Financial Select Sector SPDR (XLF)

All Comments on XLF

  • commenter
    Oct 03 07:24 PM
    What the Sectors Are Telling Us [view article]
    I think he was referring to (corporate) bond prices falling, which is probably a flight to safety (treasuries), which drives down the price of money for government, at the exact time they pass $700 bailout. Good timing. Reply
  • commenter
    Oct 03 07:17 PM
    Bank Default Risk Decreases from Apocalyptic to Merely Catastrophic [view article]
    One sentence is all numbnuts can get out in a day. Reply
  • commenter
    Oct 03 07:09 PM
    Where Do Investors Go from Here? [view article]
    FXF (swiss francs) has been sagging relative to SHY (1-3yr treasuries) over the last 3 months. Reply
  • commenter
    Oct 03 06:26 PM
    My Website
    Bank Default Risk Decreases from Apocalyptic to Merely Catastrophic [view article]
    A one sentence article? Reply
  • commenter
    Oct 03 05:28 PM
    Bank Default Risk Decreases from Apocalyptic to Merely Catastrophic [view article]
    Lol, well said Reply
  • commenter
    Oct 03 04:43 PM
    My Website
    Bank Default Risk Decreases from Apocalyptic to Merely Catastrophic [view article]
    I grad-e-ated from publik skool.

    I be leave it's cusstumairy to shaid areas on the graff and indikate "catastrophic&quo... and "apocalyptic"... reeguns.
    Reply
  • commenter
    Oct 03 04:04 PM
    Bank Default Risk Decreases from Apocalyptic to Merely Catastrophic [view article]
    wow, SA is letting anything get published today. Reply
  • commenter
    Oct 03 03:15 PM
    My Website
    7 Rules For Investing During the Fourth Quarter [view article]
    Another option is to invest "off the street" and put your money in a local business where it will generate actual earnings for you rather than trying to time entry/exit calls in the market based on share prices.

    Several years ago I helped a small sandwich shop expand into a larger retail space, tripling the seating capacity for the business. In return I got a small percentage of the company. That investment pays me monthly profit checks which average around 30% annual return on my investment.

    Now that money won't double up in a couple months, but 30% annual return ain't so bad, even if not compounded. Plus, it's nice to have a second source of income in case my employer should decide to cut labor costs. It's not enough to pay all my bills, but it's better than nothing.

    It's also nice to see that my original investment is helping the community. More people get a chance to eat in a nicer place, more people employed by the bigger store, more profit for the original owner, and a bigger return than a CD or T-bond.
    Reply
  • commenter
    Oct 03 03:09 PM
    Why This Bailout Can't Work - And What Will [view article]
    I don't understand why, for example, can't certain classes of debt be written off. by this I mean the debts of the companies who are actually at risk of foreclosure and of adding more unemployed to the list of the potentially enraged citizens. All the cash injections have only created a bigger flow of liquidity to the financial system and most of it has stopped there - i.e. hasn't gone to the "real" economy. If you do not positively alter the behaviour of the masses you are bound to see more runs on banks, out of money market funds, runs on ATMs and to whatever source of cash. Markets are run - irrationally - by fear and greed, and unless you address precisely these elements the net effect of any bailout will be minimal. Guess what? As I'm writing TARP vote part II has been successful, and the markets are creeping down once again. Despite TARP and despite the short-selling ban. Start to think from a behavioral perspective or else we might indeed see the perspective from the wrong side of a gun barrel. Reply
  • commenter
    Oct 03 11:52 AM
    7 Rules For Investing During the Fourth Quarter [view article]
    I am afraid you are right, bearfund. Reply
  • commenter
    Oct 03 11:47 AM
    7 Rules For Investing During the Fourth Quarter [view article]
    There's only one real question anyone should be asking: where's the next bubble going to be? We don't have an economy any longer, we have a giant monetary oscillator with positive feedback. Every move up is bigger than the last; every move down is more terrifying - and met with ever larger monetary and fiscal "stimulus". This has no real effect on the downward leg (its fundamental underpinnings having been established firmly during the last up cycle) but serves as liquid oxygen feeding the fires as the downward leg ends.

    The Fed and other powers that be are 90 degrees out of phase with the reality on the ground; the harder they try to be countercyclical, the more positive feedback they induce. The only question that matters is where their misplaced and mistimed flood of money will end up this time. All money is made by buying bubbles on the way up and shorting them as they burst. Investment is dead, its real returns dwarfed by the easy money to be had in speculation and the deep pockets of the manipulators. Don't be a schmuck, thinking that a "solid company" with "consistent earnings" or "a strong balance sheet" will deliver returns. It won't. Find the bubble. Get long. Then get longer. Then get very, very short. All money is made that way. If you want to make money, you have to play that game.
    Reply
  • commenter
    Oct 03 11:02 AM
    7 Rules For Investing During the Fourth Quarter [view article]
    great points to ponder. Reply
  • commenter
    Oct 03 10:49 AM
    What's Wrong with the Trickle-Down Bailout? [view article]
    Follow the dollar...we will be giving foreign investors their money back...that stinks. Think about it...their loss will be our gain! The leveling effect will help US prosper. I'll gladly take a hit to my 401 if rocks the foreign markets---hadn't they made enough off the US. But this country wants a microwave fix...and they'll pass this wasted bill. Who's going to bail the average "Joe" out. Reply
  • commenter
    Oct 03 10:41 AM
    7 Rules For Investing During the Fourth Quarter [view article]
    As for your jail suggestion why not start at the top? Reply
  • commenter
    Oct 03 10:26 AM
    My Website
    7 Rules For Investing During the Fourth Quarter [view article]
    If what you are saying is correct then the commodity bull is dead. Here is why I believe you are WRONG:

    1. China just reported quarterly GDP which remained close to 10%. Estimates for 2009 are for a GDP of 9%. Hardly a global depression by any means. China's earthquake restorationand urbanization will continue to require enormous quantities of metals, oil, and other hard assets.
    2. If this bull is dead it would mark the shortest commodity bull market in history. Again, a very unlikely scenario. Mining supply constraints continue to hamper production of copper, aluminum, nickel, and other base metals.
    3. Jim Rogers just started another commodity fund last month. Why would he do so if the commodity bull run is over? Short answer: He would not.

    4. Your comment about a market that cannot move higher without Financials is the typical Wall St. party line, which off course is self-serving and off-base. Financials from a technical standpoint (just ask Lousie Yamada or Carter Worth) are in a confirmed downtrend which is not likely to reverse for several years. Unlike Financials, commodity producers actually produce "things" that economies actually use.

    I cannot recall another period in the market where the regulators have absolutely failed investors. This SEC is one of the most corrupt and inept ones ever. Buy n hold is dead because it's been killed by mo-mo hedge funds that chase returns and jump in and out of stocks. Sarbox has also killed any domestic companies ability to grow profits.

    Thes guys have turned Wall St. into a Vegas-style craps table where it is now virtually impossible to establish an accurate value for stock prices. Thanks guys. Somebody needs to go to jail for this travesty.
    Reply