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Stock-Age: Stocks, Options and Dividends oh my!
- Thread starter koam
- Start date
Cheesemeister said:
It's due to foreign exchange fluctuations, as well as the overall market yesterday. Nintendo's last earnings revision pointed to an assumed exchange rate of 115 yen to the dollar, while the current rate is 107.27 (but yesterday it dropped to a 2 1/2 year low of ~106). Investors are spooked that continued strengthening of the yen may cut into Nintendo's earnings, causing them to miss expectations. I wouldn't fret it since Nintendo's estimates are usually very conservative.
If you're worried though, you could always hedge it by buying some FXY shares, which track the yen's rate vs. the dollar. Also, keep in mind that any foreign exchange losses should be mitigated by the fact that the NTDOY.PK ADR is denominated in dollars but represents 1/8 of a full Japanese 7974.OS share, so ideally its value should increase as the dollar weakens (e.g. at 100 yen = 1USD, today's value for NTDOY.PK would be ~$67.25).
Ether_Snake
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Based on the low AH trading of INTC I think I'm right, it will continue to go down some. I'll be waiting, and the same goes for NVDA.
DCO gained back some of its losses. The thing is, right now with INTC/NVDA ahead of the my list I don't think I'll be able to invest in aerospace soon, and yesterday's drop for no apparent reason makes this one more confusing than it should be:|
Tomorrow is NPD day right? Gotta keep my money INTC, but it should be good for at least ATVI. UBI dropped 4% today. Assassin's Creed has been selling very very well, so I think NPD will be in their favor. It dropped almost 15 euros in like two weeks, could be a good opportunity. I think the delays of FarCry 2, Splinter Cell and Brothers in Arms is what caused the drop. R6 Vegas 2 and Haze this spring.
EDIT: About railroads sector; a lot of companies are reporting earnings on Jan 22.
http://biz.yahoo.com/ap/080116/railroads_sector_preview.html?.v=1
Maybe some good opportunities if the values fall a bit afterwards.
DCO gained back some of its losses. The thing is, right now with INTC/NVDA ahead of the my list I don't think I'll be able to invest in aerospace soon, and yesterday's drop for no apparent reason makes this one more confusing than it should be:|
Tomorrow is NPD day right? Gotta keep my money INTC, but it should be good for at least ATVI. UBI dropped 4% today. Assassin's Creed has been selling very very well, so I think NPD will be in their favor. It dropped almost 15 euros in like two weeks, could be a good opportunity. I think the delays of FarCry 2, Splinter Cell and Brothers in Arms is what caused the drop. R6 Vegas 2 and Haze this spring.
EDIT: About railroads sector; a lot of companies are reporting earnings on Jan 22.
http://biz.yahoo.com/ap/080116/railroads_sector_preview.html?.v=1
Maybe some good opportunities if the values fall a bit afterwards.
RumblingRosco
Member
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Ether_Snake
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ATVI will probably go up because they'll most likely raise their forecast like they did once already (which caused the shares to go up). NPD itself might not, but I expect the higher forecast soon.
DCO I'll keep an eye on, I'm just gonna go for INTC first. CNI second maybe, gotta check how the railroads could do in the next months or if demand will continue to lower.
Anyone knows when NVDA should release its next earnings?
DCO I'll keep an eye on, I'm just gonna go for INTC first. CNI second maybe, gotta check how the railroads could do in the next months or if demand will continue to lower.
Anyone knows when NVDA should release its next earnings?
You know cats out of the bag when Cramer admits alot of Financial books are cooked. Now for the impending credit crunch to bring down the rest of the market. Yay <3
Bernanke and Congress can talk about a stimulus package all they want, still won't improve matters that a large portion of loans: subprime, prime, AAA, insured, mortgage, cars, whatever are all worth less then the paper they're printed on.
Bernanke and Congress can talk about a stimulus package all they want, still won't improve matters that a large portion of loans: subprime, prime, AAA, insured, mortgage, cars, whatever are all worth less then the paper they're printed on.
RumblingRosco
Member
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Miroku said:
World isn't ending, just the end of another credit cycle. Supposed to happen every 60-80 years. Basically consumer spending, speculation, and debt run themselves into the ground. Meanwhile taking a percentage of banks down with them that played with the money too much.
Human nature really.
Miroku said:
Hard to say, the problem has compounded itself quite badly over the last few years. Worse case scenario, 1929. Doubt it'll get that bad.
All depends on how fast this all comes clean. More the banks start marking to market their assets to cover these losses.(And theres much more) The more we can come to grips with the damage. As of right now it doesn't matter how much money Central banks inject into the system. No one trust anyone right now to payback the money. Simply because theres too much fibbing on the books. Since credit is what this economy is founded upon(Both Consumer and corporate), if credit slows down so does everything else. The question is how much, and how long.
P.S. If a major bank declares BK, all bets are off.
Watching Intel's stock tank from nearly $27 at the end of the year to $20 now has been rough. Stock options are back under water, and of course the shares I own are hit. Sucks, it had just gotten back to where it was when I joined Intel four years ago. :lol
I moved a big chunk of my investments to mutual funds consisting of 100% international instruments. The US funds I have left are heavily weighted toward dividends (which reinvest); they got about 7% last year so we're insulated a bit. It's going to be a rough year, though.
I moved a big chunk of my investments to mutual funds consisting of 100% international instruments. The US funds I have left are heavily weighted toward dividends (which reinvest); they got about 7% last year so we're insulated a bit. It's going to be a rough year, though.
Ether_Snake
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i'm gonna sleep on my shares, but I really want to buy INTC next week or two weeks from now. Oh well.
RumblingRosco
Member
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Synth_floyd
Banned
I've been reading that the fundamentals of the market are still pretty weak and that the bloodbath could continue for a while. Banks still have billions left to write down, the economy is in recession now, when the Fed drops interest rates the dollar will continue to plunge, oil is still high, the housing market is still in a depression, inflation is high and will go up when the Fed pumps more money into the system, consumer debt is high, etc. From what I've been reading, watch out.
speculawyer
Member
Is there an economic indicator that is not showing bad news?
Trade deficit: massive
Budget deficit: huge
Inflation: up big time
Consumer confidence: lowest value ever recorded(!)
Stock market: down hard
Jobs: lots of lay-offs
Real Estate: Bubble popped
Geo-political-climate: Shitstorm . . . pretty much everyone hates us including our allies.
Credit situation: credit crunch
Wage growth: close to nil
Currency: Dollar has been devalued heavily (First time I've seen Canadian dollar worth more!)
Consumer debt: Massive
*sigh*
Trade deficit: massive
Budget deficit: huge
Inflation: up big time
Consumer confidence: lowest value ever recorded(!)
Stock market: down hard
Jobs: lots of lay-offs
Real Estate: Bubble popped
Geo-political-climate: Shitstorm . . . pretty much everyone hates us including our allies.
Credit situation: credit crunch
Wage growth: close to nil
Currency: Dollar has been devalued heavily (First time I've seen Canadian dollar worth more!)
Consumer debt: Massive
*sigh*
speculawyer
Member
Screw that . . . I want 1992 to 2000 back.Soka said:
Synth_floyd
Banned
The Japanese stock market has been in a massive bear market for almost 20 years. The Nikkei peaked at about 40,000 in 1990. Now it's at about 13,000 or so.
If you think this is bad you weren't around for the crash of 1987.speculawyer said:
Posted from Wikipedia
"Black Monday is the name given to Monday, October 19, 1987, when the Dow Jones Industrial Average (DJIA) dropped by 508 points to 1739 (22.6%),[1] and on which similar enormous drops occurred across the world. By the end of October, stock markets in Hong Kong had fallen 45.8%, Australia 41.8%, Spain 31%, the United Kingdom 26.4%, the United States 22.68%, and Canada 22.5%. New Zealand's market was hit especially hard, falling about 60% from its 1987 peak, and taking several years to recover.[2] (The terms Black Monday and Black Tuesday are also applied to October 28 and 29, 1929, which occurred after Black Thursday on October 24, which started the Stock Market Crash of 1929.)
The Black Monday decline was the largest one-day percentage decline in stock market history. Other large declines have occurred after periods of market closure, such as Saturday, December 12, 1914, when the DJIA fell 24.39%, ending the four month closure due to the outbreak of the First World War [3] , and Monday, September 17, 2001, the first day that the market was open following the September 11, 2001 attacks.
Interestingly, the DJIA was positive for the 1987 calendar year. It opened on January 2, 1987, at 1,897 points and would close on December 31st, 1987, at 1,939 points. The DJIA would not regain its August 25, 1987 closing high of 2,722 points until almost two years later.
A degree of mystery is associated with the 1987 crash, and it has been labeled as a black swan event.[4] Important assumptions concerning human rationality, the efficient market hypothesis, and economic equilibrium were brought into question by the event. Debate as to the cause of the crash still continues many years after the event, with no firm conclusions reached.
In the wake of the crash, markets around the world were put on restricted trading primarily because sorting out the orders that had come in was beyond the computer technology of the time. This also gave the Federal Reserve and other central banks time to pump liquidity into the system to prevent a further downdraft. While pessimism reigned, the market bottomed on October 20."
Ether_Snake
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Ok yeah really shitty day and like I said I'm just gonna sleep on my shares really, even that POS of IMMR:lol
Half of all my savings are in stocks, and I have some in my 401k equivalent, but very little (I just contribute on each pay through the company I work for and quite frankly I don't even know what it's invested in). I'm gonna slow down now, I'll probably buy INTC in the next few weeks, and that's it. This market won't heal for some time, probably not for the next 12 months. But at the same time, global growth can always help because many companies (especially in the tech sector) will, IMO, benefit a lot in the near-future from this new globalized-oriented economy. Of course there is going to be a slow down, everyone will be hurt by this, but I believe the economy has developed stronger roots by globalizing itself and hence some companies will make it out fine.
I mean, we still have this little treasure:
Industry Explodes With $18 bln in 2007
I want to see a big reaction to this tomorrow across the board, even if it doesn't make the shares go up much, I want the whole world to hear about the success of the video game sector. It's important!
Half of all my savings are in stocks, and I have some in my 401k equivalent, but very little (I just contribute on each pay through the company I work for and quite frankly I don't even know what it's invested in). I'm gonna slow down now, I'll probably buy INTC in the next few weeks, and that's it. This market won't heal for some time, probably not for the next 12 months. But at the same time, global growth can always help because many companies (especially in the tech sector) will, IMO, benefit a lot in the near-future from this new globalized-oriented economy. Of course there is going to be a slow down, everyone will be hurt by this, but I believe the economy has developed stronger roots by globalizing itself and hence some companies will make it out fine.
I mean, we still have this little treasure:
Industry Explodes With $18 bln in 2007
I want to see a big reaction to this tomorrow across the board, even if it doesn't make the shares go up much, I want the whole world to hear about the success of the video game sector. It's important!
marvelharvey
Member
It's probably more due to currency fluctuations than anything else, both the £ and the $ have been seriously devalued against the yen in the past couple of weeks:Az987 said:
£1 230->210yen (-9%)
$1 114->106yen (-7.5%)
I recently sold my home in the UK and was about to transfer the money to my Japanese bank account, but seeing as my money has lost 9% of it's value in a matter of days, I have no idea what to do. Keep it in the UK account, hoping for the pound to recover or convert into yen before it's too late and decreases further?
I'm starting a business in Japan in around 9-10 months, fingers crossed.
Ether_Snake
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The more open minded a nation's corporations are, the better it will do as it will be more flexible.
For example, Japan is extremely close-minded, very conservative culturally, and as such it makes them less flexible; they don't like to hire foreigners, they don't absorb world-wide talent like the UK, Canada, the US, etc., do.
The problem with the US economy is due to short-term greed, lack of foresight, and lack of risk management.
For example, Japan is extremely close-minded, very conservative culturally, and as such it makes them less flexible; they don't like to hire foreigners, they don't absorb world-wide talent like the UK, Canada, the US, etc., do.
The problem with the US economy is due to short-term greed, lack of foresight, and lack of risk management.
Ether_Snake said:
I'm going to sit on the sidelines until February and see where we are at that point. I'll have some more cash to play around with, and see if ACAS continues to sink like a rock. I believe in the company, so they'll be fine, but I doubt we'll see any bottom in the credit market by February....but I'm down about 25-30% and wouldn't mind cutting my cost basis by a big chunk.
Then again, I'm a little underweight in technology, and INTC is a really attractive buy at these prices. Still considering UN as well. Just want to get some cash in at these prices.
Ether_Snake
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Yeah, it's very tempting times to buy, but I have to hold myself back. Better safe than sorry, and I prefer to start investing at a time where I feel a bit more secured, it's just difficult to see through the fog.
Like I said earlier, yesterday I was one click away from buying INTC, and I held back (two days in a row). I'll have to hold back some more
UN was up today, and still up in After Hours. But again like I said I'll wait, it dropped more than that before. I prefer to look at a 5 to 10 year chart these days. And the drop has been quick, usually a real drop takes a few weeks if not a few months, and this time we're talking about a recession, so it is almost bound to drop more, so I'll wait just as I'm gonna wait with INTC.
Just gotta hold back the temptation
EDIT: CREE has been going up and down for months by quite a few bucks. Rather surprising. Almost an easy short-term money maker. The temptation! lol
Like I said earlier, yesterday I was one click away from buying INTC, and I held back (two days in a row). I'll have to hold back some more
UN was up today, and still up in After Hours. But again like I said I'll wait, it dropped more than that before. I prefer to look at a 5 to 10 year chart these days. And the drop has been quick, usually a real drop takes a few weeks if not a few months, and this time we're talking about a recession, so it is almost bound to drop more, so I'll wait just as I'm gonna wait with INTC.
Just gotta hold back the temptation
EDIT: CREE has been going up and down for months by quite a few bucks. Rather surprising. Almost an easy short-term money maker. The temptation! lol
RumblingRosco
Member
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Ether_Snake
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As I said yesterday about global growth, this is matched by GE and probably others too (for example, the video game sector, IBM, etc.):
http://biz.yahoo.com/ap/080118/earns_general_electric.html
http://biz.yahoo.com/ap/080118/earns_general_electric.html
Ether_Snake
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sonarrat said:
Mine is dead. The Brazilian stocks I invested into follow the NASDAQ/DOW/S&P. You get the idea?
EDIT: Ubisoft up 4.50%. Ubisoft ALWAYS benefits more from NPD results and the likes than US companies, probably because more people pay attention to the sector over there. Here I am 100% sure that the video game sector is under valued.