The equity markets will begin their recovery before employment bottoms. It happens in every recession. The data do not need to improve for markets to rally. They just need to clearly stop getting worse.
I do not pretend to know when this happens, but most of the above comments taking issue with the author are offering arguments that have been around for some time. The next move, up or down, will be driven by largely new and thus undiscounted data.
One other thought is that at market tops the vast majority are bullish and fully invested. At bottoms (wherever that is) the vast majority are bearish and likely in cash or bonds.
On Jan 19 09:27 AM Jackson Cash wrote:
> For the Good News Economist: > > The only indicator that matters now is employment. No jobs, no recovery, > no bull. > > Get used to it, your "Obama Factor" (which is the only real reason > you wrote that piece) will be irresponsibly short lived.
MO is one of those stocks investors will snap up first as yield starved accounts become increasingly dissatisfied earning virtually nothing in money markets and CDs. The amount of money parked in these and other short term investments exceeds the market cap of the stock market. Your call is perfectly plausible to me.
On Jan 09 02:35 PM dividendmachine wrote:
> Those who buy MO will be collectinga dividend yield over over 8.25% > level and the last 2 tims in this decade the stock had a div yield > over 7% and a 20% drop in price the stock was up 9 months later 63% > and over 100% 9 months later.Facts are facts.peace
Where Is the (Sector) Leadership In This Rally? [View article]
It may be that it will be the commodities market that brings confidence to the other sectors. If a believable bottom develops in things such as oil, gas, gold, and copper it may say to the rest that the economy will soon at least slow its rate of descent. Once it stops getting worse the other sectors should rally.
Should Apple Investors Feel Good About Yesterday's Rally? [View article]
There will always be negative sentiment among market participants. This is an example of another useless opinion spouted with no supporting evidence worthy of the name and reinforces the fact that there are absolutely no standards of quality required for articles accepted for this site.
Exploiting the Downside of the Markets [View article]
When the money is easy you are likely on trecherous ground. The very best trades/investments are made when you are nauseous immediately afterward. The harder it is to pull the trigger the more likely it is to be right - and vice versa.
Amazon, Apple, Google: Buying on the Way Down [View article]
This young man is brave and also will be quite wealthy if he is not already. What he has described is a time proven method of accumulating shares. It is called "dollar cost averaging" and I have practiced it and seen it practiced for more years and stock market cycles than I care to admit to. No one buys at THE bottom. All you can hope to do is get close. This article was like reading an old cherished book again.
The Bull Run Begins This Week [View article]
I do not pretend to know when this happens, but most of the above comments taking issue with the author are offering arguments that have been around for some time. The next move, up or down, will be driven by largely new and thus undiscounted data.
One other thought is that at market tops the vast majority are bullish and fully invested. At bottoms (wherever that is) the vast majority are bearish and likely in cash or bonds.
On Jan 19 09:27 AM Jackson Cash wrote:
> For the Good News Economist:
>
> The only indicator that matters now is employment. No jobs, no recovery,
> no bull.
>
> Get used to it, your "Obama Factor" (which is the only real reason
> you wrote that piece) will be irresponsibly short lived.
Nine for '09 Picks Start Strong [View article]
On Jan 09 02:35 PM dividendmachine wrote:
> Those who buy MO will be collectinga dividend yield over over 8.25%
> level and the last 2 tims in this decade the stock had a div yield
> over 7% and a 20% drop in price the stock was up 9 months later 63%
> and over 100% 9 months later.Facts are facts.peace
Where Is the (Sector) Leadership In This Rally? [View article]
Should Apple Investors Feel Good About Yesterday's Rally? [View article]
Exploiting the Downside of the Markets [View article]
Can You See Apple Under $60? [View article]
Amazon, Apple, Google: Buying on the Way Down [View article]