MarkMedayski

Changes in P/E Ratios During the Current Bear Market

P/E ratio have no meaning as long as it is valuation based on earnings of a public campany before majority of investors didn't dump it's shares.
When stock price falls/rises so is P/E.
If company earns 2$ per share per year at the average price of 50$ per share then P/E equals 25.
If the same company earned 2$ per share and price of the stock fell down 50% so P/E will be halved too to 12.5 but the valuation didn't got any cheaper as investors don't believe the same company will deliver in the future.And the future nobody knows,what is cheap,what is expensive?Who can tell that?
The only true is that when stock price fall,investors lose and nobody cares about the P/E ratio when your bank statement shows your money been wiped out.
Don't buy into this article,your brokerage statement is the best proof of what you are worth today.
Dump this bloody market,take your money and run before it kills you.
I promise till this December the Dow Jones will be below 9000 at most best possible scenario and P/E of your stock will get even cheaper,so you must chose to take the loss and get burned or buy more to average at lower prices.But this new money will be taken from you too,as bear knows no fear,he will eat as long as you will feed him and there will be many more victims who will show you how nice is P/E of your loser looks when you will lose 50-80% on your best in the world blueest of blue chips.
Dump the grizzly bear before it sucks your blood and soul.

U.S. Session Wrap: Meredith Whitney Does It Again

How somebody comment on everything,FX,Oil,Gold if one doesn't have any position in derivatives he writes about.
I am a trader and watch markets every day and have a feeling for it as my account goes up and down in regard to the market movements.
All the commodities bulls become bears suddenly,it proves again nobody have an idea what is happening.
From traders perspective,for short term I can see that Crude Oil have strong support at 113$ as rising price have good volume while declines are made by pikers.I am positioning for rebound in Crude Oil and Nat Gas (I don't trade metals and don't have an opinion on that) as big balls guys are accumulating now and the ood thing is that this kind of biggest Oil/Gas traders don't buy it to make a buck,they must see the market to the future as liquidating big position in energies is not economic,with big selling volume prices will crash.They can sell only when prices go up 5-10% or more as then pikers already get bullish news and buy so big funds are nicely selling some of their positions.
Look what happened when the main traders started to sell Crude Oil from 145$ it took prices more than 30$ down,I think more than is accepted by their valuations.So I think their selling will come at 135$ at least as accumulation happened to build at around 125-115$ level.
Even if Oil may decline more in the future,first the Mafia will make their money from your shorts.
Don't listen to any analyst/expert who writes about things he don't knows about and don't trades.If would not advise a driver how to drive if would not have a driving license.
Good trading day everybody,follow your killer insticts.

Weekly Street Sentiment: Energy On Top, Financials Weakest

The best market sentiment is when each of 180,000,000 Americans will enter his/her bank and will look at his statement.If the statement will show that individuals financial situation is acceptable and good,then it's a bull market.On other side if the statement shows you are in big troubles facing foreclosure and balloning debt interest,then market sentiment is very bad.And don't forget to look at the face of average bank employee,I don't think he/she is having fun like it was in the good old 90's.
I was in the Commerzbank AG this morning in Frankfurt,Germany.Neve... European bankers looked so grim and destroyed.
My sentiment derived from my brain shows Dow Jones below 10,000 in September and below 9,000 in October.Yes,this year,of course.
Don't trust researchers,the reality is rude and if your average mutual fund holdings didn't scare you yet,the market will show you the hell very soon.Just don't sell,sit put and wait to see how money slowly dissapear somewhere.