Down goes the Dow

Maserati,

Vancouver real estate goes full retard:

http://www.zerohedge.com/news/2016-02-03/vancouver-real-estate-goes-full-retard-average-home-price-now-18-million

Igy

Ghost of Igloi wrote:

Maserati,

Vancouver real estate goes full retard:

http://www.zerohedge.com/news/2016-02-03/vancouver-real-estate-goes-full-retard-average-home-price-now-18-million

Igy

wow

I don't trust even a punctuation mark from zerohedge, but if their have the facts right Vancouverians are in for a nightmare

agip,

I posted since Maserati and some other poster were discussing Vancouver real estate. I can see how the thesis could make sense, but I have no opinion other than with the weak CAD I may travel to Canada this year.

Igy

Igy, yes, I know all about it. I could discourse at length, but believe it or not, this time I won't.

Another story (sucker) stock reports and is down 20% in the after market. The stock has a 52 week high of $276.18 and trading in the low $150s. No one should be surprised with a net loss to shareholders of $166 million in 2015. That translates to a loss of $1.29 a share, yet there was someone willing to buy the fantasy at $276.18 a share.

Stock valuations hits hard.

Fools line up to buy on the dip.

Igy

Yeah, because the truckload of 'told ya stories' that we've put out, is still not trustworthy enough. Five years ago, we tried to warn the world that negative rates would follow CB printing, and cash bans would follow the negative rates............. we're on the track.

agip wrote:

wow

I don't trust even a punctuation mark from zerohedge, but if their have the facts right Vancouverians are in for a nightmare

0 Hedge,

I have found good stories on the site.

The alternative is to dial into Cramer.

Or buy LNKD, good value down to $147 and no PE. That is good isn't it?

Igy

Buy my stock TSLA, it is even a better value $175 and my company lost $5.31 a share in 2015.

Or buy our "growth" company Tableau Software we only lost 57 cents a share this quarter. Our stock is a buying opportunity, down 40% in the after market. Oh, the ticker is DATA if your interested

Pointing Out the Obvious wrote:

Obviousest wrote:

By smart people you mean people who agree with your predisposed view.

There are smart people who I agree with. There are smart people who I disagree with.

So you support your initial claim (there is a reason valuations are high) because smart people back you up.

But then you turn around and say you agree with some and not others (smart people).

Hence your initial attempt to prop up your argument is totally destroyed by your second comment.

I guess you aren't one of those smart persons.

Hi, K5! Are you happy the market is going back up?

Where Else wrote:

Pointing Out the Obvious wrote:

There are smart people who I agree with. There are smart people who I disagree with.

So you support your initial claim (there is a reason valuations are high) because smart people back you up.

But then you turn around and say you agree with some and not others (smart people).

Hence your initial attempt to prop up your argument is totally destroyed by your second comment.

I guess you aren't one of those smart persons.

It's ironic that you question my intelligence while demonstrating your own lack of reading comprehension.

Guess what, they are talking about stock valuation and high multiple stocks at this moment on CNBC.

Funny, it matters today.

Igy

Coach Market: Zuckerberg, you are in again. We need you to carry this game. Like Rudy, did you see the movie?

Mark Zuckerberg: Coach I'm not into it today. Besides I think that last hit gave me CTE.

Courtesy of Igy

CTE is no joking matter.

Dad,

As a father, get your kid out of football.

Igy

some bullish analysis of the jobs report from 538. Interesting that manufacturing accelerated hiring. most labor market numbers continue to improve.

There is the ugly fact that usually we are in recession maybe 10 months after peak employment. It is a trailing indicator, fer shure.

http://fivethirtyeight.com/features/jobs-report-january-2016/

But while the headline payroll number may have been disappointing, the details of the report should ease concerns that the global economic slowdown is nudging the U.S. toward another recession. Manufacturing, the industry most exposed to China’s rapidly cooling economy, added jobs at the fastest pace in over a year in January. The retail and hospitality sectors, which would be the first to feel any pullback in consumer spending due to the slumping stock market, both stepped up hiring. Among big private industries, only the mining sector, which includes energy companies struggling with low oil prices, cut jobs.

Overall, the report revealed a job market that continues to improve. The unemployment rate fell to 4.9 percent, dropping below 5 percent for the first time since 2008, when the recession was in its early stages. Wages grew at their fastest pace in a year, suggesting falling unemployment is forcing employers to raise pay to find and retain workers. And those higher wages may be drawing more people to look for jobs: Labor force participation ticked up for the second month in a row.

Mind your own business.

2/5/16 FANG Index:

FB -6.13%

AMZN -5.68%

NFLX -7.08%

GOOGL -3.08%

FB is currently negative year-to-date. High multiple stocks driving the indices lower. WTI oil steady at $31.

Igy