Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Yankee, the markets float because of fiat. Get real.
Notin is substance except in the commodities..
when no more Fed purchasing ...kerplonk.
but, its an election.
Zab- care to make a wager on those metal companies not participating...?
You noticed that too :)
Newly the pleasure is mine.
pants
Nope. It was the Island Reversal after a nice run. Rare but a high probability of a sharp and quick drop.
You an make a bundle by waiting for Island Reversal; they are buys after a sharp drop, shorts after a sharp run.
That's also the film that has the tweeters all shook-up because one of the girl actors is black. Whew! Have anything to do with stock drop?
With that, I'm out of here-have to get up on the mountain for a few runs. We have one of the largest snowfall ski areas in the country this year and season is winding down. I've been up there close to 30 times this winter with no injuries, so far. Knock on wood!
zab,
just read on CNN that AA posts 1st quarter earnings on April 10.
Further, they said that they expect S&P 1st quarter earnings to slip .5% from same period in 2011-for whatever that is worth.
Lions Gate Films, just came out with "Hunger Games." Mishegash is trouble, a pain the the toochas [what you sit on.]
Kids are schlepping parents to the movies. Heard it's doing extremely well at the box office. But the stock dropped hard. That's why short-term traders trade the stock, not the company.
Longer term traders look more closely and trade the company, rightly so.
Good for you on your lgf short-what is it?
By the way, what is a "mishegash"?
The Yank is on a roll. Get it all out, you'll feel better, avoid the need for several dozen prunes and the resulting mishegash.
Besides, I'm working and watching the Red Sox-Tampa game; 7 to 7, bottom of 8th.
Empty,
I think also that 15k by year end is a bit much, however your comment that this economy is a sham just doesn't make any sense. How long have you been parroting this nonsense? And all the while the economy just strengthens (albeit not off to the races), and of course your comment flys in the face of investors pushing these new highs in the markets. So...............you are saying that the markets are wrong and we need to believe in you????
Right!
I can't disagree Yank, I sometimes am full of it. Just my basic nature. Been trying to post a few charts for you to see. Unsuccessful. But I'm working on it. Did it the other day with the LGF island reversal. Hope some of you made a score. It came down hard. I shorted it for a month's pay.
I assume you meant the deleted post was the "Prune Post." Some didn't like it, but more did. I bow to curmudgeons with depressed senses of humor occasionally.
Lee,
we have learned from a previous deleted post that you are occasionally full of chit. Heheh!
And now this!?
Zab,
The economy is not selfsustaining enough to allow stocks to climb to 15K by year end. Way too much government deficit spending here imo. The clowns cut the social security payroll tax by 33% for the employee!
No, this economy is a sham.
Thats why this latest health care law needs to be the start, everyday we wait means so many more americans go without health care. American get sick, some die, and some need so much health care that it places a burden on all of those who pay into there current insurance plans.
There is no easy solution to health care, and this bill isn't the entire answer, but its like any porblem, you start to address it, and eventually you begin to fix all of the problems that keep coming up. I am astonished with the amount of health care that is now needed for children who are growing up with so many health problems.
I cannot believe how many children are now born with autism, I have friends, like many of you who have children who have given birth to these children. The amount of health services they require can overwhelm the average family, and health plan.
Everyday that we go without a national health plan means more and more families dealing with this crisis, and this is just one aspect of a national health care system. The answers are never easy, and every American has an indiviudal story, like my generation that are trying to deal grandparents who require someone to watch and care over them. Diabetes is another recurring theme in many American families, the list is endless, thats why this health plan, that some people call Oamacare is just a start. Long after Obama leaves office it will still be at the forefront of the american lifestyle, but to think we have to keep discussing it without doing something about it only makes the problem even worse.
AA- the mainstay of aluminum production, along with FCX and there control over copper, just look at those charts. Not only will these companies not be participating in the stock market surge in the coming months, but they will join my coal and steel stocks as has been industries trying to innovate to stay profitable. But just look at how far the stock maket has come these past three years, and all of it accomplished with no contributions from these two " old " stalworths, and the others I have mentioned. Thats what is helping the overall inflation rate, that has remained tame by old standards. Bernanke will continue to print money, and thats always bad, but on the flip side, all of those extra dollars increase liquidity both here and around the globe. Fortunately the rest of the World is following our lead in this endeavour and printing up even more money on a grand scale to boost there own economies. Eventually all of this money will be used for something more than just boosting capital. Besides there are now over 7 Billion in population around the world, go to next level, the more people you have the more you need to support those people.
Getting back to AA and other industries that have not really paticipated in the stock markets advance, these companies just represent products that are still in demand but just not really needed in any great abundance, so IMHO, earnings with be muted for the next few quarters.
I also agree that the congress will not be responsible for much of the economic push forward, they will be to busy trying to apease everyone in just trying to get elected next Novemeber. Our debt problems will still be upon us, but as long as the tax cuts expire this December, then that issue will be addressed, along with a better economy, and a decrease in the unemployment numbers.
A bad economy usually expands social needs by the government, and a better economy will begin to decrease those needs on the states, and the Federal Government. Of course any world event can always change the picture, like another Japanese Earthquake, but just like terroism, as long capitalism flourishes around the world then things will get better. Look at Vietnam, I am amazed at the progress being made in that country, and like Africa, which the Chinese are developing, there are many pockets of flourishing economies.
The world just can not always depend upon America for everything, unfortunately thou China is waiting on the sidelines and taking over. China will be the dominate force in a few more years, they have done it many industries, and if we don't start supporting these new industries of the future, like solar, then America will become another England, powerful, but just not dominate. I need to stop this thought process for now, I need to get back outside and work a little on the property.
Zab, interesting take on something that many folks around here believe is a "topping" process with a "change in the air". Especially with the gains that have taken place just in the firsts quarter in these markets! That is some topping!
My own perspective is that you could be right on, but not without some improvements in P/E ratios. That doesn't mean that it could not happen without increased earnings, as overbought markets exist from time to time, but I just don't see an overbought situation in our political climate. While the Fed will continue what it can, to control inflation, I don't expect much from the Congress and administration can only do so much. Namely, investors will be reluctant to get overbullish without good reason.
They (investors) have run the markets since October due to their being convinced we are not heading into another recession, after the economic slowdown and debt ceiling debacle of 2011-how high we go now will depend on where earnings go.
Which reminds me, when does AA start off the earnings season?
Well, Lee, great gams can only take a girl so far in life. . .
Newly
Yeah, you're a tough broad; but oh those gams!
Delete -- duplicate post.
No, thank you for your words Newly.
Oh, I've got lots more of those, Lee -- don't get me started, LOL.
Newly
No, thank you for your words Newly.
Why thank you, pants, how sweet of you to say so. You just made my day. . .
Newly
Why, thank you, Lee. This is a first for me, as I almost never win anything -- I'm your typical also-ran, LOL.
Newly
The key to successful trading, I strongly believe, is your trading style and doing your best to adapt your personality, [what makes you comfortable] to your trading style.
[I know I've said this before, but I think it bears repeating; I believe it will help to trade better.]
We all have our trading styles and often powerful feelings.
-Do you get nervous when a trade goes against you?
-Do you constantly get stopped out to limit losses?
-Do you tend to take small gains and large[er] losses?
or you
-Do you buy a stock because you like the company and it's numbers and what some "experts" say about it?
-Do you sometimes abandon your trading style when if fails to work for a while?
-Can you recognize those times when you're in a groove or when you are in a slump?
-Do you trade more aggressively when in the groove, pull back when in a slump?
[to be continued]
Great post, Zab! Those who see things from the opposite point of view will be left behind...
I don't think so, I think this market will continue to race too much higher highs. I am looking for 15,000 before election Day, or the end of the year, maybe January, and in four more years a stock market of 20,000, thou if just reaches 19,000 and change that would be fine. Corrections will be mild, except when it comes to individual stocks. Some industries will not participate in this newer economy, like my coal stocks.
But others that pertain to information will flourish. This will become an economy of world sharing, and the elevation of literally Billions into a semblance of an american middle class lifestyle. Of course Americans will continue to struggle to maintain there own lifestyles, we once had so much and took it for granted.
But this is america, we all have this inner soul in each one of us that causes us to strive higher in living a full lifestyle.
I was never sure about embracing Cloud computing, but understand the mobile platform. I watch my children and there friends move easily into technology, and like Mary with her smart phone leave me in the dust. Another reason I need Mary so much, who else is going to assist me in doing all of those things with that smart phone.
The ease in how I can do things on my computer has made me so much more efficient in dealing with life's daily chores.
The stock market might have these quick downdrafts, but when you see this friday's unemployment numbers you will see again that the economy is getting much stronger. Some people at dinner last night were commenting about high gas prices, but when I asked about the fuel mileage of there cars they understood that it wasn't much of a factor. Then when I reminded them of electricity and natural gas, so many homes here in Tennessee use natural gas for energy. My electric bills are barely $ 70.00 a month, and this is for 2100 sq. foot home, heating it is almost nothing, its been so warm, thanks to climate change and having no winter this year.
Then there was the new central air unit I put in two years ago, makes that old one a joke, besides there life span are only about 10-15 years. Those industries are doing well down here.
Alstrom just spent 1 Million installing there new solar roof as an example of the new economy down here in Tennessee. Germany has really invaded the south with many industries, and they are flourishing, especially the energy efficient ones, just Google them and you can see many of them.
The economy in america and the stock market is moving forward into the future, I just have to learn how to profit from it better.
It is now only matter of time before the 'Topping Process' runs its course and the Boyz crash this market in 52 week lows.
It is coming and its coming to a Broker near you :)
Going down the poop shit hole ;)
Basser, I do what I do. Go to Zero Hedge. I do not advocate uranium stocks and I wonder if that pisses you off.
Chernobyl brought down the Soviet Union and the old nukes will bring down the rest. Including you & me. Not to mention California and their agriculture.
<<<So – as in Japan – radiation is usually discovered by citizens and the handful of research scientists with funding to check, and not the government. See this, this, this, this, this and this.>>>
Hi Sally, I presume each "this" is a link to a different page and by neglecting to paste the link to the article you posted, you have rendered those links to be useless.
Please take the few seconds needed to post links to the articles you post in the future so the readers of those articles can see the whole story.
Thank you.
Love those uranium stocks
From Zero Hedge today
California Slammed With Fukushima Radiation
Submitted by George Washington on 03/30/2012 12:26 -0400
Department Of Energy Japan Nuclear Power
The Journal Environmental Science and Technology reports in a new study that the Fukushima radiation plume contacted North America at California “with greatest exposure in central and southern California”, and that Southern California's seaweed tested over 500% higher for radioactive iodine-131 than anywhere else in the U.S. and Canada:
Projected paths of the radioactive atmospheric plume emanating from the Fukushima reactors, best described as airborne particles or aerosols for 131I, 137Cs, and 35S, and subsequent atmospheric monitoring showed it coming in contact with the North American continent at California, with greatest exposure in central and southern California. Government monitoring sites in Anaheim (southern California) recorded peak airborne concentrations of 131I at 1.9 pCi m-3
Anaheim is where Disneyland is located.
EneNews summarizes the data:
Corona Del Mar (Highest in Southern California)
2.5 Bq/gdwt (gram dry weight)= 2,500 Bq/kg of dry seaweed
Santa Cruz (Highest in Central California)
2.0 Bq/gdwt = 2,000 Bq/kg of dry seaweed
Simon Fraser University in Canada also tested North American seaweed after Fukushima:
“In samples of dehydrated seaweed taken on March 15 near the North Vancouver SeaBus terminal, the count was zero; on March 22 it was 310 Bq per kilogram; and by March 28 it was 380 Bq/kg.” -Vancouver Sun
Seaweed in Seattle also tested positive for iodine-131; levels were not reported -KIRO
No results after March 28 were reported
In addition, radioactive debris is starting to wash up on the Pacific Coast. And because the Japanese are burning radioactive materials instead of disposing of them, radioactive rain-outs will continue for some time … even on the Pacific Coast.
Of course, the government is doing everything it can to help citizens cover up what’s occurring. We pointed out in January:
Instead of doing much to try to protect their citizens from Fukushima, Japan, the U.S. and the EU all just raised the radiation levels they deem “safe”.
Nuclear expert Arnie Gundersen says that high-level friends in the State Department told him that Hillary Clinton signed a pact with her counterpart in Japan agreeing that the U.S. will continue buying seafood from Japan, despite that food not being tested for radioactive materials [see this].
And the Department of Energy is trying to replace the scientifically accepted model of the dangers of low dose radiation based on voodoo science. Specifically, DOE’s Lawrence Berkeley Labs used a mutant line of human cells in a petri dish which was able to repair damage from low doses of radiation, and extrapolated to the unsupported conclusion that everyone is immune to low doses of radiation….
Indeed:
American and Canadian authorities have virtually stopped monitoring airborne radiation, and are not testing fish for radiation. (Indeed, the EPA reacted to Fukushima by raising “acceptable” radiation levels.)
So – as in Japan – radiation is usually discovered by citizens and the handful of research scientists with funding to check, and not the government. See this, this, this, this, this and this.
The Japanese government’s entire strategy from day one has been to cover up the severity of the Fukushima accident. This has likely led to unnecessary, additional deaths.
Indeed, the core problem is that all of the world’s nuclear agencies are wholly captured by the nuclear industry … as are virtually all of the supposedly independent health agencies.
So the failure of the American, Canadian and other governments to test for and share results is making it difficult to hold an open scientific debate about what is happening.
And it’s not just radiation from Japan. An effort by the Southern California Edison power company to secretly ramp up production to avoid public disclosure may have led to a leak at the San Onofre nuclear power plant.
And see these articles on California radiation exposure courtesy of EneNews:
Anaheim, CA has highest amount of radioactive fallout of any EPA air monitoring station in Continental U.S. for iodine-131
Over EPA limit: Cesium levels in San Francisco area milk now higher than 6 months ago
USGS: Los Angeles area had highest cesium deposition in US after Fukushima
“Tends to concentrate in the testicles”: 360+ atoms of radioactive sulfur per day may have been inhaled by Californians after Fukushima
Unprecedented Spike: 1501 atoms of radioactive sulfur per meter³ was detected in California air
Radioactive sulfur in California spiked to highest levels ever detected: University researchers
Controversy after US gov’t estimate showed 40,000 microsievert thyroid dose for California infants from Fukushima — Data not released to public — “Very high doses to children”
Spike in radiation levels for West Coast? “Abnormal” readings on 8 of 18 EPA monitors for California, Oregon, Washington — Devices now “undergoing quality review”
Nuclear policy expert: “Striking” that radioactive iodine-131 in California rainwater is so far above level permitted in drinking water
Uranium-234 detected in Hawaii, Southern California, and Seattle
Amazing last hour, never saw so many gains just evaporated in a matter of minutes, such BS to watch this all day.
Knocking off early, hungry. Prunes perhaps? Make it a great weekend Zeevers and hug 'em all that you love.
You did it again.<g>HAGWE.
Sorry, it was cappy. Cappy,Canny,Frannie and Annie. Very confusing.
Why does canny=cappy to you?You do that ALOT.<g>
Bravo to Newly. Always thought she was a class act.
pants
And cappy got an award for his outstanding AAPL option trades today.
The committee has awarded kramer, after they got off the floor due to a bout of hilarious laughter, for the most trades in one day. The work "idiot" was heard several times.
I am pleased to report that the Committee has determined it's awards.
Best Post of the Week; Newly. "I think we all agree on the need for affordable healthcare for all. The question is how best to reach that goal. I don't have an answer. I know what I don't like about current possible solutions, but I don't see an IDEAL solution...yet."
NDX negative...DOW wildly positive...kookville!
pants
63% of avg. daily volume SPY...new normal?...I know...volume doesn't matter any more.
pants
Sold last half Ym's, took the loss.
Up it to a 40% chance
Nice spot for a Ym bull trap; I'd give it a 35% chance.
NDX/S&P/US econ & stock market=helped by AAPL cloaking device.
Followers
|
1811
|
Posters
|
|
Posts (Today)
|
0
|
Posts (Total)
|
704019
|
Created
|
05/12/02
|
Type
|
Free
|
Moderator Zeev Hed | |||
Assistants lee kramer gtober Bruce A Thompson |
Posts Today
|
0
|
Posts (Total)
|
704019
|
Posters
|
|
Moderator
|
|
Assistants
|
Volume | |
Day Range: | |
Bid Price | |
Ask Price | |
Last Trade Time: |