Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

Investment & Finance Thread (Apr. 13 edition)
Daily investment & finance thread ^ | April 13, 2014 | Freeper Investors

Posted on 04/13/2014 3:35:12 PM PDT by expat_panama

Investment & Finance Thread (Apr. 13 edition)

This is the thread where folks swap ideas on savings and investment --here's a list of popular investing links that freepers have posted here and tomorrow morning we'll go on with our--

 

Open invitation continues always for idea-input for the thread, this being a joint effort works well.   Keywords: financial, WallStreet, stockmarket.

======================

 

OK, so if April began with "a heck of a week", then it's moving along with another one that's even more so; we're seeing gold'n'silver maintain a rebound and stocks hammering down new lows (from here). 

(click to enlarge)

There're many opinions from say, CNNMoney, Investing.com, FTLondon, as to what it all means, but imho Investing Daily (not to be confused w/ IBD) says their take is that this latest shift is money not fleeing the markets but rather 'rotating' from one set of sectors (including 3D printing & exotic meds) to stodgy big caps. 

 

Maybe kind of like what we had at the end of the 'dot.com' bust where the big caps just kept chugging along while the NASDAQ got creamed.

(click to enlarge)

I mean, last Fri. we just saw the NASDAQ crush thru it's longer term support while the big cap Dow/S&P's haven't even got to their support levels yet.  My thinking is that this was kind of foretold a week ago when we were watching the techs limping even while the big kids were pegging new highs.

 

So let's fast-forward to this week's office stock strategy pool.  I'm voting for watching for this correction's 'follow-thru-day' and moving back in and enjoying the next run-up. 


TOPICS: Business/Economy; Government; News/Current Events
KEYWORDS: financial; stockmarket; wallstreet
Navigation: use the links below to view more comments.
first 1-2021-4041-6061-73 next last

1 posted on 04/13/2014 3:35:12 PM PDT by expat_panama
[ Post Reply | Private Reply | View Replies]

To: abb; Abigail Adams; abigail2; AK_47_7.62x39; Aliska; Aquamarine; Archie Bunker on steroids; ...

Sunday new-thread ping!

2 posted on 04/13/2014 3:40:57 PM PDT by expat_panama
[ Post Reply | Private Reply | To 1 | View Replies]

To: All

Anybody buying the dips? I’m watching and waiting myself. Sticking with my cores in PMs mostly.


3 posted on 04/13/2014 3:55:39 PM PDT by BipolarBob
[ Post Reply | Private Reply | To 2 | View Replies]

To: BipolarBob

Gold is up almost 10 in overnight trading.....Ukraine may hit the front burner.


4 posted on 04/13/2014 4:20:19 PM PDT by Red in Blue PA (When Injustice becomes Law, Resistance Becomes Duty.-Thomas Jefferson)
[ Post Reply | Private Reply | To 3 | View Replies]

To: expat_panama
You bulls had best hope something constructive happens this week.

Given that we've just gone into the first big week of earnings season, some companies had better show real good quarters. You'll note, Pete, that numerous of the "mo-mo" darling stocks have already had the snot beat out of them over the past 3 weeks.

Well, 2 of those, GOOG(L) and CMG report this week and, candidly, if I had to have a position (other than arbitrage, naturally) I had much rather be short these two than long, for the near term (at minimum).

This is the time, if ever there was, for the paired vertical call/vertical put trade. However, only put this on on the day before earnings are reported, and ideally with just an hour or so remaining in the day session.

Good trading to all!

5 posted on 04/13/2014 5:05:26 PM PDT by SAJ
[ Post Reply | Private Reply | To 2 | View Replies]

To: SAJ
numerous of the "mo-mo" darling stocks have already had the snot beat out of them

Yeah, been following that.  Kinda got me a bit confused like I was wondering about the fact that if a stock reverses lower then it (by definition) no longer can be referred to as a 'momentum' stock --but I know what you mean.   Sold the last of my CMG three weeks ago; usually I sell when I get a  loss of more than 7% but this time I decided not to wait so long.

But yeah, I'm expecting to see a lot of new ones on the darling list; the past couple weeks the IBD 50 has been seeing a lot of turnover.

6 posted on 04/13/2014 5:56:12 PM PDT by expat_panama
[ Post Reply | Private Reply | To 5 | View Replies]

To: BipolarBob
buying the dips?

That's always the ideal, but before buying back in my problem is figuring out when the dip has really for sure finished all the rest of of its 'dipping'...

7 posted on 04/13/2014 6:00:15 PM PDT by expat_panama
[ Post Reply | Private Reply | To 3 | View Replies]

To: expat_panama

Is the blood moon tomorrow night a buy or sell signal? ;^)


8 posted on 04/13/2014 6:08:49 PM PDT by Lurkina.n.Learnin
[ Post Reply | Private Reply | To 7 | View Replies]

To: Lurkina.n.Learnin

I don’t see how it could be a “buy” signal.


9 posted on 04/13/2014 6:55:50 PM PDT by BipolarBob
[ Post Reply | Private Reply | To 8 | View Replies]

To: BipolarBob; Lurkina.n.Learnin; SAJ

Seems it will run from 1:58 to 4:25 AM EDT so trades affected will only be those placed where it’s visible (the Americas) and on exchanges that are open (European).

I think.


10 posted on 04/13/2014 7:08:15 PM PDT by expat_panama
[ Post Reply | Private Reply | To 9 | View Replies]

To: expat_panama; Wyatt's Torch

Critiques or comments?

The slumps that shaped modern finance

http://www.economist.com/news/essays/21600451-finance-not-merely-prone-crises-it-shaped-them-five-historical-crises-show-how-aspects-today-s-fina


11 posted on 04/14/2014 2:40:18 AM PDT by 1010RD (First, Do No Harm)
[ Post Reply | Private Reply | To 1 | View Replies]

To: abb; Abigail Adams; abigail2; AK_47_7.62x39; Aliska; Aquamarine; Archie Bunker on steroids; ...

Happy New Week to All!!!  Today we got Retail Sales coming out before opening bell, and our futures traders are putting metals'n'stocks flat right now.  More news:

Please note that last one (hat tip to Chgogal) the way it shows not only that taxes have consequeses, but also that the fact that shareholders are owners.

12 posted on 04/14/2014 4:25:30 AM PDT by expat_panama
[ Post Reply | Private Reply | To 11 | View Replies]

To: expat_panama

KCG Morning Update:

U.S. stock-index futures fell, following the Standard & Poor’s 500 Index’s worst week since 2012, as investors awaited earnings and retail-sales data, while violence escalated in Ukraine.

Citigroup Inc. lost 1.9 percent in Germany before it reports first-quarter earnings. Johnson & Johnson retreated 1 percent after Jefferies Group LLC cut its rating on the drugmaker’s shares.

S&P 500 futures expiring in June declined 0.1 percent to 1,809.5 at 6:10 a.m. in New York. The S&P slid 1 percent on April 11, completing its worst week since 2012, as technology shares dropped on valuation concerns and JPMorgan Chase & Co. tumbled after reporting first-quarter profit that missed
analysts’ estimates. Dow Jones Industrial Average contracts lost 21 points, or 0.1 percent, to 15,960 today.

“There’s some nervousness around the U.S. earnings season and obviously with the added geopolitical worries, that’s enough to unsettle some investors,” said Henk Potts, who helps oversee about $310 billion as a strategist at Barclays Wealth & Investment Management in London. “We had JPMorgan come in below expectations so it’s clear it’s been a pretty tough quarter for U.S. financial services. We’ll get a much better picture of corporate America come this week with some more earnings coming
through.”

M&T Bank Corp. also posts earnings today, while Coca-Cola Co., Goldman Sachs Group Inc., Yahoo! Inc., Google Inc. and General Electric Co. are among companies scheduled to report later this week.

A Commerce Department report at 8:30 a.m. in Washington may show that retail sales rose 0.9 percent in March, according to the median forecast of analysts surveyed by Bloomberg. Sales increased 0.3 percent in February.

European stocks fell for a third day, after completing their worst week in a month, as investors
weighed increasing violence in Ukraine. U.S. stock-index futures were little changed, while Asian shares dropped.

PSA Peugeot Citroen slid 4.4 percent after saying it will cut its model lineup by almost half. Kuehne & Nagel International AG lost 3.4 percent after the world’s biggest sea-freight forwarder reported first-quarter sales that missed estimates. Symrise AG dropped 2 percent after offering to buy Diana Group. Glencore Xstrata Plc rose after selling its stake in the Las Bambas copper mine in Peru.

The Stoxx Europe 600 Index fell 0.5 percent to 327.07 at 12:12 p.m. in London, posting its fifth decline in six days. Standard & Poor’s 500 Index futures gained less than 0.1 percent, while the MSCI Asia Pacific Index lost 0.3 percent.

• Support:1808, 1801, 1780
• Resistance:1829, 1842, 1863

Projections that earnings will rise much faster than sales at U.S. companies may be too optimistic, according to Andrew Burkly, an Oppenheimer & Co. strategist.
The CHART OF THE DAY displays the projected percentage gaps between profit and revenue growth for companies in the Standard & Poor’s 500 Index through 2016, according to data compiled by Bloomberg from analysts’ estimates. Quarterly figures for last year are included for comparison.
Analysts are looking for the S&P 500’s first-quarter earnings to increase 1 percent, or 1.9 percentage points less than sales. They see profit leading by 3.6 points in the second quarter, 5.2 points in the third and 6.2 points in the fourth.
Companies will have to increase profit margins to records to meet estimates, Burkly wrote two days ago in a report. The result is “a scenario we view with ongoing skepticism,” the New York-based portfolio strategist wrote.
The margin for U.S. companies during last year’s fourth quarter was the highest since 1950, according to data compiled by the Commerce Department. Earnings for the period amounted to 12.7 percent of revenue.
Finding ways to reduce costs and make workers more productive will be “an increasing challenge,” Burkly wrote, adding that many companies lack the pricing power to bolster revenue. “Forecasts for earnings growth will have to be pared to allow companies to satisfy investor expectations,” he wrote.


13 posted on 04/14/2014 5:27:43 AM PDT by Wyatt's Torch
[ Post Reply | Private Reply | To 12 | View Replies]

To: Wyatt's Torch

stocks starting out strong...


14 posted on 04/14/2014 6:29:27 AM PDT by expat_panama
[ Post Reply | Private Reply | To 13 | View Replies]

To: 1010RD
very very interesting --tx!  

Seems a lot easier to read after reformatting & turning it into a pdf though.  At first glance I saw a few leftwing bias errors but I'll still study it for the rest of the info.

15 posted on 04/14/2014 6:36:33 AM PDT by expat_panama
[ Post Reply | Private Reply | To 11 | View Replies]

To: expat_panama

There’s no escaping leftwing bias errors. To be “educated” in the 20th century is to be indoctrinated by communists and other travelers in their caravan.

Ping me with your thoughts when you get the chance, please.


16 posted on 04/14/2014 7:32:44 AM PDT by 1010RD (First, Do No Harm)
[ Post Reply | Private Reply | To 15 | View Replies]

To: expat_panama

I’ve seen that story about “high 401k fees” in several places lately. Just wondering...

Don’t they mean “mutual fund fees”? They contrast it to index funds, so it seems to me they mean mutual fund fees. Or are there some 401k fees that aren’t related to the funds offered?


17 posted on 04/14/2014 8:45:42 AM PDT by Abigail Adams
[ Post Reply | Private Reply | To 12 | View Replies]

To: Abigail Adams

From what I’m able to glean from the story it’s looking like the 1% management fees for the 401k plan itself, not the funds that are held by the plan.


18 posted on 04/14/2014 9:20:58 AM PDT by expat_panama
[ Post Reply | Private Reply | To 17 | View Replies]

To: expat_panama

This is the part that makes me think they mean mutual fund fees:

“The higher fees often accompany funds that try to beat market indexes by actively buying and selling securities. Index funds, which track benchmarks such as the Standard & Poor’s 500, don’t require active management and typically charge lower fees.”

Here’s another similar story I just happened across:

http://dfm.twincities.com/article/learning-about-fees-charged-to-your-401k-could-take-serious-sleuthing/404af71fcfdde415a7954308855b68bf

And it says:

“Most fees —more than 80 percent of them — are covered by a plan’s ‘expense ratio.’ The expense ratio includes recurring fees you’re charged when you invest in a fund.”

Don’t they mean a “fund’s” expense ratio, rather than the “plan’s” expense ratio?

It’s just bugging me cuz I like accuracy. And these stories floating around lately make it sound like it’s fees related to just being in a 401k, when in fact I think they mean mutual fund fees. It’s like they’re dumbing it down on purpose for the low-information types.


19 posted on 04/14/2014 12:06:02 PM PDT by Abigail Adams
[ Post Reply | Private Reply | To 18 | View Replies]

To: Abigail Adams

We’re together on the understanding that news stories are too inacurate for money decisions. If you’ve got a 401k then you can get the answer w/ a phonecall/email. If you don’t (like me) then you’re free.


20 posted on 04/14/2014 12:18:07 PM PDT by expat_panama
[ Post Reply | Private Reply | To 19 | View Replies]


Navigation: use the links below to view more comments.
first 1-2021-4041-6061-73 next last

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson