Stock Market Talk

Nice to see you, HG.

We'd be at E right now if the Fed wasn't pumping $85 billion a month into the stock market. It's hard to find enough sellers to overcome $85 billion a month.

Originally Posted by Chris90

Nice to see you, HG.

We'd be at E right now if the Fed wasn't pumping $85 billion a month into the stock market. It's hard to find enough sellers to overcome $85 billion a month.

Basically very true lol.. Until that invisible hand stops with the stroking we continue to see market support. They pretty much took all the shorts into being bankrupt.

Originally Posted by HGilmore

Hey gramps...600 S&P huh?

Not till the last little guy gets in.

Psst...that would be YOU...

Originally Posted by ponzi1

Hey gramps...600 S&P huh?

Not till the last little guy gets in.

Psst...that would be YOU...

Awesome! Any kids yet?

Originally Posted by Chris90

Nice to see you, HG.

We'd be at E right now if the Fed wasn't pumping $85 billion a month into the stock market. It's hard to find enough sellers to overcome $85 billion a month.

Thx Chris. Good to see you and a few others from the crazy old days still hang'n. Hope all is well.

Originally Posted by hgilmore

awesome! Any kids yet?

lol

Originally Posted by HGilmore

Awesome! Any kids yet?

Imagine this. A technical discussion on market trends. Funny I find myself here.

More on topic: Today we are seeing another 1%+ climb. Fundamental problems have not been sorted. IMO correction is imminent.

Originally Posted by kk22

Imagine this. A technical discussion on market trends. Funny I find myself here.

More on topic: Today we are seeing another 1%+ climb. Fundamental problems have not been sorted. IMO correction is imminent.

I don't see how sellers can overcome $85 billion in Fed printing each month, most of which goes directly into the markets. This is more money than all the 401k contributions in the country combined.

Maybe you'll see a 5-8% traders correction, just to shake the tree a little bit. No more than that.

Originally Posted by beewang

AAPL.... My techincal analyguess show around $389.

Google at $838 today. Been doing well recently.

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Double posted..

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Jade Vu?

The apple doesn't fall far from the tree?

Like father like son?

What has been is what will be,
and what has been done is what will be done,
and there is nothing new under the sun.
Is there a thing of which it is said,
“See, this is new”?
It has been malready
in the ages before us.
- So said Koheleth, king over Israel in Jerusalem.

Hong Kong market has been in sell-off mode over the last 2 months. The Japanese are happier off with a weaker YEN while the US market is still on steroids.

Originally Posted by stylinexpat

Wait and see.. Sooner or later that Japanese Yen is going to kick that bucket. No way this YEN can hang around 80 to the Dollar.

Now we are just over 97 at 97.56 and I see it dropping further. Last quarter most manufacturers in Japan were almost bankrupt due the Japanese Yen Currency appreciation and add that to people spending less is why we saw many many companies and manufacturers in Japan lose Billions of Yen.

http://www.marketwatch.com/investing/currency/usdjpy

What is happening today in China with the Chinese Yuan appreciating against the USD is exactly what happened with the YEN against the USD and after the appreciation it will tank quickly. I reckon the YUAN will do the same and then drop hard after. For the time being thought it will continue to climb from what I see.

Gold has been taking a major beating this last week. Maybe this market rally run is coming to an end soon...??

Asian stocks are down too here in Asia today adding to losses from Friday.

Gold down almost another 6% today again. Asians tried to buy the dip but US futures started and European markets started trading it just dropped again. Something is cooking and it is not good.

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Gold down over 7% and market is down. This market crash is long over due. SPY puts are a good bet these days. Gold tanking over 5% on Friday and then over 7% on Monday is beyond normal activity or trading.

Anyone see a big stock market crash looming? Over the last month major selling was taking place here in Hong Kong as well. Locals say overseas funds have been pulling out.

Originally Posted by stylinexpat

Now we are just over 97 at 97.56 and I see it dropping further. Last quarter most manufacturers in Japan were almost bankrupt due the Japanese Yen Currency appreciation and add that to people spending less is why we saw many many companies and manufacturers in Japan lose Billions of Yen.

http://www.marketwatch.com/investing/currency/usdjpy

What is happening today in China with the Chinese Yuan appreciating against the USD is exactly what happened with the YEN against the USD and after the appreciation it will tank quickly. I reckon the YUAN will do the same and then drop hard after. For the time being thought it will continue to climb from what I see.

We are over 101 YEN to the Dollar. I am seeing 110-120 YEN to the Dollar. This should be fruitful The Chinese are most likely doing what the Japanese did as well which is milking up their YUAN which is just over 6.14 to the USD. I am thinking roughly 5.8-6.00 before the big crash after just like the YEN.

Should have played TELSA earnings. That should have been a no brainer after BYD earnings had come in on the Hong Kong Stock Exchange. BYD is up around 50% within 2 months in Hong Kong as earnings beat. Freakin Warren made a killing off of BYD recently. Profit potential for BYD in China is huge if they get all cities to used BYD taxis and BYD buses Buses are supposed to be around $800K per bus. Figure how many electric buses China will need and I do believe that they will buy these taxis and buses to tackle their pollution problems in China.

http://www.foxbusiness.com/news/2013...profit-plunge/

http://www.aastocks.com/EN/ltp/LTP_R...06_120020.html

http://www.theatlanticwire.com/globa...bad-air/64500/

Originally Posted by MatWiz

Jade Vu?

The apple doesn't fall far from the tree?

Like father like son?

What has been is what will be,
and what has been done is what will be done,
and there is nothing new under the sun.
Is there a thing of which it is said,
“See, this is new”?
It has been malready
in the ages before us.
- So said Koheleth, king over Israel in Jerusalem.

"This time, it's different."

More news on the YEN from Bloomberg.

http://www.bloomberg.com/news/2013-0...our-years.html


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Carl Icahn tripled his investment on Netflix within 6 months. Netflix is over $243 today which is up another 4% today. Google is on fire over $900 today.

All last week I was thinking of you going all in on Fannie Mae and sure enough it spiked from under $.90 to a high of $1.4 today

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Originally Posted by stylinexpat

Carl Icahn tripled his investment on Netflix within 6 months. Netflix is over $243 today which is up another 4% today. Google is on fire over $900 today.

All last week I was thinking of you going all in on Fannie Mae and sure enough it spiked from under $.90 to a high of $1.4 today

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Freakin Carl Icahn is the man...

http://www.google.com/finance?q=NYSE...iaUchlpJOIAoQy

Best to stick with his picks..


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