Tuesday, December 15, 2009, 8:36AM ET - U.S. Markets open in 54 mins..
Volatility does create opportunity for traders, presuming of course they're positioned the right way. Those leaning bullish were certainly enjoying the action midday Thursday; stocks were rallying sharply thanks largely to an upside preannouncement from Wells Fargo which overshadowed disappointing same-store sales data.
The bulls have also gotten a boost from recent government action on mark to market accounting requirements and expectations the uptick rule will be restored. These were among the "simple solutions" to revive the market suggested here in late February by Najarian.
Today, Najarian declares "the worst is over" for stocks and believes the aforementioned government actions - with more perhaps to come - will help sustain the rally in the near term. But he's concerned about the looming April 15 tax deadline and wonders if earnings will be robust enough to sustain a "protracted" rally.
Traders market? More like traitors market because of Obama the Commie destroying this country with all these socialist bailouts.
Just another suckers rally, history proves from the 70's & 80's this is just going to be a sugar fix. Market bottomed in '76 but the economy rolled over in '79 and we had a severe recession from '80-'82. The market crashed after the S & L crisis in '87-'88 but we did not go into a recession until 91-93; these two prevoius asset bubble disasters are eerily similar to this except this was like A-Rod on Steriods. This is going to be a '08 crash follwed by your typical stimulus sugar fix followed by a rollover in '11 thru '13. This doesn't begin to end for the real economy until 2013, no rush to get back into this fools gambit.
I think all problems plagueing the markets are over. We could see the rally take Dow past 15K in the next couple of months and S&P past atleast 2000 by end of May. We are in a golden bull run that should last for atleast another 5-6 years.
I like buying on the dips ....traders market can't wait till the divs roll in ....the future looks good if your young and you hold.
it make sense, sometimes when majority thought the worst may not over the actuality is it perhaps already pass it, in contrast: when you bet for best peak point, it may also over. market was driven by news and data but many of them are fake and manipulated.
Fine, limit short selling. There's ways around that; it's only slightly harder than just outright short selling. Stupid Government; it won't change the QUALITY of the companies those stocks represent.
Buy and hold is still very much alive. An investor has still never lost money in the stock market if he/she has been fully invested in any 15 year period. And most of the time he/she made lots! When stocks go down, buy more. That way you will recover much more quickly. Life expectancies are going to be 80 soon, and then 85. Anyone not in stocks under 65 is only hurting themselves in the long-term.
Cappo - Share some of that Smoke with All (420) but your idea of a Bull Market is Dillusional at best or are you really just INSANE!!!!!!!!!
Heeeeeeeeeeeeeeeeey (Here's) Johnny (As Ed McMahon used to say)... You are so wrong on so many points. Use common sense and logic and you can come to the conclusion that eventually all will be lost. It doen't take even an educated person to understand when factors as we are facing, (housing, homelessness, loss of jobs, FAKE money be electronically printed and SO ON)... that the inevitable result of our past successes (?) will lead to a nation,,, actually a world,,, without... The market will tank as the rest of the nation. It is all a scam to draw your money in as this is one of the last ways "they" can steal it (along with real estate) ,,, "semi"- legally. You really don't see all of this? Sometimes I read your comments and think maybe you are 100% literate and so clever to disguise your true self by portraying one who not only can't write past that of a pre-schooler... yet must be the most optimistic individual on the planet. I imagine you think if there is a revolt here in the USA, as it seems to be where we are headed, that everyone will be using "blanks",,, as well.
The smartest guys in the country appear to be transforming Wall Street into an online casino. Gone are the boring, tedious exercises of dragging through p&l, balance sheet and cash flow statements. How exciting and simple, by comparison, to merely follow the squiggles and talking heads!
I think Johnny Ike is into pain. Why else would this "person" (guy or girl?) remain here with so many negative comments (accurate comments though) directed to his (or her) direction?
Very timely article, good predictions, keep up the thought. Help to increase the value of FWLT and BUCY so that it will come up to the Loss point, that I can sell the dogs!
Yay Bull Market....again there are so many great once in a lifetime opportunities...stop complaining and get in the game! Or leave your money under your mattress and shut up!
Hope is driving this market! Hope for a better future! I see real hard signs that things are turning around! I am seeing homes in SCAL that’s been on the market for months now having SOLD signs; I hear positive talk from common people as I shop! This is the fact the doomest and gloomiest are afraid of! People are seeing this it’s not the end of the world but a new beginning! I for one have HOPE! Take your fear and go back to China!
Beavis, you are so correct ... these buttheads will soon be crying again after the cretin O'bumm will f* it up once again ... I figure the market may get up to 9K, unless the earnings will be bad, before it dives off the cliff to 6K ...
Mr Task please do more of these articles. Also promote RIMM, a Canadian Company that has a good product but has conned the Market since 1998 and inflated the stock. See SEC Litigations for Fraud: Feb. 17th. Please get the public to believe "We are in the Money", shades of Astaire movies of 1932ish? I hope you are correct, we need the boost.
You want to help the economy, legalize it! Does anyone know how much money the gov't makes off of tobacco? Think if marijuana was legal how much money in taxes that would generate. Plus, it would help unclog our judicial system.
Quotes and other information supplied by independent providers identified on the Yahoo! Finance partner page. Quotes are updated automatically, but will be turned off after 25 minutes of inactivity. Quotes are delayed at least 15 minutes for NASDAQ, NYSE and Amex. See also delay times for other exchanges. Real-Time continuous streaming quotes are available through our premium service. You may turn streaming quotes on or off. Fundamental company data provided by Capital IQ. Financials data provided by Edgar Online. Historical chart data and daily updates provided by Commodity Systems, Inc. (CSI). International historical chart data, daily updates, fund summary, fund performance, dividend data and Morningstar Index data provided by Morningstar, Inc. Analyst estimates data provided by Thomson Financial Network. All data provided by Thomson Financial Network is based solely upon research information provided by third party analysts. Yahoo! has not reviewed, and in no way endorses the validity of such data. Yahoo! and ThomsonFN shall not be liable for any actions taken in reliance thereon. All information provided "as is" for informational purposes only, not intended for trading purposes or advice. Neither Yahoo! nor any of independent providers is liable for any informational errors, incompleteness, or delays, or for any actions taken in reliance on information contained herein. By accessing the Yahoo! site, you agree not to redistribute the information found therein.
franck s - Thursday April 09, 2009 11:59AM EDT
Nothing but taxpayer money flowing into Wall Street, running the market up and down.