Seeking Alpha

Rooster306's  Instablog

Send Message
I am an independent medium to long term trader and short term investor that specializes in technical analysis land trend following. I am also the creator and editor of
My blog:
The Rooster 306
View Rooster306's Instablogs on:
  • How The Markets Sunk Because Of The Grim Job Report

    The latest Wall Street news is not good at all! Last month, only 69,000 new jobs have been added after the seasonal adjustment and it seems that the U.S economy is following the slowdown that is already felt on the European and Asian markets. The 69,000 jobs adjustment represents the smallest increase in the last year, while the unemployment rate felt a rise from 8.1% in April to 8.2% in May. The Wall Street market and its slowdown now represents a flash point for the presidential race, as voters have directed their entire attention towards the job creating credentials of the candidates.

    Mitt Romney, the Republican candidate and President Barack Obama have already presented their cases to voters and it seems that only time will show how well they have done. Until then, the Wall Street stock market has tumbled on the report. The Dow Jones Industrial Average, which has a very strong word to say on the Wall Street market, has experienced its lowest point in 2012. It happened on Friday, when the 2.2% falling has been registered. The Obama campaign and the White House have been both surprised by the job numbers that have been revealed on Friday and polls now show the fact that the entire population has the economy and its state as main concerns before the November elections.

    A Wall Street report showed the fact that April is a month in which the consumer spending felt a rise, but the rise outpaced the incomes, which means that many consumers are still lacking cash. However, there are a few areas in which the economy is resilient. For example, the auto sales continued to gain numbers in April and May, the inflation has not registered an increase, while many consumers have managed to save some money thanks to the fact that the energy price has fallen. Unfortunately, the large picture shows that the economy is still struggling a lot and good news is still far to come. The Wall Street market has been quite hesitant to make important moves in order to avoid another crisis in case of failure and as long as nobody is making an important decision, things will continue to be struggling, together with the economy. Specialists say that this will surely be the normal state of the U.S. economy, at least for another few months and that people should not expect for miracles to happen!

    Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.

    Jun 08 12:10 PM | Link | Comment!
  • The Wall Street Fraud Watchdog Warns About U.S. Investments

    The Wall Street Fraud Watchdog warns investors who are planning to do business in the U.S. to wait until after the U.S. President elections are over and until after the Iran's nuclear weapons program ends. The Fraud Watchdog uses the strongest terms in order to convince investors that the Wall Street stock market, the U.S. real estate market and any other type of investment in the United States of America economy is not recommended. The present state of the world is more difficult than even, with the Euro and the entire Europe being in danger of sinking in any moment, with the President Obama being too busy to win the elections for the second time to be interested in the country's real problems anymore and with the nuclear weapon program that Iran is now developing.

    The Wall Street market is not a good idea in these conditions. The Wall Street Fraud Watchdog even raised awareness over the millions of residential real estate foreclosures in the United States that are far from representing a good investment just because the price of these houses and apartments is very low now! The presence of so many foreclosures will lead to a 10% real estate market decline. The United States will surely suffer the 10% residential decline in 2012 and this will have numerous repercussions and effects in other sectors too. As result of the lowering of the residential real estate market, the Wall Street journal talks about the fact that the tax free municipal bonds, which have always represented a safe investment for anybody, are not safe anymore.

    The Wall Street Fraud Watchdog group is urging the real estate market investors in the U.S to get out of the U.S. stock market and choose cash instead. The group is also attracting the attention upon the fact that home buyers should wait for a little longer, as every sing is showing the 10% decline of the residential real estate market. The Wall Street Fraud Watchdog group thinks that the present economical state of the United States is so dangerous and complicated, that some additional awareness is not too much for an investor. The stock markets, the real estate markets, the bonds markets are dangerous and don't represent a safe investment, so it is recommendable to avoid any risk. If you plan to invest in the United States of America, it is best to wait a few more months, according to the Wall Street Fraud Watchdog.

    Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.

    Jun 07 5:36 PM | Link | Comment!
  • A Beautiful Investment

    ULTA is positioned really well. The beauty and cosmetics store increased its 1st Q perspective this month as it attracted customers into shops with new special promos and attractive special offers.

    Ulta desires first-quarter income around .52-.53 dollars vs. its previous prediction of .46-.48 dollars per share. It now recognizes revenue of $474M, that's an increased guidance of $452M-$460M, and OVER 22% improvement compared to the previous season.

    Ulta is making money on the largest increase in buying healthy skin treatment, makeup and perfumes in decades. U.S. revenue of high end cosmetics, which are traded in division and specialized shops, increased to $9 1/2B last year or 11%, according NDP.

    I have been following this company for a while now and have a good portion of my money invested in it. With numbers like this in a bad stock market environment I can't help but think that I have a good egg in a box of broken shells.


    Disclosure: I am long ULTA.

    Tags: ULTA, stocks, retail
    May 27 2:33 PM | Link | Comment!
Full index of posts »
Latest Followers
Posts by Themes
Instablogs are Seeking Alpha's free blogging platform customized for finance, with instant set up and exposure to millions of readers interested in the financial markets. Publish your own instablog in minutes.