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Rich W

Rich W
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  • The First-Quarter Earnings Rally And The Stock Market's Coming New Highs [View article]
    The S&P can't keep playing over/under 1850 like this. 1900 is possible, but as you say, so is 1700 or lower.

    Rich W
    Apr 17 02:41 PM | Likes Like |Link to Comment
  • The First-Quarter Earnings Rally And The Stock Market's Coming New Highs [View article]
    Don't bet the ranch on new highs. Holiday shortened weeks usually see rallies, so this is no major surprise. I think the SPY could easily test the mid 170's again.
    Oil is getting dangerously high again, gas prices could be a big problem this summer.

    Rich W
    Apr 17 02:18 PM | Likes Like |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    Prediction # 1) Both Google and IBM will not be up after hours. At least one will be down; more likely that both will be down than both up, but probably one will be down and the other up.

    Prediction #2) This correction is not over, a bounce for the holiday shortened week was to be expected. The SPY will break 180, after the 184-189-184-189-184-189 trading range was broken.

    Rich W
    Apr 16 08:02 AM | 3 Likes Like |Link to Comment
  • Markets Rally After Federal Reserve Hints That It Will Keep Interest Rates Low [View article]
    Yeah, well, that was YESTERDAY. The SPY cant keep trading 184-189-184-189-184-189. The big down day on the jobs report may have been the key.
    I think we go lower.

    Rich W
    Apr 10 11:03 AM | Likes Like |Link to Comment
  • Tesla Shakes Off More Worries [View article]
    Google, Amazon, Netflix, and Facebook are all below their 50 day averages.
    This bloated rag touched it, and jumped up $30 in 3 days.
    I predicted that Amazon, Netflix, Facebook, and Tesla have all peaked.
    I'm standing by my call.
    Now shake off a short trade here.

    Rich W
    Apr 3 07:23 AM | 2 Likes Like |Link to Comment
  • Should You Sell 3 Stocks That Spiked, Boosted By Massive Short Interest? [View article]
    Tesla, Netflix, Amazon, and Facebook have all peaked. The large cap biotechs appear to have topped as well after a mind boggling run. The market caps and P/Es are very high now.
    I am staying with my call that this will be a year to sell (or short) the rallies.
    The next 20 percent is more likely to be down than up.

    Rich W
    Mar 31 02:47 PM | Likes Like |Link to Comment
  • Does Tesla Have An Inventory Problem? [View article]
    The new Volkswagen diesel gets 795 miles on one tank of gas if anyone is interested. If this, and other new technologies are developed to increase gas mileage for regular gasoline cars, then get the cream cheese, because Tesla will be toast. It won't be an inventory problem, it will be a demand problem.
    This company may not exist in a few years. It is entirely plausible.

    Rich W
    Mar 31 02:17 PM | 1 Like Like |Link to Comment
  • The $127 Billion Market Asteroid [View article]
    Forgot to mention the biotechs, they look like they are toast also.
    Staying with my prediction that this will be a year to sell (or short) the rallies.

    Rich W
    Mar 26 11:20 AM | 1 Like Like |Link to Comment
  • The $127 Billion Market Asteroid [View article]
    Mark Zuckerberg may be the world's dumbest rich person.
    PS: Netflix, Tesla, and Facebook have all peaked.

    Rich W
    Mar 26 11:17 AM | 2 Likes Like |Link to Comment
  • The $127 Billion Market Asteroid [View article]
    Mark Zuckerberg may be the world's dumbest rich person.
    PS: Netflix, Tesla, and Facebook have all peaked.

    Rich W
    Mar 26 11:17 AM | 1 Like Like |Link to Comment
  • Are The Markets Heading Back To The 1990s And Hammer Time? [View article]
    The fact that today's market is similar to the run of the S&P from 1995 to 2000 is in my opinion all the more reason to be less bullish at this stage. Before the start of the year, I predicted that this would be a year to sell (or short) rallies, and I am not changing my view. Not only was January a down month, but in the last correction, the S&P broke its December low, which is also known to be a bearish indicator. The bulls want more, more, more. Will they get it? From what I am seeing, the market is struggling here, and the next 20 percent is more likely to be down than up.
    As far as Liz Ann Sonders, I remember watching her on the Louis Rukeyser show. One of her favorite stocks was EMC, which she recommended at $200, $180, $160, $120, $100, $80, $60......

    Rich W
    Mar 25 07:53 PM | 2 Likes Like |Link to Comment
  • Congrats Microsoft Shareholders... You Nailed It [View article]
    I wouldn't buy it now at $40, and a $330 Billion market cap.
    I'll probably buy put options when they report earnings.

    Rich W
    Mar 20 12:33 PM | 1 Like Like |Link to Comment
  • Weighing The Week Ahead: Yellen Takes The Stage [View article]
    With the name "Crimea," they should have voted to join Wall Street.

    Rich W
    Mar 16 05:56 PM | 2 Likes Like |Link to Comment
  • 3 Reasons Bears Never Prosper [View article]
    This bull is running almost five years now. There are recurring periods when the stock market goes into a tailspin that could last for years, and that is when bears make serious money. The title of this article is comical. Never prosper? NEVER?
    Rich W
    Feb 15 10:58 AM | Likes Like |Link to Comment
  • Watch For A Taper Time Out [View article]
    The stimulus reduction has begun and there is no way it's going to be reversed now, especially with the stock market back at all time highs. The Fed would lose credibility and look like idiots.
    I don't even know if a bear market/recession would bring it back, unless a severe crisis were to develop again. The economy and financial markets must be allowed to function freely, without government intervention. It is time to pull the plug on QE already.
    It has only served to create another asset bubble, bail out Wall Street, and help the wealthy get more wealthy beyond what they ever could have imagined.
    Rich W
    Feb 15 10:42 AM | 2 Likes Like |Link to Comment
COMMENTS STATS
1,137 Comments
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