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  • Wall Street Breakfast: All Eyes On Fed Meeting [View article]
    Yep, Reagan was able to produce 1million jobs in 1 month. 700,000 were communication workers coming back to work from a strike.
    Jun 17, 2015. 01:39 PM | 1 Like Like |Link to Comment
  • Apple's iPad Problem And How To Solve It [View article]
    Collapsed from holiday quarter 2013 which was what Cook predicted "an iPad Christmas" & he was right, they blew the doors off.

    I fully expect holiday quarter 2015 will be another iPad Christmas. Smart marketing, imo. Develop great upgrades & promote ipads during "s" cycle years. I plan to purchase several this holiday season.
    Jun 15, 2015. 03:53 PM | Likes Like |Link to Comment
  • Wall Street Breakfast: European Shares Rise On Greek Hopes [View article]
    XOM bought out XTO in 2010 which was & still is one of the most prolific natural gas fracking corp in the Barnett Shale (Ft Worth Basin).

    Agree little damage, but some nonetheless. Not a slight nuisance if you live in the area of the quakes regardless of your political leaning.

    XOM may not be the guilty culprit but cannot deny the existence of quakes as those working at their corp headquarters in Irving have felt more than 20 quakes in the last year.
    Jun 11, 2015. 10:20 AM | 2 Likes Like |Link to Comment
  • Wall Street Breakfast: Next Bank Shakeup - Deutsche Bank Bosses Resign [View article]
    As a Texan I will inform that the texas Railroad Commision is not an enemy of big oil. If you are a small energy corp in Texas you may need to worry as they, based on last 20 years, have sided with big energy corps.

    There have been over 200 earthquakes in the last three years in North Texas. Prior to the last 3 years, none that I can find. Google "North Texas Earthquakes".

    Initially, earthquakes occurred in Azle, Texas but we're mostly ignored as the population is < 11k. However, when they ocurred in Irving, Texas, population of > 200k & home to Exxon (XOM) & Pioneer Natural Resources (PXD) things began to change. Both cities are considered conservative but when it happens in your backyard you are naturally concerned regardless of political affiliation.

    It appears that it is not "fracking" that causes the earthquakes but disposal of waste chemicals from fracking. Waste disposal is typically contracted out to smaller corps & I suppose they will take the brunt of the situation.

    I am pro energy & fracturing if done right. Problem is that I, as well as most folks that are directly impacted by the surge in earthquakes, want it done right & want the problem solved rather than it being a political football that pivots folks solely based on political alliance. This is an elementary problem that can be solved but political posturing is detrimental to solution which continues to divide folks based on political leanings. There is a solution to this problem but you must first recognize that there is a problem which is the current issue at hand.

    I will also add that the earthquakes have done little damage to existing structures but some damage has occurred which has been reported to be minor but if it is your house it is major.
    Jun 9, 2015. 12:13 AM | 2 Likes Like |Link to Comment
  • Wall Street Breakfast: Where's The Value These Days? [View article]
    2hard... What you depict are expenses that all corps depreciate or expense. Oil corps have "depletion expenses" that no other corps are able to deduct from the income statement. It is what it is regardless of your political bias.
    Jun 8, 2015. 11:36 PM | Likes Like |Link to Comment
  • Wall Street Breakfast: Netflix In Talks To Enter China - Reports [View article]
    Tas.... Surely I jest? That's the problem with your type, you cannot accept facts that are contrary to your old world beliefs. Open your mind to the real world.
    Jun 8, 2015. 11:25 PM | Likes Like |Link to Comment
  • Wall Street Breakfast: Next Bank Shakeup - Deutsche Bank Bosses Resign [View article]
    Mobile payment at retail terminal is OS agnostic (NFC). Apple simply designed what credit card corps thought was a system that is more secure from fraud via token encryption & finger print verification. CC corps were willing to allow .15% payment to Apple obviously assuming they would have less fraud & the system would be beneficial to them.

    Going forward I'm sure Android & any other mobile OS will have their own, more secure, payment method that will be accepted by the same credit card terminals. CC corps will be unwilling to share proceeds if they don't believe their bottom line will be enhanced.

    MCX is debit card based as merchants did not want to pay higher CC fees associated with credit. Not a consumer friendly designed system, imo.
    Jun 8, 2015. 12:56 PM | 1 Like Like |Link to Comment
  • Apple Needs To Showcase Gaming At WWDC 2015 [View article]
    Good read Alex. Appreciate you sharing your knowledge as I'm not a gamer & your article was useful for me.
    Jun 8, 2015. 09:36 AM | Likes Like |Link to Comment
  • Google misses out on Apple's transaction fees [View news story]
    They did NFC when it mattered. Lower COGS = better margins.
    Jun 7, 2015. 10:13 AM | 4 Likes Like |Link to Comment
  • Apple Watch Is Making Luxury Watchmakers Uncomfortable [View article]
    Billy... I think your son is right. Got my watch (Sport -$ 400 w/taxes) yesterday @4pm. By 9pm I was hooked. My primary reason for purchase was for fitness (walking only, a boomer) tracking.

    Grilled last night & went to Sprouts, used map feature (even though I knew how to get there) & worked perfectly via turn by turn, used Apple Pay (works better than pay on phone). Used watch timer to alert when time to flip meat, used watch to control Apple TV watching NFLX program (can start/stop, fast forward/rewind, go to menu functions) w/o using remote control (really convenient), used watch to control LED lighting (HUE app) inside & outside.

    The watch design (even though the cheapest one) is remarkable. Not a prior watch wearer but band is some type of rubber that feels like silk & fits perfectly (adjustable). You really don't realize your wearing a watch which was the reason I never wore watches before.

    Software integration with the phone & other 3rd party apps is seamless.

    Apple support knew I was getting watch (yesterday) & sent me an email prior to delivery indicating I could schedule a 1 on 1 discussion with a support specialist. I scheduled a meeting via a link in the email & the support specialist picture came up & was scheduled for 6pm (couple hours after I got watch). Started playing with watch & was so easy to do functions that I canceled 1 on 1 an hour before it was scheduled. Crazy great support built around getting you going on the device.

    Hats off to Apple. Stunningly wow'd me.
    Jun 2, 2015. 10:53 AM | 4 Likes Like |Link to Comment
  • Report: Apple preps Google Now rival, augmented reality for Maps [View news story]
    Interesting. Great post. Hope you are right (I think you are).
    May 27, 2015. 05:59 PM | 2 Likes Like |Link to Comment
  • May 23-- New Highs For S & P /DJ Industrial Avg., Transport Avg. Still Lags.  [View instapost]
    Fear, great analysis as always.

    I too keep a close eye, lately, on Transports & appreciate you discussing in your blog. My recent position is that transports appear to me to be a bit backward looking right now due to WTI uncertainty/confusion. With less crude being shipped via rail and the west coast shipping shutdown earlier this year there is uncertainity & therefore pricing pressure. This being my thinking, for a trade I grabbed some LUV this last week at the mid $37 price about 22% off of 52 week high. At this time, willing to hold through 2nd half of year as I believe all airlines are undervalued now. Also picked up, as a trade, VA. LUV & VA are currently my only Transport related positions.

    Count me wrong & you right on oil call. If you recall I have been negative on the sector since July of last year. I still have no position as sector earnings were a bit spooky for me. Although, my initial negativity was right, my reluctance to re-enter, as you suggested, was wrong. PXD is a terrific company & it's on my watchlist with CXO, COP, OXY & other smaller energy companies. I put XCO on watchlist after reading in Dallas Morning News Business section 2 Sunday's ago that Wilder is now investing and making all decisions for small natural gas explorer. He championed the former TXU (Texas Utilities) in early 2000's until selling out to KKR, Goldman, etc in 2007. He pocketed $300 million for his efforts. A former employee said he would never ever work for the guy again but he is now a shareholder. Speculative & I have no position at this time.

    I am very optimistic for the short term, and have been, so with no stocks hitting my price alerts (other than LUV/VA) I parked > 8% of my cash in VT (Vanguard World Stock Index) several weeks ago. Currently 4% cash.

    Agree with your healthcare call. Very long GILD (#3 holding). Health Insurance corps are really hot as well, Long AET, CI, UNH. However, getting a bit nervous on Supreme Court decision as it relates to subsidies for certain states coming in June. Surprised that they continue to hit all time highs. Might get bumpy this week. Not willing to see much price erosion before acting due to how well they have done.

    Good luck & appreciate your blog.
    May 24, 2015. 10:20 AM | Likes Like |Link to Comment
  • Wall Street Breakfast: Netflix In Talks To Enter China - Reports [View article]
    Elizabeth Warren was born in Oklahoma as was my wife. I'm not certain if Warren is or isn't part Native American but being born in Oklahoma she has much better odds of mixed ethnicity.

    My wife's grandfather was a blue eyed Cherokee with very dark skin, long jet black hair & unique blue colored eyes. He was married to a brown eyed Caucasian. They had 7 children all of which had blue eyes, high cheekbones and very Caucasian coloring & features (except high cheekbones). None looked as if they were 1/2 Native American nor did their children's children. They did all have blue eyes as did my sons & I have brown eyes which is typically dominate over blue.

    Google "blue eyed Cherokees".
    May 15, 2015. 01:27 PM | 1 Like Like |Link to Comment
  • Why Apple 'Gets Away With It' In China [View article]
    Timely article Dana. I have recently had the same notion. Thanks for sharing your article.
    May 13, 2015. 11:27 AM | 7 Likes Like |Link to Comment
  • Whole Foods Market -10% after FQ2 comp disappoints [View news story]
    I like Hain at $55 if it gets there. I'm with you on grocery stores although I do wish I had invested in Kroger 2 years ago. Love Sprouts but my dislike of the volitilty makes me sell lower than the price I bought. I just go with suppliers as healthy stuff is absolutely huge with millennials (and others).
    May 6, 2015. 06:22 PM | Likes Like |Link to Comment