Longs deserve to lose big. Sluggish economy, fake housing recovery, pathetic YOY sales growth. Long term this company is likely to go bankrupt selling commodity products with grocery margins. I'm not short this equity as there are myriad ways of manipulating pricing of individual equities.
In my 30 years of investing, this is the most unusual market I've ever seen so anything is possible. However, when the Fed eventually raises rates, riskier assets like stocks and junk bonds should finally plummet and there should be a wholesale shift to safety, including Treasuries. Good luck.
Sales have bee declining for two straight years. Whether is starts in 3 days or 3 years, large discretionary purchases are the first ones that families cut from the budget in a recession.
Making a surprise move today to burn the shorts on an earning's miss. Nothing attracts Wall St like a high short interest. That's what's predominately fueled the current cyclical bull market and will continue to do so until it doesn't.
Just like Japan, the ECB is set to ape Uncle Ben and announce massive bond buying program in May. The central bankers have showing their unrelenting willingness to forego the future in their quest to artificially prop the markets for the foreseeable future. Time to take profits on the 70% rise in RUSS and get back in perhaps this summer.
In a fearful corporate environment, the first expense reduction is marketing. Companies like VCI are the canary in the coal mine foretelling the inevitable looming recession. Despite today's significant drop, in a few years it will look like nothing when the stock is trading at $3. But you won't believe me as you ride the stock down only to sell in the single digits at a significant loss all the while hoping "If it can just get back to $30 a share...".
and take profits. Wall St/Fed yet again setting up the retail investors like bowling pins. This time is no different. The retail investor is always the last to know, always the last to a bull market. In this case one that is 4 years into it. Do you want to be holding this when it plummets like CLF?
Not good folks. The massive Chinese-led commodities boom has been slowing for several years and finally being reflected in commodities prices and heavy equipment sales. Is the long-awaited bear market just around the corner?
or just a little turbulence? Remember, commodities always lead markets lower. And if the recent news is any indication, somebody is anxious to get the bear market started now that the all-time high has been taken out.
Has the long-anticipated bear market begun or are the last 3 days just a little turbulence. If the news is any indication, looks like somebody wants to get the bear market started...
With volatility that we're seeing the past 3 days anyone wanting to make a large discretionary purchase like Arctic Cat will shelve their plans if/until volatility settles. Is this just temporary or has the long-anticipated bear market begun?
With volatility like the last three days anyone planning to make a large discretionary purchase like a Harley will hold off if/when volatility settles. This volatility could be temporary or it could be the beginning of the long-anticipated next bear market. Given the news, looks like someone is trying to help the bear market along...
You're kidding, right? We're at an all time market high, China's growth has been slowing for years, the Fed has manufactured the current market with no underlying support from the economy, the housing 'comeback' is mainly fueled by private equity and the media, we've witnessed the greatest commodities bubble of all time that peaked in '08 and you're asking when to buy CX, a company with monumental debt that won't be paid down for decades? Wait 5-8 years and you'll be able to buy any stock you want for $.02 - $.20 on the dollar.
You are 100% correct. Fear is like The Gap discounting. At a 20% discount you get some buyers, 40% the majority and 60% the rest. The next bear market will work the exact same way.
Denial always the first stage. Whether the secular bear market began its continuation today or three years from now, the market will experience a significant drop before the skeptics become believers. Always the same, whether bull and bear market.
They peaked in '08 and for the most part have been declining since - oil, iron ore, copper, gold. Since commodities always lead the market, the overall market is in its peaking phase, which may last from one day to many months. Fasten your seatbelt.