Movers & Shakers: Highlights of rising and falling U.S. stocks - General News - General
There is nothing much better than a multi-thousand dollar nap at the beach. This morning, I enjoyed bocce ball on the beach, had a good lunch and a great afternoon nap. While sleeping the AMTD deal was announced. Six dollars per share in cash and the stock is up $2.65 per share. I should go back to bed!
As a bonus, ET is trading up $1 per share. The talk is that other deals will follow. It is possible that SCH, ET and AMTD will become the "big three" discounters. Scott trade, BrownCo, Harris Direct and others may have other plans.
The big swap brewing between CITI and LM indicates that the industry restructuring is not over. I see the day when most investors will use independent fee based advisors and discount brokers.
The health care index is on a nice run. The market is rotating through the sectors in the normal pattern. Buffett is getting a lot of press in regard to utilities. Utilities have had a nice run. I will focus more on health care.
BUY THE BULL! STOCK AND BOND INVESTORS ARE MAKING MONEY. MONEY MARKET INVESTORS ARE NOT. BILL GROSS IS CALLING FOR A 3% LONG-BOND. I WILL STAY WITH STOCKS. I EXPECT 25% GAINS IN THE S&P OVER THE NEXT 12 MONTHS. BONDS REPRESENT THE DISCOUNT RATE ON EARNINGS. IF BONDS YIELD 3% STOCKS MIGHT TRADE AT PRICE TO EARNINGS RATIONS OF 25 TIMES! BUY THE BULL AND HANG ON FOR THE RIDE!
There is nothing much better than a multi-thousand dollar nap at the beach. This morning, I enjoyed bocce ball on the beach, had a good lunch and a great afternoon nap. While sleeping the AMTD deal was announced. Six dollars per share in cash and the stock is up $2.65 per share. I should go back to bed!As a bonus, ET is trading up $1 per share. The talk is that other deals will follow. It is possible that SCH, ET and AMTD will become the "big three" discounters. Scott trade, BrownCo, Harris Direct and others may have other plans.
The big swap brewing between CITI and LM indicates that the industry restructuring is not over. I see the day when most investors will use independent fee based advisors and discount brokers.
The health care index is on a nice run. The market is rotating through the sectors in the normal pattern. Buffett is getting a lot of press in regard to utilities. Utilities have had a nice run. I will focus more on health care.BUY THE BULL! STOCK AND BOND INVESTORS ARE MAKING MONEY. MONEY MARKET INVESTORS ARE NOT. BILL GROSS IS CALLING FOR A 3% LONG-BOND. I WILL STAY WITH STOCKS. I EXPECT 25% GAINS IN THE S&P OVER THE NEXT 12 MONTHS. BONDS REPRESENT THE DISCOUNT RATE ON EARNINGS. IF BONDS YIELD 3% STOCKS MIGHT TRADE AT PRICE TO EARNINGS RATIONS OF 25 TIMES! BUY THE BULL AND HANG ON FOR THE RIDE!
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