gordon

Dividend Stock Investing: Two Sectors with the Most Stable Yields

I have SVU(4% yield), GMR(19%), VZ(6.4%), and the closed-end CHY (9%)
Supervalu just raised div a penny to 70cents/yr.
General Maritime has confirmed $2/yr div. due to longterm charters(77% vessels)
Verizon div is safe for 2009, and in 2010. as long as wireless segment payment continues. Payout ratio looks safe.
Calamos is now at about a 5% premium but pays 8.5cents/month.
Yes, the 35% leverage has to be watched/considered. Riskiest of group.
good luck.

Is Gartman Right About Shorting the Dow and Gold?

Gartman is another Fast Money CON-ARTIST. I look forward to the day he is in jail for pumping his book on public airwaves.

Housing Market Rebound by 2010? Not Likely

A recent survey revealed 37% of homeowners expect to put their home back on the market "when the market improves". Add this shadow inventory to the stealth inventory of bank-owned,(sitting on empty non-performing mortgages during the "stress tests") it's easily another million units, maybe 1.5 mil, doubling existing inventory.

More Good News: Record High Credit Card Defaults

While over-leveraged Americans should be in bankruptcy, S&P lowered Mexico's credit rating. Why hav'nt they lowered the US DEBT RATING? NO WAY, are we AAA, the world knows it. Let's start at the top.

The Government Continues to Mess with Monetary Policy

Cetin- you keep posting propaganda, I call you a MOLE. You're off topic, as usual. Inflation is a tax, and it may be 6 months or more away, but it will crush American workers, as withholding tax is falling off a cliff, deficits will be astronomical. There is no "grow ourselves out of this". How? Through DEBT?? All the pundits think there won't be a generational change in lowered consumption. You are all wrong. More states will declare BK. Watch.

The Government Continues to Mess with Monetary Policy

Obama is Bush with many Goldman Sachs' Brains. All the TARP money was funneled to the trading desks, principally Goldman & JP Morgan, where Obama told (Geithner, under Paulson's direction) them to buy bank stocks, thus the parabolic rally. They succeeded in re-inflating "asset prices", assailed as the answer to Main Street's problems, TRICKLE-DOWN from higher commodity speculation. Oil went from $35 to $60, copper from $1.50 to $2.10. You think all that TARP money didn't go to speculation? See zerohedge.com, where they show Goldman controlled 60-90% of ALL NYSE TRADES in the last 3 months, with a whopping 85% success rate. Sure, dumbass mutual fund managers jumped on board with the little cash coming into them, after the S&P was already above 850. Then dumbass retail, not wanting to miss the train. Foreign money has FLOWED OUT. 40% more workers have RAIDED their 401Ks/IRAs to pay bills. There is no new money to speak of fueling this rally, Goldman Sachs, using taxpayer's money has fueled this entire fraudulent rally, yes, the Plunge Team does exist. AIG's payment to Goldman @ PAR , $12Billion, went right to their trading desk on March 10, by coincidence? Get real, free markets are dead in the US. We have passed the point of no return, a few program trading desks control, all an elitist game to suck you in and spit you out.

The Government Has Played Its Hand Nicely

Here's the Birth/Death, notice they added almost TWICE the 114,000
phantom jobs they added in April 2008, and it includes 38K construction jobs! Look at the big jump'npump from March, wow, must be BLS started a green shoots garden!
www.bls.gov/web/cesbd.htm

Do you know how they arrive at these fraudulent numbers? According
to Phil Grande (philsgang.com) radio, they comb the 7 or 8 Federal Reserve Bank districts, whatever number it is, and look at NEW CORPORATE FILINGS. Many, of course, are bogus tax dodges, S-Corps, mom & pops, but they decide how many employees each of these POTENTIALLY will hire. Bingo!

Putting the REIT Maturity Crunch into Perspective

I ask again, with massive BKs in small biz, malls going 1/2 empty, drive around, see for yourself, are they going to pay the dividends out of this yield that you claim, or from RENTS? I say every REIT dividend is at risk for a 30-50% haircut. Commercial r.e. is only starting to implode, financing or not, retail, office, all are overbuilt and bankruptcies are soaring. No I'm not short. I got laid off from grocery, after almost a year, I know the grocery biz like the back of my hand. They are losing money. Adjacent stores are closing. I drove into Dan Diego where I had my office 9 yrs ago, EVERY strip mall is a ghost town, 30-50% vacant.

The Government Has Played Its Hand Nicely

Michael Pento said on Crudlow/CN-BS 2 nights ago the S&P earnings are coming in @ $24.00, that equates to a p-/e of 36! THIRTY SIX. (2.2% yield) right or wrong? The Nasdaq is about 59! All past recessions had p/e 6-10 (and 6%+ yield)

The Government Has Played Its Hand Nicely

Obama is a facilitator, a sham. He bought into Goldman Sachs incest in his political circle. Give trillions to the Banksters who got him elected and it will TRICKLE DOWN? Reward the fraud, punish the savers? Americans need higher wages and saving. How many fools can be persuaded to inflate their debt and spend to their grave again?
If he wasn't bought- off he would make all banks taking any taxpayer money pay a MINIMUM say, 3% on a 6-month or 1-yr FDIC CD.

Putting the REIT Maturity Crunch into Perspective

Does this mean REIT dividends will be cut? I saw SSS cut by 30%, "starting" in July.

Friday's Unemployment Numbers Mark an Inflection Point for Economy

According to author F. William Engdahl:

"Five US banks, according to data in the just-released Federal Office of Comptroller of the Currency's Quarterly Report on Bank Trading and Derivatives Activity, hold 96 per cent of all US Bank derivatives positions in terms of nominal values, and an eye-popping 81 per cent of the total net credit risk exposure in event of default.

“The top three are, in declining order of importance: JPMorgan Chase, which holds a staggering $88 trillion in derivatives; Bank of America with $38 trillion, and Citibank with $32 trillion. Number four in the derivatives sweepstakes is Goldman Sachs, with a mere $30 trillion in derivatives; number five, the merged Wells Fargo-Wachovia Bank, drops dramatically in size to $5 trillion. Number six, Britain's HSBC Bank USA, has $3.7 trillion." (Geithner's Dirty Little Secret, F. William Engdahl, Asia Times)

The derivatives meltdown could have been avoided if Glass Steagall had not been repealed. Instead, the biggest banks have become the most reckless speculators creating trillions of dollars in poison assets which will eventually be dumped the taxpayer. Even worse, the banks have used their political influence to transform the FDIC (the agency which guarantees bank deposits) into the primary funding-mechanism for the purchase of toxic assets through the Treasury's Public Private Investment Program (PPIP) Bernanke helped Geithner launch the PPIP and was part of the Greenspan-led deregulatory movement which created the very problems he's now trying to resolve. Neither Bernanke nor Geithner have made any effort to restore the regulatory regime that preceded the crisis.

Friday's Unemployment Numbers Mark an Inflection Point for Economy

To: highway... here is the entire rally conjob explained, how Goldman got paid from AIG, and funneled the money to their programed trading desk to pump the market for Obama's 100th day, Goldman Sachs aka PLUNGE PROTECTION, contolling 60-90% OF ALL NYSE TRADES in the last 3 months, with a 85% success rate, also the "OPERATING P/E conjob is here , the GAAP S&P p/e is 58 now ( FIFTY EIGHT) read this, folks. www.financialsense.com...

Friday's Unemployment Numbers Mark an Inflection Point for Economy

Notice the corrupt (criminal, in my mind, requiring an investigation) BLS went from adding 114,000 B/D jobs in March to ALMOST DOUBLE 226,000 phantom jobs "birthed" last month. Whey the big leap? I'll tell you why. Because someone told them to stop the increased pace of lost jobs each month, the number was surely more than 750,000, and they knew it, someone told them to pump the Birth/Death number to offset it, and this April number will be revised later, TWICE, that's what an Obama official told them."You can revise it down later... break the string... it's my 100 days..."
bls.gov/web/cesbd.htm

Friday's Unemployment Numbers Mark an Inflection Point for Economy

The surprising increase in employment shown in the household survey was concentrated among older women. The number of employed women between the ages of 45 to 54 increased by 106,000, or 0.7 percent. The number of employed women over the age of 55 increased by 99,000, or 0.8 percent. This is a striking rate of employment growth in a steep downturn, if it holds up in subsequent months.
My take: Over 55 women? Anyone here believe that? This is bogus.
What? They took cashiers jobs at Walmart in desperation?
Even Dean Baker is skeptical www.truthout.org/050909Z


On May 10 01:22 PM gordon wrote:

> Yea, you're a PUNDIT, allright, you are in with the CNBC Crudlow
> Goldilocks Cheerleaders! More specifically, CON-ARTISTS. The BLS
> is now revising previous months TWICE, Feb & March were revised
> down another 66,000 jobs. Census added 60,000 TEMP jobs, and they
> aren't even all hired at once. The BLS corrupt BIRTH/DEATH model
> created 226,000 PHANTOM "newly created" jobs: link>
> www.bls.gov/web/cesbd.htm
> wow! Even 38,000 CONSTRUCTION jobs created out of thin air. It's
>
> more than the 176,000 they added in April 2008! And you're boasting
> about the household survey? Where they telephone the same 60,000
> people(not businesses) (actually they only call half that many!)?You're
> a con-artist, this blog is full of cheerleaders who need to separate
> out the FACTS.