himself for sell some of his FB.
Did you see all the changes in stock placements? They moved a lot of stocks in the DOW and SP this year, especially today.
Does this mean we will no longer be in the nasdaq?
They already mentioned FB may become part of S&P a couple minutes ago. It hasn't done much since. But, look at JCP...It has done better since it has been dropped.
Yep...and an estimated st cg of .01 and lt cg of .06 on 12/11.
Then...this Wed, when the fed assures there will be no tapering yet, bonds will return to normal.
It isn't the socialism that is driving the market up, its the Fed. Adjust your holdings accordingly.
Est. employment is DOWN 10,000 this morning, which will make you pay more for the socialist medicine, medical practices. Before you know it you'll be back at paying 305 cg's again.
Someone has to pay for people losing their insurance, jobs and free medical insurance awarded to people who don't feel like working.
This is why all advisors push diversification. You never know what is going to happen and how it will affect the bond/stock mkts.
PTTRX is an institutional class fund which is usually offered in 401K's and IRA's. When you withdrawl from your 401K or IRA, you get taxed on the amount you withdrawl and your tax bracket you're in. You don't pay CG or DIV taxes, nor can you claim losses.
Is the fund you own institutional, or are in another class?
Did you hear Bill Toddman on FM tonight? He feels once JCP brings a lot of merchandise back in 2014 which Johnson did away with this yr., the sales will get better.
Who would of thought they would have discontinued drapes. If housing goes up next yr, that will be a nice sell, plus people are always changing their home décor.
Remember when M went from $50 to $12?? Look where it is now.
Then theres BBY, GMCR. DMND, HPQ
It's all in mgmt. and whether HF mgrs. want to play games...like Ackman and HLF. Because of CNBC constantly updating us on price after each commercial because Ackman said it will go to 0, HLF went down almost 50%. Now that they keep their mouth shut it moves slowly.
This stock will do just fine, especially if unemp is really down as they predict. Look at ROST today...down over 6%.
AEO flew ahead of ARO. Motley has an article talking about how 2 PE firms have an interest in ARO. Plus earnings are getting closer. I think this stock will do fine.
Want to see a stock that took off...look at BONT.
It went up 23% today. I didn't even know they were public.
JCP is only going down because of the news that they did w/o security tags and people have been steeling. BUT..even with tags, people steel. Notice how many times you go to Walmart and the sirens go off? It happened twice in a couple hrs when we were shopping a couple weeks ago. We were at register when 2nd one went off and hubby asked about it and she said it happens all the time. They aren't allowed to do anything about it...maybe they have to wait for security person.