junk rating means NADA! Otherwise as I have posted , "The U.S. bonds would be JUNK rated, like Ukraine!" Has anyone read the story on Yahoo today about spending CUTS no mateer who gets into office? This is off of FCX, but 99% of us are sick of "bashing every day." Just my 2 cents. FCX will work things out re debt, and Indonesian interests, it just takes some time! be positive.
I watch FCX, DVN,CLR, DIS, EXPE, mostly. Even GILD is on the floor.
least today some stories paint the picture or the "bad side of oil dropping so much!" Too many billions. of projects scrapped and workers in industries outside of the oil prod. put out of work. It is cheaper to fill the car, but "what then", drive to north Wisc to relax and get away from this country for peace of mind? As my news letter stated, "everyone is suffering", anyone buying puts is only short term, then it will turn against them. I thought about CLR puts, but ll of these companies ARE NOT going out of bus.
The whole mkt is being looked @ like COAL STOCKS ! Earnings are not going to keep going up forever, EXPE aside. Only companies selling guns and liquor which are the trend nowadays.
and DWG did? This is the buy of the decade at these prices, they just got into oil at the worst time. thanks
Exactly what is needed is restructuring ! I'm awaiting when the U.S. money is FINALLY declared INSOLVENT . It doesn't have much value over Confederate money! Around my area sometimes kid clerks give $20's a #$%$ look at the store. These kids aren't very bright, at least I knew what a 20 looked like 40 yrs ago. That's the new generation.
There is enough "badmouthing " without throwing gas on the fire. Just hold till 2017 and things will turn, or else the whole country WILL BE in recession! The same goes for FCX, roll over any notes they have!
All it takes is a cutback of 1 mil barrels and oil will go up. The burbs near Chcago have $1.80 someplaces, and some story recently stated $2.50 in a few months. Gas normally goes up after Mem day. I can't see WHY the nat gas cos. don't just SHUT DOWN when they are almost giving gas for free. CHK is promoting its own demise selling at such prices. During the Depression of the 1930's, farmers just dumped milk or fed it to the hogs.
It must be CHK does not supply the midwest, and the way gas prices are going,"they will be giving it away for free pretty soon." At 2 bucks , there is NO reason to bring it out of the ground. just my 2 cents I only read about Ican losing big bucks, but he can afford it.
We all like GILD, but the mkt cares NOTHING about earnings when they sell almost ALL stocks
And that CLOWN in the White House tells the gullible "the country is doing well."
of the p.e. "in the clouds."
GS is one of the most corrupt banks in this country. It came out recently that Clinton was taking huge money from GS for b.s. speaking. They don't have $140 mil. for being honest!
Unless you're living in Manhattan with a huge salary, ANY figures put out by a gov. office about unemployment are a cover-up. Only the naive would trust Clinton, or O'Bama.Various sources post only 62 % of the working age pop. are employed: many have quit looking or are underemployed, go to college, then work in retail Walmart or McD.
So much for earnings and guidance in this environment. I have not looked if REGN is down below $300 yet. They were always a crazy price, and others like BIIB.
The media gets the wagon rolling, and we are in "big recession!" Everyone knoew any White house figures are b.s.. We have one of the most CORRUPT govs. this side of Ukraine! They got Clinton on being "paid off" by G.S. another big time corrupt org. for yrs
If your thesis is correct, WHY is the whole mkt going down the tubes? EXPE is a position I am in till the 19th. It has been killed, earnings mean NOTHING! Some guru put "the whole world is in a deathspiral" today. I did not see who it was, one of those Soros guys.Employment means little when the jobs are $9 an hr part time!