Video interview and update on the current State of the Markets, as well as the overall State of the Economy with Daryl Montgomery of the NY Investing Meetup (interviewed by Alexander Morris of moMoneyTV and PassMeThePork.com). Watch NOW to learn if there are any opportunities currently offered by the markets. We have the answers for what’s on everyone’s mind, “Is there any room in the stock market for it to PASS ME THE PORK??!”
Here are some additional highlights from Daryl’s blog post that I mention in the video:
“Last week Alcoa (AA) offered a perfect example of the bull market reaction to news. Earnings were not just bad as everyone thought they would be, but were even worse than expected by 3 to 5 cents (depending on which analyst survey you looked at). The stock actually opened up the next morning and then settled down for a small loss on the day. I had sold out my position (purchased off the bottom) in anticipation the earnings would be worse than expected. However, since the market obviously didn’t care about that, I bought the stock right back the next day (at the market, I don’t take the risk of not getting a good bargain by setting limit orders). Alcoa then had a big rally on Thursday. When a stock goes up like this on bad news, it indicates all the bad news has already been priced in. When that happens the price can only go up. You didn’t read about that in the mainstream press however. All you saw was negative coverage of how poor the aluminum business was last quarter even though the market couldn’t care less what happened last quarter.
…
People don’t make money in the stock market because they focus on the irrelevant – and the mainstream media is more than willing to help you do this. Pay attention to what the market is actually doing if you goal is to make money investing. Then you need to take action. If a consumer goes shopping and sees an incredible bargain at 90% off, they don’t usually say I’ll come back next week to see if its 95% off or I’ll come back and get it in a couple of hours when I’m done with my shopping (lots of luck that it will still be there). People do this with stocks all the time though and this is one of the major reasons the average person has trouble making money investing.”
Tags: bailouts, bernanke, commodities, credit crisis, daryl montgomery, economy, federal reserve, gold, hank paulson, inflation, investing, ken lewis, ny investing meetup, obama, oil, shipping, stock market, trading
43 Comments »
RSS feed for comments on this post. TrackBack URL
pass me the pork(CASH) baby lol
Republicans trailer parks? Republicans are way too busy selling broken down cars to niggers down and exploiting other ethnics with phony mortgage schemes like what Penny Pritzker did on the South Side of Chicago. You must be thinking of all of the genetic prizes that show up on the springer and oprah shows or the ones who go to the Oobonga town meetings and chant “YES WE CAN, YES WE CAN, YES WE CAN, YES WE CAN, YES WE CAN, YES WE CAN, YES WE CAN, YES WE CAN, “
Fact is: The rednecks in my trailer park still have McCain Palin bumper stickers right next to their Jesus saves stickers. They drink Natural Ice crappy beer, and I kick many out for making meth labs on my property. Yeah, Bush got their votes. He really did them some good. The GOP is on it’s deathbed. Pull the plug on em.
Here’s a nice video of your fellow geniuses, eat up 53C2-b8BOLs BTW, go check the overnight S&P, not a lot of conidence there in your boy’s ability to control the wetback flu outbreak.
Nice. Soak in the stupidity of these brainwashed wingnuts: zRqcfqiXCX0 A one day S&P avg? Check out the direction it’s been heading the last month. The GOP didn’t see many runs like that since Bush picked his nose in the Oval Office. And wtf does the S&P have to do with the pork pind eaters flu?
Before Bush left office it had recovered to as high as 9,000, based on his policies. Then after Oobonga took office it went down to 6,500 and now it hovers below 8,000 despite the fact that you poured over a $1 Trillion in government money into the market. Oopsie, guess you failed to notice that the dollar has lost 7% of its value since he took office as well. Guess you’ll have to put off that european vacation again. Must be his winning policies that have thrilled investors, eh?
1st the Dems cause the S&P fall just by being elected, then Bush gets the credit for bringing it back while Dems are seated? Then Obama gets blame for inheriting an S&P on a downward spiral? But Clinton gets blame for leaving Bush a recession? Lotsa teflon and lube on your Bush? Europe? No thank you. I prefer Hawaii. You know, the state where Obama the Muslim, Kenyan, fascist, socialist, terrorist, elitist wasn’t born, b/c Rush said so.
Ass from uncle your words “I dumped every share of stock after Bush won his first term, put everything in CDs to be safe and haven’t regretted any of it.” Then you missed the S&P going from 780 (after Clintoon’s recession came to an end in November of 02) to 1,780. Because after all you were busy earning a wopping 4% with your cash stuffed up you ass. Too bad, loser, just stay bitter about.
NOZZLEblossom, of course: Everything in the S&P did well. Sure it did. Let’s just take averages.BTW: Funny you bring up the Clinton recession after the near depression you’re Bush left for others to clean up. Hilarious! LMAO!
dummy, no one I know was stupid enough to stick around for the consequences of Nasti Pelosi’s spending and Barney Fags mortgage meltdown. Bush made plenty of people rich, very rich and we enjoyed every minute of his presidency. That you didn’t see this coming is no one’s fault but your own. As you may have heard, us wackos spent a lot of money on guns and ammo in the last six months, which have also gone up in value.
Obama is the greatest! Bush still sucks!
Nice hero workship Les, sholdn’t you be loafing under a highway department truck someplace? Geez, maybe if you write the crachouse a letter, they will let you come by and sniff Oobonga’s toilet seat after he busts a big greasy log.
keep up the great work…
Daryl Montgomery has got a little BBT in Slingblade kinda thing goin on, but he’s very informative lol 5*s
SOMETHING GOOD WILL HAPPEN TO U AT 9:10 SOMEONE WILL CALL YOU OR TALK TO YOU ONLINE AND SAY I LOVE YOU OR ASK YOU OUT BUT HERES THE CATCH Send To 3 vids
True … true… true! Liquidity aka quantitative easing aka dumping in to the markets lots of freshly printed money resulting hyperinflationary in the future!
you recorder your sound at 35kb/s??
where’s the babe with the nice tits
I dumped every share of stock after Bush won his first term, put everything in CDs to be safe and haven’t regretted any of it. The stock market always goes to crapola when a neocon buys a seat in the Oval Office.
haha lol no xD
I may be crazy – even though the voices tell me I’m not – But… The notion of big government bailouts defeats the notion of a free market economy. What the hell ever happened to ‘laissez faire’ capitalism? In my way of thinking, the United Spots of Amorica’s big stinking government should have let the bastards fail and declare bankruptcy instead of acting like a bunch of communists, and strapping our future generations with indebtedness… Just one man’s opinion…
until he spoke, i thought that daryl montgomery was dead
Lol! Sooo NOT nice…or nice NOT
People who will not use their intelligence are no better than animals. Such people are beasts of burden and steaks on the table by choice and consent Consequently, in the interest of future world order, peace, and tranquility, it was decided to privately wage a quiet war against the American public with an ultimate objective of permanently shifting the natural and social energy (wealth) of the undisciplined & irresponsible many into the hands of the self-disciplined, responsible, and worthy few
Since 2000 the DOW has gone up 3%, (far less than the rate of inflation) During the same time, the Jim Rogers index has gone up 257%
man im no stock market… wheres the damn girl???? mayby we can get some more chocalte fudge on her ;D
1. Cover your mouth with you hand 2. Make a wish 3.Close your hand (fist) 4. Hold you hand at heart for 5 seconds 5. Send this to 3 more videos 6. Tommorrow will be the best day ever
.. and Yes, it is NOT a free market, neither the currency market nor the stock market.
yes no pork just manipulation.
Check out BIS ( Bank for International Settlements ) via Wikipedia . Look at the BOD .. all the Central Bank’s bosses including Geithner and Bernanke. So yes, they are all working together. So now they’re saying 3% minimum tangible assets is a “good bank” ? Didn’t The Basel Agreement say 8% was minimum? So they’ve changed the rules again .. and all the banks are “now” OK ! LOL ! Would “you” put your money in such a bank ? I wouldn’t !
CIA dir nominee Greenburg is CEO of AIG; Ret CIA dir Slatkin is on Citibank board; Ret CIA dir Deutch boards Citigroup; CIA Exec Dir Krongard profited in millions off 911 insider trading & Chaired investment bank A.B. Brown & Vice Chair of Banker’s Trust; VP of NYSE Doherty is x-CIA; CIA Dir Casey chairs SEC; Bush Sr worked CIA since 63 & chair investments with Bin Ladens, younger Bush runs WTC security (allowed 6 days w/out security prior to 911), only money Lil Bush made was through Bin Ladens
5*+favourited!
Thanks You!
No pork!!!
Since the government and the Federal Reserve is giving money to Wall Street, time to take your fair share of this government money! LOL!!!!
The FED, acting as bartender, gives out free booze to the bankers The FED caused 3 depressions in the 30s, (google how their flood & retraction of currency correlates precisely with Corp failure & unemployment) The Federal Reserve Bank is privately owned The FED owes its duty to private shareholders! FED precipitated 1 quadrillion dollars in fake derivatives! The FED wants the USA to collapse! The FED is NOT part of the US Government! Once the USA collapses, they buy up assets for pennies
The Fakeral Reserve Bank is a private bank, and none of us have any say over it. I know the Fakeral Reserve Bank is buying U.S. treasury bonds, so hyperinflation is just over the horizon. I will just take the money the Fed is pumping into the stock market and buy precious metals, and precious stones with the profits. This way, you will be protected from the coming inflationary period.
xd hahaha
Results 1 – 10 of about 127,000 for al gore jeff fisher The other day it was 112,000 Meeting place the next five days from noon to 2 p.m. Idlewild Books Neighborhood: Manhattan/Flatiron 12 W 19th St (between 5th Ave & Avenue Of The Americas) New York, NY 10011 (212) 414-8888 idlewildbooks com Please bring me a cigar A cigar puts me into many different modes of thinking, creating and expounding on my unique abilities to end the police state in America and World wide. I am always the Good Guy!!!
pork!!!
Pork less Porkies in 2009.