So they added enough in 1 time charges to make .44 called pro forma
PE is 20 times earnings !
So I expect this to go red later today or later this week 39.56 ah I will reference this post in a few days to show you how much you lost.
10.58 vs 10.55 expectations and big earning miss so that's why it goes up 4% ?
When revenue year over year declined 4% ?
Let me tell you why this is higher.
It's because it's a dow stock and if it tanked on earnings day the whole market would tank
What smart money would do is sell as later when they pump another dow stock they will sell this one.
PG is a good example last quarter it went up on earnings that were flat from a year ago (ko was much worse) then 1 week later it was down about 10% look I dare you)
Now you have the opportunity to get out on large institutions nickel when you know upside is nil downside is huge.
You could lock in gains now but you won't but you will remember I told you this and you will say:
"What was I thinking ?
it despite Goldman and all the others. Smart money knows this is nothing but a head fake..
Koke revenues down 4% year over year Visa is tanking as credit card use falls.
Empire state index almost negative !
You better be in when Janet opens her mouth on this topic !
Market fueled by fed pumping with Taxpayer money !!
Yea right !!!
that AMEX missed Revenues by 160,000,000 !
So you think V is going to show 20% growth ?
Cramer has been pumping IBM for weeks look at it AH !
I certainly hope you are NOT pinning your hopes on CRAMERS projections !!
I tried to warn you but you bashed me wait till V reports !
So why is the stock 66 ?
I am willing to ride out any gold and silver drops between now and then...
I think the market rally is over because the stock market is hugely overpriced at this point and the:
1. coke had a 4% revenue drop but stock ent up 4%
2. Intel had 1% revenue growth
3. dupont had a 3% drop in revenues and earnings from last year but stock is up 20% from where it was then
4. Mcdonalds Walmart warned as have many other retailers
5. Fed said that credit card use dropped 3.4%
6. Mortgage bankers applications for Refis and purchases at 2 decade lows reported about 30 days ago
So I think at this point the market is going to have a hard time going higher and this was the
primary goal of the Fed to produce a wealth effect for spending.
Clearly the high end retailers have done well but not the middle income and lower income and associated retailers.
In the old days the fed stood by what they said for at least a short time now we see the fed can and will turn on a dime...
Today they are on a path that is reducing QE lower by 10 billion per month..
So in 90 days they will cut it down to 25 Billion...
In 150 days to 5 billion..
I say well **well** before they reach that number that is within 90 days they will announce
a delay of the taper because the little growth we see is from this artificial money..
This will be triggered by a weak stock market and negative retail sales as the QE gets drained out
of the hands of the upper middle class who was doing the spending..
They will cut at least 1 more time this month maybe 2 months but that will be it.
So if you we are going to get a drop in Gold and Silver it will have to happen very soon in next 60 days,
If not it will be up, up and away.
I think smart money knows this already and is why gold price is hanging around here and won't fall easily and recovers when it does. For me I would rather take an unlikely 30% drop in gold then to be out when taper is announced.
Yes unlike me you are very good at trading. At this price level I am a buy and hold and will most likely hold until it is close to 7 then maybe sell a little and wait until close to 10 then a little more Thats the way I think now that hecla has so much reserves and gold and is so darn cheap.
I rationalize this by how much paper is being produced every day.
For example even after reducing the taper to 55 billion per month the fed is printing 1,800 million per day or enough to buy hecla every 18 hours. Since hecla is the largest silver producer in US and significant godl producer I firmly believe the rest of the market will realize this is a great opportunity to invest in at this level...
Lets see if I am right again !!!
a large screen demanded by most consumers !
And they also make it very difficult to develop and deploy applications !
This was fine when they were the only game in town the Galaxy S4 blows rings around the iPhone I dare you to look at the display and disagree with me. And the amount of people who need new phones who don't already have one is very low.. Apple is going to rock you this week you will see !
He is such as conceited spoiled brat !
on savings. People who make a lot of money make up for that in the stock market but the consequences of printing infinite amounts of dollars dilutes them and results in higher food prices for mcdonalds as well as theircustomers leaving them less disposable income to got o mcdonalds. I am quite sure walmart will also show similar results but neiman marcys and tiffany will do just fine.. In addtion seniors on tight budgets would spend some of their interest on savings getting breakfast etx at mcdonalds but the fed has decides that wall st execs and the 1% are more important than seniors on fixed incomes.. And lastly the fed has trillions to give the banks but the gov has none for the long termed unemployed. all of these forces are working against mcdonalds so beware of buying it at this level hoping for a recovery...
and negative earnings are not good especially on an overpriced stock like mcdonalds
The smartest thing you could to is to sell while the large stakeholder is propping it.
You won't listen to common sense but you will remember i told you this and you could have locked in gains even thought the company is overpriced & missed it's targets and had less sales this years than last..
Lets call in 100 today I will reference this post in 1 week or less to prove to you I know what I am talking about !