the BOJ action just shows how desperate countries are getting. if you bought on that news, you deserve to lose your money. but please take the indexes much higher, i will gladly short later.
whether you like or hate Trump, Fox is a bunch of jerks and i want to see their ratings plunge on this "debate" i will watch can tonight. a news outlet mocking a candidate is just not acceptable.
but be careful. the retailers are showing that consumer spending is real weak and microsoft will soften a bit later in the cycle. the next couple days are probably the peak for msft
even the retail powerhouse amazon could not pump up the sales. sure sign of recession from consumers. Facebook is still doing well because marketing budgets have not been cut yet. marketing budgets get cut after the economy slows, so Facebook is a lagging sign (which is nice for FB shareholders.) the retailers fall first, then the service economy goes down next as budgets get reigned in.
dude, wake up. tim cook ignores what customers really want and so the company is floundering. if they fire tim cook i would buy apple. apple is too low to short and might rebound somewhat due to the very low share price, but the upside is limited as the company is lost under cook.
this guy lies through his teeth. watch out. apple is not a buy right now. too much downside from poor management.
cook needs to go.
the purging of the credit cycle has not even come close to fruition. china and us debt to gdp are both over 250%. that is just insane. so what happens is investors continue to flee china debt, the economy slows to zero percent growth, the chinese government sells tons of treasury bonds in an attempt to prop up their own financial system and that drives a debt problem in the US. investors finally realize that countries like argentina have a much lower debt than the US and that is when all financial assets plummet to new lows. this scenario is going to take about 7-10 months to play out, faster than the last melt-down, and this time there is nothing the fed and treasury can do to stop it, just let things fall apart and then we can start over again. we need to get some grown-ups in charge of the worlds financial markets.
activision said on the past conference call that king would be 35% accreditive to 2016, based on an assumption of closing the deal in late spring. so since that is only 3/4 of the year they are forecasting it to be included, the accretion in the final 3 quarters will be at least 40% and maybe a little higher. those numbers are not yet baked into the activision eps estimates. the king accretion is based on analyst projections for king for 2016. i imagine if king is doing less than the forecast numbers, they could cut some overhead once activision takes them over. king is launching new franchise game titles that should help them to stabilize revenues this year.
i'm getting real tired of blacks using racism as a tool to get things. enough. and i'm getting tired of the news networks that keep pushing this agenda. turned off cnn the other day and not going to turn it back on until they just stop with the politically correct news slant. most of my friends are one minority group or another, but enough with these lame "issues"
i'm not disagreeing with your thesis that now is a horrible time to be buying stocks. but disagree with the p/e thesis. you need to look at forward earnings including king which will be accretive by 35%-40%. those numbers are no longer expensive.
i agree with this thesis. the only reason the valuation has not fallen much is that they have so much cash, but the losses will start to wipe that out this year and in 2017 it is done. the mobile game space is notoriously fickle, and with ea and now activision getting heavily into the space, there wont be room for lame developers.