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Rock_nj

Rock_nj
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  • Jim Cramer Goes Cautious On The Market [View article]
    I have to give Jim Cramer credit where credit is due. Yes, he did say on the Today Show in the fall of 2008 for investors to get out of the stock market if they need their money over the next five years (bad call, it was buying time while the market was overreacting to the downside, or hold time for those that were in). But, in March of 2009, when the economy looked dire six months after the crash, with job losses in the 100Ks and contraction all around, Jim Cramer reversed his position on stocks on his Mad Money show. He did a calculation and figured that the Dow 30 stocks could not fall much further based on their barest valuation metrics. I took his cue and switch heavily to beaten down tech stock mutual funds, which then quadrupled over the next 5 years. Good bottom call Jim!

    Per the Author's sentiment, it is troubling that Jim Cramer is now not so bullish.
    Apr 4 03:35 PM | 7 Likes Like |Link to Comment
  • Jim Cramer Goes Cautious On The Market [View article]
    It's not unusual for stocks to sell-off right before a new earnings season starts. Not sure why, but traders like to square their positions in many stocks before the earnings deluge starts, then it depends on earnings. If they are good, we could be setting new record highs in no time.
    Apr 4 03:30 PM | 2 Likes Like |Link to Comment
  • When Will The Bubble Burst? [View article]
    Thanks for this article and explanation of the Fed's policy effects on the stock market. Very useful!
    Apr 2 11:08 PM | Likes Like |Link to Comment
  • Mid-Year Target For The S&P 500 Of 1950 [View article]
    A lot of people predicted the stock market would head higher, since earnings were growing and were expected to continue to grow, and it has headed higher because earnings projections came to fruition. It's all about earnings. The first whiff of earnings slowing down and the wind will come out of the stock market really fast. But that may be a few years off. Until then enjoy the bumpy ride higher.

    My black swan event for this summer is Israel going mad-evil on Iran. They've been holding off for year, it appears it's going to happen this summer. That is the one thing that could cause a major pothole in the stock market, so be prepared!
    Apr 1 11:14 PM | Likes Like |Link to Comment
  • Crisis? What Crisis? [View article]
    The one war event that could cause the stock markets in the U.S. to tumble this summer is an Israeli attack on Iran, especially if it results in a wider war. I know this has been talked about for years, but Israel is running out of time. They have said it's happening this summer or it's too late. More likely than not, it's going to happen, and a bigger war will ensue, and the stock markets around the world will take a dive.
    Mar 20 11:31 PM | Likes Like |Link to Comment
  • The 'Bad Weather' Excuse Is Not Valid - The Economy Is Tanking [View article]
    Not sure about all the economic figures, but I know a lot of consumers in my area (New Jersey) that have put off purchases due to the brutal cold weather, including myself. There are certain things you just can't do when its cold for months with snow on the ground. I am also seeing a big resurgence in my business with the spring on the horizon. People are calling up wanting to do projects that they put off last fall. I would bet on a nice growth spurt over the next few months, unless a geopolitical event derails it.
    Mar 7 04:10 PM | 2 Likes Like |Link to Comment
  • Another Day, Another Major Shale Discovery [View article]
    It's psychobabble because it makes absolutely no sense in the real world. I have many friends that are animal lovers, especially dog lovers, and I see absolutely no connection between one's political beliefs and their affection for animals, including dogs. I live in a conservative area, and the conservatives I know, some of them ardent political conservatives in every sense, absolutely love their dogs.

    Science, as displayed in the chart above from NOAA, clearly indicates that CO2 emissions have accelerated over the past 50 years. Something that the author of this article is clearly trying to deny. I'm not sure how you are making the logical conclusion that since I am pointing out the obvious error in his interpretation that I am a liberal? I am just pointing out the facts, as displayed in the NOAA data presented. Anyone who picks up a ruler and puts it up to the NOAA chart of CO2 emissions over the past 50 years can easily verify that the author's claim that "...the trend of the past 5 years is completely unchanged from the 50 years before that" is incorrect. I am just correcting the record, and you appear to agree with me that he is wrong, as you gave a reason why the CO2 trend has increased over the past two decades. So, we are in agreement that the author's interpretation of the NOAA 50 year CO2 data as presented in the chart in this article is incorrect.
    Mar 4 09:13 AM | 1 Like Like |Link to Comment
  • Another Day, Another Major Shale Discovery [View article]
    I am not arguing about why CO2 is increasing. I am pointing out a very obvious flaw in a statement made by this article's author. He said, "And the trend of the past 5 years is completely unchanged from the 50 years before that." The trend is NOT completely unchanged from the 50 years before that. That is obvious to anyone who can use a straight-edged ruler and put it up to the chart, or who looks up the data for the change in CO2 year to year over that 50 year period. I am just pointing out an erroneous statement made by this article's author. There is nothing controversial about correcting this error. Anyone can verify my correction.

    As far as CO2 emissions go. You haven't seen anything yet. Just wait until all that methane trapped in permafrost and frozen in ice is liberated as the world warms, CO2 emissions are going to increase so rapidly that even people who try to deny the clear data on a chart, as is done in this article, won't be able to deny reality anymore.

    I won't bother addressing your psycho-babble. You obviously have the world all figured out. Good for you!
    Mar 4 08:34 AM | 1 Like Like |Link to Comment
  • Another Day, Another Major Shale Discovery [View article]
    "And the trend of the past 5 years is completely unchanged from the 50 years before that." If you actually believe that, then I guess you can't read a chart. I don't even have to get out a straight-edged ruler to see that the increase in CO2 levels in the atmosphere has clearly accelerated over the past 50 years. The chart you posted clearly shows and increasing rate of CO2 increase, rather than a steady rate. Take a ruler and line it up with the 1960 to 1970 trend, then look to the right and see where the straight edge takes the continued trend at the rate of increase that was occurring during that time period. You will see that the trend has accelerated in the out years. Besides, the effects of all the dumping of CO2 in the atmosphere don't show up right away. There is a latency period of many decades and centuries. The current slight downtrend in global temperatures is due to the cold Pacific PDO setup, which was the same reason global temperatured declined from the mid 1940s to mid 1970s. Just wait until the PDO goes positive in about a decade.
    Mar 4 05:57 AM | 2 Likes Like |Link to Comment
  • Could The Fed Have Avoided 2008? [View article]
    This is why we need sensible bank regulations. People don't like interference in the private banking sector and I understand why, but when the big banks get leveraged over 30 to 1, it doesn't take a genius to figure at that they are in a precarious situation that could have major negative feedback throughout the economy. They were just teetering and waiting to collapse if the economy soured. Many would not exist today if it wasn't for the massive federal bailout that occurred since 2008. What was driving all this leverage? Do we not have a public interest in having a banking system that serves to lend and does not gamble and get leveraged to unsustainable levels?
    Mar 2 10:57 PM | Likes Like |Link to Comment
  • SolarCity Poised To Benefit From Tesla Gigafactory [View article]
    Are there other publicly traded solar leasing companies like SolarCity? If anyone can let me know what their names are, I would appreciate it. Thanks!
    Feb 28 03:31 PM | Likes Like |Link to Comment
  • SolarCity Poised To Benefit From Tesla Gigafactory [View article]
    I am a big supporter of solar energy and realize that overcoming storage issues is going to create a new boom in solar installations, but not even close to 99% of American households are suitable for solar installations on their roofs. Many are in areas with heavy trees that cannot use solar without major tree cutting, which is not likely.
    Feb 28 08:50 AM | 1 Like Like |Link to Comment
  • Beware Buyers: 12 Reasons Why The Current Sky High Natural Gas Price Isn't Here To Stay [View article]
    Holy Cow is right. Longs thought that the futures contracts would catch up to the cash contract that was trading high at the end of last week, but the opposite happened. The cash crashed as warmer weather appears on the horizon, and so did the futures contracts for nat gas.

    NYC is looking much warmer this weekend and early next week than predicted a few days ago. The polar vortex is limited this time around.
    Feb 25 03:39 PM | 1 Like Like |Link to Comment
  • Natural Gas Supplies Fall To Critical Level: How Bulls And Bears See The Market [View article]
    Nat gas is close to $4.50 in the April and May 2014 contracts right now. Nat gas trading is based on future weather. While there may be a rally this week as the cold air sets in and it bounces from the huge drop yesterday, more models are pointing to a warmup across much of North America in the later half of March. Nat gas traders will start to focus on the warmup and spring shoulder season ahead. 200+ Bcf withdrawals are done for this season. Now in the 100 to 200 BC range, and soon going to switch to injections as soon as the 3rd week of March.
    Feb 25 09:23 AM | Likes Like |Link to Comment
  • Beware Buyers: 12 Reasons Why The Current Sky High Natural Gas Price Isn't Here To Stay [View article]
    Because unlike 2008, the U.S. has a lot more production of nat gas going on and a lot of potential to increase nat gas production this spring/summer/fall to restock inventories.
    Feb 24 06:29 AM | Likes Like |Link to Comment
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516 Comments
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