tag:blogger.com,1999:blog-1708908742323002823.post2678872412822645252..comments2024-02-10T02:18:27.240-08:00Comments on Trader Dan's Market Views: Corn hit by Ethanol Bill; Grains LowerTrader Danhttp://www.blogger.com/profile/05484363461047659198noreply@blogger.comBlogger17125tag:blogger.com,1999:blog-1708908742323002823.post-71033793776264156442013-12-13T04:35:35.841-08:002013-12-13T04:35:35.841-08:00don't forget … he also was the first one to st...don't forget … he also was the first one to step on the moon , and won seven tours Anonhttps://www.blogger.com/profile/01595034035769200702noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-69232820535802242562013-12-12T20:18:58.945-08:002013-12-12T20:18:58.945-08:00Dan:
RE "If the product is viable in and of i...Dan:<br />RE "If the product is viable in and of itself, and if the public really wanted it, the free market should determine that." - Amen.<br />If we could get the government out of the social engineering by finance business ending all these price supports, marketing orders and fallow fields for pay we would eliminate much distortion of the market and have a far healthier economy.<br />The barriers are huge, most every constituency has their own rice bowl to be filled and the green environmental ones are the biggest.<br />Keep reminding people of this.Mike Ehlerthttps://www.blogger.com/profile/03796788820435662856noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-19403560362042699622013-12-12T17:46:52.098-08:002013-12-12T17:46:52.098-08:00Sparks Nevada USA?Sparks Nevada USA?Mike Ehlerthttps://www.blogger.com/profile/03796788820435662856noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-803835048206678132013-12-12T17:43:46.935-08:002013-12-12T17:43:46.935-08:00Leadfoot;
Wow - now that is really an honor. Than...Leadfoot;<br /><br />Wow - now that is really an honor. Thank you!<br /><br />I honestly cannot answer that question for you my friend as I am a commodity futures guy and although I do keep track of what happens in the equity world as part of my overall trading preparation, I am really not that proficient in the analysis of individual stocks. <br /><br />What I can tell you is that I would look for all the same things that any astute investor would look for - low debt; good management; good properties in good countries where confiscation is not a risk; low cost of production, etc.<br /><br />I am sure that there are guys out here on this board who know more about individual stocks than I do but even at that, always make sure that you read the company prospectus. That is where you will discover the "fine print".<br /><br />I guess that is one of the reasons I like commodities over equities - in my view they are ultimately pure plays on the demand/supply fundamentals without having to deal with all those other peripheral, although important factors, that one has to deal with before making a decision as to whether or not to commit one's hard earned wealth.<br /><br />I can tell you also, that I would definitely look at the price charts of any stocks out there before I would buy them. You can find out a lot about a company merely by studying its price action, especially by comparing it to its peers within that same industry and seeing how its share performs versus its fellows. You do not want to buy a laggard because it is lagging for a good reason, even if you cannot quite discern why. the bigger money knows the reason!<br /><br />Very best of investing success to you. Always monitor your portfolio holdings however because things can change that affect them!<br /><br />Merry ChristmasTrader Danhttps://www.blogger.com/profile/05484363461047659198noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-90953602525845848752013-12-12T16:53:48.319-08:002013-12-12T16:53:48.319-08:00Dan... props to you from KC! Love your blog and f...Dan... props to you from KC! Love your blog and follow it consistently, your comments about God and the love for this country have even made it into our family devotions at times. My question is this... What 3-4 mining companies do you feel have made the necessary HARD decisions (controlling expenses and not "gambling" with shareholder $ by not locking in some future profits) and are strategically positioned for the future when/if this ship starts going back up? Leadfoothttps://www.blogger.com/profile/06057917623556609440noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-14800345171165733012013-12-12T15:06:47.673-08:002013-12-12T15:06:47.673-08:00Steve: Where is Sparks? You're driving me cr...Steve: Where is Sparks? You're driving me crazy with that signature. The News UNIThttps://www.blogger.com/profile/02597408419488351139noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-54145677057374782272013-12-12T14:48:59.271-08:002013-12-12T14:48:59.271-08:00Mark, you have finally said something I agree with...Mark, you have finally said something I agree with.Anonymoushttps://www.blogger.com/profile/00556677026634467062noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-33397085789329921022013-12-12T14:46:54.768-08:002013-12-12T14:46:54.768-08:00Mark, here in Sparks I pay $11 lb. choice and $16 ...Mark, here in Sparks I pay $11 lb. choice and $16 prime for my ribeyes, o.j. is not getting cheaper, nor are apples or gasoline at $3.40 ; sure, board prices are unequivocally in downtrends, but at the consumer level, especially for medical and insurance? Not a goddamn chance my friend; sparksAnonymoushttps://www.blogger.com/profile/15820220635483947518noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-21569137605408704912013-12-12T14:26:02.245-08:002013-12-12T14:26:02.245-08:00Armstrong has zero credibility. After all, he was...Armstrong has zero credibility. After all, he was locked up for nefarious activities for years, and because of that, he's regarded as a rock star hero.<br /><br />Now everyone glams on to him like he's the deliverer of the old testament tablets or something.<br /><br />I don't get it.Markhttps://www.blogger.com/profile/13068811838777958318noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-39691419030051754182013-12-12T13:00:54.468-08:002013-12-12T13:00:54.468-08:00MDLGTO;
Yes indeed. I can see ethanol from sugar ...MDLGTO;<br /><br />Yes indeed. I can see ethanol from sugar cane such as Brazil cranks out. That gives you a lot more output versus energy input than corn. Even with that in mind, I would not want to see any government mandate. I trust the market to sort these things out.Trader Danhttps://www.blogger.com/profile/05484363461047659198noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-41248997395882005422013-12-12T12:57:10.618-08:002013-12-12T12:57:10.618-08:00Not even Enviro foolishness...It's congression...Not even Enviro foolishness...It's congressional pork-ing. Net energy gain is marginal or negative when petro-fertilizers and farm machinery added in. Worst of both worlds, neither free market nor environmentally sound. USDA's subsidies go primarily to grains (read corn)--about 1/3 of direct 'aid'.MDLGTOhttps://www.blogger.com/profile/15988611490410921827noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-61337430641423811852013-12-12T12:25:39.227-08:002013-12-12T12:25:39.227-08:00So....Dow declining...PM's declining...Gov'...So....Dow declining...PM's declining...Gov't bonds no good...commodities declining.<br /><br />Start stuffing the mattress? I am open to suggestions at this point, maybe just short everything.Anonymoushttps://www.blogger.com/profile/12484142363488637120noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-49710802146839828452013-12-12T12:11:54.236-08:002013-12-12T12:11:54.236-08:00Mark
Armstrong is warning of a possible cycle inv...Mark<br /><br />Armstrong is warning of a possible cycle inversion again...this means the Dow could go into a nasty decline instead of a prosperity forever increase.<br />Here is the problem, Armstrong has been very accurate so far...so...given his latest warnings....sell or hold? Or buy all the way down? you know, kind of like what goldbugs were doing. After all, Armstrong has always said that gold will eventually trade at $5k and Dow at $30k...what's to worry about..right?<br />Anonymoushttps://www.blogger.com/profile/12484142363488637120noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-63287187746325708022013-12-12T11:53:47.870-08:002013-12-12T11:53:47.870-08:00Bah...who needs Ag anyway!
TWTR up 5% today.
TWTR ...Bah...who needs Ag anyway!<br />TWTR up 5% today.<br />TWTR no cash flow period<br /><br />That makes sense...Bernanke hasn't caused any distortions or misallocation of capital at all.<br />Wash, rinse and repeat? Try rape, pillage and burn.<br />This has absolutely nothing to do with prosperity.<br /><br />Anonymoushttps://www.blogger.com/profile/12484142363488637120noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-24077072018940394622013-12-12T11:42:36.024-08:002013-12-12T11:42:36.024-08:00Clearly, commodities are getting completely brutal...Clearly, commodities are getting completely brutalized across the board, so much so that it must start to worry Yellen soon as she's terrified of an acceleration in deflation.<br /><br />Deflation in essential items, while we are seeing absolutely eye-popping runaway moves in stocks like Twitter and Facebook.<br /><br />I mean really, Twitter goes into a "bear market" post-IPO with a low print of $39, and two weeks later its at $54 and a new high?<br /><br />Obviously, that company has absolutely no connection whatsoever with mining, farming, or resource production, LOL!!!<br /><br />Might as well embrace our huge luck in having nearly free food for many years to come as these grains prices continue to crater.Markhttps://www.blogger.com/profile/13068811838777958318noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-174579498955365072013-12-12T11:22:15.064-08:002013-12-12T11:22:15.064-08:00that is why in some Midwestern states premium is d...that is why in some Midwestern states premium is discount to regular; a very bad joke and thank you Dubya; sparksAnonymoushttps://www.blogger.com/profile/15820220635483947518noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-84995226022850549242013-12-12T10:40:50.353-08:002013-12-12T10:40:50.353-08:00Dan
Ethanol is also very hard on motorcycle parts...Dan<br /><br />Ethanol is also very hard on motorcycle parts and components.<br />Enviro foolishness.Anonymoushttps://www.blogger.com/profile/12484142363488637120noreply@blogger.com