Just how sick is the stock market?

**torts** · 07-10-2009, 03:22 PM

Originally Posted by PhillyKev

The current yield on Vanguard's High Yield Corporate Fund (i.e. junk bonds) is 8.57%.

Thanks for pointing that out. Expense ratio is low too.

Top 10 holdings: VWEHX: Holdings for VANGUARD HIGH YIELD CORPORATE F - Yahoo! Finance

**torts** · 07-14-2009, 04:49 PM

Intel crushed it -- beating expectations and raising guidance for the current quarter.
The Santa Clara, Calif. chipmaker posted an adjusted profit of $1 billion, or 18 cents a share. That is down from the 28 cents in the year-ago period but more than twice the 8-cent pro forma profit target analysts had for the stock.

Intel Beats, Raises Guidance | Technology | Financial Articles & Investing News | TheStreet.com

fxy. gld.

**torts** · 07-16-2009, 07:08 AM

"I'm selling everything next week. Things are only going to get worst."

"doesn't make sense, does it?"

JPMorgan Profit Beats Estimates; Shares Jump
JPMorgan Chase's earnings beat market expectations Thursday, when the bank reported earnings per share of $0.28 compared with analyst expectations of $.04 and said its profit was reduced by repaying the TARP funds."

JPMorgan Chase Earnings - JPMorgan Profit Beats Estimates; Shares Jump - Earnings * US * News * Story - CNBC.com

**torts** · 07-16-2009, 04:09 PM

"things are going to get worst. a lot worst. buy ammo, bottled water, and granola bars, and go to the nearest bomb shelter. trust me."

"IBM today announced second-quarter 2009 diluted earnings of $2.32 per share compared with diluted earnings of $1.97 per share in the second quarter of 2008, an increase of 18 percent. The earnings per share results were the highest for any first, second or third quarter in the company’s history ."

http://finance.yahoo.com/news/IBM-Re....html?x=0&.v=1

**Malloy** · 07-16-2009, 04:36 PM

torts: suzy/gez is not here

**torts** · 07-29-2009, 04:22 PM

mm hmmm

SAN FRANCISCO (MarketWatch) -- Visa Inc. said late Wednesday that fiscal third-quarter net income came in at $729 million, or 97 cents per class A common share. That compares to net income of $422 million, or 51 cents per class A common share, a year earlier.

**torts** · 07-31-2009, 03:45 PM

ap: 164

"big deal. it's just money."

**torts** · 07-31-2009, 03:50 PM

"I'm getting out of the market completely. The Taliban are set to invade Manhattan." (wow, the exact opposite of everything you said)

MasterCard beats Wall Street's expectations

Related: Articles Topics Share MasterCard Inc. said Thursday that it booked a profit of nearly $350 million during the second quarter, exceeding Wall Street's expectations.

Bester News - MasterCard beats Wall Street's expectations - Related

**CHIOSSO** · 07-31-2009, 05:15 PM

One of the first lessons of any cooking course is learning how to make stocks. A stock is basically the liquid that eventuates from simmering bones.

**torts** · 07-31-2009, 06:27 PM

bac at 3. "dumb"

wow. lol.

**torts** · 07-31-2009, 06:32 PM

"Stock Rally Likely to Last, But Don't Forget to Take Profits"

Stock Rally Likely to Last, But Don't Forget to Take Profits - Yahoo! Finance

profits? huh? what are those? "now that doesn't make sense, does it?"

**torts** · 07-31-2009, 06:46 PM

Profit reports push Dow to best July in 20 years

Profit reports push Dow to best July in 20 years - Yahoo! Finance

"but housing values are plummeting all around us. and they're going to fall much, much more. i'm glad i sold everything and moved to tenochticlan. i've got a stack of gold, wheat pennies, and cal ripken rookie cards. i also have a crystal ball and a wee-gee board, so i can see the future. and ap, rimm, and goog are not in it." wow.

**torts** · 08-02-2009, 12:17 PM

"THE stock market rally that began in March, only to stall in May, appears to be back on track. ...The sectors that have been outpacing the broad domestic market since May 8 have been technology, which has returned 18 percent, and health care, up 10 percent. What do these sectors have in common? Their profits have held up considerably better than the overall market in this downturn."

It's a good thing "we" saw this when all the "sheeple" headed for the exits.

http://www.nytimes.com/2009/08/02/yo...1&ref=business

p.s. i'm surprised there's no mention of fxy and gld. lol.

**torts** · 08-03-2009, 10:41 AM

Stocks extend gains after manufacturing report
Stocks push higher as August trading begins amid signs of healing in manufacturing, housing

Stocks extend gains after manufacturing report - Yahoo! Finance

is this really happening? wow, even i'm not sure what to do. suzy, gekko, say something. anything. you're my cue as to what NOT to do. thanks.

**torts** · 08-03-2009, 04:13 PM

took some chips off the table today. maybe buy a few krugerrands. crazy.

**DrDoom** · 08-04-2009, 01:13 AM

Carrry on Shorts.....

YouTube - Trader on Bloomberg says markets are manipulated and volumes 'ficticious'.

**ArcticSplash** · 08-04-2009, 06:08 AM

On stocks, a lot of people who thought they were hot sh*t turned out to be nothing more than just a warmed up fart.

This author basis his prediction for the "Second Coming of Christ", if you will... on too-low volume:
Downey Financial Investors Should Seize the Day and Sell -- Seeking Alpha

But my prediction is based on real data that was presented several years ago:

We haven't even really STARTED to feel the pain. And before you say "but wait, didn't most people try to get re-finan..." NO.

Only a small fraction of that 2nd mountain got refis.

**ArcticSplash** · 08-04-2009, 06:16 AM

My pred is that 2nd mountain of Option ARM resets destabilizes everyone's confidence and retail investors run like mad out of the stock market. That 2nd mountain of resets is LOWER than the sub-prime resets (the green mountain we just got over) because of all the re-fi action, the remaining ARMs still out there ready to reset is still huge.

Congress has no idea this "Recession - Part Two" is coming, either.

The stock market will continue to ignore this and will continue to go up since we're in a veritable lull with mortgage resets. We may even see an improvement at Christmas over last year, and people will start to think the worst is over. Then BAM... one more year of sh**.

Investors are tired of hearing about mortgages and houses, but that's where most consumers have plowed their wealth into the last decade. Since we're a consumer-driven economy, our economy will be total crap for another 3 years while the invisible hand comes along and pushes property values even lower than they are now.

After the prices plummet more, there will be a huge wave of buying and homebuilding since the affordability of housing will mean too many renters who have build up savings can now afford houses cheaply and will want to move back into permanent housing.

They'll also be furnishing their homes, so that means manufacturing will get a really big boost and home price appreciation will go back to a positive curve.

That's about the time when we'll see a crazy amount of consumerism return. Late 2011/2012.

If you are a real-estate agent and can bear this lull period over the next 2 additional years, you should make out like a bandit when you catch the recovery wave.

**torts** · 08-04-2009, 09:10 AM

I predict that when the arms reset people stop using Google. Forever.

**DrDoom** · 08-04-2009, 10:14 AM

As the Titanic was sinking the following statements were heard from the watching experts:

"She's sinking, boys ... She's listing badly now ... Look at the water-line, nothing can save here now ... Wait! The stern is coming back up! She's saved! ... The bridge is going under. She's going now ... Wait! The stern is lifting into the air! She's taking off, up she goes into the wide blue yonder, better get back aboard boys, while you can ... She's down by the bow ... She's flying high! Look at that stern soar! ... But where did the bridge go? ... There she goes. Soaring. Sinking. ... She's gone."