the Longhorns packing with an impossible heave from half court.
Video: Trump Rally Protester Punched In The Face, Arrested PDF Print E-mail
During a Trump rally in Fayettevile, NC anti-Trump protesters were escorted out by authorities. One was sucker punched by a Trump supporter and what was the victim's reward? He was arrested by the cops. The guy who punched probably wanted to "steal" a black man his entire life. After all, what's the point of being an American if you can't punch a black man and get away with it?
Can't Take Stephen F. Austin's Thomas Walkup Anywhere PDF Print E-mail
ImageYou can't take Thomas Walkup and Stephen F. Austin's basketball team anywhere. The 14th seeded Lumberjacks slapped 3rd seeded West Virginia 70-56. The star of the game was Walkup, the senior small forward hung 33 on the Mountaineers. He was dishing and swishing, swerving and derving and garnered a standing ovation from the Barclays center crowd. The Lumberjacks have the longest active winning streak in the country, and if they can continue to get great guard play and control the boards they'll be a tough out. They came up from Nacogoches, TX -- a town of 33,000 folks -- and showed their behind in a city of 8 million. You can't take these fools anywhere. 
While Obama, "Hamilton" Star Freestyled, Weatherford And JP Morgan Betrayed The Public Trust PDF Print E-mail

Earlier this week President Obama's freestyle session with Hamilton star Lin-Manuel Miranda was dope, groundbreaking ... I mean, how often does a rapper get to freestyle at the White House son? Famed rapper Chuck D -- not known for hyperbole -- had this to say :

MrChuckD: This is doPE @Lin_Manuel and @POTUS best ever done it. 

While the President was free styling Weatherford International, Morgan Stanley and JP Morgan were betraying the public trust. That wasn't cool, dope or groundbreaking. However, they may be among the "best who ever done it."

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