Joe Economy - Comments

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Prophylactic Close-Outs On Teva Pharmaceuticals
10 years ago

Would be interested to see your current option views on Teva?

In this article: TEVA
Here’s Why Median New Home Sale Prices Collapsed In September
10 years ago

Most likely, house prices will remain strong considering the ongoing difficulties involved with getting financed, together with the very limited inventories in many US cities today. The situation is unlikely to change unless the Govt. softens its stance on mortgage lending.

Hot Stock Commentary: EMC Corporation
10 years ago

I read that a big influence on EMC's stock price is the belief that it will sell off its huge 80% stake in VMWare (VMW) which contributed $23.2 bn in 2013 revenues. (Over 20% of EMC's total revenues).

In this article: EMC
It's Not Too Early To Buy Crude-Based Investments
10 years ago

Looking back at the chart for (OIL), it seems it began its steep decline on around June 25. Since then it has continued a steady and steep decline.

Looking back to October 8th when you had suggested it was maybe time to buy, the index has tanked over 40% from $21.53, down to $12.54 as of today Dec 30!

Question is, have we hit bottom yet?

In this article: OIL, USO
Lumber Liquidators – Not Down For The Count
10 years ago

In its most recent up/downgrade history since April 2010, (LL) has been downgraded six times, and upgraded only once in that same period.

In this article: LL
Pull The Plug On Utility Stocks
10 years ago

And if yields are your thing, you might want to consider these high yield utility stocks:

Stock name / ticker / % yield

Just Energy Group (JT) 16.25%

Atlantic Power (AT) 14.33%

TransAlta Corporation (TAC) 7.89%

In this article: SPX
Why The Price Of Oil Is Finally Declining And Why It Will Lead To Disaster
10 years ago

And this just in, as of today Tues. Dec 30, Brent crude oil fell to a 5-1/2-year low below $57 a barrel. Eventually, it will rebound, and now is surely the time to consider buying oil stocks.

In this article: USO
Part-Time America:Unemployment Rate Of Little Value
10 years ago

Together with the massive numbers of underemployed and part timers are the other folks who can no longer collect benefits and therefore don't show up in the stats. The unemployment numbers don't show the true situation on the ground. What they fail to portray are the people who are no longer eligible to collect unemployment benefits because they have used them up. These people are considered the long term unemployed and do not not show up under the Government's unemployment radar.

How Does The Islamic State Fund Itself? Here’s How
10 years ago

Its easy to blame Obama and point the finger at the US. Too often the U.S is turned upon to be the policeman of the world. ISIS is the free world's concern not just the US's. What we need is a global coalition including Arab countries to come together to fight this barbaric enemy of the free world.

How Will Saudi Arabia Respond To Lower Oil Prices?
10 years ago

Hope it never happens, but sooner or later another Middle East war is what will zap some energy back into the current low oil prices.

What I would like to see is an OPEC developed electric car network throughout the largest oil producing countries in the ME and South America.

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