Exchange Traded Funds, Pros & Cons --Investor Thread April 19, 2015

Weekly investment & finance thread ^ | 04/19/2015 | Freeper Investors

[abb]

Looking for this one.

Preferably, filled with coffee...

[aposiopetic]

That is impressive. Hope you’re enjoying your time away.

[expat_panama]

Right, cup'n'handle --that's one I like to check for.  In fact here's my watch list:

ticker	handle	current	% over
CMPR	86.88	87.15	0.3%
HAR	145.1	146.31	0.8%
AMCX	74.74	75.41	0.9%
EA	58.97	59.68	1.2%
AYI	164.23	166.31	1.3%
DIS	106.08	108.155	1.9%
KMX	68.81	70.89	2.9%
ZTS	45.34	46.85	3.2%
AFSI	57.09	59.31	3.7%
CYBR	63.08	65.95	4.4%
OZRK	38.06	39.80	4.4%
ZBRA	92.58	97.27	4.8%

IBD says to buy when it's within 5% over the handle buypoint, but I'm waiting also for a solid market uptrend.

[abb]

Told you all CAT was a screaming buy anywhere below 80.

[Lurkina.n.Learnin]

LOL, “ a gret big ole TOLDJASO “

[expat_panama]

Good morning, happy Friday to ya, and the UPTREND RESUMES!   Seems our chronically sideways stock market has finally seeped up into a new high forcing us to admit that we've been clearly in an uptrend.  For decades this has historically it signaled a buying opportunity, though for all of this past year they've been false and contrary market timing's ruled.  Humph. 

Just the same, these sideways/false-sigs are still uptrending (futures +0.17%), not like metals that have been sideways/downtrending:  gold'n'silver now @ $1,193.4 and $15.92 w/ futures negative.  Durable goods orders posted in a half hour.

News:

Nasdaq hits a new all-time high San Jose Mercury News - 5:02am With the Nasdaq on Thursday breaking its former record high close set in the dot-com days of 2000, here's one thing to remember: That was then, and this is now.

China, Japan stocks fall on data, Nasdaq boosts some markets TriCities.com - 3 hours ago Market data is displayed on the screens at the Nasdaq MarketSite in New York, Thursday, April 23, 2015. The Nasdaq composite has closed at a record high for the first time since the dot-com bubble of 2000.

Patience running short in Greek bailout negotiations MarketWatch - 4 hours ago RIGA, Latvia - Eurozone finance ministers urged Greece to move faster in presenting its overhaul plans Friday, as some of them expressed annoyance with the lack of progress in bailout negotiations.
Have We Seen the End of 8-Hour Work Day? - Nathan Schneider, Nation

Doomsayers Were Wrong About BP Spill - Steve Moore & Joel Griffith, NR
Saudi Arabia Intends to Pump Even More Crude - Grant Smith, Bloomberg

[bert]

-——Involuntary part-time is becoming the new norm for low-wage workers-——

The concept of part time is archaic. There is no part time any more, there is only time. Further, time for many can not exceed thirty hours per week. The union goal of a thirty hour week has been accomplished.

The problem is that people can’t live on the proceeds from merely working thirty hours.

[expat_panama]

...people can’t live on the proceeds from merely working thirty hours

Through out this whole history of labor leaders calling for a shorter workday, somehow the union bosses always assumed that the paycheck would stay big while work hours got small.  They never saw a problem w/ that and were always dismissive of concerns over production and business' labor costs.

Ignore reality and it bites.

[tacticalogic]

Through out this whole history of labor leaders calling for a shorter workday, somehow the union bosses always assumed that the paycheck would stay big while work hours got small.

I don't think they really gave a rat's ass about the paychecks. They were assuming the union dues would stay the same, and the companies would have to hire more workers, so there'd be more of them.

[expat_panama]

Union bosses caring more about dues than paychecks? I'm shocked. Shocked!