Joe Economy - Comments

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Stocks Have Never Been More Expensive Based On Long-Term Growth Forecasts
10 years ago

Curious to know why you believe the Fed directs everyone into stocks? What do you suggest as a better alternative to stocks? Are ETFs a safer bet perhaps. However you look at it, all investments that remotely relate to the S&P are exposed to risk.

In this article: SPY
PRTA Reports Initiation Of NEOD001 Global Phase 3; KERX Offers Phase 2 Trial Results For Auryxia
10 years ago

Despite the huge upside potential with successful biotech stocks, unless you understand their incredible complexities and volatility, you might be better to avoid. Personally, I am a big fan of Biogen Idec Inc. (BIIB) which is up 573% in the past 5 years!

In this article: KERX, PRTA
Gold Finds Support At $1191
10 years ago

If there's any truth to the adage that when the stock markets are up, gold is down, then perhaps now is the time to buy gold or gold stocks while prices are relatively low. When the stock market eventually sinks which we all know will happen sooner or later, gold will be on its way up and that way you can hedge. Yesterday (GLD) closed at 115.14 bouncing off its 52 wk low of 109.75 on November 6th.

In this article: GLD
The 5 Best NASDAQ 100 Stocks
10 years ago

All four stocks are also trading close to their 52 week highs. One could alternatively look for promising stocks trading close to their 52 week lows like IBM, BBG, and RIO.

In this article: ADI, BBBY, COST, CSCO, ESRX
Invest In The Market’s Second Most Hated Sector, And Win
10 years ago

Housing stocks are still very unpredictable. Projections seem to be that interest rates are set to increase mid 2015, and along with that will be a rise in mortgage rates.

In this article: BZH
A Farewell To Arms?
10 years ago

US National defense budget estimates for 2015 here: comptroller.defense.gov/.../FY15_Green_Book.pdf

Bull Of The Day: America's Car-Mart
10 years ago

Similar stocks to consider are AutoNation Inc. (AN), Penske Automotive Group, Inc. (PAG) and Rush Enterprises, Inc. (RUSHA).

In this article: CRMT
Commodities Drop; Oil Prices Down
10 years ago

As oil prices drop, will we see a continued knock on effect with gas prices? I predict prices will soon start rising again.

Virgin America Plans IPO At $1 Billion Valuation
10 years ago

Update: since its IPO on Nov. 13th, Virgin has shot from $23 up to $38.12 at close of markets yesterday (Dec.2) - an increase of just over 60%.

In this article: LUV, JBLU, NDAQ, SAVE
Target Q3 Earnings Surpass Estimates On Upbeat U.S. Sales
10 years ago

Target has a decent yield of 2.08 (2.80%) and market cap of 46.34bn, but I still prefer Walmart (WMT) with a slightly lower yield of 1.92 (2.20%) but a gigantic market cap of 278.40bn.

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