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Brad Kenagy

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  • 5 Reasons The S&P 500 Could Fall 20% By The End Of 2013 [View article]
    I'm sorry your writing is extremely difficult for me to understand. Nowhere in my article did I mention anything about Alpha! So I have no Idea where some of your thoughts are coming from.

    I read through your profile, I think you might need some more information to further your investing knowledge and skills. I would suggest a great book by Jeremy Siegel.

    Amazon Link: http://amzn.to/YfwkON
    Feb 21 11:52 PM | Likes Like |Link to Comment
  • 5 Reasons The S&P 500 Could Fall 20% By The End Of 2013 [View article]
    GHargis Thank you for your comments I agree with you. With the massive amount of QE in the market, this has led to inflation in food and energy prices. There is very little or no economic growth. So what is the name for the condition where there is a lack of growth, and rising inflation? STAGFLATION !!!!
    Feb 21 10:00 PM | 3 Likes Like |Link to Comment
  • 5 Reasons The S&P 500 Could Fall 20% By The End Of 2013 [View article]
    Thank you for your comment. To answer your question:

    Correction from what point?

    -From my article:"I then applied that number to today's and yesterday's high of 1530.94"

    When?

    -No one can predict the exact time a correction will occur, as I stated in my article for the reasons I described "I believe the S&P 500 will hit sometime during the remainder of 2013." So a time-frame of within the next 10 months.


    Also, I can not understand your sentence "RU seekingalpha 4 a good reason? If not, then cash and bonds will do ok if you live >150 years." If you could clarify that would be great.
    Feb 21 09:20 PM | Likes Like |Link to Comment
  • 5 Reasons The S&P 500 Could Fall 20% By The End Of 2013 [View article]
    Thank you for the comment. I agree my generation will hopefully be able to manage fiscal issues and make the tough choices. Not to be to rude to older people but we need some younger people in office. Then people will say "Oh they have experience" yeah look at what that "experience" has got us. Best thing that could happen is TERM LIMITS for all senate and house members. That would be a great fix! so they wouldn't be worried about winning re-election and could focus on the actual issues. Seems like common sense but politicians don't understand common sense.

    "According to CQ Roll Call newspaper, the average age of House members in the 113th Congress is 57; the average age of senators is 62. "
    Feb 21 08:28 PM | 1 Like Like |Link to Comment
  • 5 Reasons The S&P 500 Could Fall 20% By The End Of 2013 [View article]
    Thank you for your comments. I believe a large portion of the stock market rise since the March 2009 lows is from huge amounts of QE that the US had. Paychecks got smaller because of the payroll tax cut expiring, so less money that is being put towards 401k, IRA by employees and employers.
    Feb 21 08:21 PM | 2 Likes Like |Link to Comment
  • 5 Reasons The S&P 500 Could Fall 20% By The End Of 2013 [View article]
    Thank you for your comment. I have a chart for you and everyone else to look at that shows the Federal Reserve Balance sheet total. TO answer your question QE was not responsible for the 2008 financial crisis, it was housing, loan underwriting standards, and excessive leverage at financial institutions.The chart clearly shows there was no excessive QE leading up to the financial crisis of 2008.

    http://bit.ly/WZMDj3
    Feb 21 05:49 PM | 3 Likes Like |Link to Comment
  • 5 Reasons The S&P 500 Could Fall 20% By The End Of 2013 [View article]
    Thank you for your comments. I agree with your points as well. If I had to make a guess, I think the correction would be less than 20% if there were none of the three Fiscal issues I outlined above. But that isn't the case, I really have very little belief that President Obama, or either party in congress can come together for a "Common sense" deal on the fiscal issues. Most likely more poor short-term fixes.
    Feb 21 05:40 PM | 4 Likes Like |Link to Comment
  • 5 Reasons The S&P 500 Could Fall 20% By The End Of 2013 [View article]
    Thank you for your comments, but I respectfully disagree with you.
    Feb 21 04:40 PM | 2 Likes Like |Link to Comment
  • 5 Reasons The S&P 500 Could Fall 20% By The End Of 2013 [View article]
    Thank you for your comment. Nowhere in my article did I mention purchasing put options.
    Feb 21 04:39 PM | Likes Like |Link to Comment
  • 5 Reasons The S&P 500 Could Fall 20% By The End Of 2013 [View article]
    I would say thank you for your comment, but you mention nothing about the specifics of my article, and have a bad tone.

    Also,For your information I started writing the article yesterday, and in the article I am looking forward to the medium term [8-12 months] not just extremely short term.
    Feb 21 03:14 PM | 9 Likes Like |Link to Comment
  • March Madness Trading Challenge [View instapost]
    Thank you for the idea, I thought about that, but it is more difficult to make sure a large number of people make their picks each week.
    Feb 21 01:56 PM | 2 Likes Like |Link to Comment
  • The Anti-Bloomberg Stock Portfolio [View article]
    Thank you for your comments. I completely disagree with all of your comments except for your last one.

    -I don't have time to waste, because you can never get back time you wasted so I always try to use my time.

    -Some products can shorten ones lives, but there has also been studies that chocolate is good for you in small amount, a beer or glass of red wine has shown to be possibly good for you. THIS IS AMERICA!! I have the choice to eat whatever I want, knowing full well the health consequences.

    -These companies do promote some healthy trends for instance, McDonalds, started selling salads, Phillip Morris does electronic cigarettes, also, have you noticed over the last decade or so the size of candy bars are getting smaller and smaller?

    -Guns dont kill people, People kill people. The Newton incident was extremely tragic, but guns are just the easiest thing to blame. You know all the major shootings, the common thread was that all had un-treated metal illnesses. Also, in the Newtown case and the Mall shooting case in Oregon (which I live 20 minutes from) the shooters stole!! the guns!! Where is the talk by congress about getting better mental health for people who need it????

    Also, did you ever see the story about the man in china who injured 22 Children with a KNIFE!! so should we ban all knifes?

    http://yhoo.it/YISohv

    President Obama, Politicians, or Anyone else who is for striping away constitutional rights of law abiding citizens should not be supporting legislation that violates the constitution or invades on people freedom to chose what they do.

    For instance I freely chose WITH NO government intervention in my life, not to drink alcohol or smoke cigarettes.
    Feb 21 10:48 AM | 1 Like Like |Link to Comment
  • The Anti-Bloomberg Stock Portfolio [View article]
    Thank you for your comment. Its the reverse of buying in bulk to save money. When you buy multiple small items, the average cost per item will be higher than an if the item is bought in bulk.
    Feb 21 10:22 AM | Likes Like |Link to Comment
  • A New Permanent Portfolio For The 21st Century [View article]
    Thank you for your comments. I dont see anything wrong with re-balancing say like once a year using ETFs.
    Feb 21 10:20 AM | Likes Like |Link to Comment
  • The Anti-Bloomberg Stock Portfolio [View article]
    Thank you for your comments. I totally agree with you, less lawyers, and career politicians would be a wonderful thing. More Business leaders, doctors, etc, anyone who is actually out in the "real world" because Most politicians and lawyers live in a "fantasy world."

    Obama and congress, pretty much ignored the business round table of CEO's.

    -A CEO would know how to manage investors at odds with each other. Example: The Herbalife (HLF) CEO trying to manage a company with a dual going on with investors [Political Term: Republicans vs Democrats arguing]

    On a side note: Ackman and Icahn should be in a political office, they both sound like politicians that cant get along and have polar OPPOSITE views.
    Feb 20 10:20 PM | 1 Like Like |Link to Comment
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