Not manipulation IMO (in all the public reporting of individual fund holdings there is no evidence of that) but clearly 'riding this pup even higher' is taking place.
Look at your own Watch List stocks. Do you see much upward potential in any of them? This market is overbought, which encourages funds that must place money to put a little more momos. It's textbook market topping.
I am probably more conservative than you are. But even I understand the necessity of minimum wage - fencing off near slavery wage abuses that can and do occur in totally unregulated capitalism, a protection against revolution, a practical necessity.
Think of minimum wage the same way as bank capital reserve requirements, truth-in-lending and auto fleet gas mileage standards.
The fact is the cost impact of raising the minimum does not flow back evenly, so your assertion about poor people 'will not be able to buy more' is untrue.
Argue against ten bucks if you will. I probably agree. But your arguments aren't against ten bucks. They are against paying any minimum wage - kneejerk and irrelevant.
Is this supposed to counter Dem city/state bankruptcies? What a stupid argument. You have too much time on your hands.
Rethink it. Momo new industry stocks do not follow the market by definition - except in extreme situations.
The Chinese government owns Cirrus. China owns Continental Engines. Cessna already making their abortive C-162 trainer in China says other production will move there. Last month cloaked Chinese interests buy Mooney.
I understand the labor cost and surplus dollar issues. Buy why an industry in decline for 30 years? Why small aircraft GA?
Because he's an experienced investor. No one knew when NFLX would top and dive. That's still true. Greedy newbies think they can call the top of a momo or a stock will just keep on going higher, both irrational. Icahn raked a huge profit. Basis $58. It was brilliant.
I think the reason for Icahn's initiative was a straightforward oversold bargain price - not that Netflix would necessarily put itself up for sale. When he was buying Netflix's market cap was under $3 billion. The brand was worth that.
Respectfully, I disagree - about Icahn selling one-half being 'irrelevant.' The stock's strength after his rake says 'this run-up isn't just riding Icahn's coattails.' That's powerful. Maybe not justified, but powerful.
I blush. Stock investment is supposed to be intellectually challenging and profitable, which it obviously isn't for the smackers. I think my early training as an 'all in' day trader working the dime and quarter moves would benefit some of them - learning technicals, enforcing stop losses, concentrating on the buy-in price, being ruthlessly indifferent about companies themselves. Good health to you as well.
You need to learn politics. Not one pro in Republican ranks believed Romney had a real chance. It's what we call a 'plane crash candicacy' because that's the only way to win. Running against a standing President who had captured a new majority . . . Republican contenders tearing each other apart and bleeding givers in the primaries . . . press disposed to a liberal minority politician . . . almost impossible.
A lot is junk. Other stuff isn't. I suspect in content deals Netflix and others are essentially getting the junk free. Streaming is a bunch of niche markets - child programming, old classics, thrillers, etc. For me, for example, streaming has opened up incredible foreign offerings - dirty cop action flicks the French do best; mysteries and dry comedy the Brits do best; for silly heartfelt comedy nobody beats the Italians except maybe Bollywood, and much more. Consumers are the big winners with streaming.
Well, I agree on not betting against KSS, although I don't hesitate raking and sitting on the sidelines when the time's right. Great holidays to you as well. Maybe we'll get a little more holiday anticipation bounce.
Your Monday Morning Quarterbacking is interesting and mostly accurate - except for the nonsense about the original Constitution just giving rights to a small group of wealthy white men. But what's your point, other than grousing? In the 1770's the idea of representative government was radical, way ahead of everybody else, which is why it ignited the French Revolution - indeed changed the world.
You might study stock investment. KSS has run from under $44 to over $55 in each of the last three years, an obvious range play that has yielded over 25% in a few months each time.
Franklin was not optimistic. I think he'd be amazed the United States has prospered and survived as long as it has.
I agree with you, by the way.
A: Amazon does not make profit. B: Verizon/Redbox faces the same transition as Netflix: low margin streaming eating into high margin rental.
The old 'they' are at it! Must be George Sr. and the Trilateral Commissionn.
You probaby believe Exxon paid the auto industry and there's a 200MPG engine design in somebody's safe. Get over it. The industry has been researching batteries for 40 years, that I know. Lith changes the equation. Every major manufacturer is now involved. If one company succeeds, do you think the others won't follow?
The worldwide auto industry has been consolidating for more than eighty years. Huge companies have advantages in product mix, engineering, manufacturing scale/flex, risk containment and dealer distribution.
Don't get me wrong, longs. I like Tesla too. But you might be fighting a trend here.