mr clark

mr clark
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  • Weighing The Week Ahead: Is A Recession Looming?  [View article]
    Just stick to the charts. The data is tenuous, and any set put together in the right order can give you a positive or negative reading on recession risk. Talk to folks on main street and they may well say things are already recessionary, some unemployment readings up to 20% counting discouraged workers, disability folks etc. Govt spending is still trending up and deficits will probably widen the longer this many people is not earning income.

    I talk to the folks at Whole foods, restaurants, etc where much of the job growth has gone, they talk about barely able to make it with rising rents, reduced hours, higher medical costs etc not a sign of prosperity for the majority of this country making 30k/yr or so

    The charts say SPY made a new low recently, while DOW held up levels from last August, this gives hope for a bullish divergence but also issues caution, your gonna want to see a retest of that SPY low at the least, it breaks, go to the next levels in the 1700's etc
    Feb 7, 2016. 12:09 PM | Likes Like |Link to Comment
  • "Total political crap" - Tim Cook on claims Apple evades taxes  [View news story]
    lower the corporate tax rate, but close loopholes. Raise top level income tax to 55-65% you make $100 million, keeping $30 is plenty imo
    Dec 20, 2015. 10:29 PM | 2 Likes Like |Link to Comment
  • The Short Version: Notes On The Federal Reserve's December Meeting  [View article]
    Obviously they r lying... you cant have a large percentage of Americans with less than $500 in savings and have the Fed saying things are looking good, unless theyre statements are total BS
    Dec 16, 2015. 08:31 PM | 1 Like Like |Link to Comment
  • Printing Money Without Causing Inflation: The 2.5 Trillion Dollar Question  [View article]
    the M2 $$ printing has already caused great inflation, with housing and rents up 50-100% plus in a decade or so, while average incomes are down... that is the effect of wealth rained down upon wall st and govt insiders while the average family must hope for the trickle down effect to come into play

    we should be nearing the beginning of an inflationary rally soon enough, especially as another Fed "stimulus" comes into view
    Nov 30, 2015. 08:10 PM | 3 Likes Like |Link to Comment
  • Fed Policy: Unsafe At Any Speed?  [View article]
    Great conversation... there are some obvious positives from the Feds recent activity since 2009, as well as many glaring negatives, most notably in wealth disparity and stealth inflation (often caused by this disparity). Fact is the majority of americans are not doing great, thus their overall policy must be viewed as a failure, consider:

    25% of adult have zero savings
    41% of americans have less than $500 in the bank
    38 million households live month to month
    47 million on food stamps
    and so on...
    Main street, however, is not Wall st, thus there is no need to worry until the printing presses are confiscated or the US govt actually is forced to balance the budget, then all bets are off!
    Nov 29, 2015. 12:10 PM | 1 Like Like |Link to Comment
  • Stock Markets Remain At Dangerous Fed-Conjured Topping Valuations  [View article]
    agree with author on some points, but also with comments that Fed has the ability to launch another QE at any time, and that threat of another $trillion or more pumped into the trickle down economy will keep the big $$ players from panicking, every time. Only when they cannot deny the inflation caused by this practice, and particularly, the wealth disparity that is exacerbating this non-existent inflation will this end (apartments in major population areas up 2-300% in cost and rent in less than a decade). Main street is sick of this trickle down $$ printing but wall st owns the media so again, hard to fight the Fed!

    Agree gold, miners, select energy and not much else looks "cheap" here, mkt will likely drop 20% by next year then a big $$ printing rally will ensue...
    Nov 29, 2015. 11:26 AM | Likes Like |Link to Comment
  • S&P 500: The Perfect Short  [View article]
    agree it will retreat to lower levels, but is this the high or do they push it seasonally higher into May before the big dip to lower lows around/after the election in november? And if SPY does break down to 16-1700 by that time, we can be sure the Fed will be there with another round of QE... that will be your commodity run cue

    I will look to short indexes soon, prob next week for best prices, and go long before year end for a few months.
    Nov 11, 2015. 10:50 AM | Likes Like |Link to Comment
  • Weighing The Week Ahead: What Do Higher U.S. Interest Rates Mean For Financial Markets?  [View article]
    No recession in sight for Wall st! Main street however is not doing well, still prefer to actually talk to people in my travels vs a financial summation of the economy...

    Things are precarious, held together by a massive bubble in real estate, continued centralization of corporate monopolies, and massive govt subsidies for health, tech, military etc

    cant wait to break that 20 trillion debt, only a few more years!
    Nov 8, 2015. 12:11 PM | 1 Like Like |Link to Comment
  • The 'Low Housing Inventory' Myth  [View article]
    its bad and getting worse, look at rents in many markets nationwide, where its sucking up to 50% of household income. We need to reign in speculation in housing, leave that to stocks, tax second homes, rental properties, vacation rentals etc, use this income to subsidize low cost housing construction.
    If Fed really wanted to support home ownership, it would subsidize 1% interest for first time home buyers
    Oct 9, 2015. 10:00 PM | 2 Likes Like |Link to Comment
  • Friday's Stock Sell-Off And The Fed's Epic Fail  [View article]
    either way, stocks have/are correcting and if you werent short, be quick as we will probably be rallying back to test highs in a month or so
    Sep 21, 2015. 08:16 PM | Likes Like |Link to Comment
  • Take A Broader View Than The Fed  [View article]
    its odd how cost of housing, buying or renting is up 50-100% in last decade with wages stagnant but no inflation! imagine that...
    Sep 16, 2015. 07:15 PM | 1 Like Like |Link to Comment
  • What Does A Stock Market Bottom Look Like?  [View article]
    I like the general theory of an extended chop followed by a retest. However, coming off such a historic run and mkt bubble, we may need to wait a bit before a decent rally comes (multi-month). The mkt definitely has the feel that people want out, probably exacerbated by the constant and overnight reversals lower.
    China will also play a role, looks like they will be tightening up for a while longer.

    Plan is to buy November/December for seasonal rally Jan-May at this point, no reason to jump in too soon here
    Sep 7, 2015. 06:44 PM | Likes Like |Link to Comment
  • Get Ready For The Second Round Of The Market Downturn  [View article]
    One of the commentators had it most accurate, in that we are forming a head and shoulders pattern. However, we did violate October 2014 low which is bearish and a sign new lows will come. Expect a retest of recent lows soon, they should hold for a while, and we will probably bounce around in this lower channel, maybe seasonal rally in January - April to attempt at upper resistance, then fall apart to new lows 1600 SPY late '16 early '17 ..MY PLAN nothing else
    Aug 29, 2015. 11:17 PM | Likes Like |Link to Comment
    bottom will be late next year early '17 imo, next decent rally after Christmas...
    Aug 29, 2015. 07:14 PM | Likes Like |Link to Comment
  • Trading Volatility: The Hunt For Disaster Is The New Gold Rush  [View article]
    u better be in VXX etc now its going straight up next week...
    Aug 7, 2015. 08:28 PM | Likes Like |Link to Comment