Your commander sold yesterday an ran at the first sight of trouble
Second time you did this. You guys are stupid for letting this happen. So do you all feel better? Misery loves company
Stocks seesawed Friday as investors tried to figure out how a weak jobs report would impact future moves by the Federal Reserve. Latest CNN news topic
Here is my thought on this
Wall street should be cut off from all stimulus at this time. They failed to do anything constructive with the money they recieved through the stimulus. The Government should levy a tax for all oil coming out of the Bakken formation and the GULF. These assets belong to the citizens of this country not a select few. This tax should be used to create good paying jobs for the working class of this country.
Wall street is creating a situation that will lead to a economic rebellion. Apolitical people who are sick and tired of living paycheck to paycheck, struggling to get by. The foreclosed upon. The unemployed. People desperately surviving off of food stamps. And especially people who have been impoverished by medical bills. I’ve heard from so many people with horror stories from financial ruin as a result of health problems who are “ready to fight back.” The anger throughout the population is much more intense than even I thought it was
You will not get your pensions, nor will you get your Social Security. Keep telling yourself you will get it. Keep telling yourself you are guranteed a fixed income. It is not going to happen. There just is not enough people paying into this system
Dominic you never impressed me. In fact you bother me. Do yourself a favor an sell your position in VLO while you still can. If you bought on margin. Expect a fed call. I am certain you either lost your shirt this week or perhaps you never were in the game. Bottom line you never state your position or where you bought in or sold at. Therefore do me a favor take two of these and I will feel better. Now get lost
So they delivered $2.67 in earnings the first three months of the year. right now they are expected to deliver the following from 11 estimates. The low end is .44 a share, consensus is .73 and the high end is $1.03. This is what they are going to do. I can not argue with the experts or the opinion of VLO
Bottom line there is a indication that total revenue for the year will end up at $3.44 a share.
VLO trades at $53 a share VLO can not have a PEm of 20 You actually want it to go higher to 22 or 23 Just not possible for a refiner. Refiners have failed many times in the past 5 years. People lost fortunes on this stock in 2009 The stock went to $14 because for VLO it is all about consumption and spreads. Inventories are surging. If the business was a solid business VLO would not have sold off their retial business or their pipeline. They have some hefty taxes to pay and their refineries, after reading the latest report need about $4 to $6 billion dollars of improvments.
Buckle up and brace yourself. We have or are experiencing the tremendous downside risk of owning securities or other finacial instrument. Downside risk is in contrast to upside potential. We can safely say we have more downside risk potential. However, lets disregard the entire concept of longs and shorts. The markets are based upon a nations GDP, and when the markets exceed the value of GDP you will experience downside risk potential. We have printed so much money that the currency supply is muiltiple times greater then our GDP. The extension of credit is the savior as well as the achilles heel of Capitalism When consumers and businesses lose the ability to repay their credit debt the first pillar of Capitalism falls.
Americans today owe more money than ever before. The fact that 'interest never sleeps' means that the situation will continue to worsen unless steps are taken at the individual and corporate level to reduce or eliminate debt.. and using credit without the intent or ability to pay is theft.
I see we stopped at 1782 on the s@p............I said 1775 is the magic number....anything below that you are going to have a tremendous opportunity to make alot of money. Why get one acorn when you can get the entire forest. I said hold your powder and keep it dry. As for myself, it does not make a difference to me if I burn my bridges behind me.....I never retreat.........Keep your eye on the ball
Good point....this will crush their margins..............thats why crack spreads are different in different regions of the country....excellent
Bottom line the trend is your friend and VLO has moved up. You are a smart guy and you want to get every nickel out of this deal and you did, you also gave alot backThe market is waiting for VLO to run out of gas the range for earnings is so wide it is impossible for VLO to miss. The question is how much are you willing to pay for earnings. You and I do not decide that. The market will have their hand in that and when it does people will get their clock cleaned Historic PE for refiners is 5 VLO is at 20 give it a break and say thank you. New investors stay away, those that have the same belief hold your powder....you will get the stock alot cheaper.
A technical correction toward an area of support that occurs on lower-than-average volume..
Smart money is starting to look for the exits and that the trend is getting ready to reverse.
This was a low volume advance
I expect VLO to get peppered tomorrow
If you grabbed a acorn, this was the one day of the week I said you could grabe a acorn. GL
At the close , I placed another large short position on VLO
Americans are hording cash...........to pay their bills!
Just remember the stock market did not generate one job. If it collapsed it would not change a thing. The country would go forward. Remember I said yellin is a hawk. If you think I am wrong
Bernanke’s policies have in fact failed on many levels. In the first place, he is a Keynesian who thought that more money would increase demand in the economy. Studies have shown that this did not work, that it actually backfired.
Bottom line socialism collapsed because it did not allow prices to tell the economic truth. This is what you are investing in. I prefer to short this type of economic system
In 6 week tge Japanese market has given up close to 3000 points. Hardly a case for a bull market any where. Oil has jumped 10 percent and we lost 250k jobs in January.
This is getting funnier when you apply failed Kenydian economics
And starving Marvin can't find a job. And those tvat are working don't make enough to pay there bills
Haha classic stagflation environment
Real asset values are tumbling. Have you checked the value if your home. You dropped 30% in the last 6 months