With equity valuations at such compressed levels, all we need is an absence of bad news to push stock prices higher, notes market strategist David Kelly. Avoid the temptation to flee into cash during choppy markets like these, and keep focusing on long-term valuation. Remember, "Cash is paying you nothing... and valuations are very extreme here." (Video) [View news story]
We are NOT Japan. The PE values are NOT comparable and the level of debt neither. When Japan crashed the PE values were astronomic, like a dot.com bubble everywhere.
This is just a correction of silver. Fundamentally there is more and more needed by the industry actually. The solar industry will be happy about the drop as some others. One should probably buying silver again.
"This is a nuclear war on savings and wealth," writes Jefferies' David Zervos of the Cyprus bailout. "This is a policy move you expect from a dictatorial regime ... not in an EU member state. If the EU governments can clandestinely expropriate 7-10% of their (citizens' savings) after the close of business on Friday night, what else are they capable of doing ... Why keep your money at a Spanish or Italian bank when you can jump to Germany or France ... Why even keep money in the EU banking system at all." [View news story]
Money laundery Nation being punished. So what? Poor Russians.
If cutting Apple (AAPL) targets is an Olympic sport, Nomura wins the gold, slashing its price target to $530 from $660, with the analysts proving they read the paper by citing worries over iPhone sales and gross margins. [View news story]
Nomura has recently be world champion in cutting price targets of many many companies. Always late and based on gossip.
House Republicans - including House Majority Leader Eric Cantor - are reportedly overwhelmingly opposed to the fiscal cliff deal approved by the Senate. The House appears poised to amend the deal and send it back to the Senate, setting up a legislative high-wire act. [View news story]
Being right and being clever are two entirely different things. The Republican House is on cloud 7 and still doesn't understand what going down really means. They MIGHT be partially right but they are certainly as far away from clever as one can be.
Apple's (AAPL) FQ1 sales could get a bump from Wal-Mart (WMT), which has begun selling the 16GB iPhone 5 at a subsidized $127 at thousands of U.S. stores. The retail giant is also selling the 16GB 3rd-gen iPad for $399 (a $30 iTunes card is thrown in), and the 16GB iPhone 4S for $47. The size of the price cuts, good for the next 4 weeks, are eye-opening in light of Apple's history of limiting retailer discounts. They come as multiple analysts (I, II, III) strike a cautious tone on iPhone sales thanks to supply chain data. [View news story]
One side of the coin - the other is that Apple is a disruptive powerhouse that can run others into the ground. Think of the future of Apple as a multi media company and the devices just - as Amazon does - as porters of their content. But people always just think margin etc. and are so narrow minded.
The Real Reason Apple Keeps Going Down [View article]
Ashraf, I think you essentially got it. Good article. I am a bit more optimistic AAPL is still growing a bit faster than beta, but it is transitioning.
Bundesbank President Jens Weidmann has recently discussed with other senior officials at the bank the possibility of resigning, due to his opposition to Mario Draghi's plans for the ECB to resume the buying of eurozone government debt, Germany's Bildreports. However, unlike his predecessor Axel Weber, Weidmann has stayed so that he can fight the program from within. [View news story]
Lol - I am not an American. I am actually a German. And please come with more realistic examples.
Who knows whether Apple (AAPL) is over- or underpriced - different investors can come to different valuations - but after the week it's had (down 6% in three days, and 10% off its high), maybe you should look at paring that position (and considering how much Apple moves major indexes, you may own a lot more than you think). [View news story]
Exactly wrong advise imo - sell your winners? Buy more on the dip; look at the price targets. You don't think AAPL will go to 700 this year? AAPL has a high PE and PEG?
The Time Is Now To Take Profits On These 2012 Winners [View article]
I was just pointing out one fact and also I have a somewhat different view. When you sell your positions you have cash but you have to re-establish all again. A somewhat longer term view probably leads to larger profits. Every time you enter new you gamble because short-term is hard to predict - I just put ladder steps in and remove others. Every time the market tanks and recovers my positions get better. If I buy a bit expensive it doesn't matter.
It is obvious that there is nothing wrong with what you do and one can come to the conclusions you have if one is strictly a short-term trader. I just love it when I start all red and slowly my stocks go green.
The State Department's decision to delay - likely until after the 2012 election - TransCanada's (TRP) Keystone oil pipeline to study an alternative route sparks praise and condemnation: A victory for "people from all walks of life against dirty tar sands," vs. "more than 20,000 new American jobs have just been sacrificed in the name of political expediency." [View news story]
Non-nonsensical. Completely. Bakken needs that pipeline too. As long as we need oil we need to build the infrastructure and that in a safe manner. And we need the jobs really.
With equity valuations at such compressed levels, all we need is an absence of bad news to push stock prices higher, notes market strategist David Kelly. Avoid the temptation to flee into cash during choppy markets like these, and keep focusing on long-term valuation. Remember, "Cash is paying you nothing... and valuations are very extreme here." (Video) [View news story]
Silver - Prepare for the Flood [View article]
American Capital Agency: Time To Abandon Ship? [View article]
"This is a nuclear war on savings and wealth," writes Jefferies' David Zervos of the Cyprus bailout. "This is a policy move you expect from a dictatorial regime ... not in an EU member state. If the EU governments can clandestinely expropriate 7-10% of their (citizens' savings) after the close of business on Friday night, what else are they capable of doing ... Why keep your money at a Spanish or Italian bank when you can jump to Germany or France ... Why even keep money in the EU banking system at all." [View news story]
How Much Should You Pay For Apple? [View article]
If cutting Apple (AAPL) targets is an Olympic sport, Nomura wins the gold, slashing its price target to $530 from $660, with the analysts proving they read the paper by citing worries over iPhone sales and gross margins. [View news story]
House Republicans - including House Majority Leader Eric Cantor - are reportedly overwhelmingly opposed to the fiscal cliff deal approved by the Senate. The House appears poised to amend the deal and send it back to the Senate, setting up a legislative high-wire act. [View news story]
Apple's (AAPL) FQ1 sales could get a bump from Wal-Mart (WMT), which has begun selling the 16GB iPhone 5 at a subsidized $127 at thousands of U.S. stores. The retail giant is also selling the 16GB 3rd-gen iPad for $399 (a $30 iTunes card is thrown in), and the 16GB iPhone 4S for $47. The size of the price cuts, good for the next 4 weeks, are eye-opening in light of Apple's history of limiting retailer discounts. They come as multiple analysts (I, II, III) strike a cautious tone on iPhone sales thanks to supply chain data. [View news story]
The Stock Market Rebound Is Coming [View article]
The Stock Market Rebound Is Coming [View article]
The Real Reason Apple Keeps Going Down [View article]
Bundesbank President Jens Weidmann has recently discussed with other senior officials at the bank the possibility of resigning, due to his opposition to Mario Draghi's plans for the ECB to resume the buying of eurozone government debt, Germany's Bild reports. However, unlike his predecessor Axel Weber, Weidmann has stayed so that he can fight the program from within. [View news story]
Who knows whether Apple (AAPL) is over- or underpriced - different investors can come to different valuations - but after the week it's had (down 6% in three days, and 10% off its high), maybe you should look at paring that position (and considering how much Apple moves major indexes, you may own a lot more than you think). [View news story]
The Time Is Now To Take Profits On These 2012 Winners [View article]
It is obvious that there is nothing wrong with what you do and one can come to the conclusions you have if one is strictly a short-term trader. I just love it when I start all red and slowly my stocks go green.
The State Department's decision to delay - likely until after the 2012 election - TransCanada's (TRP) Keystone oil pipeline to study an alternative route sparks praise and condemnation: A victory for "people from all walks of life against dirty tar sands," vs. "more than 20,000 new American jobs have just been sacrificed in the name of political expediency." [View news story]