That one mentions CDs, but not bonds. That's a miss for you. You're stuck at 1.
That one mentions CDs, but not bonds. That's a miss for you. You're stuck at 1.
JJK,
"These strong earnings weren’t expected by any stretch of the imagination, and potentially give the market a chance to run further."
Truth: As of 7/21/2016 S&P 500 reporting: 53 of 126 beast As Reported (GAAP) earnings or 42% and 68 of 123 beat on sales or 55%. Estimates were lowered coming into the quarter to create a lower hurdle.
Dreams become reality on Let's Run.
Igy
CDs are fixed income Dufus....
But whatever you want....
Igy
JJK,
Plenty of stupid stuff going on. Chipotle (CMG) reports a drop (2015 to 2016) in revenue from $1,197,783 to $988,383, EPS goes from $4.45 to $0.87, share count from 31,525 to 29,340. And someone perceives this as good news and the stock goes up 6%. Even Jeffries analyst tries to splash some water on the madness as the target is lowered to $330. Hey idiots are lined up to buy at $440 and 65 times last year's earnings. Its a value stock compared to NFLX at 269 times or AMZN at 307 times.
Igy
I'm not sure why you feel the need to be insulting. After all, it was you who mentioned bonds, not me.
Your post was insulting to me.
Igy
How so?
Another record day to end another record week! This earnings reports season has been awesome! Life is stupendous!
Ghost of Igloi wrote:
WedBush raised their target on NFLX from $45 to $50. It's a value stock now, the PE has dropped from 300 to 266.
Igy
Ghost of Igloi wrote:
Its a value stock compared to NFLX at 269 times or AMZN at 307 times.
Igy
So what's the point.
Igy
Yea awesome, wow man, like a 44% beat on lowered EPS, ya know. That's a like a totally awesome. Like a buy high sell a low. That's a like a right, huh?
Hellooooooo? wrote:
How so?
You pointed out that he was wrong. Igy is very thin skinned.
Sally V wrote:
Hellooooooo? wrote:How so?
You pointed out that he was wrong. Igy is very thin skinned.
Says the denizen of a large glass house.
....from the Hashtag Queen.....
Sally V wrote:
Hellooooooo? wrote:How so?
You pointed out that he was wrong. Igy is very thin skinned.
...and this troll is doing his best impersonation of the real Igy who left the thread weeks ago.
I hope real Igy is ok
I'm also worried that his clients are upset with him for missing out on this big rally.
If you aren't up 5% this year...you aren't even trying. Hard to tell clients to stay out of the market when it keeps hitting all time highs.
Of course, in 1999 staying out of the market would have been equally hard but would have worked out well because the market crashed.
That's why I like in theory the 200 day strategy. Let the market rise. Be in. But if the market falls below the 200 day sell something. It's a way of saying you aren't smarter than the market. It appeals to me.
the problem is all the false alarms that eat away at returns.
I'm confident that the real Igy appreciates your concern, though he likely would disagree with your analysis. You're a good man, agip, and one of the few shining lights left on this thread. All the best.
Criticism of Fed Model (low interest rates support rising multiples):
https://www.soa.org/library/essays/inv-ebook-2014-cantor.pdf
More on the fallacy of low interest rates support expanding multiples (stock prices):
Bigfoot Investment wrote:
"So, what's the takeaway? Hussman's a very bright man. He provides compelling analysis and opinions, which I typically find quite interesting. The only problem is that the evidence, including his own track record, demonstrates that investors are best served by ignoring his opinions. The reason is that he isn't telling me (or you) anything that other sophisticated investors (such as pension plans, hedge funds, mutual funds) are unaware of. Thus, that information is already embedded in prices. The market has already priced the risks Hussman bases his analysis on. He just believes that he's smarter than the collective wisdom of the market. Or, at least, he wants you to believe he is, even if he knows better."
http://seekingalpha.com/article/2192193-should-people-listen-to-john-hussmans-forecasts?page=2