AndrewBaker

AndrewBaker
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  • Wall Street Breakfast: Yellen Testimony Takes Center Stage  [View article]
    One of them not in it, for sure; and here's how to decide which one shouldn't be:

    http://bit.ly/1zwfWZJ

    Now, which one could it possibly be, lol. :)
    Feb 10, 2016. 10:00 AM | Likes Like |Link to Comment
  • Wall Street Breakfast: More Market Jitters As Japan Stocks Dive  [View article]
    Yes, at loooong last my GDX buy last year is starting to reward my patience. Gold itself is good right now, but gold miners are a leveraged play on the price, so GDX should be very rewarding going forward, says the ever optimist; lol.
    Feb 9, 2016. 08:38 AM | Likes Like |Link to Comment
  • Wall Street Breakfast: Rocky Start To The Week For Stocks  [View article]
    The markets are not declining for valid reasons of declining business or potential recession, but because uncertainty abounds, and economic measures and matters are not being viewed in a contemporary and in-the-present manner.

    As an example, the Baltic Dry Index is at record lows, and many view this as a sign of doom. As the long lead time means that too many ships have been and are being built, capacity exceeds demand and this will worsen, so ship freight prices will be low even when demand increases. The index level is reflecting this as much as, if not more than, it reflects poor demand.

    Additionally, many economic factors have no correlation or connection with ships moving goods around. Service industries prosper or not irrespective of floating masses of iron.

    The oil price is low for a similar reason: supply exceeds demand; but that doesn't mean that demand is falling off of a cliff. In fact even with extra supply, stocks will fall later this year. Of course oil producers are showing poor results right now and are reducing expenditure and jobs, feeding even more pessimism into the markets equation.

    Make allowances for these and similar factors, and the outlook is not so bleak.

    I'll probably have to wait many months more for that many to agree with me, but I don't mind, as it means buying prices of good stocks will be a lot less than otherwise; and offloading the not-so-good ones later on will get a better reward as prices then will be higher than otherwise as others belatedly jump back into the market.
    Feb 8, 2016. 07:21 AM | 6 Likes Like |Link to Comment
  • Wall Street Breakfast: Equities-Oil Relationship Gets Warmer  [View article]
    Although it's hard to see, we must be near a bottom in several areas, politically and economically, so unless we're going into another great depression, which I strongly doubt, then matters will improve going forward. I think that by the end of this year, we'll all be feeling more optimistic, and actually be feeling the benefits of an improved economy if not by then, then sometime soon after.
    Feb 4, 2016. 07:46 AM | 4 Likes Like |Link to Comment
  • Wall Street Breakfast: ChemChina Makes $43B Offer For Syngenta  [View article]
    2harddrive,

    There have been numerous studies over the years, which a simple Google (or Yahoo, lol) search will uncover. Without the unprotected sex part; a pregnant female's brain loses 7% of its mass during pregnancy, and it regrows, arguably better, and when the child is a boy, has 'Y' chromosomes in there afterwards which cannot be her own. (There may be 'X' chromosomes when it's a daughter, but they are a lot harder to isolate given she's a woman anyway.) 'Y's are also found in heart, lung, liver and other places ... but anyone with an interest can look up far better written explanations that I can make in a short post on here.
    Feb 3, 2016. 12:58 PM | Likes Like |Link to Comment
  • Wall Street Breakfast: ChemChina Makes $43B Offer For Syngenta  [View article]
    Tell them about microchimerism, where a woman has cells from every man she's ever had unprotected sex with in her brain, heart, lungs, liver etc. and likely they've, as well as the dad's, got into the children she's had since those sexual encounters ...

    This might make a few stop and think for a while, lol. :) :

    http://bit.ly/1QGiYFG
    Feb 3, 2016. 11:52 AM | Likes Like |Link to Comment
  • Wall Street Breakfast: ChemChina Makes $43B Offer For Syngenta  [View article]
    My main email is Yahoo, too: but I've been promising myself to re-direct all mail to my Google email, which is easy to do; and then slowly-slowly people will pick up the new address, and until they do, it'll still reach me via Yahoo. Only it takes time and effort to do, which when I've got the free time, I'm not inclined to use it doing that; though I really should, as Yahoo is so bad so often.

    So, yes: it's stickiness that keeps people in there: like changing a bad bank: you can do it, but the effort puts us off. Must try harder, lol.
    Feb 3, 2016. 11:41 AM | 3 Likes Like |Link to Comment
  • Wall Street Breakfast: Alphabet Becomes World's Most Valuable Company  [View article]
    Hi again, AbleBaker,

    My own comment a week or so ago was that mutual funds were forced sellers because investors were panicking and selling in greater amounts than the managers have in cash for redemptions, forcing them to sell into the market to raise required cash. Others added that 401K selling should be added to that also. In looking into things to try to get a better idea, I came across suggestions that SWF selling was implicated too, and please find two links to articles regarding that:

    http://on.ft.com/1nDCrNa

    http://on.barrons.com/...

    Regards,
    Andrew.
    Feb 2, 2016. 12:44 PM | 1 Like Like |Link to Comment
  • Wall Street Breakfast: Alphabet Becomes World's Most Valuable Company  [View article]
    Hi, 2harddrive,

    Yes, 1 in 64 is right, as I replied to AbleBaker: I'd posted and not noticed until it was too late to edit: I probably have an unknown blood tie with Bart Simpson.
    Feb 2, 2016. 12:33 PM | Likes Like |Link to Comment
  • Wall Street Breakfast: Alphabet Becomes World's Most Valuable Company  [View article]
    AbleBaker,

    Hi: yes, 1 in 64. I'd posted and not noticed 'til it was too late to edit!! Doh, just call me Bart.
    Feb 2, 2016. 12:30 PM | Likes Like |Link to Comment
  • Wall Street Breakfast: Alphabet Becomes World's Most Valuable Company  [View article]
    As a refiner, VLO benefits from low crude prices, unlike the extractors: so, yes, it's a good stock to hold and maybe even buy more of right now, with crude prices so low. VLO doesn't need the extra cash it's getting from its higher profit margins, so its investors are benefiting as a result. Maybe should put it on StockTalks with a buy recommendation.
    Feb 2, 2016. 08:39 AM | 3 Likes Like |Link to Comment
  • Wall Street Breakfast: Alphabet Becomes World's Most Valuable Company  [View article]
    Your math is right: 1 chance in 32 that it occurs, and sometimes it will; so if the flips were fair, this is that 1 time.
    Feb 2, 2016. 08:28 AM | 1 Like Like |Link to Comment
  • Wall Street Breakfast: Alphabet Becomes World's Most Valuable Company  [View article]
    The big fall in crude prices is affecting not just oil stocks, but stocks generally, because the Sovereign Wealth Funds (SWF) of many oil producing countries have been selling stocks to raise cash that is needed and no longer available from their oil sales. Such forced selling is a big factor in the current wild market swings we are seeing. So it helps to know that this current volatility is not because businesses are suffering so much as that too many stocks are being sold into the markets, such that supply overwhelms demand, and prices fall as a result.

    Even more reason to keep a close eye on that watch-list to pick up those far-too-cheap stocks that are out there; given you are a longer term investor who can wait out the ups and downs now, with a view to rewarding returns in the future.

    And, given that it tends to be the big stocks these SWF are selling, watching smaller stocks could be a good idea too, as they are not so likely to be hit by such selling.
    Feb 2, 2016. 07:50 AM | 2 Likes Like |Link to Comment
  • Wall Street Breakfast: Alphabet Becomes World's Most Valuable Company  [View article]
    It's a good thing that Iowa has enough sensible people to ensure the results were balanced. Given the candidates, the next president , whoever he/she is, will not be perfect, but let's hope they won't so so imperfect, as one candidate is for sure, that the country will lose friends and influence worldwide. Fortunately, in my humble view, there are not enough right-wing bigots with a vote for that possibility to ever happen.
    Feb 2, 2016. 07:38 AM | 10 Likes Like |Link to Comment
  • Wall Street Breakfast: What Will February Bring?  [View article]
    Read an interesting article recently which included a comparison of Trump with Mussolini (and google images for Trump Mussolini comparison too, the pics are startling): fascinating!

    http://wapo.st/1nYDdow
    Feb 1, 2016. 07:54 AM | 2 Likes Like |Link to Comment
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