Why High Oil Prices Are Likely Here to Stay [View article]
How about the BIGGEST reason oil has went up, SPECULATION!!! Just last month the day of futures expiration the current month contract fell 2-3$ and the contract month they were rolling over stayed the same price. Why!!?!? B/c no one wants to actually take delivery of the stuff, they just want to continue rolling their contracts and SCREWING the public. China is limiting car purchases, US is moving toward more economical cars, etc...All the arguments listed above are common reasons given to the masses to explain away the dirtbag speculators actions...
With just an hour to spare, congressional leaders avert a federal shutdown with a budget deal to slash $39B in the remaining six months of the fiscal year. A bridge resolution will keep the government open next week while the paperwork is finished, and the agreement drops contentious riders that would have denied funding to Planned Parenthood and the EPA. [View news story]
Of course republicans want to defund the EPA...While we're at it why dont they issue BP another apologize for the verbal bashing they got after ruining the ENTIRE gulf coast
More on FOMC minutes: "With longer-term inflation expectations remaining stable and measures of underlying inflation subdued, members anticipated that recent increases in the prices of energy and other commodities would result in only a transitory increase in headline inflation." [View news story]
Too bad the Az gunman went after a nice congresswoman instead of one of these dirtballs.... I know iPads cost the same as last year but it's a lot harder to get my 2yo daughter to eat an iPad than regular baby food...
I was short before they played that nasty game of destroying the weak hands..although the author is correct about Japan having a debt problem, this would've been a much better call 2 weeks ago...
Opportunity Forming for the U.S. Dollar [View article]
I like how you write 'investors' like there are a large amount of them in this sham of a market. That's ok though, I'm just I pissed off bear even though I have already drank the kool aid and now make money investing in undervalued stocks like cmg, nflx, amzn, and pcln.
$ is going up to the 80 levels soon. 'they' might crash it for a short period like they did the yen, and when all the investors have lined their bets up in anticipation of the $ falling lower than 70 then it will race up to 80. All this will probably happen within the next two months. The excuse will most likely be Spain's problems coming into focus.
Although you set the bar pretty low, I find this article your best work to date. However, you might want to quantify your statement, "When the Fed's supply of reserves is equal to the world's demand to hold reserves, then there is no inflationary consequence; that explains why inflation has remained relatively low."
Worldwide inlation is pretty high. And although Gov't statistics show it is low here, tell that to the people not in the top 1% who are paying 10$ more a gallon to fill up their tank or have bigger grocery bills!
APWR The Best Undervalued Player in China [View instapost]
You also said they were undervalued at 15$ last year... Not trying to be a d!ck, I like APWR and WANT them to do well, but Im not sure it's their time yet. Sooner or later the correction that everyone has been waiting for will happen (maybe in March with the Irish vote).When that correction happens the high beta ADRs like APWR, STP, YGE, SOL, JASO, etc will fall hard and fast. That will be the time to buy APWR and STP. Right now Im only inclined to buy a few hundred shares write call options against them...
Cramer's Lightning Round - I Don't Want to End on Cisco (2/15/11) [View article]
CSCO is about the only stock I would CONSIDER here so of course that IDIOT Cramer is against it! Sure, NFLX, CMG, and the other momentum stocks have the day now, but someday people are going to realize that the p/e on a friggin RESTAURANT stock such as CMG should NOT BE ABOVE 15, or that NFLX will soon face stiff competition from Amazon!
Whitney Tilson: Why We Covered Our Netflix Short [View article]
International growth!?!? Really!?! I don't know about the rest of you but in most countries I have been to, good, bootlegged copies are availabe right after the movie is released! I don't see much Int'l growth potential. I'll be shorting NFLX and these other POS momentum stock when the Bernanke's stream of free money ends....
He was only saying that stuff in interviews, his newsletter said to be cautious but indicators remained bullish. Think he was also long NDAQ Futs and made a killing. Looks like Nenner was right short term on oil. Besides Mubarak resigning, Matt and other speculators had a ridiculous amount of open interest on the March contracts they need to roll to future months by next Friday I think. This will result in oil falling the next few days to the low 80s. After they roll the contracts they can resume their shenanigans...
Now That April 15 Is Upon Us, Is It Time To Dump H&R Block? [View article]
Why High Oil Prices Are Likely Here to Stay [View article]
With just an hour to spare, congressional leaders avert a federal shutdown with a budget deal to slash $39B in the remaining six months of the fiscal year. A bridge resolution will keep the government open next week while the paperwork is finished, and the agreement drops contentious riders that would have denied funding to Planned Parenthood and the EPA. [View news story]
Wall Street Breakfast: Must-Know News [View article]
More on FOMC minutes: "With longer-term inflation expectations remaining stable and measures of underlying inflation subdued, members anticipated that recent increases in the prices of energy and other commodities would result in only a transitory increase in headline inflation." [View news story]
Why It's Time to Short the Yen [View article]
Opportunity Forming for the U.S. Dollar [View article]
Prepare for a Rout in the Dollar [View article]
Waiting for the QE2 Shoe to Drop [View article]
"When the Fed's supply of reserves is equal to the world's demand to hold reserves, then there is no inflationary consequence; that explains why inflation has remained relatively low."
Worldwide inlation is pretty high. And although Gov't statistics show it is low here, tell that to the people not in the top 1% who are paying 10$ more a gallon to fill up their tank or have bigger grocery bills!
APWR The Best Undervalued Player in China [View instapost]
Wall Street Breakfast: Must-Know News [View article]
Cramer's Lightning Round - I Don't Want to End on Cisco (2/15/11) [View article]
Whitney Tilson: Why We Covered Our Netflix Short [View article]
Today in Commodities [View article]
Today in Commodities [View article]