Amazon has a market cap of $150 billion. Does that make any sense? Is it really that much different from CYNK in terms of profits?
I’ve been bullish long-term treasuries for the past year, and still am, but I won’t always be. As the Fed has tapered its bond purchases, the yield on the 30Y has dropped over 70 basis points. This is perfectly consistent with the behavior of rates at the completion of both QE1 and QE2, when the yield on the 30Y dropped over 100 basis points in a matter of months. I think we still have another 30-50 basis point drop ahead of us. But once the stock market goes into correction mode (like it did after QE1 and QE2), and a new deflationary pulse appears in the economy, the Fed will panic and announce QE4. And just like every other iteration of QE, rates will begin to rise as inflation expectations rise (and everyone has new hope that the “recovery” is just around the corner). And that’s when I’ll become a seller…
If you can find the Yahoo Finance Feedback page (not easy), someone has posted the problem there. It's currently ranked #17 on the list. If you "Vote" for it, you can move it up the list and maybe get Yahoo's attention.
The time to short TLT will be when the Fed starts QE4. It all works the opposite of the way most people think. Treasury rates have actually increased during each episode of QE (because QE increases inflation expectations), and they've dropped each time QE was completed. After both QE1 and QE2, interest rates fell over 100 basis points within months.
It's not bumping topics to the top after comments are made, and it's not updating the name of the most recent poster (it just keeps the original poster's name in that column). There's a thread on this topic in the Yahoo Finance help section, currently ranked #23. If you can find that area (it's not easy), you can "Vote" on that that thread, driving it to the top and hopefully getting Yahoo's attention. It's amazing that they're not aware of a problem of this magnitude.
The message boards aren't updating the names of the most recent poster, and continues to show the original poster's name, no matter how many replies. And at least on my computer, the new replies are not sending the topic to the top of the list. This has been happening on my computer for days - is everyone else experiencing this?
Remember Devil's Tower from Close Encounters of the Third Kind? That's what the Cynk chart is going to look like after today. Could this be some sort of sign from the mother ship?
For the last few days, if someone comments on a topic thread, that topic is not moving up to the top of the list like it normally does. And I'm not seeing the name of the person who made the latest post on a topic (just the name of the original poster). Is this happening for everyone else, or has my laptop gone crazy?
Amazon went public 17 years ago. I'd say that's more than enough time to start producing an income stream for your investors. But there's always a sucker somewhere, and Ponzi schemes like amazon will take full advantage of the sheep for as long as they can...
By the way, riverwins, we continue to inch closer to my TLT target of $125 and further away from your target of $85. I hope you closed out of your TMV position long ago...
Possibly. I tend to think the various QE episodes increased inflation expectations, and since inflation is the primary determinant of long-term interest rates, rates increased during QE1 and QE2. And when the QE stopped, in both instances rates fell over 100 basis points in a matter of months. I'm personally loaded up with long-term treasuries and expecting another 40-50 basis point drop as QE3 winds down. When the stock market throws another tantrum over the lack of QE, and the Fed starts QE4, that's when I'll be a seller.
It's an interesting philosophical question, and one that Mark Cuban has answered in the affirmative. If you're not buying an income stream for yourself, you're really just buying something that you hope to sell to a greater fool somewhere down the line. People can obviously make money doing that if their timing happens to be just right (meaning lucky), but I personally gravitate towards investments that provide me with an income stream, whether it's a piece of commercial real estate, or a bond, or a stock. I'll leave the non-dividend stocks to the speculators.
Once the Fed stops buying treasuries, rates will drop just like they did after QE1 and QE2.
The Fed has not admitted a bubble in treasuries. They mentioned possible bubbles in high yield (junk) bonds, and certain classes of stock. I'd argue that the complacency is in the stock market, and the smart money is rotating into treasuries (credit anticipates and equity confirms). The yield on the 30Y is headed below 3%, and it doesn't matter one way or the other who wins the Senate...