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Old 01-30-2017, 09:29 AM   #106
sammy the sage
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Heavy insider selling recently...across the board...sometimes tho...instead of an upcoming down market as was the case in the past....it could mean the "Big Dogs" got giant stock option bonus's...so just collecting some FREE cash from mom/pop investor(s)...and market will continue to roll...then again maybe not....
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Old 01-30-2017, 10:17 AM   #107
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Quote:
Originally Posted by sammy the sage
Heavy insider selling recently...across the board...sometimes tho...instead of an upcoming down market as was the case in the past....it could mean the "Big Dogs" got giant stock option bonus's...so just collecting some FREE cash from mom/pop investor(s)...and market will continue to roll...then again maybe not....
Some of the insider selling in banks was because options that had been awarded but which were out of the money in November, got into the money just before expiration in January.

I assume this was probably true for any industry that participated in the post election rally but was very visible in financials.
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Old 01-30-2017, 10:39 PM   #108
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Barrons-a periodical that I have found to be more right than wrong about the stock market's future through the years- cover story this week thinks that the Dow could reach 30,000 by 2025 assuming no trade war or real war. It's a paid subscriber article so linking to it is pointless but there's a quick summary by someone who doesn't agree with the premise.

http://www.zerohedge.com/news/2017-0...-one-condition

OTOH, I'm not convinced I should take someone seriously who identifies themself after a character in a Brad Pitt movie.
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Old 02-01-2017, 08:49 AM   #109
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It's a bull market.
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Old 02-01-2017, 09:35 AM   #110
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It's a bull market.
it can go up point wise and not be in a bull market if the value of the currency does not keep up with the value of the dow.
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Old 02-13-2017, 10:08 AM   #111
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Quote:
Originally Posted by sammy the sage
Heavy insider selling recently...across the board...sometimes tho...instead of an upcoming down market as was the case in the past....it could mean the "Big Dogs" got giant stock option bonus's...so just collecting some FREE cash from mom/pop investor(s)...and market will continue to roll...then again maybe not....
Heavy insider selling isn't as predictive as heavy insider buying. Rich people always buying expensive s_ _ _, paying tuition to Harvard and Stanford, and cutting checks to ex-trophy wives.
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Old 02-13-2017, 10:28 AM   #112
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good things come in three's

living lock #1 Trump to win presidency

living lock #2 New England Patriots to win superbowl

living lock #3 $50 and $100 dollar bills are going bye bye just like the $500 and $1000 dollar bills did in the early 70's. this stuff is happening all over the world right now. something different going to replace those bills at some point.

silver going to go ballistic at some point this year or next.
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Old 02-13-2017, 11:11 AM   #113
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Quote:
Originally Posted by lamboguy
living lock #1 Trump to win presidency

living lock #2 New England Patriots to win superbowl

living lock #3 $50 and $100 dollar bills are going bye bye just like the $500 and $1000 dollar bills did in the early 70's. this stuff is happening all over the world right now. something different going to replace those bills at some point.

silver going to go ballistic at some point this year or next.
The 100's , I agree will probably be gone in the next few years but the fifties have value.Most banks in Europe and Asia only change money for their customers so tourists have no use for currency (cheaper to use an ATM ,even with the fees), although third world countries still have an unholy lust for US cash .I usually bring 3000 in hundreds when I come to the Dom. Rep in the winter, so it would inconvenience me to bring double the amount of bills but it will also inconvenience the drug cartels.
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Old 02-13-2017, 11:31 AM   #114
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Originally Posted by barahona44
The 100's , I agree will probably be gone in the next few years but the fifties have value.Most banks in Europe and Asia only change money for their customers so tourists have no use for currency (cheaper to use an ATM ,even with the fees), although third world countries still have an unholy lust for US cash .I usually bring 3000 in hundreds when I come to the Dom. Rep in the winter, so it would inconvenience me to bring double the amount of bills but it will also inconvenience the drug cartels.
maybe i am pushing the envelope with the fifties, but since i have't been going to the casino's or race tracks i find myself walking around with a bunch of credit cards and less than $50 in my pocket at all times. even when you need to take an Uber ride they don't even take cash.

when the government does get rid of the bills it will save them plenty from printing the stuff. there will probably be a lot of down side to go with getting rid of these denomination's.
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Old 02-13-2017, 12:39 PM   #115
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If they want to save money, getting rid of the penny like Canada did makes more sense.

I can't imagine the print cost on a $100 bill is any different than the $10.

And unless they intend to actually decrease the amount of cash in circulation, they would have to substantially increase the print of smaller bills.
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Old 02-13-2017, 12:45 PM   #116
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I can't imagine the print cost on a $100 bill is any different than the $10.
The anti-counterfeiting technology/measures that are used in the printing of the $100 bill, make it costlier to print than any other bill....
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Old 02-13-2017, 02:46 PM   #117
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If they want to save money, getting rid of the penny like Canada did makes more sense.

I can't imagine the print cost on a $100 bill is any different than the $10.

And unless they intend to actually decrease the amount of cash in circulation, they would have to substantially increase the print of smaller bills.
i would say they probably would want less money in circulation and maybe rely on some type of digital money like what other's are trying to do throughout the world now.
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Old 02-13-2017, 08:58 PM   #118
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Has anyone noticed today was another record day in the stock market? Of course people noticed but it is ignored on here it for reasons I simply do not understand.
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Old 02-13-2017, 09:36 PM   #119
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Has anyone noticed today was another record day in the stock market? Of course people noticed but it is ignored on here it for reasons I simply do not understand.
before Trump got sworn in there were a lot out there that doubted his ability to govern, same thing happened with Obama. now it looks like more people trust his judgement.

during Obama the dow almost tripled, if it doubles with Trump that would be great. i don't think that will be that easy, but still very possible if the dollar continues to fall the dow could make some science fiction moves.
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Old 02-13-2017, 11:47 PM   #120
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Originally Posted by reckless
Has anyone noticed today was another record day in the stock market? Of course people noticed but it is ignored on here it for reasons I simply do not understand.
The market has been going up since 2009...straight up basically...so not sure what reaction you're expecting HERE when record highs are recorded...ho-hum I say.

Should I be shocked? Surprised? Dumbfounded? Awed?

Call me when we drop 10-20%...now THAT would be worth noticing...
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