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Tommy_Finger

Tommy_Finger
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  • Stocks more than halve early losses 90 minutes into the session, SPY -0.4% an QQQ -0.3%. The financial sector (XLF -0.6%) is lit up red - not surprising given Europe's shuddering banking system. Google and Apple - each down more than 1% - lead tech lower. [View news story]
    Perhaps you will be proven right.

    My point is to be long since mid November and not be long or be short when the market stops going up.

    COMMANDER: That Earth outpost called to an Earth vessel. Now it follows us.
    ROMULAN: Which neither retreats nor grows nearer. It turns as we turn.

    So, turn as the markets (or Romulans) turn.

    I always thought the person who starts quoting Star Trek on this site is ready to be certified a nut job. Turns out it's me. Oh well. At least I'm not circling Uranus looking for Klingons.
    Mar 27 12:46 PM | Likes Like |Link to Comment
  • Stocks more than halve early losses 90 minutes into the session, SPY -0.4% an QQQ -0.3%. The financial sector (XLF -0.6%) is lit up red - not surprising given Europe's shuddering banking system. Google and Apple - each down more than 1% - lead tech lower. [View news story]
    Well, BB did publicly state the money printing would continue.

    I guess it's best to worry less about the inner machinations and/or manipulations of the market and focus on not being on the wrong side of the trade, whether it be at the market level or the individual stock level.
    Mar 27 11:49 AM | Likes Like |Link to Comment
  • Stocks more than halve early losses 90 minutes into the session, SPY -0.4% an QQQ -0.3%. The financial sector (XLF -0.6%) is lit up red - not surprising given Europe's shuddering banking system. Google and Apple - each down more than 1% - lead tech lower. [View news story]
    The pivotal mid-1550's held. May still be a down day but I think we should at least bounce to 1560. Eventually, higher though.
    Mar 27 11:13 AM | Likes Like |Link to Comment
  • Argus raises its rating on General Mills (GIS) to a Buy rating from Hold. Related: (Has the rally in consumer staples stocks run its course?[View news story]
    Six months and ten bucks late.
    Mar 27 09:57 AM | 4 Likes Like |Link to Comment
  • Shares of Johnson & Johnson (JNJ +1.5%) are trading at a fresh all-time high today, ratcheting up an ongoing a streak of higher highs since the beginning of the year after UBS ups its price target on the shares from $81.00 to $87.00. If the stock closes out the week above $79.74, this could be it's longest winning streak in at least 20 years. [View news story]
    It's a stock that's probably best not to trade. Despite whatever problems they might encounter, like lawsuits or recalls, the company has the size to prevail. All it takes is time and the risk of missing an up move while trading in and out is probably not worth it.

    Rising annual dividend payments means time is on your side with this one.
    Mar 26 03:57 PM | Likes Like |Link to Comment
  • Shares of Johnson & Johnson (JNJ +1.5%) are trading at a fresh all-time high today, ratcheting up an ongoing a streak of higher highs since the beginning of the year after UBS ups its price target on the shares from $81.00 to $87.00. If the stock closes out the week above $79.74, this could be it's longest winning streak in at least 20 years. [View news story]
    Impossible to hit the tops and bottoms exactly. Impossible. Don't beat yourself up over it.
    Mar 26 03:51 PM | 1 Like Like |Link to Comment
  • Why Is Everyone So Shocked With Cyprus? [View article]
    Anyone know good mattress company stocks?

    With the banks paying next to nothing, I mind as well get a good night's sleep on a couple of mattresses which are not, I repeat, not (wink, wink) storing my savings.
    Mar 26 03:15 PM | Likes Like |Link to Comment
  • Canadian insurer Manulife (MFC -1.4%) gave its CEO Donald Guloien a 21% raise in 2012. Guloien made $10.17M last year including stock, options, and cash bonuses. The company says the pay hike is well deserved as Guloien has guided it through a rebuilding process. Guloien may be set to make even more in the future as his pay is still "slightly below the median of [the company's] peer group."  [View news story]
    It's a good thing the stock doubled last year. Yeah, right.
    Mar 25 03:28 PM | Likes Like |Link to Comment
  • Rumors of an imminent downgrade of Italy are getting no comment from Moody's, but what's really spooking markets is word the Cyprus bailout - going after uninsured depositor money - is now the EU template. Reuters' Peter Larsen notes what one week ago was a special or "one-off" case has now become the "template." Stoxx 50 is now at a session low, -1.5%, led by Italy and Spain each off near 3%. The DJIA -0.5%[View news story]
    My opinion is that even if it's become a template, it doesn't mean it will happen to the other EU banks. The size of the Cypriot economy could be the thing that makes it different.

    Also, not seeing the high-volume reaction in the S&P that one would expect if contagion was expected by the big traders.

    All in my very most humblest opinion.
    Mar 25 11:51 AM | Likes Like |Link to Comment
  • A plan by McDonald's (MCD) to launch McWraps has its genesis in internal polling which shows 22% of consumers aged 18 to 32 would eat at Subway if the wrap sandwiches weren't available at the restaurant chain. Execs at Mickey D's aren't shy about the major goal of the McWraps initiative, calling the new product a "Subway buster" in a memo circulating around. [View news story]
    I actually like the McWrap except for the fact that it makes me giggle every time I say it quickly when ordering.
    Mar 25 09:37 AM | 1 Like Like |Link to Comment
  • BlackBerry (BBRY) +5.8% on a two-notch upgrade to Overweight from Morgan Stanley's Ehud Gelblum. Gelblum, who had cut shares to Underweight in June when they were trading at $9.86, sees BB10 lifting ASPs and margins even as services attach rates slump He also sees a future for BB10 in the mid-range and raises the possibility of a partnership with Samsung or LG, but considers it unlikely the OS will become the world's #3 smartphone platform. FQ4 results are due in 8 days. [View news story]
    Does this mean the analyst had rated it "Neutral" or "Overweight" from it's long decline to $9.86 before going to "Underweight"?

    Still bad timing of calls, in my opinion.
    Mar 22 03:03 PM | 1 Like Like |Link to Comment
  • BlackBerry (BBRY) +5.8% on a two-notch upgrade to Overweight from Morgan Stanley's Ehud Gelblum. Gelblum, who had cut shares to Underweight in June when they were trading at $9.86, sees BB10 lifting ASPs and margins even as services attach rates slump He also sees a future for BB10 in the mid-range and raises the possibility of a partnership with Samsung or LG, but considers it unlikely the OS will become the world's #3 smartphone platform. FQ4 results are due in 8 days. [View news story]
    Sell low, buy high. Right. Got it.
    Mar 20 09:31 AM | 2 Likes Like |Link to Comment
  • Soaring margin debt (and plunging cash balances) trigger a sell signal at BAML, which says the last time this big a move happend was April 2010 - just ahead of a 2-month, 16% decline in SPY. Alongside this is short-term sentiment which has risen to levels consistent with selloffs in the past. [View news story]
    As a practicing non-Christian, I know it's 40 and 40 but my point is that you can't always predict the future -exactly- because of what happened in the past.
    Mar 13 08:35 AM | Likes Like |Link to Comment
  • Soaring margin debt (and plunging cash balances) trigger a sell signal at BAML, which says the last time this big a move happend was April 2010 - just ahead of a 2-month, 16% decline in SPY. Alongside this is short-term sentiment which has risen to levels consistent with selloffs in the past. [View news story]
    "But the last time it rained for seven days in a row, the eighth day was sunny..." -- Noah
    Mar 12 03:28 PM | 1 Like Like |Link to Comment
  • Disney's (DIS) Oz The Great and Powerful scored a $80.28M opening weekend box office (estimated), marking the best weekend debut of any film in 2013. The prequel to Wizard of Oz also played strong to global audiences with a $69.9M weekend take from 46 markets. The bigger issue: The strong weekend is good for the industry as a whole with some concern bubbling up that it was demand factors instead of an array of dull titles behind the slow start to the year. [View news story]
    I read on the internet where by the way, everything is true, that the "Wizard of Oz" was about the gold standard and the Federal Reserve. I think I'll pass on this one.
    Mar 11 08:15 AM | Likes Like |Link to Comment
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