Consider Shorting U.S. Steel - Evidence Mounting That The Industry Is In Trouble [View article]
DW: You're consistent if nothing else. But what if the EU recession you predict won't be as deep? I think you're ignoring the strengths of the EU(eastern EU) to justify your position. China GDP estimates are a politcal game. Lower expectations so the new China leader can look like a hero. Pricing X as if it will never have a profitable quarter is probably a mistake. Especially with X producing their own iron ore and china supplies finally starting to dwindle. It might take another year but when X prints EPS of $3-4 you'll see growth and value investors jump in. In my humble opinion.
Credit Default Risk Of Largest U.S. Banks And Brokers [View article]
Anyone else see more possible moodys downgrades on the way for banks in europe and U.S. regardless of outcome in greece today? All the PIIGS will most likely need to repeat this principle reduction process in the near future.
United States Steel: Undervalued At Current Levels [View article]
X is stuck in neutral till china works off their over supply. Might be another 1-2 years but when X gets to be profitable again investors looking for growth and beta will flock to X.
Top Outperforming Tech Stocks: 3 To Buy, 2 To Avoid [View article]
Short STX at your own risk. It's cheap and has a healthy dividend. And it's up recently after being slammed from 30 to 8. STX has emerged from the rubble with long term contracts that have boosted their margins too. If this isn't a prime take out candidate then I don't know what is. The multiple looks like its historically cheap too. There's long term resistance at 30 but if it get through there look out!
Congress Has Never Really Balanced The Budget - Talk About Cuts Is Code For Reducing Rate Of Increase [View article]
Bob123 is correct. National debt increased under Reagan because his policies increased budget deficits. Clinton on the otherhand inherited deficits/debt that reagon/bush left behind and left a budget surplus by paying down the deficits. Facts are not propoganda...unless of course you're forever perplexed.
Congress Has Never Really Balanced The Budget - Talk About Cuts Is Code For Reducing Rate Of Increase [View article]
Deficit chart doesn't take into account the war spending. Deficits were actually higher during iraq war than the chart indicates. War spending wasn't on the books....went right to national debt. And if you want to know why clinton left a balanced budget you need to go back to 1993 when he and the democratic congress passed tax laws that balanced the budget as the decade went on.
5 Stocks Reacting To Recent Positive Catalysts [View article]
Thanks for boost of confidence on STX. Any info on how they're going to maintain these higher margins? Looks like stock is cheap just hoping margins hold up.
Iran halts oil exports to 6 EU countries - Netherlands, Greece, France, Portugal, Spain, and Italy - according to State TV. The entire EU has already decided to stop importing crude from Iran starting July 1. April WTI Crude +1.5% to $102.63. [View news story]
If the U.S. were playing chess we'd be doing everything in our power to reduce demand for oil and crushing the budgets of countries like iran, syria, russia and the saudi's who all need oil over $100-115 to maintain balanced budgets. Time to get off oil and rid ourselves of the scum who control the cartel.
Netflix: Major Recapitalization Or Bankruptcy In 2013 [View article]
Great info in article. As a former nflx subscriber all i can say is REDBOX. And during the recession movie/tv studios didnt produce many quality films or content so i predict fewer subscribers based on crappy content options.(yes thats a technical term). If you want to watch a movie find a redbox pay a buck then return it. No need to pay 7.99 to nflx for the same movie. Im long a march put spead after this recent run up so hoping reality kicks in for this stock.
GE: Owning The Future Or Stuck In The Past? [View article]
Well im not a econ professor or anything but from what i've learned it seem like its regarded more as backward looking indicator with jobless claims data being more of a predictor for future UE rates. But i do agree with your macro view...no question more employment leads to more consumer spending and GE is fairly priced given GE capitals improvements and gdp growth starting out from a low base.
GE: Owning The Future Or Stuck In The Past? [View article]
Unemployment rate is leading indicator??? I think jobless claims trends are more forward looking than the rate. UE rate is backward looking from what i understand. GE Capitals loan losses being mitigated is a reason to look at the stock...economy improving is icing on the cake.
Why U.S. Steel May Rocket Above $50, Outperforming Nucor [View article]
DW: that statistic about people leaving the workforce was true before the recession as well. Even when GW Bush had a unemployment rate of 5% there were millions who were under employed. Fact is job creation is in positive territory now. Just saying it would take some guts to stay short X if we get GDP estimate revisions upto and over 3%.
Why U.S. Steel May Rocket Above $50, Outperforming Nucor [View article]
DW: I hear you BUT how long are you prepared to sit around waiting for a significant EU recession when the EU has some strength within it? You've done your research on the autos but eu countries like Poland, Hungary, Czech republic, finland and sweden are all holding their own when it comes to growth. Jobs are game changers in my opinion. And the report you site states that the numbers are subject to monetary policy in china...you think china will tighten forever? Even if they dont loosen they got millions of new middle classers every week. Now with that said I dont disagree with your analysis, just saying higher employment will create demand. Mixed in with some short interest and there may be a run in X.
Why U.S. Steel May Rocket Above $50, Outperforming Nucor [View article]
The shorts have legit points but i dont think anyone mentioned the affect of an improving employment picture. Demand, inventories and prices should all improve with higher employment figures and make X more attractive especially with all the short interest currently in the stock. I also expect some good ol' fashioned protectionism from alot of the presidents jobs/infrastructure proposals along with further trade reforms with china/asia and europe. Also looking forward to Japan making some orders to rebuild.
Consider Shorting U.S. Steel - Evidence Mounting That The Industry Is In Trouble [View article]
Credit Default Risk Of Largest U.S. Banks And Brokers [View article]
United States Steel: Undervalued At Current Levels [View article]
Top Outperforming Tech Stocks: 3 To Buy, 2 To Avoid [View article]
Congress Has Never Really Balanced The Budget - Talk About Cuts Is Code For Reducing Rate Of Increase [View article]
Congress Has Never Really Balanced The Budget - Talk About Cuts Is Code For Reducing Rate Of Increase [View article]
5 Stocks Reacting To Recent Positive Catalysts [View article]
BP Still Cheap 2 Years After Gulf Spill [View article]
Iran halts oil exports to 6 EU countries - Netherlands, Greece, France, Portugal, Spain, and Italy - according to State TV. The entire EU has already decided to stop importing crude from Iran starting July 1. April WTI Crude +1.5% to $102.63. [View news story]
Netflix: Major Recapitalization Or Bankruptcy In 2013 [View article]
GE: Owning The Future Or Stuck In The Past? [View article]
GE: Owning The Future Or Stuck In The Past? [View article]
Why U.S. Steel May Rocket Above $50, Outperforming Nucor [View article]
Why U.S. Steel May Rocket Above $50, Outperforming Nucor [View article]
I hear you BUT how long are you prepared to sit around waiting for a significant EU recession when the EU has some strength within it? You've done your research on the autos but eu countries like Poland, Hungary, Czech republic, finland and sweden are all holding their own when it comes to growth. Jobs are game changers in my opinion. And the report you site states that the numbers are subject to monetary policy in china...you think china will tighten forever? Even if they dont loosen they got millions of new middle classers every week. Now with that said I dont disagree with your analysis, just saying higher employment will create demand. Mixed in with some short interest and there may be a run in X.
Why U.S. Steel May Rocket Above $50, Outperforming Nucor [View article]