General Motors (GM +2.4%) shares look strong today on a flurry of bullish analyst coverage, but GM could be hurt by Beijing's decree that it will limit the number of new license plates next year to ease traffic congestion. Dian Chu says the move could spread to other large Chinese cities and cause "a huge blow to the auto industry." [View news story]
It certainly is.... never got the action they thought they would on that over priced IPO so let's get all the majors to pump it up....... "overweight", it's overweight all right, in debt & still building cars to "FAIL", wouldn't touch this lemon if they gave me a new cadillac....
Bah humbug! Goldman Sachs (GS -0.8%) shares lost 13% on April 16, the day the SEC charged it with "defrauding investors," and proceeded to underperform the market by almost 20% over the next two months. Eight months later? Goldman stock has regained almost everything. [View news story]
Is that a surprise lol............. Santa is going to be stuffing all "naked short sellers" stockings with coal this year along with the SEC for allowing this theft to continue...... ho ho ho !!!
Key Drivers of Moody’s Decision to Downgrade Ireland to Baa1 [View article]
As I said somewhere else, who in their right mind would listen to "Moody's" or any rating agency for that matter. This was nothing more than instigating more fear mongering on already old news....
If you look on a map tomorrow, Ireland will still be their, will be next week, next year...... ten years from now for that matter, same with all of Europe. As for rating the bad mood Moody's I already have....... ZZZZZZZZZ, for zip, zilch & zero.....
Stocks, Led by Tech, See Slim Gains, But Europe Worries Weigh [View article]
Who in their right mind would listen to Moody's, no wonder Buffet has been selling off & Einhorn shorting. First Spain the other day, then Ireland, now BMO..... gimme a break, somebody paid them off to start the fear mongering again about Europe..... I guess there just feeling "moody" lately...... my rating, zip, zero, zilch, who needs them....
Great articles yesterday & today, just wondering who paid Moody's yesterday to agitate the markets & start round 5 of old news nothing has changed fear mongering about Spain, Europe......
Their was a rumour within the last 2 months about AAPL joining the S & P 500, that if it happened AAPL would at least have to split there stock........ is their any merit to this that you would know of David?? Thx Johnny
Daily State of Markets: Can It Be That Easy? [View article]
Remember David, "commentators", TV?, "is it really that easy", it sure is and would be easier if sheeple would just lose the fear and get out of their own way? Bonds, no thx, never in fact, I'll never ever buy what a goverment is selling, there's always something better, always!
Learn to adapt as to what makes the markets go, be quick, get in, get out, I'm here to make money plain & simple, not marry any company! Their's the obvious long term you can load up on & some great day, week trades, pick your poison, my bell has been ringing for over 30 yrs thank you very much....... sorry David but analysts, economists, financial gurus, wizards, ponzi planners are the very people who led us into this mess......... and the big boys, the likes of Goldman Sachs etc, if they don't get their own way on what their buying and selling, they'll find a way to manipulate the markets...... Seen it a million times....... look at yesterday, G/S on Intel, bad news, pulls the markets down, one company?, gimme a break, a few weeks ago it was Cisco, markets down, last week, Dupont, markets down, even with all this kind of stuff going on I'm up, I loaded up at the beginning of the year on stock that no-one would touch or we're afraid to buy ........ I'm the guy who likes to save the paint on my car, from door whacking etc, I'll park farthest away with no-one around me, only to come out an hour later & find I'm surrounded, can barely get into my own car lol........ you see any resemblance to the Warren Buffet adage....... "be fearful when sheeple are greedy, greedy when sheeple are fearful", it's true in all walks of life......... I'm smiling, believe me, piece, peace & prosperity to all........
The tax-cut deal is likely to deliver small benefits in return for very large costs, Paul Krugman worries. "The question... is whether a year of modestly better performance is worth $850B in additional debt, plus a significantly raised probability that those tax cuts for the rich will become permanent." Krugman says no. [View news story]
This is TARP for the middle class this time, $850B over 10 yrs big deal, cut your military spending for a year and this is paid for....... It's about time middle class gets a break, period !!!
Just a little more food for thought Dave on your upgrades, OXY, good choice and author Toby Shute's article is on the money too...... OXY, my old employer, was too bad they let Canadian Oxy when it was get away, Nexen now, you can never go wrong with OXY, there always into something making money........ A couple more for ya...ABX & without a doubt IVN, chairman Robert Freidland never loses that man...... everything he touches turns to "GOLD" lol...... enjoy the snow and have a great day, Johnny !
Dashing thru the snow....... I hear Chicago got pummeled with the white stuff, sunny here in Vancouver, just thought I'd throw that in..... Spot on again Dave and I'm always bullish....... are you talking about them Chicago Bears?, me, a Dolphins fan, still have fond memories of that game back in 85, the yr Chicago won the superball........ Just joking around,....... bears, I hope they are grumbling....... do you think that if the tax extentions, stimulus, whatever, was changed to TARP for the middleclass, people would be more receptive?? Other than that, a good read again Dave, thx, Johnny....
General Motors (GM) will seek some relaxation of executive pay restrictions imposed by the U.S. government as a condition of providing $50B in bailout and bankruptcy financing. CEO Dan Akerson expects to meet with TARP paymaster Pat Geoghegan today to discuss the matter. [View news story]
Friday morning GM states they've learned their lesson from the past, an hour or two goes by and Voila!!, they want raises, hasn't even been a month yet since they came out with their over priced IPO, not that I would of touched this beast if it had opened at $26.00 bucks, but obviously they haven't learned.......... it was the greedy top talent that took this once great company into bankruptcy....... and by the looks of it, their heading in that direction again........ When GM gets back to building cars & trucks like in the 50's & 60's, instead of this build to fail exactly after warranty runs out, I'll consider them, until then, I'll ride my camel........
Daily State of Markets: Which Way Is Wind Blowing? [View article]
David, great articles on friday, you had me chuckling friday morning about the comments about "commentator's" my sentiments exactly and the trader's..... no kidding lol, I get up early in the morning to check out the asian markets, futures etc and the "pre-market" and come opening, those traders disappear faster than a lightning strike in a hurricane lol....... yup, I see all that too, stocks, they sure do want to go higher, seen it numerous times but something or someone just likes to bring them back down, stagnate them, too bad, cause it's a great market for everyone to prosper, as someone else noted a little while back I read...... some jealousy & envy by some who missed out on some great buying opportunities in the beginning of the year....... LVS being one of them........ ever since that stock hit over $55.00 bucks in "pre-market" a couple of weeks ago, the shorts now got a hold of it, too bad, it should be trading about $60.00 bucks right now if they would just leave it alone, let it go and grow ...... in the new year though, it'll be up there close to WYNN, macau is hot, very hot!!!
Again David, your right on the money, articles always well written, one of very few people that has the smarts to stand back and see the whole picture as it is......... not how people want to see it...... enjoy your weekend, look forward to reading next weeks journal ?!!
What’s Another $1 Trillion Among Friends? [View article]
Another $850 billion over ten yrs, big deal, Just cut, stop military spending for a year and a half, it'll make up for it in no time...... So you gotta fly around in a 2009, 20, 25 million dollar jet for an extra yr, whoop dee doo........ I mean after all Afghanistan is still using old Davey Crockett powder rifles......
Money Printing and 100% Confidence, Day 4 [View article]
I mean Democraps, these are the ones that don't want to give you your tax extentions....... As for presidents, every one of them has run a deficit, doesn't matter what party their in....... as long as their is high taxes, you'll always have a deficit, fact.......
General Motors (GM +2.4%) shares look strong today on a flurry of bullish analyst coverage, but GM could be hurt by Beijing's decree that it will limit the number of new license plates next year to ease traffic congestion. Dian Chu says the move could spread to other large Chinese cities and cause "a huge blow to the auto industry." [View news story]
"overweight", it's overweight all right, in debt & still building cars to "FAIL", wouldn't touch this lemon if they gave me a new cadillac....
Citigroup is looking poised for a breakout [View instapost]
Bah humbug! Goldman Sachs (GS -0.8%) shares lost 13% on April 16, the day the SEC charged it with "defrauding investors," and proceeded to underperform the market by almost 20% over the next two months. Eight months later? Goldman stock has regained almost everything. [View news story]
Key Drivers of Moody’s Decision to Downgrade Ireland to Baa1 [View article]
If you look on a map tomorrow, Ireland will still be their, will be next week, next year...... ten years from now for that matter, same with all of Europe. As for rating the bad mood Moody's I already have.......
ZZZZZZZZZ, for zip, zilch & zero.....
Stocks, Led by Tech, See Slim Gains, But Europe Worries Weigh [View article]
"moody" lately...... my rating, zip, zero, zilch, who needs them....
Marshall & Ilsley: A Good Bank That Made a Bad Move [View article]
make "lemonade" of course....... read Bob Adamson again!
A Fistful of Reasons [View instapost]
Their was a rumour within the last 2 months about AAPL joining the S & P 500, that if it happened AAPL would at least have to split there stock........ is their any merit to this that you would know of David??
Thx Johnny
Daily State of Markets: Can It Be That Easy? [View article]
Learn to adapt as to what makes the markets go, be quick, get in, get out, I'm here to make money plain & simple, not marry any company!
Their's the obvious long term you can load up on & some great day, week trades, pick your poison, my bell has been ringing for over 30 yrs thank you very much....... sorry David but analysts, economists, financial gurus, wizards, ponzi planners are the very people who led us into this mess......... and the big boys, the likes of Goldman Sachs etc, if they don't get their own way on what their buying and selling, they'll find a way to manipulate the markets......
Seen it a million times....... look at yesterday, G/S on Intel, bad news, pulls the markets down, one company?, gimme a break, a few weeks ago it was Cisco, markets down, last week, Dupont, markets down, even with all this kind of stuff going on I'm up, I loaded up at the beginning of the year on stock that no-one would touch or we're afraid to buy ........ I'm the guy who likes to save the paint on my car, from door whacking etc, I'll park farthest away with no-one around me, only to come out an hour later & find I'm surrounded, can barely get into my own car lol........ you see any resemblance to the Warren Buffet adage....... "be fearful when sheeple are greedy, greedy when sheeple are fearful", it's true in all walks of life......... I'm smiling, believe me, piece, peace & prosperity to all........
The tax-cut deal is likely to deliver small benefits in return for very large costs, Paul Krugman worries. "The question... is whether a year of modestly better performance is worth $850B in additional debt, plus a significantly raised probability that those tax cuts for the rich will become permanent." Krugman says no. [View news story]
It's about time middle class gets a break, period !!!
Have the Stars Aligned for Bulls? [View article]
OXY, my old employer, was too bad they let Canadian Oxy when it was get away, Nexen now, you can never go wrong with OXY, there always into something making money........
A couple more for ya...ABX & without a doubt IVN, chairman Robert Freidland never loses that man...... everything he touches turns to "GOLD" lol...... enjoy the snow and have a great day, Johnny !
Have the Stars Aligned for Bulls? [View article]
Spot on again Dave and I'm always bullish....... are you talking about them Chicago Bears?, me, a Dolphins fan, still have fond memories of that game back in 85, the yr Chicago won the superball........
Just joking around,....... bears, I hope they are grumbling....... do you think that if the tax extentions, stimulus, whatever, was changed to
TARP for the middleclass, people would be more receptive??
Other than that, a good read again Dave, thx, Johnny....
General Motors (GM) will seek some relaxation of executive pay restrictions imposed by the U.S. government as a condition of providing $50B in bailout and bankruptcy financing. CEO Dan Akerson expects to meet with TARP paymaster Pat Geoghegan today to discuss the matter. [View news story]
When GM gets back to building cars & trucks like in the 50's & 60's, instead of this build to fail exactly after warranty runs out, I'll consider them, until then, I'll ride my camel........
Daily State of Markets: Which Way Is Wind Blowing? [View article]
Again David, your right on the money, articles always well written, one of very few people that has the smarts to stand back and see the whole picture as it is......... not how people want to see it......
enjoy your weekend, look forward to reading next weeks journal ?!!
What’s Another $1 Trillion Among Friends? [View article]
So you gotta fly around in a 2009, 20, 25 million dollar jet for an extra yr, whoop dee doo........ I mean after all Afghanistan is still using old Davey Crockett powder rifles......
Money Printing and 100% Confidence, Day 4 [View article]