Latest News

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  Scorpio Tankers Increased

  I made a decision to increase the allocation to Scorpio Tankers (STNG) in the SMA Portfolio from 2.0% to 3.5%.

  • June 1, 2020
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  SandRidge Energy Sold

  I decided to sell the position in SandRidge Energy (SD) after they issued a "going concern" warning recently.

  • May 28, 2020
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  Scorpio Bulkers Added and International Seaways Increased

  As part of my new focus on profiting from the resurgence of the oil tanker industry, Scorpio Bulkers (SALT) was added to the SMA Portfolio.

  • April 30, 2020
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  Diamond S Shipping Increased

  Today I increased the allocation to Diamond S Shipping (DSSI) from 2.5% to 3.9%.

  • April 28, 2020
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  Nordic American Tankers Sold

  Having achieved over a 100% gain in the stock of Nordic American Tanker (NAT) since purchasing it last month I felt it was a good opportunity to sell the...

  • April 27, 2020
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  Initiated Positions in Diamond S Shipping and SandRidge Energy

  I decided to add to my holdings in the oil tanker area today with the purchase of Diamond S Shipping (DSSI) and the oil and natural gas production complex...

  • April 22, 2020
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  Mark Mobius is Cautious on Recovery

  Mark Mobius, globe trotting emerging markets guru for Mobius Capital Partners, was interviewed by CNBC's Joe Kernen this morning.

  • April 17, 2020
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  Global X MLP ETF Sold

  I decided to sell all Global X MLP (MLPA) holdings in the smaller accounts I manage held at Ameritrade, which includes the SMA Portfolio.

  • April 16, 2020
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  Ameritrade Clipped Me for $38 Again

  A big source of aggravation for me is Ameritrade's policy of charging a $38 fee for reorganizations, without notification or consideration of the position’s value.

  • March 30, 2020
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  International Seaways Added

  The oil tanker companies were in the middle of a strong bull market when the coronavirus scare caused all stocks to crater.

  • March 25, 2020
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