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OptionManiac

OptionManiac
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  • February Nonfarm Payrolls: +236K vs. consensus +160K, 119K previous (revised from +157K). Unemployment rate 7.7% vs. consensus 7.9%, 7.9% previous. [View news story]
    It is in a business's best interest to have other businesses employ people and pay them very highly. If they can avoid hiring, they will.
    Mar 8, 2013. 09:06 AM | 8 Likes Like |Link to Comment
  • Aug ADP Jobs Report: +201K vs. +149K consensus, 163K prior. [View news story]
    When facts go agaist your rigid ideology, then they just can't be facts.
    Sep 6, 2012. 10:24 AM | 8 Likes Like |Link to Comment
  • Rally Not Confirmed By Volume [View article]
    Lack of volume is no surprise - there is still a lot of fear out there. Too many problems need to be resolved, and they are all big problems with no quick fix. Charts are helpful and maybe insightful, but it is human psycology that will drive the market in one direction or the other.
    Oct 13, 2011. 07:51 AM | 8 Likes Like |Link to Comment
  • Understanding The Jobs Debate [View article]
    I've looked at hundreds of job applications. A lot of people seem to get bored at working in just one position for any length of time. There is a LOT of turnover out there. Warehouse work has a lot of turnover. Some guys quit, some had a pet peeve with the ownership, some are just incapable of holding a job. When I get lucky, I find a 50 year old who worked somewhere for 30 years and his place of emplyment closed down on him.
    And I agree with Jeff - I hire because I need someone. No regs or taxes keep me from hiring someone when I need them.
    Sep 8, 2011. 11:32 AM | 8 Likes Like |Link to Comment
  • Retirement's 4% Rule: Why Mr. & Mrs. Income Don't Need It (Part 2) [View article]
    And having observed my aging parents and my wife's, spending goes down the last decade of life. Both sets of parents ate less, traveled in their car less, bought fewer clothes, and never saw the sense in buying an appliance that would outlast them by double. In fact, I have no idea what my parents spend their money on.
    Aug 29, 2011. 01:42 PM | 8 Likes Like |Link to Comment
  • Dividend Boosts Keep Getting Bigger but Dividend Stocks Are Snoozing. Reason to Worry? [View article]
    A real conservative approach IS to buy manufacturing, railroads, utilities, etc. now, and over time, with dividend increases, the yields will be large compared to the initial investment. The type of companies above have real assets and businesses that rely on real physicality. Too many high dividend companies rely on the financial shuffling of money and the whims and fortunes of the companies they are "invested" in.
    The real irony is that this conservative approach works best for the youngest investors who have time to allow the yields on their original investments grow over time. Instead they chase the homeruns.
    Mar 23, 2011. 07:21 AM | 8 Likes Like |Link to Comment
  • The One Economic Chart That Really Matters [View article]
    Been in discussions on this topic on SA. One comment was the fact that we destroyed the manufacturing capability of the rest of the western world while we geared ours up. Only place to buy light bulbs from was the US. I thought it was a good comment. The 25 billion we spent putting Europe back together ended up being a nice investment.
    Jul 23, 2010. 01:43 PM | 8 Likes Like |Link to Comment
  • Sick of Sycophants [View article]
    So, I guess we should have just done nothing. Let the big boys go under, tens of thousands in the auto industry join the bread lines, people wait outside their closed banks because the FDIC ran out of funds. The author forgets that is just what happened the first four years of the Depression. Deficit spending took the unemployment rate from 25% to 15% - and it did stay there for many years. The double dip took place when deficit spending was withdrawed.
    Deficit spending is very distastful, but to do nothing MAY be worse. It is very hard not to do anything when calamity strikes.
    Only an experiment with side by side economies in which doing nothing in one and government intervention in another would give us any answer to what is right. Unfortunately, one's ideology leads one to believe what works and what doesn't.
    Jun 17, 2010. 08:35 AM | 8 Likes Like |Link to Comment
  • It's High Time for Cameron and the Conservatives to End the U.K. 'Nanny State' [View article]
    Keep in mind, the British conservatives are to the left of more than one Democrat in congress.
    May 14, 2010. 09:49 AM | 8 Likes Like |Link to Comment
  • Goldman Sachs: Turnabout Is More Than Fair Play [View article]
    Some of those "dumb as brick" customers may be 90 year old widows. Without protection, we are throwing a whole class of citizens to the wolves.
    Apr 19, 2010. 12:48 PM | 8 Likes Like |Link to Comment
  • Rally to End Soon, Says Morgan Stanley [View article]
    "We think the next 6 months will be characterized by some stimulus withdrawal (as a reaction to good growth in Asia and US), and softening leading indicators."

    Huh? Good growth but softening leading indicators?

    No doubt the market is ahead of itself. A correction? Sure, there is always a correction coming. Are we all going to go down the dumper? Heck, anyone who is sure we are is letting their own ideologies/politics/re... beliefs get in the way of investing. The world economy is ruled by Chaos Theory.

    Just watch your stops, keep your ear to the ground, and get out of the way in case the buffalo stampede.
    Mar 30, 2010. 08:43 AM | 8 Likes Like |Link to Comment
  • The Sound Of Silence [View article]
    There are a lot of us who do not have the time (and the acuity) to finagle our portfolio in one direction or another following the winds of the market. I have stayed almost fully invested since 1980 and learned not to lose any sleep over down markets. Sure, I could have made a lot more if I did have the time to spend a lot of time on investment decisions, but I'm happy where I'm at, having recently joined the 5%. Of course, with retirement a few years away (by choice) I have become a bit more conservative with my investments, but that has nothing to do with the market itself - I would be taking the same steps no matter where the market is or where it is going.
    I've seen too many people pull out at or near the lows. I just kept all in and patiently waited.
    May 23, 2014. 12:50 PM | 7 Likes Like |Link to Comment
  • AT&T: $31.33 Is Magical And It's Near [View article]
    This Ukraine situation may very well create a buying opportunity in a number of stocks.
    Mar 3, 2014. 12:49 PM | 7 Likes Like |Link to Comment
  • More on Q4 GDP: Defense spending falls 22% - the biggest drop in 40 years - leading real federal spending -15%. State/local spending -0.7%. Personal consumption expenditures +2.2% vs. 1.6% in Q3. Nonresidential fixed investment +8.4% vs. +1.8%. Stock futures dipped and then bounced on the soft print. as traders look at calendars and realize we're halfway to 2013 Q2. (full report[View news story]
    Decrease in government spending - isn't that what we want?
    Jan 30, 2013. 09:01 AM | 7 Likes Like |Link to Comment
  • Aug ADP Jobs Report: +201K vs. +149K consensus, 163K prior. [View news story]
    The lack of need for QE is infinitely better than its necessity.
    Sep 6, 2012. 09:35 AM | 7 Likes Like |Link to Comment
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