wineo

Time to Reenter GE

GE is not best of breed in any of their business lines, which is a grab bag of also rans. For example, Bombadier does better in rails and Vestas does better in wind. However, they do seem to have a corner on the surveillance market, helping governments worldwide keep track of their citizens - a fast growing market, especially here in the US.

Look Who's Buying Natural Gas Now

I wonder about the variation in NG production costs around the world and the motivation of some producers to sell below the production cost for extended periods of time.


On May 14 02:17 PM Mark Anthony wrote:

> The whole notion of natural gas fundamental being weak is wrong.
> People have been looking at only the demand side story, and forget
> there is also a supply side story. The fact of the matter is if a
> communidy is not priced fairly, is price way below production cost,
> it will inevitably leads to much lower production and that will bring
> price back up to above cost.
>
> So you should always compare a commodity's price with its production
> cost, to determine whether it has a strong or weak fundamental at
> current price level.

Jon Friedman is disenchanted with Warren Buffett's "crocodile tears" for the newspaper industry. "If Buffett truly believed our nation will be a poorer place without a thriving newspaper industry, why can't he step up and direct his laser intelligence to easing, if not solving, the problem."

He has always backed the WP, a war mongering establishment paper that supports the big money war machine.

There Are Opportunities Everywhere - Barron's Interview

Why don't you dig into his history and report it here instead of making this unsubstantiated comment. In other words show me the facts.


On May 03 05:43 PM dcb wrote:

> The question I always need to ask is what was he saying before this
> time. without some idea of his history one doesn't know does one.
> The rally must stall if the public doesn't buy into it. so wait and
> buy cheaper. why do these people always come out of the woodwork
> when it is time for a rally to stall.

Party Like It's 1931?

A few months ago when AUD was around .62 people were predicting it would go to .50 and now here it is over .70. I wouldn't jump into FXA with both feet.


On May 03 09:06 AM basehitz wrote:

> Mexico has serious problems. If you have backup for why that's safer,
> I'd like to know your reasoning. I agree with Australia as natural
> resourse play. Same for Canada, and their banking system is relatively
> healthy.
>
> I also have cashed out (all but 5%) this week. The comparisons to
> the 1930s hopefully will be mitigated by learning from those mistakes.
> However, we are already exhibiting some signs of protectionism. But
> the 2 bigger issues for me are cap & trade, which China and India
> are not expected to comply with putting us at a competitive disadvantage.
> To gauge the level of impact, utilities estimate 40% increase in
> everyone's electric bill. That includes residential and manufacturing.
> So who's gonna build a plant here???
>
> The second issue is this. . .
> ftalphaville.ft.com/bl.../
>
>
> We are swimming in debt. And since this chart includes all debt,
> creating massive debt at govt level to counteract more responsible
> spending/saving by consumers is a net wash. By the linked chart,
> we need to take out 150% GDP in debt to get to a historically normal
> level. That's $22,000,000,000,000. That's a lotta frigging zeroes.
> Last month Banana Republic Ben manufacured $1T out of thin air. Is
> he gonna do this every month? Face it, we overspent for too long.
> No matter how much cheerleading CNBC does, facts are stubborn things.
> The last (and only) time we did this, sustainable growth didn't happen
> again until the debt was worked down to a manageable level. That
> was over 10 years later. No hurry to buy stocks, no matter the pump
> monkeys at Government Sachs and CNBC.

Party Like It's 1931?

"Green shoots" is another expression that has recently sprouted in the financial media. Wall Streeters have quickly morphed into organic gardeners. Jim Roger's prediction that farmers will be driving around in Ferraris may come true.


On May 03 02:20 PM Happydaze wrote:

> There is a lot of "magic talk" in the financial news these days.
>
>
> "Beat By A Penny" is the favorite game and market dynamics and <br/>earnings
> "beating expectations" have been the prime drivers behind this rally.
>
>
> The mkt "rubber band" has certainly snapped back from an extreme
> stretching. But the most important component of this "Market Magic"
> has been utterly ignored by the MSM.
>
> Misdirection.
>
> Pay no heed to what's really going on, just keep your eye on the
> shiny seductive rally.
>
> What is truly going on is that S&amp;P earnings will be down YOY
> about 37%. After a mark down from about $90 to $50, what will say
>
> $40 or less do for "The Market".
>
> No bull market has ever started from an S&amp;P Price Earnings multiple
> in the teens.
>
> Repeat this to yourselves.
>
> With rising stock prices and falling earnings, the Price Earnings
> Ratio on the S&amp;P is going to get a big boost well into high over
> bought territory.
>
> In about 1920 the S&amp;P PE was about 5.
> On Black Tuesday in 1929 it was 30.
> In Spring of 1930 it went back down to about 7.
> Then in the forties and fifties it hit sub ten again.
>
> Through most of the late 70's and mid 80's it STAYED BELOW
> 10 with the high hitting about 12 and the low about 7.
>
> Prior to the year 2000, the highest high the S&amp;P PE ever hit
> was before the 1929 crash at which time it got to 30.
>
> In 2000 the PE hit about 44, the highest over valuation in history
> by nearly 47%!
>
> And today the PE is about 15. (And this is before factoring in the
> fallen earnings for the first quarter... beat by a penny, indeed)
>
>
> So using the simple wisdom of what people have always done over and
> over and over again as a guide, the preponderance of evidence is
> indisputable that PE's must go much lower before a
> true bottom in equities is found.
>
> Unless, of course, "its different this time."

Denison Shares Up Sharply; BMO Impressed with Wheeler River Project

Go ahead and locate all the uranium the world needs in the Athabasca Basin but then try and recover it.

Mr. Roubini, Please Take a Seat

1. Exports of what? Military equipment, planes, drones, bombs, assault rifles. Nice way to make a living.

2. TED spread? Wouldn't have a clue.

3. Tangibles, is that commodities? Are people buying this to make stuff, or are is it Goldman Sachs buying as a speculation?

4. Bank earnings? What earnings would they have without free money from the government.

Oil Speculators: Watch Out

That was all American government free market stuff. They sacrificed autos to sell other high margin stuff like financial services, jets, guns and bombs. Why compete in low margin autos when you got the best financial crooks, the best genetically modified seeds, the most immoral lawyers, the best jets and the nastiest bombs?


On Apr 26 01:11 PM capt Brian wrote:

> Sure, why not. Let's allow all of our competitors have the edge
> like we did for the auto industry. Let's not compete properly on
> the same level, we need to start below the rest of the world 'cause
> it is not fair that we are so smart, and doing so well, it makes
> them look stupid.
>
> And while we are at it, how about a law that even starting behind
> the starting line, as everyone else does, how about if we win we
> give the trophy (profit) to those who were not smart enough, quick
> enough or too challanged to have any brains. Too much inbreeding,
> bad childhood, crooked parents, and any excuse you can come up with
> is enough for us to share our winnings with those too stupid to win.
>
>
> There, will that satisfy everyone,except those smart enough to go
> out and make a profit?
>
>
> GASP, where the hell is all this coming from the NYT?
>
> Capt Brian
> Floundering again. HEY who is gonna give me the money back I lost
> in the market when companies lied to me?

Caterpillar's Loss Not a Good Harbinger of Economic Things to Come

Be patient grasshopper, or was that Catarpillar. The destruction in Iraq, Afghanistan, and wherever else we hit next, will eventually benefit you.

Saudi Khurais Field: Looks Like Easy Oil May Be Gone from Arabia, Too

Looking at the picture, it seems like a good time to buy steel and infrastructure companies.

Why Our Credit Crunch Mirrors the Weimar Hyperinflation from 1919-1923

TeeBone doesn't like negative responses and TeeBone doesn't like rednecks. There are too many of both on this site so I will stop coming here.


On Apr 12 03:12 PM TeeBone wrote:

> Extending your comparison to Germany into the future, it is possible
> to see a prosperous USA, an export juggernaut of unknown future products,
> with a new western hemisphere currency - the Amero. Obama is courting
> Latin America because there is oil in them thar waters, minerals
> in the mountains and rich soil in the pampas, not to mention a few
> million consumers of those future products. He'd better be sincere
> and thinking about partnership rather than exploitation. He could
> think seriously about legalising marajuana, which would help Mexico
> with its drug wars. Mexico is a rich country with beautiful people,
> being torn apart and we don't need that instability on our borders
> sucking up billions of dollars in a winless war on drugs.

Goldman Releases Earnings Early; Has World Gone Crazy?

Judging from her appearance, Whitney is suffering the same fate as many Wall Streeters - too many high calorie lunches followed by long cat naps at her desk. Wakes up just in time to grab that bonus check. Wall Street men go bald, the women get fat.


On Apr 14 03:21 PM Eric in IL wrote:

> So, my takeaway from the comments is a strong buy on GS at $100-$110.
> You guys are trading angry. Trade with your brains. Even Whitney
> has become less bearish.

Goldman Releases Earnings Early; Has World Gone Crazy?

Has the world gone crazy he asks, focusing on GS antics, as we approach the anniversary of the Columbine disaster. All this pain at home and what about those poor souls overseas, suffering with us but not having our vote. Things won't change with Obama, that's becoming increasingly obvious.

America's Financial Oligarchy Still Rules

An Afro-American man doesn't just jump out all of a sudden like Obama did and become President of the USofA. Somebody somewhere was behind it, many somebodies with huge sums of money organised to put this man in office. Who are these men and what are their agendas? The military agenda is obvious. The energy agenda doesn't include natgas, so that is skeptical. The healthcare agenda doesn't include single payer so that's a loser for most of us and a winner for somebody else.
The real simple lying and deceipt of the man comes with the selection of a puppy. He talked about shelter puppies but now has chosen a Portuguese Water Dog, which is a special dog only available from a few breeders in America. There are no PWD's available at shelters.
So unless he has some real good excuses for the above, he is a lying weasel piece of shit, our President.