The United Steaks added 321,000 new jobs last month. I am not sure how many of those people were professional protesters. Nonetheless, it is a fine number, one that should get the juices flowing and the gimp active again.
Oil is a bottomless pit, a Texan torture device designed to skin alive its guests. I will have no choice but to sell all of my oil stocks, in order to lock in tax losses. This is a no-brainer, since they all trade as a phalanx and can easily be replaced by a peer member. For example, I can swap out SLCA for EMES and CHK for SWN.
Now European markets are flying off the handle. Italy is up more than 2.5%. However, I don’t have any faith in the likes of you. The first thing you’ll do it sell in order to preserve your skin. The mood and tenor of this tape is one of risk aversion, not speculation and risk.
Our futures are barely up because we reside in a nation of protesting neanderthals, more interested in the latest government cheese blend than hourly wage growth. To test my theory, go knock on your neighbors door and ask him.
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…but the gimp’s sleeping.
I took some cap gains this year, but fortunately I have enough RIG to cancel out all of my gains.
We live in the days were we call criminals, protesters. Lord help us!
Which of the thousands of protesters in NYC are criminals? Enjoy Idaho. Hows the Chinese food there?
Mr Fly, here is an option for you. I moved from a wealthy part of CA ( HINT: we own a Vineyard. ) to Idaho. Bought a ranch back in the mountains and I could give a shit about what the market does to me now. Maybe it’s time to get out of the fake people of wealth. And live a little more off the land. It’s the best damn choice I’ve ever made
Sloop
Maybe when I retire I will move into the mountains and grow a beard.
Move into the jungled mountains of Costa Rica and grow your beard while swinging from vines wearing a loined cloth. Those are my retirement plans minus the beard.
A loined cloth with a GoPro mount:)
My neighbor has no idea what I’m talking about.
Good jobs number, yet my god forsaken portfolio is down.. Interesting.
Your government protesters and cheese blend comments were AWESOME. You’re back!
I never left.
look at gpro and yelp, wow FLY u kick ass !!
Know what would fix low energy prices, wage growth AND fuel exports and property values? Some good old INFLATION.
I will explain how not to have long term investments permanently impaired. It’s all about what not to buy, a test you use when considering a stock.
The question is – can this company do something that few others can?
This wipes out whole industries, by the way, such as natural resource extraction. You might think US fracking E&P’s are an exception, but they aren’t as long as conventional oil is available in large quantities.
Areas to me that are favored by this criteria are biotech, semis, high tech industrials, and software.
Avoid energy, mining/materials, consumer electronics, retail and transports.
Staples, discretionary, utilities, and finance don’t clearly fall into either category.
That is all.