Birchtree's Account Talk

[Birchtree]

"And we are clearly in a bubble. Arguably the biggest bubble for the S&P 500 in the last 30 years." Please take mercy and give me more bubbles - give my wife some too. We enjoy what bubbles can do to our financial future.

http://www.marketoracle.co.uk/Article41504.html

 

[Birchtree]

"Stock market divergences continue while VIX drops."

http://www.marketoracle.co.uk/Article41507.html

 

[Handballer]

Good news

 

[Handballer]

Sent pm.

 

[Birchtree]

3 coal stocks set for a bounce - MarketWatch

 

[hotwings]

3 coal stocks set for a bounce - MarketWatch

Here is another good read on coal... I think coal is where the big banks were a year or two ago and money can be made here with patience in mind. Coal is a cheap source of energy for many countries outside of the USA. I think BTU is the cream of the crop in the coal industry and I'm buying more today ahead of their earnings tomorrow. I still can see a double within 2 years if the world economies continue to improve.

A Bullish Case For Peabody Energy - Seeking Alpha

 

[Birchtree]

All I want in my stocking for Christmas this year are more coal shares - the more the better. "We are seeing the first 'green shoots' of this potential rally."

 

[Birchtree]

I'm now within $5K of margin availability - and I just don't think the market is going to reward me this week. That would be nothing new - always pain before gains.

Slower Growth Means The Fed Will Likely Keep The Money Flowing - Seeking Alpha

Market Outlook: Remember This Market Mood! | Trading On The Mark | Safehaven.com

 

[Birchtree]

I did manage to get up over the hump for margin accessibility early this morning - but it seems as though Ferdinand is trying to hold me back from buying. No matter, I know what my destiny is and I'm prepared to participate the first chance I get to run in front of the Grand Trunk. So many, many sweet wall flowers begging for attention - I can't resist. I'm resigned to the fact that the market may not propitiate for another week - patience is a virtue.

 

[hotwings]

Here is another good read on coal... I think coal is where the big banks were a year or two ago and money can be made here with patience in mind. Coal is a cheap source of energy for many countries outside of the USA. I think BTU is the cream of the crop in the coal industry and I'm buying more today ahead of their earnings tomorrow. I still can see a double within 2 years if the world economies continue to improve.

A Bullish Case For Peabody Energy - Seeking Alpha

Glad I picked up some BTU yesterday. BTU's earnings call bodes well for coal stocks going forward. Except for a few speed bumps, it "should" be a slow and steady rise up from here.

 

[hotwings]

"Amid concerns about the strength of key economies around the globe, America's biggest manufacturers have found some unexpected signs for optimism. General Electric and Honeywell each reported stronger results out of Europe, rising orders from China and bright spots in a sluggish U.S. economy when they delivered their second-quarter earnings reports on Friday. Neither company was ready to declare a global economic recovery, but their results didn't bear out the gloomiest forecasts, either." I funders take note.

Even Mr. Booyah is suggesting that Europe is starting to pick up speed. I'm upping my I Fund exposure....

As fear of turmoil grows, Europe lands on Cramer’s radar

 

[Birchtree]

We remain fortunate that only a few hoofhearted folks read this thread because we want to keep the coming outperformance of the I fund a secret - once it becomes a crowded trade the performance is finished. That time will arrive but is probably a year or two away. I can't wait until I have some buying power - got WEN and MTG in my sights for dca.

 

[Birchtree]

"History shows that virtually everytime an investment style has been declared dead, the market takes a turn that, ultimately, resurrects it."

Investing strategies that will outlive us all - Chuck Jaffe - MarketWatch

 

[Birchtree]

Ignore your feelings, obey the market - MarketWatch

 

[Birchtree]

"A rest phase might be just around the corner, but that could be a good thing because previous pauses have proven to be good buying opportunities."

Rhythmic market suggests caution on new buys - MarketWatch

 

[rcknfrewld]

if the historical chart he showed continues its rhythm the S&P should be heading back down to the 700 level...

 

[JimmyJoe]

Rhythm market. It'll do something funky after SPX 1720, then only for a moment. After that it's onto 1750 and 1800. Guess that's what you said. Ha. Anyway, I like your comments about the I fund rising now, at this time. I'll try it again, jumping in the I fund, around the 10th of August.

 

[Warrenlm]

Explaining CAT's disappointment - CNBC Interview with CAT CEO. Speaks to future of mining despite current slowdown.

 

[Birchtree]

"From a weekly perspective, the broader NYSE Composit Index joined the S&P 500, NASDAQ, and Dow by recording a new closing high. As long as these bullish breakouts hold, it is relatively easy to maintain a bullish stance."

Bears' Worst Nightmare - No Tapering In September | Chris Ciovacco | Safehaven.com

The current bull market has proved to be the strongest since the 1940s.

 

[Birchtree]

European stocks rise after upbeat PMIs - Europe Markets - MarketWatch