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Spencer Knight  

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  • FOMC minutes: June rate hike not a slam dunk yet [View news story]
    The raise will come in Q3. Always has and will happen. Europe's easy money policy will help to smooth out any possible short term consequences of a rate hike. The stars are aligning perfectly.
    Feb 18, 2015. 02:29 PM | 1 Like Like |Link to Comment
  • Job gains better-than-forecast in January [View news story]
    That business startup/death rate chart is very interesting. Tighter restrictions on lending may be a contributor to that trend. Other contributors could be stagnate wages, lack of innovation and the margins on manufacturing make it profitless for a startup.
    Feb 6, 2015. 01:30 PM | Likes Like |Link to Comment
  • Job cuts highest in two years due to falling oil price [View news story]
    Because oil did not fall because the economy is weak, then it must be the second option.
    Feb 5, 2015. 01:15 PM | Likes Like |Link to Comment
  • Jobless Claims jumps 11K to 278K [View news story]
    It will take UE rate well under 5% before wages grow. Before that point employers do not have to fight over employees because there is an abundance of competent employees. When we reach this point, we will see the price of goods rise as consumer U increases slightly in line with their higher wages.
    Feb 5, 2015. 01:10 PM | Likes Like |Link to Comment
  • Moonshot for Shake Shack, plan B for Five Guys and Smashburger? [View news story]
    This is why kids under 30 can't buy homes or pay off their student loans. They spend their money on completely moronic stocks and when they blow up they claim the system cheated.
    Jan 30, 2015. 12:46 PM | Likes Like |Link to Comment
  • FOMC: Still "patient," but rate hike remains on the way [View news story]
    Rates are going up this year and the markets have priced it in. We live in an efficient market. Nobody is ever surprised... At least not the big money.
    Jan 28, 2015. 02:41 PM | 2 Likes Like |Link to Comment
  • On the hour [View news story]
    US rates going up later this year... Buy the dip after the announcement in the coming months.
    Jan 22, 2015. 01:04 PM | Likes Like |Link to Comment
  • GoPro bounces as analysts dismiss Apple patent [View news story]
    You should trust the analysts. However, you should always question the data they are given. If they receive bad data, they will make bad decisions. With regards to their interpretation of the patent documents, I am not a patent attorney so I will not even try, but I hope these analysts have some patent background or their attempt to interpret the documents are futile.
    Jan 14, 2015. 01:00 PM | 1 Like Like |Link to Comment
  • GoPro down 6% after Apple camera patent published [View news story]
    GoPro needs to start trying to sell themselves to Apple before it goes broke.
    Jan 13, 2015. 02:14 PM | 3 Likes Like |Link to Comment
  • GM's 200-Mile Electric Car For $30,000: RIP Tesla [View article]
    An EV the size of a Smart Car for $30k is not going to dampen TSLA one bit.
    Jan 12, 2015. 10:17 AM | 1 Like Like |Link to Comment
  • Bakken producers need $55 oil to keep production steady, regulator says [View news story]
    Looks like the free market is telling us that the Bakken is NOT a wise place to drill. They gambled that oil prices would remain artificially inflated forever, and they lost the bet. Game over.
    Jan 9, 2015. 03:49 PM | 1 Like Like |Link to Comment
  • Job headlines strong, but labor force participation and wages slide [View news story]
    Not all economists would agree that higher wages will lead to less employment. Many would argue that very gradual wage increases over time are necessary for a healthy economy.
    Jan 9, 2015. 10:30 AM | 2 Likes Like |Link to Comment
  • ADP Jobs Report [View news story]
    They could afford to retire if they didn't have kids and spoil them. Their kids now feel entitled to take their jobs and don't know what hard work is. It's all take and no give for the young generation.
    Jan 7, 2015. 12:23 PM | Likes Like |Link to Comment
  • Bloomberg: Oilfield writedowns loom as crude slump guts drilling values [View news story]
    There was a purely technical reason that led to that bust. A better comparison for what is likely to come is GLD and SLV.
    Jan 6, 2015. 10:16 AM | Likes Like |Link to Comment
  • U.S. rig count plunges in past week but still exceeds year-ago count [View news story]
    I wouldn't have clicked on it if it said <2% drop in one week. Bravo.
    Jan 5, 2015. 05:09 PM | 9 Likes Like |Link to Comment
COMMENTS STATS
417 Comments
353 Likes