Rocky’s Weekly Stock Picks

This week we’re seeing some of our favorites dipping and we want to get down while the price is, um, down. We are once again pre-posting, so the prices will be noticeably “off”, and we certainly can’t predict any sudden drastic shifts.

Also, if you have any BOIL interests, now may be a good time to offload your holdings and take profit. We sure did! Alternately, now is probably a good time to short BOIL. We’re not particularly fans of shorting, but we’re also very risk-adverse.

1. AG - $6.09/share, weekly options. 0.243% yield. These are shares of a silver mining company, and as such the price doesn’t necessarily correlate to the spot price of silver.
   
   From where we sit, anything under $7 is a buy. Or a great choice of running an option “wheel”.
   
   Really any stock that you don’t mind owning is a great choice for a wheel. Bonus if it pays a dividend.
   
   

2. T - $17.60/share, 6.28% yield, weekly options. These are shares of ATT.
   
   Another fantastic choice for a wheel, a great option for dividend income, and just an all-around safe place to park money.
   
   For us, anything under $24 is a ‘buy”, no questions asked.
   
   
   

3. SLVO - $82.34/share, 12.9% yield, no options. Formerly Credit-Suisse, now part of UBS, these ETNs are more directly pegged to the spot price of silver.
   
   Our average basis is over $90/share at this moment, so for us this is an easy “buy”.
   
   Over the life of this symbol, there has been a 2% total loss. However, in shorter durations we’ve seen gains from 0.76% to 27.93%. If trading is more of your thing, there is certainly potential here.
   
   For us, we like all things silver. Physical, notes, funds, equity… we have a bit of it all. You just cannot go wrong with silver.
   
   But don’t take our word for it, listen to Warren Buffet and watch his actions. As he urged investors to shy away from silver, he purchased several billion dollars of physical silver. Hm… hmmm…. HMMM. Gee, we can’t help but wonder if super wealthy individuals might want the silver for themselves.
   
   
   

4. HAS - $60.33/share, 4.825% yield, monthly options. Hasbro is a solid company, and also represents a sector we generally don’t have a lot of exposure in. Toys!
   
   Toys would fall under the umbrella of ‘consumer cyclical’, but that’s like saying that bars fall under the umbrella of ‘restaurants’. While true, it can be misleading and doesn’t paint a full picture of reality.
   
   In any case, we entered at $100 and have averaged down to $60. Let’s beef up our holdings before that price creeps much higher!
   
   
   

5. EWQ -$37.80/share, 2.99% yield, monthly options. This is iShares MSCI France Index Fund.
   
   We don’t know much about this, but we see that it consistently turns profit. We also notice that the largest sector of investment for this fund is 'Industrials’.
   
   Really we just wanted some quick exposure to French markets with minimal research and not having to think about it. iShares are generally going to be a safe place to park money. Even if the share price moves unfavorably, the distributions should make up for the difference if we have to liquidate on the fly.