Wednesday, June 29, 2011

QE2 End already priced in ?

10 Reasons QE2’s End should be priced into the markets – 24/7 Wall St

  1. Bond buying competition
  2. Banks and higher reserves
  3. Greece and other rotten PIIGS
  4. China & India
  5. Commodity prices & Inflation
  6. PIMCO & Bill Gross
  7. Ratings Agencies
  8. US demographics & austerity
  9. Employment situation
  10. Debt ceiling

Thursday, June 16, 2011

Stocks still to crash more?

Stock collapse & $12,000 gold? – Peter Brimelow, MarketWatch

“Many respected analysts are warning that another financial crisis could be on the horizon similar to the one in 2008. They claim that since the 2008 meltdown was not allowed to end naturally, the conclusion is still coming. This is a real possibility since the fundamental, underlying factors that triggered the crisis to begin with still persist. Another possibility is just a renewed recession.”

Stocks to rebound ?

11 reasons stocks will storm back soon – Jeff Reeves, MarketWatch

  1. Companies flush with cash
  2. Corporate bonds are free money for stocks
  3. ‘High yield’ savings accounts aren’t
  4. Treasury rates stink
  5. Big dividends in stocks
  6. Bargain valuations for blue chips
  7. IPO boom
  8. Steep market declines signal a buying opportunity
  9. Floods, tornadoes & tsunamis aren’t permanent
  10. US is still growing
  11. World is growing too

Trading after QE2 ends

3 ways to trade stocks in a volatile market – Michael Sincere’s Rookie Trader

Trading in advance of the end of QE2 is like playing poker with Ben Bernanke. At the moment, at least, the Fed isn’t revealing its hand. Accordingly, traders should brace for more volatility as June 30 approaches, given the state of confusion many market participants are in.

  1. Stay on sidelines
  2. Fade the gap
  3. Use options

Wednesday, June 15, 2011

Foreclosure rates

Top 10 cities with highest foreclosure rates – MarketWatch Jan 27, 2011
Highest Foreclosure filings 2010 (beginning with highest) :
  1. Las Vegas-Paradise NV
  2. Cape Coral-Fort Meyers FL
  3. Modesto CA
  4. Phoenix-Mesa-Scottsdale AZ
  5. Miami-Fort Lauderdale-Pompano Beach FL
  6. Riverside-San Bernardino-Ontario CA
  7. Stockton CA
  8. Merced CA
  9. Orlando-Kissimmee FL
  10. Vallejo-Fairfield CA
Lowest Foreclosure filings 2010 (beginning with lowest) :
  1. Utica-Rome NY
  2. Burlington-South Burlington VT
  3. Charleston WV
  4. College Station-Bryan TX
  5. Syracuse NY
  6. Tuscaloosa AL
  7. Lincoln NB
  8. Albany-Schenectady-Troy NY
  9. Buffalo-Niagara Falls NY
  10. Lubbock TX

US home prices hit by weak economy

10 most affordable US home markets – MarketWatch
Listing price of 4-bedroom, 2-bathroom home
  1. Niagara Falls NY $60,820
  2. Riverdale GA $61,618
  3. Coolidge AZ $69,083
  4. College Park GA $72,477
  5. Detroit MI $73,363
  6. Hastings FL $74,910
  7. Cleveland OH $76,042
  8. Lithonia GA $77,385
  9. Trotwood OH $77,445
  10. Sioux City IO $80,152
10 most expensive US cities to buy a home – MarketWatch
Listing price of 4-bedroom, 2-bathroom home
  1. Newport Beach CA $2.5m
  2. Pacific Palisades CA $1.6m
  3. Stone Harbor NJ $1.34m
  4. Rancho Palos Verdes CA $1.31m
  5. Saratoga CA $1.28m
  6. Los Gatos CA $1.26m
  7. Weston MA $1.23m
  8. Greenwich CT $1.15m
  9. Mercer Island WA $1.14m
  10. Cupertino CA $1.14m
US national average price for 4-bedroom, 2-bathroom house : $293,000

    Stagflation for US

    Fed boxed in as US slouches toward stagflation – MarketWatch 
    Slow growth and high inflation is putting the Fed into an extremely uncomfortable place, with few good options. Raising interest rates could keep prices from rising faster, but at the cost of putting the brakes on growth.

    Thursday, June 2, 2011

    Altucher sees Dow 20,000

    Next stop: Dow 20,000 - James Altucher, MarketWatch
    10 reasons why the market will soar
    1. QE2 has not started
    2. Tax cuts from Bush
    3. Multiplier effect
    4. Non-financial companies sitting on huge cash pile
    5. Stock buy-backs
    6. Companies hiring temp workers may switch to permanent staff
    7. Corporate profits at highest levels
    8. Major stocks are dirt cheap  (Forward P/E : AAPL 12x, MSFT 10x, INTC 8x)
    9. Innovation
    10. Major demographic changes

    Consequence of not raising Debt Limit

    Moody’s warns US on consequences of not raising debt limit – Reuters

    Moody’s warned Thursday it would consider cutting the United State’s coveted top-notch credit rating if the White House and Congress do not make progress by mid-July in talks to raise the US debt limit.

    A US default would roil global financial markets, but few investors are rattled just yet. Wall Street, in large part, expects the debt and deficit negotiations to go down to the wire, as did talks over tax cuts and the 2011 budget.