Seeking Alpha

j_remington

j_remington
Send Message
View as an RSS Feed
View j_remington's Comments BY TICKER:
Latest  |  Highest rated
  • China, Brazil and other emerging markets pledge to come up with new measures to curb capital inflows stemming from the Fed's easing; their opposition to QE2 means next week's G-20 meeting is very unlikely to produce any sort of meaningful compromise on global imbalances and currencies.  [View news story]
    The reality of QE2 is that emerging economies are totally against it. Brazil and China and Australia have already enacted policies to curb inflation... knowing that inflation is at inappropriate levels for the current stage of their economic cycle. Paying exorbitant product prices, commodity prices and creating excess businesses leads to disaster when growth contracts. Other countries are familiar with the results of the US housing debacle.

    The US is basically using the FED to create export demand... i.e. sell the emerging markets the goods the US produces when the prices are at their peak(generate the highest profit margins). Also, weaken the dollar so exported US goods/services are more competitive. And US companies' use of foreign goods/services are expensive(PROTECTIONISM by weakening currency).

    Expect protectionist measures to be enacted immediately. Protectionism will curb worldwide economies on a greater scale than prior to QE2.

    Stock markets are in for some volatile times.
    Nov 4 02:28 PM | Likes Like |Link to Comment
  • Sell the News? [View article]
    Is anyone really willing to take additional long risk at this juncture without some sort of pullback?

    Not I.
    Nov 1 07:12 PM | 4 Likes Like |Link to Comment
  • Bernanke has done a masterful job of lowering QE2 expectations, all the better to set up "shock and awe" - and a chain reaction from other central banks within 33 hours after the Fed's Wednesday announcement. And no one knows if all of it will cause more harm than good.  [View news story]
    The Fed ALWAYS request feedback from dealers. Its a joke on how this has been reported as some sort of innovation.

    QE improvement is priced in. The US cannot lead the world in consumption. Europe putting austerity on the front burner. Asia is already toning down its own economies as a result, i.e. raised interest rates.

    Sell on news.
    Nov 1 07:08 PM | 5 Likes Like |Link to Comment
  • Activist Investor May Unlock Significant Value for Extreme Networks Shareholders [View article]
    CEO Oscar Rodriguez was previously CEO of Riverstone Networks. During his tenure at Riverstone, Riverstone stock was delisted from NASDAQ...then traded on the Pink Sheets. And all the while he stalled the SEC in its accounting investigation of Romulus Pereira (ousted CEO) & R Stanton (CFO).

    Mysteriously, Nortel(Oscar's prior employer) acquired Riverstone Netwroks in a bankruptcy bid. Shareholders did not do so well.
    Nov 1 06:32 PM | Likes Like |Link to Comment
  • Expecting Weakness: Why the Market's Sugar High Is About to End [View article]
    The sell-off is underway.
    Nov 1 03:48 PM | 1 Like Like |Link to Comment
  • JPMorgan Chase (JPM -1.1%) drops on heavy volume after ProPublica reports that the SEC is investigating whether the bank allowed the Magnetar hedge fund to improperly select assets while also betting against them in a $1.1B deal backed by subprime mortgages.  [View news story]
    How many more SEC investigations are yet to surface?
    Nov 1 03:47 PM | Likes Like |Link to Comment
  • The QE2 Counter-Balance Plan (Or How to Survive This Week's Market) [View article]
    QE2 is priced in... any announcement will be met with ONLY very brief enthusiasm
    Nov 1 02:26 PM | 3 Likes Like |Link to Comment
  • Chart of the Week: Money Market Mutual Funds Signal Decreasing Demand for Stocks [View article]
    Much needed correction (possible reversal) started at today's intraday peak. Cash is definitely the king.
    Nov 1 01:45 PM | 1 Like Like |Link to Comment
  • Correction Parallels: May All Over Again? [View article]
    excellent info
    Oct 28 02:33 PM | 1 Like Like |Link to Comment
  • Why I'm Short Amazon: Waiting for State Governments to Wise Up [View article]
    Shorted AMZN at $169. Limiting the size of the trade though... its expensive but I dislike picking tops. Plus the state of TX has been pursuing the tax case since May 2009. Likely Amazon will drop its TX affiliate(per AMZN) like it did in Colorado. Worst case scenario is a one time charge.
    Oct 25 01:20 AM | Likes Like |Link to Comment
  • Stocks Are Not Cheap: I'm Still Shorting This Market [View article]
    Nov 2nd... just wait for the correction
    Oct 25 12:49 AM | Likes Like |Link to Comment
  • Apple: More Revenue in One Quarter Than Google Earns in a Year [View article]
    At $300 Apple would have to print money to stay afloat.
    Oct 18 06:46 PM | Likes Like |Link to Comment
  • Steve Jobs makes a rare appearance on Apple's (AAPL) earnings call - and opens fire on RIMM (“We’ve now passed RIM, and I don’t see them catching up to us in the foreseeable future”) and Android (GOOG): Google's "open" argument is a "smokescreen," and he characterizes the battle as "fragmented vs. integrated." (AAPL news)  [View news story]
    The most bearish news I've seen on AAPL since early 2009.
    Oct 18 06:44 PM | 3 Likes Like |Link to Comment
  • Goldman's F5 Downgrade Makes No Sense [View article]
    FFIV will require much more of a base at lower prices. All I can say is ATHR had a similar situation months ago. Stay away from the long side as the easy money has been made.
    Oct 11 01:47 PM | Likes Like |Link to Comment
  • For-Profit Colleges: Don’t Bet on Uncle Sam Being Too Tough [View article]
    FROM TODAY:
    "The department, "on or around Nov. 1," will release 13 of 14 new rules governing a wide array of higher education issues, including compensation for student recruiters, the definition of a credit hour and verifying information on federal student aid forms, and they will go into effect as planned on July 1, 2011."

    These so called new rules are not worth mentioning and are covered by regular law. Rules which are already under compliance.

    "But the government postponed until early 2011 the release of the bulk of its so-called "gainful employment" rule, intended to measure how well programs prepare students for employment in a recognized occupation. That rule would penalize programs for graduating students with high debt-to-income ratios or low loan repayment rates. Part of the rule, related to the disclosure of graduation rates and information about student debt loads, is still expected to go into effect July 1, 2011. "

    99% of the reason for-profit education stocks fell was because of how the education dept decided on which data was to be used and to what interpretation the data would decide policy. And it was found that the preliminary rules were misguided, flawed and discriminatory. Disclosure of graduation rates and info about debt loads are not a problem.

    Stay long APOL COCO CECO etc. The positives are yet to be factored into the stock prices.

    online.wsj.com/article...
    Sep 24 09:40 PM | Likes Like |Link to Comment
COMMENTS STATS
1,343 Comments
1,286 Likes