Friday, June 10, 2011

Schwarzenegger Stocks -- FusionIO


With Steve Wozniak (cofounder of Apple) as Chief Scientist, who wouldn't want a piece of the action?  

Apple and Facebook are FIO's biggest customers.

Challenges and Opportunities for Alternative Transportation Fuels and Vehicles


The Promise of Electric Vehicles

"...Our long term success will only be insured by the adoption of our product by paying consumers and our ability to make and sustain a product while delivering it on a profitable basis. However, for this and other promising early stage energy technologies to gain a foothold in a market monopolized by the large incumbents, policy makers and legislators must take action and create breathing room for these new technologies to gain a foothold in the commercial marketplace. This must happen if we ever have a hope to achieve the larger national and economic security advantages of a diversified transportation energy sector..." 

Tuesday, June 7, 2011

Don't Get Scared; Buy The Dip This Week


We should get a rally Tuesday.  Both Madmoney and Fastmoney were negative last night.  Almost without fail, when both segments have the same strong sentiment on the same day...the market goes contrarian on the following day.  In the long term scheme of things this contrary play is meaningless, but for the immediate short term you can make some dough.  Futures are already gapping up huge.

The market is now very very oversold in the intermediate term as well and a reversal could be at hand any day now.  The risk/reward doesn't favor shorting stocks here. 

Q2 is about to end at the end of this month.  It's likely why market participants have been jittery lately.  We probably don't need Q3.  The full effects of Q2 hasn't been felt yet until about 12-24 months later, which means the stock market will be on massive nitro bull mode in 2012.  Bears, you've been warned.

Sunday, June 5, 2011

Charlie Munger: Google Has Incredible Moat

"Google has a huge new moat.  In fact I've probably never seen such a wide moat.  I don't know how to take it away from them.  Their moat is filled with sharks."

Charlie Munger (via Marketwatch)

Friday, June 3, 2011

James Altucher: Dow Jones Headed To 20,000

I believe that, since I called Dow to 36,000 before just about anyone (including Altucher) right in the middle of the financial crisis.

Thursday, June 2, 2011

Jamie Dimon: The Economy Is Getting Stronger


(Reuters) - JPMorgan Chase Chief Executive Jamie Dimon is upbeat on the prospects for the world's largest economy, telling investors on Thursday that pessimism is overdone and the economy is actually "getting stronger."

"The underlying dynamics are pretty good, pretty broad-based and getting stronger, not weaker," Dimon said.

U.S. companies have the most cash in decades and are making "good profits," said Dimon, who heads the second-biggest U.S. bank by assets.

"The consumer is far stronger than two or three years ago," added Dimon, who was speaking at a Sanford C.Bernstein investor conference.