Seeking Alpha


Send Message
View as an RSS Feed
View DavyJ's Comments BY TICKER:
Latest  |  Highest rated
  • U.S. Government's New Way Of Calculating GDP [View article]
    Re: "As this adjustment in GDP calculation is pretty significant, I will discuss the new items in the U.S. GDP, what the consequences are and how investors should act on this revision in statistics."

    There are no consequences for investors. Investors buy companies they believe will be profitable in the future and will increase in value and return dividends or capital gains to shareholders.

    Traders and speculators may be affected if they think they have an edge because they use models that use GDP, but in reality, it's just an academic exercise.

    To buy or sell a business based upon its relationship to GDP doesn't make sense.
    Apr 24, 2013. 08:22 PM | 4 Likes Like |Link to Comment
  • 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, 2013. 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, 2013. 09:09 PM | Likes Like |Link to Comment
  • Is The U.S. Economy In Trouble? [View article]
    Doug Short seems to disagree with Zerohedge.

    But who the hell is he?
    Apr 10, 2013. 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, 2013. 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, 2013. 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, 2013. 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, 2013. 08:45 PM | Likes Like |Link to Comment
  • Why Microsoft And Intel Investors Should Be Glad The Stocks Are Languishing [View article]

    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, 2013. 12:08 PM | 2 Likes Like |Link to Comment
  • Why Microsoft And Intel Investors Should Be Glad The Stocks Are Languishing [View article]

    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, 2013. 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, 2013. 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, 2013. 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, 2013. 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, 2013. 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, 2012. 09:46 PM | 2 Likes Like |Link to Comment