TickerHound.com

Will C and BAC be nationalized over the weekend?

Fri, 20 Feb 2009 10:18:00 -0500

Been looking at C and BAC and they've been pummeled the past couple days. Today isn't looking pretty either. I've been interested in C because of the price, and given that Feb09 contracts are expiring today, I thought the stock was unusually oversold due to unloading. Now i'm thinking otherwise given that it's down double digits from yesterday. Rumors of nationalization are obviously there. I don't think C will get nationalized given foreign interest investors. Thoughts?

Further derailing in the housing market for 2008?

Fri, 01 Feb 2008 09:01:30 -0500

My question isn't whether or not housing will be weak. No doubt market perception will still linger throughout 2008, where the only light in the tunnel might be taken into consideration at earliest 3Q2008. In addition, the collapse in mortgage industry financing last year, the demise of the subprime housing market, an upcoming period of higher â€œresets,â€ high home inventory levels and tighter overall lending standards will continue to depress housing activity. However, even though housing will remain â€œweakâ€ again this year, the issue for overall economic growth is whether housing activity weakens â€œfasterâ€ than it has in recent years. We're starting the year with a level of housing starts almost 50 percent below peak recovery levels. Real residential spending has declined at an annualized rate of almost 17 percent in the last six quarters. My question is HOW weak will the housing market going to be this year?

Is Helicopter Ben not practicing monetary and fiscal discipline?

Fri, 01 Feb 2008 12:25:10 -0500

Brian O'Keefe over at CNN Money interviewed Jim Rogers recently on his view on the global economy. Not surprisingly he was quite bearish on the US, specifically financials, which he's shorting quite heavily. That and he's bullish in China, not surprising again, given his slight love affair with that market. The recession question is always debatable. However, he did mention the Fed's emergency rate cut of 75 bps and the recent official 50bps as "out of control". "Bernanke is printing huge amounts of money. He's out of control and the Fed is out of control. We are probably going to have one of the worst recessions we've had since the Second World War. It's not a good scene." Though I may disagree with the "one of the worst recessions", I do question Bernanke's motives and decisions. Rate cuts aren't magic pills that will help this market in the long run. Thoughts?

What's a great stock market software?

Tue, 22 Jan 2008 17:13:44 -0500

I was wondering if anyone knew of any great market quote software that's out there that's very comprehensive and robust. Things I'm looking for are great user interface, real time quotes, options chains, at least up to level 2 quotes, great charting, etc. All the tools that the brokerage companies give are quite inadequate I think for some serious analysis. I know there are some that actually give recommendations as well. Thanks!

Any thoughts on ETFC after their huge selloff?

Tue, 08 Jan 2008 16:42:45 -0500

http://www.247wallst.com/2008/01/share-collapse.html "After a huge sell-off of Countrywide (CFC) shares that forced the company to deny it was in deep trouble, shares of another weak financial firm, E*Trade (ETFC) are off 20% and have traded as low at $2.08. Nice day for short sellers." This seems a bit severe given that their exposure to anything subprime related is not as bad as people think they really are. In addition, they have a good business model incorporating brokerage, loans, and retail banking. They've been punished already due to their bad allocations but this seems unwarranted. Doesn't hurt that Citadel injected over $2 billion in the company. Any one think this might be a good entry point?

Has anyone tried Chris Rowe's CRISS program? I'm really curious on people's thoughts on this matter.

Fri, 04 Jan 2008 13:15:21 -0500

What is a great technical trading book to read?

Mon, 07 Jan 2008 10:45:13 -0500

Looking for a great book on technical trading. Not anything hardcore quantitative, but something above beginner level. I've been a fundamentals guy and want to try out technical analysis on my research. If there's a book anyone knows, please let me know. Thanks!