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Nolesince87

Nolesince87
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  • Even The Bulls Are Becoming Wary: Can We Trust The Market Any Longer? [View article]
    The author has written a great article that has forced me to really think about things in a new light--well this and some other pieces of information like the recent Bloomberg report of Paulsen being down another $300 million in gold investments.

    I won't go into it in detail, but as a former permabear, I am CONVINCED that this market is nowhere near done going up (altho it may be due for a little breather heading into May and then the summer). Surprisingly, it is for the very reasons the author has pointed out! I will elaborate later.
    Apr 13, 2013. 03:52 AM | Likes Like |Link to Comment
  • Even The Bulls Are Becoming Wary: Can We Trust The Market Any Longer? [View article]
    It doesn't have to rise FOREVER... it just has to rise long enough to break the necks of every bear. Remember that the next time you short.... when I started having nightmares of the market shooting up against me in the face of bad news, I stopped shorting and starting going long... haven't looked back since, but I also don't hold anything overnight because I know this is a ticking time bomb.
    Apr 13, 2013. 02:39 AM | Likes Like |Link to Comment
  • March Retail Sales: -0.4% vs. +0.1% expected, +1% prior (revised). Ex-auto -0.4% vs +0.1% expected. [View news story]
    I don't know why the GOP hates Obama so much... Republicans are supposed to be more well-to-do than lazy, mooching Democrats and their portfolios should be bursting at the seems.

    Obama has helped Wall Street more than any other President in history. Poor people think Obama is on their side when the record shows he has helped the rich become richer than ever.

    Are we really still the greatest nation on Earth when we have produced back-to-back incompetents as our Leaders for 8 years a piece?
    Apr 12, 2013. 11:18 PM | Likes Like |Link to Comment
  • Initial Jobless Claims: -42K to 346K vs. 388K consensus, 385K prior (revised). Continuing claims -12K to 3.08M. [View news story]
    This is what $5 Trillion PLUS $85 billion a month buys?
    Apr 11, 2013. 12:23 PM | Likes Like |Link to Comment
  • More from the minutes on the March FOMC meeting: Several members say if labor market conditions improve as anticipated, it would probably be appropriate to slow purchases later in the year and to stop them by the end of the year. The consensus projection is that inflation will be subdued through 2015. [View news story]
    No clear indication that the economy is strong? Strong compared to what, Zimbabwe?
    Apr 10, 2013. 11:03 PM | Likes Like |Link to Comment
  • CBS (CBS) says it had exploratory talks with cable operators about taking local stations signals off the air and moving them to cable. The dramatic threat is part of a measured response by major broadcasters to the disruption Aereo poses with its streaming model and potential partnership with Dish Network (DISH). Also exploring the nuclear option: Fox, Univision[View news story]
    Idiots. Their content will be stolen, streamed, and advertiser revenue will plummet. The cable companies are NOT their friends, they are the enemy because they enable unlimited amounts of bootlegging and illegal activities for about $50/month.

    Nobody needs 40Mbps downloads for web-browsing, email, or even streaming video.
    Apr 10, 2013. 02:32 PM | Likes Like |Link to Comment
  • More from the minutes on the March FOMC meeting: Several members say if labor market conditions improve as anticipated, it would probably be appropriate to slow purchases later in the year and to stop them by the end of the year. The consensus projection is that inflation will be subdued through 2015. [View news story]
    I don't understand. If they are signaling an end date very soon, as opposed to the prior belief that there was NO END until UE gets down to 5%--why is the market rallying?
    Apr 10, 2013. 02:29 PM | Likes Like |Link to Comment
  • Homebuilding stocks have been on a tear now for over a year now, with leaders like KB Home (KBH), PulteGroup (PHM), Lennar (LEN), and Toll Brothers (TOL) all racking up solid gains. With such a big move already underway in the sector, today's $200M IPO announcement by William Lyon Homes (WLH), along with the $602M Taylor Morrison (TMHC) IPO due out later this week, may be viewed by some contrarians as a sign of a top in the market. [View news story]
    That would be a sign of a TOP in the market... now, all you have to do is show me a market?

    What we have now is a phony simulation of a market, and one that could go exponentially higher since it is being bought 4 days a week, every week, by private institutions using fake but FREE FED money!
    Apr 9, 2013. 11:05 PM | Likes Like |Link to Comment
  • Even The Bulls Are Becoming Wary: Can We Trust The Market Any Longer? [View article]
    Unfortunately, everything the author has mentioned could be applied to 6 months ago, 1 year ago, or even 2 or 3 years ago.... and had you shorted then, you'd be broke now. This "stock" market shows no sign of relenting... low-volume melt-ups each and every day, all selling forces are completely overwhelmed and the worst of headline news is absorbed in a matter of hours not days or weeks.

    Buying puts is too risky unless you are connected to the secretive cartel that controls the ticker prices and can tell you in advance where they have decided the top will be.... if you're bearish, a partial allocation of funds to a reverse ETF may be your only position until the market crashes, which would give you the green light to short stocks.
    Apr 9, 2013. 02:28 PM | 2 Likes Like |Link to Comment
  • Mar. ISM Non-Manufacturing Index: 54.4 vs. 56.0 expected and 56.0 prior (>50 denotes expansion). [View news story]
    That's a pretty nice miss. Economy is still horrid even after trillions pumped into it. Lucky for the market Bennie is buying between $2-$4 billion each day.
    Apr 3, 2013. 12:18 PM | Likes Like |Link to Comment
  • Mar. ISM Manufacturing Index: 51.3 vs. 54.0 consensus and 54.2 prior. [View news story]
    When does Ben march out and announce he fill address this weakness through a new round of QE?
    Apr 1, 2013. 11:14 AM | 2 Likes Like |Link to Comment
  • Are The Markets Rigged? [View article]
    I have two screens I simultaneously monitor. One is a pure news feed from multiple sources and another is live quotes and charts. I've spent many a consecutive hour, day, and week behind my computer and seen direct evidence of market rigging.

    There are far too many details for me to include here, it would take up at least a couple chapters of a book, but it is VERY clear that there is an "invisible hand" at work. It has a singular mind and operates with a singular purpose: to create the maximum number of traders on the wrong side of a trade on a micro-second basis. Much like Vegas which determines "the line", except this is FAR MORE powerful because it is allowed to move the line while the game is being played. This is exactly the reason that there is a statistically far better chance of beating a casino than there is in beating the market as a daytrader.

    IMO, the only way to pull off such a thing would be to have access to a virtually unlimited supply of money. There is only one entity in the world I know of with that kind of access: the cartel of world central banks--namely, because they can create money out of thin air.... it is just an electronic "debit" that they replace later with a an electronic "credit"--but not until they have pushed the price against as many traders as possible, and emptied their brokerage accounts in the process. The central banks just so happen to own the clearing house that settles all stock "trades"--and, of course, nobody in the world has the right to look at their books.
    Apr 1, 2013. 04:18 AM | 1 Like Like |Link to Comment
  • Warren Buffett (BRK.B) becomes a long-term investor in Goldman Sachs, agreeing to amend his warrant agreement to accept shares for any difference between the $115 exercise price and the value of the stock on Oct. 1, 2013. Buffett: "We intend to hold a significant investment in Goldman Sachs." GS +1.4% premarket. (PR)
      [View news story]
    GS looks like it is going to pullback here quite a bit... perfectly timed comment, no?
    Mar 26, 2013. 11:20 AM | Likes Like |Link to Comment
  • Finance minister Michael Sarris orders all Cypriot banks to remain closed until Thursday, AP reports. Reuters originally indicated only Bank of Cyprus and Cyprus Popular would not reopen Tuesday morning. [View news story]
    I'm in the USA. Already pulling my money out of banks and looking to put it all into hard assets for the new barter economy that will soon be coming to a country near you.... Western World has many times more debt than it has money, don't be the last one out.
    Mar 25, 2013. 08:29 PM | Likes Like |Link to Comment
  • Weighing The Week Ahead: Can The Cyprus Fallout Be Contained? [View article]
    My question for the author is, is there any event that could ever cause the US stock market to go down, ever again? Should we expect this remarkable rally to persist forever, minus of course, the occasional 5% correction here and there?

    I ask because in the face of banking crises, disastrous economic and employment numbers over the past four years--unemployment has dropped a mere 2.5% points after trillions pumped in (you could've just paid out $45K per unemployed for 4 years and spent less) , US loss of AAA credit rating, fiscal cliffs and sequestrations, the market continues up relentlessly.
    Mar 25, 2013. 04:50 PM | Likes Like |Link to Comment
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258 Comments
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