About a month ago I had a dream that I owned a few thousand shares of a penny stock that suddenly went bananas. It was very exciting because as I was watching the streaming Level II Quotes the stock went from $.001 to $.50, then traded back and forth finishing over $1.00. The next day it went from $1.00 to $5.15!! I've had dreams like this before but I could not remember the name of the company, except this time, it was Groupon.
SO....one month ago I checked into Groupon and it was in the $2+ dollar range with bad recent earnings and a bleak outlook. I decided to pass.
Fast forward to last Friday and today, Tuesday:
So I finally decided to buy a few $4.50 call options today. My total investment is about $100. I dont know it if it go to $5 by expiration of 2/26/16, but I have a chance at least.
Well, GRPN hit $5.28 today...my dream came true but my options expired too soon. If I had simply bought the shares when I first dreamt of it, I could have made over 100%.
The fed, especially under Yellen, seems to take communication very seriously. Just look at how long they prepared the market for tapering out their bond buying. Then how long they took to make the first rate increase.Jobs report: +242,000 jerbs. Hourly wages went down or something though.
http://www.cnbc.com/2016/03/04/jobs-report-is-strong-but-fed-can-wait-on-hike.html
But because the Fed supposedly didn't "prepare" the pussy market, Fed might not hike rate until June. Subsequently, yay, market is up, everything is up!!!
Chill, bro. I could have made a year's wages this past week if I went all-in into POT. It was forming a pretty obvious bottom around $21 and was up to $25 yesterday. But recovery/rally based on short-covering, speculation, and all-in = bit risky so no.
The fed, especially under Yellen, seems to take communication very seriously. Just look at how long they prepared the market for tapering out their bond buying. Then how long they took to make the first rate increase.
The time you should worry is if they do something that no one expected. That means they know something the rest of the market doesn't.
It doesn't really matter except for how people react to it. The main purpose of telegraphing moves far in advance is to manage expectations. The affect on the economy is probably nominal especially considering the fact that the fed has done nothing to shrink the money supply. Total assets on their books haven't changed since 2014. What will really matter is when they start to sell those assets (or stop replacing them as they mature). But I don't think that will happen until you see a convincing increase in core PCE. Apparently this is the indicator the fed favors over core PCI. Here is their current forecast but don't be surprised if they're wrong. It wouldn't be the first time.Something that I saw other people say: how well could an economy be doing if it can't handle a measly 0.25% rate hike from 0.50% without months of coaxing and warning?
3D printing companies corrected from hype to reality. they are only going to sell so many units and make so much profit and the technology is not as useful as the inital hype, at least not yet.
A lot of investors lost a lot of money when the prices corrected and there has been no good reason to buy in since the correction. Plus the overall market is pretty tough now.
Michael
I think even for folks who looked at 3D printing more soberly, the allure is gone. If I happened to have access to a 3D printer to play around, I would probably be set for a few nights of tinkering and enjoy the nerdliness. Do I see any need to buy one? No.Yes, the "soon we won't need factories, we'll 3D print everything at home" hype...
Because 3D printers are great at assembling complex devices with moving parts with hundreds of different materials, different melting points, and heat treatments applied.
Wasn't the Army going to start putting 3d printing stations in the field. I think they were going to use them to 3d print mechanical parts. Except I didn't think you could get anything with necssary strength since metal printing is done by powder sintering.
I'm sure you must realize that you can't trust any of the stats coming out of China. At one time you might have been able to trust HK numbers but even that's gone down the tubes. So if Chinese govt is admitting a 70% decline it's either because they have to for some reason or it's not nearly as bad as the data they're not showing you.Hong Kong home sales fell 70% year over year in February... But the Chinese, where are the 1.3 billion Chinese from within the country?
http://www.afr.com/real-estate/resi...tial-sales-plunge-70-per-cent-20160307-gnc8fw
And read something about how rises in certain Chinese cities were insanely big over the past year, so much so they looked similar to what happened in 1997 before crashing.
I'm sure you must realize that you can't trust any of the stats coming out of China. At one time you might have been able to trust HK numbers but even that's gone down the tubes. So if Chinese govt is admitting a 70% decline it's either because they have to for some reason or it's not nearly as bad as the data they're not showing you.