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super56shape

super56shape
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  • The downgrade on Home Depot (HD +1.6%) from Stifel Nicolaus isn't a bet against the house market, but an assessment of valuation on the home improvement company with sector momentum already baked in. Stifel's rationale for moving to the sidelines: "We expect multiple-normalization will limit outperformance and risk/reward favorability over the next 12 months." [View news story]
    He just wants to get the price down so he can buy a boatload!!!!!
    Feb 23 07:30 AM | Likes Like |Link to Comment
  • Gold futures sank $20 at the open and never recovered, hit by a wave of stop-loss orders in a move blamed on a variety of reasons including technical selling, the expiration of options and futures contracts, deflationary concerns and a stronger U.S. dollar. One thing was certain: “There were no fat-finger trades or technical errors... This was a market-driven selloff." [View news story]
    So....JPM made more millions....who cares? They'll lose it and get bailed out next year by the King.
    Nov 29 02:38 AM | Likes Like |Link to Comment
  • Gold futures sank $20 at the open and never recovered, hit by a wave of stop-loss orders in a move blamed on a variety of reasons including technical selling, the expiration of options and futures contracts, deflationary concerns and a stronger U.S. dollar. One thing was certain: “There were no fat-finger trades or technical errors... This was a market-driven selloff." [View news story]
    JP made some big bucks off the little traders again....what else is new?
    Nov 29 02:38 AM | Likes Like |Link to Comment
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