The top 100 stock
market authors
selected for publication
market authors
selected for publication
»
Comments
» BBY
You are currently following Archman Investor
Stop FollowingYou are no longer following Archman Investor
-
1112
)
Christmas Comes Early: Key Retailer CDS / Equity Relationships [View article]
The "analysts" are betting on a good holiday. LOL. Way to funny.
We could be in the middle of a combined nuclear war, famine, and environmental disaster and these "analysts" will lie thru their teeth to spin a happy tale.
It was just reported yesterday that a full 10% of Americans are on food stamps right now. So we have 20% unemployment, Walmart as this nations largest employe paying an average of $8.75 an hour, plus 35 million Americans on food stamps.
I challenge anyone to put up a happy scenario if the government were to withdraw ALL of its trillions in stimulus money it has provided thus far.
HA.
The stock market would correct to its 25 year continuation trend line of 750, the dollar would get a lot stronger, companies that should have gone bankrupt, will go bankrupt, bankers would get paid what they are really worth and most of all, we wouldn't be letting congress, the Fed and treasury steal from the next 3 future generations of Americans.
Still enjoying this completely phony FED induced stock market rally here. But be wary folks. It is built on nothing but air and promises and as always, average Americans are going to get killed as CNBC, and all their asset gathering buddies laugh all the way to the bank.
compdivplan.com
S&P 500 Back above 50-Day Moving Average [View article]
It always reverts to the mean however.
Everyone can get excited about stocks, and with the help of the financial media, their partners in crime the mutual fund managers, by golly we can walk this baby up to 1200 again on the S & P.
Just remember, everything reverts to the mean over time. The farther away we move from 750, the farther we have to fall back to that level.
It sure would be nice if the S & P was at 750 and from there, just went up 10% a year (dividends included) for the foreseeable future.
Instead of what could be up 30%, down 12%, up 15%, down 5%, up 8%, down 45%, etc. But alas, thanks to the Fed and its "partner" trading desks at all the major banks and investment houses, we can expect the market to benefit Wall Street while mom and pop keep losing their shirts trying to figure out when to "get in".