HSBC HLDGS PLC ADS (HBC)
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- Subprime Writedowns and Losses for Major Financials [view article]
- Settlement Auction for Lehman CDS: Surprises Behind [view article]
- Wall Street Breakfast: Must-Know News [view article]
- Five Best and Worst Global Financial Stocks, YTD [view article]
- Financial Landscape: Writedowns, Losses and Capital Raised [view article]
- 36 Opportunities for the Beginning of the Bull [view article]
- Britain's 'TARP': Taxpayers Locked in to Potential Upside [view article]
- European Banks To Consider - Barron's [view article]
- Daily Market Outlook: Early Indications Are for a Modest Rebound [view article]
- Lehman Bust Hits NYC Commercial Property [view article]
- Credit Default Swaps: The Show Isn't Over [view article]
Recent HBC Articles
- Subprime Writedowns and Losses for Major Financials
- Wall Street Breakfast: Must-Know News
- Five Best and Worst Global Financial Stocks, YTD
- Settlement Auction for Lehman CDS: Surprises Behind
- HSBC, Et. Al. Offered Government Buyout
- Britain's 'TARP': Taxpayers Locked in to Potential Upside
- 36 Opportunities for the Beginning of the Bull
- European Banks To Consider - Barron's
- Lehman Bust Hits NYC Commercial Property
- Wall Street Breakfast: Must-Know News
- Full List of Articles »
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36 Opportunities for the Beginning of the Bull [view article]
If you go long, but do so without an intelligent exit strategy in place consider yourself to be gambling. Reply36 Opportunities for the Beginning of the Bull [view article]
Exactly, even water wells dry-up in time. Better start drilling right now before the next oil-price rise. The next rise maybemore hurtful than the last one. Reply
European Banks To Consider - Barron's [view article]
Ray Lopez if you made payments on your credit cards and your stinkin' mortgage, there would be no rotten banks anywhere. Reply36 Opportunities for the Beginning of the Bull [view article]
I think it's a dubious assertion to dismiss peak oil because there happens to be plenty of oil on the market right now. Peak oil is something occuring across decades, not weeks or months. Oil fields are dying every day and are not being replaced. That is a geological fact. This market may recover but oil will be more expensive and less available in ten years. Reply36 Opportunities for the Beginning of the Bull [view article]
Curbs-inYes , you are correct , but Russia , along with Brazil , are tanking , along with China + Europe . This will be a global Depression .It will be most severe in The US + Europe . You had better hope that there are soup lines. How will you get there with the price of Gas ? More mass layoffs are coming + martial law Reply
36 Opportunities for the Beginning of the Bull [view article]
a nation of fiat money. Reply36 Opportunities for the Beginning of the Bull [view article]
PNC, PEP, PCP a few I own and have for a very long time. Reply36 Opportunities for the Beginning of the Bull [view article]
Glad my Coke (KO) and gold (ABX) made the list. KO has not suffered the hosing the rest of my portfolio has taken. Maybe your other picks are safe havens ...or safer. Best move, if you had foreseen a 33% one-year S&P dive, would have been to move to cash last October and stay there. Can't fault anyone who went "all in" a week ago. America's on sale! ReplyEuropean Banks To Consider - Barron's [view article]
a lot people know exactly what s going on with this bank and that bank.I just can t stop laughing when I see all those comments,most of them ridiculous at best. Marketfolly, hedge funds are party animals, they live day to day ,they short today and next week they might be long on the exact same stocks. If you don t understand the mechanism of hedge fund just watch Cramer ,he was one of them. But the point of this article ,that you didn t understand, is to position yourself for the recovery. Maybe tomorrow ,maybe in a month, maybe in a year but it will happen,I sure hope you know that . ReplyEuropean Banks To Consider - Barron's [view article]
I agree with what Jase says. Those who were proatcive and dumped toxic assets early and were honest and transparent enough to take the writedowns sooner rather than later will emerge in a position of leadership, those who played accounting games in order to hide losses and hope for a market turnaround will emerge as the laggards if they emerge at all. In my opinion the issue at hand is still the determination of what kind of earnings expectations will be realistic for the emerging leaders in financial services. A significant decrease in future earning and a return to more conservative P/E ratios can still spell a serious decline in share price. ReplyFist
36 Opportunities for the Beginning of the Bull [view article]
Bill, I generally enjoy your analysis and articles. I believe in buying when others everybody is selling. I completely disagree that this a time to buy stocks denominated in US dollars. The foreign markets will be buyable long before this country is. We may see another 40-60% drop in valuations in this country before anything resembling a long term bull market happens in this country. This country has to undergo a fundamental change in the way it's people think before the markets will go up meaningfully again. In my opinion, that is years away, not happening now.Not catching this falling knife, I am out and in cash. There will be other ways to make money, but it won't be by going long stocks denominated in US dollars. I'll look to buy in the next 5 years or so, but we've got a LOT more downside to go. Reply
European Banks To Consider - Barron's [view article]
BCS, is my choice. while all the banks in Europe will continue to be under pressure worldwide-and the UK enters a recession period, BCS's other financial services should keep it within reasonable revenue guidelines. Dividends are pretty good, while--hopefully-waiti... for better times!You may want to "nibble" these shares at the moment and follow it closely for the next 1-2 quarters to see how they do. Reply
Logic
36 Opportunities for the Beginning of the Bull [view article]
There are problems with trying to catch falling knives at this point.1) The markets are overly unstable, as the 300-700 daily point swings illustrate. We run the real risk of a crash.
2) The fundemental conditions are not anything most of us have seen in our lifetimes. Maybe everyone is RIGHT to be fearful. Contrarian indicators generally only work to confirm other indicators. They are virtually useless on their own, because the levels of bullish/bearishness are all relative. As an example: It may seem high when 50% of the people are bearish, relative to the 20% who were 2 months ago... but it will turn out that 98% will be bearish at the REAL bottom -- which makes the 50% seem low. There's just no way to know where you are in that cycle, except by hindsight.
3) There is a risk of systemic meltdown. This would obviously be exceedingly bearish.
4) The hedge funds are facing extremely high redemptions, and may be forced to continue selling.
5) The market anticipates the future. The future 6-9 months ahead looks worse, not better.
All in all, I have considered trying to bottom pick, but decided against it. Bottom picking implies a bottom -- and I'm not convinced we're there yet. Stocks are still not cheap by historical standards.
I would rather miss the exact bottom by a few percent than be way too early and lose dozens of percent. Reply
Charley
36 Opportunities for the Beginning of the Bull [view article]
I am all in, I had 25% in cash and spent it all last week. I bought GE when it dropped nearly 10% now it looks to open down another 1%. I cannot help but wonder what people are thinking? GE has capitol problems sure but they are also set to rock with a sizable presence in wind turbines. The next time that oil goes up this one will too. It is a good bet that if the Democrats win in Nov that Alt Energy will be a major agenda item for the new administration. Reply36 Opportunities for the Beginning of the Bull [view article]
Jim Rogers has said that water treatment stocks and agriculture was the way to go for the next bull run.Read his latest interview at: jimrogers-investments.... Reply