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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

Looking To Get Back in the Stock Market?

Looking To Get Back in The Stock Market?   Be careful, and make a plan. 

 

Tough choice,  (November 26th 2008)   Market trends seem to be ever changing.  I have put a buy list together.  This is a good starting point.  Fundamentals change quickly.  My Buy list targets include MDR, MTW, CME, CHAIN, YGE, Yingle Solar has been beaten up with declining margins; but, supported by locked in government contracts.  CME has took a recent dive as the market has perged so many hedge fund investors that have left the market for one reason or another.  Chicago Mercantile Exchange has strong earnings, and has a great business hosting futures trading.   New government legislation bringing in new traders with a is essentially the market maker.  I am sure CME can make profitable margins, and should continue to focus on consolidating markets while creating a participant conscious market.  I took GOOG off my buy list because of declining margins and fear of declining numbers across industry players.  Last month Google was a favorite. Best hope some new model that better reconizes Google value to the world. Citi Bank looks to have a big upside potential and only $7 left until zero. I hope have a really good chance of making money over the long run.

You can make a fortune buying and selling at the extremes of this market  is a comment from the Kirk Report.   

(Ocotober 31, 2008) I am staying out of investing at least until the new year. Very excited about locking in my first year of tradig profits.  In addition to a recent removal of an adrenal gland in the wrong place makes me understand stock trading is not for myself.  I still like to watch, and reflect on the market developments.   The biggest thing I learned is to lower my expectation and limit how much I watch the market.  Be patient, and wait for stocks to move into your target buy or sell range.  Keep hard work, experience, and sense of humor on your side.  The market still has life to it. 
  Traders  moving the market when it goes higher, and over exuberance relentlessly leaves profit on the short side.  Investors are buying long term here and some are selling.  Green Span comments early in 2008 on U.S economy did put our economy exposed to high oil prices.  

(November 26th 2008)

(October 31st 2008 list)

GOOG – is gaining market share today, and offering value.  GOOG price multiple for years after 2010 are too low.  Goog seems to ad value and create opportunity.  Risks remain in slowing trends in advertising budgets.

CROX – look likes  dicey here;  over sold and has a large short position.  I don’t see Crox as a fad and earning are strong.  Crox is trading at a price you could make 10X your money in a few years if things go Crox’s way.  The quality absorbing plastic shoes are nice; the hard plastic shoes should be faded out.  Sure inventories may be high; but, that seems to be a strategy from beginning of the trend.  Sending piles of Crox slippers to retailers to boost consumer confidence in the style of Crox

MDR – looks like a takeover candidate, value play, strong infrastructure company with buyers

YGE –  Solar pricing should be strong with government assistance; but, depressive oil prices could be diffucult.   Reasonable priced growth stock.

COF – The recent injections of cash should boost earnings in 2009.  Further weakness in consumer credit debt is expected with the relief valve of the government cash COF may be a worthy investment.

entertainment purposes and education.

November 26, 2008 Posted by | Stock investing links, ideas, and opinions. | , , , , , , , , , , , , , , , , , , , , , | 2 Comments

Have a good weekend, comics and favorite stock websites

Have a good weekend,  here are some comics and my favorite stock websites.

Bush's Social Security Gamble
(About.com original poster)

 

 

 

 

comic2.png

https://topstockblog.wordpress.com/2008/02/01/stock-market-humor-take-a-break-from-trading/

https://topstockblog.wordpress.com/2008/01/23/44/

https://topstockblog.wordpress.com/2008/01/21/stock-market-crash-humor/

http://www.thekirkreport.com/

http://bloomberg.com/index.html

http://www.optionaddict.net/

October 18, 2008 Posted by | humor, Personal Growth, Stock Market Websites | , , , , , , , , , | Leave a comment

Brushing up on my stock watch lists and website programing…challenging work

Staying busy working on Topstockblog articles including citing sources, staying up to date on stock developments, checking spelling, and providing links is a challenge. Word Press is allowing me to learn more about website programing. Learning the basics takes trial and error. Lots of time to practice. I find and hope to share my experiences searching the net and publishing to connect with the world.

Blogging has given me an opportunity to spend my time more equally.  I read the market was over sold on the Kirk Report (highly recomend joining for a donation of $50 a year;) and decided to do some hunting for stocks that look interesting here.  Oil gets more dicey as the price moves higher; but, I imagine that will continue as supply is tight, and not alot of plans in the works to change that.  With out doing to much research with a real short perspective I like RTH, QQQQ, and AUY. With a longer perspective I would still play any stocks in my buy list that fall within my buy signals for my 50 DMVA system.  I found a new stock I will add to my watch list AEHR a technology play with growth opportunities over the next six months.

A special thanks to all readers and other website programmers. I send my concern to China that has had many dangerous earth quakes in recent weeks.
 

Entertainment Purposes only,

 

 

June 12, 2008 Posted by | Uncategorized | , , , , , , , | Leave a comment

Link to T. Boone Pickens interview on Oil

(Update July 23rd, 2008) T. Boone Pickens a billionaire oil man has a self paid comercial running on CNBC calling for America to get off oil as soon as possible with Wind and Solar power combined with energy saving technology, and changing behavior.  Serious challenge of our century.

(Original post May 14th) Surfing the net and I found an interesting interview. KirkReport.com a reputable stock market website often display many links to market related stories from other reputable stock market websites.

T. Boone Pickens has liked oil in the past, and I can’t wait to check out his current view point on oil.

http://paul.kedrosky.com/archives/2008/05/09/great_t_boone_p.html

May 14, 2008 Posted by | Stock investing links, ideas, and opinions. | , , , , , , , , , | 1 Comment