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ZAGG Inc Message Board

mngtscrwdup 105 posts  |  Last Activity: Jun 27, 2016 2:17 PM Member since: Mar 10, 2005
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  • mngtscrwdup by mngtscrwdup Jun 3, 2016 11:05 AM Flag

    job growlth down and labor participation melting. durable goods orders weak (netting out aircraft) and manufacturing PMI down. the only thing keeping this market up is the crazy, insane, #$%$ federal reserve money-printing machine (along with the china money printers and the europe money printers, etc).

  • mngtscrwdup by mngtscrwdup Jun 2, 2016 7:02 PM Flag

    the stocks that caught fire today were the risk assets, not the blue chips. either the start of a bull rally or the final hurrah of the bull market. the next week will be critical to the direction for the summer. my guess is still down.

  • if it drops below the previous lows at 2700, then it goes into another massive decline. china is already selling off US treasuries to prop up the currency and continue to pump the credit bubble. and the US markets bounced up very fast, but that pop could melt down very quickly. yellen and company are having to purchase huge amounts of US treasuries with funny money. very tough to know how much longer this can continue, but my guess is that by end of the year we have a massive 30%-40% decline in markets. it is OK to ride stock market higher here, but understand that it will turn down just as fast as it moved up.

  • as bizarre as it seems, if hillary remains the democratic nominee trump is looking very strong. already up by 4 percent in north carolina and even tied in virginia. very close in pennsylvania and even in florida. he has already closed the gap and has not even started to attack her in all the areas she is vulnerable. minorities will not turn out in huge numbers as hillary will be too tarnished.

  • all these auto companies are investing in ride sharing business models, but the future is autonomous ride sharing and that has little in common with the current ride sharing model. what matters is the ability to safely operate autonomous vehicles and there is only 1 company at the lead - tesla. they are getting a million miles a day of data to improve their autonomous driving tefchnology. that is a huge lead. within 3 years tesla will be selling self-driving cars. it also has built a network of charging stations and service centers that are company-owned. do you see how far ahead they are? what if tesla is able to execute a ride sharing service 4 years ahead of other car companies? when ride sharing really takes off, it will dramatically reduce sales of vehicles, as households will maybe own 1 vehicle instead of 2, etc. gm can make investments, but it is not a leader in self-driving.

ZAGG
7.225-0.265(-3.54%)3:55 PMEDT