June Unemployment Falls for the Wrong Reason [View article]
I think Americans will begin to have to face the fact that like many Europeans they will need to leave the country to find work. It's very common in the mainland Europe, and we are used to people coming here for work, but over the next 10-20 years I don't think it will be at all uncommon for a 23 year old to leave for Asia to find a job.
It's not 1 interest rate hike, it's one of many. I believe there have been 7 already and India is certainly not done yet. The weekly food inflation index needs to drop a lot more - its in the 15-16% range. Too much liquidity being provided by Western central banks, and it's overheating the Eastern countries.
Soros-Backed IPO Adecoagro Provides Access to the Best Investment on Earth [View article]
haha. There is no learning without losing. Seriously. Paper trade for a year to 18 months so your losses are not real. There are so many more resources now on the internet to learn, versus even 5 years ago. Find a style that suits your temperment and how much time you have (i.e. day trader, swing trader, buy and hold type, etc - fundamental vs technical)
One day you will look back at how little you know now and be scared you ever tried it. 90% of the people won't continue, the other 10% enjoy 'the game'.
6 Criteria for Picking Great Stocks - And 6 Stocks That Make the Grade [View article]
Steve, I follow all 6 names and have owned all except Eaton at some point the past 4-5 years (but follow Eaton closely) and there are good large cap selections (JOYG probably can be mid cap) but "there is no better time to act" probably should state "in March 2009 there was no better time to act". As much as I like all the business models (Visa is working through regulation overhead) they have had TREMENDOUS runs. If your time frame is 5 years I like these names, but some like Cummins are up 100% in a year. In fact without looking at them 1 by 1 I bet 3-4 or up 100% in a year. Nothing straight to the sky.
The Glass Is Half-Empty: Time to Short Acme Packet [View article]
Try my mutual fund ;)
(shameless plug)
On a serious note, if you don't have experience please try paper trading for a year before you put any money into the market. A degree in finance (or any degree) is relatively useless and I speak from experience. It takes a few years of really watching and learning day by day and the market will extract its "tuition: from you. Better that it does it in a paper account than a real account.
You can thank Bernanke for your 1% return on CDs! He is trying to force everyone into risk assets and crushing savers in the process.
The Glass Is Half-Empty: Time to Short Acme Packet [View article]
Matt good piece entailing risks. I had been long APKT during much of 10 and have quite a few posts on it but I always get a kick by people who believe these stocks can't go down just because fundamental business is very good. See FFIV. Nothing goes up forever and the type of investor these stocks attract the higher they go have less care about business and everything about price action. So the bar must continuosly be set higher and if that does not happen you can lose 20% in an instant as we saw with FFIV. RVBD is another that has had an epic run. All it takes is one wart and many" long and strong" run for the hills.
I don't really like making procolamations long or short in earning season since reactions are a crapshoot but momentum has faded short term in the momo tech space and again that has nothing to do with the long term prospects. Good luck with your trade.
that is the push pull. Thus far the overhang has won out. If there is no buyout this is about 2 years of overhang. I wrote a separate article but I don;t think Seeking Alpha published it on my thoughts. Go to my website and check back a few days of posts, it will be there. Thanks
Default, Not Thrift, Will Pare U.S. Debt [View article]
It is a dilemna. The country is run for debtors and bankers. If you are a saver you are a 2nd class citizen. The Bernank says you must take risk. When it blows up again someday The Bernank will save the banks. You? Not so much.
New Jersey Gov. Chris Christie's comments that rising health care costs might “bankrupt” his state, made on the same day of a planned bond sale, draw criticism for their poor timing and may have driven borrowing costs higher. Shortly after Christie's bankruptcy reference yesterday, a tax-exempt school bond offering was cut by almost half. [View news story]
Damnit, a politician who speaks the truth. How did he get in there? Root him out!
Riverbed Technology Appeases the Street after F5 Networks Lowers the Bar [View article]
June Unemployment Falls for the Wrong Reason [View article]
Another Fine Report for ICI Bank [View article]
Jeremy Grantham GMO 2011 Letter - Pavlov's Bulls [View article]
Soros-Backed IPO Adecoagro Provides Access to the Best Investment on Earth [View article]
One day you will look back at how little you know now and be scared you ever tried it. 90% of the people won't continue, the other 10% enjoy 'the game'.
6 Criteria for Picking Great Stocks - And 6 Stocks That Make the Grade [View article]
As the Dangdang Turns: A Chinese Internet Soap Opera [View article]
The Glass Is Half-Empty: Time to Short Acme Packet [View article]
(shameless plug)
On a serious note, if you don't have experience please try paper trading for a year before you put any money into the market. A degree in finance (or any degree) is relatively useless and I speak from experience. It takes a few years of really watching and learning day by day and the market will extract its "tuition: from you. Better that it does it in a paper account than a real account.
You can thank Bernanke for your 1% return on CDs! He is trying to force everyone into risk assets and crushing savers in the process.
Coach: Good Earnings but Market Not Interested [View article]
The global race to the bottom continues. Once Vietnamese and Indonesians become too expensive all they have left is Africa.
BorgWarner Guides to 35-40% Earnings Growth in 2011 [View article]
The Glass Is Half-Empty: Time to Short Acme Packet [View article]
I don't really like making procolamations long or short in earning season since reactions are a crapshoot but momentum has faded short term in the momo tech space and again that has nothing to do with the long term prospects. Good luck with your trade.
The 10 things that would make David Rosenberg turn bullish on America. Don't hold your breath. [View news story]
Mosaic: Back in the Saddle [View article]
Default, Not Thrift, Will Pare U.S. Debt [View article]
New Jersey Gov. Chris Christie's comments that rising health care costs might “bankrupt” his state, made on the same day of a planned bond sale, draw criticism for their poor timing and may have driven borrowing costs higher. Shortly after Christie's bankruptcy reference yesterday, a tax-exempt school bond offering was cut by almost half. [View news story]