Send Message
View as an RSS Feed
  • Something Is Wrong With The U.S. Stock Market - Part II  [View article]
    The sky is falling. The sky is falling. The sky already fell. The EU is not in the abyss. And Karl Marx actually was a very good economist living in an era where robber barons abounded and women and children worked 12 hour days to be in debt to the company store. What a wonderful world it was then. None of those pesky work requirements, minimum wages, no social security, Pinkertons took care of strikers, blacks were still slaves, but Wall Street and the captains of industry just chugged along merrily. You know in any transaction both sides have to win if they are of equal bargaining status. The status extant is out of whack. And looks like you have no problem with unequal pay for women to boot. Marx indeed. Groucho perhaps.
    Feb 12, 2016. 10:58 AM | 7 Likes Like |Link to Comment
  • Goldman Sachs Trampled On Presidential Campaign Trail  [View article]
    The fine is mehh. They should be in jail, but that includes a lot of other people also from the rating agencies down to the originators of the toxic loans. The situation is not remedied. Dodd-Frank was a half measure to placate the public because that all the government knows, corrupted as it is from head to toe with political contributions buying laws.

    Well guess what, the public is not placated. This is not going away. It has festered and only lancing it will cure the problem of the revolving door between Goldman, and its acolytes like Geithner, and the politicians of both parties. Rome on the Potomac and the outré are arming themselves with pitchforks.
    Feb 10, 2016. 11:51 AM | 3 Likes Like |Link to Comment
  • In Hoc Signo Vinces... What Market Signs Are You Watching?  [View article]
    Obamacare? How does that play into anything remotely connected with the economy. Low wages are a result of offshoring to cheap labor countries via the trade agreements. Food stamps indicate the same thing. Working at the Walmart for $9 and hour then cleaning houses for the other part of the day is the fate of many in this Reagan Republican trickle down economy. But hey, the Street is doing fantastic.
    Feb 9, 2016. 01:09 PM | 1 Like Like |Link to Comment
  • Oil Rebound Will Fuel A 'Rip Your Face Off' Rally In The Stock Market  [View article]
    That guy was radical? You better refresh your history, but probably that is not on your reading schedule. The president is a moderate Republican. Bush was a war criminal and should be in the Hague along with rest of the cabal on the Street. The debt started spiraling under St. Ronnie and Shrub added to the credit card unpaid wars, tax cuts, and a drug bill to entice the old folks. The current mess is 35 years of neo-liberalism and right wing nonsense.
    Feb 8, 2016. 07:00 PM | 14 Likes Like |Link to Comment
  • Stocks set for opening bouce  [View news story]
    Bouncy, bouncy, up one day, down the next.
    Feb 3, 2016. 08:10 AM | 2 Likes Like |Link to Comment
  • Something Is Wrong With The U.S. Stock Market  [View article]
    Morgenthau was wrong. It did work until the non-Keynesians convinced FDR more spending wasn´t necessary and of course, as usual, they were wrong in 1937. The economy got worse, and not until the war did it get better. Not too productive to worry about things you can not control. There are companies beaten down and which will recover. Look for those. Ignore the analysts except for Santos.
    Jan 29, 2016. 12:50 PM | 5 Likes Like |Link to Comment
  • Inovio Speculators Might Experience Fever-Like Symptoms On Account Of The Zika Virus  [View article]
    Do you own the stock? If so you may have a bias. The author merely illuminates a pattern. That is it. Seems fairly innocuous and also seems fairly accurate what he says.
    Jan 29, 2016. 07:16 AM | 1 Like Like |Link to Comment
  • WSJ: Iran to sign oil agreement with Total  [View news story]
    Yeau well the Americans are hoist on their own petard with decades of idiotic bellicosity towards the Iranians when they were responsible for the problem in the form of overthrowing at the behest of the British the elected president of Iran and installing the Shah…because of oil. The French were smarter. They get the lollipop.
    Jan 28, 2016. 09:22 AM | 4 Likes Like |Link to Comment
  • Could Apple Be The Next Amex, Or Could Amex Be The Next Apple?  [View article]
    Well, they were´t wrong. They were just off on timing, and timing is everything. AMZN and Google or Alphabet have enormous PEs and make nothing like Apple. We will see in a few hours what the earnings have been, but whatever they are, they will be healthy. If they are off a few pennies the stock will tank, up a few it will move higher. The market is schizoid on AAPL. Supposedly the reliance on the iphone is the crux of it, but there is more to the company than that and even if there weren´t, China and India will sustain earnings on that device alone for a long while. Neither is this Blackberry with no apps. There is probably an app to figure out if you need another app in the app store. Add to that the hoard of cash which will approach 250 billion and it is hard to understand the valuation the market places on the company, but sooner or later the share price will take off IMHO.
    Jan 26, 2016. 02:09 PM | Likes Like |Link to Comment
  • Could Apple Be The Next Amex, Or Could Amex Be The Next Apple?  [View article]
    The article added nothing to nothing. Guess work. Apple is an innovator. Its products are desired the world over. Tomorrow may be x or it maybe y, but it really means nothing. In the long run the company will continue to prosper because its products work well and work long. This author wrote some ho-hum comments about AXP which have nothing to do with Apple. What exactly does one have to do with the other. Buy AAPL or not. Every analyst on the planet says buy. What is the mystery. There is none.
    Jan 25, 2016. 08:57 PM | 1 Like Like |Link to Comment
  • Notable earnings after Tuesday’s close  [View news story]
    It is a great company, not a Johnny one-note. It will be doing business and making money when the rest of them are selling tickets at the carny.
    Jan 25, 2016. 05:47 PM | 20 Likes Like |Link to Comment
  • Michael Bloomberg is seriously considering running for president  [View news story]
    Well hear it now. If you like oligarchy then keep on the Trump-Clinton course. But sooner or later the bubble will pop. 70% of the electorate want change. They are not stupid forever. And both parties have been in bed with big money and corrupted by it for a very long time. This is the nerve Bernie has touched. This is the reason he will be elected. There is more to life than money. If everybody has a middle class life we all succeed. The middle class is going down and has been since the trickle down nonsense and constant war. Enough already.
    Jan 24, 2016. 08:13 AM | 6 Likes Like |Link to Comment
  • All That's Left Is The Cleanup  [View article]
    So this is the flight from God causing all this hand-wringing and gnashing of teeth, sucking the coins right out of the Xtians`hands, the job creators? Wages have been flat and declining in real terms since Reagan who hiked the debt 4 trillion. To that was added several unpaid wars and a tax cut part of the trickle down nonsense in Bush Jr. ´s era. Your history is wrong but don´t let that sour your rant. Here is a statistic for you: 0.1% of the U.S. population owns as much as 90% of it. That didn´t happen overnight. That was on purpose and both political parties delivered that little statistic.
    Jan 16, 2016. 06:06 PM | 8 Likes Like |Link to Comment
  • Many Energy Companies Seem A Bit Foolish  [View article]
    The reasons are multiple to ignore FCF. These are wild caters, risk takers, extreme risk takers. All they do is drill holes and hope to strike oil. It is in their personality, their DNA. Risk is a like a big brother, always there. It is their only response to sinking like a rock, find more oil or gas. In that sense they are the purest entrepreneurs, although admittedly it is not the late 19th and 20th century. Finding oil isn´t an art anymore. It is pure science. But you don´t change personalities.
    Jan 16, 2016. 07:29 AM | 1 Like Like |Link to Comment
  • The Death Of Freeport-McMoRan  [View article]
    Great comment and accurate.
    Jan 12, 2016. 06:07 PM | Likes Like |Link to Comment