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.
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.
Gent, I see you are still following this company. We've had a few really great quarters, lately and are looking for a few more.
Good luck with your trades.
You said a mouthful there, zab.
As for vaccinations, I've read where a few Drs. are requiring their patients to be vaccinated and their arguments can be made for school enrollment too, IMO. Certainly in the case of those such as measles vaccine. Probably need to look at each case.
I'm probably in the same boat, Lee about not understanding. But I've thought all along that it was at the expense of the young and healthy, who don't think they need health insurance. So.......it's not even at their expense, just thought of that way. The young and healthy are often those being treated by orthopedic surgeons, after skiing accidents, and before Obamacare, they would have been uninsured unless in college or still under their parents policies.
Imagine getting out of college and starting out with $100k knee surgery to be paid back, along with student loans? As you say, give this some time and most all will be on board, IMO.
Only my un-expert opinion about where oil prices go, Lee.
Actually Lee, with these lower prices folks are responding in a big way with increased driving. 4 week average is up 8.7% YOY. One take away from this is that some folks will put off buying that compact car with the good mileage in favor of Hummers, even?
I see this uptick in gas usage as a contributor to stabilizing oil prices but still don't see them jumping back up, like some. There just has been too much production, due to fracking, and world producers aren't holding back their production to keep these newcomers (Baaken) solvent. These are big money folks and they are playing hardball.
I'm thinking those oil stocks are getting bids only due to our taking to driving more now, due to the lower prices for fuel. Also think that a lot of folks have looked for oil prices to jump back up, but I'm of the opinion they will stay down for quite a while.
Here is a stock that I've mentioned before, zab (INFN). They just reported earnings Thursday after close and have been on quite the tear (after the last two earnings reports). My own feelings are based on investing but this board might just be able to trade the stock successfully, too.
Good for you, Bruce!
No hurry on that trading, IMO.
I'll be the first on here to suggest that there is not a chance in a carload that either of those two would be willing to be number 2 on their ticket.
As to whether/not they would be strong, I suspect that the combination of the two would give them less of a chance than either by themselves. And Hillary blows them both away!
http://www.bonddad.blogspot.com/2015/01/us-market-review-for-week-of-january-5.html
Lee, here's a look at what investors are thinking, relative to interest rates.
We'd be a riot on the previous board to this one!
Oh! Sort of like when McConnell recently suggested that the reason our economy is doing so well is because the Republicans are now in charge of Congress!!???? Heheh!
I heard yesterday that this comment was sort of like a few years ago when an unnamed basketball player said something like "the time he and Michael Jordan combined for 70 points in a game", when Jordan got 69 and other player 1.
Who are the CONS?
I gillnetted salmon for 25 years but am now retired and just fish for sport/freezer.
Price of fish is always a concern for fishermen and most think the processors are gouging them-they have been accused of price fixing and they all pay the same. It certainly is relative to who the final buyers are-in years past the Japanese bought a lot and now the Chinese are buying lower priced salmon (pinks), so exchange rates came into play. Obviously, fishermen must make a profit, so fuel costs have to be considered and many boats have been upgraded to be more efficient.
My guess is that fish prices will come down if fuel prices remain low.
I suspect it has to do with how refiners program their fuels and possibly due to the tremendous amounts of jet fuel that are being used worldwide. Not that many years ago diesel was less than gas but clearly something has changed.
Maybe with fuel prices coming down we'll see the price of fish come down, too. I don't mind fuel costs as long as the king salmon and halibut are biting (have you priced those fish lately?)
I'm sure looking forward to $3/gallon diesel for my boat this Summer. Been paying around $4 for the last several years (Alaska) and I burn about 17 gals./hour.
As I understand it, there are a lot of banks that have loaned money to these new frackers, who are in the process of going bankrupt. These bankruptcies will be picked up for pennies on the dollar by someone, but in the meantime that money is gone so...
I'm saying that there are other losers. Banks, as well as everyone who was speculating on these fields continuing as they had.
There is no question that our low rates have been engineered-remember that Gentle Ben was a student of the Great Depression and he was given the task of seeing that it didn't repeat itself. He came with unclean hands, due to his involvement in our collapse, but he appeared to be the man to go to for the extreme position the world found itself in. Investment had dried up and most went to either treasuries or gold to wait the inevitable crash they saw coming (especially with that black man in the whitehouse). A little tongue in cheek there, but frankly the way I saw it was many even welcomed the coming crash so that black man would get the blame.
Anyway, lots of water under the bridge since then and many who invested in stocks, and bucked the austerity the GOP was pushing, have done quite well. I'm thinking that you must have slept through many of those economics classes-while we will never know what would have occurred with another Fed chairman, these last two have been totally above board with their intentions and to buck them is nuts, in my opinion. Santelli is, of course, a showman and he has his own ax to grind.
I only compared your interest rate positions over the last several years. I will say that while your positions have been similar, you had more class than Santelli (less yelling). While his thing had more to do with bonds, I'll just speculate here that yours didn't have much to do with anything (politics, gold, who knows), just a fight with the Fed.
As far as my take, until the economy is "out of the woods", you can expect more of the same from the Fed. Any increase in long-term rates will kill off any sort of housing expansion and most feel that part of the overall economy is needed. That said, price of oil has thrown a large monkeywrench into everything, relative to investments, and it might just be a while until that dust clears. Sure has been great for trading, however-talk about volatility!
Yep, just like Santeli. Eventually you both may be right.
While you have been just as wrong on interest rates Lee, it sure doesn't seem like you would have been a high school bully.
You're going to have to wait for a GOP president to get any of your wish list and that could be a long wait.
Well mel, Obama has thrown down the glove daring the GOP to pass a bill. If he was so worried about them being able to pass one, how do you explain the situation now?
I don't think there is a chance in a carload that they can pass chit on immigration. They will want to head off some of what he (Obama) has done, but you know about wishes and horses.
You refer to all kinds of ways, etc., etc. ------How about giving us an example of just one that could pass (either House or Senate).
You think the Republicans can pass their own immigration bill? Hahaaaaahaaaaaaaaa! I'll have some of what you are smoking, mel!
So...........you seem to insist on "fighting the Fed".
From today's CBS article on Fed's latest: "Although the Fed said it plans to keep interest rates low for a 'considerable' time, investor's seem to think the first rate hike could come sooner rather than later."
Looking like you are one of those predicting "sooner". Sooner than what?
Eventually, like a stopped clock, you will be on top of it Lee. Good luck.
Spoken like a broken record, Lee. Do you know how often you have suggested this? You are not alone, certainly, but somehow I expect you will tell us that this time is different and that rates will really go up.
Perhaps the difference is that this time new home construction doesn't need low interest rates? OK, so that won't work-how about price of gold? Inflation? You get the idea!
It has to be wish-full thinking, IMO.
Careful what you wish for there Lee (interest rate rising)-remember that if wishes were horses, then beggars would ride!
They produced some great earnings, after the close yesterday, along with great outlook for next quarter. That, along with a lot of shorts on the stock, has resulted in the gap-up this morning on big volume. The stock is also a candidate to be bought out, IMO.
Speaking of percolating, Lee! Take a look @ INFN this morning.
Bruce, for your next trick why not give us your ideas on a "flat earth" or "gravity"?
Zab, everything I've read about Cantor's loss is that he didn't lose to the Tea Party, he lost due to Dems. crossing over in the Primary.
Like I said, you have been saying this for quite a while, now and long-term rates have been dropping steadily. Eventually, you could be right but your track record is poor. Your posts were indeed not clear and why I often asked if your posts were some kind of code to others. Heheh!
The gap-down you speak of is a drop in the bucket and may not have anything to do with higher rates and lower prices for a while. But we will see.
You have been saying that for a long time now and just keeps going higher. You're saying that the air is getting a little thin up there?
No point in changing now, I guess, as eventually it could happen. Heheh!
Is that based on your wet finger put up in the air, Lee?
Ha!
Some are thinking you need a prescription change in your lenses, Lee. You do get high marks for being consistent, however. Eventually, you could be right.
Lee, this must be some kind of code that you periodically throw out there for the unwashed.
http://www.bonddad.blogspot.com/2014/04/yield-curve-is-flattening.html
Here is a look at some information, relative to long term rates, in case you are interested.
Just a heads up here Bruce-crude oil prices approached $100/barrel in late 2007 and got to $145 by mid-2008 before crashing during the almost total economic collapse that happened quite suddenly.
Your Free Pass #1 is nothing but bullchit!
Boy, some bounce Lee. I see you mention "real" interest rates-do you have your own definition here or do you accept the Government's definition.
We want to keep all this straight due to those "scams" you referred to involving "Street and the Big Banks". Also might want to know of those Fed and Treasury scams you speak of.
I didn't mean to rush you-tomorrow morning is soon enough and you might have a better handle on it, then.
I don't think I will ask what the "scam for many years" entails, or what the Fed and Treasury scams are. That's Glenn Beck territory.
Lee, will be looking forward to your predictions on the long bonds tomorrow and hopefully you'll include some crystal balling on what future interest rates should be in store for us. Heheh!