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  • May Nonfarm Payrolls: +69K vs. consensus of +150K, prior 79K (revised). Unemployment 8.2% vs 8.1% expected, 8.1% previous.  [View news story]
    How come people only mention the participation rate when the unemployment goes down? PR is up .2 today, which is a lot, which is a good reason for unemployment going up as well. You people are a bunch of negative nancys.
    Jun 1, 2012. 09:26 AM | 3 Likes Like |Link to Comment
  • Turkey Is Not A Good Investment [View article]
    Feb 14, 2012. 09:00 PM | Likes Like |Link to Comment
  • A meeting of eurozone finmins at which they were expected to approve the €130B Greek bailout has been cancelled, with Eurogroup chief Juncker citing the need to continue "technical work." After years of can-kicking, markets expect more of the same, but it certainly must be clear to even the hackiest eurocrat that Greece isn't coming out on the other side of this. Do they really want to shovel another €130B into Athens?  [View news story]
    I'm afraid the US may be in the same situation in 2 years.
    Feb 14, 2012. 08:58 PM | 1 Like Like |Link to Comment
  • Why I Bought Eastman Kodak [View article]
    This business is so last decade.
    Jan 12, 2012. 04:09 AM | Likes Like |Link to Comment
  • Paul Krugman finds Mitt Romney's claim that Pres. Obama lost 2M jobs "deeply misleading," since the U.S. economy lost 3.1M jobs in the president's first six months but has since gained 1.2M jobs. Yet Romney takes credit for creating 100K jobs at Bain Capital “based on current employment figures, not the period when Romney worked at Bain."  [View news story]
    I believe the reason that this statement is thought by Krugman to be "deeply misleading" is not because the net jobs lost is 1.9 million instead of the claimed 2 million, but because the 2.1 million jobs lost occurred in the first sixth months. Thus it can be chalked up as downward economic momentum from the Bush administration and the burden of blame can be partially shifted over to the back of the previous administration.

    Although I do believe this to an extent, in that he took office at an incredibly bad time, I wonder what kind of jobs the 1.2 million created are.
    Jan 8, 2012. 02:22 AM | Likes Like |Link to Comment
  • ETFs To Invest Like Ron Paul [View article]
    RP is a representative, not a senator.

    And once again, he said he wouldn't run third party!!!
    Dec 26, 2011. 05:54 PM | 1 Like Like |Link to Comment
  • ETFs To Invest Like Ron Paul [View article]
    Word. Long run bears get slaughtered.

    Also, Dr. Paul said he wouldn't run third party because he didn't want Obama to win.
    Although I doubt there's much difference between Obama winning and Romney/Gingrinch winning.
    Dec 25, 2011. 07:44 PM | 8 Likes Like |Link to Comment
  • Bloomberg reports former Treasury Secretary Henry Paulson told several hedge fund managers in late July 2008 that a government takeover of Fannie Mae (FNMA.OB) and Freddie Mac (FMCC.OB) was a possibility. This was despite testifying in the Senate a few days earlier that government intervention was nearly impossible.  [View news story]
    Nothing to see here, just your average bankster/politician maximizing wealth for himself and the rest of the good ol' boys club.
    Nov 29, 2011. 08:13 AM | 4 Likes Like |Link to Comment
  • Shares of Pilgrim's Pride (PPC +3.3%) tack on a gain after rival Tyson (TSN -2%) says in its FQ4 report that it sees "gradually improve market pricing conditions" in poultry and the broader meat market. Investors may also be latching on to Tyson's earnings miss as a competitive advantage for PPC with the firm trying to shake off ratings snubs from S&P and Moody's (I, II).  [View news story]
    Investors need to be wary of TSN's earnings in the future. They have almost 2 billion dollars of goodwill on the balance sheet that they need to impair, which would seriously affect their net income. The reason they took a negative year in '09 was because they happened to impair. Unless they just plan on never impairing goodwill, it will hurt their earnings eventually, and their stock.
    Nov 29, 2011. 05:46 AM | Likes Like |Link to Comment
  • Apple: The Most Undervalued Large-Cap Stock In America [View article]
    I believe at the moment that Apple is way under priced, however we have to keep in mind that the technology game is extremely undulant. I'm very wary of technology stocks because of this. It's a pretty brutal industry which is subject to so much change and innovation. Someone could release a product next year which could revolutionize the industry and leave AAPL in the dust. It's not likely, but it happens. Look what AAPL did with the iPhone. Could that same thing happen to AAPL in the future? Couldn't they get burned just as Nokia et al. got burned by Apple? They have great products now, but it's just a matter of time. No one stays on top forever. If this were a more stable industry I'd be completely in love with this stock, however at the moment I'm just in like with this stock. I believe that all this uncertainty is priced in, and that's the reason AAPL trades "low". Especially with Jobs at the helm no longer, one has to wonder how much he contributed to this company, how much of this innovation was his direct brainchild.
    Nov 29, 2011. 03:45 AM | Likes Like |Link to Comment
  • Retail Sales And Supply-Side Economics [View article]
    Well, this was fun.
    Nov 28, 2011. 01:45 PM | Likes Like |Link to Comment
  • Walmart: A Consistent, Low Risk Stock That Beats The Market [View article]
    Wally world is a solid company, but I'd have to say it's pretty played out. Definitely a saturated market like those above me have said, and it seems like their quality of service and tarnished brand name leaves room for other stores to squeeze into their market segment. I expect this stock to keep trading sideways for a very long time.
    Nov 27, 2011. 10:59 PM | Likes Like |Link to Comment
  • Microsoft: A Strong Buy [View article]
    Apple computers can have microsoft office on them.

    But you're right about certain programs needing windows. As far as I know most large brokerages don't offer software for non windows computers. It's one of the reasons I still use windoze instead of linux, although I dual boot both.

    Windows isn't going anywhere and isn't going to get swallowed up by Apple Computer anytime soon for several reasons. First, macs don't have any games on them. The majority of teens/younger folks enjoy playing video games and there just simply isn't a huge amount of games on Mac OS. Second, Apple Computers are ridiculously expensive. This is evident especially when you compare specs. You can get a "PC" laptop for literally less than half the price of a macbook with the same exact specs. Apples also don't have a strong hold on the desktop market. Their desktops come in a one size fits all package, which are great for older folks with cash like my mother. However, many people want something cheaper or more customizable and prefer to stick with "PC" desktops. Another reason is that the argumentum ad virus only goes so far. For the average user who isn't going to risque websites and wildly clicking on spam e-mails viruses aren't really a problem.

    I think a combination of all those factors will keep Apple Computers in the lower end of the market share and relegated to hipsters sipping on overpriced coffee at your local Starbucks.

    I believe MSFT's personal computer segment will keep on trucking, although it's mobile phone and search engine and whatever else divisions are lacking.
    Nov 27, 2011. 02:21 AM | 2 Likes Like |Link to Comment
  • Hastings Entertainment: Potential 5 Bagger, Deep Value Stock With A Special Situation [View article]
    So glad I shorted this stock.
    Nov 23, 2011. 07:07 PM | Likes Like |Link to Comment
  • Proof that Fannie and Freddie didn’t cause the housing bubble, in one chart. Do Fannie and Freddie, Barney Frank and CRA explain bubbles in Belgium, Spain, the U.K. and the many other countries that experienced spikes even worse than in the U.S.?  [View news story]
    I'm not sure how this chart proves anything. I think if the author supplemented this chart with various sources stating that half or more of those countries did not have FNMA/FHLMC type institutions that were conducive to expanding credit then he would be on to something. He leaves it completely open ended.
    Nov 16, 2011. 03:48 AM | Likes Like |Link to Comment