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October Stock Discussion

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Posted: #26
 i would suspect it is the story regarding Macau limiting tables people etc etc....just my uninformed guess....perhaps Rat will concur

 
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Posted: #27
Quote Originally Posted by Vermeer:

 i would suspect it is the story regarding Macau limiting tables people etc etc....just my uninformed guess....perhaps Rat will concur



I think it was that the ratings agencies lowered their cash flow numbers next year..

Nobody around to see 10k again, I think we have turned into a bunch of grumpy bears here.
 
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Posted: #28
Oh I'm still around to celebrate this 10k ! Techincal indicators are still screaming buy. Free money all over the place, just like in '99 !
 
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Posted: #29
Quote Originally Posted by depeche2:

I need 1 good medium to long term stock pick to buy right now.  Give me some ideas.

CMCSK, gives u a nice dividend and trading well below the averages of their peer's P/E's. good luck.

 
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Posted: #30

  Wall,

 The Dow is such a bogus indicator that I just can't get hopped up about it, despite all the touts on CNBC jumping up and down wearing ballcaps etc etc.

 I think we have made the world safe for Goldman Sachs...

 I remain bullish on silver/gold/oil, and also GS,  so I am not sure I am a grumpy bear so much as one that cannot see an unemployed populace being the engine of recovery for the average common stock.

 I think the dollar will continue to be weak (rightfully so, given the country's decades long commitment to fiscal insanity)...
 

 And frankly, I think even I could make serious coin if the government handed it to me for 0% and on top of the bargain, told me I would not have to be responsible for losses. I am afraid celebrating the likes of Blankfein and Dimon for doing exactly that leaves a lingering bad taste in the mouth.

 
 


 
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Posted: #31
4 bulls-bears on the oil outlook and other people who cant afford to stockpile crude in their apts. the public is presented w- USO as an 'oil tracker', while DUG does the inverse.
and yet over the last 6 mo. USO is ONLY up 32%, while DUG is down 46%. in the last 3 mo. USO is up 20%, n DUG down 38%.

VH2 had a similar point about faz/fas trading strategies...

so if you are long oil, ditch buyin USO and short DUG. what am i missing?
 
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Posted: #32
Quote Originally Posted by depeche2:

I need 1 good medium to long term stock pick to buy right now.  Give me some ideas.

 

Wendys (WEN)

 
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Posted: #33
Ride this market up to 11,100. Then scale back.
 
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Posted: #34
Pretty heavy reversal late here...very rare.
 
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Posted: #35
anyone gonna forecast a significant pullback in oil before february? i don't like to trade etfs but really tempted to short DUG. too crazy?
 
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Posted: #36
Quote Originally Posted by BigBadBlove:

anyone gonna forecast a significant pullback in oil before february? i don't like to trade etfs but really tempted to short DUG. too crazy?


The market seems to act like it wants to reverse but then it only lasts a day and they make up the losses and more, higher highs and higher lows..been that way for months..amazingly so.
 
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Posted: #37
These valuations on internet stocks are getting hilarious.

AMZN at an all time high after making 45 cents a share and 4% operating margins.

NFLX at all time highs off marginal earnings and hope of a deal with a game maker

BIDU at an all time high off the hype around GOOG and AMZN numbers.

Crazy is all I can say.
 
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Posted: #38
Wall

 Would you not expect valuations to be unhinged from reality when you have fund managers chasing profits with cheap money and needing to keep their jobs? Not a rhetorical question...add the fact that people are being driven out of cash by low returns and you have a lot of $$ doubling down. Just what I think I see...
 
 
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Posted: #39
Interesting remarks from a currency speculator...

the IMF has very large gold reserves – kept in the books at a very low price – and it has been decided to use those gold reserves to the benefit of the least developed countries. So, the IMF could actually pick up the cost of paying for the special drawing rights ...

FT: Using its gold reserves?

GS: And, in fact, it’s being done. It hasn’t had any publicity, but I understand that in Istanbul a deal was signed where I think the UK and France actually transferred $2bn of their SDRs, or 2bn SDR worth to the least developed countries, and the IMF picks up the cost. So, it’s a road that’s already being used and it could be used on a larger scale.

FT: What sort of a financial deal should Obama be seeking to strike when he travels to China next month?

GS: I think this would be time because you really need to bring China into the creation of a new world order, a financial world order. They are kind of reluctant members of the IMF. They play along, but they don’t make much of a contribution because it’s not their institution. Their share is not commensurate ... their voting rights are not commensurate to their weight, so I think you need a new world order that China has to be part of the process of creating it and they have to buy in. They have to own it the same way as, let’s say, the United States owns the Washington consensus, the current order, and I think this would be a more stable one where you would have co-ordinated policies. I think the makings of it are already there because the G20, in agreeing to peer reviews, effectively is moving in that direction.


 
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Posted: #40
Vermeer,

I just dont bite on this NWO stuff..I really dont.

Its a road that once you start, you end up blowing your brains out from how wacky they say things are going to end up..not for me personally.
 
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Posted: #41
Better send a note to George Soros Wall, that is who GS is bud....
 
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Posted: #42
Vermeer,

GS is a bit off the deep end from time to time, dont ya think?

Interesting that they reversed the markets again..maybe a trend change? I am not sold yet but it is interesting.
 
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Posted: #43
I dont share his politics...but would you have predicted a Euro in existence ten years before it happened? Or predicted the existence of the United Nations after the failure of the League of Nations? Probably not.

People around the world are fed up with US fiscal mismanagement, foresee no end to it, and everyone knows the US implosion signals its waning influence around the world. People are looking for replacements for the USD, and they are going to find something, and I suspect sooner than people in the US think...just my view....
 
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Posted: #44
PS

Know you do not like Zero Hedge but you might like this bit of Cramerica bashing:

https://www.zerohedge.com/article/damien-hoffman-touches-jim-cramer-nerve
 
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Posted: #45
Quote Originally Posted by Vermeer:

PS

Know you do not like Zero Hedge but you might like this bit of Cramerica bashing:

https://www.zerohedge.com/article/damien-hoffman-touches-jim-cramer-nerve


Any Cramerica bashing is a-ok with me.


 
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Posted: #46
I would like to get your guys opinions on SOLR.  I am afraid that if this stock drops below 5.25 it could take a huge dip.  However, at the same time I don't see why this thing doesn't go to 9 fairly quickly.

Any feedback is appreciated
 
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Posted: #47
Vermeer........
Agree - its all part of the plan for the US to screw it all up
How bout that Georgy Porgy.......
What a character........ hahaha.........

Wallst.........
Respect your opinion
My take is I look at the forest - not just the tree
I am an objective person and personally do see the puzzle coming together over time.
But I don't freak out like you say which is wise. Leads to plenty of fodder and B.S. But rather I see knowledge is power to keep those who are level headed safe.
I know........... I know.......... maybe all bla bla bla to some
I guess we'll all see whether or not all this goes down
I personally will allocate my portfolio over time to be ready for it



In the meantime guys anyone got any Asia plays with stocks or multinationals with their earnings reports coming out?
Just  out of curiosity - especially combined with YEN strength and USD weakness I notice that some profits are hurting leading some sell offs
 
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Posted: #48
sniff sniff sniff.....

It smells like a little bit of selling today..very interesting.
 
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Posted: #49
Technically the markets are set up to roll over...

Someone who should be rolled over:Timmmmmaaaaaaahhhhhhh

https://www.bloomberg.com/apps/news?pid=newsarchive&sid=a7T5HaOgYHpE

 
 
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Posted: #50
Quote Originally Posted by Vermeer:

Technically the markets are set up to roll over...

Someone who should be rolled over:Timmmmmaaaaaaahhhhhhh

https://www.bloomberg.com/apps/news?pid=newsarchive&sid=a7T5HaOgYHpE



If that is the one about AIG..well I wonder if the management TOLD the UST and others that these discussions were underway and to stick with the terms, or if since we were in a financial tsunami that such things werent communicated?
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