Send Message
View as an RSS Feed
  • Special Dividends Through Year-End  [View article]
    giggle, giggle :)
    Nov 29, 2012. 01:46 PM | Likes Like |Link to Comment
  • The Jobless Claims Market  [View article]
    I'll bet Obama and his cronies have the market all primed for a good move to the upside "just before the election". Nah, he wouldn't do that, would he?
    Oct 12, 2012. 02:11 PM | 1 Like Like |Link to Comment
  • More Bernanke: The first two rounds of QE have lowered Treasury yields by 80-120 basis points, raised GDP by 3%, and increased payrolls by 2M. This remains a man who clearly believes in the positive effects of QE and still sees credit/financial markets as needing it. He didn't make any explicit promise for another round, but the speech comes close.  [View news story]
    You're absolutely right on your take of Bersnake. He doesn't have a clue. The good news is as soon as Romney gets elected, he said he's going to dump him.
    Aug 31, 2012. 11:44 AM | 3 Likes Like |Link to Comment
  • Bulls should take little comfort from Morgan Stanley Smith Barney lifting its view of the market from severe doom and gloom to neutral. The change in view is prompted by, what else, the idea central banks are about to throw a whole lot of money at the system. MSSB was last seen throwing in the towel on the markets last October - just as the stock rocket ship was about to take off.  [View news story]
    What's that expression, "The bigger they are, the harder they fall". If there is another round of QE you'll probably see a good spike, shorts will get scared and cover, but when this market turns,and it will . . . look-out below.
    Aug 27, 2012. 05:07 PM | 1 Like Like |Link to Comment
  • "The undercarriage that brought (equity markets) this far is corroding," writes Eric Swarts, noting serious breakdowns in correlation between the S&P and Treasury yields, commodities, and equities outside of the States. Spain is surely due for a rebound that may lead another push higher for the S&P into the Facebook IPO, but be ready to stay nimble then.   [View news story]
    I guess that means that TBT will never fly :)
    Apr 20, 2012. 04:19 PM | 1 Like Like |Link to Comment
  • "You can get cautious, but never bearish," says Jeff Saut, holding plenty of cash as he awaits a chance to buy the dip. Recognizing the investor need to do something when there isn't much to do, his advice is to recognize a lot of easy money has already been made and "do nothing and wait for a fatter pitch."   [View news story]
    They can keep talking the market higher but at some point, and it ain't too far off it's Kabooooom!!
    Mar 26, 2012. 02:00 PM | 2 Likes Like |Link to Comment
  • The Russian Ministry of Economy says foreign automakers plan to invest $6.2B in Russia over the next 3-4 years. Automakers had to present building or expansion plans by today to meet a deadline to receive reduced import duties on components.   [View news story]
    You're probably right. Putin didn't get to be a Multi-Billionaire by luck.
    Jun 1, 2011. 03:27 PM | Likes Like |Link to Comment
  • Bruce Krasting sums up congressional testimony by Pat Lawler of the FHFA: "If you own a home ... if you are trying to sell a home ... if you are trying to buy a home, you are screwed." Mortgage rules defined by Dodd-Frank will restrict lending to all but the most qualified - a great idea in 2000, but death to a real estate market trying to get back on its feet.   [View news story]
    "If you own a home you are screwed". I'm not so sure I'd agree with that statement. First of all, everyone needs a place to live, so if you don't own, then you're probably renting unless you live in a cardboard box. Second, if you're not trying to sell, why does it even matter, Third, I own my home free & clear, no mortgage payments, no interest payments, no problems, "life is good". Am I worried that when the economy collapses and the market crashes it'll be worth less, no, because I still need a place to live and last I checked there's a shortage of cardboard boxes.
    Apr 15, 2011. 12:26 PM | 4 Likes Like |Link to Comment
  • First Trading Day of the Month: Another 1% Gain?  [View article]
    Actually if you take a closer look at the chart for S&P 500 during 2010 using that buy first day strategy, you'd have lost a lot of money if you sold, or if you bought SDS after the first day you'd have gotten killed. The months of Mar, Apr, Jun, Jul Sep, Oct Nov,& Dec clearly contradict that inaccurate logic and strategy.
    Feb 1, 2011. 03:57 PM | Likes Like |Link to Comment
  • Short Interest Declines to Lowest Levels Since 2007  [View article]
    With the Short interest this low, it takes away the huge cushion you would normally see when the market will eventually start to sink. I think you'll see the January effect into weeks 1&2 but after that I think "look out below". I don't like all the potential bad news that is facing the US and Europe.
    Dec 29, 2010. 03:17 PM | Likes Like |Link to Comment
  • Charlie Gasparino says hedge fund firm Level Global is receiving “massive redemption requests” from investors and “scrambling" to stop them, and that sources tell him “there’s a mole working at the firm.” One person arrested earlier today in the ongoing insider trading probe had dealings with Level Global, he says.   [View news story]
    Charlie Gasparino is a smart, clever, market savvy guy who tells it like it is. I guess if I were long Level Global I also might not want to hear anything negative fearing that my own investment might go down.
    Dec 17, 2010. 01:31 PM | 1 Like Like |Link to Comment
  • Charlie Gasparino says hedge fund firm Level Global is receiving “massive redemption requests” from investors and “scrambling" to stop them, and that sources tell him “there’s a mole working at the firm.” One person arrested earlier today in the ongoing insider trading probe had dealings with Level Global, he says.   [View news story]
    Charlie, you keep right on talking. This is the kinda stuff we want to know.
    Dec 16, 2010. 06:59 PM | 1 Like Like |Link to Comment
  • Six Up Days and 1.5%  [View article]
    RE: six day's up, you were sure "right-on" with that call. I also found the rationale behind your call pretty interesting as well.
    Dec 15, 2010. 02:54 PM | Likes Like |Link to Comment
  • S&P Shorts Need to Be Patient  [View article]
    Thank you Joseph Meyer. I was thinking about SDS and I'm so glad I read your article today. At some point I think all this comes crashing down, but for now I'm happy to be on the side-lines.
    Nov 10, 2010. 02:13 PM | Likes Like |Link to Comment
  • Is Coldwater Creek's Management Blind or Savvy?  [View article]
    I've been at the "side-lines" bar & grill watching CWTR for quite some time now. I've watched the stock plummet, and after reading the comments of R Constantine, I think Dan G. needs to hire him as an adivsor. Because of my interest in the company, just today, I went into a new Coldwater Store in Freehold NJ. The store was beautiful, the people working there were totally pleasant, and I said to my wife, Wadaya think. She said, nice store but she said almost everything they have is crap, and she wouldn't touch it, and I can tell you she wastes more money than George Bush. With that kind of input from the boss, I will still hold off on going long CWTR. They need to S T O P opening new stores and start concentrating on job one. Making money.
    Mar 19, 2008. 09:49 PM | Likes Like |Link to Comment