| Author | Message | ||
     Sbk2012 Side Hero Username: Sbk2012 Post Number: 4139 Registered: 01-2014 Posted From: 216.31.211.11 Rating: N/A |
GOLD sucks -- $1149 now | ||
| Sbk2012 Side Hero Username: Sbk2012 Post Number: 4138 Registered: 01-2014 Posted From: 216.31.211.11 Rating: N/A |
http://www.barchart.com/headlines/story/6207977/a-bearish-ni ghtmare | ||
| Sbk2012 Side Hero Username: Sbk2012 Post Number: 4137 Registered: 01-2014 Posted From: 216.31.211.11 Rating: N/A |
A Bearish Nightmare... Bonner & Partners - Seeking Alpha - 31 mins ago Article Comments (0) U.S. stocks fell last week. The Dow dropped 85 points, or 0.5%. No biggie. The biggie is still ahead… Our guess is the smart money is selling to the dumb money. The people who take the trouble to figure out what something is really worth are unloading. People who just think they should be "in the stock market" are buying. The "big three" U.S. stock market benchmarks - the S&P 500, the Dow and the Nasdaq - are at near-record levels. Why? Because they represent good value for money? Or because they are propped up by near-zero interest rates and a flood of QE liquidity, now coming from Japan and Europe? Don't forget: Global growth is slowing. U.S. corporate earnings are falling. Europe is in danger of coming unstuck in June, when the Greeks have to face up to making a big payment on their debt. And China looks more and more like a massive case of malinvestment on the verge of going bad. |
