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Gary Jakacky  

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  • 4 Recent IPO Stocks To Sell Or Sell Short [View article]
    Amen. Starbucks sells coffee which is too strong, as well as pastries that are small, dense, dry and stale. Krispy Kreme sells mechanically perfect donuts that lack flavor and individuality. McDonalds coffee is brewed with water so hot it imbues the beverage with a burnt taste no matter how much cream ya put into it.

    Dunkin has fresh donuts, bagels, croissants and sandwiches continuously frosted and prepared for their customers.

    Go into DD and enjoy the atmosphere as folks sit back and talk while they enjoy their breakfast. Compare this with Starbucks snoots with their noses buried in their laptops.
    Sep 8, 2011. 12:01 PM | Likes Like |Link to Comment
  • S&P Back At 1200, But All Is Not Well [View article]
    Keep your eyes and ears open and mouth shut, ye technicians, and let us hear what the market tells us. If indeed the last few weeks are a bear flag, when we break the lower trendline we will fall another 275 S&P points. Ouch.

    Sep 8, 2011. 08:38 AM | 2 Likes Like |Link to Comment
  • The bulls are setting up for a monster rally through the end of the year, asserts Forbes contributor Ali Meshkati. He says the present level of bearishness in the market is extreme, and accentuates the fact that many portfolio managers are currently underallocated and underwater. With that mix, any sustained rally is likely to be explosive when investors start chasing performance going into the final stretch.  [View news story]
    If the market is starting to smell a republican congress and white house for 2012, then an explosive rally is indeed in the cards: think of an economy with a strong dollar, a major commitment to natural gas production, deregulation, repeal of Obamacare, a balanced budget amendment sent to the states, death of net neutrality, and neutering the EPA.
    Sep 7, 2011. 09:17 PM | 7 Likes Like |Link to Comment
  • Dollar soars vs franc as Switzerland caps value [View article]
    Hey should hitch your wagon to a STAR....not to a ROCK. Let the Euro die. Flight capital will more than offset the stronger Swissie.
    Sep 6, 2011. 12:04 PM | 1 Like Like |Link to Comment
  • US recession fears savage world financial markets [View article]
    Isn't it nice to know that socialist ratholes like Greece and Italy are destroying the life savings of millions of America's greatest generation, just as they enter their late retirement years and hoped to bequeath them to their children? Behind American soldiers and at American expense, these countries used their military free ride to prop up their nanny states. Now that the piper must be paid, they turn again to the US (please, please keep your interest rates at 0 so we don't suffer capital flight) to keep their wheels turning.

    Sep 5, 2011. 05:37 PM | Likes Like |Link to Comment
  • The weak August jobs data makes action from the Fed "a sure thing," observes RBS economist Michelle Girard. Unfortunately, she thinks Mr. Bernanke will choose to simply extend the duration of the Fed's portfolio in an effort to bring long-term rates down - despite the fact that long-term rates are already negligible and resulted in zero job creation.  [View news story]
    Insanity is defined as doing the same thing repeatedly and expecting a different result. For 12 years interest rates have been too LOW. We need to raise interest rates, crush commodity prices, draw money out of gold, back into the US as the dollar strengthens, reward prudence and savings instead of profligate homeowners and banks; and make it clear the only investment which will generate a return is one which makes a real contribution to our production of goods and services. Add to that deregulation, which even the Anointed One seems to have belatedly discovered.

    Sep 2, 2011. 08:40 PM | 13 Likes Like |Link to Comment
  • The President overrules EPA efforts to force states and localities to reduce smog, abruptly requesting the agency withdraw proposed new rules. Businesses had lobbied hard for the restrictions to be delayed until 2013, given the current economic difficulties.  [View news story]
    Extra extra! Obama discovers Tax cuts, deregulation! News at Ten! Economist Krugman on suicide at Eleven!

    Sep 2, 2011. 11:28 AM | 4 Likes Like |Link to Comment
  • Sam Eisenstadt, former research director at Value Line, forecasts an 18% return for the stock market over the next six months - Dow 13,600 and S&P above 1420. While conceding that such a return “sounds too good to be true,” he’s learned from 63 years researching stocks “not to question the numbers [produced by his model] nor attempt to rationalize them.”  [View news story]
    Good article. Keep in mind you Statboys should know you can get an r-squared of .45 by throwing any garbage ya want into a model; r-squared is always positive and can not fall as variables are added. But I'll take Value Line over any other service; and Mr. Eisenstadt was forecasting earnings while most of todays analysts were still a glint in their daddy's eye.

    Sep 2, 2011. 11:25 AM | Likes Like |Link to Comment
  • Rail Traffic Turns Negative [View article]
    Good comments above. I might add we need to look at a far longer time period than just a few years to see examples of 'noise' in rail traffic shipments, which helps analysts separate the wheat from the chaff.

    Sep 2, 2011. 10:49 AM | 1 Like Like |Link to Comment
  • Investing For Retirement Part III: Allocate Assets Based On Job Sector Risk [View article]
    Good article In my case, I have joined the 'new normal'
    economy and incorporated the authors' thoughts by developing a 'portfolio' of career skills that allow several different PART TIME employments in different areas of the country.

    Sep 2, 2011. 10:31 AM | 1 Like Like |Link to Comment
  • The 'Supercommittee': What It Should Do And What It Will Likely Do [View article]
    I don't care about wealth distribution. Steve Jobs is wealthy and at the same time has created a billion careers. Take away his wealth and incentive to innovate and you end up with the basket case solar energy companies the Anointed One is throwing money at. Nor is the quantity of wealth INDEPENDENT of its distribution, a key assumption of Marxists and Fascists everywhere. Take a physics book out of the hands of a scientist and give it to a Longshoreman. The former could use it to create a new technology; the latter would use it as a paperweight. Our tax policy takes money away from innovators and hands it to illegal immigrants and criminals (redundant, I know)...and we wonder why employment growth is approaching European/third world levels.
    Sep 1, 2011. 11:31 AM | Likes Like |Link to Comment
  • The 'Supercommittee': What It Should Do And What It Will Likely Do [View article]
    The top 1% of taxpayers pay 39% of all taxes, and thats not enough? And that 39% is more than in 2000, when Bush took office.
    Aug 31, 2011. 10:42 PM | Likes Like |Link to Comment
  • 'Buying Dividend Stocks For Income' Arguments Don't Make Sense [View article]
    (1) If they are highly correlated with the market, they DO recover when the market recovers, which is one of your concerns.

    (2) Screening for coverage and liquidity ratios removes many of your other concerns.

    Your article is good in that it reminds us that dividend stocks are often stodgy, conservative investments not for the cocktail party crowd.

    Aug 31, 2011. 12:09 PM | 21 Likes Like |Link to Comment
  • How The Fed Could Solve The Housing Crisis [View article]
    Good points about "x". There is no point shooting ourselves in the LEFT foot just because we shot ourselves before in the right. Nonetheless, the solution is to raise short term rates to 2% or more, generating a real return for savers and investors, who were the engines of growth in an economy, not government political hacks and overextended homeowners. The 'collapse' you fear would be commodity prices (an input cost for businesses, if you recall), Gold, government bonds (sorry, China...not that I really care) and other non-productive 'save-my-assets.' Money would flow out of these assets and into productive enteprises which make money by selling goods and services people need.

    The recovery which followed, much like the Reagan explosion of the early 1980s, would generate record employment growth, stable prices, and innovative technologies (assuming, as with Reagan, we deregulate).
    Aug 31, 2011. 11:11 AM | Likes Like |Link to Comment
  • Economy Not As Bad As It Seems [View article]
    Right. Keep blaming Amerikans for 'not understanding' the wonderful policies of the Anointed One. Funny thing is, the more he and his toadies explain 'em, the less we like 'em.
    Aug 31, 2011. 10:36 AM | 3 Likes Like |Link to Comment