Mr. Putin’s comments were followed by a response from Secretary of State John Kerry who visited Kiev today. Secretary Kerry called on Russia to refrain from using force and said the United States is not seeking a confrontation, but if Russia does not deescalate, then the U.S. will be forced to increase pressure on Russia. Less than 30 minutes after the comments from Secretary Kerry, Russia’s Foreign Ministry said the introduction of any potential sanctions will be met with a response that is “not necessarily symmetrical.”
Let me start by saying that I am not complaining. Being up 2.48% on any day is an awfully good one. As a matter of fact, most people would prostitute themselves to make 2.48% in a day. But I’d be lying to you if I said “I didn’t want moar.” I was expecting a bigger jump today, specifically for myself. I couldn’t care less about your portfolios; they could rot in hell and it wouldn’t affect my dinner menu.
Ah, very good. I just up ticked, now up 2.5%. See, that’s more like it. As a matter of fact, I was up more than 3% earlier today, when SALE and EZPW were swinging axes on the battlefield, aiming only for the lower midsection.
Oh, I forgot, you are here for picks. Well how about these? Buy EZPW, SALE, GNC, ARGS, IFON, NUS, SPLK, MA, BLOX and ANGI. I don’t have any new picks, per se, because I am hellbent on seeing these work out.
If you’re into Chinese stuff, dress about the house in traditional garb and the like, maybe you should buy SFUN. Both YY and QIHU have taken numerous prisoners and strapped them to the back of a speeding locomotive. I suspect SFUN will do the same, and soon.
Rejoice, be happy and celebrate the man of the hour, Vladimir Putin. May his gene pool extend for another thousand years and his vacation home in the Crimea free from incendiary devices designed to blow his arms off whilst making coffee.
Somehow that doesn’t have the same ominous ring as “winter is coming.” Truth be told, the spring is far from scary, at least from an investors view point. It is a time to relish in greed, make big bets and eat at the very best steakhouses. As a matter of fact, restaurants do quite well during March.
Inside of The PPT, I just posted the seasonality report for March. In layman’s terms, it is a screen that scours our database of over 5,000 stocks and ETFs to find stocks that outperform during the month. You’d be surprised at some of the “coincidences” that reoccur over and over again.
For example: BWLD has never traded down in March. I’ve been saying this since 2007, here and on the old Fly site. If you dig a little deeper into why BWLD is 10-0 with an average monthly return of 9.31%, it’s all thanks to March Madness basketball.
QCOM has been up 20 out of 23 years, CMG smashes, as well as LULU and LL; but you’ll probably want to avoid FIG and CZZ.
All in all FAS, TNA, URTY and DRN outperform all other ETFs, with 80% success rates and 10%+ average monthly returns.
Since 1993, the S&P has been up 71% of the time in March. Vladimir Putin is well aware of these facts and has likely halted his attack on The Ukraine because of it, likely very long S&P futures in his personal $10 billion slush fund account, giddy like a little school girl at the specter of making outrageous returns today, following that little gambit he played in Crimea.
Putin, the never ending trickster, got you all flat-footed again.
President Putin has ordered troops sent last week to a surprise military exercise in western and central Russia to return to their bases.
Putin ordered the return after a Defense Ministry report, which said the exercises have been conducted successfully, presidential spokesman Dmitry Peskov told the media.
The surprise military drills in Russia’s central and western territorial commands were launched last Wednesday.
They involved 150,000 troops, 90 aircraft, 880 armor, 80 warships and other hardware.
On Monday the last phase of the drill was witnessed by Putin, who visited the Kirillovsk military range in Leningrad region in north-western Russia.
See, it was just a game. Back to your regularly scheduled bull market. S&P futs are +12.
Everywhere I read there are out of shape men writing about an evil Chinese-Russian alliance, warning “the west” of detente and how Hitler used it to kill 100 million people. I swear to God these people watch too much history channel, or play far too many violent video games. It’s almost as if they’re erect, sexually aroused, while writing this nonsense. They yearn for the days of World War, despite never living through one.
On the front page of Drudge Report is a bunch of crap regarding Chinese missiles and how they are now sucking off the Russians to jointly screw over America. After all, it’s all about us. I am sure it’s the first thing on everyone’s mind, whether it be in Switzerland, Japan or Mongolia: “what are those freedom loving white devils doing in America?”
Whoever is directing policy in this country, and it’s certainly not the government you and I see, is acutely paranoid and hell bent on controlling natural resources. This whole fiasco in The Ukraine would have some validity, if we weren’t the unfortunate fact that we drop tonnes of depleted uranium munitions on unsuspecting participants of Afghan wedding celebrations. I know, “we do more good than bad, collateral damage”…yadda, yadda, yadda.
How about this for a change: let other people settle their own problems. It won’t be because we’re cold hearted bastards; but because as a nation, we aren’t in a position to serve as world police. Let’s welcome refugees into this country with open arms and hope that they come with the same zeal and vigor of immigrants from the past, the men and women who built this country.
As for you bloggers and “journalists” out there saber rattling for the sake of page clicks, shame on you: may your house burn down at 10,000 degree temperatures.
The Ukraine is the #6 producer of wheat in the world. Have a look at WEAT today, up more than 9%. Corn is higher as well (The Ukraine is #3 producer of corn), alongside oil, gold and silver, which are up for security reasons. I am bullish on domestic retailers that don’t care about Ukrainian wheat. Stocks like GNC, BBBY, MA and EZPW trade higher, near term.
I’m loving SALE here and want to own more BLOX and SPLK into a sell off. I do not believe we bounce back right away. Putin acted harshly and doesn’t have a clean exit strategy that will allow him to save face. So until this is resolved, markets will remain on edge and your cash reserves should be used judicially.
Buy the dip gents. We have nothing to fear, other than a lunatic heavily armed with nuclear warheads, paranoid about just about everything except pluto.
Chancellor Angela Merkel of Germany told Mr. Obama by telephone on Sunday that after speaking with Mr. Putin she was not sure he was in touch with reality, people briefed on the call said. “In another world,” she said.
I consider myself lucky, not exactly NUS sort of luck, but lucky nonetheless. Today’s depression has skipped me, as the Gods saw to it to reward the shareholders of SALE, BBBY, GNC, IFON and ARGS. Now if only people started to notice how reliant EZPW was on gold, or how cool SPLK is, I could have a pretty good day here. But I am not disillusioned by all this theatre, hollywood tricks designed to lure me into a false sense of security.
Like Putin, I too am paranoid about the world around me. If given the chance, I’d invade the Crimea too.
It’s all fun and games until your house is set aflame by soldiers with a 5th grade education. This isn’t exactly a laughing matter and your buys should be docked until this Crimea nonsense is settled.
Russian stocks are being eliminated from the playing field today. It is America’s ultimate revenge against those invaders. We’ve dispatched our army of Gordon Gekkos to rout out their equity, crush their stupid currency to rubble, in order to force them to submit to our demands. Just give us your damned oil already and we can be friends!
At any rate, here are the hardest hit Russian stocks traded here in the states.
YNDX -13%
CETV -10% (not really Russian, but close enough!)
MBT -9%
QIWI -7.5%
VIP -6%
CTCM -7.5%
Or, you can just say to hell with Russia and buy RUSS.
I always love when Becky Quick, who seems to have an exclusive arrangement with olde Warren, pulls him out from the woodworks, for an interview, during times of crisis. So here we are, the markets within spitting distance of an all-time high, the world on edge due to Russia, and olde Warren says to ignore The Ukraine. His track record is unmatched. His genius has been documented, even though he’s stupid enough to drink Coca-cola every day, and chew on cheeseburgers in his spare time. If I was a jerk off, right now I’d say “but I digress.” However, I am not and will spare you from that nonsense.
At any rate, Jim Cramer agrees with Warren. This is “your opportunity” to get long, following Friday’s dip.
This is crazy talk from people with net worths higher than 99% of the world, in Warren’s case 100% of the world. For the average Joe, the guy reading iBankCoin from his housing tenement shared computer terminal, this market spells danger. You should be concerned with world events, as they have a way of affected the lives of real people (yes, Germans are people too). Even if the end result is a lot to do about nothing, there might be some face jarring volatility in the interim, the sort of downtick that all but wipes out the guy leveraged into World War (oh, that would be me).
Warren Buffet will probably be right. But he’s biased, with most of his net worth tied up in the market. Trade the market in front of you and be patient when everyone else is panicking. The first flush is rarely the big one, if that makes any sense at all (it certainly does not!).
Gold, silver, crude and natty are all higher. The yen is strong and German futures seem to be getting hit the hardest, down 1.3%, as all forms of imperialism circle back to the Nazi state. As we speak, negotiations are underway to give Russia another Olympics in order to “save Crimea.”
