InTheMoneyStocks'  Instablog

Send Message
  • IBM On Steroids: A Case Of A Bubble Market 0 comments
    May 16, 2013 12:01 PM | about stocks: IBM

    International Business Machines Corp.(NYSE:IBM) is surging again today, trading at $205.95, +2.63 (1.29%). The stock reported ugly earnings three weeks ago and collapsed to a low of $187.68. This was a massive decline and thought to be the end of an era for this tech titan. Yet, today IBM has risen from the dead. Charge higher, juiced on steroids from a market where investor are chasing return and even ugly earnings and outlook looks attractive. The Federal Reserve has artificially deflated yields forcing investors to turn to the only place they can for any sort of return. The stock market. As the bubble inflates, it no longer matters what the earnings, revenues or future projections were. If it is a stock, buy it. That is the mentality of this bubble market. How do you trade it? Ride it while it lasts but be wary. The market often takes the stairs higher and the elevator down.

    Gareth Soloway

    Stocks: IBM
Back To InTheMoneyStocks' Instablog HomePage »

Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.

Comments (0)
Track new comments
Be the first to comment
Full index of posts »
Latest Followers


  • And he just closed out another one, $DUST for +7.55% in the Research Center...
    Jul 20, 2016
  • Gareth sold his $JDST in the Research Center here: Profit earned = +12.5%. Congrats members!
    Jul 20, 2016
  • $IWM negative already on the day. Small cap warning signal?
    Jul 20, 2016
More »

Latest Comments

Instablogs are Seeking Alpha's free blogging platform customized for finance, with instant set up and exposure to millions of readers interested in the financial markets. Publish your own instablog in minutes.