Thursday, May 28, 2015

Stocks Continue to Meander

  • The market really doesn't look that healthy. Other than the money chasing the high flyers (tech, semis, drugs, IT security), look at the rest of the mess. 
  • Of course, the Nasdaq hit all time highs just yesterday. LOL.  
  • The market looks so bad, it feels awful making all this money!
  • I'm still long but do have a little cash.  I can't help but think we get some selling down to a moving average just to scare folks.  I have a shopping list of stocks with ridiculously high valuations. 
  • Retail stocks look ugly.  Transports look ugly.  Worth noting. Doesn't that mean demand for stuff is down? Or is everyone only buying $AAPL Apple watches?
  • I think the Pebble Time watch looks like a good watch until Apple gets a few generations into their fixes and improvements.  
  • Dodgers can't beat good teams. Giants killed them with three shut outs.  Now on the road in St. Louis. 

Saturday, May 09, 2015

Saturday Market Thoughts

  • So, just when it seemed as if “sell in May” was gaining some momentum, Friday happened and the market is now back near all time highs.  Crazy!
  • Reason du jour is a jobs report that, well, met expectations.  Wasn’t too hot or cold.  Unemployment supposedly fell a tick.  As much as we can trust any of these numbers…  I will say I think things aren’t as bad as the bears make out to be, and not as good as the bulls make out to be.  So things are status quo – and, what’s wrong with that?
  • So, Tom Brady to be suspended for up to half a season?  Thank goodness for them and their fans that they play in the AFC East, consisting of a bunch of other teams that seem to be stuck in neutral.
  • I remain long stocks.  I was thinking about trimming on the Friday blast up, but didn’t.  Maybe I will regret it.  But seems like fighting zero interest rates has been a fools errand.
  • Watching the GOP cast of characters vs. the Democratic party’s cast of characters and I’m very worried.
  • Here in Sacramento there are water restrictions coming in.  Can only water lawn once a week!  Maybe it’s time we go full-desert and replace lawns with rock.  Lawns are just a bunch of work anyway!
  • Britain had an election that was supposed to be close.  Or so they said.  LOL.
  • Anyway.  So, baseball season.  Nice to have a game on at most times of the day.  I did renew to MLB and MILB packages.  Always something to watch!  Haven’t been that excited about the NBA playoffs.  Such is the dilemma of Lakers’ fans!
  • Almost done with Netflixing the final season of Sons of Anarchy.  What a great show, but it was time to end it I think.  Like the seriousness and gravity of the final season so far.
  • Also binge watched Bloodline.  Liked it!  Slow here and there, but it builds…
  • I’m not sure what to think about McDonalds.  I own the stock $MCD, but have to say that they face challenges with fast casual competition growing like a weed.  The stock hasn’t done much, but hasn’t really bombed either.  (Although not moving when the market has had a nice run is hard to watch).  Also noticing that lines have been picking up recently locally, but I don’t think it’s as crowded as Starbucks!  $SBUX.

Monday, May 04, 2015

Sell in May?

  • Sy Harding passed away last week. He was one of the "Sell in May" guys who used the MACD to identify a time to sell stocks in the Spring and buy stocks in the Fall.  Sad to hear that he passed and my thoughts and prayers are with his family, friends, and all who followed him.  
  • The market had an uneasy April. Will May be better? So far!  It is tempting to Sell in May.  The market has not had a decent pullback or correction in awhile. Yet, sometime moving sideways for a long and boring period of time eases things.  What to do... What to do...
  • I am still long the market but may ease back a little.  Just having a hard time deciding because Sell in May hasn't worked recently.
  • I didn't watch the fight. Big news is that the fight was transmitted live for free over the live streaming sites like Twitters Periscope. Will the fight organizers go after Twitter?  They say they may go after both the companies that allow the piracy and the Pirates themselves.  
  • The Dodgers playing well. At home, anyway. 
  • The Warriors also playing well. Anywhere there is a basketball court. 
  • I binged watched Bloodline on Netflix. Liked it!
  • Twitter earnings weren't such a shocker, but the way the earnings were released and the investor reaction was.  Facebook had only sold off a little after their earnings, so when the other big eyeball sites like Twitter, Yelp, and Linked In fell so hard, I know it caught me off guard.  
  • Although honestly, I don't "get" Linked In.  It's the site I use the least, no matter who is endorsing me for a skill set or wants to connect. Gee, go see me on FB for cryin out loud. At least I post pics of my dog on FB!
  • Of those I use Twitter the most.  Then FB. Then Yelp. And rarely look at Linked In.