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Daily finance & investment thread (3-1-13 edition)
3-1-13

Posted on 03/01/2013 6:44:22 AM PST by dennisw

Trying to focus on the markets for today and each day and the economic news

A number of people have talked about such a thread. Lets see how it goes. This is where you can impart some investment wisdom to your fellow

freepers. You can vent about the big one that got away. You can chime in how Obama is out to wreck American capitalism.

If you see another FR economic thread you like and want to link to it here, please do

Post your favorite economic site links. Your favorite precious metals blogs and sites

Apmex.com is a solid place with good reputation to buy precious metals Kitco is a good site for charts and other precious metals information

Ping list -- on or off let me know here or via freep-mail. If I missed you then Freep-mail me


TOPICS: Business/Economy; News/Current Events
KEYWORDS: finance; investing; investment; markets; personalfinance
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To: BipolarBob

That’s not really much to go on but thanks for the reply.


21 posted on 03/01/2013 1:03:50 PM PST by what's up
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To: what's up

You want more? Okay. I’ve looked at AA before with longing eyes. A sane person would think why not AA? The automobile industry and airplane industry need aluminum and lots of it. It all makes sense. That’s the problem. The market does not always make sense. I’ve seen companies blow out the numbers and drop on price. I’ve seen insane P/E ratios. CHKR pays over 15% dividend. My heart wants to buy AA but the 5 year chart tells me no no no. When the market appreciates AA then you can buy. That could be 2-3 years down the road. You could be making money until then. That’s just my take. If you want to buy it, go ahead.


22 posted on 03/01/2013 2:03:02 PM PST by BipolarBob (Happy Hunger Games! May the odds be ever in your favor.)
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To: rusty millet
POMO schedule released yesterday. Anticipated levels are about half of what was allocated for Jan and Feb
http://www.newyorkfed.org/markets/tot_operation_schedule.html

The NY Fed is the real Fed that pulls the easy money lever and the interest rates levers. It tries to influence rates but to an extent it is just surfing a wave. The main Fed HQ  in DC is there to schmooze congress and the president, to collect tons of statistics, do tons of studies. DC Fed is the PR wing of the Federal Reserve. To a large extent it is a liberal and affirmative action hiring program. They put out all kinds of lib BS how the minorities were discriminated against on mortgages... helping to precipitate the housing bubble and bust. Plus the Fed forced banks to do crazy minority mortgage lending

23 posted on 03/01/2013 2:11:47 PM PST by dennisw (too much of a good thing is a bad thing --- Joe Pine)
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To: BipolarBob

Thanks for all your posts and wisdom, the hard work.... I’ll keep putting this thread up there each day, Maybe Saturday Sunday too when some freepers have the time to post


24 posted on 03/01/2013 2:15:36 PM PST by dennisw (too much of a good thing is a bad thing --- Joe Pine)
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To: dennisw

Don’t thank me. My opinion is free. And that’s about all it’s worth too). You have hedge fund managers lose millions and they have resources and experience I don’t have. If they can get it wrong, then you know it’s hard for the players at home to get it right as well. I scale into positions and scale out (if I have time). I have to be right 70% of the time to meet my personal goals. An occasional 3-4 bagger makes me forget the stinkers I lost money on. No, I thank you for pinging everyone. Good luck.


25 posted on 03/01/2013 2:23:58 PM PST by BipolarBob (Happy Hunger Games! May the odds be ever in your favor.)
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To: BipolarBob

OK!!!


26 posted on 03/01/2013 2:34:59 PM PST by dennisw (too much of a good thing is a bad thing --- Joe Pine)
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To: BipolarBob; dennisw

I second what BB said.

I check this thread every day. I’m on a project with an insane schedule right now, so only a few posts. Usually the market has been closed for hours, even the aftermarket, by the time I get freed up to post. By then, it’s all over but the crying (or the counting).

Thanks for the pings!


27 posted on 03/01/2013 5:53:12 PM PST by NonLinear (Giving money and power to government is like giving whiskey and car keys to teenage boys.)
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To: dennisw

Please add me to your ping list. Thanks.


28 posted on 03/01/2013 6:15:50 PM PST by PA Engineer (Liberate America from the Occupation Media.)
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To: dennisw

Sure, but what I was referencing was the hot money schedule. Lower levels of Fed money, plus sky is falling because of sequester blather may make for a rocky March.

Please add me to the ping list. Thanks!


29 posted on 03/02/2013 9:07:33 AM PST by rusty millet
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To: BipolarBob
Actually I hold some AA options so I'm just looking for a pop. They are LEAPS so I have almost a year.

Pretty confident I will get some profit out of these. AA price seems too low now. If it goes any lower I will average down just a bit.

30 posted on 03/02/2013 8:46:47 PM PST by what's up
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To: what's up
AA price seems too low now.

Sure it seems that way. But what is the catalyst to move it up? It will move up . . . someday. I'm just not a big believer in the "recovery" myself. The materials sector is out of favor right now (FCX is starting to look attractive). My heart says yes to AA but until we see an upturn in the economy or the charts, I'll watch. So yes I do like it and no I don't (check out my name). I have to go with what will make me money now but keep an eye on AA until I see a move. Options is a smart way to play it. You'll do okay.

31 posted on 03/03/2013 3:22:26 AM PST by BipolarBob (Happy Hunger Games! May the odds be ever in your favor.)
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To: dennisw; All
Folks, waiting on the 3/14 thread, Whisper numbers for Ford today (and in the Greater Metro Detroit Media have been playing it up for a couple days) portend to a good 1/4 for Ford, maybe their best ever....

http://seekingalpha.com/article/1364421-whisper-number-impact-earnings-preview-for-ford?source=email_rt_article_title

32 posted on 04/24/2013 3:25:52 AM PDT by taildragger (( Tighten the 5 point harness and brace for Impact Freepers, ya know it's coming..... ))
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To: taildragger

TODAY’S MARKETS THREAD-— http://www.freerepublic.com/focus/news/3011705/posts?page=1


33 posted on 04/24/2013 5:36:44 AM PDT by dennisw (too much of a good thing is a bad thing - Joe Pine)
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