Two different views on negative interest rates I found interesting this morning:
- MARIO DRAGHI: Negative interest rates have made everyone better off
- HEDGE FUND LEGEND JULIAN ROBERTSON: Everything is in a bubble and it will end in ‘chaos’
I am in the bubble camp – negative interest rates don’t make any sense to me.
My Gilead Sciences trade is heating up – strike price is 78, expires on Friday – stock is trading at $78.73 per share right now – stay tuned! If I don’t collect the 300 share on Friday – will immediately sell 3 more contracts with an October 2016 expiration.
Regarding this alternative screen – Disney is still on my radar / watchlist. Here are all the results:
| Ticker | Price | Fair Value | Margin of Safety | Yield % |
| GILD | $78.73 | $124.00 | $45.27 | 2.2% |
| ALXN | $123.50 | $194.00 | $70.50 | 0.0% |
| WSM | $50.22 | $73.00 | $22.78 | 2.9% |
| DIS | $91.62 | $134.00 | $42.38 | 1.5% |
Click on the links to research further
Results are based on the following screen:
- Price / Fair Value <= 0.75
- Economic Moat >= Narrow
- Financial Health Grade >= B
- Morningstar Rating = Five Stars
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