myWealth.com

Chrysler, GM Travails Could Be a Boon for Honda

Well, if I hadn't made so much money out of these methods for the past 16 years, I'd be inclined to agree with that logic. However, when it's worked for that long...I think I'll continue on.

If you have something (a method) that makes you money, stick with it. Go with what you believe in. Mine reaps great rewards for me through the years.


On Apr 02 03:30 AM yay wrote:

> What I dont get about you investment people i if you really think
> that the information out of which you build your great ideas isnt
> already PRICED IN since the very second (or even before) it became
> public. The market is a machine that works on information and you
> can say this information appears at random. All your investing is
> just guessing, all you do is rationalize this afterwards and make
> a concept out of it. This is an academical view and markets are sureley
> not that efficient as these professor dudes say they are, especially
> with all the gov fuckery around but theyre certainly not that stupid.

Chrysler, GM Travails Could Be a Boon for Honda

Glad you like it. Dog bites man is of some news....Man bites dog, is huge news. haha.


On Apr 02 02:13 AM mac.barron wrote:

> Nice headline, I think it's called a "Dog Bites Man" lead.

Chrysler, GM Travails Could Be a Boon for Honda

While it may be true that you won't buy a foreign made vehicle (and nothing wrong with that at all)...market share is gained all the time by the Asian manufacturers because many people are dumping American cars for Asian and Korean ones all the the more, all the time.

Unfortunately, the Asian manufacturers make a better car...goes further and gets better gas mileage...they've also jumped on the "eco" thing much quicker than Detroit. They were still pushing Hummers/SUVs.

Plus Detroit has a much tougher road with the health care costs and union disadvantages. This gives Toyota, Honda, etc. an edge over them.

Thanks for posting.


On Apr 01 06:40 PM ED K wrote:

> Informative article with good points made,probably all the auto manufacturers
> will benefit to some degree including FORD. Perhaps "BUY AMERICAN"
> and being a little bit leary of Gm and Chrysler's future might have
> some impact and there are many of us that just won't by a foreign
> made vehicle.
>

Chrysler, GM Travails Could Be a Boon for Honda

Tell that to those buying up Honda and Toyota stock vs. GM/Ford, which is down in the toilet. Ultimately, people "vote" with their money...and they are "voting" the Asian manufacturers up, and Detroit down.

If the big institutions were convinced that GM was going to outsell Toyota consistently, there would be a ton of GM buying going on...but they are in so much trouble right now financially, that bankruptcy may be in the cards. Even if not, they're still spinning their wheels.

Thanks for posting.


On Apr 01 05:43 PM Thadeus Thornton III wrote:

> Just for some perspective. .. according to the newly released March
> sales figures. GM sold almost 17% more light vehicles in March than
> Toyota. Even Ford was only about 1,700 units behind Toyota. GM sold
> some 155,00 vehicles in March, which is actually up from February.
> Well, up is up isn't it? A glimmer anyway.

Chrysler, GM Travails Could Be a Boon for Honda

haha, not sure...but one thing to remember...they haven't "taken" our market share...we've given it to them. The market share went to the one that wanted it more...they won the recent hands for sure. So that part is our own fault really. I hate to say that as an American...but it's true.

Thanks for posting.


On Apr 01 05:01 PM Mister Jimmy wrote:

> Do you think that when the Japanese utterly and completely control
> the U.S. vehicle market they just might use one of those little Priuses
> to drive up our collective butts?

Chrysler, GM Travails Could Be a Boon for Honda

Yeah, I think Toyota will do well too...just from a technical standpoint, buying has come back into Honda much sooner. But I'd not be opposed to owning both. They'll do better than the "big 3" for sure.


On Apr 01 04:38 PM Mad Hedge Fund Trader wrote:

> The are going to have to deal with Toyota (seekingalpha.com/symbo...).
> The 3G model Prius, which boosts gas mileage from 46 to 50 mpg, carries
> solar panels on the roof, and offers more elegant styling, will cost
> around $23,000, stripped down. To date, the Japanese car maker has
> sold one million of the snub nosed, high backed vehicles, which account
> for 50% of the global hybrid market. Toyota hopes this 3G model will
> fight off competition from Honda’s Insight and the Ford Fusion, but
> it won’t be easy. Hybrid sales fell 31% in 2008, and the US car market
> is now thought to be running at an 8.8 million run rate, down precipitously
> from the 19 million peak. This will be the last Prius model before
> Toyota brings out its plug in version next year, which will run on
> batteries only for the first 40 miles of every trip. A 3G win would
> give Toyota’s US traded ADR’s, which have recently plunged from $138
> to $58, some much needed life support.
>

Be Prepared for a Weaker Yen

Look at the USD/JPY rate then...as of that writing....and look at it now. That speaks for itself. USD/JPY pushing 100 again.

Be Prepared for a Weaker Yen

Yeah, so far I've never gotten into backwardations and contangos, etc. I understand the concepts but don't consider myself an "expert" by any means in those areas, so I generally don't write that way.

Thanks for the comment though. I appreciate you confirming that I did not say that.

I greatly appreciate you reading my articles. I'm glad you like them.

Be Prepared for a Weaker Yen

If CAD/JPY can clear its sideways range on its daily chart around 79-80, then I'll get bullish on it too. All yen crosses have rallied hard overnight and today...but USD/JPY was the only one that had broken its sideways range and downtrend both. So I am more bullish on it at the moment.

Also, USD/CAD is triangulating up on its daily chart. I'll be interested to see which way it breaks out to see when those two are directly compared, which ends up being the stronger.

Where is the article posted where you made a reference to My Wealth? Just curious.


On Feb 24 01:14 PM paultaut wrote:

> Go for it, The Yen is definitely your baby, and you are proably right
> on the other Asian currencies as well.
>
> Any thoughts on the Loonie? I personally believe it has held 78 very
> well over the last few months.
>
> I just included myWealth in another article, disparaging to a degree,
> basically because a number of Articles were written about Backwardation
> and abrubtly dropped without explanation.

Be Prepared for a Weaker Yen

I think the USD will follow JPY's weakness probably not too far off from now. JPY was the strongest on the way up and USD 2nd strongest. Now JPY leading the charge downward...and I think that the USD could turn downward soon too. It has already had a decent pull back but hasn't broken down quite like the yen just yet.

I'm also looking to see if the double top on the daily chart of the USD index holds. That will tell a lot too.

Thank you guys for writing.


On Feb 24 04:31 AM User 143167 wrote:

> Don't you think the weakness of JPY is a harbinger of USD weakness
> too?

Be Prepared for a Weaker Yen

The other asian currencies have gotten "overly weak" and they are using reserves but now have the ability to use this pool. So they are sending a message to the markets that they want them to have a stronger currency than what they have now.

Yes, they do need to strengthen against the dollar at this point. For right now, both are out of whack...the dollar and these other Asian currencies. The pendulum has swung too far one way, and we should be at the beginning stages of it starting to swing back the other way.

Love the move on the yen through the night and today. USD/JPY and EUR/JPY and other yen crosses have propelled much, much higher on yen weakness. Nice!

USD/JPY has broken its downtrend line and its sideways range all recently...so it could head to 100 fairly quickly now..and possibly as high as 105 or so in the coming weeks to months.


On Feb 24 09:29 AM paultaut wrote:

> Great Switch.
>
> The move above 100 may come faster than you alude.
>
> The Japanese GDP numbers are supposed to get weaker. They are intervening,
> at least that was the conjecture for a recent move. An Industrial
> base more concentrated than most, they are really hurting. So they
> are pushing for a weaker Yen after having sat on the sidelines allowing
> "Market Forces" to govern the Yen's moves.
>
> One question, What are those other Asian Currencies going to strengthen
> against? The Yen?
>
> Or do you actually believe they will want to erode the Product Pricing
> advantage they currently have by having their currencies go up against
> the USD?
>
> Like I said, a great switch.
>

Profiting from More Retail Store Closings

Deals do need examining for sure. But its a way to pick up companies on the cheap...much like Bank of America did with Countrywide and Merrill Lynch.

These companies were between a rock and a hard place.

However, the main point is that if a company feels strong enough that they can take on a company and help it recover, then it feels its balance sheet can support it while it recovers.

It's just one way for the "non-balance sheet savvy" to get an idea of how strong a company feels that they are. If they feel they can handle the extra load, then they are likely a good bet (as far as their own survival).

Once this all blows over, Bank of America will be in a better position having scooped up the other two companies at "distressed" levels.

Thanks for reading and commenting on the post. I appreciate it.