CULTURE, EDITOR'S DESK, FUNDAMENTALS, GREEDY CREEP, MARKETS/ECONOMY, MONEY, THINKING NOW

Money Talk. Tone Matters.

JANUARY 10, 2019. Some say market downturns dissuade. Casual investors stack statements to one side. They pile up just like the losses they report. Not us. Quite the opposite actually. We love it.
Investing’s difficult, until you accept that investing’s difficult. At that point, if you’re still paying attention, it’s fun. Losses still suck, but in an entirely different way. Once fully committed, losing only ups your game. Maybe Alabama will go that way. Or not. Have you. Never avert your eyes. Full agency is the way.

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GREEDY CREEP, INVESTING, MARKETS/ECONOMY, THINKING NOW

Toxically Crispy Is Not Value. What Is?

JANUARY 9, 2019. Radiation doesn’t really glow in the dark. But real value does. Beat the weeds if you will. But the good stuff lives in the light.
We live in macro times. The equity train has been hijacked by politics and global economics. Nothing new here. In the midst of this macro beat-down even the best and brightest have been beaten bloody. Now’s your chance–and ours also. It’s bargain-hunting time–really. But what’s a bargain look like now?
“Value” does not roll off an assembly line with an orange sticker. Value is created, and bargains don’t flow in only one direction. The buyer’s forced to give something up too. But what? Weak fundamentals, technicals, or the stark fear of the unknowable? Pick your poison, because you don’t get out the door carrying value, without also taking a does of something ugly. STOCKjAW points at which ugly to pick.

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BUSINESS, EDITORIAL, GREEDY CREEP, INVESTING, MARKETS/ECONOMY, MEDIA, THINKING NOW

No Speed Limit To Stupid. Chopsticks Please.

JANUARY 8, 2019. Wanna go for a joy ride? Snap on CNBC. A lot of fast air exists there. Some say Becky Quick can get Warren Buffet to talk truth. Becky is a stone professional fully capable of getting most any man to say nearly anything. On the other hand Joe Kernen just says, anything.
But really, the parade of financial advisors tromping through are the unreal deal. CNBC’S Chief Market analyst Bob Pisani is terrific. The man adroitly sums up market action in mere moments. Some say Americans are both lazy and violent–thus the drive-by. And that troop of “guests?” Is that some sort of lazy drive-by “advising?”
Kernen’s ceaseless shuck-and-jive in the morning gives way every afternoon to those investing advisor cartoons. Even when water-boarded they spit forth the same spam. What’da ya expect for free?
Bring chopsticks if you intend to consume.

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BUSINESS, CULTURE, EDITORIAL, GREEDY CREEP, MEDIA, THINKING NOW

Chinese Charm. American Assets.

DECEMBER 31, 2018. On the cusp of a sparkling new year, who can deny it? China is thrilling, and amazing. As Anthony Bourdain noted, it’s far too large, diverse, and old, to know. Nonetheless the world clamors and struggle’s to be let in. Even Alphabet has switched course. From without, China is yet more a paradox than not. And on it goes.
Globalism daily corrals more of our thinking. Advocates prattle about that big pie of unity. The so-called synergies of an efficiently interconnected world system are said to be worth it, and nations without barriers the path. Can we have a “nation’ without barriers? Having cake and eating too.
History is not a blank state–oops, slate. History indeed is routinely “written by the victor.” Yet not all history is bunk. Thanks Aldous Huxley for the joke. What in fact does history tell us about China’s ability to become a trusted and open free-trader? Is their true goal simply economic? U.S. history has never been simply that. STOCKjAW takes a closer look.

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EDITORIAL, GREEDY CREEP, INVESTING, MARKETS/ECONOMY, MONEY, TECHNICALS

In Is Good. Out Is Good. Too Much Leads To Blindness.

DECEMBER 3, 2018. Powell’s an artist, a fore-runner. Rookie fed chairs aren’t supposed to electrify. Yet Jerome’s a Star now and rates will rotate around him like a constellation of glistening divinity. Who knew? Are we really “not far” from O.K.? Whatever.
Good news. If you’re in or if you’re thin, we’ve got reasons for you to congratulate yourself.
Like a famous German doctor, Powell administered some essential life juice. The moribund equity market sat bolt upright and roared.
But what about you? Wednesday’s rally brought all sectors to life, investors invested party-hat style, and growth looked good. Nice. Again, whatever.
Are you long-term? Did you hit the exit in October? Should you love your way back in now?
Dead cat bounces and relief rallies don’t spell “BUY” to us. We want more before we show our money. Yet, Verizon went on sale yesterday.

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FUNDAMENTALS, GREEDY CREEP, INVESTING, MARKETS/ECONOMY, TECHNICALS, THINKING NOW

Fabulous Values. Glamorous Prizes. QuikClot Anyone?

NOVEMBER 27, 2018. How cheap is cheap, and how much might that cost you in the end? Buying cheap in a tumbling market may mean “bring QuikClot.” Cheap can be a funky dead money pit. Those are known as “value traps.” We have a prime example, maybe four.
Diversification ranks as the only free lunch and everything else costs. Prices vary but actual “value” varies more. Nature provides in the summer and takes away in the winter. Bulls provide while they run and value calls when they stumble, or are tripped.
Are low price-to-earnings multiples, or flouncy dividends, reasons to buy? STOCKjAw swivels a spotlight on value now.

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EDITOR'S DESK, FUNDAMENTALS, GREEDY CREEP, INVESTING, MARKETS/ECONOMY

Valuation Fun With Peg And P/E. “Who’s P/E Again?”

NOVEMBER 25, 2018. Go ahead. Jerk the O-ring on any Chatty money manager. What comes out? “Valuation.” That’s right. What’s it worth now, after the splintering market-wide mud slide.
Obsessions come in every form and some are healthy. We have two, or actually one, with two TRUE faces.
Maybe, possibly, this bull’s not dead. But it’s no longer moving. Wave goodbye.
Those glorious bag-ramming gains of a happy mile-wide market have popped. Think soap bubble. Gains will not tumble forth in twin-fisted flurries. Late has darkened to later. Gains will hide hard, in crumbs and invisible to many. Why?
Nine-year-old bulls do not rage. They amble.
What investors face now is a pure “technical” market. Translation? Only the few will prosper–both companies and investors. But how? Discipline and precision. Wanna win?
Don’t move without knowing. Wanna prosper?
Precisely pin the true current value of your equity candidates, and never over-pay. STOCKjAW shows the way.

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