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JAMES CARLINI

JAMES CARLINI
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  • Wall Street Breakfast: PMI Data Weighs On Global Markets [View article]
    Solid stock - VLO (Valero)

    Owned mostly by institutions (over 81%). Something to balance out your portfolio as an Oil/Energy stock (with a dividend).
    May 21, 2015. 08:14 AM | 9 Likes Like |Link to Comment
  • Wall Street Breakfast: PMI Data Weighs On Global Markets [View article]
    WSB said -.....Investors are still looking forward to Fed chief Janet Yellen's speech tomorrow, .........WHY?

    Is she going to say "we've turned the corner"? (How many times have we heard that or some other cheerleader euphemism?)

    We seem to be in some very slow economy that has yet to pick up true momentum.
    May 21, 2015. 07:47 AM | 9 Likes Like |Link to Comment
  • Wall Street Breakfast: ECB Pledges To Boost Bond Buying [View article]
    TO All

    This is a good place to check your stock and see how much of it is owned by Institutional Investors - you might be surprised:

    http://bit.ly/1Gm6WOq

    Some are owned in the 40%-50/55% range. I was surprised when I looked up Valero (VLO) and saw it was owned 81.68% by Institutional Investors and not individuals.

    You might want to check your portfolio. They also have a risk measurement tool as well.
    May 19, 2015. 09:05 AM | 6 Likes Like |Link to Comment
  • Wall Street Breakfast: ECB Pledges To Boost Bond Buying [View article]
    Deercreekvois -
    I mentioned about the marinas being a good barometer of middle class financial health and right now, that barometer reading is pretty low. I do not know of anyone talking about going out and buying a new 30' to 40' boat. I do know of people hanging onto their boats because they are paid for and there isn't a huge market out there for them to sell into.

    I think (IMHO) that the cost of the boat is high and that many do not feel very secure in their jobs to take on that type of extra debt. Same goes for second houses (vacation houses).

    Most people are not too confident in long-term stability of their jobs (and salaries). It is a good observation because "Big purchases" are still very slow in coming.

    I know of many people wanting to sell big ticket items (like boats and houses) but for the most part, the market is still soft.

    May 19, 2015. 08:24 AM | 8 Likes Like |Link to Comment
  • Wall Street Breakfast: ECB Pledges To Boost Bond Buying [View article]
    Taking advantage of borrowing in the Eurozone - maybe they should offer mortgages over here if the rate is cheaper. Maybe that would spur some activity?

    I still say it's not so much about the interest rate in mortgages here in the US as it is the confidence level of having a good job with good pay to cover mortgage payments in the long-term.
    May 19, 2015. 08:08 AM | 6 Likes Like |Link to Comment
  • Wall Street Breakfast: ECB Pledges To Boost Bond Buying [View article]
    Hey Brett -

    As usual, your assessment is WRONG. I would say the vast majority of us denounce ALL misconduct and demand justice. You don't get it. It's not about "party loyalty". It's about cleaning up the whole Washington DC atmosphere of "bureaucratic privilege".

    Republican, Democrat, Banker, Stockbroker - send them ALL to jail if they have damaged the integrity of ANY institution they belong to.

    Now where is YOUR outrage about ALL the scandals of Hillary? Or, are you inferring you are a hypocrite by not mentioning one of the several blatant lapses of judgement and misconduct she has had?
    May 19, 2015. 08:05 AM | 33 Likes Like |Link to Comment
  • Wall Street Breakfast: Shell May Have To Sell BG's Kazakh 'Cash-Cow' [View article]
    Talk about "shifting" in "status symbols and must-haves".

    When many of you got married, the big gifts were China and Crystal.

    Everyone needed a full set of China, Crystal, and even a set of silver if you were from "affluence". Today, go to the Estate sales.

    China (even full sets) are cheap, crystal is cheap - why? Not many people are having 8-12-16 people over for formal dinners anymore. Second-hand shops will not even take your China to sell because they are already sitting on 10 full sets and no one is buying them.

    Shifts in the market can be seen with outlet stores for Mikasa, Royal Doulton, Waterford, and others disappearing. It isn't a priority anymore and spending $40-$60-$100 a place setting is maybe something for the "1 percenters" to still have as a "tradition".

    Plus, with many Millennials coming back to roost at home until they're in their 30s, what do they need a set of China or silver for? Mom and Dad have those in their China Hutch.

    All of this "coming back to the nest" is really changing demands for a LOT of products from high-end items like houses and cars, mid-range items like furniture, TV sets and Stereos to everyday "house items" like dishes, towels, small appliances, and everything else you give at a Shower.
    May 18, 2015. 09:37 AM | 3 Likes Like |Link to Comment
  • Wall Street Breakfast: Shell May Have To Sell BG's Kazakh 'Cash-Cow' [View article]
    Seeking betaguy -
    I agree with you and also see MANY people filling up certain parking lots - but not others when it comes to high-end restaurants.

    My only conclusion is that maybe they all have "two-for-one discounts" or some other promotion and they are gravitating to those restaurants who will give a "2-for-1 deal", or maybe some super-low drink price to get them in (like Chili's had $2 Margheritas on slow nights).

    Going out and spending $120+ every night for dinner is not in the vast majority's budget. Once you pay that, you realize how much groceries you could have bought (even if prices on groceries have gotten higher).

    Another "meal" that has skyrocketed in certain areas is breakfast. It is common to pay $22-$23 for two entries and coffees for breakfast and a $5 tip around here. $28 for breakfast? That's pricy.

    A big chunk of that is the coffee price. Some places charge $2.49 for a cup of coffee (With refills) but others have held the price down to $1.25. Makes a big difference in the bill. (We don't have Waffle Houses around us)

    It amazes me to still see people going to Starbuck's for a $4-$5 coffee. Maybe it's the only status symbol that they still can afford as they drive off in their rusted out 17-year old car or their bicycle because they cannot afford a car anymore.
    May 18, 2015. 09:19 AM | 7 Likes Like |Link to Comment
  • Wall Street Breakfast: Shell May Have To Sell BG's Kazakh 'Cash-Cow' [View article]
    TONY POW
    When I was flying to Singapore and Hong Kong over 20 years ago - watches were a big thing (they still are). At the time, you could REALLY get some nice fakes in ANY luxury names - AND they were good even back then.

    They say you could tell a fake Rolex by the sweep hand (seconds). Fakes would tick digitally and real ones had a smooth analog sweep. They got a manufacturer to make an analog version and it was VERY hard to tell real from fake.

    Cartier, Breitling, Patek Philippe, Tag Heuer, were all available at that time as well as the classic Movado (black face with the gold dot on top 12 position) many with really good Seiko movements.

    At that time, expensive pens were also a hot product. They had a lot of knock-offs for those as well. (Why buy a $400-$500 pen, when you could get one for $7?)

    Will they come out with a fake iWatch? My bet would be yes, if it really catches on. The real demand is still for the Luxury names - Rolex, Omega, Cartier, etc.
    May 18, 2015. 09:04 AM | 3 Likes Like |Link to Comment
  • Wall Street Breakfast: Shell May Have To Sell BG's Kazakh 'Cash-Cow' [View article]
    Anyone here buying an Apple Watch? They say initial sales have been good - but who is buying one?

    What are the demographics for the watch? Young people, old people?

    If you have a Smartphone, the watch is not going to buy you much as far as capabilities. This is a product that some "analysts" have downplayed and others (who are "Apple fans") say is the "next big thing".

    Anyone buy one? AND, if you did, why? Just curious.
    May 18, 2015. 08:35 AM | 3 Likes Like |Link to Comment
  • Wall Street Breakfast: Shell May Have To Sell BG's Kazakh 'Cash-Cow' [View article]
    My outlook for the rest of the year is just another six months of stagnation. I don't see any indicators of "real growth" and I don't see a middle-class surge of buying high-end items.

    I see a lot of "estates" and mini-mansions in the Chicago suburban market not going anywhere and more people going to Estate Sales. (People have cash for Fire Sales and that's about it.)

    As to the big 1,000 slip Marina off Racine, WI, I don't see that filling up. To me, that is the best barometer of where the Middle Class is because a boat was a solid status symbol of the middle class.

    That Marina was always 100% occupied and if you got a parking space in the Owners Area on a Friday night, you wouldn't want to leave it for fear you could never get one again on the weekend when everyone was coming up to their boat.

    Now, half the parking lot is empty. You can read the "realities of the lot" a lot better than reading some stock charts and analysts' summaries - we are still in a slow economy.

    How many people are rushing out to buy a twin-engine 30' boat at a cost of $140,000+? Not too many.

    May 18, 2015. 08:11 AM | 11 Likes Like |Link to Comment
  • Wall Street Breakfast: Shell May Have To Sell BG's Kazakh 'Cash-Cow' [View article]
    China has a booming business in the "luxury fakes" industry. From purses and watches to high-end pens as well as odd things like spools of CAT 5 cable.

    It's a multi-billion dollar business and everyone here is always looking for a "deal" from Rolex fakes to Breitling, Patek Phillipe, and Cartier copies.

    That's why I would never buy a real Rolex because everyone would be asking if it is a fake one and not a real one. The problem is that the fakes are that good, down to a very good detail.

    PLUS - sometimes they are NOT fakes, but a third shift production run. There have been instances where the actual place of manufacture for some of the BIG Name designers do an "extra" run that they (the Designers) don't know about and then they have another run of whatever- 5000 purses or shoes (or whatever) that they sell into the black market. They are not fakes, they are just the "third shift of production" that is an "extra" for the factory.

    Heard a great presentation about this several years ago.
    May 18, 2015. 07:55 AM | 4 Likes Like |Link to Comment
  • Wall Street Breakfast: Netflix In Talks To Enter China - Reports [View article]
    As usual Bob 123 sheds light on half the problem AND half the solution. I agree with some of what he said.

    The BIG problem is that companies replaced a LOT of people who HAD skills AND DEGREES AND CERTIFICATIONS.

    People in the IT industry and the Engineering industries have been replaced by skilled workers who will work for less. These people are NOT geniuses or "the next Steve Jobs or Bill Gates". They have mediocre IT skills - but will take a lesser salary and not whine about benefits.

    Subtract about 1,000,000+ skilled jobs from the available workforce for these people. OR - add 1,000,000 jobs if you let them go back home and open up these jobs to US citizens. That's why the economy is slow to pick up.

    Good people with skills are sitting on the sidelines - and they should not be applying for minimum wage jobs.
    May 15, 2015. 12:16 PM | 4 Likes Like |Link to Comment
  • Wall Street Breakfast: Netflix In Talks To Enter China - Reports [View article]
    gggl
    I read through that link you posted. Hopefully, they find the right owners. Buying it from the Nazis (who just confiscated the pictures) isn't a legal transaction and should be returned or put into a public place.

    For lying at the beginning investigation after WW II, saying they were "all destroyed", should make the whole collection considered "stolen".

    This is a huge injustice that has yet to be righted by those wanting to look the other way.

    IMHO
    May 15, 2015. 10:42 AM | 2 Likes Like |Link to Comment
  • Wall Street Breakfast: Netflix In Talks To Enter China - Reports [View article]
    Simply put - you cannot police 21st century stock technology with 20th century rules and tools.

    I don't care how astute an investor you are - you cannot compete with HFT servers. You can make a great decision and if an algorithm goes wild on an HFT, you can be chopped up in a couple of milleseconds. PLUS, other HFTs will come in - read the "wrong move" and all execute a VORTEX DUMP on the stock.

    No one at the SEC wants to talk about it because no one at the SEC has the depth of technology skills to debate it. Lawyers are NOT technologists.
    May 15, 2015. 09:32 AM | 6 Likes Like |Link to Comment
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