If we keep moving up like this, stocks could go "parabolic," says Art Cashin. The stocks that have the heaviest short positions have already raced ahead of the indices, and they are going to crumble if we keep going. (Video). [View news story]
I've been taking profits on several long term holdings already this year. Meanwhile I have some hefty dividend paying holdings that I will continue to hold. I have some hedged positions too, just in case Jim Cramer is wrong ... lol.
If we keep moving up like this, stocks could go "parabolic," says Art Cashin. The stocks that have the heaviest short positions have already raced ahead of the indices, and they are going to crumble if we keep going. (Video). [View news story]
Interesting point. Perhaps subconsciously Art Cashin meant parabola, as in we may see a decline in the near future.
It bothers me a little when Cashin makes basically the same claim as Cramer did a few days ago. "Irrational exuberance?"
iRadio (AAPL) is "still bogged down in licensing talks," music industry sources tell The Verge's Greg Sandoval. In addition to Sony (already reported to have rejected Apple's licensing terms), BMG is said to be holding out for a better deal; one has reportedly been signed with Universal. Apple's interest in offering on-demand options not found on Pandora (P) and other Web radio services has reportedly complicated talks. Past reports stated Apple is aiming for a summer launch. [View news story]
I don't own anything made by Samsung, but that is simply because I have not found anything they make that I personally like. As for Google, I use Google Maps, though I dislike the efforts they have put into getting access to written content through sponsoring Orphan Works legislation. I'm not a boycott type of person, though I understand that is fairly popular at the moment in the United States.
Meanwhile the legal battles drag on over "design" patents, which are (in my opinion) simply ways to get around copyright laws that may become weaker in the future. There was no Trademark violation in these battles. The distinctions of the design lawsuits is unique to the US market, because patent laws vary from country to country. Obviously people are extremely polarized on this, so I have no interest in anyone agreeing with me; I am simply stating my opinion. I should point out that I have been massively stubborn all my life, so don't waste time typing a reply to try to change my viewpoint.
I have zero emotional attachment to any of my investments, and the same goes for devices I choose to use in my life. Emotions are best reserved for important things like personal relationships, or pets in your household. Getting "mad", as you suggest, accomplishes nothing in investing.
The permit approval for the Freeport gas export project opens up the dam for other pending applications, but the pace of coming decisions is still unknown, analysts say, adding that similar projects building from existing facilities are best placed to secure approval and financing. Meanwhile, Cheniere Energy (LNG) has reaffirmed its operating target date of late 2015 for the export terminal it is building at Sabine Pass, La. [View news story]
My feeling is that export approval has already been priced into the shares. We may see an odd move after the official license begins, though we may see some speculative buying too. Once actually cargoes have been shipping for a full quarter, then we will know the true long term potential based upon actual fundamentals.
The permit approval for the Freeport gas export project opens up the dam for other pending applications, but the pace of coming decisions is still unknown, analysts say, adding that similar projects building from existing facilities are best placed to secure approval and financing. Meanwhile, Cheniere Energy (LNG) has reaffirmed its operating target date of late 2015 for the export terminal it is building at Sabine Pass, La. [View news story]
Cheniere does not run the Freeport LNG terminal. Pangea LNG is another terminal to watch on license agreements. While Cheniere may get a different export license than Freeport, we will need to wait a bit longer for that to be finalized. Overall it is good to see these various projects finally moving forward.
If we keep moving up like this, stocks could go "parabolic," says Art Cashin. The stocks that have the heaviest short positions have already raced ahead of the indices, and they are going to crumble if we keep going. (Video). [View news story]
SPXA50R hit 93.00 today, nearly matching the late January 2013 93.40 on the index. In recent time this index has not crossed higher than 94.00 nor has it stayed above 90.00 for more than a few days.
iRadio (AAPL) is "still bogged down in licensing talks," music industry sources tell The Verge's Greg Sandoval. In addition to Sony (already reported to have rejected Apple's licensing terms), BMG is said to be holding out for a better deal; one has reportedly been signed with Universal. Apple's interest in offering on-demand options not found on Pandora (P) and other Web radio services has reportedly complicated talks. Past reports stated Apple is aiming for a summer launch. [View news story]
What would be the benefit to the companies holding rights to music, to sign up exclusively with Apple?
Part of your argument sounds like an anti-trust issue in the making. While many investors would like to see aspects of commerce converted into near-monopoly status, there are numerous legal issues that block that potential.
I think competition is good and healthy. In the end the consumer ends up with more choices, and competition can drive more innovation. Apple should be able to find something unique with such a service, that compels users to want to adopt that service. Simply blocking competitors does not appear to me to be a viable long term strategy. So far litigation has not altered the path of sales and platform drift.
The permit approval for the Freeport gas export project opens up the dam for other pending applications, but the pace of coming decisions is still unknown, analysts say, adding that similar projects building from existing facilities are best placed to secure approval and financing. Meanwhile, Cheniere Energy (LNG) has reaffirmed its operating target date of late 2015 for the export terminal it is building at Sabine Pass, La. [View news story]
I thought this was a great development, until I looked at which countries are now part of a Free Trade Agreement:
What really needs to happen to open up this market more is for the FTA with the European Union to go through. At that point we may see some substantial LNG exports from the United States.
iRadio (AAPL) is "still bogged down in licensing talks," music industry sources tell The Verge's Greg Sandoval. In addition to Sony (already reported to have rejected Apple's licensing terms), BMG is said to be holding out for a better deal; one has reportedly been signed with Universal. Apple's interest in offering on-demand options not found on Pandora (P) and other Web radio services has reportedly complicated talks. Past reports stated Apple is aiming for a summer launch. [View news story]
AAPL started iAD and has not been able to effectively monetize that yet. An internet radio service allows ad revenues. If they follow the model of Pandora (P), then ad free radio would happen at a subscriber rate. Basically this is software services, which tend to have better margins than hardware sales. I would guess that Apple would be able to leverage this better than Pandora.
Indeed, I wrote many months ago: "One of the first tenets of competition is to not follow your competition. Doing so would simply validate their moves, and make your company appear to be chasing the leader." Tough to not agree with you that streaming radio to iDevices is following competitors, though I think it is something that Apple needs to do to keep up with the competition.
I still enjoy my MacBook Pro too, though the newest all-soldered hardware from Apple has me investigating other devices for the first time in over 18 years. The designs are still sleek, though what was once rare and special has now become all too common. In some regions, Apple products are near saturation. I think the company needs to move more towards software and services.
Gold miners (GDX -3.2%) take another beating as gold continues to lose its allure amid disclosures of reduced bets by hedge funds, a World Gold Council report showing gold demand at a three-year low, and a surging dollar. For the miners, it's an ugly world of lower production, higher costs and falling prices. At least nine miners hit 52-week lows: NEM -3%, GG -2.7%, AUY -4.8%, HMY -6.3%, AU -2.5%, BVN -1.1%, ANV -7.4%, NG -2.7%, GSS -5.8%. [View news story]
Unloading of so-called "safe haven" investments towards more risk and more yield. There is also a growing sentiment of the possibility of deflation, especially when one looks into statements from several central bankers. However, with a currency war in progress, I still see these gold miners and gold ETFs as good long term choices. Probably not much return this year, beyond dividends, but heading into 2014/2015 moves this year can position one strategically.
iRadio (AAPL) is "still bogged down in licensing talks," music industry sources tell The Verge's Greg Sandoval. In addition to Sony (already reported to have rejected Apple's licensing terms), BMG is said to be holding out for a better deal; one has reportedly been signed with Universal. Apple's interest in offering on-demand options not found on Pandora (P) and other Web radio services has reportedly complicated talks. Past reports stated Apple is aiming for a summer launch. [View news story]
GOOG seemed to have accomplished this quickly, though it sounds like their service will be more of a competing product to Spotify. If AAPL manage to create a Pandora (P) like service, then it brings up the idea that Pandora may disappear from list of iOS apps. Overall it is good to see AAPL move more towards higher margin services.
The BlackBerry Q10 (BBRY -4%) will launch on Verizon and T-Mobile USA this June, and Sprint in "late summer." The Verizon/T-Mobile launches will come 2 months after the Q10 went on sale in the U.K. Meanwhile, Jefferies' Peter Misek continues singing BlackBerry's praises, stating checks leave him "very confident" about his 4M-unit BB10 shipment estimates for the May/August quarters, and that BES 10 will likely be "the main device management system" used by the DoD. BGR's Tero Kuittinen and Ovum's Adam Leach both argue the Q5 needs to be aggressively priced to win back share in emerging markets where low-end Android sales have skyrocketed. [View news story]
Shares are mostly moving to changes in options positions. There are around 1/3rd of all shares now tied to options positions. Until open interest declines, expect more of this. Shares are becoming more expensive to borrow, so we may see a change over the next several months.
Blackberry (BBRY) is downgraded to Hold by Bernstein's Pierre Ferragu, who lowers his price target to $15 from $22. "We dislike the risk/reward of our BB10 trade," he writes. "With Blackberry Live behind us, we see few additional positive catalysts coming through in the next 6 months." Shares -2.3% premarket. [View news story]
I find myself in agreement with your assessment. Considering product launch delays, and few new product announcements expected, then much will fall on sales figures. Unfortunately with products launching late each of the next two quarters, we will not see much of a trend emerging. I stated a while ago several times that I did not expect much until September, and this view seems to match.
Meanwhile I continue to hold shares. I'm not sure I would buy more shares, but if any macro market activity drives share prices under 10.00, then I would be tempted. So for now I still think Q2 2014 will be the target time for solid performance from BBRY.
Exposure To Country Risk: The Gold Fields And Sibanye Gold Edition [View article]
Anyone who held shares of GFI prior to the spin-off, got shares of SBGL. Just as a practical matter, longer term investors may want to add the two share price levels together to see where a non-adjusted GFI would sit. Obviously for new investors, these two should be treated as separate companies.
I covered the strike issues and labor issues in South Africa in a previous article about GFI. While the immediate issues were resolved, I indicate in the comments that some labor issues were ongoing. It may take many years before South Africa works through all the labor issues there, especially with the union tie-ups.
In the near term neither company may perform that well, but I still think the longer term view is solid. Gold futures have been hammered lately, though I don't see the price of gold collapsing. As long as gold mines remain profitable to operate, then many companies involved in gold mining should continue operations. GFI operates unhedged, unlike several other gold mining companies.
Chevron's (CVX) president of Latin American operations says Argentina - not China - has the world's second largest shale oil deposits after the U.S. Most of the world's shale gas has been developed from geological layers requiring horizontal drilling, but "everything is in a stack" at Argentina's Vaca Muerta formation, meaning CVX and YPF may be able to access the oil using vertical drilling techniques, CVX's Ali Moshiri says. (earlier) [View news story]
The biggest issue is water access for running drilling projects. Many farmers and land owners are opposed to shale oil projects in Argentina due to a scarcity of water.
The other issue is the current government in Argentina, though that may change in the future. At the moment policies have the potential to take Argentina towards another default, and more instability. Tough to invest in a country without a stable currency and financial markets.
If we keep moving up like this, stocks could go "parabolic," says Art Cashin. The stocks that have the heaviest short positions have already raced ahead of the indices, and they are going to crumble if we keep going. (Video). [View news story]
If we keep moving up like this, stocks could go "parabolic," says Art Cashin. The stocks that have the heaviest short positions have already raced ahead of the indices, and they are going to crumble if we keep going. (Video). [View news story]
It bothers me a little when Cashin makes basically the same claim as Cramer did a few days ago. "Irrational exuberance?"
iRadio (AAPL) is "still bogged down in licensing talks," music industry sources tell The Verge's Greg Sandoval. In addition to Sony (already reported to have rejected Apple's licensing terms), BMG is said to be holding out for a better deal; one has reportedly been signed with Universal. Apple's interest in offering on-demand options not found on Pandora (P) and other Web radio services has reportedly complicated talks. Past reports stated Apple is aiming for a summer launch. [View news story]
Meanwhile the legal battles drag on over "design" patents, which are (in my opinion) simply ways to get around copyright laws that may become weaker in the future. There was no Trademark violation in these battles. The distinctions of the design lawsuits is unique to the US market, because patent laws vary from country to country. Obviously people are extremely polarized on this, so I have no interest in anyone agreeing with me; I am simply stating my opinion. I should point out that I have been massively stubborn all my life, so don't waste time typing a reply to try to change my viewpoint.
I have zero emotional attachment to any of my investments, and the same goes for devices I choose to use in my life. Emotions are best reserved for important things like personal relationships, or pets in your household. Getting "mad", as you suggest, accomplishes nothing in investing.
The permit approval for the Freeport gas export project opens up the dam for other pending applications, but the pace of coming decisions is still unknown, analysts say, adding that similar projects building from existing facilities are best placed to secure approval and financing. Meanwhile, Cheniere Energy (LNG) has reaffirmed its operating target date of late 2015 for the export terminal it is building at Sabine Pass, La. [View news story]
The permit approval for the Freeport gas export project opens up the dam for other pending applications, but the pace of coming decisions is still unknown, analysts say, adding that similar projects building from existing facilities are best placed to secure approval and financing. Meanwhile, Cheniere Energy (LNG) has reaffirmed its operating target date of late 2015 for the export terminal it is building at Sabine Pass, La. [View news story]
If we keep moving up like this, stocks could go "parabolic," says Art Cashin. The stocks that have the heaviest short positions have already raced ahead of the indices, and they are going to crumble if we keep going. (Video). [View news story]
http://bit.ly/12vGTNT
iRadio (AAPL) is "still bogged down in licensing talks," music industry sources tell The Verge's Greg Sandoval. In addition to Sony (already reported to have rejected Apple's licensing terms), BMG is said to be holding out for a better deal; one has reportedly been signed with Universal. Apple's interest in offering on-demand options not found on Pandora (P) and other Web radio services has reportedly complicated talks. Past reports stated Apple is aiming for a summer launch. [View news story]
Part of your argument sounds like an anti-trust issue in the making. While many investors would like to see aspects of commerce converted into near-monopoly status, there are numerous legal issues that block that potential.
I think competition is good and healthy. In the end the consumer ends up with more choices, and competition can drive more innovation. Apple should be able to find something unique with such a service, that compels users to want to adopt that service. Simply blocking competitors does not appear to me to be a viable long term strategy. So far litigation has not altered the path of sales and platform drift.
The permit approval for the Freeport gas export project opens up the dam for other pending applications, but the pace of coming decisions is still unknown, analysts say, adding that similar projects building from existing facilities are best placed to secure approval and financing. Meanwhile, Cheniere Energy (LNG) has reaffirmed its operating target date of late 2015 for the export terminal it is building at Sabine Pass, La. [View news story]
http://1.usa.gov/LwzGX3
What really needs to happen to open up this market more is for the FTA with the European Union to go through. At that point we may see some substantial LNG exports from the United States.
iRadio (AAPL) is "still bogged down in licensing talks," music industry sources tell The Verge's Greg Sandoval. In addition to Sony (already reported to have rejected Apple's licensing terms), BMG is said to be holding out for a better deal; one has reportedly been signed with Universal. Apple's interest in offering on-demand options not found on Pandora (P) and other Web radio services has reportedly complicated talks. Past reports stated Apple is aiming for a summer launch. [View news story]
http://seekingalpha.co...
Indeed, I wrote many months ago: "One of the first tenets of competition is to not follow your competition. Doing so would simply validate their moves, and make your company appear to be chasing the leader." Tough to not agree with you that streaming radio to iDevices is following competitors, though I think it is something that Apple needs to do to keep up with the competition.
I still enjoy my MacBook Pro too, though the newest all-soldered hardware from Apple has me investigating other devices for the first time in over 18 years. The designs are still sleek, though what was once rare and special has now become all too common. In some regions, Apple products are near saturation. I think the company needs to move more towards software and services.
Gold miners (GDX -3.2%) take another beating as gold continues to lose its allure amid disclosures of reduced bets by hedge funds, a World Gold Council report showing gold demand at a three-year low, and a surging dollar. For the miners, it's an ugly world of lower production, higher costs and falling prices. At least nine miners hit 52-week lows: NEM -3%, GG -2.7%, AUY -4.8%, HMY -6.3%, AU -2.5%, BVN -1.1%, ANV -7.4%, NG -2.7%, GSS -5.8%. [View news story]
iRadio (AAPL) is "still bogged down in licensing talks," music industry sources tell The Verge's Greg Sandoval. In addition to Sony (already reported to have rejected Apple's licensing terms), BMG is said to be holding out for a better deal; one has reportedly been signed with Universal. Apple's interest in offering on-demand options not found on Pandora (P) and other Web radio services has reportedly complicated talks. Past reports stated Apple is aiming for a summer launch. [View news story]
The BlackBerry Q10 (BBRY -4%) will launch on Verizon and T-Mobile USA this June, and Sprint in "late summer." The Verizon/T-Mobile launches will come 2 months after the Q10 went on sale in the U.K. Meanwhile, Jefferies' Peter Misek continues singing BlackBerry's praises, stating checks leave him "very confident" about his 4M-unit BB10 shipment estimates for the May/August quarters, and that BES 10 will likely be "the main device management system" used by the DoD. BGR's Tero Kuittinen and Ovum's Adam Leach both argue the Q5 needs to be aggressively priced to win back share in emerging markets where low-end Android sales have skyrocketed. [View news story]
Blackberry (BBRY) is downgraded to Hold by Bernstein's Pierre Ferragu, who lowers his price target to $15 from $22. "We dislike the risk/reward of our BB10 trade," he writes. "With Blackberry Live behind us, we see few additional positive catalysts coming through in the next 6 months." Shares -2.3% premarket. [View news story]
Meanwhile I continue to hold shares. I'm not sure I would buy more shares, but if any macro market activity drives share prices under 10.00, then I would be tempted. So for now I still think Q2 2014 will be the target time for solid performance from BBRY.
Exposure To Country Risk: The Gold Fields And Sibanye Gold Edition [View article]
http://seekingalpha.co...
I covered the strike issues and labor issues in South Africa in a previous article about GFI. While the immediate issues were resolved, I indicate in the comments that some labor issues were ongoing. It may take many years before South Africa works through all the labor issues there, especially with the union tie-ups.
In the near term neither company may perform that well, but I still think the longer term view is solid. Gold futures have been hammered lately, though I don't see the price of gold collapsing. As long as gold mines remain profitable to operate, then many companies involved in gold mining should continue operations. GFI operates unhedged, unlike several other gold mining companies.
Chevron's (CVX) president of Latin American operations says Argentina - not China - has the world's second largest shale oil deposits after the U.S. Most of the world's shale gas has been developed from geological layers requiring horizontal drilling, but "everything is in a stack" at Argentina's Vaca Muerta formation, meaning CVX and YPF may be able to access the oil using vertical drilling techniques, CVX's Ali Moshiri says. (earlier) [View news story]
The other issue is the current government in Argentina, though that may change in the future. At the moment policies have the potential to take Argentina towards another default, and more instability. Tough to invest in a country without a stable currency and financial markets.