Is it a Bull or Bear Market – Case for a Bear Market Rally [View instapost]
The point of the article was to make a fundamental case for a bear market rally. Regarding the 27.5 PE ratio, I suggest reading my latest article on the PE ratio for the S&P 500. The trailing PE ratio is 122 and the forward PE is 25.28 with a forecast for the next year's earnings of $41.49. The earnings forecast is from Standard & Poor's. There are several technical indicators that say we are near a high with a pull back likely. Then others tell us the rally will continue. My view from a techncial standpoint is we are still in a nice rally that shows signs of aging but has not turned down. The only problem I see longer term is the fundamentals do not support a strong recovery in the eocnomy, so I do nto expect the market to move up much more. Sideways trading is more likely
Aircraft Suppliers to Benefit from Airline Fuel Woes [View article]
The engine manufacturers will benefit with newer engines. However, the retrofit idea is more difficult for a variety of techncial reasons. The real benefit is making the planes lighter, which then requires less power fly, which lowers fuel consumption.
The U.S. Air Force is funding research into using bio fuels as a way to heop lower the cost of fuel. This is a few years a way at the least.
Coach Beats Expectations; Earnings Up 19% [View article]
I suspect women who are encountering a tighter budget will still buy Coach bags. They just will be the lower priced ones, which is why their margins are shrinking.
International sales should do well, especially in Japan as the dollar shrinks. Brazil and Asia should also contribute over time.
Six Refiners to Pump Up Your Portfolio [View article]
aflitzy,
I would look to buy FTO on dips to the 34 and 36 support levels. I also sell the refiners in late Spring or early Summer as that tends to be when thdir share prices peak.
Thank you to everyone for the comments. They are appreciated.
The fire at Alon's Big Spring refinery presents an opportunity to acuqire shares of ALJ at a lower price. I would be looking to buy ALJ on dips to 16.
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Latest | Highest ratedIs it a Bull or Bear Market – Case for a Bear Market Rally [View instapost]
There are several technical indicators that say we are near a high with a pull back likely. Then others tell us the rally will continue. My view from a techncial standpoint is we are still in a nice rally that shows signs of aging but has not turned down. The only problem I see longer term is the fundamentals do not support a strong recovery in the eocnomy, so I do nto expect the market to move up much more. Sideways trading is more likely
Biotech Dip: Sector Weakness, or Buying Opportunity? [View article]
Thank you for your comment. I agree, I am not interested in a penny stock like MRNA.
Aircraft Suppliers to Benefit from Airline Fuel Woes [View article]
Aircraft Suppliers to Benefit from Airline Fuel Woes [View article]
The U.S. Air Force is funding research into using bio fuels as a way to heop lower the cost of fuel. This is a few years a way at the least.
Coach Beats Expectations; Earnings Up 19% [View article]
International sales should do well, especially in Japan as the dollar shrinks. Brazil and Asia should also contribute over time.
Six Refiners to Pump Up Your Portfolio [View article]
I would look to buy FTO on dips to the 34 and 36 support levels. I also sell the refiners in late Spring or early Summer as that tends to be when thdir share prices peak.
Thank you to everyone for the comments. They are appreciated.
The fire at Alon's Big Spring refinery presents an opportunity to acuqire shares of ALJ at a lower price. I would be looking to buy ALJ on dips to 16.