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They have ran out of "other people's money" but they want the party to go on.
I feel bad for any tourists that have stayed there during this. They would be best to get out of Dodge so to speak.
Greece won't be the only one in that situation by …
Greek banks and the Greek stock market will not open Monday.
Also, things in Greece....not good.
http://www.zerohedge.com/news/2015-06-28/ignoring-tsipras-plea-calm-greeks-storm-atms-stores-gas-stations
" ...all markets could use a reset. This would be a prime time to do it."
The problem that I have is that I have a difficult time believing that they want to let that much reality intrude. I would not be surprised if Draghi used this as cover to do…
There will be a reaction and most likely a negative one on Monday because we are dealing with a very reactionary market where people sell first and ask questions later and large institutions can dump quickly.
Hey, maybe the market will take this as…
To me it seems like the Chinese government was/is trying to push money from the traditional investment of real estate into the stock market, which is/was ultimately I think not a good decision from the standpoint of if you have people investing in r…
A lot of investors have overweighted on healthcare. Maybe time to pare back a bit?
Healthcare REITs do not trade with healthcare and primarily follow REITs, as far as I've seen.
Personally, I'll continue to sleep well at night with healthcare. I d…
This is a spectacular bubble that people aren't talking about much. I mean, the charts on things like Molycorp and Lynas (the latter has gone from $2.65 to 3 cents, the former from $70 to gone) are remarkable.
Funny that nobody has mentioned the insurance companies, that will have piles of cash rolling in. Perhaps they will be even better investments that the healthcare companies?
Mentioned in the opening post. As I noted, I think they're going to consoli…
To me it's a somewhat troubling situation of a retail-saturated market (I mean, look at the chart of how many accounts were created there recently) where moves one way or the other seem to be exacerbated.
"To get a sense of the frenzy in China’s w…
Due to interest rates. Ventas is on the top of my list in the category and I'm increasingly interested in that at these levels.
http://www.forbes.com/sites/bradthomas/2015/04/27/ventas-knows-how-to-make-dividend-magic/
Ventas recent presentation:
…
As I've noted in other threads, I think obesity in this country is an epidemic/crisis. Obamacare is not going to change that - it will treat it. There has to be a change in the mentality and maybe I'm wrong but you have all of these ads that show th…
PRESSmUP, took a look at VTR on Schwab. Schwab gives it a 'D' rating, Ned Davis Research list it as 'Sell', Reuters Research lists at 'Hold', and Market Edge Second Opinion says 'Avoid'. It is down about 22% from it's January high and continuing to…
This is a good decision, IMHO.
Started a position in VTR after seeing this news.
Yeah, I won't go into a whole thing but ultimately I think with the way that things are it's a good decision and ultimately one that I just didn't see going the other …
I agree on FB. As for Google, I think there is a great deal of potential in a lot of what Google is doing and the Google of 5-10 years from now I think may look very different than the Google of today (nothing against the Google of today, which is a…
Thank you for your comments on Celgene - glad you're also quite positive on the company.
I have a lot of respect for Vegan/Vegetarian, but I know myself and I think it would be extraordinarily difficult for me to go that route. I have moved away fr…
Great call, Scott, when GILD was below 100. I own THQ also. If you are looking for froth, FBIO (formerly CNDO) and NVAX are Jim McCamant's picks from a while ago that I still have. No dividends, of course.
Thanks! :)
Gilead ultimately didn't make s…
Have so much in healthcare. Added to THQ yesterday (11.2% discount to NAV), AGN doing well after adding that the other day. Looking for others.
http://www.latimes.com/science/la-sci-sn-more-americans-obese-than-overweight-20150620-story.html
@Scott - Nobody ever lost money by taking profits!
I agree with most everything that you've mentioned. Yet I think that the market has yet to fully price in the dominance of GILD's HCV cure as well as GILD's dominance in the global HCV market. I …
@Scott - You're the first person I've come across anywhere on the internet who thinks that GILD is overbought. I'm holding and not adding to my GILD position as it's a larger position than I want it to be, but I'm certainly not selling any GILD sha…
It's sad that Greece has gone this way, but everyone involved has to ultimately face the situation here because the reality is that the underlying economy in Greece is broken and requires a lot more than just throwing money at the problem. If it's a…
I guess the question for those with at least a moderately longer term view is - what's changed?
With stuff like this:
http://www.mutualfundobserver.com/discuss/discussion/21815/look-how-much-weight-we-ve-gained-since-the-1960-s#latest
I just see c…
http://www.huffingtonpost.com/2014/10/13/food-water-footprint_n_5952862.html
This Is How Much Water It Takes To Make Your Favorite Foods
This is a must read and really pretty remarkable.
Took a little profit on overbought GILD, planning to keep the remainder. May look at other names in health care as I'm not against adding further to the sector.
With T-Mobile I used to have a plan where they throttled if you went over x amount of data. Now I have unlimited with them and I'm totally spoiled by it - I go through 15-18GB of data a month.
Another point to think about, farmers in California are getting hit with restrictions now. That should cause food prices to go up if things get worse. Not a good scenario what with an economy on shaky legs.
I see more and more agriculture investin…
"So we can't build bigger pipes?????????????????????"
It will be fascinating to watch the other forty-nine states step up in Congress and tell how enthusiastic they are about helping to pay for shipping water to California. And let's see now, as lo…
Long ECL, DHR, although especially the former. I do think this is going to be a theme that isn't going anywhere and will quite possibly get worse. Both are long-term buy/holds, but I think Ecolab's mix of need-based hygiene/sanitation services makes…
@Scott- When Jeb said "we can do better" I wonder if he had the Donald in mind?
There's actually an episode of "The Simpsons" set in the future where Lisa becomes president after Donald Trump has a horrible term as President. Honestly, nothing would…
This has the potential to be a HUGE problem this time around, as the Fed has no interest-rate weapons left to coax the economy back to the positive side.
There's always NIRP. Or devaluing the dollar. Or QE4 (or 5 or whatever we're on.)
It would not…
"ncluding Walgreen's not accepting Express Scripts coverage in 2011, that was resolved with Express Scripts designating Walgreens a preferred provider. Most recently (April) Walgreen's expressed interest in acquisitions, with speculation about it ac…
"The funny thing is even though almost everyone agrees we need more infrastructure spending on roads and bridges, we still can't seem to get it done as a nation."
Nothing funny about it... more like pathetic.
What he said. It's absolutely pathetic.
