Whoever said, “Opposites attract,” didn’t know what they were talking about…or maybe they did know and just didn’t provide all the details.
The world around us provides ample evidence that opposites do, in fact, attract…but not always toward a favorable outcome. Sometimes opposites attract like gravity attracts a crippled airliner…or like a field mouse attracts a [...]
The outlook for equity markets in 2010 is as muddled as ever after a year that only can be described as enigmatic. Equities had one of the best runs ever off of the March 2009 low, but it sure didn’t feel bullish or that we were in the midst of a recovery. Once there were [...]
According to Addison Wiggin at The 5 Minute Forecast, “Schlumberger just pulled off a super-sized acquisition of Smith Intl. In an all-stock, $11 billion transaction, SLB is now by far the world’s biggest oil service company. Should revenues stay the same, Schlumberger will be double the size of Halliburton, its closest competitor.”
This deal says two [...]
WDRP, Sometimes stock prices start to move higher and they get a life of their own, This company has winner written all over it
Members have heard it all before. Penny stocks can score you big profits once the momentum starts and the news starts to flow.
WDRP is the poster child for momentum and news flow. [...]
WDRP, Long and strong, The news from the company is still strong, We are going higher
WDRP closed @ .014 today. The stock is up 75% from our alerted price of .008 last Friday. the stock had been up as high as .029 on Wednesday which would have scored fast moving traders a 262.5% gain.
PSC [...]
WDRP – This PSC pick is in the same market as AOS and GE – These guys are mixing with the big boys – WDRP is going higher
WDRP is a PSC favourite. The stock has really come to life since last Friday. We have seen WDRP jump from .008 to a close of .0263 [...]
“It’s important to remember that equity values, stock prices, are not just paper profits. They actually have a profoundly important impact on economic activity. And if stock prices start continuing down, I would get very concerned.”
-Former Federal Reserve Chairman Alan Greenspan, Meet the Press, February 7, 2010
Alan Greenspan is as confused in retirement as when [...]
Got money?
You might find it hard to hold onto. Americans with money are caught in a vise. On the one side is the de-leveraging economy. On the other is the government.
The depression squeezes everything – asset prices, businesses, earnings. And it’s going to be with us for years – no matter what the papers tell [...]
America’s president proposes a tax credit to businesses that take on new employees. We never met a tax cut we didn’t like. This one is no exception. It lowers the cost of labor, making it easier to hire and pay people. So far, so good.
But is Mr. Obama proposing to cut government spending also? Not [...]
Yesterday, the Dow was down 150 points the last time we checked it. And this morning, Asian stocks are falling again. China’s stock market has fallen below its 200-day moving average – a bad sign.
Is this a little correction in the long upward climb of stock prices? Is it a pause in humanity’s march to [...]
Is this it? Is this the beginning of the end?
In the beginning there was the word. And the word was ‘subprime.’ When investors spoke the word in 2007, markets quaked. By the autumn of 2008, Lehman Bros. had gone broke and stocks were falling all over the globe.
The end of the beginning came on March [...]
PMAH, BOCL, and HSCO – News came on our three favourite picks yesterday – JANUARY IS GOING TO BE AMAZING FOR ALL THREE
NEWS DRIVES STOCK PRICES. PMAH, BOCL, AND HSCO ALL HAD GREAT NEWS YESTERDAY. DO YOURSELF A FAVOUR AND PICK UP STOCK IN ALL THREE.
PMAH is our lotto play right now. The stock was [...]
We’re coming to the end of the year…
What have we learned? Here’s how we would put it, a four-word lesson that applies to almost everything:
“It’s Not That Simple.”
We were on pretty solid ground – at least as far as understanding what was going on in the markets and the economy – up until the middle [...]
Most of us would have to say that it was a pretty nasty year, at least from a Christmas Letter point of view. None of our children got into Harvard. No one’s team won the regional soccer championship. Nobody went to New Guinea to help the hill tribes reduce their rate of infant mortality.
And even [...]
Today is the official debut of my new column titled "Financial Myths Exposed." One at a time, I will reveal why some of the most prominent mainstream beliefs have little or no basis in reality. To kick things off, I’m starting with one of the most widely held "truisms" of Wall Street: i.e. Earnings Drive [...]
What happened in the gold market yesterday? The price of the yellow metal held steady.
So what do you do? Is this the dip you should buy?
Well, as we keep saying…it depends. A few months ago, our view was simpler. We trusted gold because we didn’t trust central bankers. We still trust gold. And we still [...]
Both a study of the stock market and a study of trends in popular attitudes support the conclusion that the movement of aggregate stock prices is a direct recording of mood and mood change within the investment community, and by extension, within the society at large. It is clear that extremes in popular cultural trends [...]
LWSP, PLMO, and AWSL, These picks are trading in a vacuum, BIG NEWS COULD SEND THE PRICES INTO ORBIT
Sometimes stocks drift lower based on lack of buying. This is the opposite of a stock dropping because of motivated selling or dilution. Stocks which drop because of lack of buying always rebound when we get [...]
PGCX, ONLY ONE PIECE OF ADVICE ON PGCX. GET IN BEFORE THE CROWD, We have another winner ready to move fast and hard
PGCX is on watch @ .61. News drives stock prices and we think there is big news around the corner for PGCX. We have called many stocks as buys before they moved [...]
I am not truly sure how Dubai will play out on stock prices for the end of this week, but with Stocktwits , I did not have to wait too long to voice an opinion, my horror , disdain, and some jokes.
Steven and Mike from SMB Capital emailed us that it might be [...]
