Sunday, November 8, 2009, 7:44AM ET - U.S. Markets Closed.
Short term memory loss? The power of greed and money? Whatever the cause, the retail investor is once again piling into riskier assets so soon after being burnt in 2008. While investors are still playing it safe with U.S. Treasuries and money market funds, they’re also chasing gains across more volatile asset classes, The Wall Street Journal notes.
According to Morningstar Inc. from January to May this year:
Granted, all these areas have done well this year but, OptionsMonster co-founder Jon Najarian says don’t follow the pack. "Unfortunately the timing here really couldn’t be worse, for all three of those areas," he says. Why? The rally has been extreme, oil prices are falling and U.S. business inventories are not low enough to drive manufacturing production in Asian markets.
Najarian tells investors to resist temptation and instead "do the opposite" of what the "hot money" is chasing. A believer in the sectors’ long-term potential, he’s waiting to see a 10%-15% correction in energy and emerging markets before buying again.
You should always buy stocks at the bottom. In the mean time stock up on can goods and energy bars.
I see a Faberesque pony tail. Yes I do.
I"m tired of the Obama bashing. Over a period of 20 years, 3 Republican presidents ran outrageous budget deficits and tripled the national debt, and not a peep of protest about it from Republicans. Then they all just chanted the Reagan mantra "deficits don't matter". When Bill Clinton actually ran budget SURPLUSES his last two years of office, where was the high praise from Conservtives? Obama inherited an economy destroyed by G W Bush's incompetent policies, and he's trying to get it back on track with stimulus packages. And, of course, Republicans all thought speending billiions on econoimc stimulus was a great idea wheh Bush was president.
All American Spending anyhow on credit..........It is the way of life..........Like everybody individual........He investing the barrowed Captial to stimulate growth in the economy...... In short He is Investing it .........
I"m tired of the Obama bashing. Over a period of 20 years, 3 Republican presidents ran outrageous budget deficits and tripled the national debt, and not a peep of protest about it from Republicans. Then they all just chanted the Reagan mantra "deficits don't matter". When Bill Clinton actually ran budget SURPLUSES his last two years of office, where was the high praise from Conservtives? Obama inherited an economy destroyed by G W Bush's incompetent policies, and he's trying to get it back on track with stimulus packages. And, of course, Republicans all thought speending billiions on econoimc stimulus was a great idea wheh Bush was president.
The Retail investor is the dumb money. I think that honour belongs to Wall Street's now defunt banks and brokerages. There is always winners/losers in any game, and trying to time the market on a short time basis is always tricky especially when the present gov is getting so envolved in private business. So my stupid retail advice buy when market is down and never sell 100% of your holdings at one time,retain 25% that you never sell and make sure it has a dividend and a drip program. Live below your means, pay your house mortgage off and never refinance. Oh and make sure the kids are out of the house by 23 cause they keep on sucking your bank account dry.
The key to wealth in this economy is just being able to invest - so many are unemployed/underemployed that there is really no dollars left to invest. If you are not a 'transactional trader' then dollar cost average into any sector you like - the market is at a generational low! We're all NOISE TRADERS!
Has anyone else noticed that this economic problem is metamorphising into somthing much more gigantic. It appears that the 600 trillion derivatives market is almost certain to collapse with the dollar collapse. RUN FOR YOUR LIVES!
I"m tired of the Obama bashing. Over a period of 20 years, 3 Republican presidents ran outrageous budget deficits and tripled the national debt, and not a peep of protest about it from Republicans. Then they all just chanted the Reagan mantra "deficits don't matter". When Bill Clinton actually ran budget SURPLUSES his last two years of office, where was the high praise from Conservtives? Obama inherited an economy destroyed by G W Bush's incompetent policies, and he's trying to get it back on track with stimulus packages. And, of course, Republicans all thought spending billiions on economic stimulus was a great idea when Bush was president.
Audit the private company that is called the Federal Reserve. Anyone who plays in a plunge protected market is asking to loose their money
Jon is a smart guy. The pony tail is growing on me.
One of the better articles of late, but should go into more detail and expand on all the facets of the Market. What is going on, why, to whom, and how, we know when, and where, we are getting it? What is the "New" High, like Sep, Jan? Are we working down from there?
That's funny, I see all the "smart" guys are short energy right now. It isn't the dumb money that is dumb money, it is the smart guys on TV which are dumb money.
Obviously they will. The government will bailout them. In the worst case government will bailout guys those will pay them on swaps. A tax payer will pay for everything any way. Guys are trying to get as much as possible before US dollar dives on default. The government just fueling the broken system more and more, why not to use it?
Jim, we will bash Obama until he is gone. The guy is ruining the country in less than six months. He has spent more to create a larger debt than ALL previous administrations COMBINED. Why can't you die hard Obama heads get it? The guy is destroying the country and your blind faith is not helping. Get with the program. We need change alright. We need change to common sense. The kind that knows this spending spree of money that is not there has to be stopped. Just look at history, remember it repeats itself. It is repeating every single spending Democrat admin right now but to a magnitude of OH MY GOD levels. Debt creation only creates poor people. How much debt do you have? How rich do you feel with that debt. How do others perceive you when they know how much debt you have? You can not spend your way out of debt. IT DOES NOT WORK. Why is that so hard to understand? Can't you even see that every single penny of stimulus is nowhere to be seen? That is because every penny got tucked away into savings from fear of all this government spending and how it is affecting the dollars the people hold. Jeez man, what does it take?
Previous report about Obama's college records is a Falce Rumor, urban legend: http://www.snopes.com/politics/obama/occidental.asp Stop being a moron and spread your grandma's rumors.
I knew we should voted for Sarah Palin. This country would be in much better shape if we did. But, we're going to have another chance since she now resigned from Alaskan governorship. Go, Sara! This country deserves you. Put your "Proud To Be Valley Trash" shirt on, the nation is waiting.
Gentlemen, ladies, Fraud is a way of life today in Politics, and the Stock Market. It is condoned by "you" the Investor and voter, as long as you continue your part of the Charade. On a "momentary, daily" basis the records are showing (DOW) & (SEC), that your money is going to the Fraudors, Bubba! My Advisor, the Guru, and I, are going to discuss the matter? Fraud is OK "if", you make money!
Johnny Ike should just shut up. Everyone who reads these is so tired of seeing your valueless comments. Please smash the hell out of your keyboard or fingers.
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Yahoo! Finance User - Monday July 06, 2009 12:16PM EDT
Najarian-- Why are you wasting your time talking to Task?