Good to see Alan staying at Ford as the company ramps up for a very good 2014 sales year. Never could figure out why Msft would want to hire a new CEO
Aluminum prices going to ramp higher in 2014 as world economies improve and aluminum demand increases. AA is the place to be since its dirt cheap and could easily double over the next 6 - 8 months.
We open over $16 tomorrow and climb. Allan at controls for another year (and most likely) another three years as Ford goes into the Detroit Auto Show as the "out and out" winner among the big five auto makers.
In a year Whatsapp will be replaced by some other serice, and FB will be holding a 19 billion dollar white elephant while it stock is in single digits.
Ukraine civil war is upon us and we all know tomorrow that Job Report will be awful. Can market handle double punch to the stomach. Don't think so but Uvxy sure will be happy jump 15 to 20%.
Russian President Vladimir Putin has asked the upper house of parliament to approve sending armed forces to Ukraine's Crimea region, the Kremlin said in a statement on Saturday. "In connection with the extraordinary situation in Ukraine, the threat to the lives of citizens of the Russian Federation, our compatriots, and the personnel of the armed forces of the Russian Federation on Ukrainian territory (in the Autonomous Republic of Crimea) ... I submit a proposal on using the armed forces of the Russian Federation on the territory of Ukraine until the normalization of the socio-political situation in the that country," the statement said.
Ukraine accused Russia on Saturday of sending thousands of additional troops to the southern Crimea region, which has a majority ethnic Russian population, and said it had placed its military in the region on high alert.
And you know gold - GLD will pick up speed to the downside as we get closer to Fed Jan. 17 - 18 taper decision. Gold is now pretty much history since if the Fed takes no action in December, they certainly will in January. Fed is lacking credibility especially after the September fiasco when they punted and did not taper. Now with improving jobs numbers, gdp, etc., the Fed has to put the brakes on QE or they will be a complete joke. See you all at 115
Well its a 50 -50 shot but the odds have increased of the Fed cutting back since there last statement. If I was a betting man I bet GLD drops tomorrow since QE is going bye-bye this month or next and GLD looks heading for sub $80 sometime in early January.
Agreed - seems most posters right now must be spending their time counting their Dust money versus posting here.
and I'm thinking it could happen by mid-2014 when we are trading around $20 (plus) a share.
and even at best, China stops buying gold since everyone knows China economy is rapidly slowing and phony numbers can't hide slowing exports. GLD set to fall hard next week.
Because no one wants gold in a climbing U.S. economy.
No one in there right mind would buy gold now, with the tarnished yellow metal set to fall in 2014 and beyond. You think $1200 an ounce is a good buy in price? HA
Check back in three months when Gold is trading around $800 an ounce and projected to hit $400 by end of 2014.
Robert Reich, in an essay on Salon, talks about the start-up’s selling price being the largest ever in history. The sale price, he argues, offers next to nothing to the economy despite the amount of money in cash, Facebook shares and WhatsApp stock that changed hands. With only 55 employees including the two founders, the company does not produce anything or require a large system of logistical personnel to manufacture and distribute goods. On the other hand, he continues, the middle class and blue-collar workers that built America’s economy through the 20th century continue to be victimized by so much money being handed over to so few people with so much power via the Web.
Don't know about you but I sure do see "dark storm clouds" forming over bull market and they seem to be getting darker by the minute.
U.S. manufacturing output unexpectedly fell in January, recording its biggest drop in more than 4-1/2 years, as cold weather disrupted production in the latest indication the economy got off to a weak start this year.
Though consumer sentiment was some what steady in early February, there are worries the harsh weather, which has persisted in many parts of the country, will dampen the morale of households when it starts to stretch budgets through high bills for heating. Look for auto sales to fall off, retail sales to fall off, airlines sales to fall off, etc. Its all going to add up to a "huge" drop in GDP and consumer confidence.
Agree - also volume level has picked up substantially over last few weeks. New buyers coming in knowing Znga coming out with new games, new company strategy.
Come Monday markets will hear St. Louis Fed chief James Bullard, a centrist, and two who want the Fed to quickly end its bond-buying: Dallas Fed chief Richard Fisher and Richmond Fed chief Jeffrey Lacker. Majority of Fed members now want to end QE, so Bernie either starts in December or more likely gives a strong hint that the Fed starts tapering in January. You know GLD is going down simply because the Fed is now forced to taper sooner versus later. Question is how big of a plunge does GLD swallow week in, week out.