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Dr. V

Dr. V
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  • Fox, CBS, NBC call the presidential race for incumbent Barack Obama after multiple networks call Ohio for the president. Updated: S&P e-Mini futures look priced in: -0.47%; The dollar -0.47% against euro, -0.41% against Swiss franc. Updated 11:38 p.m: AP calls the race for Obama. S&P futures -0.58%; the dollar -0.41% against euro; -0.2% against pound; -0.39% against Swiss franc. [View news story]
    Well done, WMARKW. At least 1 person is paying attention.
    Nov 7 05:58 AM | 1 Like Like |Link to Comment
  • Fox, CBS, NBC call the presidential race for incumbent Barack Obama after multiple networks call Ohio for the president. Updated: S&P e-Mini futures look priced in: -0.47%; The dollar -0.47% against euro, -0.41% against Swiss franc. Updated 11:38 p.m: AP calls the race for Obama. S&P futures -0.58%; the dollar -0.41% against euro; -0.2% against pound; -0.39% against Swiss franc. [View news story]
    Pelosi can now pack for the Betty Ford Clinic so she isn't mistaken for Kathryn Hepburn any more in Charlie Rose interviews.

    First budget cut, Ms. Pelosi's bar tab aboard USG aircraft.
    Nov 7 05:57 AM | 1 Like Like |Link to Comment
  • Fox, CBS, NBC call the presidential race for incumbent Barack Obama after multiple networks call Ohio for the president. Updated: S&P e-Mini futures look priced in: -0.47%; The dollar -0.47% against euro, -0.41% against Swiss franc. Updated 11:38 p.m: AP calls the race for Obama. S&P futures -0.58%; the dollar -0.41% against euro; -0.2% against pound; -0.39% against Swiss franc. [View news story]
    Mr. Paul was prevented from running for President for obvious reasons by the GOP during "private" party proceedings to avoid scandal. Too many skeletons for any closet.

    Mr. Paul is quite aware as to why, and that's the reason he kept quiet after the fact, you haven't heard a peep from him, have you?
    Nov 7 05:55 AM | 1 Like Like |Link to Comment
  • Fox, CBS, NBC call the presidential race for incumbent Barack Obama after multiple networks call Ohio for the president. Updated: S&P e-Mini futures look priced in: -0.47%; The dollar -0.47% against euro, -0.41% against Swiss franc. Updated 11:38 p.m: AP calls the race for Obama. S&P futures -0.58%; the dollar -0.41% against euro; -0.2% against pound; -0.39% against Swiss franc. [View news story]
    Iraq destroyed themselves.

    Don't let the wave of "religious ideology" that swept over your island paradise, influence or cloud your judgement.

    Iraq wasn't about oil, if it was, gasoline would be $0.25 a gallon.
    Nov 7 05:54 AM | Likes Like |Link to Comment
  • Seeking Alpha's Election Overview [View article]


    FACT:
    As long as the US controls 100 % of it's money supply, it is IMPOSSIBLE for it to go bankrupt, and runs NO RISK of default, full stop.

    ECON 101, (pick a university), Day 1.

    I am in no way advocating the "wildly out of control" spending which Mr. Obama & Co. seem to embrace, and I do agree with you, the debt levels are most certainly, "out of whack".

    FACT:
    As long as goods, services, or obligations are priced in USD, the supply of dollars to our government to buy those goods and services is UNLIMITED.

    * This is obviously not the case for Greece, (as they don’t issue their own currency), therefore, as a "user of currency" as a member state of the European Union, Greece can indeed involuntarily default on its obligations.

    I am merely stating a fact any Economist obviously should know, (regardless of their own ideology, including my own) and therefore, must also recognize as fact.
    Nov 7 03:45 AM | 4 Likes Like |Link to Comment
  • Apple After The Riot, Shortage, Strike, Etc.: Still A Buy? [View article]
    Exactly, which was my point. Forstall was seen as a "liability" for them, so out the door he went.
    Oct 31 03:38 AM | 1 Like Like |Link to Comment
  • Apple After The Riot, Shortage, Strike, Etc.: Still A Buy? [View article]
    Cook "s-canned" Scott Forstall last night, so keep telling us there are no problems. I have the new US / China Trade Policy on my desk, MASSIVE trouble on the way. All of us Policy people are going to say, "we told you so."
    Oct 30 04:32 AM | Likes Like |Link to Comment
  • The Canadian government late last night blocked Malaysia's Petronas' $5.2B bid for Progress Energy Resources (PRQNF.PK), raising doubts over the fate of Cnooc's (CEO) acquisition of Nexen (NXY). Most had originally expected smooth sailing for the Petronas bid, but after the Cnooc move (and now Exxon/Celtic), perhaps the government has to at least say "no" to one. [View news story]
    Handing China the keys to the backdoor proved problematic for Germany as well. When Canada approves CNOOC-Nexen, that's like inviting a prostitute to the party. Canada should watch was is happening in Germany.
    Oct 25 04:39 AM | Likes Like |Link to Comment
  • The Canadian government late last night blocked Malaysia's Petronas' $5.2B bid for Progress Energy Resources (PRQNF.PK), raising doubts over the fate of Cnooc's (CEO) acquisition of Nexen (NXY). Most had originally expected smooth sailing for the Petronas bid, but after the Cnooc move (and now Exxon/Celtic), perhaps the government has to at least say "no" to one. [View news story]
    Canada has sold out, old news.

    Guess you haven't been to Texas either.

    In 2010, CNOOC paid $2 Billion for stake in Chesapeake's Texas oil fields. Last year, it spent $2 Billion to purchase Canadian oil sands operator OPTI Canada.

    For more reading: http://cnnmon.ie/UqXj9R
    Oct 22 06:17 AM | 1 Like Like |Link to Comment
  • Germany's economy probably expanded in Q3, helped by growth in industrial production and strong exports, especially to outside the EU, the finance ministry says in its monthly report. The economic growth came despite the weak global background and analysts forecasting contraction, although the ministry does warn of a softening in Q4. [View news story]
    A recent easing of financial market tensions from the eurozone debt crisis helped improve the outlook among financial analysts in the closely watched ZEW survey released Tuesday.

    The survey index rose more than expected to minus 11.5 points from minus 18.2 in September. Analysts had expected a reading of minus 14.9 points.

    The ZEW, or the Center for European Economic Research, said that the results show "that risks for the German economy have somewhat diminished."

    This is of course more German "financial magic". Raising from minus -18.2 in Sept., to minus -11.8 is still in the negative, at least for the REAL world.

    Minus -11.8, for the country being called "the economic locomotive of the EU", would be funny if it wasn't so sickening.
    Oct 22 06:16 AM | Likes Like |Link to Comment
  • Rosneft and BP (BP) could reportedly announce a $25B+ deal tomorrow or Tuesday for the Russian oil major to acquire the U.K. company's 50% stake in TNK-BP. The sides are still hammering out the details, but it could involve a two-step process in which BP will receive a Rosneft stake of 16%-20% and and $10B-$13B in cash. BP could also get seats on Rosneft's board. (previous[View news story]
    Not so fast, there is a real bad habit here on SA to presume all M&A deals are done as soon as they are announced. Please start checking these comments for content, they are very misleading.

    According to UK Telegraph's
    JONATHAN RUSSELL
    ASSISTANT CITY EDITOR

    " BP's board has backed the deal. Its shareholders may not be so positive. They are calling for a cash payout to compensate for the fact the new structure will see investor returns from Russia fall dramatically. More details of the deal need to be thrashed out, not least the political ones of such a huge deal taking place with the state-owned Rosneft."

    This morning analysts were already suggesting BP could be jumping from the frying pan into the fire with the move. BP has put out a statement simply saying: "BP confirms it is in advanced discussions with Rosneft regarding the sale of its 50pc interest in TNK-BP. No agreements has yet been reached. A further announcement will be made if and when an agreement is reached."

    The mergers and acquisitions market could be offered a shake-up under Takeover Panel plans to review the controversial "Cadbury Law". Complaints about the regulations have centred on the stifling effect of the 28-day deadline to complete deals, set by the rules.
    Oct 22 04:03 AM | Likes Like |Link to Comment
  • Google's (GOOG -8.4%) Q3 results are out early, and they missed estimates. EPS of $9.03 missed by $1.62, and revenue of $11.33B (+51% Y/Y, boosted by Motorola acquisition) missed by $530M. Shares are diving. [View news story]
    You should think of GOOG being used as a test of what can happen due to hysteria. Read that again.

    GOOG, FAR stronger that APPL, was used as a test bed.

    Check the trading range, look at the value drivers. Why do people get so offended when someone talks smack about APPL?

    Every stock drops, it's APPL turn in the barrel. Knowing when to sell is the art, not spotting 1 of 2 possible tech stocks who produce computers, to invest in.

    Smart folks sold long ago when we saw $600 for the first time, done. At the time I remember saying it was trading @ 10 x value.

    NO ROCKET SCIENCE
    * All trades are registered. check who shorted GOOG, shortly before the drop. No surprise.
    Oct 21 06:16 AM | 2 Likes Like |Link to Comment
  • Google's (GOOG -8.4%) Q3 results are out early, and they missed estimates. EPS of $9.03 missed by $1.62, and revenue of $11.33B (+51% Y/Y, boosted by Motorola acquisition) missed by $530M. Shares are diving. [View news story]
    Excellent comment.

    There has been much debate here on SA lately about whether APPL will see $1K, I am of the belief they (APPL) are on dangerous ground letting their flagship devices to be produced in China, with it's "wheel of fortune" trade policies, which it follows when it suits them.

    I stated just days ago, that APPL will plummet due to new foreign / trade policy between China, and the US just days away from being implemented. FOXCONN has a labor dispute and it takes 5000 Policemen cracking skulls to restore order? Sounds safe, right?

    This is where the iPhone 5 is being produced? The device who's decline in sales can cripple APPL?

    One tiny labor glich, and the stock(APPL) will take a header, just like Google, ............but on a much larger scale.

    China's way of letting the US who's cracking the whip.
    Oct 19 06:30 AM | 2 Likes Like |Link to Comment
  • Apple After The Riot, Shortage, Strike, Etc.: Still A Buy? [View article]
    Unfortunately, P/E ratio has historically been quoted and used by most industry investors as a quick and simple indicator of a stock’s value. The P/E ratio is also widely quoted in the media (as it is the only crap that laypeople can grasp), which is why it's best left to financial market professionals. As we have all seen, that as the market has been dumbed down for the wave of amateur traders sitting at home, so has the news been dumbed down for them to feel as if they are actually hot shot traders.

    Normal P/E:
    Normal P/E uses the ratio of the S&P 500 index over the trailing-12-month earnings of S&P 500 companies. During economic expansions, companies have high profit margins and earnings, so the P/E ratio then becomes artificially low due to higher earnings, and thereby during recessions, profit margins are low and earnings are low, driving the regular P/E ratio higher.

    New Schiller's P/E:
    ALL Market Professionals agree that even the "new & improved" Shiller's P/E, has been signalling to sell as we are over the mean since 2009 and has missed out on basically a market double from the bottom as it has gotten more expensive. Even at the bottom of 2009 it barely gave a buy signal with a Shiller P/E of 13.4, nu?

    As a stock market gauge it's also useless as evidenced now at 22x. Smoothing earnings out to try and get an understanding of a company's normalized earnings simplifies the role of business analysis needed to understand the economic drivers of a company.
    Oct 18 07:54 AM | Likes Like |Link to Comment
  • Will Central Banks Cancel Government Debt? [View article]
    Correction, FED is "acting" in a US "central bank" function, and IS NOT a branch of any government, especially not the USG. FED is a private corporation, full stop.

    The part everyone gets wrong:
    Article 1, Section 8 of the Constitution states that Congress shall have the power to coin (create) money and regulate the value thereof. So what? We know. Read it again and understand it.

    * ANY CONLAW expert can tell you, Congress still has that power, in that they run US Treasury. The catch is, now Congress has to ask FED for permission.....(how it really works)

    * Anyone who does not understand that, is not a USG employee.

    It is indeed the FED, that controls and profits by issuing "electronic credit" and printing money through the US Treasury,regulating its value and issuance, by loaning every USD printed to the USG @ interest.
    Oct 16 06:55 AM | 3 Likes Like |Link to Comment
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