yeah, ok, true, but I think it is about politicizing extreme aristocratic interests. As long ago I could support national candidates for the Republican party, but yes, they have gone radical right, and that is something which I have no common ground with. Hey on the Walmart side, I agree with the guy who is wondering why Walmart is going in deep debt? Are these people who run Walmart trying to develop a bankruptcy down the road. You know how it works. Look at all of the big companies that go broke that should never have gone broke. GM, the big con corporate bankcruptcy. Wipe out the shareholders. Turn the new GM over to the lenders. Siphon off foreign assets separate from the bankruptcy and you GM China 51% private, with the assets from America.
On the plus side. I was out to Sam's Club, and wow, people were zooming around here with shopping carts overloaded, me included. I spent $367 and will save that much if I had bought everything here and there over the next year. I did that to teach myself a lesson about losing 9% in one trade in three days. I messed up on the trade and if I had thought about it, I would have not traded or done the exact opposite, which I could have done.
After a nice run on the Nasdaq, Facebook and its CEO are selling a big block of shares. Wall Street’s reaction: We’re selling, too.
Facebook says it is planning a secondary sale of 70 million shares, which at yesterday’s closing price would be worth about $3.9 billion. Investors are using the news as a reason to move their own shares, so Facebook’s price has dropped by as much #$%$ percent in pre-market trading.
plus PE is low, there is a dividend, earnings are good, company looks solid. Negatives are usual insider pressure on profit taking on excess share options; debt (but this company is a company builder too). That widespread use of Intel technology, advancing technology, and profitability, make INTC a buy compared to many SP500 and DOW components with way higher PE's and lesser earnings. What this fortells is a possible close in the gap between INTC and the indexes. If the market moves down for awhile, the quarterly dividends are still there. Yeah, INTC - I am all in.
thumbs up on that iitriumv. it seems safe to buy the pullbacks until analyst reports and earnings reports coming up in a few weeks. the $/NOK plays out directly in the price of STO vs. STL.OL. If the dollar weakens STO goes up just from that effect. I never liked trading currencies. The largest trader in the world is US gov. trading office.
Buy pullback if it happens on Monday and Tuesday. Support at 175
on the bullish side I added to Intel, Statoil, Powershares Emerging Markets Sovereign Debt, and Silver. But if this all slides in another big crash I am just going to collect dividends if they keep paying.
So if you think you want the currency hedge built into your oil stock it is a good long term buy. I do not know jack ___ about which way currencies will go, but there are a boat load of dollars it seems. I bought STO today feeling like a small percentage is good. It still has the dividend. Also I think the earnings will be astronomical due to the gain on sales of oil in the ground. The thing the Norwegian government does that hurts STO is putting too many krones into circulation. So if that is detectable then traders will shy from the krone. I have no clue on the currency trading as the governments are the big traders.
It also shows how much indexes now correct as in the past two crashes. Then the real portfolios get really bashed as companies in the portofolios go broke. The indexes just put a new player to plug the gap. Otherwise the averages would be just like the realtime portfolios or worse. But if you think a bigger correction is coming maybe buy some puts out there and down there, but I get murdered everytime.
Will the Fed just start putting the new money in the Treasury instead of its own pockets, like it should have a long time ago? I am the most bearish now than ever.
But on the 5 year it is lower than ADR. currency difference about flat
The high PE from the beginning has kept my money out. And no dividend when she tanks. Then everybody up here who holds become a bagholder. I never hold the bag. I learned my lesson two crashes ago
It is only a matter of time. Mine and process costs are inflating tremendously. Silver price charts and technical trading mean little. Buying silver here and on down should return nice returns. China continues to be a leading consumer
I checked the map. Mt. Sinabung is only 20 or so miles from the massive Lake Toba which was the worlds worst caldera explosion 77000 years ago. I am out of the market but may buy puts again. Sinabung is intensifying and erupted 220 times this week. It has been active since Sept.
wallis, what the hell does that mean when our paranoid brain says i am fake. you are confused. look at my posts, i am a genuine cross dresser!!!!
I did not realize that the fluctuation has been so high. On the long term chart the krone has been up over 9 krone to the dollar. I am happy to have money in an ADR tied to the Krone. It is a wild ride but gives some stabilization in the portfolio if the dollar goes to hell. All I can see is a return to 9 krone, because it has happed before and it seems that the flood of dollars will catch up to the exchange rate. However I have no clue, only I see 9 krone has happened twice in the last 20 years. The current trend in STO in Norway is up, and the current trend of the krone is up. You are right on this variable.
I took the time to plot out STO vs. the $/NOK for 4 different points of significance. Feb.11, 2002, Dec. 8, 2008, Jan 2, 2013, and May 19, 2008. Then I graphed it out and connected the 4 dots. It comes from STO vs. NOK=X which is $/NOK or Norwegian krone. Today for instance the dollar is getting quite a bit weaker and it is taking STO down with it. The dollar getting weaker hurts STO a lot. Who has flooded the world the most the $ or the Krone. Seems that it STO faces a lot of excess dollar headwinds. More dollars drives $/NOK up which is related to STO being traded down by currency/ STO traders, aka US government and owners trading houses. More likely owners trading houses which basically own the US Treasury on their own behalf, as usual and getting worse.