Stock Trader Larry's Comments

Stock Trader Larry's Comments Stock Trader Larry's Comments RSS Syndication from SeekingAlpha.com http://seekingalpha.comuser/310560/comments Why Shorting the Market Makes Sense Above 980 http://seekingalpha.com/article/141565-why-shorting-the-market-makes-sense-above-980?source=feed#comment-534687 534687 www.bls.gov/eag/eag.us...]]> Sat, 06 Jun 2009 08:46:25 -0400 www.bls.gov/eag/eag.us...]]> McDonald's: Looking a Bit Overvalued http://seekingalpha.com/article/114494-mcdonald-s-looking-a-bit-overvalued?source=feed#comment-354216 354216 Tue, 13 Jan 2009 08:38:44 -0500 Continuing Jobless Claims Actually Rise http://seekingalpha.com/article/114017-continuing-jobless-claims-actually-rise?source=feed#comment-350602 350602
Another thing not mentioned in the numbers is the number of cash employed workers in the U.S., especially in the construction industry, who are unemployed. While they may not contribute as far as paying income taxes, they surely spend their money in the economy as we all do. This is added pressure to the economy not showing up in the unemployment numbers.]]> Fri, 09 Jan 2009 09:37:05 -0500
Another thing not mentioned in the numbers is the number of cash employed workers in the U.S., especially in the construction industry, who are unemployed. While they may not contribute as far as paying income taxes, they surely spend their money in the economy as we all do. This is added pressure to the economy not showing up in the unemployment numbers.]]> Hours worked per week down 0.2 to a new cyclical low of 33.3, which could be a sign of things to come. First they cut the hours, then they cut the jobs. http://seekingalpha.com/news/market_currents/post/14919?source=feed#comment-350589 350589 Fri, 09 Jan 2009 09:30:50 -0500 Hints of Risk Appetite Returning to the Stock Market? http://seekingalpha.com/article/112952-hints-of-risk-appetite-returning-to-the-stock-market?source=feed#comment-344303 344303 "We're also seeing an increasing proportion of stocks--nearly half across the NYSE--trading above their 50-day moving averages".
That is to be expected when coming off of historic lows in a market which has been trending down rapidly for the last 90-100 days.
It doesn't take that much money and greed that has been sitting on the sidelines for so long to reach the 50 day MA in a down tending market.
Take a look at the chart the last two times the same level was reached, in April and August of 2008. Those were short term tops in the market and quickly reversed.
Be careful out there!]]> Fri, 02 Jan 2009 12:35:59 -0500 "We're also seeing an increasing proportion of stocks--nearly half across the NYSE--trading above their 50-day moving averages".
That is to be expected when coming off of historic lows in a market which has been trending down rapidly for the last 90-100 days.
It doesn't take that much money and greed that has been sitting on the sidelines for so long to reach the 50 day MA in a down tending market.
Take a look at the chart the last two times the same level was reached, in April and August of 2008. Those were short term tops in the market and quickly reversed.
Be careful out there!]]> 2009 Dow Projections http://seekingalpha.com/article/111971-2009-dow-projections?source=feed#comment-336672 336672 Tue, 23 Dec 2008 11:40:22 -0500 Falling Oil Prices: The Bright Side of the Meltdown http://seekingalpha.com/article/111972-falling-oil-prices-the-bright-side-of-the-meltdown?source=feed#comment-336653 336653 Tue, 23 Dec 2008 11:28:33 -0500 Feb. crude down 6.7% to $41.60, while Jan. contract plunges 9.7% to $36.15. OPEC output cut notwithstanding. http://seekingalpha.com/news/market_currents/post/13675?source=feed#comment-333477 333477 That's okay with me though, I don't mind the lower prices.]]> Thu, 18 Dec 2008 17:58:19 -0500 That's okay with me though, I don't mind the lower prices.]]> Constant 'Bottoming Process' Calls Are Meaningless http://seekingalpha.com/article/110260-constant-bottoming-process-calls-are-meaningless?source=feed#comment-326253 326253 If there was a way to call the bottom with accuracy, more than one person would know how to do it by now.]]> Thu, 11 Dec 2008 09:20:59 -0500 If there was a way to call the bottom with accuracy, more than one person would know how to do it by now.]]> Six Ways to Cash in on Obama's Infrastructure Plan http://seekingalpha.com/article/109857-six-ways-to-cash-in-on-obama-s-infrastructure-plan?source=feed#comment-325306 325306 Wed, 10 Dec 2008 07:56:52 -0500 Meredith Whitney on CNBC: She's still more bearish than she's been over the last 18 months. Consumer hasn't factored in until now: banks are pulling consumer lines of credit and Americans are at risks to lose their jobs, which will pressure spending. http://seekingalpha.com/news/market_currents/post/12960?source=feed#comment-325304 325304 Wed, 10 Dec 2008 07:54:04 -0500 Mortgage Modifications Don't Necessarily Offer Relief http://seekingalpha.com/article/109863-mortgage-modifications-don-t-necessarily-offer-relief?source=feed#comment-324492 324492 Tue, 09 Dec 2008 08:59:48 -0500 Microsoft: Headed for an Earnings Miss? http://seekingalpha.com/article/109428-microsoft-headed-for-an-earnings-miss?source=feed#comment-322389 322389 Sat, 06 Dec 2008 10:28:37 -0500 $25 Oil Could Happen Before a Return to $100 http://seekingalpha.com/article/109393-25-oil-could-happen-before-a-return-to-100?source=feed#comment-321483 321483 Fri, 05 Dec 2008 08:14:44 -0500 The Treasury may try to bolster the U.S. housing market by reducing mortgage rates for new home loans to 4.5% using Fannie (FNM) and Freddie (FRE), sources say. http://seekingalpha.com/news/market_currents/post/12544?source=feed#comment-320377 320377 Wed, 03 Dec 2008 21:21:42 -0500 Apparently Bernanke and Paulson failed to give markets much reason for optimism, in what turns out to be a dreary first trading day of December. Dow -7.71% to 8,148.37. S&P -8.93% to 816.20. Nasdaq -8.95% to 1,398.07. http://seekingalpha.com/news/market_currents/post/12354?source=feed#comment-318524 318524 Mon, 01 Dec 2008 21:30:40 -0500 Bank of America Needs More of Your Tax Dollars http://seekingalpha.com/article/108641-bank-of-america-needs-more-of-your-tax-dollars?source=feed#comment-318519 318519
There will be more opportunities to go short for this one.]]> Mon, 01 Dec 2008 21:21:04 -0500
There will be more opportunities to go short for this one.]]>