Birchtree's Account Talk

[JimmyJoe]

Good article. Silver (and gold) will eventually boom, and the stock bubble will eventually pop when the bond bubble poops. I mean pops.

I don't think Birchtree linked us to an article about silver being a buy, though it could be when it hits $15/oz. No, Birch was using this article, the first part, to show how people are selling everything, grandma's broach, your brother's old comic books, dad's Fender Stratocaster, to get into stocks.

 

[OBGibby]

to show how people are selling everything, grandma's broach, your brother's old comic books, dad's Fender Stratocaster, to get into stocks.

...which may be a great indicator that the music is about to stop...

 

[Birchtree]

I have only three dividends to be reinvested today - the days of wine, roses, and golden prices are gone, but in the longer term prices are still cheap and contribute to my income stream. I posted this last week: "Remember, throughout recorded history, such breakouts following a lengthy trading range (13 years) have always been followed by a multi-year secular bull market - primary trend should remain up for years." So from that perspective equities are still golden and I'll keep buying. Snort.

 

[Birchtree]

Hot List: Don’t Be Troubled By Bubble Talk | The Guru Investor

 

[jkenjohnson]

BT,

My wife just opened a Roth IRA WITH $2,000 (MAX SHE CAN PUT IN). What would you buy with it?

 

[wavecoder]

The bull getting tired? Bull tinky i say! :nuts:

 

[Birchtree]

Ken, you might look at Baytex Energy (BTE) - they pay a monthly dividend and purrfect for reinvestment.

 

[Birchtree]

sniper,

Ferdinand is just resting on his laurels after ramping strong ytd - we are coiled for a strong move into Spring and beyond.

Ritholtz on the “Most Hated” Rally | The Guru Investor

 

[jkenjohnson]

Ken, you might look at Baytex Energy (BTE) - they pay a monthly dividend and purrfect for reinvestment.

Thanks

 

[Birchtree]

Mr. Seth Masters of Bernstein Global Wealth Management is predicting the Dow will hit 20,000 by 2018. I'm not saying that will happen, but if it does I'll leave this world a very wealthy man. Mr. Masters also doesn't think higher interest rates down the road will derail a Dow-20,000 scenario. I'm going to leverage myself up to my nostrils and buy more and more wall flowers to increase my income stream. I now have 151 dividend increase announcements ytd - that's a great cola going forward.

 

[Birchtree]

So far I'm down -$75K on the week but today promises to get me some of that back - happy, happy, happy. Only 2 dividends for today so I'll pay a little more for my shares. I'll be chasing Ferdinand for many months going forward. I'm reminded that a funny thing happened on the way to higher stock market prices - the small guy missed out. It looks like we are headed for a melt up in stocks the rest of this month. Snort.

 

[Birchtree]

"Of the 5 bull markets that made it to their fifth birthdays, they posted gains of 21% in year five, 0n average. For stock market bulls, a slow growing US-economy, at slightly less than 2%, is the sweet spot."

Will the 'Least Loved' Bull throw a 'Taper Tantrum?' | Gary Dorsch | Safehaven.com

Hard to believe it has been 790 days since a -10% correction - maybe it'll go 1000 days.

 

[Birchtree]

"Currently, market breadth is very strong with over 80% of stocks in long term upward trends and does not indicate a top is in the process of being formed."

The Time to Be Bearish Is When Breadth Is Weak, Which Clearly Isn

 

[hotwings]

"Currently, market breadth is very strong with over 80% of stocks in long term upward trends and does not indicate a top is in the process of being formed."

The Time to Be Bearish Is When Breadth Is Weak, Which Clearly Isn

Now might be the time to pick up some of the more hated stocks (coal, steel and materials) that "should" do well as the world economy recovers... just grabbed some more BTU, CLF and AKS.

 

[Birchtree]

A few more buyers and we'll be back in uncharted territory come Monday - so investors who missed out on the recent bull run for stocks may still find that compelling investment opportunities remain. Hotwings is find some.

 

[Birchtree]

Today is the first of four triple digit Dow gains - Monday should see a lovely gap up and away we go.

 

[Birchtree]

My oceanic didn't produce any great shakes this week: -$27K, -$28K, -$7K, -$13K +$51K for a give back of -$24K. So I look forward to next week and some positive results and will continue to party on. Afterall time in the market can be more rewarding than timing the market.

 

[Birchtree]

If interest rates are not to increase until sometime in 2016 - then I have to remember stocks rose almost every time the Fed has increased interest rates. Who knows where the Dow will be in 2016 - however we are in a new multi-decade Supercycle bull market. So the game is to accumulate as many assets as my wheelbarrow will hold. And if we are in the beginning of a new, secular bull market then volume will become very strong, afterall the market is discounting the future.

 

[Birchtree]

Bear Market Bottoms: Smart Money Buying Opportunity | Toby Connor | Safehaven.com

 

[Birchtree]

"What I'm telling you now is that the overall market should continue to surge in 2014."

http://www.marketoracle.co.uk/Article43473.html