A picasso painting l'femme d'alger is estimated to sell for $140 million, a record. Sounds like a market crash is coming.
Friday, March 20, 2015
Sunday, March 15, 2015
There are 3 different stocks that I would buy in my 401k.
A total bond market fund- rising
A total stock market fund- peak
Cameron stock (oil ind.)- valley
I will keep buying cameron until the total stock market fund drops about 40% or so. then i will buy that. I will sell CAM when it is atleast $90 since im buying it around $45.
I will try to constantly buy low and only sell high. Im not sure what I will buy if all 3 are high but maybe I could add a 4th, the stable value fund.
Friday, March 6, 2015
Wish I could buy the euro, its at 12 year lows today, dang.
The euro is almost equal to the usd. This has happened from the perfect storm of a crash in oil prices, problems with greece and ukraine, ecb will buy over a trillion in bonds, currently a strong-sounding american economy with low unemployment (also cuz of low oil prices, even with layoffs in the oil industry). Buy eur/usd like a maniac if u can. there is no fundamental change anywhere, just a big hiccup from the oil sell-off and thats almost over.
Buy at 1.10 or lower, could sell at 1.50 within within a few years if u want to wait that long.
Sunday, March 1, 2015
Saturday, February 28, 2015
Im hearing about buyouts and mergers everyday. 10 yr and 30 yr bonds look great to buy. I think they are basically at their bottom, wish I had a load of cash to throw at them. Oil wants to trade up but typical 3rd world issues are slowing it down. Apple and cigna, my insurer, are both at the moon right now. Apple is putting a lot of effort to keep people talking about them, im assuming because someone wants to cash out as high as possible. The ceo of cigna already cashed out to pocket nearly $30mil. Damn. Overall equity is a little trendless. The news stories are rediculous and that is telling me selling will start soon. Llamas running loose in arizona, everyone arguing over the colors of a dress. I think the selling could start after tax season and when gas prices go back up.