davemcc3300

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Slump's Over? Vegas Employment and Housing Looking Up

Is there a good statistician out there who could run a multi-factor coefficient of correlation between Las Vegas home sales and employment and U.S. GDP or the S&P 500?
Oct 28 18:43 pm |Rating: 0 0 |Link to Comment |View article
Wall Street Breakfast: Must-Know News

"Making things", says axelrod. I agree 100%. See what our "service" economy has done for us: left us dependent on the rest of the world. We are witnessing the USA slumping into second place. Who's in FIRST? No single country. We'll see more international alliances, with USA being just one of the players.

Should we shovel taxpayer money into losers like GM? Or how about a multi-time loser like Chrysler? Helloooo ...? Is it just that some flag-wavers want Toyota to fail? Guess what: businesses that do things the smart way will ALWAYS be succcessful.

And when you look at the flag-wavers very closely you see that the little buttons on their collars aren't American flags, they're "Vote Union" or the UAW or Steelworkers -- the unions that bullied management into sucking their employers into fundamentally and internationally uncompetitive postures.

What do we do now? Buy the best cars at the best price = value. Need steel? Go to Nucor -- a new breed of corporation -- not US Steel. Want to build good North American businesses? Let the private sector, including the investment bankers of the future, make the investment decisions. NOT the government!

It might take Americans another 4 years -- with the lemmings putting Obama into the presidency -- until we learn that we can't spend money we don't have, import things that take too much fuel to get to us, buy twice the house we need to live in, subsidize weak industries, vote union representation to talk to management or look to anybody else but ourselves to provide faithfully for us.

We Americans are self-satisfied, slow learners.

Which reminds me: where are the engineers and scientists that will help us recover? Maybe some will be graduating in 4 years.

Dave

Oct 28 18:24 pm |Rating: 0 0 |Link to Comment |View article
Intuitive Surgical: Medical Device Stocks Look Oversold - But Not Recession Proof

Johnson has a valid point about "groupie" stocks. Another name for this is "story" stock. I've owned two of these and ended up getting my hat handed to me with my head in it: NutraCea (NTRZ) and Headwaters (HW). Like ISRG, both are fine companies with great "stories" that I fell in love with, and got into so "early" that the smart investors in the stocks turned out to be the ones who sold when the price was high.

I think ISRG is worth buying, but I put it in the "story" -- or "groupie" or "gotta love" -- stocks that just aren't good enough at the fundamentals yet ... or maybe just haven't been discovered by level-headed investors yet.

ISRG buyers beware.

Dave
Oct 26 15:48 pm |Rating: 0 -1 |Link to Comment |View article
Wall Street Breakfast: Must-Know News

Wish we had a 5-star rating system for both the articles and the comments!
Oct 24 12:03 pm |Rating: 0 0 |Link to Comment |View article
Wall Street Breakfast: Must-Know News

BHI's numbers aren't showing in the share price. It will be a big winner when the recovery comes. (I've owned BHI in past, continue to watch it, but don't own shares right now.) But so will all the oil services and infrastructure players.
Oct 22 10:06 am |Rating: 0 0 |Link to Comment |View article
Sugar Futures Drop; Fundamental Picture Currently Ignored

Keith: name a few of your "prospects" for us.

Me? I like BUF, EXM, NE, AHR, and MDR ... and I'm taking a hosing!
Oct 10 15:00 pm |Rating: 0 0 |Link to Comment |View article
Friday Outlook: Commodities, Emerging Markets

David, I'm another fan that uses your work to distill what has happened. I hunger for some of your recommendations tho. You're old enough and sharp enough to have gut feelings worth airing.

But if you don't tell us how/where to focus our investments in the future, I'll still love you and study your wonderful charts.

Another Dave
Oct 10 14:56 pm |Rating: 0 0 |Link to Comment |View article
Two Ideas to Capitalize on Distressed Sellers

I'm a HGT victim too. In last 4 mo, HGT is -45% vs S&P -33%. PBT is a better performer with a -29% drop. When market and oil prices recover, both will outperform market. Dividends for next 3 months probably lower, reflecting NG and oil income.

I like MWA, but see it falling more. A good infrastructure play ..if that's where government money goes (which might be pretty tight for another 2 years).

Only things I own that are working are KO and ABX (until today).

I'm holding. Selling at these levels validate the stupidity of the usual stockholder. Their panic is outdone only by institutions trying to scrape up cash in this negative environment.

Dave

Oct 10 14:19 pm |Rating: 0 0 |Link to Comment |View article
Crazy P/E Ratios

Yikes: These low-PE company look like some of the best investments out there right now ... including WB.
Oct 09 12:51 pm |Rating: 0 0 |Link to Comment |View article
California: Canary in the Economic Coal Mine

Dr. Jackpot: you're spot on about CA too. You should apply for Sec of Treasury!
Oct 09 12:38 pm |Rating: 0 0 |Link to Comment |View article
Economic Indicators Signal a Major Collapse Ahead

Dr. Jackpot's spot on: a real action plan.
Oct 09 12:35 pm |Rating: 0 0 |Link to Comment |View article
36 Opportunities for the Beginning of the Bull

Glad my Coke (KO) and gold (ABX) made the list. KO has not suffered the hosing the rest of my portfolio has taken. Maybe your other picks are safe havens ...or safer. Best move, if you had foreseen a 33% one-year S&P dive, would have been to move to cash last October and stay there. Can't fault anyone who went "all in" a week ago. America's on sale!
Oct 06 11:43 am |Rating: 0 0 |Link to Comment |View article
Taking a Risk - With 20% Yields

ACAS and EXM are excellent investments with little downside risk and nice payout while you wait for the stock to return. I also like AHR.
Sep 27 20:14 pm |Rating: 0 0 |Link to Comment |View article
Why I Got Gold Wrong

TERN's article-rating question needs to be answered "Soon!"
Sep 23 13:37 pm |Rating: 0 0 |Link to Comment |View article
Tuesday Outlook: Commodities, Emerging Markets

I've never had a Vanguard order fail to execute. What do you suppose happened?
Sep 23 13:13 pm |Rating: 0 0 |Link to Comment |View article

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Wall Street Breakfast - Sample Wall Street Breakfast: Must-Know News by SA Editor Rachael Granby Bank trio becomes duo. Wells Fargo (WFC) will become the largest U.S. bank by branches with its bid for Wachovia (WB), after Citigroup (C) withdrew from compromise negotiations late yesterday on concerns about the quality of some of Wachovia's assets. Wells Fargo, with a bid valued at $11.4B, expects the purchase to be completed by the end of the year, and denies it will have to absorb assets shakier than originally thought. Government considers next steps. As the financial crisis continues to worsen, the U.S. government is considering two dramatic steps to turn around, or at least slow, the damage: guaranteeing billions of dollars in bank debt and temporarily insuring all U.S. bank deposits. The moves, which would mark the government's most extensive intervention to date, are in discussion stages only. Credit stays frozen. As frozen credit markets refuse to thaw, the cost of default protection on corporate bonds reaches new global records amid investor concerns the credit crisis will trigger corporate failures as companies struggle to finance their businesses. Interbank lending remains limited, and borrowing from the Fed's expanded discount window continued its trend of setting new highs every week, as the total daily average rose to $420.2B vs. $367.8B last week. Oil demand withers. The International Energy Agency warned Friday worldwide oil demand... Email continues...
The Macro View - Sample Seeking Alpha - The Macro View Market Outlook An Outcry from Emerging and Developed Markets Alike by Jonathan O'Shaughnessy Long Term, Financials Look Good by Michael Filloon Round 3 of the Recession: Main Street by Paul Fekula Oil Price Oil Below $75: Increased Chance of OPEC Production Cuts by Money Morning Oil Down 48% from Highs by Bespoke Investment Group Oil & Gas Headed Lower as Economy Strikes Consumers by Michael Filloon Economy Long Term, Financials Look Good by Michael Filloon Round 3 of the Recession: Main Street by Paul Fekula Reality Bites As Stocks Continue To Collapse by The Mole Email continues...
Investing Ideas - Sample Seeking Alpha - Investing Ideas Cramer's Picks Farewell Financial Bear Raids - Cramer's Mad Money (10/14/08) by SA Editor Joan Wickham Better Picks - Cramer's Lightning Round (10/14/08) by SA Editor Joan Wickham Perhaps Industrials... Cramer's Stop Trading! (10/14/08) by SA Editor Joan Wickham Long Ideas Utilities Beginning to Generate Interest for Longs by Joe Kunkle The Long Case for Encore Capital by Value Investor Insight 2009: The Year of the Channel for SaaS Vendors? by Jeff Kaplan Two Global Infrastructure Investment Opportunities in ETFs by Investment U Market Behaves Sanely - Fast Money Recap (10/14/08) by SA Editor Joan Wickham Short Ideas Why Short Sellers Are the Heroes of Wall Street by Investment U Salesforce.com: Pricey and Coming Down Fast by Charlie Bottle Google: 3Q Results Reveal Chinks in the Armor by Mark Krieger Email continues...
Jim Cramer's Picks -
Sample

Better Choices - Cramer's Lightning Round (10/15/08)

by SA Editor Rachael Granby

Stocks discussed in the lightning round session of Jim Cramers Mad Money TV program,
Wednesday, October 15.

Bullish Calls:

Continental Resources (CLR) -- "This is a remarkable decline. All of the high quality ones are down so much, I can't go against it. This is where you pull the trigger.
3M (MMM) -- The moment this stock starts yielding 5%, I'm a buyer. Until then, keep your powder dry.

Bearish Calls:

Computer Sciences (CSC) -- This is a company that was going to be bought, but they passed up the chance. Now I don't want to buy it."
Annaly Mortgage (NLY) -- I think this is a business model that needs to borrow money. Definitively do not buy."
Northrop Grumman (NOC) -- You can't own the defense stocks right now. If I had to own one, I'd look at Lockheed Martin (LMT) with its good dividend.
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Global Markets - Sample Seeking Alpha - Global Markets China An Outcry from Emerging and Developed Markets Alike by Jonathan O'Shaughnessy USANA Health Sciences Inc. Q3 2008 Earnings Call Transcript Perfect World Announces Share Repurchase Program by Trader Mark China: Hot Money Inflows Down, Nervousness Up by Michael Pettis India Indian Economy Has Much to Cheer About by Equitymaster India: RBI Cuts Cash Reserve Ratio by Equitymaster India: Markets Continue Downward by Equitymaster Japan Sanyo Enters Thin-Film Market, Goes Up Against Sharp by Greentech Media Asia Four International Dividend Stocks to Watch by David Hunkar Eastern Europe Reality Bites As Stocks Continue To Collapse by The Mole Email continues...
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