Seeking Alpha

DavyJ

DavyJ
Send Message
View as an RSS Feed
View DavyJ's Comments BY TICKER:
Latest  |  Highest rated
  • Did Your Market Come Back? [View article]
    So am I to believe Sy's picks from 1990 or whenever are his benchmarks?

    And they have all came back? And he didn't change with the changing times?

    Or is that his point? Not clear to me.
    Apr 17 08:05 PM | Likes Like |Link to Comment
  • Is The U.S. Economy In Trouble? [View article]
    Okay, I finally went to the Zerohedge website.

    Your referenced chart appears to be, but not labeled as such, to be some sort of monthly change, not total sales. Look at the first two charts and compare the volume numbers with the referenced chart.

    I don't think I'm the one that has a problem.
    Apr 10 09:09 PM | Likes Like |Link to Comment
  • Is The U.S. Economy In Trouble? [View article]
    Doug Short seems to disagree with Zerohedge.

    http://seekingalpha.co...

    But who the hell is he?
    Apr 10 08:41 PM | Likes Like |Link to Comment
  • Is The U.S. Economy In Trouble? [View article]
    Whenever I see a statistic that shows such a dramatic change, i.e., over 50% drop, I go back and question the source.

    Do you really believe gasoline consumption was cut in half in the last 6 years? All while the population was increasing.
    Apr 9 01:51 PM | 1 Like Like |Link to Comment
  • General Electric And Caterpillar Shares Could Be Indicating That A Market Correction Is Coming [View article]
    Substitute "speculator" for "investor" and this article makes sense.

    Speculate at your own risk. Or is that redundant.
    Mar 26 08:54 PM | 3 Likes Like |Link to Comment
  • 'Sell In May And Go Away' Might Come Early This Year [View article]
    Absolutely Tom,

    There was no government pressure for banks to make equity cash out loans on existing properties. Those cash outs almost destroyed our condominium association and many others in Florida. We are still paying the price.
    Mar 12 09:36 PM | 2 Likes Like |Link to Comment
  • After The Dow Record Close: What Comes Next? [View article]
    Re: "If we see either fiscal drag-induced economic weakening or evidence that the economy can stand on its own two feet -- meaning the Fed could take its foot off the accelerator -- I would expect some pullback in stocks."

    So if the economy is improving, it's time to try to time the market rather than hold on and reap the rewards. Got it!
    Mar 6 08:45 PM | Likes Like |Link to Comment
  • Why Microsoft And Intel Investors Should Be Glad The Stocks Are Languishing [View article]
    Ronald,

    I stand corrected. I took his statement to mean the starting dividends were $5,000. "All your increase in portfolio value will come from the current dividend, paid quarterly, which INTC will raise annually."

    My apologies to HiLo.
    Mar 2 12:08 PM | 2 Likes Like |Link to Comment
  • Why Microsoft And Intel Investors Should Be Glad The Stocks Are Languishing [View article]
    AnonymousAlpha,

    Don't jump to conclusions too quickly. In HiLo's example of NoDiv the initial investment was $5,000. So to be fair, The initial investment in Intel should be $5,000. With $5,000 to invest at $20 per share, he could only start with 250 shares and his first year's dividends would be 250 times $0.90, or $225.00. Compounding that on a back of an envelope nets approximately $11,700 over 30 years in dividends.
    Mar 2 09:05 AM | Likes Like |Link to Comment
  • Wrapping It Up For 2013 [View article]
    Well that's a bit more than I asked for.

    I just dumped CenturyLink last month. Out of the blue they decided to up my long distance charges by $5.00 a month. It got me to thinking. Why do I still have a landline phone, and why would I have want to have a long distance plan on it?

    You did see what happened to to CenturyLink once the word got out.
    Feb 15 05:10 PM | 1 Like Like |Link to Comment
  • Wrapping It Up For 2013 [View article]
    Tom, I've always enjoyed your articles. Thanks.

    But you did leave me hanging with: "The precipitating incident was trivial: I made what I considered a reasonable request, and my brokerage refused to grant it."

    I'm more than a little curious as I'm inclined to react in the same way.
    Feb 15 10:47 AM | 1 Like Like |Link to Comment
  • Is Now The Time To Buy Stocks? [View article]
    "Is Now The Time To Buy Stocks?"

    Is the top rung of a ladder labeled? "This is the last rung. Please don't step higher than this?"
    - 1Q84
    Feb 9 08:55 PM | 1 Like Like |Link to Comment
  • More Proof That Share Buybacks Do Not Add Value [View article]
    Since many of the stocks in the PKW are also included in the SPY, one could say that the influence of the buybacks increased the gains of the SPY. In other words, what you are doing is comparing PKW to PKW plus the remaining stocks in the SPY.

    You would have to exclude all of the components of PKW that are in the SPY and then compare the remaining stocks to PKW.
    Jan 2 09:18 AM | Likes Like |Link to Comment
  • Fiscal cliff negotiations between Senate Majority Leader Harry Reid and Minority Leader Mitch McConnell hit a major snag after Republicans demand use of the "chained CPI" method for calculating entitlement benefits - which would result in lower payments for Social Security beneficiaries. Pres. Obama backed the provision previously, but Democrats now object to including it as part of a scaled-down deal. Updated 5:51 p.m.: The Senate won't vote tonight and will reconvene at 11 a.m. tomorrow, Reid says. [View news story]
    I miss the thumbs down.
    Dec 30 09:46 PM | 2 Likes Like |Link to Comment
  • The chances for a fiscal cliff deal in the next 48 hours are "exceedingly good," says Senator Lindsey Graham, appearing on Fox News. "Hats off to the President, he won," Graham adds. "The President campaigned on raising rates and he's going to get a rate increase." [View news story]
    Geoffster,

    You said "The only way to make serious inroads into the deficit is to cut entitlements."

    But,

    Take Social Security out of the budget entirely, both payroll tax and disbursements, and you won't do anything to cut the deficit.

    Next take Medicare out of the budget entirely, both payroll tax and disbursements, and you still won't come close to cutting the deficit.

    Finally, take Unemployment Compensation out of the budget entirely, both tax and disbursements, and you still won't get close.

    It is both silly and deceiving to state that entitlements are the prime cause of the budget deficits.

    Like it or not, letting the Bush tax cuts and payroll tax cuts expire is a necessary first step for a serious solution.

    There are four separate trust funds for Social Security and Medicare.

    For Social Security, the Old-Age and Survivors Insurance (OASI) Trust Fund pays retirement and survivors benefits and had a surplus in 2011.

    The Disability Insurance (DI) Trust Fund pays disability benefits and had a slight deficit in 2011.

    OASDI is the designation for the two trust funds when they are considered on a combined basis and had a surplus in 2011.

    For Medicare, the Hospital Insurance (HI) Trust Fund pays for inpatient hospital and related care and had a slight deficit in 2011.

    The Supplementary Medical Insurance (SMI) Trust Fund comprises two separate accounts: Part B, which pays for physician and outpatient services, and Part D, which covers the prescription drug benefit and had a slight surplus in 2011 due to income from general revenues.

    Total the reported surpluses and deficits and there is a net surplus of $49.8 billion. Subtract the $222.8 billion from general revenues transferred to the SMI Trust Fund and the net is a deficit of $173 Billion. That is the maximum amount that could have been saved in fiscal year 2011 without Social Security and Medicare entitlements.

    Source: http://1.usa.gov/Tp5B0v

    The only way to get out of this mess is to restore taxes to the levels before the Bush tax cuts. Going over the cliff is a way for the politicians to save face. Then make the necessary cuts in spending. Though, as pointed out above, most of the cuts will have to be in non-entitlement areas
    Dec 30 02:49 PM | 5 Likes Like |Link to Comment
COMMENTS STATS
414 Comments
594 Likes