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Rope a Dope

Rope a Dope
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  • Q4 GDP growth of 2.6% a bit light of estimates [View news story]
    Remember, the BEA changed accounting measures in July 2013. You can't directly compare numbers after that with numbers before.
    Jan 30, 2015. 11:53 AM | 1 Like Like |Link to Comment
  • Google: We'd repatriate offshore cash at 6.5% tax rate [View news story]
    I worked outside the US until early 2012 and I believe the first $92,400 was exempt from Federal Withholding. As far as paying any taxes to the host country, that varies and is dependent on the host country's laws. I only worked in 1 foreign country where they imposed a payroll tax.
    Jan 30, 2015. 08:57 AM | Likes Like |Link to Comment
  • Q4 GDP growth of 2.6% a bit light of estimates [View news story]
    Obama cookin’ the books on GDP and still can’t keep the numbers at decent levels.
    Jan 30, 2015. 08:50 AM | 3 Likes Like |Link to Comment
  • Bank of America EPS of $0.25 [View news story]
    I bought into BAC in January of 2012 at an average share price of $5.37. If you consider the sharks circling around BAC, I think Moynihan has done a good job of guiding BAC over the last few years.
    Jan 15, 2015. 07:35 AM | 11 Likes Like |Link to Comment
  • Tesla Motors slides after its Detroit Auto Show appearance [View news story]
    One of the best rules I learned when I first began investing was to NEVER become emotionally attached to a particular stock. Know what I mean?

    That was rhetorical; don’t answer.
    Jan 14, 2015. 08:50 AM | 11 Likes Like |Link to Comment
  • Petrobras says its oil output passes Exxon Mobil [View news story]
    Until PBR's largest shareholder sells their stake and gets off the coattails, PBR can do nothing more than muddle along.

    They have to have the best management on the planet to keep their heads above water while dragging an anchor the size and weight (dead weight) of the Brazilian government, but they are going nowhere.
    Jan 10, 2015. 04:12 AM | 2 Likes Like |Link to Comment
  • Morgan Stanley names stocks that could win or lose most from cheaper oil [View news story]
    And then there are those people who refuse to accept reality.
    Dec 24, 2014. 01:11 PM | Likes Like |Link to Comment
  • Morgan Stanley names stocks that could win or lose most from cheaper oil [View news story]
    Camsverse, you can’t get totally free solar panels, but the government will be more than happy to subsidize them by taking money out of my wallet and putting it in yours. ‘Tis always the season with Uncle Sam.

    Merry Christmas.
    Dec 24, 2014. 06:38 AM | 1 Like Like |Link to Comment
  • Morgan Stanley names stocks that could win or lose most from cheaper oil [View news story]
    What is a Tesla?
    Dec 23, 2014. 08:08 PM | 2 Likes Like |Link to Comment
  • After Hour Gainers / Losers [View news story]
    I pay $6.95 per trade and view IB’s fees as exorbitant. You should also consider the cost of doing business with them if you make a transaction based on incomplete or inaccurate information.

    This wasn’t some grand conspiracy cooked up between SA and myself to show PRU down AH.

    16:31:16 87.9785 786 FINRA_ADF AveragePrice/FormT
    16:40:06 86.1856 400 FINRA_ADF AveragePrice/FormT
    17:35:01 89.79 2512 FINRA_ADF AveragePrice/FormT
    Dec 16, 2014. 05:52 AM | Likes Like |Link to Comment
  • California Senate leader wants to force Calpers to divest coal holdings [View news story]
    kappa, you are totally clueless with regards to our future energy needs.
    Dec 16, 2014. 04:48 AM | 7 Likes Like |Link to Comment
  • After Hour Gainers / Losers [View news story]
    Find another broker.
    Dec 13, 2014. 04:02 AM | Likes Like |Link to Comment
  • After Hour Gainers / Losers [View news story]
    It's not a mistake. The key to SA's percentage quote lies with the time they quoted it; 'Top losers, as of 5:15 p.m.'

    I show the stock down -4.014 % at 5:15 PM.
    Dec 12, 2014. 06:25 AM | 1 Like Like |Link to Comment
  • Minimum wage increases start to spread [View news story]
    Brett, I read an ad for a company that I believe had built a prototype of a machine that sliced tomatoes and onions, cooked burgers (flipped them too!), wrapped them ready for a consumer. I’ll see if I can find it again but it has been 4 to 6 months since I read that.

    Edited: it took me all of 1 minute to find the link.

    http://bit.ly/1tMlLPi

    Already being manufactured however are electronic devices where you manually enter your order. I’m not sure if you get a robotic “would you like fries with that” or not but I’m sure the technology exists to make it happen.
    Dec 3, 2014. 09:03 AM | 2 Likes Like |Link to Comment
  • Minimum wage increases start to spread [View news story]
    WR66, the CBO estimated 500,000 people would lose their jobs if the minimum wage was increased to $10.10 while lifting 900,000 people out of poverty. Raising it to $9.00 would wipe out 100,000 jobs while lifting 300,000 out of poverty. Raising the minimum wage is a great sound bite, but lacks real substance.

    The net to our economy would be about $2 billion annually, which represents less than 20% of the new (and only new) interest payments being added to the National Debt annually.

    http://1.usa.gov/1vmy8XO

    Too many people seem to think the government can mandate something with zero reaction from businesses and consumers. That has never been the case, and never will be. If you look at areas with high levels of poverty you will find low levels of High School graduation rates. Education is the key to reducing income inequality, but that always seems to be overlooked.
    Dec 3, 2014. 08:41 AM | 4 Likes Like |Link to Comment
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