erniem

GE Is David Hartzell's Highest Conviction Holding - Here's Why

I dumped GE a month ago. It's a financial black hole. The management ruined a perfectly good company by exposing it to billions of dollars of financial gamble.

Why Apple Is Worth $80

AAPL is one more churn and burn hedge fund favorite. That alone would stop me from buying a stock that pays no dividend and has a PE approaching 40. Buy all you want boys, just don't cry when the market for yuppie toys goes belly up.

Can Apple Be a $300 Stock?

Apple is and always has been another speculative stock. A super high P/E combined with no dividends and a dependence on the sale of toys to the prosperous and semi prosperous make it the Starbucks of gadgetry. As long as there is money around to play with, Apple will survive. Just don't be surprised when the latest toy, such as the tablet, crashes through the floor like a brick and the stock drops $150 in a month.

How Much Natural Gas Remains in the USA?

The only problem with linking NG price with demand ( and the concomitiant increase in production) is that there is no real link, only economic. That is a bit like saying that if the price of oil goes up to $200 a barrel, we suddenly will have a huge supply. We won't. None of the "massive" finds of oil are anything more than a few months or years supply. There are no more Ghrawars, not even Cantarells.

Five Charts to Rule Them All: The Coffee House Guide to U.S. Macro Trends

you gotta start using spellcheck dude

How to Trade Natural Gas, Crude Oil and Gold ETF Funds

So the author is basicallly saying but low and sell high. Now that is a unique concept.

China: Spreading the Sovereign Wealth to Buy Overseas Commodity Assets

Welcome to the future. China is getting hundreds of billions every year in interest payments alone on US debt. They are doing what any smart investor would do, invest for the future.

What an Apple Tablet Has to Be

Apple has made major mistakes before and this appears to be one, if they are producing a tablet. As with many companies, their preoccupation is with massive income producing sales of new gadgets, not improving the old ones UNLESS it will produce income. Nothing wrong with that, but they just ran into the original limitation of gadgetry, human ergonomics. A laptop is something you carry around and use, an iphone is something you stick in your pocket. The tablet is, by definition, something you carry around. Why carry around a 10 by 10 limited function tablet, when you can carry around a small laptop? The usual yuppie/techno geaks will buy this and call it "indispensable", but the public won't. They are broke, and they sure don't need one more toy to carry around.

Now when they find a way to stick a 10 by 10 interface in a pocket, they will sell millions of them. But not yet. I'd avoid getting all gushy about apple stock, which pays no dividend and has 30/1 PE. Why in world would anyone buy it? Only because it's another popular churn stock, like Google. Another way the big boys take money from the small boys.

UNG Trading 101

Unfortunately ( for them, not the rest of us) some investors never learn to cut their losses, admit they screwed up, and move on. I would not touch UNG with a ten foot pole. If I want to invest in NG ( I don't) it will be a Master trust or producer. Not an option derived ETF. Lunacy.

Speculative Trading Indicates Rally Losing Steam

I've done well this year in the market, both with cap gains and appreciation. i have also sold sold sold and eliminated most of my positions and now only trade FAS and FAZ. This market is going to tank, and we are talking 1000 points easily. Financials will be so far underwater within two months that it will be obvious then the present bull market ( which died a week or two ago) was vastly overbought.

Momentum Slows as Traders Tire

Thanks Bill, I decided a couple weeks ago to trim stocks and cut back to my primary dividend stocks last week. I am now anticipating a nice end of summer sell off as the huge jump the market has taken rationalizes.

Mexico's Declining Oil Production: Clarion Call for Cantarell

Mexico without Cantarell's income is pretty much a projection of today. Only far worse. The funding for clinics, food handouts, dental work, housing and education will go from very little to even less. The pressure on the poor to go SOMEWHERE will increase accordingly. Only the bad economy in the US has kept this flight from sorrow as low as it is currently. What the impact of even further depredation will be is not clear, but I hope there is a good fence in place.

Penn West: Distribution at Risk

The plug "pulling" is a tax increase that will lower dividends, though PWE has enough writeoffs that it won't matter for a few years after 2011. As far as the dividend cut, the same applies to almost every major energy company, though the current oil and gas prices are healthy enough to sustain, in my opinion.

Gold Bullion Regaining Its Glitter

I don't regret the bullion I have held for the last 30 years at all.

Inflation vs. Deflation: Pick Your Poison

As always, the truth lies between the extremes. I suspect Deflation over the next 2-5 years, as the Fed fairly carefully watches and regulates inflation. Once the toxic waste is eliminated, the Federal Govt has taken most of the hit, Goldman Sachs is up to $900 a share, and banks are again fairly healthy, the hens will come home to roost. And interest rates will rise, rise, and rise, as the underlying Federal debt has not been eliminated, but has grown continually, and NO ONE will want to finance it further.