Well, that didn’t take long. I try to change the top thread once it gets to 100 comments. Easier to manage.
We have quite a conversation going on about money…more specifically, retirement money. There seem to be no easy answers.
Continue on……
199 Thoughts to “Open Thread Sunday, October 17”
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All contents copyright Moonhowlings.net
Blogroll
- 9500Liberty
- Bacons' Rebellion Blogspot
- Bearing Drift
- Blue Virginia
- Citizen Tom
- Counts of Monte Cristo. The
- Derecho, The
- Dixie Pig, The
- My Side of the Fence
- My Star Journey
- NARAL Pro-Choice VA Blog
- New Dominion Project
- Nova Common Sense
- NovaTownHall Blog
- One Libertarians's Point of View by Al Alborn
- Pete Candland's Blog
- Potomac Local
- Prince William Muckraker
- PW Conservation Alliance
- PWC Moms
- PWCPolitics.com
- PWCPolitics.com
- Red NoVA
- Shad Plank, The
- She the People
- State of NoVA, the
- The Jeffersoniad
- Townhall
- VEA Daily Reports
- VivianPaige
- WDGolden.com
- You, Me and the Lamp Post
Slow, I think you hit the nail on the head as far as why fall is so awesome. I also love to hike, and the air is amazing.
I bet your son got really excited!!!
Listening to Bob and Jim now. Boomergeddon.
Good job, Bob.
Thanks Moon. Next week, I have a guest to discuss where the economy is going in the near term (growth or double-dip), and on November 1 (Monday before the mid-term election) one of the leading experts on the impact of elections on the economy and markets.
http://www.insightwealth.com/index.php?option=com_content&view=article&id=19&Itemid=19
I hope you will stop by each Monday morning for that jolt of a reminder. I am brain dead on Mondays…and still thinking about Boardwalk Empire. What a good show! Monopoly Sopranos.
@Moon-howler
40. Man was that a kick in the ass.
Will do. In the meantime, if someone has a question or comment but does not want to call in, they can email at [email protected] prior to the show, or afterwards if they want to offer feedback.
Fall is beautiful. But give me summer. Winter is too close to Fall.
Thanks Bob. How soon will the show be archived?
Slowpoke, the next one is worse.
My wife and I went out to Barrel Oak Winery in Delaplane yesterday … probably our 5th or 6th visit. Weather wise it was perfect. It sits on top of a hill and they have a large deck where you can sit outside and enjoy some wine and bruchetta while you enjoy the scenery and listen to the live music. It is dog friendly (they were hosting a Pug rescue fundraiser yesterday). If you bring in 4 cans of food for the local food bank you get the wine tasting for free, which is a pretty good deal. Fall and spring when the leaves are either coming or going and the temp is pleasant is the best time to go, but even in winter they have fire pits on the deck. Nice place to visit if you haven’t tried it. Their website is at http://www.barreloak.com/
@Moon-howler
It should be there later today to listen to from the VoiceAmerica site, or download as an MP3 or iTunes file; maybe tomorrow morning. Depends on how backlogged the production people are.
Moe, do you bring in people food or dog food for the food bank?
I would definitely like the firepits.
Lafayette will be sorry she missed the pug rescue.
Thanks for that review.
Thanks, Bob. I missed a little bit because of a phone call I had to take.
Just in case anyone followed me into BIDU, I’m exiting here after today’s blast off.
People expecting B I G things from AAPL after the bell. Be careful here because it’s a perfect sell the news setup. We’re seeing dollar strength and commodities are weak today, if we get that whiff of margin compression from AAPL we’ll have the trifecta I talked about earlier.
What time will the earnings report be released?
They usually release anywhere from 16:05 to 16:30
I believe you!
@cargosquid
I don’t mind winter until February. Then I definitely become sun deprived!
@Slowpoke Rodriguez
Really? I liked 40. It was a release somehow. I still feel like I am 20 but I have moved passed most of the social stupidity that marks growing up. I feel like I’ve come into my own. But maybe you felt that way earlier in life and I am just a late bloomer 🙂
AAPL light on iPads and we saw the margin compression we thought we’d see so the stock is taking a little trip to the woodshed here. We’ll see if the bears can push it under 300 and keep it there, next stop 280 if we get a decent market correction going.
Huge profits for Apple
Apple earned $4.31 billion or $4.64 per share in 4Q against $1.82 a share last year. Revenue for the quarter was $20.34 billion, vs. $9.87 billi
The profit taking seems to have begun. Gains of the day are down but that was expected. It is down about 15 bux per share.
Aapl really blew it away.
re: conference call
Steve Jobs is chiming in…very unusual.
14.1 million iphones. 91% increase. Geez.
Aapl passed RIMM meaning iphone surpassed blackberries. hmmmmmmm
Android is a major competitor. Apple has more apps. Jobs jabs at droids.
Jobs thinks adroid is fragmented and iphone is integrated.
Yeah, they didn’t beat the whisper (4.80) and margin is 2 points lower than expected = excuse to sell = buying opportunity after it gets done correcting. Headline numbers were great, I’d like to see them do something worthwhile with all that cash on the books though.
Now by worthwhile do you mean pay dividends or branch out with R & D or what?
Not sure what you mean by beat the whisper, etc.
English stocks for dummies por favor.
I don’t really care about them paying a dividend, I create my own every month by selling calls against my position. I’d really like to see them make some more acquisitions in the mobile ad space with social media tie-ins like foursquare and perhaps some skin in the game with Facebook. Spend some of that cash building up a commercial salesforce as well, at some point they need to think about enterprise penetration.
The whisper is basically a number that circulates that is above the high end of estimated EPS.
ah ok.
They talked about the ad market on the apps on the conference call before I hung up.
I wish they would stay away from social networking. To some of us, the currect social networking is a curse.
How do you do the dividends again? I didn’t understand that.
You can do it using options, it’s not quite a dividend because you risk your stock being called away, but it would work like this.
Let’s say you bought 100 shares of AAPL at 300. Then, you say to yourself that you’d be willing to sell the stock for 10% more than you paid for it, or 330. You would sell one contract for the AAPL 330 strike (the strike is the price you’re willing to sell at) which would expire Nov 19th. So, what you’ve done is sell someone else the right to buy your shares at 330 until Nov 19th. For this you would be paid 1080.00. Now, the risk is that your shares in AAPL rise above 340.8 (since one contract represents 100 shares the guy on the other side of the transaction paid you 10.80 per share for the rights to buy you out). In this event, you’re out of the shares at a 10% profit plus you keep the 1080.00 in cash.
However, if the shares *don’t* rise to 340.8 by expiration you keep the 1080.00. And you can keep doing this every month, just set the strike reasonably high so you don’t get called away.
And you do this on stocks that don’t pay dividends?
Well, folks, I didn’t realize Cuomo and Paladino had competition the THIS guy! His name is Jimmie McMillen and he’s with the “Rent is too Damn High” Party! Check out these vids from a NY Gov debate. This guy may very well be the coolest dude in politics!! Forget R/D, Liberal or Conservative for a moment and enjoy this candidate!
http://tv.gawker.com/5667182/crazy-rent-is-too-damn-high-candidate-steals-the-show-at-ny-gov-debate
@Slowpoke Rodriguez
Please provide link to polls that people are ready to take Bush back, otherwise you have shown us meaningless rhetoric.
Has anyone stopped to think that the next two years post election are going to be an absolute void? Regardless of which party controls which house or both, neither will have a super majority, which is what it now takes to pass anything except a congressional pay raise. Republicans promise they are going to do away with the Obama Health Care Reform as well as Cap and Trade. They also promise smaller government, yada, yada, yada. NO CAN DO! And the Dems cannot do anything either. So, we are going to pay the salaries of a bunch of do nothings for two more years. Healthcare Reform will become more entrenched to the point that should the Republicans succeed in reaching a super majority in both houses, the public will be in a uproar if the try to do away with Health Care Reform. Cap and Trade will probably die a natural death–neither side can do any thing about it. If the Congress is split, nothing will happen for two years and if it is still split in 2012, then nothing will happen for two more years. We are in for a long dry spell one way or another. I hope the Republicans printed their Pledge to America on toilet paper since that is about all it will be worth in the near future–that is four or more years. Another abject failure on their part and another pull the wool over American eyes job.
George – Unsubstantiated data from an anonymous poster with a track record of making stuff up … I think qualifies as a Fox Fact.
http://publicpolicypolling.blogspot.com/2010/08/previewing-ohio.html
Bush over Obama 52%-40%
http://www.examiner.com/conservative-in-raleigh/ohioans-choose-bush-over-obama-a-liberal-poll
Here’s the article describing this pollsters standard client list
CArgo, maybe they were having an off day?
Then there are those rascally questions. I would like to see what they asked.
I am still laughing over the rents too high. Geez.
has anyone noticed how demonic the annointed one is looking lately? reminds me of damien in the omen more and more every passing day
Three suicide bombers launched an attack on the Chechen parliament Tuesday. Rebels in Chechnya have been fighting for independence and it has exacted a heavy toll both inside Russia and in the North Caucasus region where Chechnya is located. In addition, the Chechen population of about 1 million is mostly made up of Sunni Muslims, who maintain a distinctly different cultural and linguistic identity from Russian Orthodox Christians. (excerpts from CNN report)
And Bill O’Reilly was wrong?
@e
Who, Karl Rove? He looks pretty much the same to me. He is making a good come-back.
SA, not arguing O’Reilly is right or wrong. He offered an opinion. Actually, opinions aren’t right or wrong…they are opinions. I am suggesting, rather strongly, that he was an arrogant buffoon for telling Joy B to be quite, listen to him, and she might learn something.
Very bad manners. I truthfully don’t care how he feels about the mosque.
Chechnya is riddled with problems that someone always wants to cure with violence. Not sure I have ever stopped to sort it all out who is trying to kill whom. I haven’t gotten past that school violence from several years ago. Horrible.
like the author of the book of revelation, a certain measure of crypticism when describing the political powers that be is prudent
I have the urge to tell Joy B to shut up every time I see her! So I feel his pain. Manners? Manners? That show is about manners? Are you kidding me. The fact is that 90% of world wide violent acts involving the blowing up of innocent people have Muslims lighting the fuse. THAT is what O’Reilly was trying to get across when the two walked out, as if he was out of line on THAT comment alone. Instead he was right on.
e- I think you just said something extremely deep and wise…I am just not quite sure what it was…give me a few hours to contemplate that one.
John…which John…which powers that be. hmmmmmm
More later.
Got some more color around “foreclosuregate” this AM – here’s a note that indicates it might be overblown:
“The foreclosure/paperwork problem is serious, in that many of the large servicers will likely have to pay large fines and/or incur significant new staffing costs to improve the foreclosure process. In addition, the mortgage put-back story is very real, although perhaps exaggerated in its likely impact. CreditSights thinks Bank of America could ultimately suffer $0.90/share worth of a EPS hit, about equal to what the bank is expected to earn in 2010.”
“However I will say this idea that the MERS system will be deemed illegal and all mortgages in REMICs thus declared null and void is ridiculous. No judge is going to bang his/her gavel and destroy the mortgage business when every party involved in the process intended for things to happened exactly as they have. The borrower intended to buy the house, the originator intended to sell the loan to investors, the investors intended to buy the mortgage security, and when the borrower stopped paying their mortgage, the servicer intended on foreclosing. No one was duped by the language in the MERS legal documents. Some technicality about MERS isn’t going to trump all that intent.”
SA, yes, and I have that same feeling about Steve Doocy and Sean Hannity. But we don’t. That’s the difference. We were taught better. You don’t do that.
And even if you tell Joy B to shut up, there is a difference in just saying Joy, shut the %^&*(O) up and telling her to shut up, listen to YOU and she might learn something. The arrogance!
I don’t care what his opinion is on mosques or Joy’s either. I would have cut the mic over rudeness. The mosque is an opinion.
I think maybe we need to decide who the bad guys are. SA is saying muslims. Fox News is blaming drug cartels. ARe Mexican drug cartels Muslim?
As an aside, I think that we need to make certain we use adjectives. Muslim extremists or extremist Muslims,
And now, can I say I don’t feel like looking at cleavage at this hour. Gretchen! Please…cover it up this early in the morning. Cleavage at 6 am…good grief. And we wonder why we have trouuble getting teens to dress appropriately at school. 🙄
@Morris Davis
I’m with you on the identity thing Moe–those with faux identities don’t want their friends and business acquaintances to know the kind of stuff they say on here.
Some people have very legitimate reasons for not stepping up to the plate. I personally know a man who ran for office against a local politician who was targetted by that politician’s church. The man lost his job and darn near lost his home. No, it was’t recent. He ran a decent campaign. If it can happen to this gentleman, then there are all sorts of reasons why people, for whatever reason, don’t come out in front of the gun.
Kids beaten up, business customers pressured into taking it elsewhere, kids being singled out for ridicule by school personnel and volunteers, people being tossed out of organizations, lies being told about people’s sex lives, I have seen all of these things.
@Morris Davis
Read the “polls”–Ohio does not represent everyone. Faux news–yep.
Cato has deposited some pretty important information about foreclosure-gate. Scroll back and take a look. So was much of that foreclosure business a tempest in a teapot?
I saw that Bank of America is going to resume processing foreclosures.
Copper down big, dollar firming against both Euro and Yen. It looked for a while that we might see a rotation from tech to banks to keep the rally going, but that’s faded pre market. Good news is getting sold, so we could see some decent downside pressure today. We’ll see how much juice the bears have in the tank, but I expect fairly aggressive buyers to step up as we approach S&P 1165.
@Moon-howler
We live in an age where mountains of data are collected on individuals, everything from address history to SSN to driving records, etc. which is available for sale to the highest bidder. Heck, there are hundreds of companies out there that are in business specifically to sell your personal data. Someone with malicious intent and 30 bucks can have your identity in a few mouse clicks, and be applying for credit cards in your name 10 minutes later.