Stock Market update: Everybody panic! - Page 13

Mr Quatro · 08-11-16, 12:11 PM

It's all over here folks ... nothing left to see

Everyone spend their money well

http://www.businessinsider.com/us-ma...11-2016-2016-8

Quote:

The Dow Jones Industrial Average ticked to a historic high just ahead of the noon hour on Thursday. The 128 point gain, or 0.7%, has run the DJIA above the 18,600 level for the first time on record. Additionally, both the S&P 500 (+0.5%) and the Nasdaq (+0.5%) hold onto solid gains.

Jimbuna · 08-11-16, 07:29 PM

The FTSE is in a similar position. Now is the time to sell perhaps.

Mr Quatro · 08-15-16, 09:43 PM

http://www.freep.com/story/money/bus...mber/88759112/

Quote:

Ruby Tuesday plans to close 95 of its 724 restaurants by September as it tries to cut costs and stem losses.

The company says it has been losing money because of increased competition and a decline in consumer spending on casual dining.

The Maryville, Tenn.-based chain said last week that it lost $27.6 million, or 46 cents per share, during its fourth quarter

em2nought · 08-16-16, 01:37 AM

Quote:

Originally Posted by Mr Quatro

http://www.freep.com/story/money/bus...mber/88759112/

Can't have anything to do with the three hours it took to finish our meal from the time we sat down til the time we left the table?

Mr Quatro · 08-16-16, 10:17 AM

Quote:

Originally Posted by em2nought

Can't have anything to do with the three hours it took to finish our meal from the time we sat down til the time we left the table?

It has been 14 years since I ate at a Ruby Tuesdays, but the meal was very good and the friends I ate with made it better.

Sorry you had a bad experience.

Onkel Neal · 08-19-16, 05:35 AM

Quote:

Originally Posted by Onkel Neal

In Feb I invested heavily in energy: BP, Kinder Morgan, Exxon. Price of oil is low due to oversupply, but that won't last forever....

KM up 47% this year, this makes me happy

http://www.fool.com/investing/2016/0...u-need-to.aspx

Olin and TSM also going strong. BP, so-so. Exxon was killing it at $95 before their P&L showed the worst quarter in 17 years. It will get better when Oil tightens.

Mr Quatro · 09-19-16, 10:57 AM

Kmart is closing 64 stores across 28 states: http://www.businessinsider.com/kmart...ll-list-2016-9

Sears Holdings, which owns Sears and Kmart, informed Kmart employees of the closures on Friday, according to local news reports and employees who spoke to Business Insider.

Quote:

Moody's analysts warned last week that Kmart doesn't have enough cash or access to cash to stay in business. Kmart has about 870 stores today, down from about 1,300 in 2012.

Mr Quatro · 10-12-16, 10:23 AM

Quote:

Originally Posted by Onkel Neal

KM up 47% this year, this makes me happy

http://www.fool.com/investing/2016/0...u-need-to.aspx

Olin and TSM also going strong. BP, so-so. Exxon was killing it at $95 before their P&L showed the worst quarter in 17 years. It will get better when Oil tightens.

Time to move Neal ... http://www.businessinsider.com/houst...h-says-2016-10

Houston's boom is over

Quote:

Houston was the largest contributor to economic growth in the US from 2010 to 2015, ahead of cities like New York, Dallas, and San Francisco. That was possible because oil prices were near $100 a barrel, the shale-oil revolution was gaining steam, and skilled workers from other states flocked there.

But when the tables turned in 2014, Houston came in direct contact with the most severe oil crash in a half century. The worst of the oil downturn appears to be over, but the same pace of expansion that Houston saw in recent years is unlikely to repeat itself.

mako88sb · 10-12-16, 11:28 AM

Quote:

Originally Posted by Mr Quatro

Time to move Neal ... http://www.businessinsider.com/houst...h-says-2016-10

Houston's boom is over

The province of Alberta went through the same thing back in the early 80's with the same dire predictions for the future. I was a carpenter apprentice back then and I remember one of our teachers pointing at the downtown skyline with 25% office vacancy here in Calgary and predicting no new construction for office buildings for at least a decade. As bad as things were at the time, it still eventually turned around and 5 years later, some new buildings were started downtown. Since then, we've had at least 2 full fledged oil boom cycles with many smaller ones along with the inevitable downturns. This downturn we are currently going through is definitely one of the worst but it seems after the turnaround happened in the past slowdowns, we were much busier than the previous up-cycle. Of course, this time could be different and maybe we are heading into uncharted territory, but I'm pretty skeptical about that.

Oberon · 10-12-16, 12:22 PM

Quote:

Originally Posted by Mr Quatro

Time to move Neal ...

He's way ahead of you, now sunbathing on the glorious beaches of Sweden.

Catfish · 10-12-16, 01:08 PM

^

But.. Simrishamn!

Mr Quatro · 01-05-17, 02:08 PM

Good-bye Sears ... this is probably just the first step: https://www.yahoo.com/finance/video/...142557005.html

Quote:

Jan.05 -- Sears Holding Corp. will raise $900 million by selling off its Craftsman tool brand to Stanley Black & Decker in the third funding move for the company in the last two weeks.

Mr Quatro · 02-15-17, 01:17 AM

Not so sure Warren Buffett is doing the right thing here ... He has been investing in Walmart since 2005 and now he is selling.

I don't have $900 million dollars like he does, but something seems odd about this.

Walmart just got me back with the two day shipping guarantee ... all I wanted was a couple of electrical items for under $10.00 so I paid the $5.95 shipping fee and got them in two days anyway. Cheaper than going all the way over the mountains to the store for sure.

Quote:

Warren Buffett's Berkshire Hathaway has sold off $900 million of Walmart stock, choosing to invest billions in airlines instead.

The sale, which leaves Buffett with nearly no shares in Walmart, comes as the US's largest traditional retailer has been rushing to catch up to Amazon and other online competitors.

Amazon's market value is now $356 billion, compared with Walmart's $298 billion. Last year, Buffett acknowledged that traditional brick-and-mortar retailers were struggling in the face of competition from the e-commerce giant.

http://www.businessinsider.com/warre...t-stock-2017-2

Onkel Neal · 01-22-18, 09:05 PM

Let's see, market is going strong, and with the Tax Reform act, could be growing stronger.

Apple paying $38bn in tax to US treasury ‘a big, big moment’
For years US companies have played the tax game, but the rule are now changing

Skybird · 01-24-18, 08:24 AM

Problem there is that needed structural reforms do not get carried out, Trump is not working on profound structures, but on symptoms. The effects therefore I expect to last not for too long. Reagan did the same, and had medium range benefits. Ater them ending, the state debts went way up. Also, the dollar is too weak compared to what the stock market values claim to indicate, which means that Amerina money by Apple may return to the US, but porivate investors moneya is being exported form the Us onto other stockmarkets, currently Europe, however strange that seerms to be. This is a vicious circle,. since it will klure more and more mnoney out of the Americna market, which then will shrink demand in the US.

I predict Trumponomics will party for two years, not longer.

And this, more fundamental cnsideration. Does anyone seriously belioeve that the real world material value of proucing industries and economies can rais ein in total values within one year by 20, 30, 40%...? Does anyone seriously believe a company that produces nothing, like facebook, seriously is worth dozens of billions of bucks...? Finally, the biog four, Micosoft, Google, Apple, buy off competitors, and do so just to remove them from the competition. We are talking about widenngn de facto monopolies and dependencies. Does anyone seriously believe there will be no mid- to long-term punishment from doing so?

One should never assess the state of an economy by the stockmarket graoh alone.

Many famous and good stock traders do not look at such graphs even once, not for a single company, not for a whole economy system. Gamblers do that, hoping to get away with their bets. And some will. Myself, I place bets only with money I have in excess, I do not bet with money that I depend on.

Nothing new under the sun - expect what already has been fogotten. Although it is just one and a half decade ago...

08-11-16, 07:29 PM	#182
Jimbuna Chief of the Boat Join Date: Feb 2006 Location: 250 metres below the surface Posts: 190,946 Downloads: 63 Uploads: 13	The FTSE is in a similar position. Now is the time to sell perhaps. __________________ Wise men speak because they have something to say; Fools because they have to say something. Oh my God, not again!!

10-12-16, 01:08 PM	#191
Catfish Dipped Squirrel Operative Join Date: Sep 2001 Location: ..where the ocean meets the sky Posts: 17,802 Downloads: 38 Uploads: 0	^ But.. Simrishamn! __________________ >^..^<*)))>{ All generalizations are wrong.

01-22-18, 09:05 PM	#194
Onkel Neal Born to Run Silent Join Date: Jan 1997 Location: Cougar Trap, Texas Posts: 21,385 Downloads: 541 Uploads: 224	Let's see, market is going strong, and with the Tax Reform act, could be growing stronger. Apple paying $38bn in tax to US treasury ‘a big, big moment’ For years US companies have played the tax game, but the rule are now changing __________________ SUBSIM - 26 Years on the Web

01-24-18, 08:24 AM	#195
Skybird Soaring Join Date: Sep 2001 Location: the mental asylum named Germany Posts: 42,717 Downloads: 10 Uploads: 0	Problem there is that needed structural reforms do not get carried out, Trump is not working on profound structures, but on symptoms. The effects therefore I expect to last not for too long. Reagan did the same, and had medium range benefits. Ater them ending, the state debts went way up. Also, the dollar is too weak compared to what the stock market values claim to indicate, which means that Amerina money by Apple may return to the US, but porivate investors moneya is being exported form the Us onto other stockmarkets, currently Europe, however strange that seerms to be. This is a vicious circle,. since it will klure more and more mnoney out of the Americna market, which then will shrink demand in the US. I predict Trumponomics will party for two years, not longer. And this, more fundamental cnsideration. Does anyone seriously belioeve that the real world material value of proucing industries and economies can rais ein in total values within one year by 20, 30, 40%...? Does anyone seriously believe a company that produces nothing, like facebook, seriously is worth dozens of billions of bucks...? Finally, the biog four, Micosoft, Google, Apple, buy off competitors, and do so just to remove them from the competition. We are talking about widenngn de facto monopolies and dependencies. Does anyone seriously believe there will be no mid- to long-term punishment from doing so? One should never assess the state of an economy by the stockmarket graoh alone. Many famous and good stock traders do not look at such graphs even once, not for a single company, not for a whole economy system. Gamblers do that, hoping to get away with their bets. And some will. Myself, I place bets only with money I have in excess, I do not bet with money that I depend on. Nothing new under the sun - expect what already has been fogotten. Although it is just one and a half decade ago... __________________ If you feel nuts, consult an expert.