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Pcatlow

Pcatlow
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  • Drop in Shipping Indicates Slowing Global Economy [View article]
    These numbers seem suspiciously high at the May high.
    Jun 30 07:11 PM | Likes Like |Link to Comment
  • The Fearful Rise of Markets: Problems and Solutions for Today [View article]
    Two comments: first, money managers make money even IF they beat benchmarks and the benchmark loses 45% and they ONLY lose 40%. When I finally realized that sham/scam, I pulled all of my money away from outside management and studied options.

    Second: the "too big to fail" is off-point: it is the SUBSTANCE of what Banks are allowed to do under currents regulations that matters. I am all for Banks using their PROFITS, and not depositor cash, to invest in off-balance-sheet derivatives and other riskier investments - - and all of those trades are based upon cash backed by cash...not more borrowing against assets at multiples that can possibly allow ANY institution to fail and required tax monies to bail them out. It seems too obvious, does it not?
    May 29 12:42 PM | 2 Likes Like |Link to Comment
  • Correction or New Bear Market? 3 Easy Ways to Know (and Forecast) [View article]
    Archman...this was a good fundamental analysis on your part to back up the technical analysis that Cliff offers here. Coupled with the Euro issue, debt problems world-wide, AND the fact that clearly retail investors are worn out by all of this - - then I think what we have is a market that screams for running hard stops on any holdings one has. I trade options and had some very touch decisions to make in the past month. On top of that, the Emini Futures (ES - - S&P) have been more difficult that usual to day-trade, even with a scalping methodology. I prefer swings there.

    If you are any sort of investor, buying puts on your longs, if and when the vix tumbles and premiums come back in to normal premium levels, is a MUST tactic. I will not own stocks without buying puts - - period. I will hold my losses to no more than 10% below my buy-in. When possible, I sell calls against those stocks that appreciate by 8% to 10% with strike prices roughly 2 to 4% above my current trading range. I necessarily have to say here that even with all of those protections, one can be killed by days such as what we saw on May 6th - - yet to be explained and lobbied enough to ensure that HFT will exist forever.

    The Government is not going to change anything as we are seeing that Business as Usual is the way things have been and will continue to be when it comes to financial regulatory efforts.

    Be wary........
    May 28 08:55 AM | 4 Likes Like |Link to Comment
  • How Apple Leapfrogged Microsoft [View article]
    Time2work...give this author a break. I think that in the context of Apples low price back in the early 2000's, there were many traders, including myself, that never thought that Apple would grow in value AND price as quickly as it has. This was a brilliant rebound from those doldrum days. The IPOD is an incredible device. The lack of innovation at MS is truly amazing. It has released me-too products and its OS nightmares (think Vista - - what a debacle of poor planning and execution - - with Dell denying OEM support as a result) is really THE point of the article. To me this is more about MS and the doldrums of that company. I am an early veteran of the PC revolution and was part of those days when MS was a beginner in the market and we OEM's back then always thought that MS would ultimately be beat at its own game. How quickly things change. By comparison, Apple looks like a bright grandson to MS''s "Oh, Grandpa!" stodginess. For those MS shareholders, their relative stock performance is a great example of parking money with little return by comparison to Apple. I see the point of this article.
    May 27 07:48 AM | 5 Likes Like |Link to Comment
  • False Profits: Dean Baker's View of the Financial Crisis [View article]
    Let's just keep it simple: you can have ZERO interest rates but if the buyer is not scrutinized by the lender for an ability to pay the Principle, Property taxes, PMI, and other debt, along with their normal everyday expenses (such as eating) AND the fact that most borrowers already had multiple car payments, then you will have a melt-down especially when Fannie and Freddie were willing to relieve the banks' burdens by buying non-conforming loans.

    Exacerbating this situation were the AAA rated tranches of these Non-Conforming loans which were then sold for huge profits...we can then see clearly that there was no way we could survive this.

    Finally, the whole exercise of trying to get a handle on this huge problem is paled by contrast to the continued lack of MARK-TO-MARKET accounting where those very same banks are yet to write-down Billions in value. RIGHT NOW, TODAY, this charade continues and no one is talking about it directly and clearly.

    Certainly Congress is not paying any verbal attention to this. They continue to smoke cigars, drink the best booze on earth and act as if we are in recovery. Alcoholics often hide booze bottles in the act of such recoveries, but in the end they are doomed to liver disease.

    Folks, wake up and look at the facts: the entire market is in a disconnect and be sure to have trailing stops in NOW!
    Apr 12 08:01 AM | 1 Like Like |Link to Comment
  • Healthcare's Imminent Double Dip [View article]
    HAS ANYONE out there found out what it will cost us individually by marital status, income, etc. I have searched and searched and am wondering what we will be paying. The bill will survive. I am already accumulating cash by buying into health care stocks (selling naked puts)....and will accumulate shares as this is a sell-out to big health care (sell out, meaning: they benefit from a larger account base).....the effects on small employers is indeed quite scary.
    Mar 28 09:40 AM | 14 Likes Like |Link to Comment
  • Volatility: Positioning for a Spike [View article]
    Interesting idea. Thanks for the write-up.
    Mar 16 06:29 AM | Likes Like |Link to Comment
  • Why Should China Change? [View article]
    Even though we are in a weakened state, clearly to everyone, our Masters of the Universe will act as if we are still the deciders of all fates. Think of Monty Python, "Oh, it's just a flesh wound.." when that arm is hacked off..and this is what we are. When Bush was in the WH, it appeared to me that he was like a Deer in Headlights....a moron. Obama and his ilk have no choice but to ACT as if nothing is wrong because that would imply weakness. We CANNOT think in Western terms... but rather, act like those in the early Teutonic Wars - - - never give in and act like your are losers, because everyone will agree with you.
    Mar 16 06:26 AM | 1 Like Like |Link to Comment
  • Weekly ETF Rewind: Jobs Report Pushes Overbought Conditions to Extremes [View article]
    Funny! TCK...
    Mar 8 08:30 AM | 1 Like Like |Link to Comment
  • Keep Your Eye on the Money Flow [View article]
    One note: to say that pulling this monetary flow will affect bank lending is contrary to reality: Monetary policy has not shifted dollars into lending but rather, the Banks (also known as Investment Banks) have continued to speculate with this cash. Who knows what would happen should the Fed unwind, but it seems pretty clear to most of us that there HAS not been any lending with this liquidity, so what are we to be fearful of?
    Feb 16 08:43 AM | Likes Like |Link to Comment
  • Fidelity‚Äôs Free ETF Trading Is Actually Bad for Investors [View article]
    Joe, I am with you on this.
    Feb 7 08:32 AM | Likes Like |Link to Comment
  • Does the End of the Bulls*** Rally Signal a New Bear Market? [View article]
    Very good. I like the profanity, finally, from someone out there willing to call it as it is. Every night we hear "why this happened" from the guys there who would be trading more and talking less if they really knew their stuff....it makes for programming but I would never hang my hat on those comments. Use Price action to drive your trades.
    Feb 5 09:21 AM | 1 Like Like |Link to Comment
  • Korea Indicators 'Hit Peak Growth': An Economic Bellwether [View article]
    I am short the SPY with a Bear Call Credit Spread...exp Feb, 113/117. We will see.
    Feb 3 08:26 AM | Likes Like |Link to Comment
  • 3 Reasons the S&P Has Peaked for the Year [View article]
    SSALarry said it best. And contrarian traders often win.
    Jan 29 08:45 AM | 2 Likes Like |Link to Comment
  • From Bulls to Bears but Neither Fundamentals Nor Technicals Have Changed [View article]
    Jasper...the narrowness of this article is quite astonishing. And, there is little if any top-line growth out there. I read another article out there today that with the exception of AAPL, there is little out there to be excited about. All of my current technicals are pointing at another down-leg...
    Jan 27 07:42 AM | 1 Like Like |Link to Comment
COMMENTS STATS
43 Comments
216 Likes