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davejh23 (< 20)

September 2011



ECRI says new recession is unavoidable...

September 30, 2011 – Comments (8)

What's significant about this call?  They've never issued a false alarm on a recession call.    [more]



Why is the Dow up 550+ in two days?

September 27, 2011 – Comments (7)

According to the media, that likes to provide an explanation for every single market move in either direction, this move is all based on "hope".  Nearly every headline from yesterday and today has read something like "Stocks soar on Europe hopes".  Some of these articles have cited specific rumors, some have discussed probable details of the next loan for Greece, and some have provided no details at all...just that investors hope things will work out in Europe.  This doesn't really sound like the recipe for a lasting rally...especially as we approach Q3 earnings season and lowered guidance and weak earnings have far outweighed positive earnings news lately...something we haven't seen for quite a while now.  [more]



What's going on with Netflix?

September 19, 2011 – Comments (0) | RELATED TICKERS: NFLX

First, they announce price increases that tick off a ton of long-time customers.  Many vowed to cancel their services, and it appears that they followed through.  Now, the CEO comes out and says "Oops, we handled that badly...but now we're going to split our DVD and streaming businesses."  Even if the idea of the split makes sense from a business standpoint, why the name change?  Why make it more difficult for potential customers that want to register for both services?  With rapidly increasing competition, many users have complained that Netflix's service already isn't best in class.  Has their subscriber base peaked?  Can they say goodbye to the rapid growth that many predicted would continue for years to come?  If so, then they can say goodbye to their sky high P/E multiple.  The stock rose significantly this morning, but is currently down 7%+ from this morning's high.  If they can't figure out how to start growing their business again, and rapidly, this stock could easily have 50%+ downside from here.  [more]



Crash Indicators

September 12, 2011 – Comments (4)

S&P cross of 50 and 200 day averages (death cross)...check.  [more]

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