IYF Forum Topics
- All Comments on IYF
- General Discussion on IYF
- Financials Have Bottomed? Readers Say We're Nuts [view article]
- Financials: How - And When - We Reached the Bottom [view article]
- Financials Future Still Uncertain [view article]
- The Calm Before the Next Bank Storm [view article]
- Scarlett O'Hara, Doris Day and Financial Market Tumult [view article]
- Apple: Dead Last In Exploited Horse Race? [view article]
- Speed with Which Financials Have Fallen Is Disconcerting [view article]
- Writedowns and Capital Raised by Financial Firms [view article]
- Speculation, Swaps and the Price of Oil [view article]
- Time to Exempt Mortgage Securities from Mark-to-Market Rules [view article]
- Financials Down 6.1% - Like the Days of the Tech Bust? [view article]
- NAR's Lawrence Yun Continues to Mislead on Housing [view article]
loading ...Recent IYF Articles
- Mortgage Market Problems Creating Higher Extension Risk
- Financials Have Bottomed? Readers Say We're Nuts
- Financials Future Still Uncertain
- Financials: How - And When - We Reached the Bottom
- The Calm Before the Next Bank Storm
- Scarlett O'Hara, Doris Day and Financial Market Tumult
- Financial Recovery? Time to Wait and See
- Citigroup Posts Large Loss, but Outlook for Financials Improving
- Apple: Dead Last In Exploited Horse Race?
- All Is Well , Madame la Marquise
- Full List of Articles »
ng
Financials Future Still Uncertain [view article]
My free website has many who are way ahead even in this fallng market with documented time dated results. Just my opinion but financials futures are NEVER clear and they are never in control of their destinies like MOand PM and JNJ are ReplyFinancials: How - And When - We Reached the Bottom [view article]
Can't claim any expertise. Just an observation: each side of the debate cites only facts that support their particular argument and ignores offsetting information. I'm sure someone could pull together a list of spectacularly wrong bearish quotes. I also wonder if you can really draw parallels between an economy based primarily on manufacturing vs todays service/technology (intellectual) economy. I would venture to say that we are a wealthier nation now than in 1928.I guess given the difficulty in figuring this all out, it makes sense that people take one side or the other and vigorously defend it. What I've learned from reading SA so far is that I'm either going to be very rich or live in a post apocalyptic world buying what few goods are available with hoarded gold. Can't wait to see how it turns out. Any moderates out there? Reply
Financials Future Still Uncertain [view article]
some backup on this from Congress...www.infowars.net/artic...
flashrob Reply
Financials Future Still Uncertain [view article]
top may be in today on the IYF and IYF (and UYG at $24.76). Looks like the financials may be turning since their up move seems a bit exhausted... Replyr123
Financials: How - And When - We Reached the Bottom [view article]
If Tom was such an expert in financials I would have expected him to have some great shorts on within the last year and a half, but instead all he had was many terrible long calls. Replylingham
Financials: How - And When - We Reached the Bottom [view article]
The author is leading the lemings of the cliff of financial disaster; I hope the information information in the linked article serves as "cliff notes" preserving the wealth of all who take the time to read it. ReplyFinancials: How - And When - We Reached the Bottom [view article]
Tom Brown - - -Great article! Whether you are right or wrong you have created one of the most energetic discussion forums ever on Seeking Alpha. Reply
Financials: How - And When - We Reached the Bottom [view article]
DSB knows what he speaks about. Wachovia strikes out but they are allowed to trot the bases? It's short covering coupled with some momentum buyers. When the foreclosures come to an end, banks will be a buy. ReplyFinancials: How - And When - We Reached the Bottom [view article]
The actual number of bank failures appears to be low, what is it, 5 so far this year? Most of the banks I am watching are still profitable at reduced levels and PE's are 4-6 on the reduced profits. Banks will be cleaning up their bad real estate loans for a few (2-4) quarters then profits will take off.Banks have a nasty cyclical habit of piling on to a single idea until it collapses beneath them. In my memory this is a 15 to 20 year cycle, so we have a while before the memory of bad times for banks becomes fuzzy and they start acting stupid again.
For all of those that think this is the end of the financial system as we know it, what are you planning to do for money? Or all of you just long SKF and find yourselves 40% poorer than this time last week? Reply
Financials: How - And When - We Reached the Bottom [view article]
One of the principal problems that lead to the financial crisis was, I believe, the lack of transparency. Will the financial institutions volunteer useful-to-investor transparency? ? ?Just as with Clean Air, Acid Rain, Redlining, Civil Rights and all the way to Slavery - Laws, regulation, public insight and scrutiny is essential for a stable society for all of us. Reply
Stromeyer Jr
Financials: How - And When - We Reached the Bottom [view article]
User 225887 or anyone else, do you agree with some analyst whose name I don't remember who said that in terms of business recovering that first the trust banks will recover then the commercial banks and then last the investment banks? ReplyFinancials: How - And When - We Reached the Bottom [view article]
I believe 07/15 may indeed have been a bottom for the banks, but going out and buying with both hands is very risky still, if not foolhardy. 07/15 may not be THE bottom yet for banks. If there is prolonged economic downturn and recession because of the weak american consumer, it is inevitable that more - a lot more - writedowns await us in the future.How much has been written down so far and how much is being discounted in the current depressed stock prices of banks? Well, a good chunk for sure. But today we only know so much. Even the best informed and well-intentioned insider may not know the full extent of mess that is still waiting for us out there.
On the other hand there will always be commercial banks around and in business in the US and elsewhere, of course. So it is a no-brainer to make a case for buying them - now or later.
Even assuming Tom is right in calling a bottom here, picking First Horizon as an investment candidate I find rather disturbing. There are certainly better alternatives available, like JPM, BAC and WFC. Sure these are rather dull ideas, but you can be certain that these will survive. A racy pick like First Horizon may very well get you in trouble still. I'd rather play it as safe as possible right now, and that means the biggest are the most likely to come through. Reply
jacquemotte
Financials: How - And When - We Reached the Bottom [view article]
DSB is saying exactly what I would say if I knew as much as s/he does.I am reminded of another Depression-era quote: "We thought it was over and it was really just beginning".
"God willing and the creek don't rise"
Well, it seems like the creek might be rising. Reply
The Calm Before the Next Bank Storm [view article]
Don't be fooled. The worst is yet to be imagined.When stocks are oversold, naturally a technical correction follows.
Crisis of this magnitude occurs once in 50 years, and cannot be reconciled in such a short span of time.
Reply
Financials: How - And When - We Reached the Bottom [view article]
From what I read above, principally the comments are of the opinion that we should wait until all the financials go to zero and that will be the time to get back in. That is akin to getting back into real estate after the asteroid has hit the earth. To me, there is more upside potential then downside risk given that there is still so much money looking for a home. Reply