5 worries on Wall Street

[Anonymous]

$5 it is then, HWG, that SDS tops $60 by year end.

Good luck in your picks, sir.

[Anonymous]

$5 it is then, HWG, that SDS tops $60 by year end.

Good luck in your picks, sir.

[HereWeGo]

bean-
commodities includes, in great measure, basic materials as well as energy. The precious metals exposure of the fund is not terribly high. Really, my whole investment strategy is a play on the massive global build out. There are a few exceptions, but that’s the general thrust.

jg-
No need to wish me luck, as we are invested with near opposite perspectives.

I will agree with you on this – I think gold might be a decent buy sometime in the end of August timeframe, then ride it up for a few months and sell in December. That’s just a hunch based on a different point of view than most gold bugs, though.

[HereWeGo]

bean-
commodities includes, in great measure, basic materials as well as energy. The precious metals exposure of the fund is not terribly high. Really, my whole investment strategy is a play on the massive global build out. There are a few exceptions, but that’s the general thrust.

jg-
No need to wish me luck, as we are invested with near opposite perspectives.

I will agree with you on this – I think gold might be a decent buy sometime in the end of August timeframe, then ride it up for a few months and sell in December. That’s just a hunch based on a different point of view than most gold bugs, though.

[Anonymous]

Life’s getting more complicated on Wall Street:

http://money.cnn.com/2007/07/06/news/companies/goldman/index.htm?cnn=yes

(link from Drudge Report)

[Anonymous]

Life’s getting more complicated on Wall Street:

http://money.cnn.com/2007/07/06/news/companies/goldman/index.htm?cnn=yes

(link from Drudge Report)

[LA_Renter]

Dollar broke 81, yields are down, Stock market down, Rating agencies are actually rating bonds (check out the ABX), Retail stocks look weak, and you have alot of uncertainty concerning the scope of this subprime mess. I predict a stock market rally. Note: usually when I make a prediction on the market the opposite happens.

[LA_Renter]

Dollar broke 81, yields are down, Stock market down, Rating agencies are actually rating bonds (check out the ABX), Retail stocks look weak, and you have alot of uncertainty concerning the scope of this subprime mess. I predict a stock market rally. Note: usually when I make a prediction on the market the opposite happens.

[drunkle]

you put it that way and it seems a rally is in fact for certain. the more absurd, the more likely to be true… like, the housing bubble itself…

kinda horrifying since i just picked up more qid…

[drunkle]

you put it that way and it seems a rally is in fact for certain. the more absurd, the more likely to be true… like, the housing bubble itself…

kinda horrifying since i just picked up more qid…

[LA_Renter]

I can’t help but make a post on this. The front page of today’s Yahoo Finance confirms my sound reasoning for a stock market rally

STOCKS SURGE ON RETAIL SALES REPORTS (Headline at top of page)

Now here is the AP story on the same page

Stores Post Lackluster Sales in June
Stores Post Tepid Sales in June, With Shoppers Rattled by Gasoline Prices, Weak Housing Market

NEW YORK (AP) — The nation’s consumers, uninspired by this season’s fashions and rattled by high gas prices and the weak housing market, shopped gingerly last month, extending the misery of retailers who have struggled with a spending slowdown since February.

As merchants reported their June sales results Thursday, the disappointments cut across many segments of the industry including Macy’s Inc., AnnTaylor Stores Corp. and trendy apparel chain Bebe Stores Inc. One notable exception was Wal-Mart Stores Inc., whose renewed emphasis on low prices helped drive sales gains above analysts’ expectations.

“Retail sales are generally soft as we expected. Consumers look like they are holding back on discretionary purchases particularly in apparel,” said Ken Perkins, president of RetailMetrics LLC, a research company in Swampscott, Mass. He added that shoppers are “facing a long list of headwinds as they head into the rest of the summer.”

http://biz.yahoo.com/ap/070712/retail_sales.html?.v=5

DOW 15000 by October

[LA_Renter]

I can’t help but make a post on this. The front page of today’s Yahoo Finance confirms my sound reasoning for a stock market rally

STOCKS SURGE ON RETAIL SALES REPORTS (Headline at top of page)

Now here is the AP story on the same page

Stores Post Lackluster Sales in June
Stores Post Tepid Sales in June, With Shoppers Rattled by Gasoline Prices, Weak Housing Market

NEW YORK (AP) — The nation’s consumers, uninspired by this season’s fashions and rattled by high gas prices and the weak housing market, shopped gingerly last month, extending the misery of retailers who have struggled with a spending slowdown since February.

As merchants reported their June sales results Thursday, the disappointments cut across many segments of the industry including Macy’s Inc., AnnTaylor Stores Corp. and trendy apparel chain Bebe Stores Inc. One notable exception was Wal-Mart Stores Inc., whose renewed emphasis on low prices helped drive sales gains above analysts’ expectations.

“Retail sales are generally soft as we expected. Consumers look like they are holding back on discretionary purchases particularly in apparel,” said Ken Perkins, president of RetailMetrics LLC, a research company in Swampscott, Mass. He added that shoppers are “facing a long list of headwinds as they head into the rest of the summer.”

http://biz.yahoo.com/ap/070712/retail_sales.html?.v=5

DOW 15000 by October

[HereWeGo]

Target’s numbers are fairly strong.

Can’t say I’m looking to buy too much today. When the big boys want to buy that’s the time for us wee folk to head to the sidelines or maybe even take a few profits.

On another note, it’s astounding the influence of Jim Cramer over the market these days. APD – UP big, ENR – up big, CAT – up big, EMC up and capped at 19.30. Good grief.

[HereWeGo]

Target’s numbers are fairly strong.

Can’t say I’m looking to buy too much today. When the big boys want to buy that’s the time for us wee folk to head to the sidelines or maybe even take a few profits.

On another note, it’s astounding the influence of Jim Cramer over the market these days. APD – UP big, ENR – up big, CAT – up big, EMC up and capped at 19.30. Good grief.

[LA_Renter]

What amazes me is the amount of liquidity sloshing around with simply no place else to go. What worries me is the US Dollar index dangerously close to breaking the 80 floor. I am not a big fan of this economy.

[Author]

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