- I don't know what you do with today's market action. It was crazy. Ramped after the Fed announced nothing, and then fell back down. Good luck.
- Still in cash trying to think of something to do with it. Probably just stay in cash until the Fall. I am tempted to daytrade, but ... eh.
- Economic data continues to show a very slow economy. No other way to put it. Although folks seem to be talking it up as great news. What? Should't things be growing a bit faster?
- Feet are still broken and sore. Man, over eight weeks so far. Can't wait until this is over. Ache ache ache.
- Dodgers having an amazing run. Dramatic late game wins. Including last night's game against the Yankees.
- Did you see Spike Lee on CNBC this morning? Wow, if I were producer, do you know who is not getting an invitation back? What a clown. There was no need to be disrespectful.
- Do you keep getting folks ringing your doorbell trying to sell you solar panels for your roof top? What's the payback period, 25 years? I always tell them I'm moving and putting the house up for sale in a few weeks, rather than argue with them.
Wednesday, July 31, 2013
Tuesday, July 30, 2013
I am still in cash, and not putting money to work. This week should see some interesting moves with the federal reserve and economic data. The market seems stuck for the past few weeks, except for the big winning stocks like The Facebook $FB.
Monday, July 29, 2013
$MCD - McDonalds: I thought his was an entertaining article about a $1 burger from McDonalds. I don't eat there very often, but maybe this will change my mind. But there can't be a huge profit margin in a dollar burger. Unless they sell a large drink with it!***
The Blaze - StoriesCould the McDonald's McDouble Actually Be the Greatest Cost-Per-Calorie Bargain Ever?
Is McDonald's McDouble cheeseburger (two patties, one slice of cheese, costs about $1) the "cheapest, most nutritious and bountiful food that has ever existed in human history"?
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Saturday, July 27, 2013
Don't sleep in! This week will feature the Federal Reserve, jobs, and more earnings! Nonstop thrills!
The biggest surprise last week came from Facebook, which soared after their earnings report. Apparently, they figured out how to make money.
Amazon was another surprise, as they continue to lose money. The stock was down after hours, but surprised everyone including me when it rallied the next day.
Thursday, July 25, 2013
Hey, the economy isn't so hot and corporate earnings are mediocre. But does any of that matter when folks just want to buy stocks?
Hey, the Black Box has a sell signal. Really. Last sell signal was May 30th. FWIW. I’m already in cash so… er… uh…
Tuesday, July 23, 2013
- I've never owned Netflix - $NFLX. Afraid of competition. Didn't think it would last once the Big Boys got involved.
- I was wrong. Netflix is the Big Boy in providing streaming and DVD.
- And I use Netflix all the time!
- The stock is selling off today on a disappointing earnings report Monday.
- Of course, it has been a darling momentum stock and if it does come down it had a ways to go.
- Not going to buy it. Last person in the pool worry, you know?
- Still will use it. And I'm currently watching Everybody Loves Raymond. Lol.
Monday, July 22, 2013
Sunday, July 21, 2013
Is anyone bullish on $MCD - McDonalds earnings prospects Monday? Seems like all we hear about is how they are struggling with a low profit dollar menu and struggling economies overseas.
- Remember when big technology stocks mattered? It was interesting Friday to see Microsoft slide and Google not do well, and the market shrugged it off. Sure the NASDAQ was down. But it used to be the whole market would slide on that kind of news.
- Of course, Google did hold the 50 day moving average.
- Which just goes to show you, don't fight the Fed! Don't fight the trend! People want to buy stocks and that is that. Not just domestic buyers, but I think international money, too.
- I am still in cash. No summer trades for me yet. I still think there is a correction coming, but I have been wrong so far this summer.
- I want my pension! You know, it will be interesting to watch Detroit for what happens to pensions. There are many retirees and workers who have been promised pensions, and the question is how will they be paid?
- Pop Tart ice cream sandwiches. Raise your hand if you want one. *as my hand shoots straight up*
- The Dodgers won, sweeping the Washington Nationals in the three game series. Unbelievable starting pitching, clutch hitting, and great relief from the bullpen. I think this is what we expected all year as Dodgers fans.
Saturday, July 20, 2013
Friday, July 19, 2013
Wednesday, July 17, 2013
I am still in cash and not putting money to work in the market this summer. Waiting for the correction that never comes. Have you ever waited at a bus stop and the bus doesn't show up? Feels a little like that.
It doesn't seem to matter about domestic stock earnings or foreign market problems right now. It's just when is Bernanke and the Fed going to stop stimulating the economy. That's all that matters. That's all that people are watching. It seems as long as the Fed is in the news all the time promising the moon and stars, everything is okay.
I'm not going to play along because I still believe in the greater fool theory.
Still at home with broken feet. BROKEN!
Friday, July 12, 2013
- I have been wrong about the stock market. I keep expecting the summer correction, but the market is very resilient. It may be the Fed it may be whatever but it just goes up and up.
- I am still in cash, and sticking with my summer correction prediction. But it is frustrating to see the market go up. I'm glad I'm not short though.
- I have been home a lot the past month with my feet. I have fractures in each due to cycling. So that is even more uncomfortable than missing new bull market highs. But that is why I am not blogging as much or doing audio boos as much. And no walking the dog!
- Boeing is dropping on the fire of Ethiopia 787. Maybe I should throw some cash at that right? Panic selling for no reason probably.
- Boeing is affecting the overall market now to as the Dow is negative.
- Say, the Los Angeles Dodgers have sure turned things around right? I have watched most every game this year, and the last month is better than the first two right?
Wednesday, July 10, 2013
Tuesday, July 09, 2013
Sunday, July 07, 2013
Do you need a Smartwatch? Apple, Google, Dell, Pebble... Everyone seems to be thinking you do. Just as many folks have taken off their watches and just use their phones to get the time of day! Plus, these things are pricey and will need to be charged frequently.
My battery in my cheap Timex died last week. I went all week with no watch and realized I missed it. I went to Amazon and ordered a $20 replacement. Cheap. Shower proof. Long lasting battery.
Oh... And tells me the time. ***
Wall St. Cheat Sheet Another Company Joins the Smartwatch Race — Is Apple Falling Behind?
Is Apple (NASDAQ:AAPL) falling behind in the smartwatch race? It seemed that not long after rumors of Apple's smartwatch development emerged late last year, other companies began announcing their own smartwatch projects. Dell (NASDAQ:DELL) is the latest tech company to join the smartphone race as the beleaguered PC maker looks for additional sources of income amid falling desktop computer sales
Investing Insights: Will Dell Stage A Recovery? Read the original article from Wall St. Cheat Sheet
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Many have been talking about the boom in temporary jobs. It seems like that is the growing part of the economy. Is this just a reluctance to take on more expense? Or is this the future of job needs in the US?
Attention college students! It is very important to pick a major where there is a future!***
Business - Google News Temporary jobs becoming a permanent fixture - USA TODAY
Temporary jobs becoming a permanent fixture
WASHINGTON (AP) — Hiring is exploding in the one corner of the U.S. economy where few want to be hired: temporary work. From Wal-Mart to General Motors to PepsiCo, companies are increasingly turning to temps and to a much larger universe of ...
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