U.S. firms globally competitive, U.S. workers aren’t
That above line, is the title of an assinine yahoo news article.
Of course "firms" are competitive, while the workforce "isn't".
That's because the ultimate goal of every firm out there is to get as close to free labor as possible, while the typical American worker tries to get the best wage possible.
In many countries, the goal is to not get shot down by your evil government. That's the workforce of tomorrow we're talking about should the citizens of the US not wake the eff up. Examples of such countries include China and Mexico, and companies headquartered here are free to plunder those workforces, rather than pay up for quality U.S. citizen worksmanship.
Frigz the globalists and their B.S. we should be raising standards internationally, not compromising our own.
Pollution and corruption are perfectly fine, and sanctioned, as long as they happen abroad, while you gorge on your fast food and watch your reality TV shows.
As for the market, I suspect an exit prior to mid October would be wise. You can always revisit the idea later.
I remember when droll alert was "palerider", but I sure do miss "polerider"
Nyuk nyuk nyuk!
woob, woob, woob.
To get long the silver.
I recommend the "Fizzzzzzzz-acle".
I mentioned a couple months ago, by that dip. We went sideways and up since. Don't expect it to go down much from here.....it's tending. This next move will see lifetime highs beyond the expectations of most.
This is only going to work for those of you, who have been holding shares of quality stocks for many years.
Short some near the money, or even in the money calls, with LEAP expirations.
If you're like me you'll be taking some of the premium and buying some "junk" bearish ETF calls with the income, or possibly some puts on select symbols.
I mentioned the same technique last year, and I'll mention it again now. The benefit is that you're using other traders money to take a crack at something going against the trend. The trade off, or downside, is that it can "water down" your profits.
Valuations are getting rich, and investors are starting to get complacent, if not downright euphoric. This in the face of fundamentals that are worse than 1999 or 2007.
You can't rule out a year or even several more years of this kind of action. Today we saw the markets open deeply lower, then rise throughout the day.
The interesting thing is, despite rising all day, the markets still ended the day with a loss, and finished on a down note.
So lets get back to the strategy. Being short calls against the stocks you hold long term like this can at least protect you to some extent in the face of a nasty down move. Those usually come when the bullish cheerleaders of the world consider impossible.
Over, and out.
We're looking for volunteers.
Those who think "Reduce population" is a good idea can go first.
That's great, but what happens if they successfully rebel against the Rothchilds?
Maybe there is free money after all.