Topstockblog

Blogging to add value. Sharing and discussing helpful websites, money, stocks, etc.

Stock market crashes, and links. Will the market rebound?

Stock market looks poised to crash again December 12th as a $50 billion dollar ponzi scheme is exposed.  Jim Cramer has called out the Securities and Exchange Commision for failing to enforce the law, failing to stop market manipulation and conspiracy by hedge funds out of control.   The markets unfriendly nature is driving money out of the market and keeping participation low.   The job picture is also getting worse with jobless claims hitting a 17 year high for unemployment benefits filed in a single week at 577,000 new applications.   

Stock market crashed 444 points November 20th 2008 to Dow 7500 today, and looks poised to go lower as the market rarely bottoms on a Thursday.   Markets typically bottom on Monday morning.   Dow 6800 stands out in my mind as a low from the early 1990’s.  I believe that more accurately compares to the economic uncertainty facing the world going forward.  Jobless claims hit a 16 year high.  Possible even lower if any major unexpected   To be honest with the continued destruction of jobs around the world; complete disregard for balancing the budget or impossible task, and environmental concerns of the world it is hard to believe that change will not occur.  Karl Marx the socialist recognized as one the great minds of Economic study predicted capitalism would come to an end as the capitalist systems fails to be able to meet the worlds needs. 

   This types of thinking typically occurs along side of great fear in people at the bottom of capitalist markets; but, this time may be different.  Technology advancements have allowed us to do so much more with so much less.  The work of one hundred men can be done by one man in many areas of business.  So clearly a more responsible society would disregard or accommodate business’s that continue to allow us to raise standards of life while achieving sustainability with the environment.  In order  not destroy the planet for future generations.  Many corporations across a wide spectrum of industries are closing up shop or will in the next twelve month’s due to negative margins and a negative market out look.  

 October 10th 2008 comments – Why does the market crash every day? The market can go to zero.  If people  want the money, and the system becomes insolvent.  Stocks can go much lower.  Cities ask when will the credit markets reopen for city bonds.  That is laughable in a way.  Why would someone buy debt in a system that is capital isolated, and losing money increasingly as far as the eye can see?  Stocks that make profits should hold Steady here.  IBM looks way undervalued.  I like Buy IBM at any price, even though,  all stocks go down in a bear market.  With a few exceptions.  Government can step in and manage stock assets in ways that business has failed to do or better align interests in ways that make more sense.  The American government has proposed taking a 79% ownership in the new AIG corporation.   Other than the $440,000 part executives threw to celebrate the recent loans.  Topstockblog see the moves as halfway sensible  with the government ownership.   Why do we have to pay for houses forever?  We don’t.  Why doesn’t George send checks to all Americans.  He has authorization to sign the checks.  A most diversified society is the best one.  That is the American dream.  What are constitutional signers agreed to value above, and beyond greed.

 

(Original June 6th 2008 post) The  U.S. stock market crashed nearly 400 points today http://www.yahoo.com/s/895280  (Friday June 6th. 2008).   The largest increase in jobless claims increase in 22 years, and oil per barrel rising $10 in a single day.  Given the large amount of the increase in oil today, and over the last year oil is probably going much higher.

The stock market was up 200 points yesterday.  Some people had become more bullish on the market going forward with Carl Ichann a major investor reiterating his wish to sell yahoo at a premium of $32.  Interestingly Carl seemed to think $32 was a fair price in part because of the effects of inflation in the future making the premium of $32 a fair price.  Some investors jumped at his latest comments that sent the market up 200 points were now caught long.  The market always is challenging.  Historically the market is very volatile with inflation in the water.

 The Kirk report http://www.thekirkreport.com/    talks about the likely hood of further weakness.  The bottom that many hoped was set in March is probably not the bottom.   With so much trouble in the world and major support being broken putting big doubts in the theory.     I expect more investors piling into oil and out of stocks Monday.  I think the low could be set Monday if the sell off is big enough or some time in the next couple of weeks.

Entertainment purposes,

December 12, 2008 Posted by | Stock investing links, ideas, and opinions. | , , , , , , , , , , , , , , , , , , , , , , , | 3 Comments

United States Senate refuses to discuss taking away tax breaks to Oil Corps.

A little sun light on why the U.S senate refuse to discuss taking away Oil corporations tax breaks ?  In a year with more record profits while Americans suffer.   The senate also failed to discuss tax cuts that are going to expire for renewable energy programs.  Tax hikes on Oil Corporations, and Pro tax cuts on renewable energy that will help our country and the world deal with both economic and environmental concerns.  Many democrats in the Senate say they are pro tax hikes on oil, and pro tax cuts on renewable energy programs.

    A loss of access to energy and environmental damage are dangers that need to be addressed through good judgement followed by sound action.  So talking about this problem and bringing sunlight to the United States Senators opposed to talking about Oil tax breaks of 17 billion dollars over the next ten years, and cutting renewable tax breaks is a mistake.  Inappropriate influence of Oil Cartels, Large Military powers (yes us), lies, and bad decisions made by people in power must have sunlight be brought to them.  A little sun light will help prevent these problems in the future.  All these events have the potential to destroy lives.  It’s just a matter of how risk is tolerated, and how well it is found to be controllable.

  Thanks for reading,  A special thanks and recomendation to United States senator Sam Wexler.   Mr. Wexler is doing a great job and sharing hope for justice with all around the world.  He continues to do so much to make are nation work appropriately.

 

Entertainment, and education purposes,

September 10, 2008 Posted by | American Politics and Policy Ideas, Serious Subjects that need public exposure | , , , , , , , , , | Leave a comment

33% of corn production in 2009 U.S.A predicted to go to ethanol!

In 2009 33% of the corn produced in the United States will go towards ethanol production because of the high premium paid for oil.  This is causing a short fall in production of food world wide to meet the needs of the world…hmmm. If, Humans didn’t breed like rats in conditions of poverty
I would’nt ask you to be concerned.  But, humans reproduce at a dramtically higher rate in conditions of poverty.
No more corn use as a substitute for gasoline!! This would be a start in the right direction to alleviating short falls in food around the world.   Topstockblog supports revisiting legislation supporting switch grass as a substitute for gasoline.  More incentives to find new solutions.
Carbon farming has alot of potential to solve problems of the world by taking carbon out of the air.

Entertainment purposes,

June 28, 2008 Posted by | Stock investing links, ideas, and opinions. | , , , , | 1 Comment

Stock market could tank early Monday; will it set a bottom?

The United States Stock market could tank Monday with follow through selling going on.  Hedge funds are closing.  Retirees are looking to relax.   I just don’t think life can be that easy for retirees.   I see foriegn nations like China, and Venezuela diversifying into other currencies that have higher rates of inflation.  That is a macro economic force that has potential to be disruptive.   Heavy buying in Oil as a hedge against weakness elsewhere is sure to continue.   I read a report last summer saying some mutual funds and other hedge funds had not honored redemption requests from large institutions because of market pressures.  Sure, they were right the market headed lower.  Will the market be higher, next year.   Other than Japan putting forward a car design that runs on sea water.

Interest rates have risen to well over 6%, and inflation is almost sure to continue. Inflation is where you expect to pay more for goods because of conditions like higher bills, high oil prices, profiteers looking to make piles of lute, and the continued expectation. Not, too mention alot of debt in the market would be erased. Even accrued assets can be devalued through inflation.

If some nation starts a war tomorrow maybe we can get to a bottom. Other wise I suspect any bottom set may be short lived if Oil continues to head towards $200 a barrel without a serious technology moving forward along with cooperation around the world.

Entertainment purposes,

June 23, 2008 Posted by | Stock investing links, ideas, and opinions. | , , , , | Leave a comment

Ten year peace agreement in the Middle East bad idea between Israel and Hamas

   Ten year peace agreements between Israel and Hamas is a bad idea in my opinion.   Any aggreement that is not ever ending as intended.  Is a waste of time.   Ten years is worthless than a good fight now.  I morrally oppose war; but, approve of a war for ultimate victory if peace can not be achieved looking far into the future. Moderate viewpoints and understanding of those with different view points all have to do with a good future. Per se a good direction to move in. I read a proposal that ends the conflict reasonable between Israel and Palestine.

   We are all humans of different values, wants, needs, thoughts, sizes and shades.  As such we should respect these differences. Biodiversity offers much hope to the future in meeting all unforeseen needs and contributions of others.
Israel has contributed great to both the well being of the world and rath of hate as religous forces have battled for centuries in an attempt to dominate societies. All the failure of violence to bring peace should be learned from and avoided in the future with acceptance of other cultures. With respect for human and property boundaries. Life has much beauty to be shared and worked for with careful decisions.  All people have value and need to be respected as such. Equally the environment is a concern.  All balanced
Humans can learn from the past.  Much of the past agreementslike the United Nations and modern world governments holds the answers learned from experience.  We have the structure and need compromise to work out the differences.  The great wealth of Oil in the middle east has led to a never ending fight.   The spreading of technology, health care, food, shelter, and happiness need to be  the targets of all people.  I call on all religious preachers, practices, and non applicable peaceful parties to cooperate with good will.one another.  To share earned efficiencies and apply considerate minimum goals to make the most of the world.  Deliver jobs, housing, responsibility, religious freedom, careful boundaries, sustainable trade, and environmentally friendly goals.   

Continue reading

April 24, 2008 Posted by | American Politics and Policy Ideas | , , , , , , , , , , , , , , , , , , , , , , , , , , , | 2 Comments