There Is Plenty to Fear in This Market [View article]
I do not understand why bullish investors get so persnickety ( is that spelled right?) when the bearish view is presented. The market cannot go up if everyone who might be interested in buying stock has allready bought it. If everybody was bulls the market would crash tomorrow for we would all have 100 percent of our money in stock. The idea is to persuade the other side, not verbally beat them, present a rosy view that makes all the bears feel like Teddy bears and want to change sides and go long for a while. On a more serious note name one good reason the market should go up right now. The reasons it should go down are too many to list. JJ
White Noise Around Strong Current Negative Trends [View article]
This was a good article but perhaps a little more info than most folks (bulls) are ready for. I only know anectdotal stories of what is going on over there but I do know that some people I work with moved back to Ireland recently and told me it costs 500 Euro a week to feed a family of 4. The housing is almost as bad with declining values and people unable to make the house payments. I heard over there the bank doesn't kick you out when they foreclose they just rent the place to you after. So if anybody learns anything from this article it should be, don't vacation in Europe, the Euro is a bad piece of paper that buys very little, and it costs nearly 2 US dollars to get one. JJ
Netflix: Live By The Writers' Strike, Die By The Writers' Strike [View article]
Anyone who thinks having a dvd mailed to them is a good file transfer method is living in the stone age. Netflix has new competitors and they are not the best of the net. The streaming video feature is low quality and problematic on their website, other sites that rent downloads have much better quality and you don't need to wait for the mail guy to show up. Also Netflix only does business in the U.S. (you might have heard about our little slowdown) I see a lot of problems with growth for this company it's situation is changing and none of this is priced in yet. JJ
I think we are in a little trading range here and I am shorting the tops of the rallies with Bear market ETF funds and selling them on the dips. I think we will see plenty more rubber band rallies with bullish investors becoming increasingly frustrated with thier inability to get on board before the upspike. This is a very bearish condition and DJIA 12,600 looks a lot like serious resistance to me. It is surprising to me how many companies with " overseas profits" are into the financial market as well like GE. Another result of US economic conditions (foreclosures, job loss, etc.) is the sheer amount of used items on Craigs list and the like that are currently for sale at bargain basement prices. With Chinese manufacturing costs going up and shipping costs on the rise as well even those who are in the market to buy can probably find good deals on used local merchandise left over from our nationwide shopping spree much cheaper than China can manufacture it. Also unlike the last decade new items are not so next level better than used. So how can anybody truly say that the slowdown is contained to the United States. If the markets truly predict the economic future than could the Hang Seng being quite down against the backdrop of good earnings and good economic times be an indication that the rest of the globe could be affected by our problems? If so I think that could really impact the earnings of company's that count on a continuation of global expansion to prop up their bottom lines. Anyway the market does not have to make sense, but until proven wrong I intend to be short after every sharp rally and limit my long positions to only the strongest performing sectors. JJ
The trouble right now with the globally dominant franchises is they are mostly owned by mutual funds. Joe mutual fund is selling and getting out of the market depressing many of these stocks. I think that if you wait a while these stocks are going to be an extreme bargain. Right now watch the mutual fund money fleeing the market and correspondingly plenty of selling of these stocks. Good luck out there, do your homework and be carefull.
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Latest | Highest ratedThere Is Plenty to Fear in This Market [View article]
Tech Stocks to Lead the New Bull Market Higher [View article]
White Noise Around Strong Current Negative Trends [View article]
Netflix: Live By The Writers' Strike, Die By The Writers' Strike [View article]
Top 50 ETFs by Revenue Per Fund [View article]
Keep an Eye on the Stock/Bond Ratio [View article]
7 Reasons March Was Not the Bottom [View article]
Get Ready for the Last Rally [View article]